2021-12-16T14:19:26-06:00 2021-06-30 010463013 Purdy Powers & Company 130 Middle Street Portland ME 04101 990 2020-07-01 016006001 Bigelow Laboratory for Ocean Sciences BIGE 2073152567 60 Bigelow Drive PO Box 380 East Boothbay ME 04544 Deborah Bronk President and CEO 2073152567 2021-12-16 Deborah Bronk 016006001 David J Shorette CPA P00086553 2077753496 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z Deborah Bronk 60 Bigelow Drive PO Box 380 East Boothbay ME 04544 20715766 0 X www.bigelow.com X 1974 ME To understand key processes driving the world's ocean ecosystems, their evolution and their fundamental relationship to life on earth through interrelated research, education, and technology transfer programs. 17 17 100 50 0 0 11869995 17118937 1737033 1781279 122536 53864 53707 52937 13783271 19007017 0 0 0 0 7470817 7742463 0 0 1028665 6385079 6694881 13855896 14437344 -72625 4569673 53800318 61124086 21133652 20764707 32666666 40359379 To understand key processes driving the world's ocean ecosystems, their evolution, and their fundamental relationship to life on earth through interrelated research, education, and technology transfer programs. 0 0 12969588 1639893 Providing scientific and educational research for governmental, commercial, and educational entities. 12969588 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 38 0 1 100 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X Deborah Bronk 2073152567 60 Bigelow Drive PO Box 380 East Boothbay ME 04544 Tom Allen Trustee 2.00 X 0 0 0 Wesley Benbow MBA Trustee 2.00 X 0 0 0 Stewart Bither Trustee 2.00 X 0 0 0 Priscilla Brooks Trustee 2.00 X 0 0 0 Barbara Burgess Trustee 2.00 X 0 0 0 Bill Burgess Chair 4.00 X X 0 0 0 Michael Conathan Trustee 2.00 X 0 0 0 Marion Flores Trustee 2.00 X 0 0 0 Robert Gagosian PhD Vice Chair 4.00 X X 0 0 0 John L Heyl Trustee 2.00 X 0 0 0 Marion Howard Trustee 2.00 X 0 0 0 Judit Kildow PhD Trustee 2.00 X 0 0 0 Arthur Martinez Trustee 2.00 X 0 0 0 Ronald Newbower PhD Trustee 2.00 X 0 0 0 Brigitta Tadmor PhD Trustee 2.00 X 0 0 0 Anne Marie Thron Trustee 2.00 X 0 0 0 Wendy Wolf MD MPH Trustee 2.00 X 0 0 0 Deborah Bronk President & CEO 37.50 X 300202 0 22292 Jennifer Cutshall Director of Advancement 37.50 X 193857 0 22776 William M Balch Senior Research Scientist 37.50 X 175225 0 22971 Ramunas Stepanauskas Senior Research Scientist 37.50 X 152086 0 35049 James McManus VP Research & Administration 37.50 X 152995 0 28599 Benjamin Twining VP Education & Research 37.50 X 139443 0 29506 David Fields Senior Research Scientist 37.50 X 130336 0 35237 David Whitt CFO 37.50 X 133008 0 23582 David Emerson Senior Research Scientist 37.50 X 135092 0 22066 Michael Lomas Senior Research Scientist 37.50 X 128012 0 25935 1640256 0 268013 21 0 1 0 0 10550097 6568840 325651 17118937 Patent and License Fees 541700 585712 585712 Course Fees 541700 571998 571998 NCMA Culture Fees 541700 257564 257564 BAS Fees 541700 131480 131480 SCG Fees 541700 121418 121418 113107 113107 1781279 255455 255455 1507158 1514426 194323 -7268 -194323 -201591 -194323 -7268 916 0 916 916 Miscellaneous Revenue 541700 52021 52021 52021 19007017 1639893 0 248187 1640256 956204 574212 109840 3880338 2262081 1358409 259848 329768 228141 75085 26542 1499147 1037144 341342 120661 392954 271854 89472 31628 311382 159963 149727 1692 17888 481 7819 9588 293431 21641 271790 31013 21252 6671 3090 447809 6000 441809 2058690 1264448 648393 145849 135054 135054 Subcontracts 1053394 1048341 5053 Supplies & Leases 960398 865393 81026 13979 Consulting & Contracted 496943 244186 251771 986 Participant Support 206360 202865 2505 990 682519 4379594 -4001047 303972 14437344 12969588 439091 1028665 7288028 2324539 1309769 2254213 249155 144762 46177 45817 53336212 19043616 35761704 34292596 9145485 22062159 53800318 61124086 871348 1058989 3101239 5518552 12896192 12592065 4264873 1595101 21133652 20764707 X 12855587 16888536 19811079 23470843 32666666 40359379 53800318 61124086 X 4569673 1793168 1329872 X X 0 1 X 1 1 1 X 12459599 9881890 11273707 11869995 17118937 62604128 12459599 9881890 11273707 11869995 17118937 62604128 62604128 179107 119793 113009 122536 255455 789900 3047123 44138 100279 51720 52021 3295281 66689309 0.93870 0.94080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 4329882 50000 1219511 112000 5487393 3152884 1066340 110658 4329882 2474571 561395 116918 3152884 1972673 423528 79370 2475571 325138 1550687 38398 1914223 0.71403 0.28597 0 0 2800537 2800537 40266744 10776384 29490360 10268931 8267232 2001699 34292596 Money Market Funds 718528 F Equity Funds 11013333 F Exchange Traded Funds 10330298 F 22062159 Swap Contract 1595101 1595101 X 22130057 1793168 1329872 3123040 19007017 0 19007017 14437344 0 14437344 0 14437344 Part III, Line 1a: The Laboratory houses the Provasoli-Guillard National Center of Marine Algae and Microbiota. The Laboratory does not capitalize this collection of more than 2,700 strains of marine phytoplankton, bacteria, and viruses. The Laboratory holds the collection for educational and research purposes; the strains are available to the public. Proceeds from the sales of strain samples are used to maintain and preserve the collection. Part X, Line 2: The Laboratory qualifies as an organization exempt from federal income tax under Internal Revenue Code Section 501(c)(3) and files a Form 990 tax return. With few exceptions, the Laboratory is no longer subject to U.S. federal income tax examinations by tax authorities for years before 2018 due to the statute of limitations. The Laboratory has adopted the provisions of FASB ASC, Income Taxes. Management of the Laboratory believes it has no material uncertain tax positions, and accordingly it will not recognize any liability for unrecognized tax benefits. Part XI, Line 2d - Other Adjustments: Gain on Interest Rate Swap 1,329,872. X X X 0 0 0 0 0 0 0 0 0 Deborah Bronk President & CEO 300202 0 0 0 0 0 17100 0 5192 0 322494 0 0 0 Jennifer Cutshall Director of Advancement 193857 0 0 0 0 0 11960 0 10816 0 216633 0 0 0 William M Balch Senior Research Scientist 175225 0 0 0 0 0 10423 0 12548 0 198196 0 0 0 Ramunas Stepanauskas Senior Research Scientist 152086 0 0 0 0 0 9779 0 25270 0 187135 0 0 0 James McManus VP Research & Administration 152995 0 0 0 0 0 10014 0 18585 0 181594 0 0 0 Benjamin Twining VP Education & Research 139443 0 0 0 0 0 9320 0 20186 0 168949 0 0 0 David Fields Senior Research Scientist 130336 0 0 0 0 0 8171 0 27066 0 165573 0 0 0 David Emerson Senior Research Scientist 135092 0 0 0 0 0 8427 0 13639 0 157158 0 0 0 David Whitt CFO 133008 0 0 0 0 0 7777 0 15805 0 156590 0 0 0 Michael Lomas Senior Research Scientist 128012 0 0 0 0 0 8633 0 17302 0 153947 0 0 0 A Finance Authority of Maine 010392006 NoneAvail 2019-04-01 12914000 To refinance debt held with First National Bank 0 0 0 A 107466 12780706 25828 0 0 1 1 A 0 0 0 0 0 1 First National Bank 20.500000000000 0 0 0 0 0 X 10 325651 Fair Market Value 0 0 1 Part I, Line 32b: Bigelow has agreed with Block Island Marine Funding, Inc., a non-profit corporation that promotes the education of children through programs in marine science and marine biology, to encourage boat owners wishing to donate a boat to Bigelow to instead donate the boat to Block Island, and Block Island would arrange for the charter or sale of the boat as soon after the donation as reasonably practicable in compliance with IRS rules and regulations and remit 75% of the proceeds, less reasonable expenses, to Bigelow. Form 990, Part VI, Section A, line 2 Barbara Burgess and Bill Burgess are married. Form 990, Part VI, Section B, line 11b A copy is provided to all members of the Board before filing. Form 990, Part VI, Section B, line 12c The internal compliance committee and board compliance committee meet four times per year to review and ensure compliance activities are being followed. Form 990, Part VI, Section B, line 15a The Board reviews and approved the CEO and Director of Advancement's compensation. The Board Compensation Committee considers AIRI compensation data, salary.com, and glassdoor.com information. Salaries were bracketed by empirical data and validated by an independent committee of senior personnel in the lab. Form 990, Part VI, Section C, line 19 Bigelow publishes governing documents and financial reports on its website. The conflict of interest policy is circulated regularly and hand-delivered to employees, volunteers, board members, and board committees. Form 990, Part XI, line 9: Gain on Interest Rate Swap 1,329,872. Form 990, Part XII, Line 2c: The Audit Committee assumes responsibility for oversight of the audit and selection of an independent accountant. form 990, Part IV, Section C, Line 19: Available by request