Annual Report 2015-2016

Dauphin Island Sea Lab Foundation

Annual Overview

2015-2016

 

Financial Information

DISLF began FY 2015-2016 with total Checking of $145,744.65 on October 1, 2015. The Community Foundation of South Alabama had a total of $831,667.98, with DISLF Fund at $517,926.74 and the George Crozier Fund at $243,741.24, for total assets of $977,412.63.

Ending balances for 2015-2016 for Total Checking was $ $136,700.08 and a savings balance of $150,219.73. Community Foundation had a total of $1,302,286.98 for total assets of $ 1,589,206.79. an increase of 38% over LY.

$60,000 was transferred to the DISLF Fund from the operating budget after Cocktails with the Critters.

 

Endowments

The Foundation has two funds at the CFSA; The George Crozier Endowment Fund which was established with a matching grant from the Kresge Foundation, which is governed by the restrictive rules, established by Kresge. The second fund is the DISLF Endowment Fund, which has been funded through the fundraising efforts of the Foundation. The Rules for the DISLF Fund are more flexible, however, the goal is to keep all the money in the CFSA and to fund projects for the Sea Lab as needed from the interest income. The Principal of each is to remain untouched.

 

Other Income

Assistant US Attorney Mike Anderson, contacted DISLF to inform us that a Norwegian shipping vessel had been convicted of illegally dumping oily bilge water into the Gulf of Mexico. The case was prosecuted in Federal Court in Mobile and the government was authorized to designate a local community group to receive a portion of the fine imposed on DSD.   At the sentencing phase, the fine was set at $2 million, and the DISLF was awarded $500,000 of the imposed fine.

           

  1. BP Settlement-DISLF received a settlement from the BP oil spill. According to the report from Cunningham Bounds, LLC the funds breakdown from the BP settlement are as follows:

                        Total Payment: $84,386.83

                        Attorney Fees: $11,103.02

                        Net Amount:    $70,878.81

 

 

Projects Funded at the Sea Lab by DISLF

$72,000 Estuarium Addition-From Friends of the Sea Lab Income

$ 5,000 Discovery Hall Bus -From a grant from Wells Fargo

$13,000 Vernier Lab Equipment- From a grant from Crampton Trust

 

Fundraising:

Grants:

The Glaze Foundation –Donated $5,000

Wells Fargo donated $5,000 for the a bus for Discovery Hall

Martin Foundation Donated $10,000 for Blackfish Research

James Harless donated $2,000 to underwrite the cocktail party prior to MEAL

 

Marine Environmental Awards Luncheon (MEAL):

The Fourth Annual Marine Environmental Awards Luncheon was held Tuesday, October 27, 2015 at the Renaissance Battle House Hotel. This was a luncheon featuring award-winning National Geographic Photographer, David Doubilet.  David Doubilet is one of the world’s most celebrated underwater photographers and a contributing photographer for National Geographic Magazine where he has published nearly 70 stories since his first assignment in 1971.

 

 

The Luncheon was sponsored by PNC at the $10,000 level.

 

264 Reservations

            24 Tables with 202 seats

            62 individual reservations

 

Gulf Coast Marine Environmental Excellence Award-Recognizes an individual who has made outstanding contributions to marine environmental sustainability in the Alabama Gulf Coast Region. Winner: Andrew Saunders

Gulf Coast Marine Environmental Leadership Award-Recognizes a business or organization whose efforts have resulted in the improvement of marine environmental sustainability in the Alabama Gulf Coast Region. Winner: John Borom Alabama Coastal Birdfest

Income and Expense Report Meal

Expenses

2015

2014

2013

Total Battlehouse

$9,369.00

$8,424.60

$7,226.00

Speaker Total

$5,785.32

$5,753.00

$5,897.00

Gift

$203.60

$270.00

$240.00

Printing/publicity

$602.70

$721.29

$1,651.00

Door Prize

0

$0.00

$110.00

Books

 

$0.00

$2,712.00

Flowers

$148.18

$330.00

 

Office depot

$212.24

$42.13

 

Billboards

$600.00

   

USPS

$69.82

   

Total Expenses

$16,990.86

$15,541.02

$17,836.00

       

Income

     

Sponsor

$10,000.00

$5,000.00

$10,000.00

Tables

$9,450.00

$8,350.00

$6,850.00

Individuals

$3,150.00

$3,050.00

$2,600.00

Book Sales

$1,050.00

$0.00

$3,700.00

Books to Gift shop

 

$0.00

$700.00

Donations

$700.00

$1,140.00

$375.00

Flower sales

 

$402.00

 

Total Income

$24,350.00

$17,942.00

$24,225.00

       

Net

$7,359.14

$2,400.98

$6,389.00

 

 

 

 

 

 

 

Friends of the Sea Lab                               

   

2015-2016

2014-2015

2013-2014

2012-2013

2011-2012

2010-2011

Students

3

$90.00

1

$30.00

1

$30.00

0

 

1

$30.00

1

$30.00

Individual

12

$600.00

6

$300.00

10

$500.00

10

$500.00

9

$450.00

8

$400.00

Family

131

$13,100.00

109

$10,800.00

89

$8,900.00

91

$9,100

44

$4,400.00

53

$5,300.00

Seahorse

18

$4,500.00

12

$3,000.00

7

$1,750.00

10

$2,500.00

3

$750.00

5

$1,250.00

Skate

6

$3,000.00

2

$1,000.00

1

$500.00

5

$2,500.00

3

$1,500.00

2

$1,000.00

Starfish

1

$1,000.00

0

 

1

$1,000.00

1

$1,000.00

1

$1,000.00

0

$0.00

School of fish

2

$4,500.00

1

$2,500.00

2

$5,000.00

2

$,5000.00

2

$5,000.00

1

$2,500.00

Comps

4

 

5

 

7

 

4

         
 

177

$26,790.00

136

$17,630.00

124

$17,680.00

123

$20,600

63

$13,130.00

70

$10,480.00

 

730 letters were mailed in August and included the MEAL save the date card. Letters are mailed bi-monthly to remind “Friends” that their memberships are about to expire.

Christmas Appeal:

The holiday appeal grossed $6,665 with expenses of $652.89 for a net profit of $6012.11. 1000 letters were mailed.

 

2015-2016

2014-2015

2013-2014

2012-2013

Gross Income

$,6665

$9,165.00

$6,400

$6,001.57

Expenses

$ 652.89

$627.26

653.27

$350

Net income

$6,012.11

$8,537.74

$5,741.73

$5,651.57

         

Letters

1000

840

786

750

Donors

37

53

30

34

 

 

 

Cocktails with the Critters:

 

The 12th annual CWC was held May 5 at The BlueGill on the Causeway. This was the third year at The Blue Gill. Our attendance was over 500 this year. Ryan Balthrop provided music and Stig Marcussen was our featured artist. Tickets were $50 in advance and $55 at the door

 

Sponsors: The number of corporate sponsors was up to 50 but the total sponsorships was back to the 2014 level. The number of individual sponsors was also up this year to 23. Sponsorships account for 48% of total income.

 

Ticket Sales-Actual ticket pre-sales were up but the gate ticket sales were down ending in an over all increase from 175 to 186, an increase of 6%. Ticket sales account for 10% of total income.

 

Donations: Totaled $700

 

In-kind sponsors

  1. WKRG
  2. Gwins
  3. Carpe Diem
  4. Lagniappe
  5. Blue Rents

 

Silent Auction This year’s auction generated a gross revenue of $30,724 less consignment costs of $650 resulting in net sales of $30,074 from 129 items, giving us a 37% increase over LY . The FMV of the items this year totaled $53,626 an increase of 28% over 2015. Silent auction accounts for 32% of total income.

Other income:

Featured Artist – Stig Marcussen made $1,300 which he splits with DISLF 50/50.

Trustee Sponsorship-Trustee sponsorships totaled $6,400. This sponsorship shared by all the trustees underwrites some of the expenses, which allows the ticket price of the event to remain at a reasonable rate. Without this support we would have to raise the ticket price.

Gross Total generated for the Dauphin Island Sea Lab Foundation - $94,439

Expenses$22,832 See Detailed Analysis Below

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Grand Total Net Profit generated for the Sea Lab Foundation -  

   $72,106 resulting in a 7% increase over LY.

 

CWC Budget Analysis

Actual 2016

Actual 2015

Actual 2014

Actual 2013

Income

       

Tickets-Gate

$2,005.00

$3,685.00

$3,035.00

$2,605.00

Adv Ticket Sales

$7,700.00

$5,400.00

$5,150.00

$7,450.00

ind sponsors

$9,110.00

$6,250.00

$7,750.00

$6,750.00

corp Sponsorship

$37,000.00

$42,500.00

$37,050.00

$37,250.00

Trustee Spons

$6,400.00

$4,600.00

$4,550.00

$4,450.00

Silent Auction

$30,724.00

$22,736.00

$21,182.00

$26,000.00

Artist

$1,300.00

$400.00

$885.00

$2,235.00

T-Shirts

 

$0.00

$1,239.00

$1,009.00

Balloon Pop

 

$600.00

   

Donations

$700.00

$1,000.00

$1,600.00

$1,150.00

Total Income

$94,939.00

$87,171.00

$82,441.00

$88,899.00

         

Expenses

       

Printing

$592.06

$797.92

$812.02

$1,053.85

Postage

$455.00

$337.87

$321.30

$358.06

Advertisement

$600.00

$600.00

$450.00

$450.00

Band

$1,400.00

$500.00

$1,500.00

$1,500.00

Food(tx+grat)

$11,943.69

$10,683.85

$10,343.90

$11,192.08

Beverage

$4,899.00

$4,534.00

$2,745.00

$4,048.00

Decorations

 

$0.00

   

Tent rental

 

$0.00

 

$393.12

Lighting

 

$200.00

 

$174.12

Credit Card Fees

 

$0.00

   

Policeman

 

$0.00

$100.00

$90.00

PayPal fees

$814.69

$676.06

$493.00

$324.12

Reimburse Artist

$650.00

$200.00

$442.50

$1,117.50

Other

$631.00

$423.17

 

$370.87

Silent Auction Consignment

$650.00

$900.00

$1,775.00

$1,770.00

Ribbons

$196.90

$263.50

$239.80

$126.40

Silent Auction

     

0

Total Expenses

$22,832.34

$20,116

$19,222.52

$22,968

Net Income

$72,106.66

$67,055

$63,218.48

$65,931

 

 

Trustees


Bryan Thames, Chair

Marc Whitehead,  Vice Chair

 Scott Browning, Treasurer

Margaret VanLoock, Secretary

Trustees

Walsh Arendall

 Kinley Bell

 Bob Collins

 Rick Courtney

 Dr. Fred Cushing

 John Dindo, PhD.

 George Davis

 David England

 Karlos Finley

 Russ Ford

 Tom Gaillard

 John Goodloe

 Bill Haffner

 Scott Heggeman

 Dr. John B. Howell, IV

 Luella Hunt

 Johnny Hunter

 Neil Kennedy

 Dr. Ben King

 Angela Payne

 Jeff Schock

 Jay Thompson

 Richard Tremayne

Bud Urquhart


 

Advisory Committee

 

Erin Wheeler, Chair

Eliska Morgan, Co-Chair

 Melissa Baker

 Fred Brock

Goldie Burkholder

Mary Courtney Cane

Suzanne Damrich 

Mary Ellingwood

Lisa Goodloe

Fred Hardman

Jimmy Hartman

Robert Harlin

Alvin Hope

Russell Ladd

Haley Landers

Austill Lott

Tara Marshall

Tomi Sue Mayer

Jocko Potts

Sonny Middleton

Julie Sirmon

 Marty Stapleton

Chuck Stapleton

Amy Thompson

Alan Tolson

Garrett Williamson

Patrick Wilson

 Bill Zundel

 

 

 

 

Tours: John Valentine and John Dindo along with Helene hosted tours of the Sea Lab for the following people:

Wells Fargo Executives

Ben King

Johnny and Molly Hunter

Erin Wheeler

Robin Linn

 

 

 

 

Respectively Submitted,

 

Helene Hassell

Executive Director