Island Institute
AI Summary
Island Institute is a Maine-based nonprofit focused on scholarships and financial aid, working to boldly navigate climate and economic change with island and coastal communities to expand opportunities and deliver solutions. In filing year 2025, it reported an operating budget of $9M and total revenue of $11M, with major support from UD W BINGHAM 2ND 070535, Maine Community Foundation Inc, and The Partridge Foundation C/O RTC NA.
Mission Statement
We boldly navigate climate and economic change with island and coastal communities to expand opportunities and deliver solutions.
Cause Areas
1
Scholarships & Financial Aid
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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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- 176 funders
- 60 board & team members
- 11 historic 990s & financials
- 6-year operating budget trend
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 THE WHITEHEAD FOUNDATION INC, 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.