Overview
What is Newport Reading Room?
The Newport Reading Room is a nonprofit organization situated at 29 Bellevue Avenue, Newport, Rhode Island 02840. Established with the aim of fostering literary and social engagement among its members, the organization fulfills its mission by establishing a library and reading room. With a dedicated team of eight employees, the Newport Reading Room provides a conducive environment for individuals to engage in literary pursuits and social interaction. The organization's activities are centered around its library and reading room, offering a space for members to engage in intellectual discourse and expand their knowledge base.
Is Newport Reading Room legitimate?
Newport Reading Room is a legitimate nonprofit organization registered as a 501(c)(7) entity. Newport Reading Room submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $425,254
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What is the mission statement of Newport Reading Room?
The Newport Reading Room's mission is centered around fostering literary and social engagement among its members. This is accomplished by establishing a library and reading room, serving as a platform for members to interact and engage with a wide range of literature. The organization's mission, as stated, is to promote this literary and social interaction through the creation of such a facility. The Reading Room aims to provide a space where members can not only read but also engage in meaningful discussions and interactions, thereby enriching their literary experiences.
Who is the CEO of Newport Reading Room?
Dickson G Boenning is the President of Newport Reading Room.
What is the revenue of Newport Reading Room?
Newport Reading Room's revenue in 2022 was $1,019,388.
Who are the executives of Newport Reading Room and what are their salaries?
The average compensation at Newport Reading Room during 2022 was $53,157. There are 8 employees at Newport Reading Room.
Here are 13 key members and their salaries:
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- Compensation: $113,496
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- Other: $11,750
Where can I find the form 990 for Newport Reading Room?
Newport Reading Room's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Newport Reading Room
The Newport Reading Room, established with a mission in mind, seeks to foster literary and social interactions among its members. This mission is achieved through the founding of a library and reading room, providing a conducive environment for members to engage in intellectual pursuits and social interactions. By promoting this literary and social interaction, the Newport Reading Room aims to create a vibrant and engaged community of individuals who share a love for literature and the joy of intellectual discourse.
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Impact
October, 2024
Newport Reading Room significantly enhances the community by fostering literary and social engagement among its members through a dedicated library and reading room. By providing a space where individuals can come together to share their love for literature, it cultivates not only personal growth but also a sense of belonging. Members have the opportunity to connect over shared interests, attend literary events, and participate in discussions that deepen their appreciation of diverse narratives.
This hub of cultural interaction encourages collaboration and the exchange of ideas, ultimately enriching the community's social fabric. The Newport Reading Room serves as a catalyst for lifelong learning and intellectual exploration, inviting members to broaden their horizons and engage with literature in meaningful ways. By promoting a vibrant reading culture, it helps to nurture informed and connected citizens, contributing to the overall vitality of Newport, RI.
This information is meant to be a general summary of Newport Reading Room. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,471
- Program Service Revenue: $863,343
- Gross Receipts: $1,204,793
Assets and Liabilities:
- Total Assets: $2,245,721
- Total Liabilities: $20,691
- Net Assets: $2,225,030
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSE
Revenue
$861,903
BOOK SALES
Revenue
$1,440
Organization Details
Founding Year
1854
Phone
(401) 846-0480Principal Officer
Dickson G Boenning
Main Address
29 BELLEVUE AVENUE, NEWPORT, RI, 02840
NTEE Category
Code: N60 - Recreation
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