Dolphin Research Center Inc in Grassy Key, Florida (FL)

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Dolphin Research Center Inc
Employer Identification Number (EIN)592072869
Name of OrganizationDolphin Research Center Inc
Address58901 Overseas Hwy, Grassy Key, FL 33050-6019
ActivitiesOther scientific research activities
SubsectionEducational Organization
Ruling Date10/1982
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$5,000,000 to $9,999,999
Income$5,000,000 to $9,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$8,250,261
Amount of Income$8,423,541
Form 990 Revenue Amount$7,881,801
National Taxonomy of Exempt Entities (NTEE)Animal-Related: Alliance/Advocacy Organizations


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Amount of income in 2014: $8,423,541 (it was $6,764,303 in 2013)
Dolphin Research Center Inc: 

 $8,423,541
Other organizations performing similar types of work: 

 $222,739

Assets in 2014: $8,250,261 (it was $6,204,206 in 2013)
This organization: 

 $8,250,261
Other organizations performing similar types of work: 

 $208,171

Expenses in 2014: $5,867,886
Dolphin Research Center Inc: 

 $5,867,886
Other organizations performing similar types of work: 

 $168,564

Income to expenses ratio in 2014: 1.4
This organization: 

 1.4
Other organizations performing similar types of work: 

 1.2

Number of employees in 2014: 140
Dolphin Research Center Inc: 

 140
Other organizations performing similar types of work: 

 5

Employees paid over $100,000 in 2014: 1.4%
This organization: 

 1.4%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2014: 23.1%
Dolphin Research Center Inc: 

 23.1%
Other organizations performing similar types of work: 

 87.9%

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Functional expenses for 2014

Support schedule

Checklist
201220132014
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?YesYesYes
Is the organization required to complete Schedule B, Schedule of Contributors?YesYesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?YesYesYes
Did the organization report an amount for land, buildings, and equipment?YesYesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNoNo
Did the organization report an amount for other liabilities?YesNoNo
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?YesYesYes
Did the organization obtain separate, independent audited financial statements for the tax year?YesYesYes
Was the organization included in consolidated, independent audited financial statements for the tax year?NoNoNo
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?YesYesYes
Did the organization report more than $15,000 of gross income from gaming activities?NoNoNo
Did the organization operate one or more hospital facilities?NoNoNo
Did the organization attach a copy of its audited financial statements?NoNoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?YesYesYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoYesNo
A family member of a current or former officer, director, trustee, or key employee?NoNoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNoNo
Was the organization related to any tax-exempt or taxable entity?NoNoNo
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNoNo
Statements Regarding Other IRS Filings and Tax Compliance
2011201220132014
The number reported in Box 3 of Form 1096131313
The number of Forms W-2G000
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return114124140
Did the organization file all required federal employment tax returns?YesYesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?YesYesYesNo
Has it filed a Form 990-T for this year?YesYesNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNoNo
Did the organization file Form 8886-T?NoNoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNoNo
Did the organization notify the donor of the value of the goods or services provided?NoNoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNoNo
Initiation fees and capital contributions$0$0$0$0
Gross receipts for public use of club facilities $0$0$0$0
Gross income from members or shareholders$0$0$0$0
Gross income from other sources$0$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNoNo
The amount of tax-exempt interest received or accrued during the year$0$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0$0
The amount of reserves on hand$0$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNoNo
Has it filed a Form 720 to report these payments?NoNoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
201220132014
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$281,066$288,117$372,810
Total reportable compensation from related organizations$0$0$0
Total estimated amount of other compensation from the organization and related organizations$32,731$38,914$74,350
Total number of individuals who received more than $100,000 of reportable compensation from the organization222
Total number of independent contractors who received more than $100,000 of compensation from the organization000
Statement of Revenue
2011201220132014
Total revenue$4,942,863$6,122,493$6,282,267$7,881,801
Contributions, Gifts, Grants and Other Similar Amounts$515,042$523,268$423,644$1,819,434
Program Service Revenue$3,990,086$4,913,328$5,242,248$5,416,035
0$4,697,095$5,015,887$5,079,540
0$216,233$226,361$245,678
0$0$0$90,817
All other program service revenue$0$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$7,338$3,586$1,845$1,442
Income from investment of tax-exempt bond proceeds$0$0$0$0
Royalties$0$0$0$0
Net rental income$0$0$0$0
Net gain/loss from sales of assets other than inventory$0$0$0$-32,170
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $0$0 / $0$0 / $0$0 / $0
Less: cost or other basis and sales expenses (Securities / Other)$0 / $0$0 / $0$0 / $0$0 / $32,170
Gain or (loss) (Securities / Other)$0 / $0$0 / $0$0 / $0$0 / $-32,170
Net income/loss from fundraising events$0$78,968$5,978$112,591
Gross income from fundraising events$0$104,897$20,982$142,606
Less: direct expenses$0$25,929$15,004$30,015
Net income/loss from gaming activities$0$0$0$0
Net income/loss from sales of inventory$412,593$578,825$583,639$536,313
Gross sales of inventory, less returns and allowances$797,423$1,027,007$1,050,671$1,015,868
Less: cost of goods sold$384,830$448,182$467,032$479,555
Miscellaneous Revenue$17,804$24,518$24,913$28,156
0$24,518$24,913$28,156
All other revenue$0$0$0
Statement of Functional Expenses
2011201220132014
Total functional expenses$4,915,086$5,156,952$5,459,315$5,867,886
Grants and other assistance to domestic organizations and domestic governments$0$0$0
Grants and other assistance to domestic individuals$0$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0$0
Benefits paid to or for members$0$0$0
Compensation of current officers, directors, trustees, and key employees$249,181$256,903$272,639$376,373
Compensation not included above, to disqualified persons$0$0$0
Other salaries and wages$3,050,381$3,173,374$2,456,953$2,591,291
Pension plan accruals and contributions$0$87,501$89,657
Other employee benefits$0$516,389$520,543
Payroll taxes$0$0$242,254$242,766
Fees for services (non-employees)
Management$0$0$0
Legal$0$0$0
Accounting$0$0$0
Lobbying$0$0$0
Professional fundraising services$0$0$0$0
Investment management fees$0$0$0
Other$104,985$113,369$110,249
Advertising and promotion$33,833$41,003$46,448
Office expenses$0$0$0
Information technology$0$0$0
Royalties$0$0$0
Occupancy$0$0$0
Travel$38,659$0$0
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0$0
Conferences, conventions, and meetings$0$53,212$55,641
Interest$0$0$0
Payments to affiliates$0$0$0
Depreciation, depletion, and amortization$239,930$268,341$287,724
Insurance$161,902$156,791$168,652
Other expenses$322,753$330,318$363,117
Other expenses$277,000$323,623$341,442
Other expenses$127,475$140,573$164,400
Other expenses$112,317$117,740$132,434
Other expenses$0$0$377,149
Balance Sheet
2011201220132014
Total assets$4,610,818$5,675,583$6,204,206$8,250,261
Cash - non-interest-bearing$285,722$364,788$199,696
Savings and temporary cash investments$11,529$34,871$112,197
Pledges and grants receivable, net$0$0$369,498
Accounts receivable, net$51,609$4,520$33,936
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0$0
Notes and loans receivable, net$0$0$0
Inventories for sale or use$178,382$163,124$199,006
Prepaid expenses and deferred charges$122,344$85,406$211,997
Land, buildings, and equipment: cost or other basis$3,511,013$3,597,694$5,414,986
Investments - publicly traded securities$1,476,614$1,913,084$1,667,304
Investments - other securities$0$0$0
Investments - program-related$0$0$0
Intangible assets$0$0$0
Other assets$38,370$40,719$41,641
Total liabilities$966,788$1,069,164$750,887$740,921
Accounts payable and accrued expenses$294,381$352,094$334,485
Grants payable$0$0$0
Deferred revenue$399,235$398,793$406,436
Tax-exempt bond liabilities$0$0$0$0
Escrow or custodial account liability$0$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0$0
Secured mortgages and notes payable to unrelated third parties$205,747$353,048$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$22,500$0$0
Total net assets or fund balances$3,644,030$4,606,419$5,453,319$7,509,340
Unrestricted net assets$4,394,890$5,118,448$6,670,316
Temporarily restricted net assets$11,529$34,871$539,024
Permanently restricted net assets$200,000$300,000$300,000
Capital stock or trust principal, or current funds$0$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0$0
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014)
2010 - 2014 Total
Public support$32,016,436
Subtotal$32,016,436
Gifts, grants, contributions, and membership fees received$3,660,060
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$28,356,376
Gross receipts from activities that are not an unrelated trade or business under section 513$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Less$0
Amounts received from disqualified persons$0
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$0
Total support$32,055,728
Public support$32,016,436
Subtotal$34,940
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$34,940
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
Net income from unrelated business activities, whether or not the business is regularly carried on$4,352
Other income$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Dolphin Research Center Inc58901 Overseas Hwy, Grassy Key, FL 33050-6019FL1982-10$8,423,541
2Florida Wildlife FederationPO BOX 6870, Tallahassee, FL 32314-6870FL1977-07$3,014,360
3United States Sportsmens Alliance Foundation, U S Sportsmens Alliance Foundation801 Kingsmill Pkwy, Columbus, OH 43229-1102OH1978-10$2,532,500
4Widecast Wider Caribbean Sea Turtle Conservation Network Inc1348 Rusticview Dr, Ballwin, MO 63011-4271MO1998-04$2,324,198
5Save The Manatee Club Inc500 N Maitland Ave Ste 210, Maitland, FL 32751-4462FL1993-01$1,310,609
6Wildlife Rehabilitation Center2530 Dale St N, Roseville, MN 55113-3502MN1997-10$901,324
7Wildlife Action IncPO BOX 866, Mullins, SC 29574-0866SC1985-11$399,638
8South Carolina Wildlife Federation215 Pickens St, Columbia, SC 29205-2911SC1951-07$392,948
9Wildlife In Crisis IncPO BOX 1246, Weston, CT 06883-0246CT1990-03$378,573
10The American Bear AssociationPO BOX 77, Orr, MN 55771-0077MN1995-11$293,935
11Texas Conservation AlliancePO BOX 822554, Dallas, TX 75382-2554TX1971-05$279,259
12Save Our Wild Salmon Coalition811 1st Ave Ste 305, Seattle, WA 98104-1463WA1995-06$245,507
13Wyoming Wildlife FederationPO BOX 1312, Lander, WY 82520-1312WY1968-12$232,366
14South Dakota Wildlife Federation IncPO BOX 297, Garretson, SD 57030-0297SD1981-03$222,739
15Sturgeon For Tomorrow IncN8895 Mallard Ln, Fond Du Lac, WI 54937-6126WI1980-07$155,288
16The Alaska Sea Otter And Steller Sea Lion CommissionPO BOX 142, Old Harbor, AK 99643-0142AK1995-08$109,459
17Vermont Family Forests Foundation Inc14 SCHOOL STREET SUITE 202A PO BOX, Bristol, VT 05443-1234VT2001-07$104,484
18Friends Of Willow River And Kinnickinnic State Parks Inc1034 Cty Rd A, Hudson, WI 54016WI1995-01$89,717
19Wild Ones Animal Encounters IncPO BOX 345, Rolesville, NC 27571-0345NC1998-10$82,334
20Safari Club International, Sutter Buttes ChapterPO BOX 3164, Yuba City, CA 95992-3164CA1945-09$77,992
Number of organizations performing similar types of work
Alaska4
Arkansas1
Arizona1
California7
Colorado2
Connecticut2
District of Columbia2
Florida3
Georgia1
Hawaii1
Iowa1
Idaho1
Illinois1
Indiana2
Louisiana2
Michigan1
Minnesota3
Missouri1
Mississippi2
Montana2
North Carolina1
Nebraska1
New Hampshire1
New Jersey1
New Mexico1
Nevada2
New York2
Ohio1
Oklahoma1
Oregon3
South Carolina2
South Dakota1
Tennessee1
Texas2
Virginia2
Vermont1
Washington5
Wisconsin2
Wyoming1
Total71

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