Skip to content
Plinth
← FundingAlso makes grants — grantmaker profile →

Nonprofit

BERMUDA INSTITUTE OF OCEAN SCIENCES BIOS INC

BERMUDA INSTITUTE OF OCEAN SCIENCES BIOS INC receives grants from 3 organizations whose IRS filings report $578,470 to it, the largest being University of Miami ($460,800). 1 of them have funded it in more than one year.

$17M
Revenue FY2024
3
Funders on record
$578k
Grants received
$41M
Net assets
1/3 repeat funderspeak grant-dependency 1%

Against its field

BERMUDA INSTITUTE OF OCEAN SCIENCES BIOS INC holds deeper cash reserves than three-quarters of the 149 science & tech nonprofits its size.

Operating margin−7% · bottom quartile
Months of reserve8.8mo · top quartile
Revenue growth (annualized)−2% · bottom quartile

this organization peer median middle 50% of peers· 149 science & tech nonprofits $10M–$100M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($20M) Expenses 100 ($17M) Net assets 100 ($35M)2018 Revenue 63 ($12M) Expenses 94 ($16M) Net assets 87 ($30M)2019 Revenue 64 ($13M) Expenses 100 ($17M) Net assets 83 ($29M)2020 Revenue 112 ($22M) Expenses 82 ($14M) Net assets 112 ($39M)2021 Revenue 60 ($12M) Expenses 93 ($15M) Net assets 116 ($40M)2022 Revenue 98 ($19M) Expenses 109 ($18M) Net assets 112 ($39M)2023 Revenue 91 ($18M) Expenses 103 ($17M) Net assets 117 ($40M)2024 Revenue 85 ($17M) Expenses 109 ($18M) Net assets 117 ($41M)
'17'18'19'20'21'22'23'24
Revenue (85)Expenses (109)Net assets (117)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 58% · 2018 70% · 2019 73% · 2020 39% · 2021 73% · 2022 57% · 2023 54% · 2024 58%. Grants only. Government contracts and fees sit inside program revenue.

71% of BERMUDA INSTITUTE OF OCEAN SCIENCES BIOS INC’s revenue is contributions — more donation-reliant than the typical peer (51% for the typical peer).

This organization
Typical peer · 154 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$3.1M
17
$3.2M
18
$3.9M
19
$8.3M
20
$3.6M
21
$1.3M
22
$966k
23
$1.2M
24
8.8
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 3 funders to 1 funder, grant income rose $125k → $135k.

Funder
'17
'21
'22
'23
'24*
'25*
total
$461k
funders
3
1
1
1
1
1

2 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF)20% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of BERMUDA INSTITUTE OF OCEAN SCIENCES BIOS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BERMUDA INSTITUTE OF OCEAN SCIENCES BIOS INC leans on a few funders — its largest provides 80% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BERMUDA INSTITUTE OF OCEAN SCIENCES BIOS INC.

80%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 88% · 2021 100% · 2022 100% · 2023 100%growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 3 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like BERMUDA INSTITUTE OF OCEAN SCIENCES BIOS INC

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

88% of spending goes to programs.

Program 88%Management 11%Fundraising 1%

Governance

18
board members
72%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

83%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Part of a family of 1 related entity

  • Arizona State University · exempt

Screen this organization

A dated, signed PDF of the compliance screen for BERMUDA INSTITUTE OF OCEAN SCIENCES BIOS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BERMUDA INSTITUTE OF OCEAN SCIENCES BIOS INC?
BERMUDA INSTITUTE OF OCEAN SCIENCES BIOS INC receives grants from 3 organizations whose IRS filings report $578,470 to it, the largest being University of Miami ($460,800). 1 of them have funded it in more than one year.
How many funders does BERMUDA INSTITUTE OF OCEAN SCIENCES BIOS INC have?
IRS filings report 3 organizations giving $578,470 in grants to BERMUDA INSTITUTE OF OCEAN SCIENCES BIOS INC, 1 of which have funded it in more than one year.
Who is the largest funder of BERMUDA INSTITUTE OF OCEAN SCIENCES BIOS INC?
University of Miami is the largest funder on record, with $460,800 in grants. The full list of funders is on this page.
How can an organization like BERMUDA INSTITUTE OF OCEAN SCIENCES BIOS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 3funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing