2025-11-10T10:36:29-06:00 2024-12-31 420714325 RSM US LLP 227 WEST FIRST STREET SUITE 700 DULUTH MN 55802 990PF 2024-01-01 203274586 WAITT INSTITUTE WAIT 6052329929 PO BOX 559 NORTH SIOUX CITY SD 57049 JOSH SHERER TREASURER 6052329929 2025-11-06 1 0 JULIE BOYER P01278549 2187275025 2025-11-06 2024 2025-03-06 01:10:19Z X 787176 X 7141280 32783 32783 32783 0 5704580 0 0 7174063 32783 32783 269234 0 0 269234 2824130 0 0 3679810 374354 0 0 374354 9574 0 0 9575 18310 0 0 18310 115445 539 539 114906 269371 0 0 268932 18109 0 0 141280 0 0 141280 881027 0 0 974974 3433871 0 0 3359708 8354705 539 539 9211083 0 0 8354705 539 539 9211083 -1180642 32244 32244 1435352 636018 636018 88204 90602 88204 88204 16972 32447 32447 175845 145338 35693 30507 30507 1578619 787176 787176 995343 1384451 995343 1384451 X 583276 -597275 583276 -597275 1578619 787176 583276 -1180642 91 -597275 0 -597275 PUBLICLY TRADED SECURITIES 5704580 5704580 0 0 0 0 448 0 448 0 448 1136 0 0 0 1136 0 688 688 0 0 0 0 0 0 0 0 0 0 0 1 1 CA 1 1 0 0 0 1 WWW.WAITTINSTITUTE.ORG JOSH SHERER 6052329929 PO BOX 559 NORTH SIOUX CITY SD 57049 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 THEODORE W WAITT 7817 IVANHOE AVE SUITE 300 LA JOLLA CA 92037 CHAIRMAN/DIRECTOR 6.00 0 0 0 DAVE RUSSELL 7817 IVANHOE AVE SUITE 300 LA JOLLA CA 92037 DIRECTOR 0.50 0 0 0 SHANE HARTNETT 801 RIVER DRIVE SUITE 200 NORTH SIOUX CITY SD 57049 DIRECTOR 2.00 0 0 0 KATHRYN MENGERINK 7817 IVANHOE AVE SUITE 300 LA JOLLA CA 92037 EXECUTIVE DIRECTOR 40.00 240295 28249 690 JOSH SHERER 801 RIVER DRIVE SUITE 200 NORTH SIOUX CITY SD 57049 TREASURER 2.00 0 0 0 DAVID STOOS 801 RIVER DRIVE SUITE 200 NORTH SIOUX CITY SD 57049 SECRETARY 2.00 0 0 0 EMILY WAITT 7817 IVANHOE AVE SUITE 300 LA JOLLA CA 92037 DIRECTOR 0.50 0 0 0 SOPHIE WAITT 801 RIVER DRIVE SUITE 200 NORTH SIOUX CITY SD 57049 DIRECTOR 0.50 0 0 0 UTE ZISCHKA 7817 IVANHOE AVE SUITE 300 LA JOLLA CA 92037 SENIOR DIRECTOR OF P 40.00 186706 35898 192 TAMARA MARSHALL 7817 IVANHOE AVE SUITE 300 LA JOLLA CA 92037 OPERATIONS MANAGER 40.00 170010 50278 196 NOAH GREENBERG 7817 IVANHOE AVE SUITE 300 LA JOLLA CA 92037 BLUE ECONOMY DIRECTO 40.00 155390 33045 295 MIKE DESSNER 7817 IVANHOE AVE SUITE 300 LA JOLLA CA 92037 DIRECTOR OF SPECIAL 40.00 157536 21941 1236 JOHN WEBER 7817 IVANHOE AVE SUITE 300 LA JOLLA CA 92037 MSP PROGRAM DIRECTOR 40.00 163550 10726 425 21 AVALON CAPITAL GROUP PO BOX 1397 NORTH SIOUX CITY SD 57049 MANAGEMENT FEE 73000 0 THE WAITT INSTITUTE CONDUCTED WORK RELATED TO SUSTAINABLE OCEAN MANAGEMENT IN EIGHT COUNTRIES IN 2024: AZORES, BERMUDA, FEDERATED STATES OF MICRONESIA, FIJI, SAMOA, TONGA, AND VANUATU, WITH LIMITED ACTIVITIES IN THE MALDIVES. THESE JOINTLY-FUNDED PROGRAMS PROVIDED FINANCIAL AND TECHNICAL SUPPORT TO OUR GOVERNMENT PARTNERS, WHO ADDITIONALLY PROVIDE IN-KIND SUPPORT TO ACHIEVE JOINT PROGRAM GOALS AS OUTLINED IN OUR MOUS WITH EACH GOVERNMENT.AZORES: WE DEVELOPED AND SIGNED AN MOU ADDENDUM WITH THE REGIONAL GOVERNMENT THAT INCLUDED DETAILS OF FUNDING SUPPORT FOR MSP IMPLEMENTATION. THE REGIONAL ASSEMBLY APPROVED THE LAW TO PROTECT 30% OF THE AZORES' OCEAN, AND WE SUPPORTED THE GOVERNMENT AFTER PASSAGE TO COMPLETE STEPS FOR LEGAL IMPLEMENTATION ACCORDING TO THE TIMELINE SET OUT IN THE LAW. 0 BERMUDA: THE TEAM FINALIZED THE BLUE PROSPERITY PLAN WHICH WAS PRESENTED TO CABINET AND PUBLICLY RELEASED IN APRIL. THIS PLAN INCLUDED THE FINAL MSP AND BLUE ECONOMY STRATEGY. FEDERATED STATES OF MICRONESIA: WE PRODUCED A MONITORING, COMPLIANCE, AND SURVEILLANCE ASSESSMENT, A SUSTAINABLE FINANCE ASSESSMENT, AND REVIEW OF A FISHERIES IMPACT MODEL WITH OUR GOVERNMENT PARTNERS TO INFORM THE OFFSHORE MSP. WE ALSO WORKED WITH LOCAL PARTNERS TO IMPLEMENT A PILOT PROGRAM FOR ELECTRONIC FISHERIES MONITORING TO SUPPORT COASTAL FISHERIES MANAGEMENT. WE HIRED A FULL-TIME LOCAL COORDINATOR AND LAUNCHED A FELLOWSHIP PROGRAM TO PROVIDE SMALL GRANTS TO BLUE ENTREPRENEURS. 0 FIJI: WE HIRED THREE NEW TEAM MEMBERS IN FIJI TO SUPPORT THE WORK, CONDUCTED A PILOT OCEAN USE SURVEY TO SUPPORT MSP DEVELOPMENT, AND PROGRESSED REPORTS BASED ON THE SCIENTIFIC EXPEDITION CONDUCTED IN 2023. WE ALSO SUPPORTED SEVERAL WORKSHOPS THROUGHOUT THE YEAR TO SUPPORT BLUE ECONOMY, MARINE SPATIAL PLANNING, AND AQUACULTURE OF BECHE-DE-MER. MALDIVES: WE DISCUSSED A POTENTIAL MSP IMPLEMENTATION FUND AND MOU WITH THE NEW GOVERNMENT, BUT ULTIMATELY WERE UNABLE TO PROGRESS WORK IN THE MALDIVES AND WOUND DOWN THE PROGRAM. SAMOA: WE SUPPORTED THE GOVERNMENT IN SUBMITTING THEIR MSP AND BILL TO PARLIAMENT AND SUPPORTED AN AWARENESS CAMPAIGN AROUND OCEAN STEWARDSHIP AND THE IMPORTANCE OF CONSERVATION. WE ALSO COMPLETED MPA COST MODEL AND DISCUSSED AN IMPLEMENTATION FUND WITH PARTNERS. 0 TONGA: OUR TEAM WORKED WITH THE GOVERNMENT TO DEVELOP A NEW MOU WHICH INCLUDED LANGUAGE AROUND FUNDING SUPPORT FOR MSP IMPLEMENTATION (NOT YET SIGNED AS THE GOVERNMENT TURNED OVER AT THE END OF THE YEAR). WE SUPPORTED THE SPECIAL MANAGEMENT AREAS PROGRAM THROUGH LOCAL PARTNERS, LAUNCHED A FELLOWSHIP TO SUPPORT BLUE ENTREPRENEURS WITH SMALL GRANTS, AND KICKED OFF A COMPLIANCE AND ENFORCEMENT ASSESSMENT TO SUPPORT MSP IMPLEMENTATION PLANNING. VANUATU: WE HIRED A NEW COUNTRY MANAGER BASED IN VANUATU WHO SUPPORTED AWARENESS OF DRAFT MSP AND ENGAGEMENT. WE PROGRESSED THE REPORTS BASED ON THE SCIENTIFIC EXPEDITION CONDUCTED IN 2023 AND SUPPORTED THE LAUNCH OF THE NATIONAL OCEAN POLICY AND MSP FRAMEWORK. 9174671 0 0 832178 0 832178 0 0 832178 12483 819695 40985 X 9211083 0 12924 9224007 2006-06-01 X 32244 49811 12392 691 95138 27407 42339 10533 587 80867 9224007 7275979 6561707 4898235 27959928 0 0 0 0 0 9224007 7275979 6561707 4898235 27959928 0 0 27323 39927 56188 28335 151773 0 0 0 0 THEODORE W WAITT X 0 0 14 32783 0 32783 0 32783 0 0 0 0 0 0 0 0 0 0 X X 1 WAITT FOUNDATION 801 RIVER DRIVE NORTH SIOUX CITY SD 57049 7141280 X ACCOUNTING FEES 18310 0 0 18310 FORM 990-PF, PART VII, LINE 2 TAMARA MARSHALL PROVIDES SERVICES TO WAITT INSTITUTE (EIN: 20-3274586) AND WAITT FOUNDATION (EIN: 46-0428166). HER FULL COMPENSATION IS REPORTED ON THE FORMS 990-PF OF BOTH ENTITIES. LEGAL FEES 9574 0 0 9575 ADVERTISING 14972 0 0 15013 COMMUNICATIONS 19253 0 0 19253 COMMUNITY EVENTS 5283 0 0 5283 CONTRACT COMPENSATION 1131134 0 0 1131134 CONTRACTORS/CONSULTANTS 1390305 0 0 1383262 DUES & SUBSCRIPTIONS 1717 0 0 1852 EQUIPMENT 108294 0 0 108294 EXPRESS MAIL AND SHIPPING 168 0 0 168 HOSTED MEALS 43000 0 0 58067 INSURANCE 28306 0 0 34078 IT 7571 0 0 7675 LICENSE & REGISTRATION 400 0 0 400 MISCELLANEOUS 1374 0 0 5650 OTHER PROJECTS 443539 0 0 350410 OUTSIDE SERVICES 112553 0 0 112553 PROVISIONS & SUPPLIES - PROJECTS 7864 0 0 7864 S.W.A.G. - OUTREACH 69780 0 0 69780 SUPPLIES 8738 0 0 9337 TRAINING & EDUCATION 31534 0 0 31534 BANK/CREDIT CARD FEES 4641 0 0 4656 RECRUITMENT 1150 0 0 1150 VIDEOGRAPHY 2295 0 0 2295 UNREALIZED GAIN/LOSS 91 ADMIN SERVICE FEES 73000 0 0 73000 ADVISOR FEES 539 539 539 0 CONSULTING FEES 41906 0 0 41906 PAYROLL TAXES 268932 0 0 268932 STATE EXCISE/BUSINESS TAX 439 0 0 0