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MAINE AQUACULTURE INNOVATION CENTER

EIN 01-0467869 WALPOLE, ME

Browse the largest nonprofits in Maine

Revenue 2024
$2,456,853
Expenses 2024
$1,390,247

Program services were 86.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
K99Z
Classification
1000
Street
193 CLARKS COVE RD

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

TO STRENGTHEN THE COMPETITIVE POSITION ON THE DEVELOPMENT AND COMMERCIALIZATION OF NEW MARKETABLE SPECIES OF FINFISH, SHELLFISH, AND SEA VEGETABLES BY DEVELOPING TECHNOLOGY TO LOWER INDUSTRY COST AND PROVIDE EDUCATION.

Activities or mission (Part I)

TO STRENGTHEN THE COMPETITIVE POSITION ON THE DEVELOPMENT AND COMMERCIALIZATION OF NEW MARKETABLE SPECIES OF FINFISH, SHELLFISH AND SEA VEGETABLES BY DEVELOPING TECHNOLOGY TO LOWER INDUSTRY COST. ALSO PROVIDING EDUCATION.

  • TO STRENGTHEN THE COMPETITIVE POSITION ON THE DEVELOPMENT AND COMMERCIALIZATION OF NEW MARKETABLE SPECIES OF FINFISH, SHELLFISH, AND SEA VEGETABLES BY DEVELOPING TECHNOLOGY TO LOWER INDUSTRY COST AND PROVIDE EDUCATION.

    Expenses $1,199,356 · Grants $180,734 · Revenue $45,016

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Brian Beal PhD

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Greg Lambert

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Sebastian Belle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Damian Brady

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Carter Newell PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Deborah Bouchard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Gef Flimlin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sara Radamaker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Aurora Burgess

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Marcy Nelson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Alicia Gaiero

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Anne Langston Noll

    EXECUTIVE DIRECTOR

    Total calculated
    $111,063
    From this org
    $111,063
    From related orgs
    $0
    Other
    $0
    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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $2,456,853
    Expenses
    $1,390,247
    Contributions
    $2,344,425
    Grants paid
    $180,734
  • 2023
    Revenue
    $1,089,928
    Expenses
    $1,080,711
    Contributions
    $988,200
    Grants paid
    $302,003
  • 2022
    Revenue
    $1,752,040
    Expenses
    $988,467
    Contributions
    $1,751,696
    Grants paid
    $121,908

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $484,359
    Expenses
    $506,184
    Assets (EOY)
    $2,290,428
  • 2020 · 990

    Revenue
    $1,578,713
    Expenses
    $495,639
    Assets (EOY)
    $2,317,206
  • 2019 · 990

    Revenue
    $433,247
    Expenses
    $356,681
    Assets (EOY)
    $1,247,797
  • 2018 · 990

    Revenue
    $476,049
    Expenses
    $395,486
    Assets (EOY)
    $1,186,758
  • 2016 · 990

    Revenue
    $394,024
    Expenses
    $279,801
    Assets (EOY)
    $1,024,741
  • 2015 · 990

    Revenue
    $209,549
    Expenses
    $123,096
    Assets (EOY)
    $1,133,529
  • 2014 · 990

    Revenue
    $683,151
    Expenses
    $656,793
    Assets (EOY)
    $1,312,525

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

Where these grants went next →

Grants received

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 11 November 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.