RHODE ISLAND CENTER FOR THE BOOK

EIN: 825478418 501(c)(3) Arts, Culture & Humanities

NEWPORT, RI

Total Revenue
$185,170
Total Expenses
$190,333
Total Assets
$87,650
Net Assets
$83,712
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
RI
Principal Officer
KATE LENTZ
Phone
4013740664
Tax Period
2025-01-01 to 2025-12-31

RHODE ISLAND CENTER FOR THE BOOK, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $185K in total revenue in fiscal year 2025. Revenue decreased 15% compared to the prior year.

Mission

TO PROMOTE PERSONAL AND COMMUNITY ENRICHMENT BY PROVIDING OPPORTUNITIES THAT ENABLE THE READING, WRITING, MAKING AND SHARING OF BOOKS.

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Trantor Score

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

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $167,345
Program Service Revenue $0
Investment Income $0
Other Revenue $17,825
TOTAL REVENUE $185,170

Expense Breakdown

Grants Paid $0
Salaries & Benefits $83,927
Fundraising Expenses $0
Program Expenses $92,156
Other Expenses $106,406
TOTAL EXPENSES $190,333

Year-over-Year Comparison

2025 2024 Change
Revenue $185,170 $218,613 -0.2%
Expenses $190,333 $214,632 -0.1%
Net Income $-5,163 $3,981 -2.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
3
Independent Members
3
Employees
1
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
$78,212
Total Directors
5
$78,212
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MEAGAN LENIHAN PRESIDENT 2.00
Officer Director
$0 $0 $0
CHERYL SPACE VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
MAUREEN KELSEY SECRETARY 2.00
Officer Director
$0 $0 $0
KATHERINE LENTZ EXECUTIVE DIRECTOR 40.00
Officer Director
$74,712 $3,500 $78,212
KIRSTEN DAVIS TREASURER 2.00
Officer Director
$0 $0 $0
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
2025 $185,170 $190,333 $87,650 $-5,163
2024 No data No data No data No data
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