PRESERVE RHODE ISLAND Charity Report

Public IRS 990 nonprofit record

PRESERVE RHODE ISLAND

EIN 05-6012417 · Arts, Culture & Humanities (A800)

What they do

PRESERVE RIS VISION is A FUTURE WHERE HISTORIC PRESERVATION CREATES POSITIVE CHANGE, MAKING OUR DIVERSE CULTURES, THE ENVIRONMENT, and THE ECONOMY BETTER for THE PEOPLE WHO LIVE, VISIT and WORK IN RHODE ISLAND. PRESERVE RIS MISSION is to PROTECT and ACTIVATE HISTORIC PLACES for THE BENEFIT of ALL RHODE ISLANDERS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $70.20 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 leaders27 people are listed in the latest report.

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

Money made simple

88.44%of revenue went to mission work70.2% of expenses · Program services

18.44%of revenue went to fundraising14.6% of expenses

$126.02spent for every $100 of revenueSpending was higher than revenue this year.

19.15%of revenue went to management and office costs15.2% of expenses

$8.05in assets for every $1 spent this yearSome assets cannot be spent right away.

52.8%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 $291,819 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $95,370 for VALERIE TALMAGE (EX DIRECTOR (PAST)). 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$1,121,411

Mission workProgram services$991,74688.44% of revenue70.2% of expenses

ManagementOffice and general costs$214,69519.15% of revenue15.2% of expenses

FundraisingAsking for donations$206,78918.44% of revenue14.6% of expenses

Total expenses$1,413,230126.02% 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: 70.2% mission · 15.2% management · 14.6% fundraisingTotal expenses: 126.02% of revenue

2023Expense mix: 70.4% mission · 13.7% management · 15.9% fundraisingTotal expenses: 110.77% of revenue

2022Expense mix: 72.4% mission · 12.3% management · 15.3% fundraisingTotal expenses: 179.88% of revenue

2021Expense mix: 78.5% mission · 9.5% management · 12.0% fundraisingTotal expenses: 149.57% of revenue

2020Expense mix: 90.5% mission · 4.2% management · 5.2% fundraisingTotal expenses: 80.34% of revenue

2019Expense mix: 70.6% mission · 14.9% management · 14.5% fundraisingRevenue comparison unavailable

2018Expense mix: 68.0% mission · 21.7% management · 10.3% fundraisingTotal expenses: 94.06% of revenue

Money in and money out

Revenue$1,121,411

Expenses$1,413,230

Annual shortfall $291,819 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)$991,746 · 70.2% of expenses

Management and office costs$214,695 · 15.2% of expenses

Fundraising$206,789 · 14.6% of expenses

See all reported dollar amounts

Revenue$1,121,411

Expenses$1,413,230

Assets$11,373,230

Income$2,303,863

Contributions$591,743

Mission work (program services)$991,746

Fundraising$206,789

Management and general$214,695

Executive compensation (total)$104,281

Stocks and bonds$6,813,887

Accounting fees$45,697

Investing fees$67,136

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

VALERIE TALMAGEEX DIRECTOR (PAST) · 40 hrs/week $95,370Base $92,563 · Other $2,807

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 (27)

VALERIE TALMAGEEX DIRECTOR (PAST)

JOHN WOOLSEYCO CHAIRPERSON

WILLIAM W KENYONSECRETARY

THERESA GUZMAN STOKESTRUSTEE

SHERYL HACKEX DIRECTOR (CURRENT)

SHEILA BRUSHTRUSTEE

ROSALIND WEIRTRUSTEE

RONALD ONORATOTRUSTEE

REBECCA J BERTRANDCO CHAIRPERSON

MICHAEL SHERRYTRUSTEE

KRISTIN DEKUIPERTRUSTEE

KRISTEN A CARRON ESQTRUSTEE

KIMBERLY SMITH BARNETTTREASURER

KATHLEEN A RYAN ESQTRUSTEE

ABIGAIL CAMPBELL-KINGTRUSTEE

JERRY W DAUTERIVE PHDTRUSTEE

JEREMIHA E DE RHAMTRUSTEE

JENNIFER SUELLENTROPTRUSTEE

JAMES MICHAEL ABBOTTTRUSTEE

ERICA LUKETRUSTEE

ELIZABETH GODDARDTRUSTEE

DAVID ABBOTTTRUSTEE

CLARK SCHOETTLETRUSTEE

CHRISTOPHER G PONDERCO CHAIRPERSON

BRETT N PELLETIERTRUSTEE

AMY SONDERTRUSTEE

AMY OAKLEYTRUSTEE

About this charity

Recognized since: January 1966
Location: 957 NORTH MAIN STREET, PROVIDENCE, RI 02904
County: Providence
In care of: SHERYL HACK
Primary officer: SHERYL HACK, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailstaff@preserveri.orgLippitt Phone(401) 272-5101

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CAMPANA SARZA & TATEWOSIAN
NTEE classification: Arts, Culture & Humanities (A800)
IRS tax category: Historical Sites