Public Charity

GULF SPECIMEN MARINE LABORATORIES INC

Based in PANACEA, FL, GULF SPECIMEN MARINE LABORATORIES INC operates as a Public Charity. The organization reported $1.5M in revenue, $1.2M in expenses, $2.1M in total assets for fiscal year 2024. Imperigo tracks 12 reported grant relationships connected to this organization totaling approximately $896K.

EIN: 592021454 PANACEA, FL Biological & Life Sciences NTEE: U50 Latest filing: 2024
Total Revenue$1.5M
Total Expenses$1.2M
Total Assets$2.1M
Grant Records12
Funding Total$896K
Filing Years2019–2024

Mission

To support marine research and education, provide collection and storage of marine specimens for educational and medical research, and to provide educational tours of our facilities.

Where $100 goes at Gulf Specimen Marine Laboratories Inc

How Gulf Specimen Marine Laboratories Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$63 Programs the work itself
$37 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $63 for programs

$21
Achievement - Marine research and education Specimen Sales
34% of program spending
$21
Achievement - Marine research and education Tours
33% of program spending
$21
Achievement - Marine research and education Gift shop sales
33% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

VICEPRESIDENT Cypress Rudloe
DIRECTOR David Frisby
PRESIDENT Jack J Rudloe
DIRECTOR Sky Rudloe

Officer compensation and complete director data available with membership.

Top Grant Purposes

Public Safety & Disaster Relief
$633,860 2 grants
General Support
$120,422 3 grants
Environment & Conservation
$70,725 4 grants
Health & Medicine
$52,233 2 grants
Education
$18,434 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.5M $1.2M $2.1M
2023 $1.3M $1.2M $1.7M
2022 $988K $1.0M $1.6M
2020 $948K $708K $1.2M
2019 $792K $804K $858K

Between 2019 and 2024, reported annual revenue grew from $792K to $1.5M (+85%), with total assets most recently reported at $2.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for GULF SPECIMEN MARINE LABORATORIES INC

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