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SCHMIDT OCEAN INSTITUTE

SCHMIDT OCEAN INSTITUTE

Palo Alto, CA, US
501(c)3
EIN
26-4562328
Private Operating Foundation
Private Foundation
Family Foundation
funder logo

SCHMIDT OCEAN INSTITUTE

Palo Alto, CA, US
501(c)3
EIN
26-4562328
Private Operating Foundation
Private Foundation
Family Foundation

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$9,393,588

Other
78%
Investments
18%
Contributions
3%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$36,885,294

Salaries & Benefits
37%
Other
34%
Depreciation
23%
Fees to Service Providers
3%
Grants
2%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$75,000,000
$315,000
-100%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$704,494
$1,722,529
+145%
Other
$2,604,188
$7,356,059
+182%
Total Revenues
$78,308,682
$9,393,588
-88%
Expenses
2023
2024
Change
Grants
$405,059
$587,331
+45%
Benefits to Members
$0
$0
-
Salaries & Benefits
$13,096,002
$13,811,331
+5%
Fees to Service Providers
$1,026,366
$1,211,547
+18%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$192,082
$122,606
-36%
Interest
$0
$0
-
Depreciation
$7,867,300
$8,484,758
+8%
Other
$10,957,734
$12,667,721
+16%
Total Expenses
$33,544,543
$36,885,294
+10%
Net income
2023
2024
Change
Net income
+$44,764,139
-$27,491,706
-161%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)