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Marine Technology Society Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Science and Technology Research Institutes, Services / Marine Science and Oceanography (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$2.31M (2023)

Expenses
$2.58M (2023)

Total Assets
$7.35M (2023)

Total Liabilities
$516k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,309,568
Expenses
$2,575,486
Net Income
-$265,918
Net Assets
$6,834,551
Notable Sources of Revenue Percent of Total Revenue
Contributions $112,220
4.9%
Program Services $1,920,726
83.2%
Investment Income $114,260
4.9%
Bond Proceeds $0
Royalties $2,729
0.1%
Rental Property Income $0
Net Fundraising $124,153
5.4%
Sales of Assets -$5,941
Net Inventory Sales $0
Other Revenue $41,421
1.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $237,360
9.2%
Professional Fundraising Fees $0
Other Salaries and Wages $338,713
13.2%
Assets/Debt
Total Assets $7,350,561
Total Liabilities $516,010
Net Assets $6,834,551
Compensation
Key Employees and Officers Compensation Related Other
Christopher Ostrander (Chief Executive Officer) $161,354 $0 $23,454
Kristina Norman (Senior Director Events & Operations) $130,053 $0 $7,545
Justin Manley (President) $0 $0 $0
Zdenka Willis (Past President) $0 $0 $0
Susan Hunt (President Elect) $0 $0 $0
Jim Hanlon (Vp Of Research/Industry & Technology) $0 $0 $0
Liesl Hotaling (Vp Of Communications) $0 $0 $0
Richard Crout (Vp Of Section Affairs) $0 $0 $0
Debbi Kill (Vp Of Budget & Finance And Treasurer) $0 $0 $0
Jerry Miller (Vp Of Government & Public Affairs) $0 $0 $0
Josh Kohut (Vp Of Education) $0 $0 $0
Katharine Weathers (Vp Of Ecop (Began 1/1/23)) $0 $0 $0
Alfredo Giron (Vp Of Ecop (Ended 12/31/22)) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,889,360
Expenses
$1,776,751
Net Income
$112,609
Net Assets
$6,675,726
Notable Sources of Revenue Percent of Total Revenue
Contributions $296,796
15.7%
Program Services $1,407,765
74.5%
Investment Income $94,214
5.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $57,175
3.0%
Sales of Assets $24,689
1.3%
Net Inventory Sales $0
Other Revenue $8,721
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $189,213
10.6%
Professional Fundraising Fees $0
Other Salaries and Wages $281,864
15.9%
Assets/Debt
Total Assets $7,132,686
Total Liabilities $456,960
Net Assets $6,675,726
Compensation
Key Employees and Officers Compensation Related Other
Kathleen Herndon (Executive Dir.) $164,800 $0 $7,066
Kristina Norman (Director Of Events) $112,923 $0 $7,289
Debbi Kill (Vp Budget & Fin) $0 $0 $0
Zdenka Willis (President) $0 $0 $0
Liesl Hotaling (Vp Communicat.) $0 $0 $0
Justin Manley (President Elect) $0 $0 $0
Alfredo Giron (Vp Of Ecop) $0 $0 $0
Richard Crout (Vp Sec. Affairs) $0 $0 $0
Mike Pinto (Vp Budget&Fin.) $0 $0 $0
Jim Hanlon (Vp Research/Ind) $0 $0 $0
Jerry Miller (Vp Govt Affairs) $0 $0 $0
Josh Kohut (Vp Education) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$493,560
Expenses
$1,217,947
Net Income
-$724,387
Net Assets
$7,364,262
Notable Sources of Revenue Percent of Total Revenue
Contributions $51,555
10.4%
Program Services $232,808
47.2%
Investment Income $153,239
31.0%
Bond Proceeds $0
Royalties $10,756
2.2%
Rental Property Income $0
Net Fundraising -$19,097
Sales of Assets $64,299
13.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $172,514
14.2%
Professional Fundraising Fees $0
Other Salaries and Wages $240,434
19.7%
Assets/Debt
Total Assets $8,187,067
Total Liabilities $822,805
Net Assets $7,364,262
Compensation
Key Employees and Officers Compensation Related Other
Kathleen Herndon (Executive Dir.) $166,300 $0 $6,784
Kristina Norman (Director Of Events) $100,741 $0 $7,658
Donna Kocak (Past President) $0 $0 $0
Richard Spinrad (Past President) $0 $0 $0
Zdenka Willis (President) $0 $0 $0
Andrew Clark (Vp Resch & Tech) $0 $0 $0
Liesl Hotaling (Vp Communicat.) $0 $0 $0
Justin Manley (President Elect) $0 $0 $0
Alfredo Giron (Vp Of Ecop) $0 $0 $0
Richard Crout (Vp Sec. Affairs) $0 $0 $0
Mike Pinto (Vp Budget&Fin.) $0 $0 $0
Jim Hanlon (Vp Research/Ind) $0 $0 $0
Jerry Miller (Vp Govt Affairs) $0 $0 $0
Josh Kohut (Vp Education) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,252,266
Expenses
$2,507,475
Net Income
-$255,209
Net Assets
$6,954,855
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,967
0.2%
Program Services $1,202,369
53.4%
Investment Income $155,320
6.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $89,095
4.0%
Sales of Assets $796,990
35.4%
Net Inventory Sales $0
Other Revenue $3,525
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $181,400
7.2%
Professional Fundraising Fees $0
Other Salaries and Wages $387,316
15.4%
Assets/Debt
Total Assets $7,406,627
Total Liabilities $451,772
Net Assets $6,954,855
Compensation
Key Employees and Officers Compensation Related Other
Kathleen Herndon (Executive Dir.) $172,846 $0 $7,585
Donna Kocak (Past President) $0 $0 $0
Richard Spinrad (President) $0 $0 $0
Zdenka Willis (President Elect) $0 $0 $0
Andrew Clark (Vp Resch & Tech) $0 $0 $0
Liesl Hotaling (Vp Education) $0 $0 $0
Erika Montague (Vp Comms) $0 $0 $0
Richard Crout (Vp Sec. Affairs) $0 $0 $0
Mike Pinto (Treasurer) $0 $0 $0
Jerry Miller (Vp Govt Affairs) $0 $0 $0
Josh Kohut (Vp Education) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,871,813
Expenses
$2,840,068
Net Income
$31,745
Net Assets
$7,998,812
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,195
0.1%
Program Services $2,640,161
91.9%
Investment Income $98,250
3.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $68,788
2.4%
Sales of Assets $57,707
2.0%
Net Inventory Sales $0
Other Revenue $4,712
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $172,536
6.1%
Professional Fundraising Fees $0
Other Salaries and Wages $190,374
6.7%
Assets/Debt
Total Assets $8,618,824
Total Liabilities $620,012
Net Assets $7,998,812
Compensation
Key Employees and Officers Compensation Related Other
Kevyan Ann Sly 9118 123118 (Deputy Exec Dir) $132,635 $0 $14,400
Kevin Traver Thru 52018 (Former Exec Dir) $124,371 $0 $7,900
Donna Kocak (Past President) $0 $0 $0
Richard Spinrad (President) $0 $0 $0
Zdenka Willis (President Elect) $0 $0 $0
Andy Clark (Vp Of Research) $0 $0 $0
Liesl Hotaling (Vp Education) $0 $0 $0
Craig Mc Lean (Vp Govt Affairs) $0 $0 $0
Erika Montague (Vp Comms) $0 $0 $0
Richard Crout (Vp Sec. Affairs) $0 $0 $0
Mike Pinto (Treasurer) $0 $0 $0
Kathleen Herndon 1119 Curr (Executive Dir.) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,983,768
Expenses
$3,178,979
Net Income
-$195,211
Net Assets
$7,738,390
Notable Sources of Revenue Percent of Total Revenue
Contributions $39,684
1.3%
Program Services $2,644,198
88.6%
Investment Income $115,546
3.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $73,539
2.5%
Sales of Assets $64,698
2.2%
Net Inventory Sales $0
Other Revenue $46,103
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $401,363
12.6%
Professional Fundraising Fees $0
Other Salaries and Wages $94,752
3.0%
Assets/Debt
Total Assets $8,619,694
Total Liabilities $881,304
Net Assets $7,738,390
Compensation
Key Employees and Officers Compensation Related Other
Kevin Traver Thru 52018 (Executive Dir.) $224,654 $0 $18,582
Kevyan Ann Sly 9118 123118 (Deputy Exec Dir) $122,665 $0 $13,251
Donna Kocak (President) $0 $0 $0
Richard Spinrad (President Elect) $0 $0 $0
Ray Toll (Imm. Past Pres) $0 $0 $0
Andy Clark (Vp Of Research) $0 $0 $0
Liesl Hotaling (Vp Education) $0 $0 $0
Craig Mc Lean (Vp Govt & Pa) $0 $0 $0
Erika Montague (Vp Publications) $0 $0 $0
Doug Wilson (Vp Sect Affairs) $0 $0 $0
Mike Pinto (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,941,124
Expenses
$3,374,640
Net Income
-$433,516
Net Assets
$7,715,578
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,107
0.2%
Program Services $2,714,149
92.3%
Investment Income $94,005
3.2%
Bond Proceeds $0
Royalties $2,581
0.1%
Rental Property Income $0
Net Fundraising $76,126
2.6%
Sales of Assets $48,263
1.6%
Net Inventory Sales $0
Other Revenue $893
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $217,157
6.4%
Professional Fundraising Fees $0
Other Salaries and Wages $350,636
10.4%
Assets/Debt
Total Assets $8,378,104
Total Liabilities $662,526
Net Assets $7,715,578

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,570,578
Expenses
$3,274,555
Net Income
$296,023
Net Assets
$7,618,208
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,069
0.2%
Program Services $3,182,839
89.1%
Investment Income $432,342
12.1%
Bond Proceeds $0
Royalties $3,364
0.1%
Rental Property Income $0
Net Fundraising $82,754
2.3%
Sales of Assets -$138,363
Net Inventory Sales $0
Other Revenue $573
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $318,488
9.7%
Professional Fundraising Fees $0
Other Salaries and Wages $239,884
7.3%
Assets/Debt
Total Assets $8,169,139
Total Liabilities $550,931
Net Assets $7,618,208
Compensation
Key Employees and Officers Compensation Related Other
Richard Lawson (Executive Director (Until 10/30/2015)) $179,712 $0 $3,319
Chris Barrett (Interim Executive Director) $124,754 $0 $10,703
Raymond Toll (President) $0 $0 $0
Drew Michel (Past President) $0 $0 $0
Donna Kocak (President Elect) $0 $0 $0
Mike Pinto (Treasurer) $0 $0 $0
Andy Clark (Vp Industry And Technology) $0 $0 $0
Liesl Hotaling (Vp Education & Research) $0 $0 $0
Justin Manley (Vp Government & Public Affairs) $0 $0 $0
Erika Montague (Vp Publications) $0 $0 $0
Doug Wilson (Vp Sections) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,763,698
Expenses
$2,349,356
Net Income
$414,342
Net Assets
$7,608,891
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,730
0.2%
Program Services $2,264,968
82.0%
Investment Income $124,519
4.5%
Bond Proceeds $0
Royalties $1,540
0.1%
Rental Property Income $0
Net Fundraising $194,190
7.0%
Sales of Assets $170,352
6.2%
Net Inventory Sales $0
Other Revenue $3,399
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $175,207
7.5%
Professional Fundraising Fees $0
Other Salaries and Wages $267,212
11.4%
Assets/Debt
Total Assets $7,959,901
Total Liabilities $351,010
Net Assets $7,608,891
Compensation
Key Employees and Officers Compensation Related Other
Richard Lawson (Executive Director) $166,864 $0 $8,343
Raymond Toll (President) $0 $0 $0
Drew Michel (Past President) $0 $0 $0
Donna Kocak (President Elect) $0 $0 $0
Mike Pinto (Treasurer) $0 $0 $0
Andy Clark (Vp Industry And Technology) $0 $0 $0
Liesl Hotaling (Vp Education & Research) $0 $0 $0
Justin Manley (Vp Government & Public Affairs) $0 $0 $0
Erika Montague (Vp Publications) $0 $0 $0
Doug Wilson (Vp Sections) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,740,196
Expenses
$2,298,356
Net Income
$441,840
Net Assets
$7,525,953
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,718
0.2%
Program Services $2,288,670
83.5%
Investment Income $220,466
8.0%
Bond Proceeds $0
Royalties $545
0.0%
Rental Property Income $0
Net Fundraising $200,011
7.3%
Sales of Assets $25,068
0.9%
Net Inventory Sales $0
Other Revenue $718
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $166,112
7.2%
Professional Fundraising Fees $0
Other Salaries and Wages $387,972
16.9%
Assets/Debt
Total Assets $7,914,383
Total Liabilities $388,430
Net Assets $7,525,953
Compensation
Key Employees and Officers Compensation Related Other
Richard Lawson (Executive Director) $158,313 $0 $7,799
Drew Michel (President) $0 $0 $0
Jerry Boatman (Past President) $0 $0 $0
Richard Spinrad (President Elect) $0 $0 $0
Lisa Medeiros (Vp Section Affairs) $0 $0 $0
Liesl Hotaling (Vp Education & Research) $0 $0 $0
Justin Manley (Vp Gov't & Public Affairs) $0 $0 $0
Donna Kocak (Vp Publications) $0 $0 $0
Debbi Kill (Treasurer) $0 $0 $0
Raymond Toll (Vp Industry And Technology) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,353,805
Expenses
$2,022,053
Net Income
$331,752
Net Assets
$6,577,102
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,054
0.3%
Program Services $2,026,077
86.1%
Investment Income $110,905
4.7%
Bond Proceeds $0
Royalties $24
0.0%
Rental Property Income $0
Net Fundraising $153,162
6.5%
Sales of Assets $43,164
1.8%
Net Inventory Sales $0
Other Revenue $12,419
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $169,970
8.4%
Professional Fundraising Fees $0
Other Salaries and Wages $353,916
17.5%
Assets/Debt
Total Assets $7,002,809
Total Liabilities $425,707
Net Assets $6,577,102

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,223,732
Expenses
$2,023,833
Net Income
$199,899
Net Assets
$5,946,046
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,170
0.5%
Program Services $1,921,601
86.4%
Investment Income $107,835
4.8%
Bond Proceeds $0
Royalties $331
0.0%
Rental Property Income $0
Net Fundraising $181,770
8.2%
Sales of Assets -$687
Net Inventory Sales $0
Other Revenue $2,712
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $165,339
8.2%
Professional Fundraising Fees $0
Other Salaries and Wages $320,637
15.8%
Assets/Debt
Total Assets $6,176,661
Total Liabilities $230,615
Net Assets $5,946,046

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,137,566
Expenses
$1,876,020
Net Income
$261,546
Net Assets
$5,862,568
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,518
0.4%
Program Services $1,787,187
83.6%
Investment Income $95,602
4.5%
Bond Proceeds $0
Royalties $2,011
0.1%
Rental Property Income $0
Net Fundraising $153,272
7.2%
Sales of Assets $82,373
3.9%
Net Inventory Sales $0
Other Revenue $9,603
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $164,446
8.8%
Professional Fundraising Fees $0
Other Salaries and Wages $340,917
18.2%
Assets/Debt
Total Assets $6,094,687
Total Liabilities $232,119
Net Assets $5,862,568

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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