Public Charity

NEWPORT FESTIVALS FOUNDATION INC

NEWPORT FESTIVALS FOUNDATION INC is a Public Charity headquartered in MANCHESTERBYTHESEA, MA. Financial data from the 2024 filing: $12.5M revenue, $11.9M expenses, $26.7M total assets. 53 publicly reported grants to this organization, totaling roughly $2.6M, appear in IRS filings.

EIN: 274099544 MANCHESTERBYTHESEA, MA Latest filing: 2024
Total Revenue$12.5M
Total Expenses$11.9M
Total Assets$26.7M
Grant Records53
Funding Total$2.6M
Filing Years2020–2024

Mission

NEWPORT FESTIVAL FOUNDATION'S MISSION IS TO CREATE MOMENTS OF HOPE THROUGH THE POWER OF MUSIC AND COMMUNITY.

Sample Grants Received

2024
For grant recipient's exempt purposes
$193,548
2024
ARTS, CULTURE & HUMANITIES
$44,750
2024
TO PROVIDE GENERAL SUPPORT
$25,000
2024
UNRESTRICTED GENERAL SUPPORT
$25,000

Showing up to 5 of 53 total records — full history available with membership.

Officers & Directors

BOARD MEMBER/EXECUTIVE DIR Albert Jay Sweet
BOARD MEMBER/CHAIRMAN Bruce S Gordon
CHIEF CREATIVE OFFICER Christopher Capotosto
BOARD MEMBER C Ronald Mackenzie
EVENT DIRECTOR Jennifer Rieber
BOARD MEMBER Jessica Kausen

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$1,277,065 9 grants
ARTS AND CULTURE
$241,950 6 grants
GENERAL SUPPORT
$174,144 10 grants
ARTS, CULTURE & HUMANITIES
$173,200 4 grants
Program Services
$155,000 5 grants

Financial Trends

Year Revenue Expenses Assets
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
2020 $4.7M $2.7M $15.3M

Between 2020 and 2024, reported annual revenue grew from $4.7M to $12.5M (+166%), with total assets most recently reported at $26.7M.

Interactive year-over-year charts and full filing details available with membership.

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