The Company Of The Redwood Library And Athenaeum

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

EIN: 050260678 ✦ Newport, RI ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is The Company Of The Redwood Library And Athenaeum?

The Company of the Redwood Library and Athenaeum is a nonprofit organization situated in Newport, Rhode Island. Established in 1747, it embodies the Enlightenment ideals of intellectual pursuit and civic engagement. The organization's primary focus is to generate knowledge in the humanities, aiming to benefit the broadest audience possible, with the sole intention of promoting the wellbeing of humanity. To achieve this, they operate the Athenaeum, emphasizing programs and collections that are significant to the study of Newport's history and 18th-century America. They organize entertaining and informative adult and children's programs, display educational and cultural exhibits primarily drawn from their collections, publish educational catalogs, newsletters, and finding aids, and provide special tours focusing on Rhode Island's colonial commitment to freedom of religion and liberty of conscience to schoolchildren each year. The Redwood Library and Athenaeum is staffed by 11 dedicated individuals.


Official website here: www.redwoodlibrary.org

What do the Facebook reviews say about The Company Of The Redwood Library And Athenaeum?

94% of 16 reviewers on Facebook recommend The Company Of The Redwood Library And Athenaeum. Here is a summary of their reviews:

Many members express a deep sense of belonging and appreciation for the library, describing it as a personal sanctuary filled with books, art, and unique architectural features. The ambiance is often praised as "pure heaven," highlighting the welcoming environment that the library offers.

Overall, it seems that patrons find the library to be a cherished place that not only fulfills their informational needs but also serves as a comforting retreat. The emphasis on art and literature resonates well with visitors, contributing to a positive overall sentiment towards the nonprofit.


This AI summary has been generated from reviews found on Facebook.

Is The Company Of The Redwood Library And Athenaeum legitimate?

The Company Of The Redwood Library And Athenaeum is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Company Of The Redwood Library And Athenaeum 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: $126,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $478,672

For more financial information, click here


Official website here: www.redwoodlibrary.org

What is the mission statement of The Company Of The Redwood Library And Athenaeum?

The Redwood Library and Athenaeum, established in 1747, was founded on the Enlightenment ideals of intellectual pursuit and civic engagement. Its mission is to generate knowledge in the humanities, aiming to benefit the widest possible audience. The organization's goal is nothing less than the betterment of humanity, with no personal gain in sight. The Athenaeum, a part of the library, focuses on programs and collections related to Newport's history and 18th-century America, sponsoring educational and informative programs for both adults and children. It displays exhibits, publishes educational materials, and offers special tours to schoolchildren annually, highlighting Rhode Island's commitment to freedom of religion and liberty of conscience.


Official website here: www.redwoodlibrary.org

Who is the CEO of The Company Of The Redwood Library And Athenaeum?

Benedict Leca is the President of The Company Of The Redwood Library And Athenaeum.


Official website here: www.redwoodlibrary.org

What is the revenue of The Company Of The Redwood Library And Athenaeum?

The Company Of The Redwood Library And Athenaeum's revenue in 2022 was $2,272,619.


Official website here: www.redwoodlibrary.org

Who are the executives of The Company Of The Redwood Library And Athenaeum and what are their salaries?

The average compensation at The Company Of The Redwood Library And Athenaeum during 2022 was $54,970. There are 11 employees and 23 volunteers at The Company Of The Redwood Library And Athenaeum.


Here are 21 key members and their salaries:


R Daniel Prentiss Esq (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Ray (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aida Neary (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Drum (Director As Of September 2021)
  • Compensation: $0
  • Related: $0
  • Other: $0
Washington Irving (Director Through September 2021)
  • Compensation: $0
  • Related: $0
  • Other: $0
John D Harris Ii (Director As Of September 2021)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacalyn Egan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marvin Abney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John R Grace (Director Through September 2021)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Pell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Gewirz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dodie Kazanjian (Director Through September 2021)
  • Compensation: $0
  • Related: $0
  • Other: $0
Waring Partridge (Director As Of September 2021)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Leatherman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edwin G Fischer Md (Honorary Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josiah Bunting Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Earl A Powell Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Siegal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Holt Massey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Benson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benedict Leca (Executive Director)
  • Compensation: $120,000
  • Related: $0
  • Other: $6,000


Official website here: www.redwoodlibrary.org

Where can I find the form 990 for The Company Of The Redwood Library And Athenaeum?

The Company Of The Redwood Library And Athenaeum's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.redwoodlibrary.org

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

Mission Statement of The Company Of The Redwood Library And Athenaeum

The Redwood Library and Athenaeum, established in 1747, is rooted in the Enlightenment ideals of intellectual pursuit and civic engagement. This nonprofit organization's mission is to disseminate knowledge in the humanities for the benefit of the broadest audience possible, with the ultimate goal being the betterment of mankind.

Living up to its mission, the Redwood Library and Athenaeum focuses on museum operations, emphasizing programs and collections that are significant to the study of Newport's history and 18th-century America. The organization sponsors engaging and educational adult and children's programs, showcases educational and cultural exhibits, primarily drawn from its collections, and publishes catalogs, newsletters, and finding aids. Moreover, it provides special tours for school children each year, focusing on Rhode Island's colonial commitment to freedom of religion and liberty of conscience.

In summary, the Redwood Library and Athenaeum is a nonprofit organization committed to spreading knowledge in the humanities for the betterment of mankind. Through museum operations, it provides engaging programs, educational exhibits, and publications, aiming to contribute to the understanding of Newport's history and 18th-century America. Additionally, the organization offers special tours to school children, focusing on the colonial commitment to religious and personal freedoms.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




July, 2024

The Company of The Redwood Library and Athenaeum, founded in 1747 on the Enlightenment ideals of intellectual pursuit and civic engagement, has had a significant impact on promoting knowledge in the humanities for the benefit of a wide audience. Through its museum operations in Newport, Rhode Island, the Athenaeum emphasizes programs and collections relevant to the study of Newport's history and 18th-century America.

By sponsoring engaging adult and children's programs, cultural exhibits, educational publications, and specialized tours focusing on Rhode Island's colonial commitment to freedom of religion and liberty of conscience, The Redwood Library and Athenaeum contributes to preserving and disseminating valuable historical and cultural knowledge. Its dedication to fostering education and appreciation for the humanities aligns with its mission to serve the good of mankind.




This information is meant to be a general summary of The Company Of The Redwood Library And Athenaeum. 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
$2,272,619 (2022)
Expenses
$1,806,021 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $500,050
  • Program Service Revenue: $172,186
  • Gross Receipts: $4,034,057

Assets and Liabilities:

  • Total Assets: $25,958,009
  • Total Liabilities: $685,503
  • Net Assets: $25,272,506

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

SUBSCRIPTIONS & SHARE ASSESMENTS

Revenue

$158,819

PROGRAM AND OTHER REVENUE

Revenue

$13,367

Organization Details

Founding Year

1747

Principal Officer

Benedict Leca

Main Address

50 BELLEVUE AVENUE, NEWPORT, RI, 02840

NTEE Category

Code: B70 - Education

If you are a representative of The Company Of The Redwood Library And Athenaeum and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.