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Environment & Animals · 2023 Form 990

Governors Island Corporation: $65.2M Revenue, $54.1M Expenses

New York, New York · EIN 272683349 · Filing year 2023

Governors Island Corporation reported $65.2M in total revenue, $54.1M in total expenses, and $379.5M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $1.1M (1.63% of revenue). NonprofitTruth efficiency grade: C (58/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

Reviewed by NonprofitTruth Editorial Team · Updated
C
Efficiency Score
58/100

Key Facts (2023 Form 990)

Total Revenue
$65.2M
Total Expenses
$54.1M
Total Assets
$379.5M
Reserve Months
84.1 months
Surplus / (Deficit)
$11.1M
EIN
272683349
Latest 990 Year
2023
Current-Officer Compensation
$1.1M
Officer Comp % of Revenue
1.63%

Governors Island Corporation earns a C on the efficiency rubric — the median bucket on the NonprofitTruth scale, indicating performance close to the national midpoint across financial reserves, officer compensation, and revenue consistency. Composite score: 58/100.

Governors Island Corporation reported $65.2M in 2023 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. Reserves are the limiting factor: Governors Island Corporation carries relatively few months of operating expenses on its balance sheet, which can leave an organization exposed if a major funding source pauses.

Five-year revenue trajectory is strongly positive: Governors Island Corporation has grown materially in real terms, which usually signals successful fundraising and program expansion. Officer compensation is modest relative to organizational size: Governors Island Corporation reports $1.1M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $65.2M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. Governors Island Corporation works in Environment & Animals — environmental, conservation, animal-welfare, and natural-resources programs. The sector spans large international conservation groups and small local land trusts; the financial profile varies accordingly.


$65.2M
Revenue
$54.1M
Expenses
$379.5M
Total Assets
$1.1M
Officer Compensation

How Governors Island Corporation Compares

Governors Island Corporation earns a NonprofitTruth efficiency grade of C (58/100). That is 5 points below the Environment & Animals category average. Compensation for current officers and key employees represents 1.63% of total revenue. The organization holds 84.1 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$54.1M
Total Expenses
Filing year 2023
$1.1M
Officer Compensation
1.63% of revenue
84.1 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Governors Island Corporation reported $65.2M in revenue against $54.1M in total functional expenses for filing year 2023, holding roughly 84.1 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

The 990 reports $1.1M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 1.63% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.

Trend

Revenue History

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Governors Island Corporation has a NonprofitTruth Efficiency Score of C (58/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Governors Island Corporation, Donor FAQ

Governors Island Corporation has a NonprofitTruth Efficiency Score of C (58/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Governors Island Corporation reports $1.1M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 1.63% of the organization's $65.2M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.

Governors Island Corporation reported $65.2M in annual revenue and $54.1M in total expenses for filing year 2023. The organization holds $379.5M in total assets.

Governors Island Corporation holds approximately 84.1 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its C efficiency grade.

Governors Island Corporation is a registered 501(c) organization with EIN 272683349, based in New York, New York. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.