On the Isle Corporation

Analysis

On the Isle Corporation is a registered charity in United States, based in Siasconset, MA. It received its IRS tax-exemption ruling in November 2003, 23 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, On the Isle Corporation reported income of $121k and spending of $95k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $121k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, On the Isle Corporation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within MA. Charities of a similar size with the same main cause include Detroit Symphony Orchestra Endowment Trust Fund ($121k), Grosse Pointe Historical Society ($121k) and Marshall County Historical Society Inc ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $148k against liabilities of $0, net assets of $148k.