Civic Intelligence

Institute for Marine Mammal Studies Inc

EIN 64-0706659 • 501(c)3 • Gulfport, MS

Profile

Education, research, conservation, and public display of marine animals and their environment.

10801 Dolphin LaneGulfport, MS 39503

www.imms.org

Siviq Scores

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

Liabilities / Assets

28th percentile

0.04x

Higher debt load relative to assets than 28% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

48th percentile

0.20x

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

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

6th percentile

-45%

Higher net margin than 6% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

57th percentile

$208,717

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

13th percentile

-8.4%

Faster asset growth than 13% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

10th percentile

-26%

Faster revenue growth than 10% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$17,465,444

Down $1,605,884 (-8.4%) from 2023

Liabilities

Down

$701,316

Down $86,669 (-11%) from 2023

Net Assets

Down

$16,764,128

Down $1,519,215 (-8.3%) from 2023

Revenue

Down

$3,422,944

Down $1,173,449 (-26%) from 2023

Expenses

Up

$4,978,716

Up $262,436 (+5.6%) from 2023

Net Income

Down

-$1,555,772

Down $1,435,885 (-1198%) from 2023

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $9,990,859Liabilities 2011: $380,793Net Assets 2011: $9,610,0762011Assets 2012: $14,857,978Liabilities 2012: $3,897,592Net Assets 2012: $10,960,3862012Assets 2013: $14,573,865Liabilities 2013: $3,388,515Net Assets 2013: $11,185,3502013Assets 2014: $16,467,130Liabilities 2014: $7,356,859Net Assets 2014: $9,110,2712014Assets 2015: $16,442,887Liabilities 2015: $7,324,756Net Assets 2015: $9,118,1312015Assets 2016: $22,414,741Liabilities 2016: $8,380,540Net Assets 2016: $14,034,2012016Assets 2017: $23,992,533Liabilities 2017: $2,318,415Net Assets 2017: $21,674,1182017Assets 2018: $21,402,987Liabilities 2018: $248,742Net Assets 2018: $21,154,2452018Assets 2019: $20,373,964Liabilities 2019: $248,177Net Assets 2019: $20,125,7872019Assets 2020: $19,968,518Liabilities 2020: $737,102Net Assets 2020: $19,231,4162020Assets 2021: $19,761,965Liabilities 2021: $742,350Net Assets 2021: $19,019,6152021Assets 2022: $18,991,140Liabilities 2022: $807,231Net Assets 2022: $18,183,9092022Assets 2023: $19,071,328Liabilities 2023: $787,985Net Assets 2023: $18,283,3432023Assets 2024: $17,465,444Liabilities 2024: $701,316Net Assets 2024: $16,764,1282024

Highlighted filing

2024

Assets$17,465,444
Liabilities$701,316
Net Assets$16,764,128

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $4,934,709Expenses 2011: $3,038,739Net Income 2011: $1,895,9702011Revenue 2012: $4,999,698Expenses 2012: $3,649,388Net Income 2012: $1,350,3102012Expenses 2013: $3,262,9752013Revenue 2014: $2,257,962Expenses 2014: $2,935,610Net Income 2014: -$677,6482014Revenue 2015: $2,640,945Expenses 2015: $2,633,085Net Income 2015: $7,8602015Revenue 2016: $7,573,971Expenses 2016: $2,657,901Net Income 2016: $4,916,0702016Revenue 2017: $10,607,293Expenses 2017: $2,967,376Net Income 2017: $7,639,9172017Revenue 2018: $3,883,577Expenses 2018: $4,403,450Net Income 2018: -$519,8732018Revenue 2019: $3,247,224Expenses 2019: $4,275,682Net Income 2019: -$1,028,4582019Revenue 2020: $3,067,811Expenses 2020: $3,984,134Net Income 2020: -$916,3232020Revenue 2021: $3,749,740Expenses 2021: $4,035,806Net Income 2021: -$286,0662021Revenue 2022: $3,709,516Expenses 2022: $4,559,046Net Income 2022: -$849,5302022Revenue 2023: $4,596,393Expenses 2023: $4,716,280Net Income 2023: -$119,8872023Revenue 2024: $3,422,944Expenses 2024: $4,978,716Net Income 2024: -$1,555,7722024

Highlighted filing

2024

Revenue$3,422,944
Expenses$4,978,716
Net Income-$1,555,772

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$17.5$0.70$16.8$3.42$4.98$1.56
2023Detailed filing. Detailed filing data is available for this year.$19.1$0.79$18.3$4.60$4.72$0.12
2022Detailed filing. Detailed filing data is available for this year.$19.0$0.81$18.2$3.71$4.56$0.85
2021Detailed filing. Detailed filing data is available for this year.$19.8$0.74$19.0$3.75$4.04$0.29
2020Detailed filing. Detailed filing data is available for this year.$20.0$0.74$19.2$3.07$3.98$0.92
2019Detailed filing. Detailed filing data is available for this year.$20.4$0.25$20.1$3.25$4.28$1.03
2018Detailed filing. Detailed filing data is available for this year.$21.4$0.25$21.2$3.88$4.40$0.52
2017Detailed filing. Detailed filing data is available for this year.$24.0$2.32$21.7$10.6$2.97$7.64
2016Detailed filing. Detailed filing data is available for this year.$22.4$8.38$14.0$7.57$2.66$4.92
2015Detailed filing. Detailed filing data is available for this year.$16.4$7.32$9.12$2.64$2.63$0.01
2014Detailed filing. Detailed filing data is available for this year.$16.5$7.36$9.11$2.26$2.94$0.68
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.6$3.39$11.2$3.26
2012Summary only. Only limited summary data is available for this year.$14.9$3.90$11.0$5.00$3.65$1.35
2011Summary only. Only limited summary data is available for this year.$9.99$0.38$9.61$4.93$3.04$1.90
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2023 to Jul 31, 2024
Signed
Jun 12, 2025
Return Version
2023v6.0
Gross Receipts
$3,518,669
Mission and Program Overview

Mission

Education, research, conservation, and public display of marine animals and their environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$16,112,236$15,345,327▼ $766,909
Savings and Temporary Cash Investments$511,685$912,984▲ $401,299
Pledges and Grants Receivable$508,554$539,687▲ $31,133
Cash and Non-Interest-Bearing Accounts$1,383,048$379,794▼ $1,003,254
Accounts Receivable$423,339$138,172▼ $285,167
Prepaid Expenses and Deferred Charges$85,130$91,606▲ $6,476
Inventories for Sale or Use$47,336$50,374▲ $3,038
Loans From Officers Directors$34,834$32,604▼ $2,230
Total Assets$19,071,328$17,465,444▼ $1,605,884
Other Assets Total$0$7,500▲ $7,500
Liabilities
Other Liabilities$519,251$515,909▼ $3,342
Accounts Payable and Accrued Expenses$233,900$152,803▼ $81,097
Total Liabilities$787,985$701,316▼ $86,669
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$18,283,343$16,764,128▼ $1,519,215
Total Net Assets Fund Balance$18,283,343$16,764,128▼ $1,519,215
Total Liabilities and Net Assets / Fund Balance$19,071,328$17,465,444▼ $1,605,884

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,855,775$6,907,108-
Other Land Buildings$533,265$1,597,985-
Land$1,688,909--
Equipment$222,348$710,021-
Leasehold Improvements$45,030$200,616-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dr Mobashir Moby a SolangiPresident and CEOFT$208,717$208,717
Samia S AhmadVice President and CFOFT$130,899$130,899
Luqman AhmadDirector of OperationsFT$119,795$119,795

Board Members and Trustees

NameTitle
Dr Delphine ShannonDirector
Dr Joseph AlexanderDirector
Ellie RocheDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,545,549
Program Service Revenue
$1,441,535
Investment Income
$44,999
Other Revenue
$390,861
All Other Contributions
$145,708
Change in Net Assets
$-1,555,772

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,422,944
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,422,944
Total Revenue per Form 990
$3,422,944
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,626,332
Salaries, Compensation, and Employee Benefits$2,352,384
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,231,977$513,013-$1,744,990
Depreciation Depletion$627,757$294,686-$922,443
Current Officers, Directors, Trustees, and Key Employees$269,224$54,778-$324,002
Occupancy$123,890$125,309-$249,199
Payroll Taxes$119,779$46,618-$166,397
Insurance$45,756$108,247-$154,003
All Other Expenses$59,655$72,302-$131,957
Comp Disqual Persons$82,423$34,572-$116,995
Fees for Services Other$50,761$14,318-$65,079
Fees for Services Lobbying$45,521$19,479-$65,000
Other Expenses$39,548$16,491-$56,039
Fees for Services Accounting-$24,000-$24,000
Interest-$14,236-$14,236
Travel$7,859$4,402-$12,261
Conferences and Meetings$755$83-$838
Total Functional Expenses$3,297,230$1,681,486$0$4,978,716

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,978,716
Total Expenses per Audited Statements$4,978,716
Total Expenses per Form 990$4,978,716
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Yes
Subject to proxy tax
No

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$65,000
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$34,834$32,604▼ $2,230
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Economic Injury Disaster Loan$500,000
Unearned Revenue$15,909
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
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

Mobashir solangi, president, and samia ahmad, vice president, are father and daughter.

Form 990, Part VI, Section A, Line 7A

Only the president and vice president have the authority to approve new board members or remove board members.

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

Form 990 is reviewed at board of directors meeting.

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

Conflict of interest policy is covered during board meetings.

Form 990, Part VI, Section B, Line 15

Review of the compensation of the organization's ceo, executive director, or top management is reviewed and approved during board meetings.

Form 990, Part VI, Section C, Line 19

Governing documents are made available to the public upon request.

Part VI, Section A, Line 1A

Only 2 members, the president and vice president, have authority to vote on the addition or removal of board members. All board members have voting authority in all other matters.

Filing and Contact Details

Filer

Filer Name
Institute for Marine Mammal Studies Inc
EIN
64-0706659
Phone
2288969182
Address
10801 DOLPHIN LANE, GULFPORT, MS 39503

Signing Officer

Name
Samia Ahmad
Title
Vice President/CFO
Phone
2288969182
Signed
2025-06-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Samia Ahmad
Formed
1984
Legal Domicile
Ms
Voting Board Members
5
Independent Board Members
3
Employees
127
Volunteers
55

Preparer

Firm
Alexander Van Loon Sloan Levens & Favre
Address
9490 THREE RIVERS ROAD, GULFPORT, MS 39503
Preparer
Kim Marmalich CPA
Phone
2288630411
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The institute is a not-for-profit organization that is exempt from income taxes under section 501(c)(3) of the internal revenue code (irc) and comparable state law, and contributions to the institute are tax deductible within the limitations prescribed by the irc. The institute applies the accounting requirements associated with uncertainty in income taxes using the provision of financial accounting standards board (fasb) asc 740, income taxes. Using that guidance, tax positions initially need to be recognized in the financial statements when it is more-likely-than-not the positions will be sustained upon examination by the tax authorities. It also provides guidance for derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. As of july 31, 2024, the institute has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements.

Raw XML AppendixShowing 400 of 542 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/Desc0EDUCATION, CONSERVATION, AND RESEARCH IN A MARINE ENVIRONMENT RELATIVE TO THE STUDY OF MARINE ANIMALS. PROVIDES STUDIES TO THE FEDERAL AND STATE GOVERNMENTS AND PUBLIC AND PRIVATE INSTITUTIONS RELATED TO MARINE ANIMALS, HABITATS, COASTAL ECO SYSTEMS, POTENETIAL IMPACT TO HUMANS, RELIEF FOR STRANDED DOLPHINS AND SEA TURTLES. PROVIDES TRAINING & EDUCATION FOR UNIVERSITY LEVEL STUDENTS, ASSISTS WITH UNIVERSITY RESEARCH PROGRAMS. PROVIDES EDUCATIONAL EXPERIENCES TO THE GENERAL PUBLIC.
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IRS990/MissionDesc0EDUCATION, RESEARCH, CONSERVATION, AND PUBLIC DISPLAY OF MARINE ANIMALS AND THEIR ENVIRONMENT.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2ANIMAL EXPENSE
IRS990/OtherExpensesGrp/Desc3EDUCATION MATERIALS
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IRS990/ProgramServiceRevenueGrp/Desc1INTERACTION
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IRS990/ReportLandBuildingEquipmentInd01
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IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MANAGEMENT DETERMINED THAT THE INSTITUTE MORE ACCURATELY FITS INTO THE CATEGORY DESCRIBED BY BOX 10, SINCE REVENUES HAVE SHIFTED FROM BEING MORE GRANT DRIVEN TO MORE SERVICES/ADMISSIONS/INTERACTIONS DRIVEN. THUS, PART III OF SCHEDULE A IS COMPLETED FOR THE CURRENT YEAR, WHERE PREVIOUSLY PART II HAS BEEN COMPLETED.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART I, LINE 10
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0811053
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0807297
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0863
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01666508
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt010992538
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt044999
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0232860
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0232860
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0232860
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03064396
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02473805
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02855128
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IRS990/ScheduleBRequiredInd01
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IRS990ScheduleC/PoliticalExpendituresAmt065000
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0CONSULTING EXPENSES PAID TO A LOBBYIST.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I-A, LINE 1:
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IRS990ScheduleC/TotalLobbyingExpendGrp/FilingOrganizationsTotalAmt065000
IRS990ScheduleC/TotLbbyExpendMnsLbbyngNonTxGrp/FilingOrganizationsTotalAmt00
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IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0533265
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNEARNED REVENUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ECONOMIC INJURY DISASTER LOAN
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INSTITUTE IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND COMPARABLE STATE LAW, AND CONTRIBUTIONS TO THE INSTITUTE ARE TAX DEDUCTIBLE WITHIN THE LIMITATIONS PRESCRIBED BY THE IRC. THE INSTITUTE APPLIES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISION OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. AS OF JULY 31, 2024, THE INSTITUTE HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:

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