NEWPORT ART MUSEUM AND ART ASSOCIATION

EIN: 050258803 501(c)(3) Arts, Culture & Humanities

NEWPORT, RI

Total Revenue
$1,401,027
Total Expenses
$1,979,278
Total Assets
$11,906,828
Net Assets
$10,832,568
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1912
Legal Domicile
RI
Principal Officer
DANIELLE OGDEN
Phone
4018488200
Tax Period
2023-01-01 to 2023-12-31

NEWPORT ART MUSEUM AND ART ASSOCIATION, founded in 1912, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.4M in total revenue in fiscal year 2023. Expenses of $2.0M exceeded revenue, resulting in a 41% operating deficit.

Mission

THE NEWPORT ART MUSEUM'S 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 MUSEUM'S 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 MUSEUM'S 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

Program Service Accomplishments

Program 1
Expenses: $591,277 Revenue: $77,240

EXHIBITION HIGHLIGHTS INCLUDE: "GEORGIA O'KEEFFE: 'THINGS I HAD NO WORDS FOR'" (JULY 16 - OCTOBER 16, 2022), WHICH FEATURED OIL PAINTINGS, DRAWINGS, AND WATERCOLORS THAT CELEBRATED O'KEEFFE'S...

Read more

EXHIBITION HIGHLIGHTS INCLUDE: "GEORGIA O'KEEFFE: 'THINGS I HAD NO WORDS FOR'" (JULY 16 - OCTOBER 16, 2022), WHICH FEATURED OIL PAINTINGS, DRAWINGS, AND WATERCOLORS THAT CELEBRATED O'KEEFFE'S EXPLORATION OF ABSTRACTION, WHICH ESTABLISHED HER AS ONE OF THE FOUNDATIONAL AMERICAN MODERNISTS. POWERFUL, BOLD, COLORFUL, AND EVOCATIVE, O'KEEFFE'S ABSTRACTIONS REPRESENT HER UNIQUE STYLE AND APPROACH TO NATURE AND LANDSCAPE. THIS EXHIBITION MARKED THE SECOND SHOW OF GEORGIA O'KEEFFE'S WORK AT THE NEWPORT ART MUSEUM. O'KEEFFE FIRST EXHIBITED HER WORK, WITH OTHER AMERICAN MODERN ARTISTS, IN 1938 AND ALONGSIDE AN EXHIBITION OF GERTRUDE VANDERBILT WHITNEY'S SCULPTURE. ON VIEW AT THE SAME TIME, "DONNA MARIA BRUTON: 'FROM SENSE TO SOUL'" SHOWCASED THE WORK OF ARTIST AND EDUCATOR, DONNA MARIA BRUTON WHO CREATED MANY EVOCATIVE WORKS OF ART FROM HER MEMORIES AND EXPERIENCES. COMBINING AND COLLAGING CANVAS, BOARD, PAPER, AND PAINT, BRUTON CREATED COLORFUL AND TEXTURED DREAMSCAPES WHERE RECOGNIZABLE OBJECTS AND ABSTRACT FORMS COALESCE AND INTERMINGLE. FOCUSING ON A SELECTION OF BRUTON'S WORK FROM THE 1990S-2000S, WHICH INCLUDES OBJECTS FROM THE MUSEUM'S PERMANENT COLLECTION AND LOANS, THIS EXHIBITION CELEBRATES BRUTON'S CAREER AND HER CONTRIBUTIONS TO AMERICAN ART.

Program 2
Expenses: $437,668 Revenue: $232,815

THE NEWPORT ART MUSEUM OFFERS YEAR-ROUND ARTS EDUCATION PROGRAMMING FOR ALL AGES AND EXPERIENCE LEVELS AT ITS MUSEUM SCHOOL. ADDITIONALLY, THE MUSEUM SCHOOL'S TEACHING ARTISTS PROVIDE EDUCATIONAL...

Read more

THE NEWPORT ART MUSEUM OFFERS YEAR-ROUND ARTS EDUCATION PROGRAMMING FOR ALL AGES AND EXPERIENCE LEVELS AT ITS MUSEUM SCHOOL. ADDITIONALLY, THE MUSEUM SCHOOL'S TEACHING ARTISTS PROVIDE EDUCATIONAL EXPERIENCES FOR A VARIETY OF PARTNERING ORGANIZATIONS, BOTH ON AND OFF SITE. THESE INCLUDE AFTER SCHOOL ARTS PROGRAMS AT PELL AND AQUIDNECK ELEMENTARY SCHOOLS, A FULL TIME ARTS EDUCATION PROGRAM AT LIFESPAN HOSPITAL'S BRADLEY SCHOOLS, AND PROGRAMS IN THE SCHOOL'S CERAMICS STUDIO WITH FABNEWPORT AND THE EAST BAY MET SCHOOL. THE MUSEUM SCHOOL RENTS STUDIO SPACE TO A DEDICATED GROUP OF CERAMICS ARTISTS AND THE RI OPEN DRAWING GROUP, AND HOSTS COMMUNITY EXHIBITIONS IN ITS HALLWAY WHICH HIGHLIGHT WORK BY STUDENTS AND ARTISTS WITH DIVERSE BACKGROUNDS.

Program 3
Expenses: $148,537 Revenue: $45,841

NEWPORT ART MUSEUM HAS ENRICHED THE COMMUNITY, STATE AND REGION WITH VIBRANT AND DIVERSE ARTS PROGRAMMING FOR 110 YEARS. IN ADDITION TO EXHIBITIONS FEATURING LOCAL ARTISTS, AS WELL AS THOSE WHO...

Read more

NEWPORT ART MUSEUM HAS ENRICHED THE COMMUNITY, STATE AND REGION WITH VIBRANT AND DIVERSE ARTS PROGRAMMING FOR 110 YEARS. IN ADDITION TO EXHIBITIONS FEATURING LOCAL ARTISTS, AS WELL AS THOSE WHO EXHIBIT INTERNATIONALLY, THE MUSEUM OFFERED A WIDE ARRAY OF PUBLIC PROGRAMMING, WHICH INCLUDED ARTISTS' TALKS, SCHOLARLY LECTURES, DISCUSSIONS, FREE COMMUNITY EVENTS, STORYTELLING, DOCENT-LED TOURS, A MUSEUM READS BOOK GROUP, AND A VARIETY OF OFFERINGS WITH PARTNERING ORGANIZATIONS, INCLUDING LIFESPAN HOSPITALS BRADLEY SCHOOLS, NEWPORT COMMUNITY SCHOOL, THE PUBLIC'S RADIO, RHODE ISLAND BLACK STORYTELLERS, THE WOMEN'S RESOURCE CENTER, AND MANY OTHERS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $494,126
Program Service Revenue $362,547
Investment Income $196,854
Other Revenue $347,500
TOTAL REVENUE $1,401,027

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,005,762
Fundraising Expenses $369,706
Program Expenses $1,177,482
Other Expenses $973,516
TOTAL EXPENSES $1,979,278

Year-over-Year Comparison

2023 2022 Change
Revenue $1,401,027 $1,404,768 0.0%
Expenses $1,979,278 $2,001,859 0.0%
Net Income $-578,251 $-597,091 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
18
Independent Members
18
Employees
28
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELLIE VOORHES CHAIR 2.00
Officer Director
$0 $0 $0
BRENDAN O'DONNELL VICE PRESIDE 2.00
Officer Director
$0 $0 $0
ELLIOT STULTZ VICE PRESIDE 2.00
Officer Director
$0 $0 $0
SUSAN HUNTER PETREE TREASURER 2.00
Officer Director
$0 $0 $0
ELLEN BOWMAN SECRETARY 2.00
Officer Director
$0 $0 $0
JOHN BOUCHER TRUSTEE 0.50
Director
$0 $0 $0
ELIZABETH BROOKS TRUSTEE 0.50
Director
$0 $0 $0
KIMBERLY CUMMINS TRUSTEE 0.50
Director
$0 $0 $0
FRANK GAROFOLO TRUSTEE 0.50
Director
$0 $0 $0
JOHN HORTON TRUSTEE 0.50
Director
$0 $0 $0
WENDY KAGAN TRUSTEE 0.50
Director
$0 $0 $0
LIZ MELLO TRUSTEE 0.50
Director
$0 $0 $0
SUE METZGER TRUSTEE 0.50
Director
$0 $0 $0
NINA MURPHY TRUSTEE 0.50
Director
$0 $0 $0
REBECCA REX TRUSTEE 0.50
Director
$0 $0 $0
ERIK SAARMAA TRUSTEE 0.50
Director
$0 $0 $0
FRAN SLUTSKY TRUSTEE 0.50
Director
$0 $0 $0
RUTH THUMBTZEN TRUSTEE 0.50
Director
$0 $0 $0
DANIELLE OGDEN EXECUTIVE DI 40.00
Highest
$122,058 $0 $122,058
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,401,027 $1,979,278 $11,906,828 $-578,251
2022 $1,404,768 $2,001,859 $11,081,376 $-597,091
2021 $1,275,755 $1,754,570 $13,416,306 $-478,815
2020 $1,388,480 $1,638,850 $12,810,562 $-250,370
2019 $1,585,617 $1,974,524 $12,215,305 $-388,907
2018 $1,601,795 $1,855,294 $11,212,255 $-253,499
Explore More Nonprofits
Top 100 Nonprofits in Rhode Island Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare NEWPORT ART MUSEUM AND ART ASSOCIATION with other nonprofits in Rhode Island and across the country.