Maine Aquaculture Association logo

Maine Aquaculture Association

Public charity · Grantmaker Gardiner, ME EIN: 01-0375969 Website

Provide support for the Maine aquaculture industry.

Key facts about Maine Aquaculture Association

In short: Maine Aquaculture Association reported $31K in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.

EIN
01-0375969
Latest 990 filing
Form 990, 2025
Grants paid (2025)
$31,275 — reported as a total on the IRS filing, without an itemized list
Total assets
$1,523,829

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$1.5M

+7.4% YoY

Grants Paid (reported total)

$31K

+39.0% YoY

Revenue

$1.1M

+60.4% YoY

Net Investment Income

$11K

+88.1% YoY

How Maine Aquaculture Association gives

  • Giving grew 350% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

About Maine Aquaculture Association

Based on IRS filings

Maine Aquaculture Association is a public charity focused on Food, Agriculture & Nutrition, based in Gardiner, ME. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.5M in total assets. In 2025, it reported $31K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $11K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

BrunswickBremenKennebunkNobleboroYarmouth

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K0 grants2019 0 grants2020 1 grant2021 Total only2022 1 grant2023 5 grants2024 Total only2025

From 2021 to 2025, annual grant giving ranged from $5K (2021) to $31K (2025). In 2025 it reported $31K in grants paid, as a total without an itemized list.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

7 grants across all recorded years

7<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 7 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$500K$1M$1.5M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,523,829$1,418,184$1,364,150
Revenue$1,109,724$691,701$759,753
Expenses$798,027$636,087$676,815
Net Investment Income$11,184$5,947$1,112

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS August 15, 2022)
  2. Added Form 990 for fiscal year 2019 (received by the IRS August 10, 2020)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS August 14, 2024)
  4. Added Form 990 for fiscal year 2025 (received by the IRS July 23, 2026)
  5. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Maine Aquaculture Association is led by Sebastian Belle, Executive Director on every filing since 2019; 1 of 10 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Sebastian Belle

    Executive Director

    On filings since 2019

    40 hrs/week

    $88K (2019) → $110K (2025)

  • Christopher V. Davis PhD

    Current President

    President → Current President, 2021

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Briana Warner

    Director

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Greg Lambert

    Director

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Tonie Simmons

    Director

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Andrew Lively

    Past President

    President → Past President, 2021

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Bill Keleher

    Secretary

    Director → Secretary, 2025

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Joannajesse Fogg

    Treasurer

    Director → Treasurer, 2025

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Matthew Moretti

    Vice President

    Treasurer → Vice President, 2025

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Theo De Koning

    Secretary

    On filings since 2019

    0.5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Sebastian Belle — Executive Direc: $110KSebastian BelleExecutive Direc$110K

The highest reported compensation on the 2025 filing was $110K, to Sebastian Belle (Executive Direc).

Frequently asked questions about Maine Aquaculture Association

How much does Maine Aquaculture Association give each year?

Maine Aquaculture Association reported $31K in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it gave $23K across 5 grants.

How large is Maine Aquaculture Association?

Maine Aquaculture Association reported $1.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.1M.

What is Maine Aquaculture Association?

Maine Aquaculture Association is a public charity focused on Food, Agriculture & Nutrition, based in Gardiner, ME. It holds $1.5M in total assets as of 2025.

Where does Maine Aquaculture Association operate?

Maine Aquaculture Association has awarded grants in Maine.

What is Maine Aquaculture Association's EIN?

Maine Aquaculture Association's EIN (Employer Identification Number) is 01-0375969. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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