Island Magazine Inc

Also known as “Island Magazine Donations Fund”, Island Magazine Inc is a medium-scale charity established in 1979. Their main activity is registered as culture and arts primarily serving general community in australia.

Publishing a quarterly art, culture and literature journal, supporting and advocating for artists, writers and people with literacy issues. Events and activities presented by the organisation also support these groups as well as the wider community.

Island Magazine Inc

Who They Help

  • General community in Australia
  • People in rural/regional/remote communities
  • Adults - aged 25 to under 65
  • Adults - aged 65 and over

Employees

Full-time
1
Part-time
3
Casual
0
Volunteers
4

Total employee expenses: $128,312 (44% of revenue).
Average full-time equivalent salary: $128,312.

Revenue vs Expenses

Island Magazine Inc has seen an average annual growth of 1% in revenue versus a 13% p.a. increase in expenses. This imbalance can sometimes mean a challenge for long-term financial management.

Assets vs Liabilities

As of 2017, Island Magazine Inc has a debt-to-equity (D/E) ratio of 0.81. This is considered slightly riskier than average within the charity space.

Sources of Revenue

Sources of Expense

Responsible People

Mary Knights
Board Member
Vern Field
Board Member
James Hattam
Deputy Chairperson
William Bleathman
Board Member
Geoffrey Heriot
Board Member

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ABN
19201893701
Registration Status
Charity is registered.
DGR Status
Endorsed

Donations can be claimed as a tax deduction. (Fund name: ISLAND MAGAZINE DONATIONS FUND).

Office Address
Level One, Old Mercury Building 91-93 Macquarie Street
Hobart
TAS 7000
Australia
Operating States
TAS
Entity Type
Other Incorporated Entity

Other incorporated entity includes an entity that has the same characteristics as a company but is not incorporated as a corporation's law company. This category includes: a branch of an overseas company not incorporated in Australia (often the name ends in corporation) incorporated associations which are incorporated under a State Act incorporated charitable institutions

Contacts
[email protected]

Website
Categories
literacy, art, culture, magazine, hobart, literature, tas