Executive compensation
Form 990-PF · Part VIII · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Science & Technology organizations in California.
| Position | Total |
|---|---|
Executive Director 75th to 90th percentile | $523k $557k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 4 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at Schmidt Ocean Institute equaled 1% of the organization's total expenses. The median for science & technology organizations is 9%.
Based on 1,078 science & technology organizations, each measured at its most recent filing year with reported expenses and compensation.
Grants paid
Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.
Total granted
$707k
Itemized grants
19
Median grant
$6k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| The Regents of the University of California | Berkeley, CA | Seawater measurements to track ocean acidification | $180k |
| Marine Technology Society Inc | Washington, DC | MATE ROV Competition | $100k |
| University of South Florida Foundation Inc | Tampa, FL | To support university programs that broaden access to the OCEAN STEAM fields and related blue economy workforce | $100k |
| University Corporation for Atmospheric Research | Boulder, CO | National Oceans Science Bowl 2024 | $100k |
| Nautilus Think Inc | New York, NY | To produce original content on the UN Ocean Decade and ocean research | $50k |
| Marine Technology Society Inc | Washington, DC | MATE ROV 2024 Competition and Championship | $50k |
| MONGABAYORG CORPORATION | Menlo Park, CA | Scientific Expeditions series | $35k |
| Fundacion TBA21 | SP | UN Ocean Decade confeence | $34k |
| World Ocean Observatory | Sedgwick, ME | World Ocean Explorer Exhibits 2024 | $15k |
| Marine Technology Society Inc | Washington, DC | Marine Technology Society Sponsorship - Oceans (Global) Student Poster Competition | $6k |
| Smithsonian Institution | Washington, DC | Summit on Ocean Biodiversity reception | $5k |
| Institute of Electrical and Electronic Engineers | New York, NY | IEEE AUV Symposium 2024 | $5k |
| Institute of Electrical and Electronic Engineers | New York, NY | IEEE Marine Imaging Workshop 5 | $5k |
| Gordon Research Conferences | East Greenwich, RI | Gordon Research Conference on Ocean Mixing | $5k |
| Bigelow Laboratory for Ocean Sciences | East Boothbay, ME | OceanHackWeek 2024 | $5k |
| Escuela Rural San Miguel Conimo | CI | To support the ship-to-shore connection with local public school | $5k |
| Envision Excellence in STEM Education | Cleveland Heights, OH | National STEM Festival -- student scholarships | $4k |
| Society for In Vitro Biology Incorporated | Millersville, MD | SIVB 16th International Conference sponsorship | $3k |
| IOOS Association | Silver Spring, MD | IOOS Committee Meeting Jul 2024 | $500 |
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Down 7%
from 2023
From $562k in 2023 to $523k in 2024.
Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay fell 7% from 2023 to 2024, while revenue fell 88%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
Schmidt Ocean Institute reported revenue and expenses across 2 filing years.
This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.
What Science & Technology executives earn in California
Comparable science & technology organizations in California pay their highest-earning executive a median of $151,291.
These are science & technology sector-wide figures, not this organization's reported pay. Based on 203 organizations across 203 filings (2021 – 2024).
See full Science & Technology pay data for California →Common questions about Schmidt Ocean Institute
What does the Chief Executive Officer of Schmidt Ocean Institute earn?
In 2024, the Chief Executive Officer of Schmidt Ocean Institute received $522,701 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Science & Technology organizations in California, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at Schmidt Ocean Institute compare with similar nonprofits?
Compared with the same role at Science & Technology organizations in California, the 2024 pay of the Chief Executive Officer at Schmidt Ocean Institute falls between the 75th and 90th percentiles. In 2024, the highest total compensation at Schmidt Ocean Institute equaled 1% of the organization's total expenses. The median for science & technology organizations is 9%.
What are Schmidt Ocean Institute's revenue and expenses?
In 2024, Schmidt Ocean Institute reported $9.4M in total revenue and $36.9M in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.
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