EIN 84-5079866

Palacios Marine Agricultural Research

IRS 501(c) type
501(c)(3)
Num. employees
9
State
Year formed
2020
Most recent tax filings
2023-08-01
Description
Palacios Marine Agricultural Research conducts science and technology research, with a focus on general studies. Joshua Gaines leads the organization, which is situated in Corpus Christi, TX. The total revenues obtained last year amounted to $705,291.
Total revenues
$2,640,699
2023
Total expenses
$2,834,423
2023
Total assets
$4,161,718
2023
Num. employees
9
2023

Grants made by Palacios Marine Agricultural Research

GranteeGrant descriptionAmount
Southeastern Association of Fish and Wildlife AgenciesMarine Research$20,000
Friends of the Palacios LibraryNon-Profit Support$10,000
Oyster South CompanyMarine Research$8,500
...and 1 more grant made

Who funds Palacios Marine Agricultural Research

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Ed Rachal FoundationPS$2,500,000

Personnel at Palacios Marine Agricultural Research

NameTitleCompensation
Joe Fox, Ph.D.Board Member$213,923
Gail SuttonDirector of Operat.$139,068
Bailey SchachtAssistant Hatchery Manager
David HoyerBoard Vice - Chairman$0
Clark FlatoBoard Chairman$0
...and 2 more key personnel

Financials for Palacios Marine Agricultural Research

RevenuesFYE 08/2023
Total grants, contributions, etc.$2,533,341
Program services$18,000
Investment income and dividends$23,262
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$56,141
Net gain from sale of non-inventory assets$9,955
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,640,699

Form 990s for Palacios Marine Agricultural Research

Fiscal year endingDate received by IRSFormPDF link
2023-082024-03-26990View PDF
2022-082022-12-20990View PDF
2021-082022-05-26990View PDF
2020-082022-01-05990View PDF

Organizations like Palacios Marine Agricultural Research

OrganizationLocationRevenue
Denver Research InstituteDenver, CO$4,969,818
Indiana Biosciences Research Institute (IBRI)Indianapolis, IN$4,098,308
Foundation for Marine Ecology and Telemetry ResearchSeabeck, WA$1,693,905
Iup Research InstituteIndiana, PA$6,387,874
Kentucky Science and Technology Corporation (KSTC)Lexington, KY$7,233,929
Dynamicland FoundationBerkeley, CA$683,177
Marine Applied Research and ExplorationTiburon, CA$1,295,840
Seeding LabsBoston, MA$5,710,275
Cascadia Research CollectiveOlympia, WA$1,730,911
Speculative TechnologiesClaymont, DE$714,647
Data update history
May 20, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 19, 2024
Updated personnel
Identified 1 new personnel
May 18, 2024
Updated personnel
Identified 1 new personnel
May 18, 2024
Used new vendors
Identified 2 new vendors, including , and
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $2,500,000 from Ed Rachal Foundation
Nonprofit Types
Grantmaking organizationsResearch centersCharities
Issues
Science and technology
Characteristics
Conducts researchState / local levelTax deductible donationsAccepts online donations
General information
Address
555 N Carancahua Suite 700
Corpus Christi, TX 78401
Metro area
Corpus Christi, TX
County
Nueces County, TX
Website URL
pmartexas.org/ 
Phone
(361) 881-9040
IRS details
EIN
84-5079866
Fiscal year end
August
Taxreturn type
Form 990
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
U00: Science and Technology Research: General
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Independent
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