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Nonprofits›Downeast Institute For Applied Marine Research And Education Inc

Animal-Related

Downeast Institute For Applied Marine Research And Education Inc

BEALS, ME

Website

Total revenue

$2.0M

Total expenses

$2.0M

Net assets

$8.5M

Grants received

$3.6M

28 grants

EIN

010452403

Tax year

2024

Mission

To develop and enhance maine's marine resources through applied scientific research, technology transfer, public education and aquaculture.

Financials

FY 2024

Revenue

Contributions & grants$1.5M

Program service revenue$509K

Investment income$31K

Other revenue$9K

Total revenue$2.0M

Expenses

Grants paid—

Salaries & benefits$965K

Fundraising$152K

Other expenses$1.1M

Total expenses$2.0M

Total assets$9.8M

Net assets$8.5M

People

15 listed

NameRoleCompensation

DIANNE TILTON

EXECUTIVE DIRECTOR

Board

$96K

40 hrs/wk

LYNN ALLEY

CHAIR

Board

$21K

4 hrs/wk

DR BRIAN BEAL

DIRECTOR & DIRECTOR OF RES

Board

$7K

4 hrs/wk

JASON ALLEY

DIRECTOR

Board

—

1 hrs/wk

JONATHAN ALLEY

DIRECTOR

Board

—

1 hrs/wk

CHRISTOPHER BARTLETT

DIRECTOR

Board

—

1 hrs/wk

WENDELL BRADFORD

DIRECTOR

Board

—

1 hrs/wk

SAM CHAPMAN

DIRECTOR

Board

—

1 hrs/wk

DEAN GIRDIS

DIRECTOR

Board

—

1 hrs/wk

PETER GREENE

DIRECTOR

Board

—

1 hrs/wk

TOM HASLETT

DIRECTOR

Board

—

1 hrs/wk

GAYLE KRAUS

DIRECTOR

Board

—

1 hrs/wk

RALPH SMITH

DIRECTOR

Board

—

1 hrs/wk

JANE HINSON

CLERK/TREASURER

Board

—

2 hrs/wk

DR SHERRIE SPRANGERS

VICE CHAIR

Board

—

4 hrs/wk

Grants received

Showing 28 of 28

FromAmountPurposeYear

Elmina B Sewall Foundation

$150K

General Operating Support

2024

Builders Vision Foundation

$86K

to support public education on the potential of a successful restoration ecology project

2024

Onion Foundation

$20K

To support K-12 environmental literacy programs

2024

Maine Community Foundation Inc

$14K

Fisheries Resources

2024

Bangor Savings Bank Foundation

$6K

General Operating Support

2024

Maine Community Foundation Inc

$349K

Fisheries Resources

2023

Maine Technology Institute

$163K

This project will support a collaborative effort of 3 hatcheries, NOAA's Milford Lab and others working to develop consistently successful hatchery methods to raise sea scallops. This innovation is needed to enable sea scallop aquaculture in Maine to reach a scale of significance to Maine's economy, allowing farms to create secure jobs and raise capital. The current practice of capturing spat from the wild to grow out on farms will limit the growth and success of this emerging aquaculture opportunity. Our innovation will result in at least one commercial scallop hatchery in Maine that can serve the needs of the industry and help support future growth.

2023

Elmina B Sewall Foundation

$150K

General Operating Support

2023

Builders Vision Foundation

$96K

To support a hybrid public/private business model to demonstrate the potential return on investment of a successful soft-shell clam farming venture.

2023

Onion Foundation

$20K

To support K-12 environmental literacy programs