Mission
NEWPORT FESTIVAL FOUNDATION'S MISSION IS TO CREATE MOMENTS OF HOPE THROUGH THE POWER OF MUSIC AND COMMUNITY.
Public Charity
NEWPORT FESTIVALS FOUNDATION INC
NEWPORT FESTIVALS FOUNDATION INC is a Public Charity headquartered in MANCHESTERBYTHESEA, MA. Financial data from the 2025 filing: $13.0M revenue, $13.0M expenses, $28.9M total assets. 55 publicly reported grants to this organization, totaling roughly $2.6M, appear in IRS filings.
EIN: 274099544
MANCHESTERBYTHESEA, MA
Music
NTEE: A68
Latest filing: 2025
Total Revenue$13.0M
Total Expenses$13.0M
Total Assets$28.9M
Grant Records55
Funding Total$2.6M
Filing Years2021–2025
Where $100 goes at Newport Festivals Foundation Inc
How Newport Festivals Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$87
Programs
the work itself
$12
Management
running the organization
$1
Fundraising
raising the next dollar
Inside the $87 for programs
$42
In 2025, the newport folk festival the festival was held at fort adams state park from july 25-27
$39
In 2025, the newport jazz festival the festival was held at fort adams state park from august 1-3
$6
In 2025, Newport Festivals Foundation continued to grow its year-round music education programming
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
For grant recipient's exempt purposes
$193,548
ARTS, CULTURE & HUMANITIES
$44,750
GENERAL SUPPORT
$30,000
TO PROVIDE GENERAL SUPPORT
$25,000
UNRESTRICTED GENERAL SUPPORT
$25,000
Showing up to 5 of 55 total records — full history available with membership.
Officers & Directors
BOARD MEMBER/EXECUTIVE DIR
Albert Jay Sweet
BOARD MEMBER
Anthony Lewis
BOARD MEMBER/CHAIRMAN
Bruce S Gordon
PRODUCER & CREATIVE DIRECTOR
Christopher Capotosto
BOARD MEMBER
Dan Gilbane
DIRECTOR OF DEVELOPMENT & PROGRAMS
Dan Swain
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $13.0M | $13.0M | $28.9M |
| 2024 | $12.5M | $11.9M | $26.7M |
| 2023 | $11.5M | $10.3M | $21.6M |
| 2022 | $11.6M | $9.6M | $18.9M |
| 2021 | $11.1M | $7.3M | $20.1M |
Between 2021 and 2025, reported annual revenue grew from $11.1M to $13.0M (+16%), with total assets most recently reported at $28.9M.
Interactive year-over-year charts and full filing details available with membership.