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Ithaka Harbors Inc.

Ithaka Harbors Inc.

New York, NY 10006
Tax ID13-3857105

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About this organization

Revenue

$94,172,699

Expenses

$88,855,069

Website

ithaka.org

Mission

To assist the academic community to use digital technologies to preserve the scholarly record and to advance research and teaching in sustainable ways.

About

JSTOR is a not-for-profit cloud-based library where scholars, students, and the public can access thousands of journals, books, images, and other content as well as tools that promote research, teaching, sharing, and contribution. JSTOR includes content from over 1,000 publishers and serves: 6 million unique monthly visitors; 10,000+ universities, schools, and institutions in 176 nations. In addition to the program service revenue of $76,853,085 reported above, Ithaka received grant revenue of $2,647,347 allocable to JSTOR reported on Part VIII Line 1F.

Interesting data from their 2020 990 filing

The non-profit's mission, as documented in the filing, is “Ithaka harbors inc.s mission as a non-profit organization is to help the academic community use digital technologies to preserve the scholarly record and to advance research and teaching in sustainable ways. it pursues this mission by providing innovative services that aid in the adoption of these technologies and that create lasting impact. it conducts rigorous research and thinks creatively with others about the impact and opportunities that advances in digital technology bring to the academic community, it shares what it learns as broadly as possible, and, when needed, it builds scalable enduring solutions. ithaka harbors inc. currently pursues its mission through three innovative program services that are among the most transformative and widely used services in higher education: ithaka s+r, jstor and portico. through a recent strategic alliance and subsequent merger with artstor inc., ithaka has enhanced its mission by facilitating access to artstors library of digital images and”.

When explaining its purpose, the activities were described as: “To assist the academic community to use digital technologies to preserve the scholarly record and to advance research and teaching in sustainable ways.”.

  • The non-profit is legally allowed to operate in the state of NY, as reported.
  • The filing provides the non-profit's address in 2020 as 101 GREENWICH STREET, New York, NY, 10006.
  • The non-profit has a total of 410 employees, as reported on their form for 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $5,317,630.
  • The CEO compensation strategy within the organization is determined through a review and approval process by a neutral party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has a foreign financial account.
  • The organization has 13 independent voting members.
  • The organization was formed in 1995.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $39,995,886 in salary, compensation, and benefits to its employees.
  • The organization pays $225,778 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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