Dolphin Research Center Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
PROVIDING SANCTUARY AND A FOREVER HOME SINCE 1984.THROUGH EDUCATION, RESEARCH AND RESCUE, DOLPHIN RESEARCH CENTER PROMOTES PEACEFUL COEXISTENCE, COOPERATION AND COMMUNICATION BETWEEN MARINE MAMMALS, HUMANS AND THE ENVIRONMENT WE SHARE WITH THE WELL BEING OF DRC'S ANIMALS TAKING PRECEDENCE.
- Income
- $7.6 million
- Spending
- $7.4 million
- Spent on programs
- 80%
- Reserves
- -2.2 months of spending
- Largest source of income
- fees for its services, 56%
- Employees
- 120
- Volunteers
- 92
- Highest pay
- $253,811, president/ceo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 55 out of 100. Higher than 15% of charities in its peer group (animals, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
10 of 20It owes 32% of what it owns.
Living within its means
15 of 15Income exceeded spending by 2% of income.
Income trend
15 of 15Income rose 21% on the year before.
Spending floor
15 of 1580% of spending went to programs and raising each dollar of donations cost 2 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 74% of charities in its peer group (animals, $1m to $10m).
Independent board
25 of 255 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $5.3 million spent. PUBLIC EDUCATION: PROGRAMS RANGING IN LENGTH FROM 1 HOUR TO 1 WEEK AND VARIED IN SPECIFIC FOCUS/DEPTH OF MATERIAL AND FORMATION OF DOLPHIN RESEARCH CENTER TRAINING INSTITUTE. ALL SERVE TO DEVELOP AN AWARENESS FOR DOLPHIN HISTORY, CONSERVATION ISSUES AND INTERACTIONS WITH HUMANS.DRC WELCOMED APPROX 50,000 GUESTS TO DRC TO MEET ITS FAMILY OF DOLPHINS AND SEA LIONS. GUESTS CAN PARTICIPATE IN A WIDE VARIETY OF ACTIVITIES TO SUPPORT DRC'S MISSION STATEMENT, FROM ADMISSIONS TO INTERACTIVE PROGRAMS TO PRIVATE CUSTOM PROGRAMS. DOLPHIN RESEARCH CENTER PARTNERS WITH WOUNDED WARRIORS AND HOSTS THE ANNUAL SOLDIER RIDE IN THE FLORIDA KEYS THROUGH ENDOWMENTS FROM THE CHARLES EVANS FOUNDATION, AS WELL AS PROJECT ODYSSEY AND CUSTOM PROGRAMS FOR WOUNDED WARRIORS AND THEIR CAREGIVERS. ADDITIONALLY, DOLPHIN RESEARCH CENTERSTRIVES TO EDUCATE THROUGH ITS SUPPORT OF ITS LOCAL COMMUNITY* BY SPONSORING ALL LOCAL MONROE COUNTY SCHOOL CHILDREN VISITS, TOM'S HARBOR BRIDGE CLEANUP, 7-MILE BRIDGE RUN, LOCAL CHAMBER EVENTS, AND OCEAN DAY CELEBRATION. DOLPHIN RESEARCH CENTER ALSO PARTNERS WITH FLORIDA FISH AND WILDLIFE AS THE PRIMARY MANATEE RESCUE AGENT IN MONROE COUNTY FLORIDA.
- $426,198 spent. RESEARCH: INVESTIGATIONS INTO DOLPHIN PHYSIOLOGY, DEVELOPMENT AND BEHAVIOR. ASSISTANCE TO INJURED/ILL MANATEES, COLLECTING PHYSICAL DATA. PROVIDING VARIOUS RECREATIONAL MOTIVATIONAL EDUCATION PROGRAMS FOR INDIVIDUALS WITH SPECIAL NEEDS. FIELD RESEARCH PROGRAM BEGAN IN 2014 AND CONTINUES TO OBSERVE AND IDENTIFY POPULATIONS OF WILD DOLPHINS IN THE MIDDLE KEYS IN MONROE COUNTY, FLORIDA, AS WELL AS COLLABORATE WITH OTHER WILD DOLPHIN POPULATION STUDIES IN THE REGION.
- $173,180 spent. MEMBERSHIP: PROVIDING REGULAR PUBLICATIONS CONTAINING A BROAD RANGE OF DOLPHIN AND CONVERSATION INFORMATION, FOSTERING CONCERN FOR DOLPHINS IN GENERAL AND ISSUES THAT AFFECT THEM.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 1982.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.