Nonprofit · EIN 27-2514795
PANACETACEA
Tax-exempt · SAINT PAUL, MN 55118
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $48,034 | $52,944 | -$4,910 | $179,664 | $0 | $179,664 |
| December 31, 2023 | 990-EZ | $61,808 | $64,683 | -$2,875 | $184,574 | $0 | $184,574 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $45,010
- Investment income
- $3,024
Expenses
- Grants and similar amounts paid
- $50,794
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $2,150
- Program services (functional)
- $50,794
Balance sheet and other
- Total assets, start of year
- $184,574
- Total assets, end of year
- $179,664
- Total liabilities, end of year
- $0
- Net assets, end of year
- $179,664
- Cash, savings and investments
- $179,664
- Gross receipts
- $48,034
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kristin Rasmussen | President | 20 | $0 |
| Laura May-Collado | Secretary/Treasurer | 2 | $0 |
| Matthew Leslie | Vice President | 5 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kristin Rasmussen | President | 20 | $0 |
| Laura May-Collado | Secretary/Treasurer | 2 | $0 |
| Matthew Leslie | Vice President | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 1554 DELAWARE AVE, SAINT PAUL, MN 55118-3850
- In care of
- % KRISTIN RASMUSSEN
- Mailing address (990-N for 2021)
- 1554 Delaware Ave, Saint Paul MN 55118
- Principal officer (990-N for 2021)
- Kristin Rasmussen, 1554 Delaware Ave, Saint Paul MN 55118
- Signed the 990-EZ
- Kristin Rasmussen, President
- Phone
- (360) 481-4616
- Website
- www.panacetacea.org
- Return prepared by
- Baker Tilly Advisory Group LP
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.
Program accomplishments
- Southern Humpback Whale Monitoring Project, Gulf of Chiriqui, Panama: In 2024 we conducted 25 surveys between 29 July and 29 August and covered 1,914km. We sighted 120 groups of humpback whales, for a total of 234 individuals, including 61 calves. We obtained 86 identification photographs of humpback whales, representing 83 individuals. We collected 116 humpback whale tissue samples to be used for genetic and hormone analysis. We also dedicated 7 days to Bryde's whales and made 6 Bryde's whale sightings and collected 1 Bryde's whale tissue sample. We conducted two community outreach talks to educate local naturalists and captains about best practices for whale watching, and one talk to a local community to educate them on marine conservation issues. The team included two biologists from the US, one from Mexico, one from Panama, and two student interns from the US.Expenses $31,459
- Marine Mammal Tagging Project, Gulf of Chiriqui, Panama: In 2024 we initiated our tagging program using CATS (Customised Animal Tracking Solutions) tags. All necessary equipment was purchased, and protocols were established. In August 2024 we successfully attached a tag to a mother humpback whale for 2.5 hours. We also attempted to attach a tag to a Bryde's whale but were unsuccessful. In 2024 we also purchased equipment for Low Impact Minimally Percutaneous Electronic Transmitter (LIMPET) tags, although no field work with these tags was conducted.Expenses $19,335
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Check at the IRS |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 27-2514795
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Animal-related (D053)
- Assets (IRS master file)
- $185,483
- Income (IRS master file)
- $67,625
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $48,034 | $52,944 | $179,664 | XML |
| 990-EZ | December 2023 | $61,808 | $64,683 | $184,574 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-N for 2021 Officer: Kristin Rasmussen | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Kristin Rasmussen | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Kristin Rasmussen | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-2514795).
Questions about PANACETACEA
- What is the EIN of PANACETACEA?
- The employer identification number (EIN) of PANACETACEA is 27-2514795.
- Is PANACETACEA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to PANACETACEA tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PANACETACEA file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PANACETACEA due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PANACETACEA last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of PANACETACEA?
- The 990-N for 2021 names Kristin Rasmussen.
- Who are the officers and directors of PANACETACEA?
- The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does PANACETACEA have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $48,034, expenses of $52,944 and total assets of $179,664 at year end.
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