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Rhode Island School Of Design

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 050258956 ✦ Providence, RI ✦ Designated as a 501(c)(3)

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Overview

What is Rhode Island School Of Design?

Rhode Island School of Design, established in 1877, is a renowned educational institution in Providence, Rhode Island. With approximately 2,500 students from around the world, RISD offers liberal arts studies and intensive, studio-based learning across 21 studio majors. Students can earn bachelor's or master's degrees in fine arts, architecture, or art education. Moreover, each year, over 4,600 children and adults engage in RISD's continuing education courses, using the school's specialized studio facilities. The mission of RISD, through its college and museum, is to educate its students and the public in the creation and appreciation of works of art and design, discover and transmit knowledge, and make lasting contributions to society through critical thinking, scholarship, and innovation. The organization currently employs a team of 3,252 individuals.


Official website here: www.risd.edu

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 100% (Four-Star out of Four Star rating)

The Rhode Island School of Design (RISD) has achieved a perfect score of 100% on Charity Navigator, reflecting its strong commitment to accountability and financial management. This rating is based solely on their accountability and finance metrics, with no concerns regarding financial practices or governance. The organization has a majority independent board, demonstrating a robust governance structure.

RISD excels in various key areas, such as having a comprehensive audit and oversight committee, a fully compliant conflict of interest policy, and effective document retention practices. Its financial ratios indicate a healthy organization, with a program expense ratio of 83.82%, meaning most funds are directed towards its educational programs and services.

While RISD has performed exceptionally well in financial accountability, the data does not highlight any specific limitations or areas needing improvement. Overall, its exemplary rating suggests a well-managed nonprofit dedicated to providing quality education in the arts.


This AI summary has been generated from information found on Charity Navigator.

Is Rhode Island School Of Design legitimate?

Rhode Island School Of Design is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rhode Island School Of Design 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:

Executive Compensation: $3,675,405
Professional Fundraising Fees: $105,760
Other Salaries and Wages: $84,429,916

For more financial information, click here


Official website here: www.risd.edu

What is the mission statement of Rhode Island School Of Design?

The Rhode Island School of Design, through its college and museum, is committed to educating students and the public in the creation and appreciation of works of art and design. The institution, established in 1877, is one of the first art and design schools in the US. With a student body of approximately 2,500 from around the world, students engage in liberal arts studies and rigorous, studio-based learning, choosing from 21 studio majors and earning bachelor's or master's degrees in fine arts, architecture, or art education. Each year, approximately 4,600 children and adults also access the school's specialized studio facilities through continuing education courses. The mission of Rhode Island School of Design goes beyond education, aiming to discover and transmit knowledge and make lasting contributions to society through critical thinking, scholarship, and innovation.


Official website here: www.risd.edu

What is the revenue of Rhode Island School Of Design?

Rhode Island School Of Design's revenue in 2023 was $228,805,896.


Official website here: www.risd.edu

Who are the executives of Rhode Island School Of Design and what are their salaries?

The average compensation at Rhode Island School Of Design during 2023 was $25,066. There are 3515 employees and 4252 volunteers at Rhode Island School Of Design.

Here are 47 key members and their salaries:


Rosanne Somerson (President Emeritus)
  • Compensation: $563,381
  • Related: $0
  • Other: $50,750
Michael H Spalter (Trustee/Chair Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hillary Blumberg (Trustee/Vice Chair Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ilene Chaiken (Trustee/Vice Chair Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Hammond (Trustee/Vice Chair Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Kamen (Trustee/Vice Chair Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tavares Strachan (Trustee/Vice Chair Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret A Williams (Trustee/Vice Chair Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
He Sheikha Al Mayassa Bint Hamad Bi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashleigh Axios (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David C Barclay (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroline Baumann (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gabrielle Bullock (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Scott Burns (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norman Chan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Choi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erica Di Bona (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert A Dimuccio (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Ebanks (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shepard Fairey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fabian Fondriest (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Gebbia (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert W Glass (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vikram Kirloskar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Lee (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Lovejoy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole J Miller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey Nicholas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Rock (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Schweizer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shahzia Sikander (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Waterbury (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Byas (General Counsel)
  • Compensation: $269,772
  • Related: $0
  • Other: $31,378
David R Proulx (Svp Fin & Admin (Until 7/22))
  • Compensation: $217,426
  • Related: $0
  • Other: $4,996
Steven J Mcdonald (General Counsel (Until 09/22))
  • Compensation: $8,833
  • Related: $0
  • Other: $0
Crystal Williams (President)
  • Compensation: $412,115
  • Related: $0
  • Other: $25,329
Anais A Missakian (Interim Provost)
  • Compensation: $225,424
  • Related: $0
  • Other: $21,167
O'Neil Andrew Sunil Outar (Vp Institutional Advancement)
  • Compensation: $378,467
  • Related: $0
  • Other: $41,311
Kent Kleinman (Provost (Until 07/22))
  • Compensation: $179,543
  • Related: $0
  • Other: $22,123
James Paul O'Hara (Vp, Enrollment (Until 07/22))
  • Compensation: $280,036
  • Related: $0
  • Other: $20,522
Candace Baer (Vp Human Resources (Until 01/23))
  • Compensation: $232,587
  • Related: $0
  • Other: $41,783
Sarah Ganz Blythe (Dep. Dir., Exhib., Edu. & Prog.)
  • Compensation: $261,868
  • Related: $0
  • Other: $12,682
Richard Mickool (Chief Information Officer)
  • Compensation: $227,563
  • Related: $0
  • Other: $25,318
John R Silva (Vp Campus Services)
  • Compensation: $202,744
  • Related: $0
  • Other: $39,710
Sarah Bainter Cunningham (Vice Provost For Strat. Partnerships (Until 09/22))
  • Compensation: $193,077
  • Related: $0
  • Other: $28,053
Kerci Marcello Stroud (Chief Marketing & Comm. Officer)
  • Compensation: $208,760
  • Related: $0
  • Other: $33,640
Matthew Shenoda (Vp/Assoc Prov Soc. Eq. (Until 6/22))
  • Compensation: $145,075
  • Related: $0
  • Other: $6,675


Official website here: www.risd.edu

Where can I find the form 990 for Rhode Island School Of Design?

Rhode Island School Of Design's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.risd.edu

Learn more at the official website: www.risd.edu

Mission Statement of Rhode Island School Of Design

The Rhode Island School of Design, or RISD, is a renowned institution dedicated to nurturing students and the public in the creation and appreciation of art and design. Established in 1877, RISD is among the earliest art and design schools in the United States, attracting approximately 2,500 students from around the world. These students engage in a rich educational experience, choosing from 21 studio majors that lead to a Bachelor's or Master's degree in Fine Arts, Architecture, or Art Education.

Beyond undergraduate and graduate programs, RISD extends its reach to over 4,600 children and adults each year through its Continuing Education courses. This outreach emphasizes RISD's commitment to lifelong learning and the dissemination of knowledge in the arts and design. The college and museum at RISD work in harmony to foster critical thinking, scholarship, and innovation, with the ultimate goal of making lasting contributions to a global society. RISD students and faculty are encouraged to explore, challenge, and question, leading to groundbreaking discoveries and novel approaches to their respective fields.

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Impact




October, 2024

Rhode Island School of Design (RISD) significantly influences the realms of art and design education, fostering creativity and critical thought among its diverse student body of approximately 2,500. Established in 1877, RISD is one of the earliest institutions dedicated to these disciplines in the United States. The school offers 21 studio majors, allowing students to pursue Bachelor's and Master's degrees in fine arts, architecture, and art education, all while engaging in rigorous, hands-on learning.

Beyond its degree programs, RISD extends its impact to the community through continuing education courses, which attract around 4,600 children and adults annually. This outreach not only cultivates a deeper appreciation for art and design but also enhances the skill sets of individuals from varying backgrounds.

By promoting innovation and scholarship, RISD plays a crucial role in shaping a global society that values artistic expression and critical inquiry, making lasting contributions to the cultural landscape.




This information is meant to be a general summary of Rhode Island School Of Design. 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.

Revenue
$228,805,896 (2023)
Expenses
$220,855,533 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $3,290,558
  • Program Service Revenue: $187,784,480
  • Gross Receipts: $233,130,766

Assets and Liabilities:

  • Total Assets: $709,047,420
  • Total Liabilities: $228,513,748
  • Net Assets: $480,533,672

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION/ROOM/BOARD

Revenue

$183,083,169

BOOK/SUPPLY STORE

Revenue

$3,909,775

MUSEUM

Revenue

$791,536

Organization Details

Founding Year

1877

Principal Officer

Crystal Williams

NTEE Category

Code: B500 - Education

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