Form 990 for tax year 2024
Filed by DOWNEAST INSTITUTE FOR APPLIED MARINE RESEARCH AND EDUCATION INC.
Totals
- Total revenue
- $2,042,563
- Total expenses
- $2,026,183
- Contributions and grants received
- $1,493,996
- Grants paid
- $0
- Program service revenue
- $508,950
- Investment income
- $31,009
- Other revenue
- $8,608
- Total assets, end of year
- $9,849,662
- Total liabilities, end of year
- $1,305,793
- Net assets or fund balances, end of year
- $8,543,869
- Program services expenses (Part IX)
- $1,494,658
- Management and general expenses
- $379,935
- Fundraising expenses
- $151,590
- Program service expenses (Part III)
- $1,494,658
Program services were 73.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$677,283
-
1f · All other contributions, gifts and grants
$816,713
-
2a · Program service revenue: SHELLFISH SALES
total $419,759 · related or exempt $419,759
-
2b · Program service revenue: RESEARCH SUPPORT SERVI
total $89,191 · related or exempt $89,191
-
3 · Investment income
total $31,009 · excluded $31,009
-
6a · Gross rents
real property $8,608
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $8,608
-
6d · Net rental income or loss
total $8,608 · related or exempt $8,608
Functional expenses
Part IX, the statement of functional expenses.
-
6 · Compensation of disqualified persons
total $132,915 · program services $98,271 · management and general $25,353 · fundraising $9,291
-
7 · Other salaries and wages
total $693,835 · program services $512,985 · management and general $132,349 · fundraising $48,501
-
8 · Pension plan contributions
total $18,387 · program services $12,503 · management and general $4,781 · fundraising $1,103
-
9 · Other employee benefits
total $50,980 · program services $34,666 · management and general $13,255 · fundraising $3,059
-
10 · Payroll taxes
total $69,193 · program services $51,085 · management and general $13,317 · fundraising $4,791
-
11c · Fees: accounting
total $26,475 · program services $15,350 · management and general $5,868 · fundraising $5,257
-
11g · Fees: other
total $231,491 · program services $161,189 · management and general $22,362 · fundraising $47,940
-
12 · Advertising and promotion
total $10,225 · program services $5,928 · management and general $2,267 · fundraising $2,030
-
13 · Office expenses
total $32,740 · program services $18,982 · management and general $7,258 · fundraising $6,500
-
14 · Information technology
total $27,696 · program services $19,035 · management and general $7,037 · fundraising $1,624
-
16 · Occupancy
total $186,902 · program services $149,878 · management and general $30,082 · fundraising $6,942
-
17 · Travel
total $16,826 · program services $16,154 · management and general $546 · fundraising $126
-
20 · Interest
total $75,530 · program services $55,463 · management and general $20,067
-
22 · Depreciation, depletion and amortization
total $124,130 · program services $84,408 · management and general $39,131 · fundraising $591
-
23 · Insurance
total $114,630 · program services $79,658 · management and general $28,415 · fundraising $6,557
-
24a · Other expenses: REPAIRS AND MAINTENANCE
total $84,577 · program services $61,284 · management and general $19,038 · fundraising $4,255
-
24b · Other expenses: SUPPLIES
total $72,497 · program services $68,245 · management and general $2,650 · fundraising $1,602
-
24c · Other expenses: OTHER PROGRAM EXPENSES
total $33,463 · program services $33,463
-
24d · Other expenses: VEHICLE EXPENSES
total $23,691 · program services $16,111 · management and general $6,159 · fundraising $1,421
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $371,142 · end of year $387,238
-
2 · Savings and temporary cash investments
beginning of year $32,870
-
3 · Pledges and grants receivable
beginning of year $312,278 · end of year $44,631
-
4 · Accounts receivable
beginning of year $55,188 · end of year $200,849
-
7 · Other notes and loans receivable
beginning of year $3,434,450
-
9 · Prepaid expenses and deferred charges
beginning of year $44,525 · end of year $51,187
-
10a · Land, buildings and equipment: cost or other basis
$11,520,437
-
10b · Land, buildings and equipment: accumulated depreciation
$2,417,712
-
10c · Land, buildings and equipment, net
beginning of year $2,184,444 · end of year $9,102,725
-
12 · Investments: other securities
beginning of year $1,000 · end of year $63,032
-
17 · Accounts payable and accrued expenses
beginning of year $159,481 · end of year $166,916
-
23 · Secured mortgages and notes payable
beginning of year $1,184,305
-
25 · Other liabilities
beginning of year $950,344 · end of year $1,138,877
-
27 · Net assets without donor restrictions
beginning of year $3,753,371 · end of year $8,254,897
-
28 · Net assets with donor restrictions
beginning of year $388,396 · end of year $288,972
Mission and programs · 2024
Mission
TO DEVELOP AND ENHANCE MAINE'S MARINE RESOURCES THROUGH APPLIED SCIENTIFIC RESEARCH, TECHNOLOGY TRANSFER, PUBLIC EDUCATION AND AQUACULTURE.
-
THE DOWNEAST INSTITUTE CONDUCTS RESEARCH AND TECHNOLOGY TRANSFER TO HELP SPUR INNOVATION IN PUBLIC AND PRIVATE SHELLFISH AQUACULTURE. WE CONDUCT K-12 PROGRAMMING AND PROFESSIONAL EDUCATOR DEVELOPMENT IN MARINE SCIENCE AND OFFER UNDERGRADUATE AND GRADUATE LEVEL INTERNSHIPS FOR COLLEGE STUDENTS. WE PROVIDE FACILITIES AND SERVICES TO RESEARCHERS AS THE EASTERN MOST MARINE SCIENCE FIELD STATION IN THE UNITED STATES.
Expenses $1,494,658 · Revenue $517,558
As filed on the 2024 return.
Listed in Part VII
-
Lynn AlleyLYNN ALLEY
CHAIR
- Total calculated
- $20,873
- From this org
- $20,873
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4
-
Dr Sherrie SprangersDR SHERRIE SPRANGERS
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 4
-
Jane HinsonJANE HINSON
CLERK/TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Jason AlleyJASON ALLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan AlleyJONATHAN ALLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christopher BartlettCHRISTOPHER BARTLETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Brian BealDR BRIAN BEAL
DIRECTOR & DIRECTOR OF RES
- Total calculated
- $6,500
- From this org
- $6,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4
-
Wendell BradfordWENDELL BRADFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sam ChapmanSAM CHAPMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dean GirdisDEAN GIRDIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Peter GreenePETER GREENE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tom HaslettTOM HASLETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gayle KrausGAYLE KRAUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ralph SmithRALPH SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dianne TiltonDIANNE TILTON
EXECUTIVE DIRECTOR
- Total calculated
- $105,542
- From this org
- $95,538
- From related orgs
- $0
- Other
- $10,004
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(c)(3) · SUPPORTING ORGANIZATION · ME · controlled entity
Directly controlled by DOWNEAST INSTITUTE FOR APPLIED MARINE RESEARCH & EDUCATION
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
BEALS ISLAND SHELLFISH MARICULTURE INC
C · Cultivating Shellfish · ME · 100% owned · controlled entity
Directly controlled by DOWNEAST INSTITUTE FOR APPLIED MARINE RESEARCH & EDUCATION
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503179349304165
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