#460 of 500 · Research & Science

Woods Hole Oceanographic Institution

EIN 04-2105850 · MA · NTEE U210 · Form 990, fiscal 2023

A private, nonprofit research and education organization on Cape Cod in Woods Hole, Massachusetts, founded in 1930. It is the largest independent oceanographic research institution in the United States, dedicated to the study of all aspects of marine science and engineering. WHOI conducts research and graduate education across ocean physics, biology, chemistry, and geology, operates research vessels and submersibles such as Alvin, and applies its findings to societal challenges including climate change.

Financials, fiscal 2023

Revenue

$345.9M

Expenses

$331.6M

Total assets

$766.1M

Net assets

$603.3M

Operating margin

4.1%

1-year growth

-2.3%

5-year growth (CAGR)

7.2%

Reserve (years of spending)

21.8

Contributions share

96.6%

Programme spending

3.0%

Fundraising cost

0.1%

Executive pay share

1.14%

Employees

1,354

Revenue per employee

$255K

Grants paid

n/a

Years filing

69

NFP Health Score: 78 / 100

Financial 61 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

The Woods Hole Oceanographic Institution is dedicated to advancing knowledge of the ocean and its connection with the Earth system through a sustained commitment to excellence in science, engineering, and education, and to the application of this knowledge to problems facing society.

Revenue history