Overview

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Est.

2004

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

990 file icon
2024
990 file icon
2023
990 file icon
2022
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AI Summary

OCEAN RESEARCH & CONSERVATION ASSOCIATION INC is a water resources nonprofit focused on studying and protecting marine ecosystems. For filing year 2025, it reported an operating budget of $2.4M and total revenue of $2.9M; among its top funders are THE GREAT ISLAND FOUNDATION, THE SCHMIDT FAMILY FOUNDATION, and INDIAN RIVER COMMUNITY FOUNDATION INC.

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Mission Statement

TO STUDY AND PROTECT MARINE ECOSYSTEMS

Cause Areas

1
Water resources

Board & Team

M
Mary Chapman
Board Member
W
Wayne Mills
Board Member
G
George Jones
Board Member

Financials

2024
Revenues
$2.7M
Expenses
$2.3M
Net Income:
+$378.7K
Assets
$4.2M
Liabilities
$949.4K
Net Assets:
+$3.3M

Financial Trends

2024
Operating Budget
$2.3M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
THE GREAT ISLAND FOUNDATION
New York, NY, US
$3M
48%
THE SCHMIDT FAMILY FOUNDATION
PALO ALTO, CA, US
$1.9M
< 1%
INDIAN RIVER COMMUNITY FOUNDATION INC
VERO BEACH, FL, US
$584.3K
< 1%

Grants Received

2024
Total No. of Grants
32
Median grant size
$10K
Largest grant received
$3M
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  • 59 funders
  • 24 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is OCEAN RESEARCH & CONSERVATION ASSOCIATION INC’s budget?
In 2024, OCEAN RESEARCH & CONSERVATION ASSOCIATION INC reported an annual operating budget of around $2.3 million. More detailed financial information is available to registered users.
What causes does OCEAN RESEARCH & CONSERVATION ASSOCIATION INC support?
OCEAN RESEARCH & CONSERVATION ASSOCIATION INC supports work in Water resources.
Where does OCEAN RESEARCH & CONSERVATION ASSOCIATION INC operate?
OCEAN RESEARCH & CONSERVATION ASSOCIATION INC is headquartered in VERO BEACH, FL.
Who funded OCEAN RESEARCH & CONSERVATION ASSOCIATION INC recently?
In 2025, OCEAN RESEARCH & CONSERVATION ASSOCIATION INC received grants from THE SCOTTS MIRACLE-GRO FOUNDATION, Impact100 Martin Inc, and THE COMMUNITY FOUNDATION - MARTIN / ST LUCIE INC. More information on this organization’s funders is available to registered users.
What is the largest grant OCEAN RESEARCH & CONSERVATION ASSOCIATION INC received in 2024?
The largest grant to OCEAN RESEARCH & CONSERVATION ASSOCIATION INC in 2024 exceeds $3 million.
What is OCEAN RESEARCH & CONSERVATION ASSOCIATION INC’s reliance on government grants?
OCEAN RESEARCH & CONSERVATION ASSOCIATION INC relied on government grants for more than 65% of their total revenue in 2024.