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 continuing economic turmoil in 2012, Oceana’s contributors maintained the support that is essential to our campaigns to preserve ocean life. Oceana received revenue and support of approximately $15 million in unrestricted funds, including the release of $13 million in time- and program-restricted gifts for which commitments had been received in the current and 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 $19 million in net assets. Expenses were approximately $17 million in 2012. Of every dollar of expenses, approximately 75 cents were spent directly on Oceana’s programs. The remainder was spent on general and administrative costs (just about 11 cents), raising funds (slightly less than 13 cents), and good/services that event ticket purchasers paid for(approximately 1 cent). For more information, see the full consolidated financial audit for 2012.
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, a copy of our articles of incorporation, by-laws, Form 1023, or for other inquiries. Oceana’s articles of incorporation, as well as a certificate of good standing, are also independently available through the department of consumer and regulatory affairs for the District of Columbia (where Oceana Inc. is incorporated), though there is a fee for this service.
Attn: Development Department
1350 Connecticut Ave. NW, 5th Floor
Washington, DC 20036
You can also find more financial information by reading our Annual Reports.