Island Institute
- Assets
- $0.0
- Revenue
- $4.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Sitka, AK
- Founding
- 07/1988
- Data as of
- 08/2020
- EIN
- 94-3057411
Organization Overview
Island Institute is located in Sitka, AK. The organization was established in 1988. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. Island Institute is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2020, Island Institute generated $4.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (50.5%) each year. All expenses for the organization totaled $15.7k during the year ending 08/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE ISLAND INSTITUTE CULTIVATES UNCOMMON CONVERSATIONS ABOUT THE NATURE OF VITAL COMMUNITIES, THE WEB OF HUMAN RELATIONSHIPS AND RESPONSIBILITIES, AND OUR CONNECTIONS TO THE GREATER NATURAL WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ISLAND INSTITUTE PROVIDES A VARIETY OF PUBLIC FORUMS, SYMPOSIUMS, COMMUNITY MEETINGS, LITERARY EVENTS, RESIDENCY PROGRAMS, WORKSHOPS, AND INFORMATIONAL PUBLICATIONS FOR THE PURPOSE OF ALLOWING WRITERS/ARTISTS AND THE PUBLIC OF ALL AGES TO MEET.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Behnken President | OfficerTrustee | 1 | $0 |
Brenda Campen Secretary/tr | OfficerTrustee | 1 | $0 |
Reid Magdanz Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $2 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,384 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,386 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,325 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $416 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $609 |
| Advertising and promotion | $0 |
| Office expenses | $118 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $193 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $15,661 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Island Institute has recieved totaling $70,000.
| Awarding Organization | Amount |
|---|---|
Emc Arts Inc Winston Salem, NC PURPOSE: Innovation re-grant | $50,000 |
Alaska Humanities Forum Anchorage, AK PURPOSE: ORAL HISTORY | $10,000 |
Alaska Humanities Forum Anchorage, AK PURPOSE: ORAL HISTORY | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alaska Humanities Forum Anchorage, AK | $1,435,904 | $3,701,429 |
Richard Hugo House Seattle, WA | $7,413,381 | $2,157,328 |
Seattle Arts And Lectures Inc Seattle, WA | $2,481,915 | $2,696,759 |
Humanities Washington Seattle, WA | $1,874,322 | $2,110,794 |
Japan Business Association Of Seattle Bellevue, WA | $1,492,861 | $1,546,847 |
Hedgebrook Langley, WA | $5,559,307 | $1,728,150 |
American Studies Assn Spokane, WA | $994,754 | $1,099,135 |
Proforum Seattle, WA | $57,768 | $281,990 |
Sound Circle Center For Arts And Anthroposophy Seattle, WA | $191,208 | $419,015 |
Spokane Language House Spokane, WA | $216,087 | $366,915 |
The Common Acre Seattle, WA | $98,918 | $210,589 |
Helping Link Seattle, WA | $577,642 | $326,639 |