Bigelow Laboratory for Ocean Sciences
Bigelow Laboratory for Ocean Sciences
Bigelow Laboratory for Ocean Sciences
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$29,714,759
Contributions
48%
Government Grants
40%
Program Services
10%
Investments
2%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$20,548,715
Salaries & Benefits
55%
Other
26%
Depreciation
11%
Fees to Service Providers
3%
Offices, Occupancy & IT
3%
Interest
2%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2024
2025
Change
Contributions
$17,995,883
$14,224,090
-21%
Government Grants
$9,952,706
$11,845,771
+19%
Fundraising Events
$0
$0
-
Program Services
$2,075,780
$2,828,858
+36%
Membership Dues
$0
$0
-
Investments
$427,893
$623,458
+46%
Other
$70,932
$192,582
+172%
Total Revenues
$30,523,194
$29,714,759
-3%
Expenses
2024
2025
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$11,253,064
$11,370,457
+1%
Fees to Service Providers
$458,989
$626,792
+37%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$345,356
$542,909
+57%
Interest
$446,587
$429,981
-4%
Depreciation
$2,219,870
$2,267,972
+2%
Other
$4,822,763
$5,310,604
+10%
Total Expenses
$19,546,629
$20,548,715
+5%
Net income
2024
2025
Change
Net income
+$10,976,565
+$9,166,044
-16%
Functional Expenses
Summary
2024
2025
Change
Program
$17,471,729
$18,138,491
+4%
Admin
$250,109
$475,144
+90%
Fundraising
$1,824,791
$1,935,080
+6%
Total Expenses
$19,546,629
$20,548,715
+5%
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