Science & Technology
(U500)
IRS Verified
DX Registered
MARINE BIOLOGICAL LABORATORY
CharityAI™ Score
Not yet evaluated
Mission Statement
The Marine Biological Laboratory (MBL) is dedicated to scientific discovery and improving the human condition through research and education in biology, biomedicine, and environmental science. Founded in Woods Hole, Massachusetts, in 1888, the MBL is a private, nonprofit institution and an affiliate of the University of Chicago.
Financial Overview — FY 2023
$53.6M
Total Revenue
$54.0M
Total Expenses
$203.2M
Net Assets
444
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
84.1%
Fundraising Efficiency
0.0%
Operating Reserve
45.12x
Liability-to-Asset
14.9%
Revenue Diversification
83.6%
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $53.6M | $54.0M | $203.2M | 84.1% | 444 |
| 2022 | $59.8M | $49.0M | N/A | — | 385 |
| 2021 | $44.9M | $41.0M | N/A | — | 327 |
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