The Institute maintains the William Crampton Library, based in Kingston upon Hull, England and named in honour of its co-founder. It publishes a quarterly 24-page full colour journal, "Flagmaster", and a virtual magazine called "eFlags". Since 2006 it has sponsored an annual public lecture on a flag-related topic, known as the 'Perrin Lecture'. It holds twice yearly meetings for its members in various locations around the United Kingdom. The Institute itself is governed by a Board of five elected Trustees who are advised by an appointed Council of members.