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Nonprofit · EIN 82-4494544

ISLAND TREASURE FOUNDATION

Tax-exempt · BELLEVUE, WA 98009

Financials

$24K$58K2023$31K$42K2024
Revenue Expenses · by fiscal year end
Financials of ISLAND TREASURE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$30,946$42,074-$11,128$27,210$2,400$24,810
June 30, 2024990$24,460$57,978-$33,518$39,418$3,480$35,938
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$25,156
Program service revenue
$0
Investment income
$0
Net income from fundraising events
$5,790
Other revenue
$5,790

Expenses

Grants and similar amounts paid
$10,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$12,247
Program services (functional)
$27,037
Management and general (functional)
$15,037

Balance sheet and other

Total assets, start of year
$39,418
Total assets, end of year
$27,210
Total liabilities, end of year
$2,400
Net assets, end of year
$24,810
Net assets without donor restrictions
$24,810
Gross receipts
$30,946
Employees
0
Volunteers
4
Year formed
2018
State of legal domicile
WA

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.

NameTitleHours / weekCompensation
ELLEN BUSHTREASURER
Trustee or director, Officer
5$5,000
CYNTHIA L SEARSPRESIDENT
Trustee or director, Officer
5$0
DAVID LEWISVICE PRESIDENT
Trustee or director, Officer
5$0
HIDD VAN DUYMSECRETARY
Trustee or director, Officer
5$0
CLAUDIA ANDERSONVICE PRESIDENT
Trustee or director, Officer
5$0
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensation
CYNTHIA L SEARSPRESIDENT
Trustee or director, Officer
5$0
CLAUDIA ANDERSONVICE PRESIDENT
Trustee or director, Officer
5$0
HIDD VAN DUYMSECRETARY
Trustee or director, Officer
5$0
ELLEN BUSHTREASURER
Trustee or director, Officer
5$0

Address and contacts

Address (IRS master file)
PO BOX 1458, BELLEVUE, WA 98009-1458
In care of
% HEATHER ESTRADA
Principal officer (990 for 2024)
CYNTHIA L SEARS, PO BOX 1458, BELLEVUE, WA 98009
Signed the 990
CYNTHIA L SEARS, PRESIDENT
Phone
(425) 250-0051
Return prepared by
VWC PS

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.

990 for the year ended June 30, 2025

Program accomplishments

  • 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.
    Expenses $27,037 · grants $10,000

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
82-4494544
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
June
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$27,210
Income (IRS master file)
$30,946

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$30,946$42,074$27,210IRS
990June 2024$24,460$57,978$39,418IRS
990June 2023$79,375$13,570$71,843IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––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 82-4494544).

Questions about ISLAND TREASURE FOUNDATION

What is the EIN of ISLAND TREASURE FOUNDATION?
The employer identification number (EIN) of ISLAND TREASURE FOUNDATION is 82-4494544.
Is ISLAND TREASURE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to ISLAND TREASURE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ISLAND TREASURE FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of ISLAND TREASURE FOUNDATION 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 ISLAND TREASURE FOUNDATION 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 ISLAND TREASURE FOUNDATION?
The 990 for the year ended June 30, 2025 names CYNTHIA L SEARS.
Who are the officers and directors of ISLAND TREASURE FOUNDATION?
The 990 for the year ended June 30, 2025 lists 5 people; 1 received compensation from the organization, the highest $5,000 (ELLEN BUSH, TREASURER).
How much revenue does ISLAND TREASURE FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $30,946, expenses of $42,074 and total assets of $27,210 at year end.

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