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Washington · Nonprofit

ISLAND TREASURE FOUNDATION

ISLAND TREASURE FOUNDATION (Washington) receives grants from 1 organization whose IRS filings report $138,031 to it, the largest being BAINBRIDGE COMMUNITY FOUNDATION ($138,031). 1 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$31k
Funders on record
1
Grants received
$138k
Net assets
$25k
1/1 repeat funderspeak grant-dependency 86%
01What it does

What Island Treasure Foundation does

Mission

The island treasure awards honor excellence in the arts and/or humanities, and are presented annually to individuals who have made outstanding contributions in the arts and humanities or have been a leader of efforts that have benefitted our cultural community. The award is a community-based program intended to identify and consider creative individuals who are living on bainbridge island or whose principal work is based on bainbridge island, and have displayed an ongoing commitment to their chosen field.

As stated on its FY2025 Form 990.

Program

  1. The island treasure awards honor excellence in the arts and/or humanities, and are presented annually to individuals who have made outstanding contributions in the arts and humanities or have been a leader of efforts that have benefitted our cultural community. The award is a community-based program intended to identify and consider creative individuals who are living on bainbridge island or whose principal work is based on bainbridge island, and have displayed an ongoing commitment to their chosen field.

    $27,037 spentof which $10,000 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $27,037.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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 = 20192019 Revenue 100 ($35k) Expenses 100 ($46k) Net assets 100 ($13k)2020 Revenue 100 ($35k) Expenses 84 ($38k) Net assets 73 ($10k)2021 Revenue 43 ($15k) Expenses 19 ($9k) Net assets 120 ($16k)2022 Revenue 0 ($0) Expenses 27 ($12k) Net assets 27 ($4k)2023 Revenue 228 ($79k) Expenses 30 ($14k) Net assets 521 ($69k)2024 Revenue 70 ($24k) Expenses 127 ($58k) Net assets 270 ($36k)2025 Revenue 89 ($31k) Expenses 92 ($42k) Net assets 186 ($25k)
2019202020212022202320242025
Revenue (89)Expenses (92)Net assets (186)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 $5k to $72k (+1482%).

$16k
$10k
$16k
$5k
$72k
$39k
$27k
2019202020212022202320242025
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.

2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

81% of ISLAND TREASURE FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (78% for the typical peer).

This organization
Typical peer · 18,855 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 7 reported years ran a deficit.

−$11k
’19
−$4k
’20
$6k
’21
−$12k
’22
$66k
’23
−$34k
’24
−$11k
’25
7.8
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.

2019202020212022202320242025
Listed4444445
Joined·+0+0+0+0+0+1
No longer listed·000000
03Who funds it

Who funds it, year by year

2019 → 2023: the base held at 1 funder, grant income rose $27k → $68k.

Funder
'19
'23
'24*
'25*
total
funders
1
1
1
1

1 of 1 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of ISLAND TREASURE FOUNDATION’s funders (the co-funder graph). 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.

Where its funders are

100% of ISLAND TREASURE FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.

Funder states come from each funder’s own filing. $138k arriving through sponsors registered in 1 state 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

ISLAND TREASURE FOUNDATION has grown faster than half of the 10,713 arts & culture nonprofits its size.

Operating margin−36% · bottom quartile
Months of reserve7.8mo · below the median
Revenue growth (annualized)−2% · above the median

this organization peer median middle 50% of peers· 10,713 arts & culture nonprofits under $100k, FY2025

Organizations like ISLAND TREASURE FOUNDATION

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 Washington

Nationally

05Profile & governance

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

Where the money goes

64% of spending goes to programs.

Program 64%Management 36%Fundraising 0%

Governance

4
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

83%

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

Footprint & structure

Files a return copy in 1 state

WA

Screen this organization

A dated, signed PDF of the compliance screen for ISLAND TREASURE FOUNDATION: 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 ISLAND TREASURE FOUNDATION?
ISLAND TREASURE FOUNDATION (Washington) receives grants from 1 organization whose IRS filings report $138,031 to it, the largest being BAINBRIDGE COMMUNITY FOUNDATION ($138,031). 1 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does ISLAND TREASURE FOUNDATION have?
IRS filings report 1 organization giving $138,031 in grants to ISLAND TREASURE FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of ISLAND TREASURE FOUNDATION?
BAINBRIDGE COMMUNITY FOUNDATION is the largest funder on record, with $138,031 in grants. The full list of funders is on this page.
How can an organization like ISLAND TREASURE FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. 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 Island Treasure →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 1 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