Form 990 for tax year 2024
Filed by OCEANOGRAPHIC TEACHING STATIONS INC.
Totals
- Total revenue
- $1,095,067
- Total expenses
- $1,039,484
- Contributions and grants received
- $736,505
- Grants paid
- $0
- Program service revenue
- $159,368
- Investment income
- $25,706
- Other revenue
- $173,488
- Total assets, end of year
- $1,913,601
- Total liabilities, end of year
- $18,556
- Net assets or fund balances, end of year
- $1,895,045
- Program services expenses (Part IX)
- $907,816
- Management and general expenses
- $51,264
- Fundraising expenses
- $80,404
- Program service expenses (Part III)
- $907,816
Program services were 87.3% 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.
-
1c · Fundraising events
$43,980
-
1f · All other contributions, gifts and grants
$692,525
-
1g · Noncash contributions included above
$43,980
-
2a · Program service revenue: Marine Biology Classes
total $159,368 · related or exempt $159,368
-
3 · Investment income
total $33,792 · excluded $33,792
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $107,250
-
7b · Less cost or other basis and sales expenses
securities $96,591 · other assets $18,745
-
7c · Gain or loss
securities $10,659 · other assets -$18,745
-
7d · Net gain or loss
total -$8,086 · related or exempt -$8,086
-
8a · Fundraising events: gross income
$204,975
-
8a · Fundraising events: contributions included on line 1c
$43,980
-
8b · Fundraising events: direct expenses
$31,487
-
8c · Net income from fundraising events
total $173,488
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $148,792 · program services $74,396 · management and general $29,758 · fundraising $44,638
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $442,349 · program services $442,349
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $52,240 · program services $45,665 · management and general $2,630 · fundraising $3,945
-
10 · Payroll taxes
total $41,856 · program services $36,589 · management and general $2,107 · fundraising $3,160
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $3,200 · management and general $3,200
-
11c · Fees: accounting
total $11,548 · management and general $11,548
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $37,049 · program services $37,049
-
13 · Office expenses
total $10,149 · program services $8,128 · management and general $2,021
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $132,259 · program services $132,259
-
23 · Insurance
total $30,070 · program services $30,070
-
24a · Other expenses: Repairs and Maintenance
total $31,160 · program services $31,160
-
24b · Other expenses: Classes & Outreach
total $29,311 · program services $29,311
-
24c · Other expenses: Fundraising costs
total $28,661 · fundraising $28,661
-
24d · Other expenses: Animal Care
total $9,855 · program services $9,855
-
24e · All other expenses
total $30,985 · program services $30,985
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $93,064 · end of year $26,307
-
2 · Savings and temporary cash investments
end of year $120,838
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $3,945 · end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$1,761,128
-
10b · Land, buildings and equipment: accumulated depreciation
$746,432
-
10c · Land, buildings and equipment, net
beginning of year $1,131,699 · end of year $1,014,696
-
11 · Investments: publicly traded securities
beginning of year $546,110 · end of year $751,279
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $481
-
17 · Accounts payable and accrued expenses
beginning of year $15,235 · end of year $18,556
-
27 · Net assets without donor restrictions
beginning of year $1,759,583 · end of year $1,895,045
Mission and programs · 2024
Mission
The specific and primary purposes are to foster and promote the public study of, and interest in, the oceans, tidelands and beaches of Southern California, the marine life therein, and the impact of human population on that environment. OTS and the Roundhouse have been fulfilling this mission since 1979, in the heart of Downtown Manhattan Beach, at the very end of the Manhattan Beach Pier.
-
Teaching local Marine Biology and Oceanographic courses to K-12 Students and maintain an operational acquarium for public viewing.
Expenses $907,816
As filed on the 2024 return.
Listed in Part VII
-
Grace Adams
Executive Director
- Total calculated
- $148,792
- From this org
- $148,792
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Matt Friedman
Director
- Total calculated
- $0
- Hours/week
- 2
-
Owen Murray
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Mark Burton
Director
- Total calculated
- $0
- Hours/week
- 1
-
Hillel Cohn
Chairman
- Total calculated
- $0
- Hours/week
- 4
-
John Roberts
Director
- Total calculated
- $0
- Hours/week
- 2
-
Chuck Milam
Director
- Total calculated
- $0
- Hours/week
- 1
-
Paul Konwiser
Director
- Total calculated
- $0
- Hours/week
- 1
-
Michael Greenberg
Director
- Total calculated
- $0
- Hours/week
- 1
-
Lynne Gross
Director
- Total calculated
- $0
- Hours/week
- 3
-
Robin Curren
Director
- Total calculated
- $0
- Hours/week
- 3
-
Richard Fruin
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Richard Montgomery
Director
- Total calculated
- $0
- Hours/week
- 1
-
Martha Tapias-Mansfield
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jessica Vincent
Director
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 December 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543499349301144
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.