Island Etc

Analysis

Island Etc is a registered charity in United States, based in Galveston, TX. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Island Etc reported income of $547k and spending of $556k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $327k to $547k (+67%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Island Etc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Nashville Public Media Inc ($547k), Alaska Junior Theater Inc ($547k) and Solace House Inc ($546k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.5% and program service revenue 89% of the total. At year end it held assets of $421k against liabilities of $34k, net assets of $387k.