FINANCIAL OVERVIEW

2020 Summary

2020 was a challenging year for ISSF and so many of our colleagues, friends and family. Yet even in a difficult year, we made advances toward more sustainable tuna fisheries—progress reviewed in these pages. That headway was made possible thanks to the continued commitment of our participating companies and our donors, whose dedication to ISSF inspires us to push ever harder. Thank you.

In 2020, ISSF participating companies contributed more than $4 million to our work. And over ISSF’s 12-year history, ISSF companies have invested more than $42 million. That amount does not include contributions in the form of vessel time and equipment that make ISSF’s tuna fisheries research possible—an amount valued at $50-98 million each year, as research projects vary.

Of course, this investment in our research projects is a collaborative effort with other scientific, research and management institutions, whose investment last year in our shared projects exceeded another $6 million.

Revenue and Expenses

Here is a visual overview of our revenue and our expenses, showing how working dollars are allocated across ISSF’s strategic pillars of work (Science, Influence, Verification) and areas of focus: tuna stock health; bycatch and FADs; monitoring control and surveillance (MCS) and illegal, unreported and unregulated (IUU) fishing activities; and capacity management.