Totals
- Total revenue
- $721,867
- Total expenses
- $658,817
- Contributions and grants received
- $487,704
- Grants paid
- $0
- Program service revenue
- $203,981
- Investment income
- $152
- Other revenue
- $30,030
- Total assets, end of year
- $421,316
- Total liabilities, end of year
- $808,525
- Net assets or fund balances, end of year
- -$387,209
- Program services expenses (Part IX)
- $543,658
- Management and general expenses
- $115,159
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $543,658
Program services were 82.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$188,729
-
1e · Government grants (contributions)
$177,786
-
1f · All other contributions, gifts and grants
$121,189
-
2a · Program service revenue: PROGRAM SERVICE FEES
total $165,291 · related or exempt $165,291
-
2b · Program service revenue: SUBCONTRACTS/PARTNERSHIPS
total $38,690 · related or exempt $38,690
-
3 · Investment income
total $152 · excluded $152
-
11a · Other revenue: OTHER INCOME
total $25,717 · excluded $25,717
-
11b · Other revenue: EVENT INCOME
total $4,313 · excluded $4,313
-
11e · Other revenue, total
$30,030
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $180,000 · program services $135,000 · management and general $45,000
-
7 · Other salaries and wages
total $37,200 · program services $27,900 · management and general $9,300
-
9 · Other employee benefits
total $6,881 · program services $5,161 · management and general $1,720
-
10 · Payroll taxes
total $14,513 · program services $10,885 · management and general $3,628
-
11c · Fees: accounting
total $2,571 · management and general $2,571
-
11g · Fees: other
total $246,411 · program services $246,411
-
17 · Travel
total $62,558 · program services $62,558
-
23 · Insurance
total $31,064 · management and general $31,064
-
24a · Other expenses: SUBCONTRACTOR EXPENSE
total $36,800 · program services $36,800
-
24b · Other expenses: PUBLIC RELATIONS
total $16,071 · program services $12,053 · management and general $4,018
-
24c · Other expenses: ADMINISTRATIVE EXPENSES
total $12,730 · management and general $12,730
-
24d · Other expenses: OPERATIONS
total $9,409 · program services $4,704 · management and general $4,705
-
24e · All other expenses
total $2,609 · program services $2,186 · management and general $423
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $158,839 · end of year $70,435
-
4 · Accounts receivable
beginning of year $168,560 · end of year $225,455
-
9 · Prepaid expenses and deferred charges
end of year $2,798
-
15 · Other assets
beginning of year $85,284 · end of year $122,628
-
17 · Accounts payable and accrued expenses
beginning of year $12,770 · end of year $9,933
-
25 · Other liabilities
beginning of year $851,200 · end of year $798,592
-
31 · Retained earnings, endowment or other funds
beginning of year -$451,287 · end of year -$387,209
Mission and programs · 2024
Mission
THE WORLD OCEAN COUNCIL ENCOURAGES, PROMOTES, AND DEVELOPS AWARENESS WITHIN THE OCEAN INDUSTRY AND THE WIDER PUBLIC OF THE NEED FOR A HEALTHY AND PRODUCTIVE GLOBAL OCEAN AND PROMOTES SUSTAINABLE OCEAN USES.
-
WOC ADVANCED ITS MISSION TO BRING TOGETHER OCEAN INDUSTRIES IN COLLABORATIVE ACTION FOR SUSTAINABLE STEWARDSHIP OF THE SEAS. DURING THE YEAR, WOC: CONVENED MULTI-SECTOR LEADERSHIP DIALOGUES INVOLVING STAKEHOLDERS FROM SHIPPING, PORTS, FISHERIES, AND FINANCE. PROVIDED A NEUTRAL PLATFORM FOR CROSS-INDUSTRY COORDINATION ON OCEAN SUSTAINABILITY CHALLENGES, INCLUDING MARITIME DECARBONIZATION, BIODIVERSITY PROTECTION, AND MARITIME RISK. EXECUTED GRANT-FUNDED WORK RELATED TO OCEAN SUSTAINABILITY. DELIVERED YEAR-ROUND VALUE TO ITS GLOBAL MEMBERSHIP COMMUNITY AND BROADENED PUBLIC-PRIVATE COLLABORATION ON OCEAN SUSTAINABILITY THROUGH COMMUNICATIONS, EVENTS, AND OUTREACH.
Expenses $543,658 · Revenue $203,981
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Paul HolthusPAUL HOLTHUS
CEO
- Total calculated
- $189,000
- From this org
- $180,000
- From related orgs
- $0
- Other
- $9,000
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $180,000
- Bonus
- not reported
- Other
- not reported
- Deferred
- $9,000
- Nontaxable benefits
- not reported
- Filer's total
- $189,000
-
Donna LanzettaDONNA LANZETTA
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 3
-
Jacques DemersJACQUES DEMERS
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Simon BennettSIMON BENNETT
SECRETARY
- Total calculated
- $0
- Hours/week
- 1.5
-
Lori KennedyLORI KENNEDY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Philip HermesPHILIP HERMES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Henk Van MuijenHENK VAN MUIJEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Colleen MartinCOLLEEN MARTIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Stewart Sarkozy-BanoczySTEWART SARKOZY-BANOCZY
LEGAL REPRES
- Total calculated
- $117,000
- From this org
- $117,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 November 2025
- IRS schema version
- 2024v5.0
- Source object
- 202533199349302688
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.