Island Institute

Rockland, ME, US
501(c)(3)
EIN
22-2786731
Rockland, ME, US
501(c)(3)
EIN
22-2786731

Overview

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Est.

1983

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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The Island Institute, a nonprofit organization with EIN 22-2786731, focuses on providing scholarships and financial aid while addressing climate and economic change in island and coastal communities. With an operating budget of $8.4 million and total revenue of $7.7 million for the filing year 2024, the organization is supported by multiple funders and does not rely on any single source for 50% or more of its revenue. More information can be found on their website at www.islandinstitute.org.

Mission Statement

We boldly navigate climate and economic change with island and coastal communities to expand opportunities and deliver solutions.
Revenues

$7.7M

Expenses

$9.1M

Net Income:
-$1.4M
Assets

$38.4M

Liabilities

$1.1M

Net Assets:
+$37.3M
Operating Budget

$8.4M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

62

Median grant size
$5.7K
Largest grant received
$500K
K
Kimberly Hamilton
Board Member
S
Sebastian Belle
Board Member
M
Michael Felton
Board Member

Frequently Asked Questions

What is Island Institute’s budget?
In 2024, Island Institute reported an annual operating budget of around $8.4 million. More detailed financial information is available to registered users.
What causes does Island Institute support?
Island Institute supports work in Scholarships & Financial Aid.
Where does Island Institute operate?
Island Institute is headquartered in Rockland, ME.
Who funded Island Institute recently?
In 2025, Island Institute received grants from ROARING BROOK FAMILY FOUNDATION, Boston Foundation, Inc, and AMERICAN ONLINE GIVING FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant Island Institute received in 2024?
The largest grant to Island Institute in 2024 exceeds $500 thousand.
What is Island Institute’s reliance on government grants?
Island Institute relied on government grants for more than 5% of their total revenue in 2024.
Overview
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