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.
- 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
- WKRG
- Gwins
- Carpe Diem
- Lagniappe
- 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 |
