Sea Research Foundation Inc: $32.6M Revenue, $29.6M Expenses

The efficiency rubric puts Sea Research Foundation Inc at a B grade: a composite of 74/100 that lands above the national midpoint. The grade reflects solid financial reserves alongside reasonable officer compensation and steady revenue.

Sea Research Foundation Inc reported $32.6M in 2023 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. On the reserves factor, Sea Research Foundation Inc scores well — assets relative to annual spending sit in the range nonprofit-finance experts consider healthy (roughly three months to two years of operating expenses).

Revenue trend is mildly positive across the five-year filing window — modest growth, consistent with stable funding sources keeping pace with organizational costs. Officer compensation is modest relative to organizational size: Sea Research Foundation Inc reports $656,999 in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $32.6M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. Sea Research Foundation Inc works in Environment & Animals — environmental, conservation, animal-welfare, and natural-resources programs. The sector spans large international conservation groups and small local land trusts; the financial profile varies accordingly.