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The Rhode Island Historical Society

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

EIN: 050259110 ✦ Providence, RI ✦ Designated as a 501(c)(3)

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Overview

What is The Rhode Island Historical Society?

The Rhode Island Historical Society serves as a dedicated institution in Providence, Rhode Island, located at 110 Benevolent Street, 02906. Established with a mission to collect, preserve, and share the rich history of Rhode Island and neighboring New England, this nonprofit organization has an extensive library program housed in its Robinson Research Center. The center boasts a comprehensive collection of over 100,000 volumes, 1,200 manuscript collections, 20,000 architectural drawings, 200,000 photographs, and 9 million feet of moving image film. The society's primary objective is to honor, interpret, and share Rhode Island's past, aiming to enrich the present and inspire future generations. With a dedicated workforce of 59 individuals, this historical society plays a significant role in preserving and celebrating the heritage of Rhode Island.


Official website here: www.rihs.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 97% (Four-Star out of Four Star rating)

The Rhode Island Historical Society has achieved an impressive 97% score from Charity Navigator, reflecting its strong accountability and financial management practices. With a perfect score of 100% in various governance categories, including independent board members and robust audit procedures, the organization demonstrates a high level of transparency and commitment to ethical standards.

Strengths of the organization include a high program expense ratio of 64.86%, indicating that a significant portion of its budget is allocated to its mission-driven activities. Furthermore, the society excels in fundraising efficiency, with only $0.14 spent to raise each dollar. This efficiency, combined with a solid working capital ratio of nearly 10 years, underscores its financial stability and effectiveness.

While the organization scored slightly lower in the program expense ratio category, it still maintains a healthy financial outlook and a strong community presence, as evidenced by its perfect score in culture and community metrics. Feedback collection and usage are also rated highly, reflecting the society's responsiveness to community needs and challenges. Overall, the Rhode Island Historical Society presents itself as a well-managed nonprofit dedicated to preserving and promoting the state's history.


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

Is The Rhode Island Historical Society legitimate?

The Rhode Island Historical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Rhode Island Historical Society 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: $199,964
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,417,513

For more financial information, click here


Official website here: www.rihs.org

What is the mission statement of The Rhode Island Historical Society?

The Rhode Island Historical Society is committed to gathering, safeguarding, and disseminating Rhode Island's historical heritage. Their primary mission is to celebrate, interpret, and share the past of Rhode Island, enriching the present and inspiring future generations. The society's Robinson Research Center houses an extensive collection of over 100,000 volumes, more than 1,200 manuscript collections, 20,000 architectural drawings, 200,000 photographs, and 9 million feet of moving image film, all related to Rhode Island's history and surrounding New England. This wealth of resources enables the society to contribute significantly to the understanding and appreciation of Rhode Island's past.


Official website here: www.rihs.org

What is the revenue of The Rhode Island Historical Society?

The Rhode Island Historical Society's revenue in 2023 was $4,132,482.


Official website here: www.rihs.org

Who are the executives of The Rhode Island Historical Society and what are their salaries?

The average compensation at The Rhode Island Historical Society during 2023 was $29,409. There are 55 employees and 85 volunteers at The Rhode Island Historical Society.

Here are 24 key members and their salaries:


Stanley G Weiss (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael L Baker Jr Cpa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Harriman (Treasurer As Of Nov 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Mauran Iv (Trustee As Of Nov 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael T Eadie (Trustee Through Nov 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeannette E Riley Phd (Trustee As Of Nov 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Wing (Trustee Through Nov 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa E Melton (Trustee Through July 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter J Miniati Cfp Jd (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lane Talbot Sparkman (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Mackay (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Moakley Phd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcus P Nevius Phd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roberta E Gosselin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luther W Spoehr Phd (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul A Croce Scd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Winifred E Brownell Phd (Secretary Through Nov 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alletta Morris Cooper (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Gerhardt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Esalazar Esq (Trustee Through April 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alicia J Samolis Jd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert H Sloan Jr (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theodore W Smalletz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
C Morgan Grefe Phd (Executive Director)
  • Compensation: $173,756
  • Related: $0
  • Other: $12,253


Official website here: www.rihs.org

Where can I find the form 990 for The Rhode Island Historical Society?

The Rhode Island Historical Society's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.rihs.org

Learn more at the official website: www.rihs.org

Mission Statement of The Rhode Island Historical Society

The Rhode Island Historical Society, a distinguished organization, is committed to the collection, preservation, and dissemination of Rhode Island's historical heritage. Its primary mission is to honor, interpret, and share Rhode Island's past, aiming to enrich the present and inspire future generations. To accomplish this, the society maintains a comprehensive research center, known as the Robinson Research Center, which houses an extensive collection of over 100,000 volumes focusing on the history of Rhode Island and surrounding New England. Moreover, the center boasts over 1,200 manuscript collections, totaling over 10 million pages, 20,000 architectural drawings, 200,000 photographs, and 9 million feet of moving image film. This extensive archive serves as a valuable resource for scholars, researchers, and history enthusiasts, enabling them to delve into Rhode Island's rich and diverse historical legacy.

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Impact




July, 2024

The Rhode Island Historical Society's impact lies in its dedication to collecting, preserving, and sharing Rhode Island's rich history. Through its extensive library program at the Robinson Research Center, which houses over 100,000 volumes, more than 1,200 manuscript collections, 20,000 architectural drawings, 200,000 photographs, and 9 million feet of moving image film, the society plays a crucial role in safeguarding the heritage of the state and surrounding New England. By honoring, interpreting, and sharing Rhode Island's past, the Rhode Island Historical Society enriches the present and inspires the future, leaving a lasting impact on the cultural landscape of the region.




This information is meant to be a general summary of The Rhode Island Historical Society. 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
$4,132,482 (2023)
Expenses
$3,129,852 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $683,101
  • Program Service Revenue: $104,001
  • Gross Receipts: $8,827,196

Assets and Liabilities:

  • Total Assets: $25,912,827
  • Total Liabilities: $211,671
  • Net Assets: $25,701,156

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Programs

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

ADMISSIONS INCOME

Revenue

$51,370

PROGRAM REVENUE

Revenue

$50,533

PUBLICATION SALES

Revenue

$2,098

Organization Details

Founding Year

1822

Principal Officer

Christiana Morgan Grefe

NTEE Category

Code: A82Z - Arts

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