Annual Meeting & Financials
Oceana’s support comes from foundations, organizations and individuals in more than 150 countries. Oceana benefits not only from cash contributions, but also from generous in-kind contributions of goods and services.
Oceana’s board and staff extend our deepest appreciation to our contributors for their continued support and generosity. Despite the economic turmoil in 2010 (the last year for which we have a completed independent audit), Oceana’s contributors maintained the support that is essential to our campaigns to preserve ocean life. Oceana received revenue and support of more than $22 million, with $14 million in unrestricted funds and $8 million in restricted funds for time- and program-restricted gifts for which commitments had been received for future campaigns. The $14 million in unrestricted funds includes the release of time- and program-restricted gifts for which commitments had been received in prior years.
Oceana continues to benefit from significant multi-year grant commitments, which is a major reason why Oceana ended the year with just over $22 million in net assets. Expenses were approximately $19 million in 2010. Of every dollar of expenses, approximately 77 cents were spent directly on Oceana’s programs. The remainder was spent on general and administrative costs (just about 10 cents), raising funds (slightly less than 11 cents), and good/services that event ticket purchasers paid for (approximately 2 cents).For more information, see the full consolidated financial audit for 2010. Click here to view Oceana's form 990.
Oceana, Inc. is tax-exempt under Section 501(c)(3) of the U.S. Internal Revenue Code, so contributions may be tax-deductible. Please contact Oceana at the address below for information on making gifts to Oceana, for a copy of its audited financial statement, or for other inquiries.
Oceana, Inc.
Attn: Development Department
1350 Connecticut Ave. NW, 5th Floor
Washington, DC 20036
info@oceana.org
1.877.7.OCEANA
You can also find more financial information by reading our Annual Reports.
Annual Meeting Teleconference
Oceana will hold its 2011 annual membership teleconference on November 17, 2011 at 2:30 p.m. Eastern Time.
For more information, please contact us.
Call 1.212.371.2444
Events@oceana.org
Take the Membership Survey.
