Public Charity

OCEAN EXPLORATION TRUST INC

Based in NEW LONDON, CT, OCEAN EXPLORATION TRUST INC operates as a Public Charity. The organization reported $19.3M in revenue, $16.5M in expenses, $12.1M in total assets for fiscal year 2024. Imperigo tracks 17 reported grant relationships connected to this organization totaling approximately $2.2M.

EIN: 830488383 NEW LONDON, CT Latest filing: 2024
Total Revenue$19.3M
Total Expenses$16.5M
Total Assets$12.1M
Grant Records17
Funding Total$2.2M
Filing Years2020–2024

Mission

SEE SCHEDULE O

Sample Grants Received

2024
For grant recipient's exempt purposes
$75,350
$25,000
2022
EDUCATION COLLABORATIONS FOR PACIFIC ISLANDS E/V NAUTILUS EXPEDITION
$131,036
2022
For grant recipient's exempt purposes
$50,350
2022
UNRESTRICTED
$6,997

Showing up to 5 of 17 total records — full history available with membership.

Officers & Directors

COO/BOT SECRETARY Allison Fundis
DIRECTOR Arthur House
DIRECTOR Barbara Smit
CHIEF SCIENTIST Daniel Wagner
CFO/TREASURER Denise H Armstrong
SCIENTIST Derek Sowers

Officer compensation and complete director data available with membership.

Top Grant Purposes

EXPLORATION EXPEDITIONS INTO SANCTUARIES WITH LIVE ONLINE EDUCATION COMPONENTS
$880,000 1 grant
EXPLORATION EDUCATION RESOURCES DEVELOPMENT
$516,722 2 grants
UNRESTRICTED GENERAL SUPPORT
$250,000 1 grant
For grant recipient's exempt purposes
$195,700 3 grants
EDUCATION COLLABORATIONS FOR PACIFIC ISLANDS E/V NAUTILUS EXPEDITION
$131,036 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $19.3M $16.5M $12.1M
2023 $15.0M $15.5M $10.7M
2022 $13.5M $14.4M $12.8M
2021 $11.8M $13.0M $13.2M
2020 $9.7M $9.8M $13.6M

Between 2020 and 2024, reported annual revenue grew from $9.7M to $19.3M (+100%), with total assets most recently reported at $12.1M.

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

See the full picture for OCEAN EXPLORATION TRUST INC

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