Explorocean in Newport Beach, California (CA)

Organization representatives - add corrected or new information about Explorocean »

Non-representatives - add comments about Explorocean»

Explorocean
Employer Identification Number (EIN)953867036
Name of OrganizationExplorocean
In Care of NameJ Robert Meserve
Address600 East Bay Avenue, Newport Beach, CA 92661-1347
ActivitiesMuseum, zoo, planetarium, etc., Art exhibit, Other cultural or historical activities
SubsectionCharitable Organization
Ruling Date11/1984
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2013
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$19,933,020
Amount of Income$2,377,362
Form 990 Revenue Amount$883,370
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: History Museums


Non-representatives - add comments:


CAPTCHA

Your IP address 54.90.214.130 will be logged.

Amount of income in 2013: $2,377,362
This organization: 

 $2,377,362
Other organizations performing similar types of work: 

 $170,607

Assets in 2013: $19,933,020
Explorocean: 

 $19,933,020
Other organizations performing similar types of work: 

 $751,001

Expenses in 2013: $2,328,534
Explorocean: 

 $2,328,534
Other organizations performing similar types of work: 

 $136,601

Income to expenses ratio in 2013: 1.0
This organization: 

 1.0
Other organizations performing similar types of work: 

 1.2

Expenses allocated to program services in 2001: 60.6%
This organization: 

 60.6%
Other organizations performing similar types of work: 

 70.0%

Number of employees in 2013: 47
This organization: 

 47
Other organizations performing similar types of work: 

 4

Employees paid over $100,000 in 2013: 2.1%
This organization: 

 2.1%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2013: 102.8%
Explorocean: 

 102.8%
Other organizations performing similar types of work: 

 57.9%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Support schedule

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?YesYes
Is the organization required to complete Schedule B, Schedule of Contributors?YesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?YesYes
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?YesYes
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?YesYes
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?YesNo
Did the organization report an amount for other liabilities?YesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?YesYes
Did the organization obtain separate, independent audited financial statements for the tax year?YesNo
Was the organization included in consolidated, independent audited financial statements for the tax year?NoYes
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?YesYes
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?NoYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?YesYes
Was the organization related to any tax-exempt or taxable entity?YesYes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 10964513
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return3247
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?YesYesYes
Has it filed a Form 990-T for this year?YesYes
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNo
Did the organization notify the donor of the value of the goods or services provided?NoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$130,734$119,961
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$4,500$1,329
Total number of individuals who received more than $100,000 of reportable compensation from the organization11
Total number of independent contractors who received more than $100,000 of compensation from the organization00
Statement of Revenue
201120122013
Total revenue$1,410,388$1,148,203$883,370
Contributions, Gifts, Grants and Other Similar Amounts$1,277,708$1,050,225$908,383
Program Service Revenue$21,453$27,086$33,410
900099$27,086$33,410
All other program service revenue$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$211,856$237,679$241,999
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$0$0
Net rental loss$-252,642$-57,585$-348,686
Gross rents (Real / Personal)$617,047 / $0$606,041 / $0$602,327 / $0
Less: rental expenses (Real / Personal)$869,689 / $0$663,626 / $0$951,013 / $0
Rental income or (loss) (Real / Personal)$-252,642 / $0$-57,585 / $0$-348,686 / $0
Net gain/loss from sales of assets other than inventory$157,607$50,207$48,264
Gross amount from sales of assets other than inventory (Securities / Other)$2,253,785 / $0$1,080,057 / $0$562,797 / $0
Less: cost or other basis and sales expenses (Securities / Other)$2,093,720 / $2,458$1,029,850 / $0$511,738 / $2,795
Gain or (loss) (Securities / Other)$160,065 / $-2,458$50,207 / $0$51,059 / $-2,795
Net income/loss from fundraising events$-10,205$-159,185$0
Gross income from fundraising events$0$0$28,446
Less: direct expenses$10,205$159,185$28,446
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$4,611$-224$0
Miscellaneous Revenue$0$0$0
Statement of Functional Expenses
201120122013
Total functional expenses$1,655,198$1,690,277$2,328,534
Grants and other assistance to domestic organizations and domestic governments$0$4,847
Grants and other assistance to domestic individuals$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$227,818$119,785$402,450
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$197,209$467,738$270,234
Pension plan accruals and contributions$0$0
Other employee benefits$44,219$115,115
Payroll taxes$61,807$50,318$57,971
Fees for services (non-employees)
Management$0$2,946
Legal$0$14,361
Accounting$39,890$42,188
Lobbying$0$0
Professional fundraising services$38,746$9,512$0
Investment management fees$10,000$10,000
Other$0$1,246
Advertising and promotion$90,692$29,669
Office expenses$45,513$54,383
Information technology$0$15,980
Royalties$0$272,296
Occupancy$295,571$543
Travel$0$0
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$674$0
Interest$0$0
Payments to affiliates$0$0
Depreciation, depletion, and amortization$123,239$136,843
Insurance$26,499$16,768
Other expenses$273,647$695,050
Other expenses$47,560$133,824
Other expenses$27,734$51,820
Balance Sheet
201120122013
Total assets$22,798,359$21,492,104$19,933,020
Cash - non-interest-bearing$169,240$137,745
Savings and temporary cash investments$1,093,482$466,383
Pledges and grants receivable, net$129,264$106,596
Accounts receivable, net$21,976$45,410
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$112,840
Inventories for sale or use$200,963$146,205
Prepaid expenses and deferred charges$144,848$21,829
Land, buildings, and equipment: cost or other basis$10,669,559$10,322,079
Investments - publicly traded securities$0$0
Investments - other securities$6,011,162$6,043,009
Investments - program-related$0$0
Intangible assets$1,798,141$1,714,225
Other assets$1,253,469$816,699
Total liabilities$6,516,453$6,387,564$6,375,472
Accounts payable and accrued expenses$202,989$349,148
Grants payable$0$0
Deferred revenue$0$0
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$6,390,029$6,167,030$6,008,779
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$17,545$17,545
Total net assets or fund balances$16,281,906$15,104,540$13,557,548
Unrestricted net assets$14,338,343$13,083,375
Temporarily restricted net assets$666,197$374,173
Permanently restricted net assets$100,000$100,000
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
2009 - 2013 Total
Public support$6,345,080
Subtotal$7,180,580
Gifts, grants, contributions, and membership fees received$6,990,438
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$190,142
Gross receipts from activities that are not an unrelated trade or business under section 513$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Less$835,500
Amounts received from disqualified persons$835,500
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$0
Total support$8,504,893
Public support$7,180,580
Subtotal$1,324,313
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$1,324,313
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income$0
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001
Total revenue$1,923,978$-141,793
Contributions, gifts, grants, and similar amounts received$2,220,142$253,343
Contributions to donor advised funds
Direct public support$2,220,142$253,343
Indirect public support$0$0
Government contributions (grants)$0$0
Program service revenue including government fees and contracts$0$0
Membership dues and assessments$82,077$74,664
Interest on savings and temporary cash investments$0$0
Dividends and interest from securities$621,740$260,945
Net rental income or (loss)$0$0
Gross rents$51,211$34,004
Less: rental expenses$51,211$34,004
Other investment income$0$0
Gain or (loss) from sales of assets other than inventory$-1,021,909$-749,454
Gross amount from sales of assets other than inventory$0$0
Less: cost or other basis and sales expenses$1,021,909$749,454
Net income or (loss) from special events and activities$4,821$9,782
Gross revenue$38,135$82,706
Less: direct expenses other than fundraising expenses$33,314$72,924
Gross profit or (loss) from sales of inventory$17,107$8,927
Gross sales of inventory, less returns and allowances$30,163$22,852
Less: cost of goods sold$13,056$13,925
Other revenue$0$0
Total expenses$856,691$935,349
Program services$569,528$567,213
Management and general$259,962$337,977
Fundraising$27,201$30,159
Payments to affiliates$0$0
Net assets or fund balances at end of year$11,606,329$10,586,333
Excess or (deficit) for the year$1,067,287$-1,077,142
Net assets or fund balances at beginning of year$10,539,042$11,606,329
Other changes in net assets or fund balances$0$57,146
Statement of Functional Expenses (for 2001)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$935,349$567,213$337,977$30,159
Grants paid from donor advised funds
Other grants and allocations$4,500
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$48,244$28,946$14,474$4,824
Compensation of former officers, directors, key employees, etc.
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Salaries and wages of employees not included above$287,770$132,377$146,848$8,545
Pension plan contributions not included above$4,518$4,518$0$0
Employee benefits not included above$24,775$16,956$7,442$377
Payroll taxes$15,201$0$14,032$1,169
Professional fundraising fees$0$0$0$0
Accounting fees$39,580$0$39,580$0
Legal fees$730$0$730$0
Supplies$11,010$8,808$2,202$0
Telephone$6,517$5,214$1,303$0
Postage and shipping$5,737$3,442$1,721$574
Occupancy$20,853$17,085$3,768$0
Equipment rental and maintenance$102,612$80,414$22,198$0
Printing and publications$4,362$3,881$481$0
Travel$0$0$0$0
Conferences, conventions, and meetings$597$597$0$0
Interest$479$0$479$0
Depreciation, depletion, etc.$108,534$86,827$21,707$0
Other expenses not covered above$249,330$173,648$61,012$14,670
Balance Sheets
20002001
Total assets$11,663,348$10,623,144
Cash - non-interest-bearing$130,174$209,287
Savings and temporary cash investments$88,883$42,758
Accounts receivable less allowance for doubtful accounts$1,554$2,103
Pledges receivable less allowance for doubtful accounts$0$0
Grants receivable$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Other notes and loans receivable less allowance for doubtful accounts$0$0
Inventories for sale or use$13,809$40,494
Prepaid expenses and deferred charges$289,025$241,871
Investments - publicly-traded securities
Investments - other securities$8,523,528$7,479,270
Investments - land, buildings, and equipment less accumulated depreciation$0$0
Investments - other$1,405,169$0
Land, buildings, and equipment less accumulated depreciation$1,211,206$2,607,361
Other assets, including program-related investments$0$0
Total liabilities$57,019$36,811
Accounts payable and accrued expenses$28,995$36,811
Grants payable$0$0
Deferred revenue$0$0
Loans from officers, directors, trustees, and key employees$0$0
Tax-exempt bond liabilities$0$0
Mortgages and other notes payable$28,024$0
Other liabilities$0$0
Total liabilities and net assets/fund balances$11,663,348$10,623,144
Total net assets or fund balances$11,606,329$10,586,333
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001
Total revenue$1,923,978$109,233
Total revenue, gains, and other support per audited financial statements$2,021,559$-11,620
Other expenses$0$0
Net unrealized gains on investments$0$0
Donated services and use of facilities$0$0
Recoveries of prior year grants$0$0
Other$0$0
Other revenue$-97,581$120,853
Investment expenses$0$0
Other$-97,581$120,853
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001
Total expenses$856,691$887,523
Total expenses and losses per audited financial statements$954,272$1,008,376
Other revenue$97,581$120,853
Donated services and use of facilities$0$0
Prior year adjustments$0$0
Losses$0$0
Other$97,581$120,853
Other expenses$0$0
Investment expenses$0$0
Other$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings0
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?
Does the organization have a written conflict of interest policy?
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?
Did the organization acquire a direct or indirect interest in any applicable insurance contract?
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?
Number of employees employed in the pay period that includes March 12, 200613
Analysis of Income-Producing Activities (for 2001)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$0$-395,136
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$74,664
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$000$0$260,945
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$-749,454
Net income or (loss) from special events000000$000$0$9,782
Gross profit or (loss) from sales of inventory000000$000$0$8,927
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2001)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2001)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$56,966$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2001)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
The total number of donor advised funds owned at the end of the tax year
The aggregate value of assets held in all donor advised funds owned at the end of the tax year
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts
The aggregate value of assets held in all funds or accounts included above at the end of the tax year
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that normally receives: less than 1/3 of its support from gross investment income and unrelated taxable business income and more than 1/3 of its support from contribution, membership fees
Support Schedule
19992000
Total$1,333,803$2,992,257
Gifts, grants, and contributions received$133,218$2,220,142
Membership fees received$95,335$82,077
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$33,756$68,298
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$1,071,494$621,740
Net income from unrelated business activities not included above$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0
Other income$0$0
Lobbying Expenditures by Electing Public Charities (for 2001)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Unrelated Trade or Business Income (for 2008)
IncomeExpensesNet
Total$754,275$1,025,007$2,707,327
Gross receipts or sales less returns and allowances$6,731$0$0
Cost of goods sold$13,971$0$0
Gross profit$53,341$0$5,334
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$0$0$0
Rent income$74,894,171$1,025,007$2,760,667
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2008)
Total deductions$0
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$0
Unrelated business taxable income$270,732
Unrelated business taxable income before net operating loss deduction$270,732
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$270,732
Specific deduction$1,000
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Explorocean to others? (optional)
  
Add photo of Explorocean (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Henry E Huntington Library & Art Gallery1151 Oxford Rd, San Marino, CA 91108-1218CA1938-05$202,277,268
2Simon Wiesenthal Center1399 S Roxbury 2nd Fl, Los Angeles, CA 90035-4709CA1987-01$25,837,455
3Autry National Center Of The American West4700 Western Heritage Wa, Los Angeles, CA 90027CA1985-03$19,653,220
4The Richard Nixon Foundation18001 Yorba Linda Blvd, Yorba Linda, CA 92886-3903CA1983-08$16,581,001
5Computer History Museum1401 N Shoreline Blvd, Mountain View, CA 94043-1311CA1999-07$5,730,317
6Bay Area Electric Railway Association5848 State Highway 12, Suisun City, CA 94585-9741CA1965-06$3,953,374
7Explorocean600 East Bay Avenue, Newport Beach, CA 92661-1347CA1984-11$2,377,362
8Namm Foundation5790 Armada Dr, Carlsbad, CA 92008-4608CA1999-07$555,123
9Feather River Rail SocietyPO BOX 608, Portola, CA 96122-0608CA1984-01$279,527
10Marin History Museum1125 B St, San Rafael, CA 94901-2907CA1972-12$143,682
11California Trolley And Railroad Corporation, Ctrc210 N 4th St 4th Fl, San Jose, CA 95112CA1983-01$48,098
12Aircraft Carrier Hornet FoundationPO BOX 460, Alameda, CA 94501-9560CA1995-12$3,497,569
13Hiller Aviation Institute601 Skyway Rd, San Carlos, CA 94070-2702CA1995-07$3,122,532
14Palm Springs Air Museum Inc745 N Gene Autry Trl, Palm Springs, CA 92262-5464CA1994-05$2,981,994
15Council On American-Islamic Relations California2180 W Crescent Ave Ste F, Anaheim, CA 92801-3842CA1996-04$2,191,798
16History San Jose1650 Senter Rd, San Jose, CA 95112-2599CA1972-09$1,513,815
17Napa Valley MuseumPO BOX 3567, Yountville, CA 94599-3567CA1973-11$1,376,722
18Santa Barbara Maritime Museum113 Harbor Way Ste 190, Santa Barbara, CA 93109-2344CA1995-09$1,365,102
19Leonis Adobe Association23537 Calabasas Rd, Calabasas, CA 91302-1311CA1963-10$1,198,252
20Sonoma County Museum Foundation425 7th St, Santa Rosa, CA 95401-5202CA1978-09$952,737
Number of organizations performing similar types of work
Alaska6
Alabama16
Arkansas13
Arizona10
California72
Colorado15
Connecticut7
District of Columbia3
Delaware4
Florida20
Georgia12
Hawaii5
Iowa10
Idaho5
Illinois26
Indiana20
Kansas12
Kentucky15
Louisiana10
Massachusetts26
Maryland17
Maine6
Michigan17
Minnesota16
Missouri13
Mississippi3
Montana11
North Carolina21
North Dakota4
Nebraska10
New Hampshire9
New Jersey15
New Mexico3
Nevada3
New York55
Ohio32
Oklahoma11
Oregon11
Pennsylvania39
Rhode Island6
South Carolina9
South Dakota6
Tennessee13
Texas58
Utah4
Virginia36
Vermont5
Washington11
Wisconsin12
West Virginia3
Wyoming6
Total772

faqs.org is not associated with, endorsed by, or sponsored by Explorocean and has no official or unofficial affiliation with Explorocean