Nonprofit · EIN 23-6050131
INTERCOLLEGIATE STUDIES INSTITUTE INC
Tax-exempt · WILMINGTON, DE 19807
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $8,689,496 | $9,451,850 | -$762,354 | $37,084,256 | $2,176,466 | $34,907,790 |
| June 30, 2024 | 990 | $10,715,473 | $9,109,035 | $1,606,438 | $38,156,614 | $2,670,077 | $35,486,537 |
| June 30, 2023 | 990 | $13,639,241 | $7,493,107 | $6,146,134 | $34,930,256 | $2,157,723 | $32,772,533 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $7,152,310
- Program service revenue
- $25,000
- Investment income
- $1,334,164
- Net rental income
- $107,842
- Net gain from sales of assets
- $1,074,099
- Net income from sales of inventory
- $70,180
- Other revenue
- $178,022
Expenses
- Grants and similar amounts paid
- $859,951
- Compensation of officers, directors and key employees
- $577,068
- Other salaries and wages
- $2,292,188
- Salaries, compensation and benefits (total)
- $3,492,146
- Professional fundraising fees
- $91,502
- Legal fees
- $59,004
- Accounting fees
- $132,109
- Occupancy
- $470,912
- Travel
- $366,465
- Depreciation
- $478,775
- Program services (functional)
- $6,910,642
- Management and general (functional)
- $1,355,653
- Fundraising (functional)
- $1,185,555
Balance sheet and other
- Total assets, start of year
- $38,156,614
- Total assets, end of year
- $37,084,256
- Total liabilities, end of year
- $2,176,466
- Net assets, end of year
- $34,907,790
- Land, buildings and equipment
- $14,322,787
- Publicly traded securities
- $12,900,512
- Net assets without donor restrictions
- $23,980,146
- Net assets with donor restrictions
- $10,927,644
- Gross receipts
- $8,997,619
- Employees
- 37
- Volunteers
- 50
- Year formed
- 1952
- State of legal domicile
- DC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN A BURTKA IV | PRESIDENT & CEO Trustee or director, Officer | 50 | $330,719 | $27,165 |
| PAUL RHEIN | CHIEF OPERATING OFFICER Highest-paid employee | 50 | $155,992 | $39,174 |
| MATTHEW BRACH | CHIEF FINANCIAL OFFICER Officer | 50 | $171,852 | $21,317 |
| DANIEL MCCARTHY | VICE PRESIDENT AND EDITOR- Highest-paid employee | 50 | $172,565 | $15,445 |
| SPENCER KASHMANIAN | CHIEF OF STAFF Highest-paid employee | 50 | $154,179 | $31,506 |
| ETHAN SWAIN | DIRECTOR OF MAJOR GIFTS Highest-paid employee | 50 | $115,101 | $26,232 |
| THOMAS LYNCH | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| BYRON W SMITH | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| JOHN SLAVIC | SECRETARY-TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| LARRY ARNN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RICHARD BACIGALUPI | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ALEJANDRO CHAFUEN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RICK DEVOS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MICHAEL GLEBA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MARK HENRIE | TRUSTEE Trustee or director | 2 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRIS LONG | TRUSTEE Trustee or director | 2 | $0 |
| WILLIAM LONG | TRUSTEE Trustee or director | 2 | $0 |
| REGIS DE RAMEL | TRUSTEE Trustee or director | 2 | $0 |
| ALFRED S REGNERY | TRUSTEE Trustee or director | 2 | $0 |
| KEVIN ROBERTS | TRUSTEE Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN A BURTKA IV | PRESIDENT & CEO Trustee or director, Officer | 50 | $335,904 | $25,413 |
| PAUL RHEIN | CHIEF OPERATING OFFICER Highest-paid employee | 50 | $159,155 | $36,868 |
| DANIEL MCCARTHY | VICE PRESIDENT AND EDITOR-IN-CHIEF Highest-paid employee | 50 | $174,264 | $15,123 |
| ETHAN SWAIN | DIRECTOR OF MAJOR GIFTS Highest-paid employee | 50 | $161,532 | $20,691 |
| SPENCER KASHMANIAN | CHIEF OF STAFF Highest-paid employee | 50 | $130,860 | $29,096 |
| RYAN STANGLER | DIRECTOR OF FOUNDATION RELATIONS Highest-paid employee | 50 | $110,200 | $15,025 |
| THOMAS E LYNCH | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| BYRON W SMITH | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| JOHN SLAVIC | SECRETARY-TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| LARRY ARNN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RICHARD BACIGALUPI | TRUSTEE (FROM 6/24) Trustee or director | 2 | $0 | $0 |
| ALEJANDRO CHAFUEN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RICK DEVOS | TRUSTEE (FROM 6/24) Trustee or director | 2 | $0 | $0 |
| DAVID DURELL | TRUSTEE (UNTIL 3/24) Trustee or director | 2 | $0 | $0 |
| MICHAEL GLEBA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MARK HENRIE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CHRISTOPHER LONG | TRUSTEE Trustee or director | 2 | $0 | $0 |
| WILLIAM LONG | TRUSTEE Trustee or director | 2 | $0 | $0 |
| REGIS DE RAMEL | TRUSTEE (FROM 6/24) Trustee or director | 2 | $0 | $0 |
| ALFRED S REGNERY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| KEVIN ROBERTS | TRUSTEE Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN A BURTKA IV | PRESIDENT & CEO Trustee or director, Officer | 50 | $327,862 | $25,882 |
| DANIEL MCCARTHY | VICE PRESIDENT AND EDITOR Highest-paid employee | 50 | $177,736 | $13,123 |
| PAUL RHEIN | VICE PRESIDENT, OPERATIONS Highest-paid employee | 50 | $151,345 | $35,555 |
| ANTHONY CURTIS | DIRECTOR OF MAJOR GIFTS (UNTIL 12/22) Highest-paid employee | 50 | $124,928 | $11,517 |
| SPENCER KASHMANIAN | CHIEF OF STAFF Highest-paid employee | 50 | $107,167 | $26,049 |
| ETHAN SWAIN | DIRECTOR OF MAJOR GIFTS Highest-paid employee | 50 | $102,993 | $19,833 |
| KEVIN ROBERTS | TRUSTEE Trustee or director | 2 | $1,000 | $0 |
| THOMAS E LYNCH | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| BYRON W SMITH | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| JOHN SLAVIC | SECRETARY-TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| MICHAEL ABRAHAM | TRUSTEE Trustee or director | 2 | $0 | $0 |
| LARRY ARNN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ALEJANDRO CHAFUEN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DAVID DURELL | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MICHAEL GLEBA | TRUSTEE (FROM 6/2023) Trustee or director | 2 | $0 | $0 |
| MARK HENRIE | TRUSTEE (FROM 6/2023) Trustee or director | 2 | $0 | $0 |
| CHRISTOPHER LONG | TRUSTEE Trustee or director | 2 | $0 | $0 |
| WILLIAM LONG | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ALFRED S REGNERY | FORMER CHAIRMAN Trustee or director | 2 | $0 | $0 |
| BRIDGETT WAGNER | TRUSTEE (UNTIL 6/2023) Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3901 CENTERVILLE RD, WILMINGTON, DE 19807-1938
- Principal officer (990 for 2024)
- JOHN A BURTKA IV, 3901 CENTERVILLE RD, WILMINGTON, DE 19807
- Signed the 990
- JOHN A BURTKA IV, PRESIDENT
- Phone
- (302) 652-4600
- Website
- WWW.ISI.ORG
- Return prepared by
- BONADIO & CO LLP
Mission
WE INSPIRE COLLEGE STUDENTS TO DISCOVER, EMBRACE, AND ADVANCE THE PRINCIPLES THAT MAKE AMERICA GOOD, FREE, AND PROSPEROUS.
Program accomplishments
- 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.Expenses $4,769,464 · grants $234,623
- 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.Expenses $444,967
- 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.Expenses $1,696,211 · grants $625,328 · revenue $25,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-6050131
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1954
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B40Z)
- Assets (IRS master file)
- $37,084,256
- Income (IRS master file)
- $8,997,619
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $8,689,496 | $9,451,850 | $37,084,256 | IRS |
| 990 | June 2024 | $10,715,473 | $9,109,035 | $38,156,614 | XML |
| 990 | June 2023 | $13,639,241 | $7,493,107 | $34,930,256 | XML |
| 990 | June 2022 | $14,292,393 | $7,026,104 | $26,706,628 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-6050131).
Questions about INTERCOLLEGIATE STUDIES INSTITUTE INC
- What is the EIN of INTERCOLLEGIATE STUDIES INSTITUTE INC?
- The employer identification number (EIN) of INTERCOLLEGIATE STUDIES INSTITUTE INC is 23-6050131.
- Is INTERCOLLEGIATE STUDIES INSTITUTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1954.
- Are donations to INTERCOLLEGIATE STUDIES INSTITUTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INTERCOLLEGIATE STUDIES INSTITUTE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INTERCOLLEGIATE STUDIES INSTITUTE INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INTERCOLLEGIATE STUDIES INSTITUTE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of INTERCOLLEGIATE STUDIES INSTITUTE INC?
- The 990 for the year ended June 30, 2025 names JOHN A BURTKA IV.
- Who are the officers and directors of INTERCOLLEGIATE STUDIES INSTITUTE INC?
- The 990 for the year ended June 30, 2025 lists 20 people; 6 received compensation from the organization, the highest $330,719 (JOHN A BURTKA IV, PRESIDENT & CEO).
- How much revenue does INTERCOLLEGIATE STUDIES INSTITUTE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $8,689,496, expenses of $9,451,850 and total assets of $37,084,256 at year end.
Other nonprofits in WILMINGTON
- ODYSSEY CHARTER SCHOOL INCORPORATED EIN 20-1787299 · last filed 990 for 2025
- HOMER SKELTON CHARITABLE FOUNDATION EIN 62-1578268 · last filed 990-PF for 2024
- TOWER HILL SCHOOL EIN 51-0065745 · last filed 990 for 2025
- GOLDEY BEACOM COLLEGE INC EIN 51-0109178 · last filed 990 for 2025
- LEE INC EIN 20-8848357 · last filed 990 for 2024
- UNIVERSITY OF THE PEOPLE EIN 26-4078735 · last filed 990 for 2025
- TATNALL SCHOOL INC EIN 51-0071443 · last filed 990 for 2025
- KUUMBA ACADEMY CHARTER SCHOOL INC EIN 51-0399911 · last filed 990 for 2025