Public Charity

MAINE CENTER VENTURES

Based in Orono, ME, MAINE CENTER VENTURES operates as a Public Charity. The organization reported $19K in revenue, $83K in expenses, $301K in total assets for fiscal year 2025. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $25K.

EIN: 820987230 Orono, ME Single Organization Support NTEE: B11 Latest filing: 2025
Total Revenue$19K
Total Expenses$83K
Total Assets$301K
Grant Records1
Funding Total$25K
Filing Years2021–2025

Mission

Support and promote the University of Maine Graduate & Professional Center ("Maine Center") of the University of Maine System through fundraising, marketing, and engagement with Maine enterprises and employers to identify and address training needs, create experiential education opportunities for Maine Center students, and develop incubator and accelerator programs.

Where $100 goes at Maine Center Ventures

How Maine Center Ventures divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$90 Programs the work itself
$4 Management running the organization
$6 Fundraising raising the next dollar

Inside the $90 for programs

$65
Maine Center Ventures supported operations of the University of Maine Graduate & Professional Center ("Maine Center") of its supported organization, the University of Maine System, by making a…
72% of program spending
$22
Maine Center Ventures supported operations of the University of Maine Graduate & Professional Center ("Maine Center") of its supported organization, the University of Maine System, by making a…
25% of program spending
$3
Maine Center Ventures supported operations of the University of Maine Graduate & Professional Center ("Maine Center") of its supported organization, the University of Maine System, by making a…
3% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Secretary Amon Purinton
Director (resigned June 2025) Bobby Monks
Chair, Board of Directors Dannel Malloy
Director Elise Baldacci
Director Jacqueline Edmondson
Director Joan Ferrini-Mundy

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $19K $83K $301K
2024 $4K $25K $365K
2023 $357K $1.1M $385K
2022 $1.5M $1.9M $1.7M
2021 $3.5M $2.2M $2.9M

Between 2021 and 2025, reported annual revenue declined from $3.5M to $19K (-99%), with total assets most recently reported at $301K.

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

See the full picture for MAINE CENTER VENTURES

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