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The 990 read · EIN 04-2105850 · MA · Fiscal year 2024

Woods Hole Oceanographic Institution

Woods Hole Oceanographic Institution: CEO salary, finances and where donations go

Figures from Woods Hole Oceanographic Institution's latest Form 990.

Data only Figures straight from the filing, screened by our rules. Not yet reviewed in depth by a CPA.

Methodology by Amir Arani, CPA, CA · Updated

Top pay
$768K Richard Murray, 0.2% of spending
Revenue
$344.3M 96.3% from donations and grants
Spent
$353.2M 87% on programs, as reported
Net assets
$638.7M end of 2024
Savings
21.7 months of spending, net assets ÷ spending
People
1,446 employees, 61 volunteers
Form 990 (2024), Parts I, VII, IX, X
01 · Red flags

1 thing to look at.

We screen every filing against twelve rules. A flag is a prompt for a closer look, not a finding of wrongdoing.

high

Professional fundraisers kept most of what they raised

Fundraisers were paid $362,606 against $140,199 raised, more than they brought in. Likely flat fees or a filing error; check Schedule G.

Schedule G Part I, line 2b
02 · Where $1 goes · 2024

Of each dollar it spent, 87.0¢ went to programs, as reported.

The split the charity filed.
87.0¢
Programs, $307.4M
1.5¢
Fundraising, $5.2M
11.5¢
Admin, $40.6M
Form 990 (2024), Part IX, line 25
Cost to raise $1
2¢
as reported

For each dollar donated, Woods Hole Oceanographic Institution spent 2¢ on fundraising.

Fundraising ÷ $331.7M contributions · Form 990 Parts VIII, IX
03 · What it does

What it told the IRS it spent on.

The charity's own description of its largest programs, with what each cost.

Program 1 · 5.5% of program spending · $820K in grants $17.0M

Education: joint graduate program with m. I.t. In the marine sciences. In 2024, there were 149 graduate students, 35 degree recipients, 37 post-doctoral scholars and fellows, 10 geophysical fluid dynamics program participants, 27 summer student fellows and 123 guest students.

Form 990 (2024), Part III
04 · The savings

Net assets: $360.4M to $638.7M in 11 years.

Net assets at each fiscal year end, 2013 to 2024.

Net assets at year end, $ millions
360
334
342
338
365
356
386
434
519
560
603
639
Form 990 history via ProPublicaForm 990 (2024)
05 · Who gets paid

The 8 highest-paid people.

Reportable pay in 2024, from the charity and related organizations.

Richard Murray
Dd & VP Sci & Eng (until 9/24)
$767,692
Peter De Menocal
President/Director
$682,313
Kathryn Link
VP Ops & CFO
$543,958
Robert Munier
VP Marine Facilities & Ops
$413,668
Samuel Harp
VP for Advancement & Cmo
$405,704
George C Clayton
Chief Development Officer
$332,776
Keith Glavin
Sr. Dir. Information Systems
$325,819
Kent Sheasley
Master Ship Operations
$322,643
Form 990 (2024), Part VII, Section A
Largest outside contractors
ContractorServicePaid
41 North Offshore LLCDocking services$1,843,815
Mc Garr Service CorpCleaning services$1,127,220
Barry International Forwarding IncFreight services$1,002,739
Makse Group LLCSoftware development$903,712
Ws Shultz Co IncConstruction service$851,569
Form 990 (2024), Part VII, Section B
06 · Questions

The questions people ask about the Woods Hole Oceanographic Institution.

Short, sourced answers. Each one stands on its own.

How much does the Woods Hole Oceanographic Institution CEO make?

Richard Murray, Dd & VP Sci & Eng (until 9/24), received $767,692 in reportable compensation in 2024, 0.2% of Woods Hole Oceanographic Institution's $353.2M in spending.

Form 990 (2024), Part VII

What percentage of Woods Hole Oceanographic Institution donations go to programs?

Woods Hole Oceanographic Institution reported 87% of 2024 spending as programs, 1.5% as fundraising and 11.5% as management.

Form 990 (2024), Part IX

How much money does Woods Hole Oceanographic Institution have?

Net assets were $638.7M at the end of 2024, about 21.7 months of spending.

Form 990 (2024), Part X

Does Woods Hole Oceanographic Institution have any red flags in its filing?

Its latest Form 990 triggered 1 of our twelve screening rules: professional fundraisers kept most of what they raised. A flag is a prompt for a closer look, not a finding of wrongdoing.

Form 990 (2024)
07 · Sources and citing

Every number, traced.

  1. Woods Hole Oceanographic Institution Form 990, 2024 (IRS e-file)
  2. Woods Hole Oceanographic Institution Form 990 history (ProPublica Nonprofit Explorer)
Cite this page

Amir Arani, “Woods Hole Oceanographic Institution: CEO salary, finances and where your dollar goes,” Charity Math, updated 2026-11-07. https://charitymath.com/charities/woods-hole-oceanographic-institution/