Form 990 for tax year 2022
Filed by OCEANOGRAPHIC TEACHING STATIONS INC.
Totals
- Total revenue
- $981,795
- Total expenses
- $871,558
- Contributions and grants received
- $629,693
- Grants paid
- $0
- Program service revenue
- $127,295
- Investment income
- $26,522
- Other revenue
- $198,285
- Total assets, end of year
- $1,934,274
- Total liabilities, end of year
- $24,023
- Net assets or fund balances, end of year
- $1,910,251
- Program services expenses (Part IX)
- $817,672
- Management and general expenses
- $40,602
- Fundraising expenses
- $13,284
- Program service expenses (Part III)
- $817,672
Program services were 93.8% 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.
-
1f · All other contributions, gifts and grants
$629,693
-
2a · Program service revenue: Marine Biology Classes
total $127,295 · excluded $127,295
-
3 · Investment income
total $26,522 · related or exempt $26,522
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$254,910
-
8b · Fundraising events: direct expenses
$56,625
-
8c · Net income from fundraising events
total $198,285
-
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 $152,325 · program services $152,325
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $293,687 · program services $293,687
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $53,232 · program services $53,232
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $8,108 · management and general $8,108
-
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 $0
-
13 · Office expenses
total $0
-
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 $117,621 · program services $117,621
-
23 · Insurance
total $67,051 · program services $67,051
-
24a · Other expenses: Repairs and maintence
total $58,417 · program services $58,417
-
24b · Other expenses: Marketing
total $30,860 · program services $15,430 · management and general $15,430
-
24c · Other expenses: Classes & Outreach
total $20,454 · program services $20,454
-
24d · Other expenses: Team building
total $14,555 · program services $14,555
-
24e · All other expenses
total $55,248 · program services $24,900 · management and general $17,064 · fundraising $13,284
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $151,745 · end of year $100,478
-
2 · Savings and temporary cash investments
beginning of year $149,864 · end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $64,908
-
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
$1,544,377
-
10b · Land, buildings and equipment: accumulated depreciation
$487,599
-
10c · Land, buildings and equipment, net
beginning of year $1,115,087 · end of year $1,056,778
-
11 · Investments: publicly traded securities
beginning of year $435,588 · end of year $712,110
-
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 $0
-
17 · Accounts payable and accrued expenses
beginning of year $42,270 · end of year $24,023
-
24 · Unsecured notes and loans payable
beginning of year $10,000
-
27 · Net assets without donor restrictions
beginning of year $1,800,014 · end of year $1,910,251
Mission and programs · 2022
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 $817,672
As filed on the 2022 return.
Listed in Part VII
-
Grace Adams
Executive Director
- Total calculated
- $152,325
- From this org
- $152,325
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $132,325
- Bonus
- $20,000
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $152,325
-
Matt Friedman
Director
- Total calculated
- $0
- Hours/week
- 2
-
Susan Bloomfield
Director
- Total calculated
- $0
- Hours/week
- 2
-
Mark Burton
Director
- Total calculated
- $0
- Hours/week
- 2
-
Hillel Cohn
Director
- Total calculated
- $0
- Hours/week
- 2
-
John Roberts
President
- Total calculated
- $0
- Hours/week
- 4
-
Chuck Milam
Treasurer
- Total calculated
- $0
- Hours/week
- 4
-
Paul Konwiser
Director
- Total calculated
- $0
- Hours/week
- 2
-
Michael Greenberg
Director
- Total calculated
- $0
- Hours/week
- 2
-
Lynne Gross
Director
- Total calculated
- $0
- Hours/week
- 2
-
Robin Curren
Director
- Total calculated
- $0
- Hours/week
- 2
-
Dick Fruin
Secretary
- Total calculated
- $0
- Hours/week
- 4
-
Kimberly Rohm
Director
- Total calculated
- $0
- Hours/week
- 2
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
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343189349317509
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