- Revenue 2024
- $3,540,520
- Expenses 2024
- $3,499,586
Program services were 87.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- Classification
- 1000
- Street
- 5356 MAIN STREET SUITE 1
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
OUR MISSION IS TO CONDUCT AND SUPPORT INNOVATIVE RESEARCH, CONSERVATION AND EDUCATION THAT RESULTS IN EFFECTIVE STEWARDSHIP OF OUR OCEANS.
-
CORAL RESTORATION: THE PROGRAM IS AIMED AT RESTORING POPULATIONS OF CRITICALLY ENDANGERED CORAL SPECIES IN THE WIDER CARRIBEAN REGION AND CONDUCTING RESEARCH TO ADVANCE THE SCIENCE OF CORAL RESTORATION. THE INSTITUTE IS ASSESSING CORAL REEF HEALTH THROUGHOUT THE BAHAMAS TO IDENTIFY KEY THREATS TO CORAL REEF HEALTH AND TO PROVIDE SCIENTIFIC SUPPORT FOR THE PLANNING, MANAGEMENT AND EVALUATION OF THE EFFICACY OF MARINE PROTECTED AREAS. THIS PROGRAM ALSO AIMS TO BUILD CAPACITY FOR CONDUCTING CORAL REEF HEALTH ASSESSMENTS BY HOSTING TRAINING WORKSHOPS AND EDUCATING THE GENERAL PUBLIC THROUGH VARIOUS MEDIA.
Expenses $2,194,381 · Grants $45,000 · Revenue $2,285,864
-
IMPROVED FISHERIES MANAGEMENT: THE INSTITUTE IS CONDUCTING RESEARCH AIMED AT IMPROVING THE MANAGEMENT OF BOTH TRADITIONAL BAHAMIAN FISHERIES (NASSAU GROUPER, QUEEN CONCH) AND EMERGING FISHERIES SUCH AS PARROTFISH, AND BIOPROSPECTING FOR NATURAL PRODUCTS DERIVED FROM SPONGES, SEA FANS AND OTHER ORGANISMS. THIS RESEARCH IS AIMED AT PROMOTING SUSTAINABLE HARVESTS THAT PRESERVE THE VIABILITY OF HARVESTED STOCKS AND PROMOTE ECOSYSTEM HEALTH. WE ARE ALSO ENGAGING LOCAL COMMUNITIES TO PROMOTE COMPLAINCE WITH FISHERIES REGULATIONS AND OTHER BEST PRACTICES TO MINIMIZE IMPACTS OF FISHING TO ECOSYSTEMS.
Expenses $212,931 · Revenue $241,275
-
MANGROVE RESTORATION: MANGROVE RESTORATION INVOLVES REHABILITATING AND REESTABLISHING DEGRADED OR DESTROYED ECOSYSTEMS. OUR APPROACH INCLUDES A RANGE OF TECHNIQUES TAILORED TO SPECIFIC ENVIRONMENTAL CONDITIONS AND BIOLOGICAL INTERACTIONS WITHIN MANGROVE ECOSYSTEMS E.G. PLANTING AND PROPAGULE DISPERSAL, HYDROLOGICAL (BLOCKED CREEK) RESTORATION, AND GREEN INFRASTRUCTURE.
Expenses $629,557 · Grants $82,021 · Revenue $988,381
-
COMMUNITY CONSERVATION EDUCATION AND ACTION PROGRAM PROVIDES, EDUCATION, OUTREACH AND COMMUNITY ENGAGEMENT PROGRAMS THAT COMPLIMENT THE INSTITUTES RESEARCH PROGRAMS. THIS PROGRAM IS AIMED AT DEVELOPING CONSERVATION LEADERS AND PROMOTING CONSERVATION ACTIONS THROUGH TARGETED COMMUNICATIONS, TRAINING PROGRAMS TO BUILD CONSERVATION CAPACITY IN THE BAHAMAS, AND WORKING DIRECTLY WITH STAKEHOLDERS LIKE FISHERS AND DIVERS TO PROMOTE POSITIVE PRACTICES THAT PROMOTE HEALTHY MARINE ECOSYSTEMS.
Expenses $25,000 · Revenue $25,000
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
CRAIG DAHLGREN
EXECUTIVE DI
- Total calculated
- $175,779
- From this org
- $175,779
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $175,779
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $175,779
-
LYNN GAPE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
MARK GROSBY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
DAVID KNIGHT
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.25
-
DR JOHN MARR
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.25
-
LIVINGSTON MARSHALL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
ROGER MCMANUS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $3,540,520
- Expenses
- $3,499,586
- Contributions
- $3,371,986
- Grants paid
- $127,021
-
2023
- Revenue
- $2,744,471
- Expenses
- $2,767,947
- Contributions
- $2,629,983
- Grants paid
- $251,967
-
2022
- Revenue
- $2,329,840
- Expenses
- $1,690,460
- Contributions
- $2,203,230
- Grants paid
- $0
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $1,963,951
- Expenses
- $1,335,163
- Assets (EOY)
- $1,181,677
-
2020 · 990
- Revenue
- $937,263
- Expenses
- $876,333
- Assets (EOY)
- $554,274
-
2019 · 990
- Revenue
- $840,893
- Expenses
- $592,169
- Assets (EOY)
- $486,346
-
2017 · 990
- Revenue
- $512,000
- Expenses
- $395,343
- Assets (EOY)
- $345,074
-
2016 · 990
- Revenue
- $569,600
- Expenses
- $341,217
- Assets (EOY)
- $228,417
-
2014 · 990
- Revenue
- $23
- Expenses
- $23
- Assets (EOY)
- $0
-
2013 · 990
- Revenue
- $124,450
- Expenses
- $115,658
- Assets (EOY)
- $171,099
-
2012 · 990
- Revenue
- not reported
- Expenses
- $307,520
- Assets (EOY)
- $162,306
-
2011 · 990
- Revenue
- not reported
- Expenses
- $419,280
- Assets (EOY)
- $878,799
-
2010 · 990
- Revenue
- not reported
- Expenses
- $904,768
- Assets (EOY)
- $693,428
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
-
$228,000
2024 CONSERVATION ACTIVITIES
-
$90,000
2023 CONSERVATION ACTIVITIES
-
$75,000
2022 FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS
-
$50,000
2024 CORAL PLANTING
-
2024 RECREATIONAL FISHING
-
$21,202
2022 CONSERVATION ACTIVITIES
-
2023 GENERAL SUPPORT
-
NOVA SOUTHEASTERN UNIVERSITY INC
$13,500
2022 Research
-
INDEPENDENT CHARITABLE GIFT FUND
$11,000
2024 GENERAL SUPPORT
-
2022 Climate Resilient Fisheries & Oceans : FSC : Rec Fishing
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
BAHAMAS UNDERSEA RESEARCH FOUNDATIO BAHAMAS UNDERSEA RESEARCH FOUNDAT
RESEARCH · BF · controlled entity
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.