MARINE TECHNOLOGY SOCIETY INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
MARINE TECHNOLOGY SOCIETY INC (EIN 52-0805471)
Tax period
2024-07-01 to 2025-06-30
Filed
2025-12-09
IRS object ID
202543439349300524
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-12-09T11:34:18-06:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN582676261PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Rogers & Company PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18300 Boone Boulevard Suite 600AddressLine1Txt
CityViennaCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22182ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN520805471EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Marine Technology Society IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMARIBusinessNameControlTxt
Phone2028277171PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1One Thomas Circle Ste 700AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP200055800ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonChris OstranderPersonNm
Person TitleChief Executive OfficerPersonTitleTxt
Phone2028277171PhoneNum
Signature2025-12-09SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLori A CollingsworthPreparerPersonNm
PTINP00639819PTIN
Phone7038930300PhoneNum
Preparation2025-12-09PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerChris OstranderPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1One Thomas Circle Ste 700AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP200055800ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$7,576,355GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresshttps://www.mtsociety.org/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1963FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTo promote awareness, understanding, advancement and application of marine technology.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee12TotalEmployeeCnt
Total Volunteers175TotalVolunteersCnt
Total Gross UBI$3,730TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,214,027PYContributionsGrantsAmt
CY Contributions Grants$2,950,596CYContributionsGrantsAmt
PY Program Service Revenue$2,678,719PYProgramServiceRevenueAmt
CY Program Service Revenue$2,145,983CYProgramServiceRevenueAmt
PY Investment Income$153,443PYInvestmentIncomeAmt
CY Investment Income$648,032CYInvestmentIncomeAmt
PY Other Revenue$320,913PYOtherRevenueAmt
CY Other Revenue$381,849CYOtherRevenueAmt
PY Total Revenue$5,367,102PYTotalRevenueAmt
CY Total Revenue$6,126,460CYTotalRevenueAmt
PY Grants And Similar Paid$401,428PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$428,318CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,292,292PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,807,869CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$3,003,637PYOtherExpensesAmt
CY Other Expenses$2,916,459CYOtherExpensesAmt
PY Total Expenses$4,697,357PYTotalExpensesAmt
CY Total Expenses$5,152,646CYTotalExpensesAmt
PY Revenues Less Expenses$669,745PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$973,814CYRevenuesLessExpensesAmt
Total Assets BOY$8,933,159TotalAssetsBOYAmt
Total Assets EOY$10,370,544TotalAssetsEOYAmt
Total Liabilities BOY$845,456TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,189,296TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$8,087,703NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$9,181,248NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionFacilitate a broader understanding of the relevance of marine technology to wider global issues by enhancing the dissemination of marine technology information. Promote and improve marine technology and related educational programs. Advance the development of the tools and procedures required to explore, study and further the responsible and sustainable use of the oceans.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,327,495ExpenseAmt
Grant$245,135GrantAmt
Revenue$1,595,332RevenueAmt
DescConferences and Workshops: Annual regional, local, and international conferences on matters relating to the ocean and marine technology. Additionally, MTS offered several free-of-charge webinars during the fiscal year.MTS supports local Sections, which focus on events and programs unique to their specific geographic area in the United States and internationally.In addition, MTS operates Professional Committees ("Committees") representing technical interest groups that facilitate the exchange and transfer of technical information among professionals from academia, government, and industry. Continued in Schedule ODesc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,784,090ExpenseAmt
Grant$101,877GrantAmt
Revenue$104,008RevenueAmt
DescEducation programming: Other educational programs supporting the organization's mission.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$439,218ExpenseAmt
Grant$81,306GrantAmt
Revenue$219,416RevenueAmt
DescMATE ROV Competition: The MATE ROV Competition is an underwater robotics (aka remotely operated vehicle or ROV) challenge that engages a global community of learners each year. The MATE ROV Competition challenges students to apply math, electronics, engineering, and physics toward solving problems based on real-world workplace scenarios. The competition tasks students from K-12, community colleges and universities within five levels (EXPLORER, PIONEER, RANGER, NAVIGATOR, and SCOUT) to design, build and test underwater robots to complete specified, simulated real-world missions. Continued in Schedule ODesc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (5 entries)

ExpenseExpenseAmtRevenueRevenueAmtDescDesc
$293,576$199,939Membership: Support and service to membersThe Society's members and member companies work in all aspects of marine technology including underwater imaging and engineering; underwater vehicle design and operation; ocean observation and exploration; oceanography and meteorology; diving; mooring technology; remote sensing; offshore structures; renewable energy; marine physical and cyber security; underwater archaeology; dynamic positioning; marine law and policy; and more.Membership in the Society creates opportunities through networking, events, mentorships, and career advancement.
$176,646$276,790SeaMATE is an online store that offers beginning and intermediate underwater robotics kits, building guides and instructional materials aligned with standards, and other products that support the teaching, designing, and building of ROVs. Working at the SeaMATE store, student interns learn many aspects of running a business, from inventory to production, accounting, and product promotion, as they prepare for their future careers.
$188,554$3,630Communications: provides news and information to members and the broader marine science and technology community on a variety of channels including newsletters, MTS's website, and social media.Currents is the Society's monthly digital newsletter, focusing on society-wide and industry news and events, business announcements and information, scientific briefs and articles, and member news.
$86,058$23,658Publications: Distribution of ocean and marine technology literature and periodicalsThe Marine Technology Society Journal is the Society's flagship publication, which has been published under its current title since 1969. The Journal includes the highest caliber, peer-reviewed papers on subjects including marine technology, ocean science, marine policy, and more.
$3,603Ocean Exchange: Ocean Exchange is a global ecosystem whose mission is to accelerate the adoption of innovative solutions for healthy oceans and the sustainable blue economy by providing monetary awards, connecting innovators with experts, and promoting breakthrough technologies through a global ecosystem.
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$748,437TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$504,017TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$4,299,240TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document46IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee12EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryJAForeignCountryCd
Foreign CountryINForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldALStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldARStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
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States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
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States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
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States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
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States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The SocietyBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2028277171PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1One Thomas Circle Ste 700AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP200055800ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
Susan Hunt
President1.00Yes (X)Yes (X)$0$0$0
Gerhard Kuska began 112025
President Elect1.00Yes (X)Yes (X)$0$0$0
Justin Manley
Past President1.00Yes (X)Yes (X)$0$0$0
Jerry Miller
VP of Government and Public Affairs1.00Yes (X)Yes (X)$0$0$0
Josh Kohut
VP of Education1.00Yes (X)Yes (X)$0$0$0
Debbi Kill
VP of Budget and Finance1.00Yes (X)Yes (X)$0$0$0
Katharine Weathers
VP of Section Affairs1.00Yes (X)Yes (X)$0$0$0
Steve Hall
VP of Publications & Communications1.00Yes (X)Yes (X)$0$0$0
David Golden
VP of MATE1.00Yes (X)Yes (X)$0$0$0
Hannah Toerner began 112025
VP of ECOPs1.00Yes (X)Yes (X)$0$0$0
Jim Hanlon
VP of Research and Technology1.00Yes (X)Yes (X)$0$0$0
William Brennan began 62724
VP of Ocean Exchange1.00Yes (X)Yes (X)$0$0$0
Zdenka Willis ended 123124
Past President1.00Yes (X)Yes (X)$0$0$0
Richard Crout ended 123124
VP of Section Affairs1.00Yes (X)Yes (X)$0$0$0
Chris Ostrander
Chief Executive Officer40.00Yes (X)$295,431$0$42,584
Jill Zande
MATE Executive Director40.00$159,171$0$10,029Yes (X)
Kristina Norman
Sr. Director of Operations & Events40.00$128,549$0$7,812Yes (X)
Claire Idell
Sr. Dir, Engagement/Member Relations40.00$116,012$0$32,044Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$699,163TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$92,469TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K4IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$1,622,154GovernmentGrantsAmt
All Other Contributions$1,328,442AllOtherContributionsAmt
Noncash Contributions$60,533NoncashContributionsAmt
Total Contributions$2,950,596TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Conferences and meetings900099$1,595,332$1,595,332
MATE ROV competition900099$219,416$219,416
Membership dues900099$199,939$199,939
Consulting revenue900099$103,908$103,908
Publications and Journals513120$23,658$23,658

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,730TotalRevenueColumnAmt
Unrelated Business Revenue$3,730UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$2,145,983TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$191,016TotalRevenueColumnAmt
Exclusion$191,016ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$22,208TotalRevenueColumnAmt
Exclusion$22,208ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,505,463SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$1,048,447SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$457,016SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$457,016TotalRevenueColumnAmt
Exclusion$457,016ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$193,343FundraisingGrossIncomeAmt
Fundraising Direct Expenses$121,342FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$72,001TotalRevenueColumnAmt
Exclusion$72,001ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$556,896GrossSalesOfInventoryAmt
Cost Of Goods Sold$280,106CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$276,790TotalRevenueColumnAmt
Related Or Exempt Func Income$276,790RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOther revenueDesc
Business900099BusinessCd
Total Revenue Column$10,850TotalRevenueColumnAmt
Exclusion$10,850ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$10,850OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,126,460TotalRevenueColumnAmt
Related Or Exempt Func Income$2,419,043RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$3,730UnrelatedBusinessRevenueAmt
Exclusion$753,091ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$428,318TotalAmt
Program Services$428,318ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$520,516TotalAmt
Program Services$434,309ProgramServicesAmt
Management And General$86,207ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$967,707TotalAmt
Program Services$807,437ProgramServicesAmt
Management And General$160,270ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$44,853TotalAmt
Program Services$37,424ProgramServicesAmt
Management And General$7,429ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$165,586TotalAmt
Program Services$138,162ProgramServicesAmt
Management And General$27,424ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$109,207TotalAmt
Program Services$91,120ProgramServicesAmt
Management And General$18,087ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$148,247TotalAmt
Management And General$148,247ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$17,064TotalAmt
Management And General$17,064ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$531,644TotalAmt
Program Services$485,936ProgramServicesAmt
Management And General$45,708ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$7,739TotalAmt
Program Services$7,739ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$159,299TotalAmt
Program Services$91,054ProgramServicesAmt
Management And General$68,245ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$90,285TotalAmt
Program Services$20,385ProgramServicesAmt
Management And General$69,900ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$17,716TotalAmt
Program Services$1,120ProgramServicesAmt
Management And General$16,596ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$82,907TotalAmt
Program Services$37,579ProgramServicesAmt
Management And General$45,328ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,767,432TotalAmt
Program Services$1,686,894ProgramServicesAmt
Management And General$80,538ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$3,480TotalAmt
Management And General$3,480ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$58,883TotalAmt
Management And General$58,883ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescMTS JournalDesc
Total$31,763TotalAmt
Program Services$31,763ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,152,646TotalAmt
Program Services$4,299,240ProgramServicesAmt
Management And General$853,406ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,632,288BOYAmt
EOY$935,421EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$333,581BOYAmt
EOY$818,509EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$234,388BOYAmt
EOY$738,455EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$116,950BOYAmt
EOY$80,814EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$131,598BOYAmt
EOY$108,440EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$27,240LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$25,202LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$5,518BOYAmt
EOY$2,038EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$6,478,836BOYAmt
EOY$7,127,268EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$559,599EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$8,933,159BOYAmt
EOY$10,370,544EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$565,927BOYAmt
EOY$558,186EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$113,555BOYAmt
EOY$284,422EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$165,974BOYAmt
EOY$346,688EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$845,456BOYAmt
EOY$1,189,296EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,974,558BOYAmt
EOY$8,583,781EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$113,145BOYAmt
EOY$597,467EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,087,703BOYAmt
EOY$9,181,248EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,933,159BOYAmt
EOY$10,370,544EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$973,814ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$119,731NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$51,555CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$296,796CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$112,220CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,214,027CurrentTaxYearMinus1YearAmt
Current Tax Year$2,950,596CurrentTaxYearAmt
Total$5,625,194TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$232,808CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,407,765CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,917,303CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,199,212CurrentTaxYearMinus1YearAmt
Current Tax Year$2,699,149CurrentTaxYearAmt
Total$9,456,237TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$15,505CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$140,027CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$243,128CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$178,355CurrentTaxYearMinus1YearAmt
Current Tax Year$204,193CurrentTaxYearAmt
Total$781,208TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$299,868CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,844,588CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,272,651CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,591,594CurrentTaxYearMinus1YearAmt
Current Tax Year$5,853,938CurrentTaxYearAmt
Total$15,862,639TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$19,218CurrentTaxYearMinus1YearAmt
Current Tax Year$7,236CurrentTaxYearAmt
Total$26,454TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$19,218CurrentTaxYearMinus1YearAmt
Current Tax Year$7,236CurrentTaxYearAmt
Total$26,454TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$15,836,185PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$163,995CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$94,214CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$116,989CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$182,969CurrentTaxYearMinus1YearAmt
Current Tax Year$213,224CurrentTaxYearAmt
Total$771,391TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$163,995CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$94,214CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$116,989CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$182,969CurrentTaxYearMinus1YearAmt
Current Tax Year$213,224CurrentTaxYearAmt
Total$771,391TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$8,721CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$41,421CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$8,000CurrentTaxYearMinus1YearAmt
Total$58,142TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$463,863CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,947,523CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,431,061CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,782,563CurrentTaxYearMinus1YearAmt
Current Tax Year$6,067,162CurrentTaxYearAmt
Total$16,692,172TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.94870PublicSupportCY509Pct
Public Support PY5090.93450PublicSupportPY509Pct
Investment Income CY0.04620InvestmentIncomeCYPct
Investment Income PY0.05880InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule A, Part III, Line 12, Explanation of Other Income:FormAndLineReferenceDesc
ExplanationCC Rewards/ Other Misc Receipts - 2020 Amount: $ 0. 2021 Amount: $ 8,721. 2022 Amount: $ 41,421. 2023 Amount: $ 8,000. 2024 Amount: $ 0.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$27,240OtherCostOrOtherBasisAmt
Depreciation$25,202DepreciationAmt
Book Value$2,038BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,038TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
Due from Ocean Exchange$529,020
Right-of-use asset - operating lease$30,579
FieldValueIRS element (for citing)
Total Book Value Other Assets$559,599TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
Funds held for Oceans Conferences$141,775
Refundable advances$174,334
Lease liability$30,579
FieldValueIRS element (for citing)
Total Liability$346,688TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$6,664,096TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$119,731NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$33,521DonatedServicesAndUseFcltsAmt
Other Revenue$401,448OtherRevenueAmt
Revenue Not Reported$554,700RevenueNotReportedAmt
Revenue Subtotal$6,109,396RevenueSubtotalAmt
Investment Expenses Not Incld$17,064InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$17,064RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$6,126,460TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,570,551TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$33,521DonatedServicesUseFcltsAmt
Other Expenses Included$401,448OtherExpensesIncludedAmt
Expenses Not Reported$434,969ExpensesNotReportedAmt
Expenses Subtotal$5,135,582ExpensesSubtotalAmt
Investment Expenses Not Incld2$17,064InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$17,064ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$5,152,646TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part X, Line 2:Management has evaluated MTS's tax positions and concluded that MTS's financial statements do not include any uncertain tax positions.
Part XI, Line 2d - Other Adjustments:Special events direct expenses 121,342. Cost of goods sold- SeaMATE 280,106.
Part XII, Line 2d - Other Adjustments:Special events direct expenses 121,342. Cost of goods sold- SeaMATE 280,106.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionEuropeRegionTxt
Offices0OfficesCnt
Employee0EmployeeCnt
Type Of Activities ConductedProgram ServicesTypeOfActivitiesConductedTxt
Specific Services ProvidedOCEANS 2025 BrestSpecificServicesProvidedTxt
Region Total Expenditures$232,545RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$232,545SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$232,545TotalSpentAmt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, line 3:FormAndLineReferenceDesc
ExplanationForeign expenses are directly tracked and accounted for on the accrual method of accounting.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Houston Clay ShootEvent1Nm
Gross Receipts Event1$159,030GrossReceiptsEvent1Amt
Gross Revenue Event1$159,030GrossRevenueEvent1Amt
Rent Facility Costs Event1$79,265RentFacilityCostsEvent1Amt
Other Direct Expenses Event1$25,969OtherDirectExpensesEvent1Amt
Event2Houston BBQEvent2Nm
Gross Receipts Event2$34,313GrossReceiptsEvent2Amt
Gross Revenue Event2$34,313GrossRevenueEvent2Amt
Rent Facility Costs Event2$7,561RentFacilityCostsEvent2Amt
Food And Beverage Event2$8,547FoodAndBeverageEvent2Amt
Gross Receipts Total$193,343GrossReceiptsTotalAmt
Gross Revenue Total Events$193,343GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$86,826RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$8,547FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$25,969OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$121,342DirectExpenseSummaryEventsAmt
Net Income Summary$72,001NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmt
Scholarships20$69,300$0
Sponsorships and Awards26$55,699$0
Travel Support140$303,319$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
ExplanationAn open solicitation for scholarship applications is held and applications are first reviewed by staff to ensure proper format and completeness. The prepared scholarship package is then sent to a committee for grading and selection of the recipients. Funds are disbursed directly to the bursar of the colleges attended who then apply funds to the scholarship winners' tuition.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Payments For Use Of ResidenceYes (X)PaymentsForUseOfResidenceInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation Required0SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Chris Ostrander
Chief Executive Officer$268,031$0$25,000$0$2,400$0$15,360$0$27,224$0$338,015$0$0$0
Jill Zande
MATE Executive Director$152,771$0$4,000$0$2,400$0$8,047$0$1,982$0$169,200$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 1aFormAndLineReferenceDesc
ExplanationEmployees receive a $200 per month stipend (amount subject to change annually) as a remote-working allowance to cover office related costs. This is reported as taxable compensation on Form W-2.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$47,736NoncashContributionsRptF990Amt
Method Of Determining RevenuesFair Market ValueMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescEquipmentDesc
Contribution8ContributionCnt
Noncash Contributions Rpt F990$12,797NoncashContributionsRptF990Amt
Method Of Determining RevenuesFair Market ValueMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (13 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part III, Line 4a, Conferences and Workshops:Committees are focusing on the concerns of the specific subject area within three major groups: Research, Industry, and Technology; Government and Public Affairs; and Education.
Form 990, Part III, Line 4c, MATE ROV Competition:Students also must organize themselves into mock companies, encouraging them to develop entrepreneurial thinking and business and project management skills while spurring innovation and collaboration to produce and compete with ROVs.
Form 990, Part VI, Section A, line 1aThe Executive Committee is comprised of the President, President Elect, and Immediate Past President. The Committee meets as needed to approve changes to CEO/Executive Director's salary and benefit package, CEO/Executive Director's tenure, and to carry out any other duties and actions identified by the Board of Directors.
Form 990, Part VI, Section A, line 4On April 11, 2025, MTS entered into a Transaction Agreement ("the Agreement") with Ocean Exchange, Inc. (OE), a Georgia not-for-profit organization. Under the terms of the Agreement, OE agreed to assign and transfer substantially all of its assets and associated liabilities to MTS. This merger marks a significant milestone in the marine technology industry, ensuring innovation to support a sustainable and thriving future for the world's oceans remains central to the MTS mission. By combining expertise and resources, MTS and Ocean Exchange are committed to advancing innovation, strengthening the ocean workforce, and accelerating the transition of groundbreaking technologies into real-world applications. The MTS By-laws were updated in May of 2025 to add an additional board seat- VP of Ocean Exchange.
Form 990, Part VI, Section A, line 6The Society has dues paying members. The classes of MTS membership are as follows: Individual member, Student member, Associate member, Emeritus member, Patron member, Corporate Gold member, Corporate Silver member, Corporate Platinum member, Life member, Small Business member, Institutional member, ECOP member. Any member shall be eligible to vote on any action, so long as the member's name appears on the rolls of the Society in good standing as of a date set by the Board not more than fifty (50) nor less than ten (10) days before the date of the meeting.
Form 990, Part VI, Section A, line 7aAll officers shall be elected by a plurality of Members eligible to vote, in person and by proxy, at the Annual Meeting. Each Member is entitled to one vote.
Form 990, Part VI, Section B, line 11bForm 990 is prepared by an independent accounting firm and reviewed by the Society's Executive Director and Treasurer/VP of Budget and Finance. The 990 is then provided to the full Board of Directors prior to the filing with the Internal Revenue Service
Form 990, Part VI, Section B, line 12cThe Society requires completion of annual disclosure form of any potential conflicts of interest by all officers, directors, and committee chairs.
Form 990, Part VI, Section B, line 15The Society's Board of Directors approves the compensation of the CEO/Executive Director and documents the arrangement through an employment contract.
Form 990, Part VI, Section C, line 18Form 990 is made available to the public on the Society's website.
Form 990, Part VI, Section C, line 19The Society makes its Form 1023, governing documents, conflict of interest policy, and financial statements available upon request.
Form 990, Part IX, line 11gConsultants and contractors: Program service expenses 485,936. Management and general expenses 45,708. Fundraising expenses 0. Total expenses 531,644.
Form 990, Part XII, Line 2c:The Society has a Budget and Finance Committee responsible for the oversight of the audit and selection of the independent accountant. The process has not changed from prior years.

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