Civic Intelligence

Gloucester Marine Genomics Institute Incorporated

990 • Fiscal year 2016 • EIN 46-3020006

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 24, 2017

Organization ProfileWWW.GMGI.ORG

View Organization Page

2 Blackburn CenterGloucester, MA 01930

(978) 879-4890

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

25th percentile

0.01x

Higher debt load relative to assets than 25% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

21st percentile

0.01x

Higher debt load relative to revenue than 21% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

96th percentile

76%

Higher net margin than 96% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

70th percentile

$102,762

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

99th percentile

352%

Faster asset growth than 99% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

98th percentile

376%

Faster revenue growth than 98% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets25th percentile

Assets

Up

$2,873,679

Up $2,237,945 (+352%) from 2015

Net Assets

Up

$2,843,645

Up $2,279,463 (+404%) from 2015

Liabilities

Down

$30,034

Down $41,518 (-58%) from 2015

Revenue And Expenses
Liabilities / Revenue21st percentileNet Margin96th percentile

Revenue

Up

$2,823,232

Up $2,229,871 (+376%) from 2015

Expenses

Up

$663,769

Up $376,764 (+131%) from 2015

Net Income

Up

$2,159,463

Up $1,853,107 (+605%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2013: $16,585Liabilities 2013: $15,0002013Assets 2014: $236,363Liabilities 2014: $16,537Net Assets 2014: $219,8262014Assets 2015: $635,734Liabilities 2015: $71,552Net Assets 2015: $564,1822015Assets 2016: $2,873,679Liabilities 2016: $30,034Net Assets 2016: $2,843,6452016Assets 2017: $3,535,470Liabilities 2017: $150,322Net Assets 2017: $3,385,1482017Assets 2018: $6,458,366Liabilities 2018: $406,828Net Assets 2018: $6,051,5382018Assets 2019: $6,702,969Liabilities 2019: $267,496Net Assets 2019: $6,435,4732019Assets 2020: $5,971,628Liabilities 2020: $241,475Net Assets 2020: $5,730,1532020Assets 2021: $6,391,248Liabilities 2021: $263,619Net Assets 2021: $6,127,6292021Assets 2022: $8,833,922Liabilities 2022: $1,937,763Net Assets 2022: $6,896,1592022Assets 2023: $9,194,920Liabilities 2023: $1,906,491Net Assets 2023: $7,288,4292023Assets 2024: $13,172,949Liabilities 2024: $1,867,136Net Assets 2024: $11,305,8132024

Highlighted filing

2016

Assets$2,873,679
Liabilities$30,034
Net Assets$2,843,645
Open 2016 Filing

Operations Trend

Revenue Growth98th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2013: $47,148Expenses 2013: $45,563Net Income 2013: $1,5852013Revenue 2014: $487,020Expenses 2014: $268,779Net Income 2014: $218,2412014Revenue 2015: $593,361Expenses 2015: $287,005Net Income 2015: $306,3562015Revenue 2016: $2,823,232Expenses 2016: $663,769Net Income 2016: $2,159,4632016Revenue 2017: $1,722,911Expenses 2017: $1,181,408Net Income 2017: $541,5032017Revenue 2018: $4,510,020Expenses 2018: $1,843,630Net Income 2018: $2,666,3902018Revenue 2019: $3,132,397Expenses 2019: $2,748,462Net Income 2019: $383,9352019Revenue 2020: $2,200,360Expenses 2020: $2,905,680Net Income 2020: -$705,3202020Revenue 2021: $3,696,624Expenses 2021: $3,299,148Net Income 2021: $397,4762021Revenue 2022: $4,950,560Expenses 2022: $4,182,030Net Income 2022: $768,5302022Revenue 2023: $5,663,713Expenses 2023: $5,271,443Net Income 2023: $392,2702023Revenue 2024: $9,856,858Expenses 2024: $5,839,474Net Income 2024: $4,017,3842024

Highlighted filing

2016

Revenue$2,823,232
Expenses$663,769
Net Income$2,159,463
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 24, 2017
Return Version
2016v3.0
Gross Receipts
$2,873,299
Mission and Program Overview

Mission

Gmgi's mission is to conduct world-class marine biotechnology research which expands the regional economy. In order to accomplish this mission, gmgi is: establishing a marine biotechnology research institute that is powered by genomics; creating a vibrant science learning environment whose core program - gloucester biotechnology academy - trains local high school graduates for careers as professional lab technicians; and promoting conditions that encourage the development of a science community on cape ann.

Gloucester marine genomics institute incorporated (gmgi) was established in 2013. Gmgi's mission is to conduct world-class marine biotechnology research which expands the regional economy. In order to accomplish gmgi's mission, gmgi is performing translational research that connects directly to human health, training recent local high school graduates for jobs as biotech technicians through gloucester biotechnology academy, and promoting conditions that encourage the development of a science community on cape ann.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$40,000$1,510,391▲ $1,470,391
Land, Buildings, and Equipment, Net$0$771,560▲ $771,560
Cash and Non-Interest-Bearing Accounts$187,914$296,514▲ $108,600
Savings and Temporary Cash Investments$300,416$294,062▼ $6,354
Prepaid Expenses and Deferred Charges$880$1,152▲ $272
Total Assets$635,734$2,873,679▲ $2,237,945
Other Assets Total$106,524$0▼ $106,524
Liabilities
Accounts Payable and Accrued Expenses$71,552$30,034▼ $41,518
Total Liabilities$71,552$30,034▼ $41,518
Net Assets / Fund Balance
Unrestricted Net Assets$564,182$2,843,645▲ $2,279,463
Total Net Assets Fund Balance$564,182$2,843,645▲ $2,279,463
Total Liabilities and Net Assets / Fund Balance$635,734$2,873,679▲ $2,237,945

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$538,463$24,182$562,645
Equipment$233,097$9,363$242,460
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Christiane MunkholmExecutive Director/clerkFT$102,762$102,762

Board Members and Trustees

NameTitle
David WaltDirector
Jim BaconDirector
Jose-carlos Gutierrez-ramosDirector
Marc VidalDirector
Michele MayDirector
Tom SimonsDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$2,822,242
Program Service Revenue
$0
Investment Income
$990
Other Revenue
$0
All Other Contributions
$2,782,242
Change in Net Assets
$2,159,463

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$50,053Selling Price
Total Noncash Contributions2$50,053-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,823,232
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$237,551
Total Revenue per Audited Statements
$3,060,783
Total Revenue per Form 990
$2,823,232
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$406,560
Other Expenses$257,209
Total Fundraising Expense$60,315
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$204,239$22,809$26,250$253,298
Current Officers, Directors, Trustees, and Key Employees$82,210$10,276$10,276$102,762
Occupancy$37,542$4,336$4,787$46,665
All Other Expenses$20,822$18,409$502$39,733
Depreciation Depletion$28,817$2,247$2,481$33,545
Payroll Taxes$23,513$2,716$2,998$29,227
Other Employee Benefits$17,114$1,977$2,182$21,273
Fees for Services Other$5,806$1,905$9,653$17,364
Fees for Services Accounting-$8,500-$8,500
Other Expenses$5,205$2,021$1,155$8,381
Travel$5,322$2,440$31$7,793
Office Expenses$774$5,769-$6,543
Insurance-$3,740-$3,740
Total Functional Expenses$512,735$90,719$60,315$663,769

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$781,320
Expenses per Audited Statements$663,769
Total Expenses per Form 990$663,769
Expenses Not Reported on Form 990$117,551
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Two members of the board of directors are in a family relationship.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is provided electronically to each board member for their review.”

Form 990, Part VI, Section B, Line 12C

“Gmgi requires members of the board to annually sign the conflict of interest policy”

Form 990, Part VI, Section B, Line 15

“A board committee was assigned to review outside comparability data, including salary surveys to determine the compensation”

Form 990, Part VI, Section C, Line 19

“Gmgi's principal governing documents including the articles of incorporation and by-laws are filed with the massachusetts secretary of state and therefore are available to the public. Gmgi's financial statements are available to the public on the massachusetts attorney general website.”

Filing and Contact Details

Filer

Filer Name
Gloucester Marine Genomics Institute
EIN
46-3020006
Phone
9788794890
Address
2 BLACKBURN CENTER, GLOUCESTER, MA 01930

Signing Officer

Name
Christiane Munkholm
Title
Executive Director and Clerk
Phone
9788794890
Signed
2017-07-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christiane Munkholm
Formed
2013
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
7
Employees
6
Volunteers
59

Preparer

Firm
Provanzano & Marchesiani Pc
Address
607 NORTH AVE STE F, WAKEFIELD, MA 01880-1635
Preparer
John P Mitchell
Phone
7812451100
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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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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0204239
IRS990/OtherSalariesAndWagesGrp/TotalAmt0253298
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02998
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02716
IRS990/PayrollTaxesGrp/ProgramServicesAmt023513
IRS990/PayrollTaxesGrp/TotalAmt029227
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt040000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01510391
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0880
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01152
IRS990/PrincipalOfficerNm0CHRISTIANE MUNKHOLM
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0BIOTECHNOLOGY ACADEMY- GMGI HAS LAUNCHED A VIBRANT SCIENCE LEARNING ENVIRONMENT, WITH GLOUCESTER BIOTECHNOLOGY ACADEMY (THE ACADEMY) AS THE PROGRAM'S CORE. THE ACADEMY IS FOCUSED ON TRAINING LOCAL HIGH SCHOOL GRADUATES FOR JOBS AS BIOTECH LAB TECHNICIANS THROUGH WORKFORCE TRAINING AND PAID INTERNSHIPS. IN PREPARATION FOR THEIR INTERNSHIPS STUDENTS SPEND TWO SEMESTERS IN THE ACADEMY'S STATE-OF-THE-ART LAB LEARNING ENVIRONMENT, STUDYING A PROPRIETARY CURRICULUM DEVELOPED BY THE ACADEMY'S LEADERSHIP.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0307202
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0592818
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0543
IRS990/PYOtherExpensesAmt0100657
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0306356
IRS990/PYSalariesCompEmpBnftPaidAmt0186348
IRS990/PYTotalExpensesAmt0287005
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0593361
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02159463
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0300416
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0294062
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE NON PROFIT ORGANIZATION WAS FORMED IN JUNE 2013.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, SHORT YEAR EXPLANATION
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02822242
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0592818
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0487020
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt047148
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03949228
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt03949228
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02822242
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0592818
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0487020
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt047148
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03949228
IRS990ScheduleA/TotalSupportAmt03949228
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0237551
IRS990ScheduleD/DonatedServicesUseFcltsAmt0117551
IRS990ScheduleD/EquipmentGrp/BookValueAmt0233097
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09363
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0242460
IRS990ScheduleD/ExpensesNotReportedAmt0117551
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0663769
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0538463
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt024182
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0562645
IRS990ScheduleD/RevenueNotReportedAmt0237551
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02823232
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0771560
IRS990ScheduleD/TotalExpensesPerForm990Amt0663769
IRS990ScheduleD/TotalRevenuePerForm990Amt02823232
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03060783
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0781320
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt02
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0SELLING PRICE
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt050053
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TWO MEMBERS OF THE BOARD OF DIRECTORS ARE IN A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PROVIDED ELECTRONICALLY TO EACH BOARD MEMBER FOR THEIR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GMGI REQUIRES MEMBERS OF THE BOARD TO ANNUALLY SIGN THE CONFLICT OF INTEREST POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A BOARD COMMITTEE WAS ASSIGNED TO REVIEW OUTSIDE COMPARABILITY DATA, INCLUDING SALARY SURVEYS TO DETERMINE THE COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GMGI'S PRINCIPAL GOVERNING DOCUMENTS INCLUDING THE ARTICLES OF INCORPORATION AND BY-LAWS ARE FILED WITH THE MASSACHUSETTS SECRETARY OF STATE AND THEREFORE ARE AVAILABLE TO THE PUBLIC. GMGI'S FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE MASSACHUSETTS ATTORNEY GENERAL WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0635734
IRS990/TotalAssetsEOYAmt02873679
IRS990/TotalAssetsGrp/BOYAmt0635734
IRS990/TotalAssetsGrp/EOYAmt02873679
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02822242
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt060315
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt090719
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0512735
IRS990/TotalFunctionalExpensesGrp/TotalAmt0663769
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt071552
IRS990/TotalLiabilitiesEOYAmt030034
IRS990/TotalLiabilitiesGrp/BOYAmt071552
IRS990/TotalLiabilitiesGrp/EOYAmt030034
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0564182
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02843645
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0512735
IRS990/TotalReportableCompFromOrgAmt0102762
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0990
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02823232
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt059
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0635734
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02873679
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt031
IRS990/TravelGrp/ManagementAndGeneralAmt02440
IRS990/TravelGrp/ProgramServicesAmt05322
IRS990/TravelGrp/TotalAmt07793
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0564182
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02843645
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02 BLACKBURN CENTER
IRS990/USAddress/CityNm0GLOUCESTER
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001930
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.GMGI.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISTIANE MUNKHOLM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR AND CLERK
ReturnHeader/BusinessOfficerGrp/PhoneNum09788794890
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-07-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLOUCESTER MARINE GENOMICS INSTITUTE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INCORPORATED
ReturnHeader/Filer/BusinessNameControlTxt0GLOU
ReturnHeader/Filer/EIN0463020006

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,873,679
Liabilities
$30,034
Net assets
$2,843,645
Revenue
$2,823,232
Expenses
$663,769
Net income
$2,159,463
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.2$1.87$11.3$9.86$5.84$4.02
2023Detailed filing. Detailed filing data is available for this year.$9.19$1.91$7.29$5.66$5.27$0.39
2022Detailed filing. Detailed filing data is available for this year.$8.83$1.94$6.90$4.95$4.18$0.77
2021Detailed filing. Detailed filing data is available for this year.$6.39$0.26$6.13$3.70$3.30$0.40
2020Detailed filing. Detailed filing data is available for this year.$5.97$0.24$5.73$2.20$2.91$0.71
2019Detailed filing. Detailed filing data is available for this year.$6.70$0.27$6.44$3.13$2.75$0.38
2018Detailed filing. Detailed filing data is available for this year.$6.46$0.41$6.05$4.51$1.84$2.67
2017Detailed filing. Detailed filing data is available for this year.$3.54$0.15$3.39$1.72$1.18$0.54
2016Detailed filing. Detailed filing data is available for this year.$2.87$0.03$2.84$2.82$0.66$2.16
2015Summary only. Only limited summary data is available for this year.$0.64$0.07$0.56$0.59$0.29$0.31
2014Summary only. Only limited summary data is available for this year.$0.24$0.02$0.22$0.49$0.27$0.22
2013Summary only. Only limited summary data is available for this year.$0.02$0.02$0.05$0.05$0.00