Public Charity

DOWNEAST INSTITUTE FOR APPLIED MARINE RESEARCH AND EDUCATION INC

DOWNEAST INSTITUTE FOR APPLIED MARINE RESEARCH AND EDUCATION INC is a Public Charity headquartered in BEALS ISLAND, ME. Financial data from the 2024 filing: $2.0M revenue, $2.0M expenses, $9.8M total assets. 27 publicly reported grants to this organization, totaling roughly $3.3M, appear in IRS filings.

EIN: 010452403 BEALS ISLAND, ME Fisheries Resources NTEE: D33 Latest filing: 2024
Total Revenue$2.0M
Total Expenses$2.0M
Total Assets$9.8M
Grant Records27
Funding Total$3.3M
Filing Years2020–2024

Mission

TO DEVELOP AND ENHANCE MAINE'S MARINE RESOURCES THROUGH APPLIED SCIENTIFIC RESEARCH, TECHNOLOGY TRANSFER, PUBLIC EDUCATION AND AQUACULTURE.

Where $100 goes at Downeast Institute for Applied Marine Research and Education Inc

How Downeast Institute for Applied Marine Research and Education Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$77 Programs the work itself
$18 Management running the organization
$5 Fundraising raising the next dollar

Inside the $77 for programs

$77
The downeast institute conducts research and technology transfer to help spur innovation in public and private shellfish aquaculture
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Christopher Bartlett
DIRECTOR Dean Girdis
EXECUTIVE DIRECTOR Dianne Tilton
DIRECTOR & DIRECTOR OF RES Dr Brian Beal
VICE CHAIR Dr Sherrie Sprangers
DIRECTOR Gayle Kraus

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$2,043,200 6 grants
Economic Development
$167,895 2 grants
Environment & Conservation
$50,000 3 grants
Youth Development
$35,000 1 grant
Education
$16,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.0M $2.0M $9.8M
2023 $2.7M $2.4M $6.4M
2022 $1.6M $2.0M $5.1M
2021 $1.5M $1.6M $5.2M
2020 $1.1M $1.4M $5.2M

Between 2020 and 2024, reported annual revenue grew from $1.1M to $2.0M (+78%), with total assets most recently reported at $9.8M.

Interactive year-over-year charts and full filing details available with membership.

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