According to the Earth Island Institute audit of June 30, 2023 (Note 11, Related Party Transactions): "The Organization leases office space from the David Brower Center (see Note 10 [portions cited, below]). Furthermore, the Organization has several board members that serve on the board of the David Brower Center."
According to the Earth Island Institute audit of June 30, 2023 (Note 10, Operating Lease Right-of-Use Asset and Liability, David Brower Center): "The Organization's main office is located at the David Brower Center in Berkely, California. This lease expires on April 30, 2027. The monthly rent at June 30, 2023, was $25,971. The Organization has been subleasing some of its office spaces at David Brower Center to other unrelated parties. These subleases are currently on a month-to-month basis. The David Brower Center is a California non-profit organization that qualifies within the meaning of Section 509(a)(3) of the International Revenue Code as a supporting organization for public charities described in Section 509(a)(1) or (2) of the International Revenue Code. The David Brower Center has designated two support organizations - one of them is the Earth Island Institute, Inc. The David Brower Center engages in efforts to protect the natural world, educates the public about the natural world, and promotes sustainable human communities." According to the Earth Island Institute audit of June 30, 2023 (Note 10, Operating Lease Right-of-Use Asset and Liability, Other Offices): "In addition, the projects of the Organization also have separate offices that are under month-to-month leases. The Organization also pays some of the project directors for the usage of their home offices. The rent and occupancy costs incurred during the years ended June 30, 2023 and June 30, 2022 for all the leases, net of sublease income, totaled $537,737 and $438,296, respectively..."
|