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EIN 83-0488383

Ocean Exploration Trust

IRS 501(c) type
501(c)(3)
Num. employees
18
City
New London
State
Connecticut
Year formed
2007
Most recent tax filings
2023-12-01
NTEE code, primary
C05: Environment Research Institutes and Public Policy Analysis
Description
The Ocean Exploration Trust advances the emerging fields of ocean exploration and archaeological oceanography through co-sponsoring and supporting deep sea expeditions, as well as supporting the development of advanced technology required by deep sea expeditions to further public interest. In 2021, OET completed an impressive 5-month field season with the E/V Nautilus, consisting of 11 expeditions in the Pacific for a total of 133 operational days at sea. The E/V Nautilus began its 2021 field season with a shakedown expedition off the coast of San Pedro, California.
Total revenues
$14,982,503
2023
Total expenses
$15,503,963
2023
Total assets
$10,744,251
2023
Num. employees
18
2023

Who funds Ocean Exploration Trust

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Ocean Mokum FoundationTo Support Various Projects$4,000,000
Philip Stephenson FoundationOcean Exploration$100,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$50,350
...and 2 more grants received

Personnel at Ocean Exploration Trust

NameTitleCompensation
Robert D. BallardPresident$579,716
Allison FundisChief Operating Officer$379,091
Denise H ArmstrongChief Financial Officer and Treasurer$408,882
Daniel WagnerChief Scientist$156,856
Matt KoskelaDirector of Data Engineering
...and 15 more key personnel

Financials for Ocean Exploration Trust

RevenuesFYE 12/2023
Total grants, contributions, etc.$12,647,875
Program services$2,266,315
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$68,313
Total revenues$14,982,503

Form 990s for Ocean Exploration Trust

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-11-07990View PDF
2021-122022-09-08990View PDF
2020-122021-07-21990View PDF
2019-122020-10-21990View PDF
...and 11 more Form 990s
Data update history
January 8, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 5, 2025
Updated personnel
Identified 2 new personnel
January 3, 2025
Used new vendors
Identified 3 new vendors, including , , and
October 18, 2024
Updated personnel
Identified 1 new personnel
July 9, 2024
Received grants
Identified 1 new grant, including a grant for $100,000 from Philip Stephenson Foundation
Nonprofit Types
Social advocacy organizationsEnvironmental organizationsCharities
Issues
Science and technologyEnvironmentPublic policy
Characteristics
Conducts researchLobbyingOperates internationallyReceives government fundingTax deductible donationsAccepts online donations
General information
Address
613 Williams St
New London, CT 06320
Metro area
Norwich-New London, CT
County
Southeastern Connecticut Planning Region, CT
Website URL
nautiluslive.org/about/board 
Phone
(860) 574-9079
Facebook page
nautiluslive 
Twitter profile
@evnautilus 
IRS details
EIN
83-0488383
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
C05: Environment Research Institutes and Public Policy Analysis
NAICS code, primary
813312: Environment, Conservation, and Wildlife Organizations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - In Process
FTB status revoked
Not revoked
AG Registration Number
CT0285180
FTB Entity ID
4075448
AB 488 data last updated ("as-of") date
2025-01-15
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