Mote Marine Laboratory
1600 Ken Thompson Pkwy, Sarasota, FL · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $83,003,369 | $44,868,970 | $180,587,996 |
| FY2024 | $80,007,372 | $39,484,284 | $141,971,241 |
| FY2023 | $54,958,764 | $36,250,941 | $103,594,902 |
| FY2022 | $47,804,418 | $31,417,182 | $82,775,984 |
| FY2021 | $43,949,179 | $27,310,456 | $70,706,527 |
| FY2020 | $34,937,768 | $24,546,820 | $50,539,503 |
| FY2019 | $28,057,028 | $22,719,853 | $39,873,773 |
| FY2018 | $20,947,954 | $22,362,455 | $34,492,197 |
| FY2017 | $22,201,070 | $22,091,552 | $35,284,107 |
| FY2016 | $14,331,668 | $15,960,772 | $34,138,238 |
| FY2015 | $26,461,159 | $20,927,659 | $36,360,391 |
| FY2014 | $18,356,888 | $20,593,444 | $32,302,916 |
| FY2013 | $21,282,894 | $19,865,459 | $34,548,061 |
| FY2012 | $17,535,254 | $19,500,111 | $31,620,206 |
Form 990 filings
The returns filed by Mote Marine Laboratory (EIN 59-0756643), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $50,924,146 | 61% |
| Program service revenue | $31,449,335 | 38% |
| Other revenue | $629,888 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $35,277,521 | 79% |
| Management & general | $7,214,566 | 16% |
| Fundraising | $2,376,883 | 5% |
What the numbers show
- Contributions & grants made up 61% of total revenue in FY2025.
- Program services accounted for 79% of functional expenses, management & general 16%, and fundraising 5%.
- 79% of functional expenses went to program services in FY2025.
- Net assets covered about 48.3 months of expenses at the end of the reporting year.
- Total revenue rose from $17,535,254 in FY2012 to $83,003,369 in FY2025. Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 4 of 14 reported years (FY2012, FY2014, FY2016, FY2018).
- Net assets grew from $31,620,206 to $180,587,996 between FY2012 and FY2025.
- Contributions and grants made up 17% of revenue in FY2012 and 61% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
ADVANCING THE SCIENCE OF THE SEA THROUGH RESEARCH, EDUCATION AND OUTREACH.
IRS status
| Ruling year | 1977 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.