EIN 20-3274586

Waitt Institute

IRS 501(c) type
501(c)(3)
Num. employees
13
Year formed
2006
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Waitt Institute is a private foundation that conducts work related to sustainable ocean programs in eight countries in 2019: Antigua and Barbuda, Azores. The Waitt Institute is located in North Sioux City, SD.
Total revenues
$6,837,596
2022
Total expenses
$6,601,073
2022
Total assets
$1,761,258
2022
Num. employees
13
2022

Program areas at Waitt Institute

The Waitt Institute conducted work related to sustainable ocean programs in nine countries in 2022: azores, antigua and barbuda, bermuda, federated states of micronesia, fiji, maldives, seychelles, tonga, and samoa. These jointly-funded programs provided financial and technical support to our government partners, who additionally provide in-kind support to achieve joint program goals as outlined in our mous with each government.azores: we supported an island-wide stakeholder survey of ocean uses to inform the marine spatial plan and protected areas. We worked with the government and local team to begin drafting the legal framework and continued to build capacity by hiring local staff to support the work. Antigua and barbuda: we continued to support capacity building for barbudango, a local ngo that works on a variety of environmental issues throughout barbuda.
Bermuda: we released the draft blue prosperity plan which included a marine spatial plan that protects 20% of bermuda's waters. We advanced the blue investment facility concept to support blue economy projects and sustainable ocean finance. We supported extensive community engagement through town halls, happy hours, digital campaigns, and pop-up events. Federated states of micronesia: we supported final drafting of the marine spatial planning bill, which was submitted to congress. We also completed an ocean use survey in the state of kosrae. We continued to support the micronesia conservation trust in their marine spatial planning work and local engagement. Fiji: we worked with our government partners to develop a 5-year program of work and began hiring a local team to support the program. We supported drafting of a legal assessment and options memo for marine spatial planning legislation.
Fiji (cont. ): we began work on a fisheries characterization and supported a three-day technical workshop that covered various aspects of marine spatial planning science and engagement. Maldives: we launched and completed a comprehensive, atoll-wide ocean use survey to inform the marine spatial plan and protected areas. We provided technical support for final drafting of a marine spatial planning bill and translation into local dhivehi. We completed spatial modeling for offshore marine protected areas and supported an analysis of seafood markets opportunities.samoa: we launched and completed a scientific expedition with local partners that gathered data on the nearshore. We worked with local partners to develop a communications strategy, logo, and website for the program. We supported development of a legal memo that outlined current msp legislation and potential paths forward to achieve program goals. We also completed the second round of consultations on the draft msp.

Who funds Waitt Institute

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Waitt FoundationOcean Conservation$4,000,000
American Endowment FoundationEnvironmental$2,500,000

Personnel at Waitt Institute

NameTitleCompensation
Kathryn MengerinkExecutive Director$208,893
John WeberMSP Program Director$145,336
Mike DessnerDirector of Special / Director of Operatio$142,106
Ute ZischkaSenior Director of P / Program Manager$140,746
Tamara MarshallOperations Manager$141,564
...and 3 more key personnel

Financials for Waitt Institute

RevenuesFYE 12/2022
Total grants, contributions, etc.$6,824,425
Investment income and dividends$13,646
Net rental income$0
Net gain from sale of non-inventory assets$-475
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$6,837,596

Form 990s for Waitt Institute

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990PFView PDF
2021-122022-11-14990PFView PDF
2020-122021-11-09990PFView PDF
2019-122021-06-15990PFView PDF
2018-122020-01-23990PFView PDF
...and 7 more Form 990s

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James MuseumSt Petersburg, FL$5,422,743
Historic BostonBoston, MA$2,471,704
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Leigh Yawkey Woodson Art MuseumWausau, WI$4,905,947
De Pere Cultural FoundationDe Pere, WI$8,196,776
The Liberty Aviation MuseumPort Clinton, OH$3,541,581
Data update history
January 21, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 14, 2024
Updated personnel
Identified 2 new personnel
January 2, 2024
Received grants
Identified 2 new grant, including a grant for $4,000,000 from Waitt Foundation
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 28, 2023
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Private foundationsPrivate operating foundationsCharities
Issues
Arts, cultural, and humanitiesPublic policy
Characteristics
Partially liquidatedState / local levelTax deductible donationsAccepts online donations
General information
Address
PO Box 559
North Sioux City, SD 57049
Metro area
Sioux City, IA-NE-SD
County
Union County, SD
Website URL
waittinstitute.org/ 
Phone
(605) 232-9929
IRS details
EIN
20-3274586
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2006
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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