Civic Intelligence

Panacetacea

EIN 27-2514795 • 501(c)3 • Saint Paul, MN

Profile

Panacetacea conducts marine research on whales and dolphins in Panamanian waters. Results from our data is made available to the public and government agencies to inform conservation measures.

1554 Delaware AvenueSaint Paul, MN 55118-3850

www.panacetacea.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

30th percentile

-10%

Higher net margin than 30% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

88th percentile

$7,500

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 7.9% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

49th percentile

-2.1%

Faster asset growth than 49% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

26th percentile

-29%

Faster revenue growth than 26% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$179,664

Down $4,910 (-2.7%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$179,664

Down $4,910 (-2.7%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin30th percentile

Revenue

Down

$48,034

Down $13,774 (-22%) from 2023

Expenses

Down

$52,944

Down $11,739 (-18%) from 2023

Net Income

Down

-$4,910

Down $2,035 (-71%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth49th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2022: $187,449Liabilities 2022: $0Net Assets 2022: $187,4492022Assets 2023: $184,574Liabilities 2023: $0Net Assets 2023: $184,5742023Assets 2024: $179,664Liabilities 2024: $0Net Assets 2024: $179,6642024

Highlighted filing

2024

Assets$179,664
Liabilities$0
Net Assets$179,664
Open 2024 Filing

Operations Trend

Revenue Growth26th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2022: $95,047Expenses 2022: $77,709Net Income 2022: $17,3382022Revenue 2023: $61,808Expenses 2023: $64,683Net Income 2023: -$2,8752023Revenue 2024: $48,034Expenses 2024: $52,944Net Income 2024: -$4,9102024

Highlighted filing

2024

Revenue$48,034
Expenses$52,944
Net Income-$4,910
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$179,664
Liabilities
$0
Net assets
$179,664
Revenue
$48,034
Expenses
$52,944
Net income
-$4,910
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.80$0.00$1.80$0.48$0.53$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.85$0.00$1.85$0.62$0.65$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.87$0.00$1.87$0.95$0.78$0.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 26, 2025
Return Version
2024v5.2
Gross Receipts
$48,034
Mission and Program Overview

Mission

Panacetacea conducts marine research on whales and dolphins in Panamanian waters. Results from our data is made available to the public and government agencies to inform conservation measures.

Program Services

DescriptionGrantsExpenses
Southern Humpback Whale Monitoring Project, Gulf of Chiriqui, Panama: In 2024 we conducted 25 surveys between 29 July and 29 August and covered 1,914km. We sighted 120 groups of humpback whales, for a total of 234 individuals, including 61 calves. We obtained 86 identification photographs of humpback whales, representing 83 individuals. We collected 116 humpback whale tissue samples to be used for genetic and hormone analysis. We also dedicated 7 days to Bryde's whales and made 6 Bryde's whale sightings and collected 1 Bryde's whale tissue sample. We conducted two community outreach talks to educate local naturalists and captains about best practices for whale watching, and one talk to a local community to educate them on marine conservation issues. The team included two biologists from the US, one from Mexico, one from Panama, and two student interns from the US.$0$31,459
Marine Mammal Tagging Project, Gulf of Chiriqui, Panama: In 2024 we initiated our tagging program using CATS (Customised Animal Tracking Solutions) tags. All necessary equipment was purchased, and protocols were established. In August 2024 we successfully attached a tag to a mother humpback whale for 2.5 hours. We also attempted to attach a tag to a Bryde's whale but were unsuccessful. In 2024 we also purchased equipment for Low Impact Minimally Percutaneous Electronic Transmitter (LIMPET) tags, although no field work with these tags was conducted.$0$19,335
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kristin RasmussenPresidentPT$0--
Laura May-ColladoSecretary/Treasurer-$0--
Matthew LeslieVice PresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Panacetacea
EIN
27-2514795
Phone
3604814616
Address
1554 Delaware Avenue, Saint Paul, MN 55118-3850

Signing Officer

Name
Kristin Rasmussen
Title
President
Phone
3604814616
Signed
2025-09-26
Discuss with paid preparer
Yes

Preparer

Firm
Baker Tilly Advisory Group LP
Address
225 S 6th St 2300, Minneapolis, MN 55402
Preparer
Karen A Gries
Phone
6128764500
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 4 - Other Investment Income

“Description: FIDELITY BROKERAGE SERVICES LLC. Amount: 3,024.”

Form 990-EZ, Part I, Line 16 - Other Expenses

“Description: Operating Expenses. Amount: 2,150.”

Raw XML Appendix150 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Matthew Leslie
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary/Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
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IRS990EZ/PrimaryExemptPurposeTxt0Panacetacea conducts marine research on whales and dolphins in Panamanian waters. Results from our data is made available to the public and government agencies to inform conservation measures.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Southern Humpback Whale Monitoring Project, Gulf of Chiriqui, Panama: In 2024 we conducted 25 surveys between 29 July and 29 August and covered 1,914km. We sighted 120 groups of humpback whales, for a total of 234 individuals, including 61 calves. We obtained 86 identification photographs of humpback whales, representing 83 individuals. We collected 116 humpback whale tissue samples to be used for genetic and hormone analysis. We also dedicated 7 days to Bryde's whales and made 6 Bryde's whale sightings and collected 1 Bryde's whale tissue sample. We conducted two community outreach talks to educate local naturalists and captains about best practices for whale watching, and one talk to a local community to educate them on marine conservation issues. The team included two biologists from the US, one from Mexico, one from Panama, and two student interns from the US.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Marine Mammal Tagging Project, Gulf of Chiriqui, Panama: In 2024 we initiated our tagging program using CATS (Customised Animal Tracking Solutions) tags. All necessary equipment was purchased, and protocols were established. In August 2024 we successfully attached a tag to a mother humpback whale for 2.5 hours. We also attempted to attach a tag to a Bryde's whale but were unsuccessful. In 2024 we also purchased equipment for Low Impact Minimally Percutaneous Electronic Transmitter (LIMPET) tags, although no field work with these tags was conducted.
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0www.panacetacea.org
IRS990ScheduleA/FactsAndCircumstancesTestTxt0The organization is continuing its public charity status by meeting the 10% facts and circumstances test. While support is less than the 33 1/3%, the organization is working to increase public support. Panacetacea has a mission that is attractive to the public and should attract public interest in the organization. The Board is actively working to increase public support. The organization regularly publishes work in public journals which are widely read, shares data with public entities as a way to promote tis accomplishments. These organizations include the Panamanian government and the International Whaling Commission. The organization also participates in conservation efforts with ineternational organizations.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: FIDELITY BROKERAGE SERVICES LLC. Amount: 3,024.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 4 - Other Investment Income
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16 - Other Expenses
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Kristin Rasmussen
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum03604814616
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-26
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ReturnHeader/Filer/EIN0272514795
ReturnHeader/Filer/PhoneNum03604814616
ReturnHeader/Filer/USAddress/AddressLine1Txt01554 Delaware Avenue
ReturnHeader/Filer/USAddress/CityNm0Saint Paul
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd0551183850
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390859910
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Baker Tilly Advisory Group LP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0225 S 6th St 2300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Minneapolis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055402
ReturnHeader/PreparerPersonGrp/PhoneNum06128764500
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Karen A Gries
ReturnHeader/ReturnTs02025-10-20T11:52:39-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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