GULF OF MAINE RESEARCH INSTITUTE

PORTLAND, ME, 04101-4618 (207) 772-2321 Est. 1994 EIN 01-0504905

D500— Animal-Related Form 990 501(c)(3)

Mission

THE GULF OF MAINE RESEARCH INSTITUTE (GMRI) DEVELOPS AND DELIVERS COLLABORATIVE SOLUTIONS TO GLOBAL OCEAN CHALLENGES.

Total Revenue

$20,243,085

Total Expenses

$17,708,525

Net Assets

$39,223,252

121 employees 24 volunteers

From latest filing (tax period ending 2024-06-30)

Operating Reserve

2.2 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 4.5%

Expenses ↑ 15.3%

Revenue Sources

Contributions 89.7% Earned revenue 6.6% Investment 2.5% Other 1.0%

Expense Breakdown

Program 66.8% Management 24.9% Fundraising 8.3%

Sign up free to see all officers. We treat individual compensation with extra care; named amounts are on Grow plans.

Looking for funders for your nonprofit? Sign up free to find foundations open to applications.

Year	Revenue	Expenses	Net Assets
2023 Form 990 Jul 1, 2023 to Jun 30, 2024	$20,243,085 ↑	$17,708,525	$39,223,252
2022 Form 990 Jul 1, 2022 to Jun 30, 2023	$19,370,120 ↑	$15,361,083	$35,093,873
2021 Form 990 Jul 1, 2021 to Jun 30, 2022	$15,490,107 ↑	$13,066,663	$30,353,943
2020 Form 990 Jul 1, 2020 to Jun 30, 2021	$13,047,979 ↓	$11,443,471	$27,606,280
2019 Form 990 Jul 1, 2019 to Jun 30, 2020	$15,942,946	$12,092,531	$24,002,464