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Oceana INC

Public charity990-T FY2023
DBA: % CHRIS SHARKEY
Environment · WASHINGTON, DC · EIN 51-0401308

About

Oceana's mission is to protect and restore the world's oceans. As the world's largest international organization focused solely on ocean conservation, oceana develops targeted, science-based, three-to-five-year campaigns to achieve practical and measurable outcomes. With offices in 9 countries and the european union, oceana benefits from local knowledge and expertise that is guided by central leadership and support in our headquarters in washington, DC. Oceana employs more than 280 individuals globally. Oceana has grown from an ambitious start-up to an international organization with a record of results on four continents. Together with our allies, we have won more than 325 significant policy victories and protected more than 4 million square miles of ocean habitat. Oceana supports science-driven ocean management in the most productive parts of the world's oceans, with teams working in countries which control nearly a quarter of the world's wild ocean fisheries (by catch): the united states, the european union countries, the united kingdom, belize, brazil, canada, chile, mexico, PERU, and the philippines. Oceana's campaigns focus on SIX strategies: - stop overfishing through science-based fishery management and by deterring illegal fishing. - reduce bycatch by improving monitoring and reporting, setting bycatch limits for fisheries, and encouraging fishers to use more selective, safer GEAR. - protect habitats and the ecosystems that depend on their health. - increase transparency of fishing activity and government decision-making processes. - CURB pollution by stopping the expansion of offshore OIL drilling and reducing the production and demand for single-use plastics. - protect species threatened by extinction from destructive commercial activities. Oceana, together with our allies have made a measurable impact on the oceans: the number of sheries with management plans has increased by 55% since 2000, and the number of sheries with catch limits has increased by 47%. We have won more than 70 policies that protect threatened marine species, including sharks, SEA turtles, and whales. In 2000, less than 1% of the waters off the countries where we currently operate were protected. In 2024, that number had increased to about 17%. Around 80,000 commercial shing vessels about 20% of the world's industrial shing EET CAN now be tracked on the global fishing watch MAP in near-real time, for free. We have passed policies that would eliminate the use of 1.9 million TONS of unnecessary single-use plastic each year by 2033, equivalent to about 190 billion plastic bottles. With sound policies in place, ocean ecosystems recover, often rapidly, and abundant fisheries return, even exceeding former levels. A fully productive ocean CAN provide a meal a day for a billion people, forever. Together with our allies, we are saving the oceans to FEED the world.

In care of Chris Sharkey

Donations are tax-deductible
Category
Environment
Employees
175
Volunteers
35,149

Financial Snapshot

FY ending 2024-12-31
Revenue
$34.7M
Expenses
$45.5M
Assets
$62.2M
Liabilities
$11.3M

Financial history

$51.9M$25.9M$0
161718192021222324
RevenueExpenses
Latest FY2024: $34.7M · Peak FY2018: $51.9M · Avg: $41.2M

Foreign activity (Schedule F)

Total spent abroad$16.7M
Foreign employees157
Foreign offices11
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
EUROPE (INCLUDING ICELAND & GREENLAND)
SOUTH AMERICA
NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES
SOUTH ASIA
CENTRAL AMERICA AND THE CARIBBEAN
EUROPE (INCLUDING ICELAND & GREENLAND)
NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES
SOUTH AMERICA

501(h) election

This 501(c)(3) elected the 501(h) safe-harbor — lobbying expenditures are capped under a clear dollar formula instead of the "insubstantial part" standard.

Political & Grant Activity

Campaign Spending
Lobbying
$649K
Grants Given
$1.6M
OCEANA INC
Your actions

Address

1025 CT Avenue NW 200
Washington, DC, 20036-000

Governance

Voting board members27
Independent members26
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Gross fundraising receipts$191K
Net to org-$88K
Retained by contractors$279K
ChannelsMail · Email · In-person · Grant solicitation
Public records
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