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Nonprofit · EIN 81-2886744

ILLUSTRATION INSTITUTE

Tax-exempt · PORTLAND, ME 04101

Financials

$610K$171K2023$147K$227K2024$236K$308K2025
Revenue Expenses · by fiscal year end
Financials of ILLUSTRATION INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$236,216$307,549-$71,333$1,297,163$90,815$1,206,348
December 31, 2024990$147,443$227,356-$79,913$1,371,770$94,089$1,277,681
December 31, 2023990$610,283$170,687$439,596$1,454,610$97,016$1,357,594
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$198,325
of which government grants
$45,500
Program service revenue
$31,267
Investment income
$6,624
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$140,000
Other salaries and wages
$70,000
Salaries, compensation and benefits (total)
$86,730
Professional fundraising fees
$0
Travel
$2,924
Depreciation
$1,226
Program services (functional)
$231,232
Management and general (functional)
$53,217
Fundraising (functional)
$23,100

Balance sheet and other

Total assets, start of year
$1,371,770
Total assets, end of year
$1,297,163
Total liabilities, end of year
$90,815
Net assets, end of year
$1,206,348
Land, buildings and equipment
$836,754
Net assets without donor restrictions
$1,206,348
Gross receipts
$236,216
Employees
3

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
NANCY GIBSON-NASHCO FOUNDER
Trustee or director
40$70,000
SCOTT NASHCO FOUNDER
Trustee or director
40$70,000
COZBI CABRERABOARD MEMBER
Trustee or director
–$0
SARAH CAMPBELLEXECUTIVE DI
Trustee or director
–$0
DEBORAH CHASEBOARD MEMBER
Trustee or director
–$0
DAVID CURRIERAGENT
Trustee or director
–$0
JOHN B FAISONBOARD MEMBER
Trustee or director
–$0
DANIEL MINTERBOARD MEMBER
Trustee or director
–$0
BRYN ROBERTSBOARD MEMBER
Trustee or director
–$0
JERRY SLAVETCO FOUNDER
Trustee or director
–$0
PAUL G CLANCYTREASURER
Officer
–$0
DALE FREUDENBERGERPRESIDENT
Officer
–$0
990 for the year ended December 31, 2024: 12 people
NameTitleHours / weekCompensation
NANCY GIBSON-NASHCO FOUNDER
Trustee or director
40$37,692
SCOTT NASHCO FOUNDER
Trustee or director
40$37,692
COZBI CABRERABOARD MEMBER
Trustee or director
–$0
SARAH CAMPBELLEXECUTIVE DI
Trustee or director
–$0
DEBORAH CHASEBOARD MEMBER
Trustee or director
–$0
DAVID CURRIERAGENT
Trustee or director
–$0
JOHN B FAISONBOARD MEMBER
Trustee or director
–$0
DANIEL MINTERBOARD MEMBER
Trustee or director
–$0
BRYN ROBERTSBOARD MEMBER
Trustee or director
–$0
JERRY SLAVETCO FOUNDER
Trustee or director
–$0
PAUL G CLANCYTREASURER
Officer
–$0
DALE FREUDENBERGERPRESIDENT
Officer
–$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
NANCY GIBSON-NASHCO FOUNDER
Trustee or director
20$50,000
SCOTT NASHCO FOUNDER
Trustee or director
20$50,000
COZBI CABRERABOARD MEMBER
Trustee or director
–$0
SARAH CAMPBELLEXECUTIVE DI
Trustee or director
–$0
DEBORAH CHASEBOARD MEMBER
Trustee or director
–$0
DAVID CURRIERAGENT
Trustee or director
–$0
JOHN B FAISONBOARD MEMBER
Trustee or director
–$0
DANIEL MINTERBOARD MEMBER
Trustee or director
–$0
BRYN ROBERTSBOARD MEMBER
Trustee or director
–$0
JERRY SLAVETCO FOUNDER
Trustee or director
–$0
PAUL G CLANCYTREASURER
Officer
–$0
DALE FREUDENBERGERPRESIDENT
Officer
–$0

Address and contacts

Address (IRS master file)
2 UNION ST STE 400, PORTLAND, ME 04101-4296
In care of
% SCOTT C NASH
Principal officer (990 for 2025)
PAUL G CLANCY, 30 WHITEHEAD ST, PEAKS ISLAND, ME 04108
Signed the 990
SCOTT NASH, CO FOUNDER
Phone
(207) 772-3585
Return prepared by
ROBERT G RICE PC

Mission

TO RAISE APPRECIATION AND AWARENESS OF ILLUSTRATION IN ITS MANY FORMS BY PROVIDING PEOPLE OF ALL AGES THE OPPORTUNITY TO LEARN DIRECTLY FROM MASTER ARTISTS AND WORKING PROFESSIONALS THROUGH EXHIBITIONS AND WORKSHOPS PROVIDED AT PUBLIC LIBRARIES

990 for the year ended December 31, 2025

Program accomplishments

  • RAISE APPRECIATION AND AWARENESS OF ILLUSTRATION IN ITS MANY FORMS BY PROVIDING PEOPLE OF ALL AGES THE OPPORTUNITY TO LEARN DIRECTLY FROM MASTER ARTISTS AND WORKING PROFESSIONALS THROUGH EXHIBITIONS AND WORKSHOPS PROVIDED AT PUBLIC LIBRARIES.
    Expenses $198,187 · revenue $31,267
  • TO RAISE APPRECIATION AND AWARENESS OF ILLUSTRATION IN ITS MANY FORMS BY PROVIDING PEOPLE OF ALL AGES THE OPPORTUNITY TO LEARN DIRECTLY FROM MASTER ARTISTS AND WORKING PROFESSIONALS THROUGH EXHIBITIONS AND WORKSHOPS PROVIDED AT PUBLIC LIBRARIES
    Expenses $33,045

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-2886744
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
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,297,163
Income (IRS master file)
$236,216

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$236,216$307,549$1,297,163XML
990December 2024$147,443$227,356$1,371,770XML
990December 2023$610,283$170,687$1,454,610XML
990December 2022$150,063$161,189$1,021,648IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 81-2886744).

Questions about ILLUSTRATION INSTITUTE

What is the EIN of ILLUSTRATION INSTITUTE?
The employer identification number (EIN) of ILLUSTRATION INSTITUTE is 81-2886744.
Is ILLUSTRATION INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to ILLUSTRATION INSTITUTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ILLUSTRATION INSTITUTE 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 ILLUSTRATION INSTITUTE due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ILLUSTRATION INSTITUTE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of ILLUSTRATION INSTITUTE?
The 990 for the year ended December 31, 2025 names PAUL G CLANCY.
Who are the officers and directors of ILLUSTRATION INSTITUTE?
The 990 for the year ended December 31, 2025 lists 12 people; 2 received compensation from the organization, the highest $70,000 (NANCY GIBSON-NASH, CO FOUNDER).
How much revenue does ILLUSTRATION INSTITUTE have?
On its 990 for the year ended December 31, 2025 it reported revenue of $236,216, expenses of $307,549 and total assets of $1,297,163 at year end.

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