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Delaware · Nonprofit

INTERCOLLEGIATE STUDIES INSTITUTE INC

INTERCOLLEGIATE STUDIES INSTITUTE INC (Delaware) receives grants from 199 organizations whose IRS filings report $28,049,449 to it, the largest being DIANA DAVIS SPENCER FOUNDATION INC ($3,130,000). 136 of them have funded it in more than one year.

Revenue FY2025
$8.7M
Funders on record
199
Grants received
$28M
Net assets
$35M
136/199 repeat funderspeak grant-dependency 53%
01What it does

What Intercollegiate Studies Institute Inc does

Mission

We inspire college students to discover, embrace, and advance the principles that make america good, free, and prosperous.

As stated on its FY2025 Form 990.

Programs

  1. Leadership development conference program - the organization hosts conferences for students at various locations across the country that teach the principles that make america free and prosperous.

    $4,769,464 spentof which $234,623 as grants
    69% of program spending
  2. Isi books and publications - the organization publishes books, magazines and journals to introduce college students and the broader reading public to the principles and virtues that make america free and prosperous.

    $444,967 spent
    6% of program spending
  3. The isi collegiate network supports independent student newspapers, magazines and journals, paid summer internships and postgraduate, year-long fellowships at prominent media outlets to promising student journalists committed to the principles of liberty.

    $1,696,211 spentof which $625,328 as grants$25,000 earned by the program
    25% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $6,910,642.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($7.9M) Expenses 100 ($7.2M) Net assets 100 ($17M)2019 Revenue 101 ($7.9M) Expenses 102 ($7.4M) Net assets 104 ($18M)2020 Revenue 76 ($6.0M) Expenses 79 ($5.7M) Net assets 105 ($18M)2021 Revenue 90 ($7.1M) Expenses 86 ($6.2M) Net assets 118 ($20M)2022 Revenue 181 ($14M) Expenses 97 ($7.0M) Net assets 152 ($26M)2023 Revenue 173 ($14M) Expenses 104 ($7.5M) Net assets 192 ($33M)2024 Revenue 136 ($11M) Expenses 126 ($9.1M) Net assets 208 ($35M)2025 Revenue 110 ($8.7M) Expenses 131 ($9.5M) Net assets 205 ($35M)
'18'19'20'21'22'23'24'25
Revenue (110)Expenses (131)Net assets (205)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $27M to $35M (+31%).

$17M
$18M
$19M
$21M
$27M
$35M
$38M
$37M
'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

82% of INTERCOLLEGIATE STUDIES INSTITUTE INC’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,360 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$654k
’18
$553k
’19
$326k
’20
$882k
’21
$7.3M
’22
$6.1M
’23
$1.6M
’24
−$762k
’25
2.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

John A Burtka Iv

President & CEO

Board chair

Thomas Lynch

Chairman

As listed on its FY2025 Form 990.

'18'19'20'21'22'23'24'25
Listed2322222322202120
Joined·+4+2+2+2+5+4+1
No longer listed·5213732
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 53 funders to 102 funders, grant income rose $1.6M → $6.4M.

26 of 199 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 26% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $9.2M from one payer (the payer shares this organization's board, largest Collegiate Network Inc). These are real filings, and they are not money INTERCOLLEGIATE STUDIES INSTITUTE INC raised.

From the IRS filings of INTERCOLLEGIATE STUDIES INSTITUTE INC’s funders (the co-funder graph). Top 30 of 199 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

INTERCOLLEGIATE STUDIES INSTITUTE INC has a broad base — no single funder exceeds 11% of grant income, and it takes 9 funders to reach half.

the vertical line marks half of all grant income — 9 funders to its left

26% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund INTERCOLLEGIATE STUDIES INSTITUTE INC.

11%
largest funder
30%
top three
~23
effective funders

Largest funder’s share by year: 2017 31% · 2018 14% · 2019 20% · 2020 16% · 2021 13% · 2022 14% · 2023 20% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

55% of INTERCOLLEGIATE STUDIES INSTITUTE INC's funders are still giving 3 years after their first grant; 68% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

INTERCOLLEGIATE STUDIES INSTITUTE INC draws 95% of its grant income from funders outside Delaware, across 31 states in all.

ME
WA
IL
WI
MI
NY
MA
NV
IN
OH
PA
NJ
CT
CA
UT
CO
MO
KY
VA
MD
DE
KS
AR
TN
NC
SC
HI
OK
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Delaware out of state home

Funder states come from each funder’s own filing. $7.2M arriving through sponsors registered in 19 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

INTERCOLLEGIATE STUDIES INSTITUTE INC's funding base is broadening — from 53 funders to 102 as grant income climbed.

Operating margin−9% · bottom quartile
Months of reserve2.0mo · below the median
Revenue growth (annualized)1% · bottom quartile

this organization peer median middle 50% of peers· 9,615 education nonprofits $1M–$10M, FY2025

Organizations like INTERCOLLEGIATE STUDIES INSTITUTE INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Delaware

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

73% of spending goes to programs.

Program 73%Management 14%Fundraising 13%

Governance

15
board members
93%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

78%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 13 states

AK
MI
NY
MA
IN
PA
NJ
CA
DE
AZ
AL
TX

Part of a family of 1 related entity

  • Collegiate Network Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for INTERCOLLEGIATE STUDIES INSTITUTE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds INTERCOLLEGIATE STUDIES INSTITUTE INC?
INTERCOLLEGIATE STUDIES INSTITUTE INC (Delaware) receives grants from 199 organizations whose IRS filings report $28,049,449 to it, the largest being DIANA DAVIS SPENCER FOUNDATION INC ($3,130,000). 136 of them have funded it in more than one year.
How many funders does INTERCOLLEGIATE STUDIES INSTITUTE INC have?
IRS filings report 199 organizations giving $28,049,449 in grants to INTERCOLLEGIATE STUDIES INSTITUTE INC, 136 of which have funded it in more than one year.
Who is the largest funder of INTERCOLLEGIATE STUDIES INSTITUTE INC?
DIANA DAVIS SPENCER FOUNDATION INC is the largest funder on record, with $3,130,000 in grants. The full list of funders is on this page.
How can an organization like INTERCOLLEGIATE STUDIES INSTITUTE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Delaware. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Intercollegiate Studies Institute →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 199 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing