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GLOUCESTER MARINE GENOMICS INSTITUTE INCORPORATED
GLOUCESTER MARINE GENOMICS INSTITUTE INCORPORATED
GLOUCESTER, MA, US
•
501(c)(3)
•
EIN
46-3020006
•
WWW.GMGI.ORG
•
Women Led
LGBTQ+ Led
GLOUCESTER MARINE GENOMICS INSTITUTE INCORPORATED
GLOUCESTER, MA, US
•
501(c)(3)
•
EIN
46-3020006
•
WWW.GMGI.ORG
•
Women Led
LGBTQ+ Led
Overview
Programs
990s
Income Statement
Balance Sheet
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People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
Grantmaking
Giving Insights
Grantees
Grants Given
Overlap
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Income Statement
Fiscal Year Start:
Jan 1
Revenues in
2024
$9,856,858
Contributions
90%
Government Grants
9%
Program Services
1%
Investments
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in
2024
$5,839,474
Salaries & Benefits
63%
Other
11%
Offices, Occupancy & IT
10%
Depreciation
8%
Fees to Service Providers
3%
Grants
3%
Advertising & Promotion
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$4,419,405
$8,836,228
+100%
Government Grants
$1,088,196
$879,221
-19%
Fundraising Events
$0
$0
-
Program Services
$135,482
$109,987
-19%
Membership Dues
$0
$0
-
Investments
$20,017
$22,971
+15%
Other
$613
$8,451
+1279%
Total Revenues
$5,663,713
$9,856,858
+74%
Expenses
2023
2024
Change
Grants
$127,299
$177,601
+40%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,056,610
$3,696,348
+21%
Fees to Service Providers
$111,432
$187,050
+68%
Advertising & Promotion
$18,328
$19,285
+5%
Offices, Occupancy & IT
$671,043
$593,976
-11%
Interest
$9,112
$7,595
-17%
Depreciation
$523,162
$490,976
-6%
Other
$754,457
$666,643
-12%
Total Expenses
$5,271,443
$5,839,474
+11%
Net income
2023
2024
Change
Net income
+$392,270
+$4,017,384
+924%
Functional Expenses
Summary
2023
2024
Change
Program
$3,853,503
$4,305,943
+12%
Admin
$980,752
$1,036,640
+6%
Fundraising
$437,188
$496,891
+14%
Total Expenses
$5,271,443
$5,839,474
+11%
Income Statement