Public Charity

INSTITUTE FOR SHIPBOARD EDUCATION

INSTITUTE FOR SHIPBOARD EDUCATION is a nonprofit organization categorized as Public Charity based in FORT COLLINS, CO. Its most recent IRS filing (2025) reports revenue of $44.3M, expenses of $42.1M, total assets of $55.5M. Imperigo tracks 86 reported grant relationships connected to this organization totaling approximately $4.1M.

EIN: 953075415 FORT COLLINS, CO Higher Education NTEE: B40 Latest filing: 2025
Total Revenue$44.3M
Total Expenses$42.1M
Total Assets$55.5M
Grant Records86
Funding Total$4.1M
Filing Years2021–2025

Mission

JOURNEYS OF DISCOVERY THAT SPARK BOLD SOLUTIONS TO GLOBAL CHALLENGES.

Where $100 goes at Institute for Shipboard Education

How Institute for Shipboard Education divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$85 Programs the work itself
$11 Management running the organization
$4 Fundraising raising the next dollar

Inside the $85 for programs

$60
The institute delivers two voyage semesters each year
71% of program spending
$25
Every few years, the institute will operate alumni voyage events between its traditional voyage semesters
29% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Anthony Taormina
CFO/VP OF FINANCE Bobby Barber
TRUSTEE Cedric Dark
TRUSTEE Conrad Herrmann
TRUSTEE, CHAIR Dan Garvey
TRUSTEE Dennis Gertmenian

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$2,205,885 48 grants
Education
$1,858,138 34 grants
Unspecified
$10,850 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $44.3M $42.1M $55.5M
2024 $42.5M $41.3M $56.0M
2023 $39.5M $38.7M $58.0M
2022 $21.0M $24.8M $58.2M
2021 $5.8M $13.5M $59.1M

Between 2021 and 2025, reported annual revenue grew from $5.8M to $44.3M (+664%), with total assets most recently reported at $55.5M.

Interactive year-over-year charts and full filing details available with membership.

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