Civic Intelligence

Gloucester Marine Genomics Institute Incorporated

990 • Fiscal year 2017 • EIN 46-3020006

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 22, 2018

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

39th percentile

0.04x

Higher debt load relative to assets than 39% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

48th percentile

0.09x

Higher debt load relative to revenue than 48% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

85th percentile

31%

Higher net margin than 85% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

73rd percentile

$109,745

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

82nd percentile

23%

Faster asset growth than 82% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

6th percentile

-39%

Faster revenue growth than 6% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets39th percentile

Assets

Up

$3,535,470

Up $661,791 (+23%) from 2016

Net Assets

Up

$3,385,148

Up $541,503 (+19%) from 2016

Liabilities

Up

$150,322

Up $120,288 (+401%) from 2016

Revenue And Expenses
Liabilities / Revenue48th percentileNet Margin85th percentile

Revenue

Down

$1,722,911

Down $1,100,321 (-39%) from 2016

Expenses

Up

$1,181,408

Up $517,639 (+78%) from 2016

Net Income

Down

$541,503

Down $1,617,960 (-75%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth82nd 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

2017

Assets$3,535,470
Liabilities$150,322
Net Assets$3,385,148
Open 2017 Filing

Operations Trend

Revenue Growth6th 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

2017

Revenue$1,722,911
Expenses$1,181,408
Net Income$541,503
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 22, 2018
Return Version
2017v2.2
Gross Receipts
$1,722,911
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 (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 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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$1,510,391$1,418,406▼ $91,985
Land, Buildings, and Equipment, Net$771,560$1,072,580▲ $301,020
Savings and Temporary Cash Investments$294,062$432,869▲ $138,807
Cash and Non-Interest-Bearing Accounts$296,514$80,619▼ $215,895
Prepaid Expenses and Deferred Charges$1,152$79,290▲ $78,138
Total Assets$2,873,679$3,535,470▲ $661,791
Other Assets Total$0$451,706▲ $451,706
Liabilities
Accounts Payable and Accrued Expenses$30,034$150,322▲ $120,288
Total Liabilities$30,034$150,322▲ $120,288
Net Assets / Fund Balance
Unrestricted Net Assets$2,843,645$3,385,148▲ $541,503
Total Net Assets Fund Balance$2,843,645$3,385,148▲ $541,503
Total Liabilities and Net Assets / Fund Balance$2,873,679$3,535,470▲ $661,791

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$582,172$88,068$670,240
Leasehold Improvements$490,408$72,237$562,645
Other Assets Org$451,706--
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Christiane MunkholmChief Operating Officer/clerkFT$109,745$109,745

Board Members and Trustees

NameTitle
Marc VidalBoard Member/president
Bill KaneBoard Member
David WaltBoard Member
Jim BaconBoard Member
Jose-carlos Gutierrez-ramosBoard Member
Tom SimonsBoard Member
Michele MayBoard Member/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,720,918
Program Service Revenue
$0
Investment Income
$1,993
Other Revenue
$0
All Other Contributions
$974,077
Change in Net Assets
$541,503

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
Other Non Cash Contri Table1$184,036Services Provided
Total Noncash Contributions1$184,036-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,722,911
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$95,157
Total Revenue per Audited Statements
$1,818,068
Total Revenue per Form 990
$1,722,911
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$747,971
Other Expenses$433,437
Total Fundraising Expense$196,438
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$350,800$50,637$143,311$544,748
Depreciation Depletion$126,760--$126,760
Current Officers, Directors, Trustees, and Key Employees$54,872$43,898$10,975$109,745
All Other Expenses$40,269$30,084$5,403$75,756
Occupancy$44,791$8,249$4,125$57,165
Payroll Taxes$33,045$7,700$12,567$53,312
Other Employee Benefits$24,895$5,802$9,469$40,166
Other Expenses$13,542$2,073$4,093$19,708
Fees for Services Accounting$2,799$10,450-$13,249
Office Expenses$4,742$6,831$95$11,668
Insurance$100$8,623-$8,723
Fees for Services Other$1,550$829$6,046$8,425
Travel$4,811$901$354$6,066
Total Functional Expenses$797,329$187,641$196,438$1,181,408

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,276,565
Expenses per Audited Statements$1,181,408
Total Expenses per Form 990$1,181,408
Expenses Not Reported on Form 990$95,157
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
Chief Operating Officer & Clerk
Phone
9788794890
Signed
2018-06-22
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
13
Volunteers
59

Preparer

Firm
Provanzano & Marchesiani Pc
Address
333 NORTH AVE STE 4B, WAKEFIELD, MA 01880-2352
Preparer
John P Mitchell
Phone
7812451100
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“There has been no change from the prior year.”

Raw XML AppendixShowing 400 of 428 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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IRS990/ActivityOrMissionDesc0GLOUCESTER MARINE GENOMICS INSTITUTE (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 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.
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IRS990/OtherExpensesGrp/Desc0MINOR EQUIPMENT AND FUR
IRS990/OtherExpensesGrp/Desc1CONTRACT RESEARCH COSTS
IRS990/OtherExpensesGrp/Desc2LAB CONSUMABLES
IRS990/OtherExpensesGrp/Desc3COMPUTER AND INTERNET
IRS990/OtherExpensesGrp/FundraisingAmt04093
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011564
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12073
IRS990/OtherExpensesGrp/ProgramServicesAmt043531
IRS990/OtherExpensesGrp/ProgramServicesAmt130010
IRS990/OtherExpensesGrp/ProgramServicesAmt220812
IRS990/OtherExpensesGrp/ProgramServicesAmt313542
IRS990/OtherExpensesGrp/TotalAmt055095
IRS990/OtherExpensesGrp/TotalAmt130010
IRS990/OtherExpensesGrp/TotalAmt220812
IRS990/OtherExpensesGrp/TotalAmt319708
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0143311
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt050637
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0350800
IRS990/OtherSalariesAndWagesGrp/TotalAmt0544748
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt012567
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07700
IRS990/PayrollTaxesGrp/ProgramServicesAmt033045
IRS990/PayrollTaxesGrp/TotalAmt053312
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01510391
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01418406
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01152
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt079290
IRS990/PrincipalOfficerNm0CHRISTIANE MUNKHOLM
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0BIOTECHNOLOGY ACADEMY- GMGI HAS CREATED A VIBRANT SCIENCE LEARNING ENVIRONMENT, WITH GLOUCESTER BIOTECHNOLOGY ACADEMY AS THE FLAGSHIP PROGRAM. THE ACADEMY TRAINS LOCAL HIGH SCHOOL GRADUATES FOR JOBS AS BIOTECH LAB TECHNICIANS THROUGH A LAB-IMMERSION CURRICULUM AT OUR STATE-OF-THE-ART TRAINING FACILITY AND PAID INTERNSHIPS AT LOCAL BIOTECH FIRMS. THE ACADEMY IS SET TO OFFER EDUCATIONAL PROGRAMS AND SUMMER SCIENCE CAMPS FOR MIDDLE AND HIGH SCHOOL STUDENTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0332015
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02822242
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0990
IRS990/PYOtherExpensesAmt0257209
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt02159463
IRS990/PYSalariesCompEmpBnftPaidAmt0406560
IRS990/PYTotalExpensesAmt0663769
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02823232
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0541503
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0294062
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0432869
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01720918
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02822242
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0592818
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0487020
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt047148
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05670146
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt05670146
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01720918
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02822242
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0592818
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0487020
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt047148
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05670146
IRS990ScheduleA/TotalSupportAmt05670146
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt095157
IRS990ScheduleD/DonatedServicesUseFcltsAmt095157
IRS990ScheduleD/EquipmentGrp/BookValueAmt0582172
IRS990ScheduleD/EquipmentGrp/DepreciationAmt088068
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0670240
IRS990ScheduleD/ExpensesNotReportedAmt095157
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01181408
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0490408
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt072237
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0562645
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0451706
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/RevenueNotReportedAmt095157
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01722911
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01072580
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0451706
IRS990ScheduleD/TotalExpensesPerForm990Amt01181408
IRS990ScheduleD/TotalRevenuePerForm990Amt01722911
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01818068
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01276565
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0LEGAL SERVICES
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0SERVICES PROVIDED
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0184036
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
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/ExplanationTxt5THERE HAS BEEN NO CHANGE FROM THE PRIOR YEAR.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02873679
IRS990/TotalAssetsEOYAmt03535470
IRS990/TotalAssetsGrp/BOYAmt02873679
IRS990/TotalAssetsGrp/EOYAmt03535470
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01720918
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0196438
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0187641
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0797329
IRS990/TotalFunctionalExpensesGrp/TotalAmt01181408
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt030034
IRS990/TotalLiabilitiesEOYAmt0150322
IRS990/TotalLiabilitiesGrp/BOYAmt030034
IRS990/TotalLiabilitiesGrp/EOYAmt0150322
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02843645
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03385148
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0797329
IRS990/TotalReportableCompFromOrgAmt0109745
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01993
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01722911
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt059
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02873679
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03535470
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt0354
IRS990/TravelGrp/ManagementAndGeneralAmt0901
IRS990/TravelGrp/ProgramServicesAmt04811
IRS990/TravelGrp/TotalAmt06066
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02843645
IRS990/UnrestrictedNetAssetsGrp/EOYAmt03385148
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/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISTIANE MUNKHOLM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF OPERATING OFFICER & CLERK
ReturnHeader/BusinessOfficerGrp/PhoneNum09788794890
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-06-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLOUCESTER MARINE GENOMICS INSTITUTE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INCORPORATED

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,535,470
Liabilities
$150,322
Net assets
$3,385,148
Revenue
$1,722,911
Expenses
$1,181,408
Net income
$541,503
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