Based in BALTIMORE, MD, OCEANTIC NETWORK INC operates as a Public Charity. The organization reported $11.9M in revenue, $10.1M in expenses, $11.6M in total assets for fiscal year 2024. Imperigo tracks 9 reported grant relationships connected to this organization totaling approximately $825K.
THE PURPOSE OF THE ORGANIZATION IS TO EXPAND PUBLIC AND PRIVATE SECTOR KNOWLEDGE, EXPERTISE AND CONTACTS FOR THE OFFSHORE WIND INDUSTRY SO THAT THEY MAY PARTICIPATE IN THE GLOBAL OFFSHORE WIND SUPPLY CHAIN AND MAXIMIZE MEMBER PARTICIPATION IN THE DEVELOPMENT, CONSTRUCTION, MAINTENANCE AND OPERATION OF THE OFFSHORE WIND INDUSTRY AND COMPLIMENTARY BASED PROJECTS.
How Oceantic Network Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
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.
Showing up to 5 of 9 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $11.9M | $10.1M | $11.6M |
| 2023 | $13.3M | $11.2M | $10.2M |
| 2022 | $2.0M | $3.4M | $9.2M |
| 2021 | $3.0M | $2.8M | $3.5M |
| 2020 | $2.3M | $2.3M | $2.5M |
Between 2020 and 2024, reported annual revenue grew from $2.3M to $11.9M (+419%), with total assets most recently reported at $11.6M.
Interactive year-over-year charts and full filing details available with membership.
