Woodwell Climate Research Center
- Assets
- $35.0m
- Revenue
- $19.6m
- Investments
- $0.0
- Employees
- 76
- Location
- Falmouth, MA
- Founding
- 10/1991
- Data as of
- 06/2021
- EIN
- 04-3005094
Organization Overview
Woodwell Climate Research Center is located in Falmouth, MA. The organization was established in 1991. According to its NTEE Classification (U30) the organization is classified as: Physical & Earth Sciences, under the broad grouping of Science & Technology and related organizations. As of 06/2021, Woodwell Climate Research Center employed 76 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Woodwell Climate Research Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Woodwell Climate Research Center generated $19.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $12.1m during the year ending 06/2021. While expenses have increased by 6.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Woodwell Climate Research Center has awarded 74 individual grants totaling $3,361,251. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WOODWELL CLIMATE RESEARCH CENTER IS AN ORGANIZATION OF SCIENTISTS WHO WORK WITH A WORLDWIDE NETWORK OF PARTNERS TO UNDERSTAND AND MANAGE CLIMATE CHANGE. WE BRING TOGETHER 35 YEARS OF HANDS-ON RESEARCH EXPERIENCE AND POLICY IMPACT TO FIND SOCIETAL-SCALE SOLUTIONS THAT CAN BE PUT INTO IMMEDIATE ACTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
POLICY RELEVANT RESEARCH - SCIENTIFIC EXCELLENCE IS THE FOUNDATION FOR ALL OF THE CENTER'S ACTIVITIES, AND DISTINGUISHES THE CENTER FROM OTHER NGOS IN THE ENVIRONMENTAL SECTOR. THROUGH A HOLISTIC, MULTIDISCIPLINARY, APPLIED, AND TEAM-FOCUSED APPROACH, WE SEEK TO CREATE BREAKTHROUGH UNDERSTANDING OF CLIMATE CHANGE IMPACTS AND SOLUTIONS, FOR THE PURPOSE OF INFORMING SOUND ENVIRONMENTAL POLICIES FROM THE LOCAL TO GLOBAL SCALE. THE CENTER'S RESEARCH IS FOCUSED ON THE LAND-CLIMATE CONNECTION - HOW CHANGES IN LAND USE EFFECT THE CLIMATE SYSTEM; HOW THE CHANGING CLIMATE IS ALTERING SYSTEMS ON LAND SUCH AS FORESTS, ECOSYSTEMS AND AGRICULTURE; AND WHAT LAND-MANAGEMENT STRATEGIES CAN HARNESS THE POWER OF NATURE TO SLOW CLIMATE CHANGE. MOST OF THIS RESEARCH IS CONDUCTED IN THE ARCTIC AND THE TROPICS-CRITICAL REGIONS WHERE NATURAL SYSTEMS CONTAIN DISPROPORTIONATE SHARES OF THE PLANET'S BIODIVERSITY AND STORED CARBON, BUT WHERE DEFORESTATION, AGRICULTURE, FIRE, AND CLIMATIC WARMING PLACE THESE ASSETS AT GREAT RISK.
POLICY ENGAGEMENT, EDUCATION AND COMMUNICATION - THE CENTER HAS A LONG AND RICH HISTORY OF IMPACTING CLIMATE POLICY PROCESSES AT MULTIPLE LEVELS, AND SHARING OUR SCIENTIFIC UNDERSTANDING OF CLIMATE CHANGE WITH THE WORLD THROUGH CUTTING-EDGE COMMUNICATION AND EDUCATION PROGRAMS. THE CENTER BUILDS PARTNERSHIPS WITH LOCAL AND NATIONAL GOVERNMENTS, NON-GOVERNMENTAL AND PRIVATE-SECTOR ORGANIZATIONS TO IMPLEMENT AND MEASURE PROGRESS TOWARDS NATIONAL COMMITMENTS TO THE PARIS AGREEMENT. TO LEAVE AN EDUCATIONAL LEGACY, THE CENTER OFFERS HANDS-ON EXPERIENTIAL PROGRAMS TO TRAIN A NEW GENERATION OF CLIMATE SCIENCE LEADERS. THE CENTER FOSTERS IMMERSIVE EDUCATIONAL PROGRAMS THAT ENCOURAGE STUDENTS TO LINK FIELD RESEARCH WITH BIG-PICTURE SOLUTIONS IN THE CHALLENGING AND FAST-CHANGING ENVIRONMENTS WHERE WE WORK.
CENTER FUNDED SCIENCE - THIS CATEGORY OF EXPENDITURES REPRESENTS THE CENTER'S COMMITMENT TO STIMULATING INNOVATION AND INVESTING IN OUR SCIENTIFIC STAFF BY FUNDING PROJECTS OF OUR OWN CHOOSING. CENTER FUNDED SCIENCE AIMS TO SUPPLEMENT/EXTEND EXISTING PROJECTS, OR SEED-FUND PROJECTS THAT HAVE THE POTENTIAL TO HAVE OUTSIZED IMPACT IN SCIENCE AND POLICY OR WHICH HAVE GOOD POTENTIAL FOR RETURN ON INVESTMENT BY ENABLING EXTERNAL FUNDING.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Duffy President/executive Director | OfficerTrustee | 40 | $303,534 |
Linda Deegan Senior Scientist | 40 | $192,832 | |
Robert Max Holmes Deputy Director/senior Scientist | Officer | 40 | $192,103 |
Christopher Neill Senior Scientist | 40 | $191,368 | |
Michael Coe Senior Scientist | 40 | $174,194 | |
Leslie Kolterman Chief Development Officer | Officer | 40 | $167,260 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,639,287 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,461,712 |
| Noncash contributions included in lines 1a–1f | $145,869 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,100,999 |
| Total Program Service Revenue | $1,705,543 |
| Investment income | $185,814 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $558,100 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,563,281 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $482,215 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $189,477 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,515,115 |
| Compensation of current officers, directors, key employees. | $697,257 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,281,474 |
| Pension plan accruals and contributions | $431,055 |
| Other employee benefits | $1,662,994 |
| Payroll taxes | $502,971 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $76,576 |
| Fees for services: Accounting | $37,215 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $47,275 |
| Fees for services: Investment Management | $58,922 |
| Fees for services: Other | $978,899 |
| Advertising and promotion | $18,718 |
| Office expenses | $284,047 |
| Information technology | $231,652 |
| Royalties | $0 |
| Occupancy | $153,634 |
| Travel | $33,871 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $37,743 |
| Interest | $10,172 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $447,118 |
| Insurance | $116,156 |
| All other expenses | $2,956 |
| Total functional expenses | $12,121,354 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,642,222 |
| Savings and temporary cash investments | $6,172,868 |
| Pledges and grants receivable | $6,542,777 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $289,513 |
| Net Land, buildings, and equipment | $4,794,283 |
| Investments—publicly traded securities | $10,354,489 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $224,331 |
| Total assets | $35,020,483 |
| Accounts payable and accrued expenses | $1,083,128 |
| Grants payable | $0 |
| Deferred revenue | $681,663 |
| Tax-exempt bond liabilities | $1,150,282 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $107,101 |
| Total liabilities | $3,022,174 |
| Net assets without donor restrictions | $11,478,617 |
| Net assets with donor restrictions | $20,519,692 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $35,020,483 |
Grants Awarded
Over the last fiscal year, Woodwell Climate Research Center has awarded $472,052 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Boston, MA PURPOSE: SCIENTIFIC RESEARCH | $82,966 |
Washington, DC PURPOSE: SCIENTIFIC RESEARCH | $60,000 |
Ann Arbor, MI PURPOSE: SCIENTIFIC RESEARCH | $59,562 |
MONTANA STATE UNIVERSITY PURPOSE: SCIENTIFIC RESEARCH | $41,434 |
Bryn Mawr, PA PURPOSE: SCIENTIFIC RESEARCH | $40,423 |
Irvine, CA PURPOSE: SCIENTIFIC RESEARCH | $37,945 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Woodwell Climate Research Center has recieved totaling $208,600.
| Awarding Organization | Amount |
|---|---|
Robinson-Acevedo Family Foundation Inc Flint, MI PURPOSE: GENERAL SUPPORT | $200,000 |
Brown Family Foundation Inc Cumberland, WI PURPOSE: OPERATING | $5,000 |
The Naduse Foundation Beverly, MA PURPOSE: CHARITABLE | $2,500 |
Dorothea R Endicott Charitable Foundation Boston, MA PURPOSE: PROGRAM SUPPORT | $1,000 |
Michael P Dowling Foundation Denver, CO PURPOSE: CLIMATE CHANGE | $100 |
Endowment Analysis
| Beg. Balance | $7,061,933 |
| Earnings | $1,635,335 |
| Net Contributions | $5,200 |
| Ending Balance | $8,702,468 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Woodwell Climate Research Center Falmouth, MA | $35,020,483 | $19,563,281 |
The John B Pierce Laboratory Inc New Haven, CT | $10,117,404 | $6,351,380 |
Slater Technology Fund Inc Providence, RI | $16,390,332 | $8,003,295 |
Science Friday Initiative Inc New York, NY | $7,093,144 | $3,258,319 |
Nexterra Foundation Inc Millerton, NY | $1,249,653 | $1,839,240 |
New York Sun Works Inc New York, NY | $1,656,607 | $1,789,776 |
International Union United Auto Aerospace & Agricultural Workers West Hartford, CT | $39,635 | $669,007 |
International Union United Auto Aerospace & Agricultural Workers West Hartford, CT | $282,653 | $0 |
International Cryosphere Climate Initiative Pawlet, VT | $43,263 | $115,108 |
Institute For Energy And Climate Strategies Inc Brooklyn, NY | $11,269 | $0 |
Adirondack Soaring Association Inc Ballston Spa, NY | $309,704 | $0 |
Global Wtert Council Inc New York, NY | $139,058 | $0 |