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Minnesota · Nonprofit

Panacetacea

Panacetacea (Minnesota) receives grants from 4 organizations whose IRS filings report $181,785 to it, the largest being RMW FOUNDATION ($90,000). 2 of them have funded it in more than one year.

Revenue FY2024
$48k
Funders on record
4
Grants received
$182k
Net assets
$180k
2/4 repeat funderspeak grant-dependency 89%
01What it does

What Panacetacea does

Mission

Panacetacea conducts marine research on whales and dolphins in Panamanian waters. Results from our data is made available to the public and government agencies to inform conservation measures.

As stated on its FY2024 Form 990-EZ.

Programs

  1. Southern Humpback Whale Monitoring Project, Gulf of Chiriqui, Panama: In 2023 we conducted 25 surveys between 30 July and 8 September and covered 2,538 km. We sighted 143 groups of humpback whales, for a total of 355 individuals, including 67 calves. We obtained 160 identification photographs of humpback whales, representing 117 individuals. We collected 150 humpback whale tissue samples to be used for genetic and hormone analysis. We conducted two community outreach talks to educate local naturalists and captains about best practices for whale watching. The team included two biologists from the US, one from Mexico, one from Panama, and two student interns.

    $33,246 spent
    56% of program spending
  2. Bottlenose Dolphin Study Boca Chica, Panama: In 2023 we conducted 28 days of surveys between April and September 2023. Data collected included photographs of the dorsal fins for identification purposes, acoustic recordings, behavioral observations, and biopsy samples. We sighted 191 groups of dolphins during our survey period, and individually identified 209 dolphins, of which 53 are considered residents of the Bay. We also analyzed the acoustic characteristics of a sample of 109 whistles. The team was led by a Panamanian biologist and had 3 student interns.

    $16,425 spent
    28% of program spending
  3. The Small Grant Program grants Central American researchers and students who study marine mammals $1500 or less. In 2023 we made six grants: four to Costa Ricans, one to a Nicaraguan, and one to a Panamanian. Two grants were for travel to a workshop or conference, one was for educational outreach, and the remaining four were for research. Grantees must fill out an application and two independent reviewers score each application in the review process.

    $9,991 spentof which $9,991 as grants
    17% of program spending

The 3 programs described on its FY2023 Form 990-EZ. Program spending in total: $59,662.

02The organization over time

The organization over time

Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 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 = 20222022 Revenue 100 ($95k) Expenses 100 ($78k) Net assets 100 ($187k)2023 Revenue 65 ($62k) Expenses 83 ($65k) Net assets 98 ($185k)2024 Revenue 51 ($48k) Expenses 68 ($53k) Net assets 96 ($180k)
202220232024
Revenue (51)Expenses (68)Net assets (96)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $185k to $180k (−3%).

$187k
$185k
$180k
202220232024
Total assetsTotal liabilities

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.

2022
2023
2024
ContributionsProgram revenueInvestmentOther

94% of Panacetacea’s revenue is contributions — about as donation-reliant as the typical peer (100% for the typical peer).

This organization
Typical peer · 6,580 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 3 reported years ran a deficit.

$17k
’22
−$3k
’23
−$5k
’24
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $15k → $55k.

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% 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 Panacetacea’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

Panacetacea leans on a few funders — its largest provides 50% of grant income and the top three 97%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

50%
largest funder
97%
top three
~3
effective funders

Largest funder’s share by year: 2019 100% · 2020 42% · 2021 69% · 2022 100% · 2023 73% — diversifying over time.

“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.

Where its funders are

51% of Panacetacea's grant income comes from Minnesota funders.

MN
NY

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
Minnesota out of state home

Funder states come from each funder’s own filing. $6k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.

04Its place in the field

Against its field

Panacetacea's funding base is broadening — from 1 funders to 2 as grant income climbed.

Operating margin−10% · below the median
Revenue growth (annualized)−29% · bottom quartile

this organization peer median middle 50% of peers· 4,996 animals nonprofits under $100k, FY2024

Organizations like Panacetacea

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

In Minnesota

Nationally

05Profile & governance

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

Public support

16%

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

Footprint & structure

Files a return copy in 1 state

MN

Screen this organization

A dated, signed PDF of the compliance screen for Panacetacea: 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. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Panacetacea?
Panacetacea (Minnesota) receives grants from 4 organizations whose IRS filings report $181,785 to it, the largest being RMW FOUNDATION ($90,000). 2 of them have funded it in more than one year.
How many funders does Panacetacea have?
IRS filings report 4 organizations giving $181,785 in grants to Panacetacea, 2 of which have funded it in more than one year.
Who is the largest funder of Panacetacea?
RMW FOUNDATION is the largest funder on record, with $90,000 in grants. The full list of funders is on this page.
How can an organization like Panacetacea find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Panacetacea →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2022–2024), and the filings of 4 funders 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 October 14, 2026. What this page cannot tell you · view filing