Overview

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Est.

2013

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

GLOUCESTER MARINE GENOMICS INSTITUTE INCORPORATED is a Gloucester-based nonprofit founded in 2013 that advances research and education in marine science, biotechnology, genetics, ecology, STEM education, and related fields to address challenges facing oceans, human health, and the environment. In filing year 2024, it reported a $5.7M operating budget and $9.9M in total revenue, with major support from Combined Jewish Philanthropies Of Greater Boston Inc, TOWER FAMILY FUND INC, and ESSEX COUNTY COMMUNITY FOUNDATION, INC.

Mission Statement

GLOUCESTER MARINE GENOMICS INSTITUTE (GMGI) WAS ESTABLISHED IN 2013. GMGI'S MISSION IS TO ADDRESS CRITICAL CHALLENGES FACING OUR OCEANS, HUMAN HEALTH AND THE ENVIRONMENT THROUGH INNOVATIVE SCIENTIFIC RESEARCH AND EDUCATION. BY BRINGING WORLD-CLASS SCIENCE AND TRANSFORMATIVE WORKFORCE DEVELOPMENT TO GLOUCESTER'S HISTORIC WATERFRONT, GMGI IS CATALYZING THE REGIONAL ECONOMY.
Revenues
$9.9M
Expenses
$5.8M
Net Income:
+$4M
Assets
$13.2M
Liabilities
$1.9M
Net Assets:
+$11.3M
Operating Budget
$5.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
28
Median grant size
$48.3K
Largest grant received
$1M
C
Christine Bolzan
Board Member
M
Marc Vidal
Board Member
D
David Walt
Board Member
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  • 59 funders
  • 27 board & team members
  • 9 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is GLOUCESTER MARINE GENOMICS INSTITUTE INCORPORATED’s budget?
In 2024, GLOUCESTER MARINE GENOMICS INSTITUTE INCORPORATED reported an annual operating budget of around $5.7 million. More detailed financial information is available to registered users.
What causes does GLOUCESTER MARINE GENOMICS INSTITUTE INCORPORATED support?
GLOUCESTER MARINE GENOMICS INSTITUTE INCORPORATED supports work in Vocational education, Environment, Genetics, STEM education, Biochemistry, Botany, Ecology, Genetic research, Molecular biology, Marine science, and Biotechnology.
Where does GLOUCESTER MARINE GENOMICS INSTITUTE INCORPORATED operate?
GLOUCESTER MARINE GENOMICS INSTITUTE INCORPORATED is headquartered in GLOUCESTER, MA.
Who funded GLOUCESTER MARINE GENOMICS INSTITUTE INCORPORATED recently?
In 2025, GLOUCESTER MARINE GENOMICS INSTITUTE INCORPORATED received grants from Combined Jewish Philanthropies Of Greater Boston Inc, FIDELITY INVESTMENTS CHARITABLE GIFT FUND, and TOWER FAMILY FUND INC. More information on this organization’s funders is available to registered users.
What is the largest grant GLOUCESTER MARINE GENOMICS INSTITUTE INCORPORATED received in 2024?
The largest grant to GLOUCESTER MARINE GENOMICS INSTITUTE INCORPORATED in 2024 exceeds $1 million.
What is GLOUCESTER MARINE GENOMICS INSTITUTE INCORPORATED’s reliance on government grants?
GLOUCESTER MARINE GENOMICS INSTITUTE INCORPORATED relied on government grants for more than 5% of their total revenue in 2024.