NonprofitsCompany Of The Redwood Library And Athenaem

Company Of The Redwood Library And Athenaem

NEWPORT, RI

Total revenue

$2.4M

Total expenses

$2.0M

Net assets

$28.4M

Grants received

$1.3M

43 grants

EIN

050260678

Tax year

2023

Mission

Founded in 1747 on the enlightenment ideals of intellectual pursuit and civic engagement, the redwood library and athenaeum generates knowledge in the humanities for the benefit of the widest possible audience with nothing in view but the good of mankind".

Programs

3 programs

Circulation library: open to the public 7 days a week. Patrons, researchers, scholars and visitors can enjoy the more than 200,000 volumes, more than 200 current periodicals, hundreds of cd's,books-on-tape, and e-books available to be checked out by members on-site and through interlibrary loan.

Expenses: $135K

Research library: personal attention is provided to researchers and scholars to assist them with independent research. It showcases a permanent exhibition of 18th and 19th century art, including portraits by john smibert, gilbert stuart, robert feke, rembrandt peale, and charles bird king; townsend and goddard furniture; colonial silver, ceramics, paper-based art, and more; and a national historic landmark building, the first public classical building in the colonies.

Expenses: $334K

Preservation of historic architecture

Expenses: $174K

Financials

FY 2023

Revenue

Contributions & grants$1.6M
Program service revenue$49K
Investment income$569K
Other revenue$190K
Total revenue$2.4M

Expenses

Grants paid
Salaries & benefits$775K
Fundraising$444K
Other expenses$1.2M
Total expenses$2.0M
Total assets$28.7M
Net assets$28.4M

People

22 listed

NameRoleCompensation

BENEDICT LECA

EXECUTIVE DIRECTOR

Board

$136K

40 hrs/wk

AIDA NEARY

DIRECTOR

Board

0.5 hrs/wk

MICHELLE DRUM

SECRETARY

Board

1 hrs/wk

JOHN D HARRIS II

DIRECTOR

Board

0.5 hrs/wk

JACALYN EGAN

DIRECTOR

Board

0.5 hrs/wk

JOHN R GRACE

DIRECTOR

Board

0.5 hrs/wk

JANET ALEXANDER PELL

PRESIDENT

Board

1 hrs/wk

MICHAEL GEWIRZ

DIRECTOR

Board

0.5 hrs/wk

WARING PARTRIDGE

DIRECTOR

Board

0.5 hrs/wk

MARVIN ABNEY

DIRECTOR

Board

0.5 hrs/wk

EDWIN G FISCHER MD

EMERITUS DIRECTOR

Board

0.5 hrs/wk

R DANIEL PRENTISS ESQ

EMERITUS DIRECTOR

Board

0.5 hrs/wk

EARL A POWELL III

DIRECTOR

Board

0.5 hrs/wk

JEFFREY SIEGAL

DIRECTOR

Board

0.5 hrs/wk

M HOLT MASSEY

TREASURER

Board

1 hrs/wk

DANIEL BENSON

VICE PRESIDENT

Board

1 hrs/wk

EDWARD KANE

EMERITUS DIRECTOR

Board

0.5 hrs/wk

ANDY RIDALL

DIRECTOR

Board

0.5 hrs/wk

SUSAN SIPPRELLE

DIRECTOR

Board

0.5 hrs/wk

MAURA CULLEN

DIRECTOR

Board

0.5 hrs/wk

ROBIN WARREN

DIRECTOR

Board

0.5 hrs/wk

JOSIAH BUNTING III

DIRECTOR

Board

0.5 hrs/wk

Grants received

Showing 43 of 43

FromAmountPurposeYear
$21K
ARTS AND CULTURE
2024
$6K
ART - ARTS AND CULTURE (PRIMARY)
2024
$1K
GENERAL PURPOSE
2024
$250K
ENDOWMENT
2023
$115K
UNRESTRICTED AND ENDOWMENT FOR GENERAL OPERATIONS
2023
$59K
For grant recipient's exempt purposes
2023
$50K
Capital Campaign
2023
$10K
FOR GENERAL SUPPORT.
2023
$10K
UNRESTRICTED GENERAL SUPPORT
2023
$10K
ARTS AND CULTURE
2023
$500
General & Unrestricted
2023
$250K
ENDOWMENT
2022
$68K
For grant recipient's exempt purposes
2022
$60K
ARTS AND CULTURE
2022
$7K
GENERAL OPERATING SUPPORT
2022
$500
General & Unrestricted
2022
$31K
For grant recipient's exempt purposes
2021
$31K
For grant recipient's exempt purposes
2021
$5K
CAPITAL CAMPAIGN
2021
$20K
For grant recipient's exempt purposes
2020
$8K
ARTS AND CULTURE
2020
$8K
NEWPORT IN THE AGE OF REVOLUTION 1763-1783
2020
$8K
NEWPORT IN THE AGE OF REVOLUTION 1763-1783
2020
$20K
For grant recipient's exempt purposes
2019
$10K
ARTS AND CULTURE
2019
$23K
For grant recipient's exempt purposes
2018
$15K
SYMPOSIA AND PROGRAM ON CALVIN TOMPKINS 'SINCE 1960'
2018
$20K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$15K
PUBLIC, SOCIETAL BENEFIT
2017

Funded by

$1.3M from 13 funders · 43 grants · 2017–2024

Fidelity Foundation

$500K · 2 grants · 2022–2023

Fidelity Investments Charitable Gift Fund

$271K · 8 grants · 2017–2023

Van Beuren Charitable Foundation Inc

$120K · 2 grants · 2020–2023

National Philanthropic Trust

$118K · 6 grants · 2017–2023

Gs Donor Advised Philanthropy Fund

$109K · 5 grants · 2019–2024

The Rhode Island Community Foundation

$60K · 12 grants · 2020–2024

Boston Foundation Inc

$50K · 1 grant · 2023

Via Art Fund Inc

$15K · 1 grant · 2018

Details

EIN050260678
Subsection03
Ruling date1935-01
Formed1747
Employees15
Volunteers0
COMPANY OF THE REDWOOD LIBRARY AND ATHENAEM — Mission, Financials & Grants Received | Grantivo