Island Institute
Island Institute reported $11.0 million in revenue and $9.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $69.61 went to program services, $18.37 to management and general costs and $12.02 to fundraising. Its largest source of revenue was contributions and grants: 79.1% of the total. Government grants made up 15.6%. The highest compensation it reported for one person was $358,292 (President). 8 people received more than $100,000 in reportable compensation. Revenue rose 109% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $9.7MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $11MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 69.6% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 18.4% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 12.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.13 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 79.1% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 15.6% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 2.4% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $358,292 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 3.70% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 8 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 50.8 | 13.3 |
| Independent voting board members Part VI 1a–1b | 15 of 15 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseCreating a diversified, climate-forward marine economy, by investing in clean marine energy solutions, working waterfront protection efforts, support of sustainable seafood, and collaboration with scientists, policymakers, community leaders and industry experts to address challenges to the lobster industry
Building climate resilience by helping communities adapt in the face of rising seas, warming waters and ocean acidification
Cultivating community-led solutions through the Island Fellows program, grants, scholarships, education, and workforce pathways experiences
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| President Officer, 40.00 hrs/week | $326,904 | $0 | $31,388 | $358,292 |
| Past CFO/Current COO Officer, 40.00 hrs/week | $185,767 | $0 | $33,357 | $219,124 |
| Chief Mkting & Philanthropy Officer Highest compensated employee, 40.00 hrs/week | $182,878 | $0 | $10,968 | $193,846 |
| Chief People and Culture Officer Highest compensated employee, 40.00 hrs/week | $147,934 | $0 | $39,896 | $187,830 |
| Chief Programs Officer Highest compensated employee, 40.00 hrs/week | $171,187 | $0 | $14,362 | $185,549 |
| Chief Policy Officer Highest compensated employee, 40.00 hrs/week | $144,352 | $0 | $19,977 | $164,329 |
| Dir., Program Impact and Glenn Fund Highest compensated employee, 40.00 hrs/week | $109,870 | $0 | $14,772 | $124,642 |
| Chief Financial Officer Officer, 40.00 hrs/week | $99,726 | $0 | $15,362 | $115,088 |
8 people received more than $100,000 in reportable compensation from Island Institute (Part VII, line 2). Compensation of current officers, directors and key employees totaled $633K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b15 · 15 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 579
- Volunteers Part I, line 619
Private foundation grants it received
57 private foundations reported grants to Island Institute totaling $1.8M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Island Institute's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Island Institute, you can publish a response that is linked from this page.
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Of every $100 Island Institute spent in FY2025, $69.61 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- University of Utah Research FoundationSalt Lake City, UT · revenue $11M · programs 32.0% · FY2025
- United Charter High School for Advanced Math and Science IINew York, NY · revenue $11M · programs 90.2% · FY2025
- Rocky Mount AcademyRocky Mount, NC · revenue $11M · programs 92.6% · FY2025
- Grandville Calvin Christian SchoolsGrandville, MI · revenue $11M · programs 85.6% · FY2025
- Sycamore SchoolsIndianapolis, IN · revenue $11M · programs 75.4% · FY2025
Questions people ask
How much of Island Institute's spending goes to programs?
In the fiscal year ending June 30, 2025, Island Institute reported that 69.6% of its $9.7 million in expenses went to program services, 18.4% to management and general and 12.0% to fundraising (Form 990, Part IX).
How much does Island Institute pay its top executive?
The largest total compensation Island Institute reported for one person in the fiscal year ending June 30, 2025 was $358,292, for the role of President (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Island Institute get its money?
Of $11.0 million in revenue in the fiscal year ending June 30, 2025, 79.1% came from contributions and grants (including 15.6% from government grants) and 2.4% from program service revenue (Form 990, Part VIII).
Is Island Institute a registered charity?
The IRS lists EIN 22-2786731 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202620789349301607 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202540709349300404 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202400389349300330 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202320399349300807 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202210739349301511 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100699349300830 · read the filing
All filings for EIN 22-2786731: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.