NEWPORT RESTORATION FOUNDATION: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- NEWPORT RESTORATION FOUNDATION (EIN 05-0317816)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-06
- IRS object ID
- 202323109349303127
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-06T16:14:41-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 050409384 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KAHN LITWIN RENZA & CO LTD | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 951 NORTH MAIN STREET | AddressLine1Txt |
| City | PROVIDENCE | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02904 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 050317816 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEWPORT RESTORATION FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NEWP | BusinessNameControlTxt |
| Phone | 4018497300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 51 TOURO STREET | AddressLine1Txt |
| City | NEWPORT | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02840 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FRANKLIN VAGNONE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 4018497300 | PhoneNum |
| Signature | 2023-11-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | FRANKLIN | PersonFirstNm |
| Person Last | VAGNONE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PATRICK J MARTIN | PreparerPersonNm |
| PTIN | P00283486 | PTIN |
| Phone | 4012742001 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | FRANKLIN VAGNONE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 51 TOURO STREET | AddressLine1Txt |
| City | NEWPORT | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02840 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $9,437,181 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NEWPORTRESTORATION.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1969 | FormationYr |
| Legal Domicile State | RI | LegalDomicileStateCd |
| Activity Or Mission | NRF PROMOTES AND INVESTS IN THE HERITAGE OF THE NEWPORT COMMUNITY, THE TRADITIONAL BUILDING TRADES, AND DORIS DUKE'S FINE AND DECORATIVE ARTS AND COLLECTIONS, FOR THE ENJOYMENT, EDUCATION AND INSPIRATION TO ALL. | ActivityOrMissionDesc |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 6 | VotingMembersIndependentCnt |
| Total Employee | 68 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,040,616 | PYContributionsGrantsAmt |
| CY Contributions Grants | $6,112,918 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,666,204 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,809,502 | CYProgramServiceRevenueAmt |
| PY Investment Income | $346,712 | PYInvestmentIncomeAmt |
| CY Investment Income | $203,688 | CYInvestmentIncomeAmt |
| PY Other Revenue | $172,195 | PYOtherRevenueAmt |
| CY Other Revenue | $177,031 | CYOtherRevenueAmt |
| PY Total Revenue | $7,225,727 | PYTotalRevenueAmt |
| CY Total Revenue | $9,303,139 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,385 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $350 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,591,044 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,725,706 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,462,770 | PYOtherExpensesAmt |
| CY Other Expenses | $3,541,554 | CYOtherExpensesAmt |
| PY Total Expenses | $6,055,199 | PYTotalExpensesAmt |
| CY Total Expenses | $6,267,610 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,170,528 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,035,529 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $38,992,264 | TotalAssetsBOYAmt |
| Total Assets EOY | $39,101,709 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,410,475 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,331,863 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $36,581,789 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $37,769,846 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | NRF PROMOTES AND INVESTS IN THE HERITAGE OF THE NEWPORT COMMUNITY, THE TRADITIONAL BUILDING TRADES, AND DORIS DUKE'S FINE AND DECORATIVE ARTS AND COLLECTIONS, FOR THE ENJOYMENT, EDUCATION AND INSPIRATION TO ALL. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,973,690 | ExpenseAmt |
| Grant | $350 | GrantAmt |
| Revenue | $501,031 | RevenueAmt |
| Desc | ROUGH POINT IS A MUSEUM, OPEN TO THE PUBLIC, SHOWCASING FINE AND DECORATIVE ARTS FROM 15TH CENTURY TAPESTRIES TO 20TH CENTURY FASHION. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,529,500 | ExpenseAmt |
| Revenue | $2,488,031 | RevenueAmt |
| Desc | THE FOUNDATION OWNS, PRESERVES, AND MAINTAINS APPROXIMATELY 70 18TH AND 19TH CENTURY HOUSES ON AQUIDNECK ISLAND, PREDOMINANTLY IN NEWPORT. THE HOUSES ARE RENTED TO TENANT STEWARDS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $121,837 | ExpenseAmt |
| Revenue | $7,437 | RevenueAmt |
| Desc | WHITEHORNE IS OPEN TO THE PUBLIC AND IS THE ONLY MUSEUM IN THE WORLD DEDICATED TO DISPLAYING AND EXPLORING THE ARTISTRY, HISTORY, AND CULTURE OF 18TH CENTURY NEWPORT FURNITURE AND RELATED DECORATIVE ARTS. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $55,348 | ExpenseAmt |
| Revenue | $4,005 | RevenueAmt |
| Desc | PRESCOTT FARM, OPEN DAILY TO THE PUBLIC, FEATURES AN 1812 WINDMILL, HISTORIC BUILDINGS, GARDENS AND WALKING TRAILS. PUBLIC PROGRAMS ARE ALSO OFFERED RANGING FROM STONE WALL WORKSHOPS TO FAMILY WINDWILL OPEN HOUSES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $55,348 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $4,005 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $5,680,375 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | Yes (1) | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 30 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 68 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 6 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 6 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4018497300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 51 TOURO STREET | AddressLine1Txt |
| City | NEWPORT | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02840 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| JAMES ROSS | |||||||
| PRESIDENT (TO 12/22) | 0.40 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DR M THERESE ANTONE | |||||||
| TREASURER | 0.20 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| FRANKLIN VAGNONE | |||||||
| PRESIDENT (AS OF 7/22) | 0.40 | Yes (X) | Yes (X) | $205,934 | $0 | $11,382 | |
| MIKEL FOLCARELLI | |||||||
| SECRETARY | 0.20 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| EDITH MCBEAN | |||||||
| MEMBER AT LARGE | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| PHILIP MARSHALL | |||||||
| MEMBER AT LARGE | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| AMELIA AMY BERKOWITZ | |||||||
| MEMBER AT LARGE | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| MARK THOMPSON | |||||||
| EXECUTIVE DIRECTOR (TO 5/31/22) | 40.00 | Yes (X) | $116,389 | $0 | $9,745 | ||
| AMY ELIZABETH WINSOR | |||||||
| CHIEF OPERATING OFFICER | 40.00 | $137,143 | $0 | $15,739 | Yes (X) | ||
| ERIK GREENBERG | |||||||
| DIRECTOR OF MUSEUMS | 40.00 | $118,118 | $0 | $21,902 | Yes (X) | ||
| ALYSSA LOZUPONE | |||||||
| DIRECTOR OF PRESERVATION | 40.00 | $102,182 | $0 | $11,248 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $679,766 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $70,016 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 6 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CONSIGLI CONTRUCTION CO INC | |||||
| 72 SUMMER ST | MILFORD | MA | 01757 | CONSTRUCTION | $3,342,655 |
| DF DWYER INSURANCE | |||||
| 38 BELLEVUE AVENUE | NEWPORT | RI | 02840 | INSURANCE | $175,308 |
| SECURITIAS SECURITY SERVICES USA INC | |||||
| PO BOX 403412 | ATLANTA | GA | 30384 | SECURITY | $156,369 |
| DBVW ARCHITECTS | |||||
| 111 CHESTNUT ST | PROVIDENCE | RI | 02903 | ARCHITECT | $111,009 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $81,962 | FundraisingAmt |
| All Other Contributions | $6,030,956 | AllOtherContributionsAmt |
| Noncash Contributions | $12,076 | NoncashContributionsAmt |
| Total Contributions | $6,112,918 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| RENTAL INCOME | 532000 | $2,486,696 | $2,486,696 |
| ADMISSIONS | 713990 | $305,011 | $305,011 |
| PROGRAM INCOME | 713990 | $17,795 | $17,795 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,809,502 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $193,982 | TotalRevenueColumnAmt |
| Exclusion | $193,982 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $257 | TotalRevenueColumnAmt |
| Exclusion | $257 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $81,505 | SecuritiesAmt |
| Other | $45,966 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $53,758 | SecuritiesAmt |
| Other | $64,007 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $27,747 | SecuritiesAmt |
| Other | -$18,041 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,706 | TotalRevenueColumnAmt |
| Exclusion | $9,706 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $560 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $81,962 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $16,277 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$15,717 | TotalRevenueColumnAmt |
| Exclusion | -$15,717 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $33,842 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $33,842 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $33,842 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANOUS | Desc |
| Business | 621610 | BusinessCd |
| Total Revenue Column | $158,649 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $157,160 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $1,489 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $158,649 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,303,139 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,000,504 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $189,717 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $350 | TotalAmt |
| Program Services | $350 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $403,450 | TotalAmt |
| Program Services | $346,967 | ProgramServicesAmt |
| Management And General | $56,483 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,854,688 | TotalAmt |
| Program Services | $1,521,319 | ProgramServicesAmt |
| Management And General | $333,369 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,009 | TotalAmt |
| Program Services | $67,948 | ProgramServicesAmt |
| Management And General | $11,061 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $162,893 | TotalAmt |
| Program Services | $142,046 | ProgramServicesAmt |
| Management And General | $20,847 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $225,666 | TotalAmt |
| Program Services | $194,073 | ProgramServicesAmt |
| Management And General | $31,593 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,261 | TotalAmt |
| Program Services | $13,984 | ProgramServicesAmt |
| Management And General | $2,277 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,500 | TotalAmt |
| Program Services | $31,390 | ProgramServicesAmt |
| Management And General | $5,110 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $408,090 | TotalAmt |
| Program Services | $364,215 | ProgramServicesAmt |
| Management And General | $43,875 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,483 | TotalAmt |
| Program Services | $55,483 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $274,886 | TotalAmt |
| Program Services | $249,376 | ProgramServicesAmt |
| Management And General | $25,510 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,188 | TotalAmt |
| Program Services | $42,302 | ProgramServicesAmt |
| Management And General | $6,886 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,219,715 | TotalAmt |
| Program Services | $1,200,946 | ProgramServicesAmt |
| Management And General | $18,769 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,314 | TotalAmt |
| Program Services | $16,787 | ProgramServicesAmt |
| Management And General | $2,527 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,093,273 | TotalAmt |
| Program Services | $1,075,087 | ProgramServicesAmt |
| Management And General | $18,186 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $332,702 | TotalAmt |
| Program Services | $326,506 | ProgramServicesAmt |
| Management And General | $6,196 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| DUES AND SUBSCRIPTION | $32,472 | $27,926 | $4,546 |
| BAD DEBT EXPENSE | $3,670 | $3,670 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,267,610 | TotalAmt |
| Program Services | $5,680,375 | ProgramServicesAmt |
| Management And General | $587,235 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,451,611 | BOYAmt |
| EOY | $2,846,813 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,401 | BOYAmt |
| EOY | $53,681 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,688,590 | BOYAmt |
| EOY | $3,131,780 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,752 | BOYAmt |
| EOY | $61,335 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $208,742 | BOYAmt |
| EOY | $229,628 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $44,794,536 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $20,292,026 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,532,503 | BOYAmt |
| EOY | $24,502,510 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,018,665 | BOYAmt |
| EOY | $8,275,962 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,992,264 | BOYAmt |
| EOY | $39,101,709 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,866,174 | BOYAmt |
| EOY | $739,942 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $544,301 | BOYAmt |
| EOY | $591,921 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,410,475 | BOYAmt |
| EOY | $1,331,863 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,667,924 | BOYAmt |
| EOY | $30,012,164 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,913,865 | BOYAmt |
| EOY | $7,757,682 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,581,789 | BOYAmt |
| EOY | $37,769,846 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,992,264 | BOYAmt |
| EOY | $39,101,709 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $3,035,529 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$1,847,472 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,785,021 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,944,927 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,975,315 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,040,616 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,112,918 | CurrentTaxYearAmt |
| Total | $18,858,797 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,384,409 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,423,097 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,311,932 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,691,427 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $357,208 | CurrentTaxYearAmt |
| Total | $10,168,073 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,169,430 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,368,024 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,287,247 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,732,043 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,470,126 | CurrentTaxYearAmt |
| Total | $29,026,870 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $63,576 | CurrentTaxYearAmt |
| Total | $63,576 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $63,576 | CurrentTaxYearAmt |
| Total | $63,576 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $28,963,294 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $260,361 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $342,685 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $369,851 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $199,919 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,680,935 | CurrentTaxYearAmt |
| Total | $3,853,751 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $260,361 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $342,685 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $369,851 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $199,919 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,680,935 | CurrentTaxYearAmt |
| Total | $3,853,751 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $153,707 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $158,649 | CurrentTaxYearAmt |
| Total | $312,356 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,429,791 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,710,709 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,657,098 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,085,669 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,309,710 | CurrentTaxYearAmt |
| Total | $33,192,977 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.87260 | PublicSupportCY509Pct |
| Public Support PY509 | 0.94740 | PublicSupportPY509Pct |
| Investment Income CY | 0.11610 | InvestmentIncomeCYPct |
| Investment Income PY | 0.04730 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Historic Structure | Yes (X) | HistoricStructureInd |
| Total Easements | 1 | TotalEasementsCnt |
| Total Acreage | 2831.00 | TotalAcreageCnt |
| Historic Structure Easements | 1 | HistoricStructureEasementsCnt |
| Historic Strctr Easements Aftr | 0 | HistoricStrctrEasementsAftrCnt |
| Modified Easements | 0 | ModifiedEasementsCnt |
| States Easements Held | 1 | StatesEasementsHeldCnt |
| Written Policy Monitoring | 0 | WrittenPolicyMonitoringInd |
| Staff Hours Spent Enforcement | 8.00 | StaffHoursSpentEnforcementCnt |
| Expenses Incurred Enforcement | $0 | ExpensesIncurredEnforcementAmt |
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,598,431 | OtherCostOrOtherBasisAmt |
| Book Value | $5,598,431 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $36,141,520 | OtherCostOrOtherBasisAmt |
| Depreciation | $18,755,069 | DepreciationAmt |
| Book Value | $17,386,451 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,422,715 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,151,207 | DepreciationAmt |
| Book Value | $271,508 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,631,870 | OtherCostOrOtherBasisAmt |
| Depreciation | $385,750 | DepreciationAmt |
| Book Value | $1,246,120 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $24,502,510 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| VANGUARD MUSEUM OBJECTS FUND | $7,438,017 | F |
| VANGUARD PRESERVATION FUND | $837,945 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $8,275,962 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| TENANT SECURITY DEPOSIT | $158,641 |
| ASSET RETIREMENT OBLIGATION | $433,280 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $591,921 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | ROUGH POINT, DORIS DUKE'S NEWPORT MANSION WHICH IS HOME TO A SIGNIFICANT COLLECTION OF EUROPEAN PAINTINGS, FURNITURE, AND TEXTILES, AND OTHER EUROPEAN AND ASIAN DECORATIVE ARTS; WHITEHORNE HOUSE MUSEUM, FEATURING 18TH- AND EARLY 19TH-CENTURY NEWPORT FURNITURE AND DECORATIVE ARTS. |
| PART X, LINE 2: | THE ORGANIZATION IS EXEMPT FROM INCOME TAXES AS A PRIVATE FOUNDATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT BELIEVES THAT THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH THEIR TAX-EXEMPT STATUS AT BOTH THE STATE AND FEDERAL LEVEL. THE ORGANIZATION ANNUALLY FILES IRS FORMS 990-PF RETURN OF PRIVATE FOUNDATION REPORTING VARIOUS INFORMATION THAT THE IRS USES TO MONITOR THE ACTIVITIES OF TAX EXEMPT ENTITIES. THE TAX RETURNS ARE SUBJECT TO REVIEW BY THE TAXING AUTHORITIES AND THE FEDERAL INCOME TAX RETURNS FOR 2018, 2019, AND 2020 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. THE ORGANIZATION CURRENTLY HAS NO TAX EXAMINATIONS IN PROGRESS. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | DORIS DUKE PRESERVATION AWARD | Event1Nm |
| Gross Receipts Event1 | $82,522 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $81,962 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $560 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $765 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $9,918 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $5,594 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $82,522 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $81,962 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $560 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $765 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $9,918 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $5,594 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $16,277 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$15,717 | NetIncomeSummaryAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FRANKLIN VAGNONE | ||||||||||||||
| PRESIDENT (AS OF 7/22) | $144,231 | $0 | $0 | $0 | $61,703 | $0 | $6,490 | $0 | $4,892 | $0 | $217,316 | $0 | $0 | $0 |
| AMY ELIZABETH WINSOR | ||||||||||||||
| CHIEF OPERATING OFFICER | $134,067 | $0 | $2,416 | $0 | $660 | $0 | $6,033 | $0 | $9,706 | $0 | $152,882 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | FRANKLIN VAGNONE'S CONTRACT PROIVIDES HIM WITH RESIDENTIAL HOUSING (NRF'S OWNED PROPERTY). THE FAIR MARKET VALUE OF RENT IN 2022 WAS $19,200. |
| PART I, LINE 4A | MARK THOMPSON RECEIVED A $30,000 SEVERANCE PAYMENT IN 2022. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARK THOMPSON | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | OFFICER FOR NRF | RelationshipDescriptionTxt |
| Transaction | $11,200 | TransactionAmt |
| Transaction | NRF LEASES SPACE TO OFFICER | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | CHANGES TO THE BYLAWS INCLUDED SECTION 3.04 TERM OF OFFICER AND QUALIFICATION. A TRUSTEE TERM SHALL CONSIST OF THREE (3) YEARS. NO TRUSTEE SHALL SERVE MORE THAN THREE (3) CONSECUTIVE TERMS, NINE (9) IN TOTAL, EXCEPT IN CASES DEEMED NECESSARY BY THE BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY THE EXTERNAL AUDITORS AND REVIEWED BY MANAGEMENT. ONCE ALL ARE SATISFIED WITH THE FORM, IT IS FINALIZED AND A COPY IS SENT TO ALL BOARD MEMBERS. AT THE SUBSEQUENT BOARD MEETING THE BOARD IS ASKED IF THEY HAVE ANY QUESTIONS OR COMMENTS AND A GENERAL REVIEW OF THE FORM IS CONDUCTED BY MANAGEMENT. REVISIONS, CORRECTIONS, ETC. ARE MADE AS NECESSARY. SUBSEQUENT TO THIS MEETING THE FORM IS SUBMITTED TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | EMPLOYEES MUST DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST TO THE EXECUTIVE DIRECTOR OF NRF AND MEMBERS OF THE BOARD OF DIRECTORS AND THE EXECUTIVE DIRECTOR MUST DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST TO THE BOARD OF DIRECTORS. NRF SHALL NOT PROCEED WITH OR CONTINUE ANY TRANSACTION OR RELATIONSHIP INVOLVING AN ACTUAL OR PERCEIVED CONFLICT OF INTEREST WITHOUT THE APPROVAL OF THE EXECUTIVE DIRECTOR OR THE BOARD OF DIRECTORS, AS APPLICABLE. |
| FORM 990, PART VI, SECTION B, LINE 15 | ANNUALLY, DESIGNATED, INDEPENDENT MEMBERS OF THE EXECUTIVE COMMITTEE OF THE BOARD CONDUCT A PERFORMANCE REVIEW AND EVALUATION OF THE EXECUTIVE DIRECTOR. THE REVIEW ALSO ESTABLISHES THE INDIVIDUAL'S COMPENSATION FOR THE FOLLOWING YEAR. THE PROCESS INVOLVES EVALUATION OF THE INDIVIDUAL. THE REVIEW AND DECISION ARE NOTED IN THE RECORDS OF THE EXECUTIVE COMMITTEE. IN THE EVENT THE EXECUTIVE DIRECTOR'S COMPENSATION IS PROPOSED TO BE INCREASED BY MORE THAN THE PERCENTAGE INCREASE GIVEN GENERALLY TO EMPLOYEES ACROSS THE BOARD, THE EXECUTIVE COMMITTEE WILL REVIEW COMPARABLE COMPENSATION DATA FROM SIMILAR ORGANIZATIONS AND OBTAIN SUCH OTHER INFORMATION AS MAY BE NECESSARY TO INDICATE THAT THE PROPOSED COMPENSATION IS REASONABLE. THE PROPOSED COMPENSATION IS PRESENTED TO THE BOARD FOR APPROVAL AND THE BOARD'S DELIBERATION AND DECISION ARE NOTED IN THE MINUTES OF THE MEETING. THE EXECUTIVE DIRECTOR ESTABLISHES THE COMPENSATION OF THE SENIOR MANAGEMENT TEAM AND REVIEWS THE PERFORMANCE EVALUATIONS AND RECOMMENDATIONS WITH THE EXECUTIVE COMMITTEE. THE EVALUATIONS AND COMPENSATION ARE DISCUSSED BY THE EXECUTIVE COMMITTEE, BUT NO VOTE OF APPROVAL OF THE EXECUTIVE DIRECTOR'S DECISION BY THE BOARD OR EXECUTIVE COMMITTEE IS REQUIRED. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND BY-LAWS), ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE ORGANIZATION WILL MAIL COPIES UPON REQUEST OR PROVIDE COPIES TO THOSE WHO COME TO THE ADMINISTRATIVE OFFICE DURING NORMAL BUSINESS HOURS. THE ORGANIZATION CHARGES FOR THE COPIES IN ACCORDANCE WITH IRS REGULATIONS. |
| FORM 990, PART XII, LINE 2C | THERE WERE NO CHANGES TO THE ORGANIZATION'S OVERSIGT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. |