NEWPORT ART MUSEUM AND ART ASSOCIATION Charity Report

Public IRS 990 nonprofit record

NEWPORT ART MUSEUM AND ART ASSOCIATION

EIN 05-0258803 · Arts, Culture & Humanities (A510)

What they do

THE NEWPORT ART MUSEUMS MISSION is to SHARE A DIVERSITY of ART and EXPERIENCES THAT SPARK REFLECTION, INSPIRATION, and CONNECTION WITHIN OUR NEWPORT COMMUNITY and BEYOND. THE MUSEUM WAS FOUNDED IN 1912 ON THE BELIEF THAT ARTS and CULTURE HAVE THE POWER to BRING DIVERSE GROUPS of INDIVIDUALS TOGETHER, WHICH ULTIMATELY PROMOTES CIVIC ENGAGEMENT and STRENGTHENS THE SOCIAL FABRIC of OUR COMMUNITIES. THIS CORE BELIEF CONTINUES to GUIDE THE MUSEUMS DIRECTION TODAY. MUSEUM OFFERINGS RANGE FROM EXHIBITIONS and LECTURES to ART CLASSES IN ITS MUSEUM SCHOOL and ART TRIPS to OTHER CULTURAL INSTITUTIONS. LOCATED ON 3-ACRES ALONG BEAUTIFUL BELLEVUE AVENUE IN NEWPORT, RI, THE MUSEUMS GALLERIES ARE HOUSED IN TWO HISTORICALLY SIGNIFICANT BUILDINGS and FEATURE NOTABLE SPECIAL EXHIBITIONS AS WELL AS SELECTIONS FROM ITS GROWING PERMANENT COLLECTION. THE COLLECTION CURRENTLY INCLUDES NEARLY 2,750 WORKS of ART INCLUDING SCULPTURE, PAINTINGS, PRINTS, DRAWINGS, PHOTOGRAPHS, TEXTILES, and GLASS ART DATING F

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $60.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders18 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

85.38%of revenue went to mission work60.1% of expenses · Program services

23.36%of revenue went to fundraising16.4% of expenses

$142.13spent for every $100 of revenueSpending was higher than revenue this year.

33.39%of revenue went to management and office costs23.5% of expenses

$5.48in assets for every $1 spent this yearSome assets cannot be spent right away.

39.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $643,430 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $145,664 for DANIELLE OGDEN (EXECUTIVE DI). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,527,167

Mission workProgram services$1,303,90785.38% of revenue60.1% of expenses

ManagementOffice and general costs$509,89533.39% of revenue23.5% of expenses

FundraisingAsking for donations$356,79523.36% of revenue16.4% of expenses

Total expenses$2,170,597142.13% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 60.1% mission · 23.5% management · 16.4% fundraisingTotal expenses: 142.13% of revenue

2023Expense mix: 59.5% mission · 21.8% management · 18.7% fundraisingTotal expenses: 141.27% of revenue

2022Expense mix: 62.5% mission · 20.3% management · 17.3% fundraisingTotal expenses: 142.50% of revenue

2021Expense mix: 58.3% mission · 18.3% management · 23.3% fundraisingTotal expenses: 137.53% of revenue

2020Expense mix: 55.6% mission · 20.2% management · 24.2% fundraisingTotal expenses: 118.03% of revenue

2019Expense mix: 59.9% mission · 19.2% management · 21.0% fundraisingTotal expenses: 124.53% of revenue

2018Expense mix: 59.0% mission · 20.2% management · 20.8% fundraisingTotal expenses: 115.83% of revenue

2017Expense mix: 60.3% mission · 20.6% management · 19.1% fundraisingTotal expenses: 106.17% of revenue

Money in and money out

Revenue$1,527,167

Expenses$2,170,597

Annual shortfall $643,430 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,303,907 · 60.1% of expenses

Management and office costs$509,895 · 23.5% of expenses

Fundraising$356,795 · 16.4% of expenses

See all reported dollar amounts

Revenue$1,527,167

Expenses$2,170,597

Assets$11,893,365

Income$1,663,387

Contributions$594,843

Mission work (program services)$1,303,907

Fundraising$356,795

Management and general$509,895

Executive compensation (total)$109,268

Stocks and bonds$8,247,642

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DANIELLE OGDENEXECUTIVE DI · 40 hrs/week $145,664

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (18)

DANIELLE OGDENEXECUTIVE DI

JOHN BOUCHERTRUSTEE

WENDY KAGANTRUSTEE

SUSAN HUNTER PETREETREASURER

SUE METZGERTRUSTEE

RUTH THUMBTZENTRUSTEE

REBECCA REXTRUSTEE

NINA MURPHYTRUSTEE

LIZ MELLOTRUSTEE

JOHN HORTONTRUSTEE

ABBY ROACHTRUSTEE

FRANK GAROFOLOTRUSTEE

FRAN SLUTSKYTRUSTEE

ERIK SAARMAATRUSTEE

ELLIOT STULTZVICE PRESIDE

ELLIE VOORHESPRESIDENT

ELLEN BOWMANSECRETARY

BRENDAN ODONNELLVICE PRESIDE

About this charity

Recognized since: January 1941
Location: 76 BELLEVUE AVE, NEWPORT, RI 02840-7405
County: Newport
In care of: % JEFF / NORAH / MOLLY / LESLIE
Primary officer: DANIELLE OGDEN, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailmhickey@newportartmuseum.org Phone(401) 848-8200

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: FARMER FIRST & VINING PC CPAS
NTEE classification: Arts, Culture & Humanities (A510)
IRS tax category: Museums