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Filing year 2023

Island Institute

Rockland, Maine·EIN 22-2786731·NTEE B82Z · Education·3
Total revenue
$7.7M
Total assets
$38.4M
Total expenses
$9.1M
Reported officers
23
Mission

We boldly navigate climate and economic change with island and coastal communities to expand opportunities and deliver solutions.

Executive compensation, broken down

Form 990 · Schedule J · 5 reported individuals · Filing year 2023

$279k
$312k
Base
$220k
Bonus
$108
Other
$45k
Benefits
$10k
Chief Financial Officer
$190k
$212k
Base
$158k
Bonus
$433
Other
Benefits
$22k
Chief Philanthropy Officer
highest compensated employee
$173k
$193k
Base
$163k
Bonus
$325
Other
Benefits
Chief Human Resources Officer
highest compensated employee
$157k
$176k
Base
$124k
Bonus
$108
Other
Benefits
$30k
Chief Policy Officer
highest compensated employee
$142k
$158k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 18 unpaid individuals.

Browse compensation in Education

Up 18%
from 2022

From $236k in 2022 to $279k in 2023.

$236k
2022
$279k
2023
In today's dollarsEst.
Up 14% in real terms$273k to $312k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Island Institute reported revenue and expenses across 2 filing years.

RevenueExpenses
$11.3M
$9M
2022
$7.7M
$9.1M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Maine

Comparable education organizations in Maine pay their highest-earning executive a median of $80,951.

25th percentile
$39k
Median
$80,951
75th percentile
$149k
90th percentile
$374k

These are education sector-wide figures, not this organization's reported pay. Based on 67 organizations across 67 filings (2022 – 2023).

See full Education pay data for Maine
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