Nonprofit · EIN 05-0252708
PRESERVATION SOCIETY OF NEWPORT COUNTY
Tax-exempt · NEWPORT, RI 02840
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990 | $43,998,875 | $31,652,336 | $12,346,539 | $105,721,909 | $10,702,612 | $95,019,297 |
| March 31, 2024 | 990 | $33,729,080 | $32,465,388 | $1,263,692 | $90,927,469 | $5,563,866 | $85,363,603 |
| March 31, 2023 | 990 | $31,305,986 | $26,937,862 | $4,368,124 | $83,287,877 | $3,842,887 | $79,444,990 |
Financial details: 990 for the year ended March 31, 2025
Revenue
- Contributions, gifts and grants
- $19,086,387
- Membership dues
- $1,701,066
- Program service revenue
- $16,776,397
- Investment income
- $5,810,247
- Net rental income
- $24,000
- Net gain from sales of assets
- $4,841,989
- Net income from fundraising events
- -$40,422
- Net income from sales of inventory
- $2,342,266
- Other revenue
- $2,325,844
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $878,445
- Other salaries and wages
- $10,279,653
- Salaries, compensation and benefits (total)
- $13,422,766
- Professional fundraising fees
- $477,855
- Legal fees
- $116,138
- Occupancy
- $1,001,771
- Travel
- $162,079
- Depreciation
- $1,188,104
- Program services (functional)
- $25,986,440
- Management and general (functional)
- $3,811,386
- Fundraising (functional)
- $1,854,510
Balance sheet and other
- Total assets, start of year
- $90,927,469
- Total assets, end of year
- $105,721,909
- Total liabilities, end of year
- $10,702,612
- Net assets, end of year
- $95,019,297
- Land, buildings and equipment
- $20,439,826
- Publicly traded securities
- $42,144,101
- Net assets without donor restrictions
- $43,469,302
- Net assets with donor restrictions
- $51,549,995
- Gross unrelated business income
- $366,268
- Gross receipts
- $46,388,230
- Employees
- 300
- Volunteers
- 658
- Year formed
- 1945
- State of legal domicile
- RI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MS TRUDY COXE | CEO & EXEC. DIR. Officer | 60 | $555,957 | $20,272 |
| MR JAMES BURRESS | OUTGOING DIRECTOR OF FINANCE Officer | 50 | $259,976 | $7,807 |
| MR MICHAEL TABER | DIRECTOR OF PROPERTIES Highest-paid employee | 50 | $174,966 | $28,778 |
| MR TERRY DICKINSON | CHIEF OF STAFF Highest-paid employee | 50 | $191,755 | $5,764 |
| MS LESLIE JONES | DIR OF MUS. AFF & CHIEF CURATOR Highest-paid employee | 50 | $165,611 | $28,741 |
| MR KEVIN O'LEARY | DIR OF MARKETING Highest-paid employee | 50 | $174,846 | $5,245 |
| MR PHILIP PELLETIER | DIR. OF SPECIAL EVENTS Highest-paid employee | 50 | $163,397 | $4,907 |
| MR WILLIAM F LUCEY III | CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 |
| MR PETER W HARRIS | VICE CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 |
| MR PATRICK KERINS | VICE CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 |
| MR DAVID BAZARSKY | TREASURER Trustee or director, Officer | 15 | $0 | $0 |
| MS EVELINA TABER | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| MR WILLIAM CORCORAN JR | ASST. TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| MR KEITH STOKES | ASST. SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| MS MEG BRAFF | TRUSTEE Trustee or director | 5 | $0 | $0 |
21 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MR HANK BELL | TRUSTEE Trustee or director | 15 | $0 |
| MS KIM DARDEN | TRUSTEE Trustee or director | 5 | $0 |
| MS SHERRI GRACE | TRUSTEE Trustee or director | 5 | $0 |
| MR STEVEN GEWIRZ | TRUSTEE Trustee or director | 5 | $0 |
| MR ERIC HERTFELDER | TRUSTEE Trustee or director | 5 | $0 |
| MR STEPHEN HUTTLER | TRUSTEE Trustee or director | 5 | $0 |
| MS ALA ISHAM | TRUSTEE Trustee or director | 5 | $0 |
| MS BEVERLY LEDBETTER | TRUSTEE Trustee or director | 5 | $0 |
| MS BEVERLY LITTLE | OUTGOING TRUSTEE Trustee or director | 5 | $0 |
| MR LARK MASON | TRUSTEE Trustee or director | 5 | $0 |
| MR JACK MURPHY | TRUSTEE Trustee or director | 5 | $0 |
| MS SUSAN C PETROVAS | TRUSTEE Trustee or director | 5 | $0 |
| MR EARL POWELL | TRUSTEE Trustee or director | 5 | $0 |
| MS CYNTHIA STEWART REED | TRUSTEE Trustee or director | 5 | $0 |
| MS JANET L ROBINSON | OUTGOING TRUSTEE Trustee or director | 5 | $0 |
| MR TED SANDERSON | TRUSTEE Trustee or director | 5 | $0 |
| MR SNEHAL SHAH | TRUSTEE Trustee or director | 5 | $0 |
| MR DONALD STEINER | TRUSTEE Trustee or director | 5 | $0 |
| MR PATRICK WOOD PRINCE | TRUSTEE Trustee or director | 5 | $0 |
| MS DALE VENTURINI | TRUSTEE Trustee or director | 5 | $0 |
| MR CLIFFORD H RUST | CHIEF FINANCIAL AND OPERATING OFFICER Officer | 50 | $0 |
990 for the year ended March 31, 2024: 36 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MS TRUDY COXE | CEO & EXEC. DIR. Officer | 65 | $493,008 | $29,451 |
| MR JAMES BURRESS | DIRECTOR OF FINANCE Officer | 50 | $239,975 | $15,762 |
| MR TERRY DICKINSON | CHIEF OF STAFF Highest-paid employee | 50 | $181,800 | $12,282 |
| MR MICHAEL TABER | DIRECTOR OF PROPERTIES Highest-paid employee | 50 | $160,812 | $30,705 |
| MS LESLIE JONES | DIR OF MUS. AFF & CHIEF CURATOR Highest-paid employee | 50 | $155,974 | $34,472 |
| MS SARAH IWANSKI | DIR OF ADVANCEMENT Highest-paid employee | 50 | $150,750 | $34,786 |
| MR PHILIP PELLETIER | DIR. OF SPECIAL EVENTS Highest-paid employee | 50 | $157,781 | $9,882 |
| MR WILLIAM F LUCEY III | CHAIRMAN Trustee or director, Officer | 15 | $0 | $0 |
| MR PETER W HARRIS | TREASURER Trustee or director, Officer | 15 | $0 | $0 |
| MS JANET L ROBINSON | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| MS CYNTHIA STEWART REED | ASST. SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| DR HOLLY BANNISTER | OUTGOING-TRUSTEE Trustee or director | 5 | $0 | $0 |
| MS MEG BRAFF | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR WILLIAM CORCORAN JR | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MS KIM DARDEN | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR PETER C ERICHSEN | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MS ANNE FORD | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR STEVEN GEWIRZ | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MS SHERRI GRACE | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MS BEVERLY LITTLE | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR STEPHEN HUTTLER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR JOHN MUGGERIDGE | OUTGOING-TRUSTEE Trustee or director | 5 | $0 | $0 |
| MS NAOMI NEVILLE | OUTGOING-TRUSTEE Trustee or director | 5 | $0 | $0 |
| MS SUSAN C PETROVAS | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR EARL POWELL | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR TED SANDERSON | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR KEITH STOKES | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MS DALE VENTURINI | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR DAVID BAZARSKY | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR HANK BELL | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR PATRICK KERINS | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MS EVELINA TABER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR PATRICK WOOD PRINCE | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MS ALA ISHAM | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR LARK MASON | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR SNEHAL SHAH | TRUSTEE Trustee or director | 5 | $0 | $0 |
990 for the year ended March 31, 2023: 38 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MS TRUDY COXE | CEO & EXEC. DIR. Officer | 65 | $383,921 | $30,444 |
| MR JAMES BURRESS | DIRECTOR OF FINANCE Officer | 50 | $223,668 | $14,812 |
| MR TERRY DICKINSON | CHIEF OF STAFF Highest-paid employee | 50 | $172,832 | $10,400 |
| MR MICHAEL TABER | DIRECTOR OF PROPERTIES Highest-paid employee | 50 | $148,781 | $29,323 |
| MR PHILIP PELLETIER | DIR. OF SPECIAL EVENTS Highest-paid employee | 50 | $151,171 | $9,588 |
| MS TARA FLYNN FRATES | MAJOR GIFTS OFFICER Highest-paid employee | 50 | $128,894 | $31,521 |
| MS SARAH IWANSKI | DIR OF ADVANCEMENT Highest-paid employee | 50 | $131,683 | $9,806 |
| MR WILLIAM N WOOD PRINCE | OUTGOING VICE CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 |
| MR WILLIAM F LUCEY III | CHAIRMAN Trustee or director, Officer | 15 | $0 | $0 |
| MR PETER W HARRIS | TREASURER Trustee or director, Officer | 15 | $0 | $0 |
| MS JANET L ROBINSON | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| MS CYNTHIA STEWART REED | ASST. SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| DR HOLLY BANNISTER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MS MEG BRAFF | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR WILLIAM CORCORAN JR | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MS KIM DARDEN | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR WILLIAM P EGAN II | OUTGOING TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR PETER C ERICHSEN | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MS ANNE FORD | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR STEVEN GEWIRZ | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MS SHERRI GRACE | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MS BEVERLY LITTLE | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR STEPHEN HUTTLER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MS ANN S MENCOFF | OUTGOING TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR JOHN MUGGERIDGE | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MS NAOMI NEVILLE | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR JOHN PEIXINHO | OUTGOING TRUSTEE Trustee or director | 5 | $0 | $0 |
| MS SUSAN C PETROVAS | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR JOHN G PICERNE | OUTGOING TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR EARL POWELL | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR TED SANDERSON | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR KEITH STOKES | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MS DALE VENTURINI | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR DAVID BAZARSKY | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR HANK BELL | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR PATRICK KERINS | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MS EVELINA TABER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MR PATRICK WOOD PRINCE | TRUSTEE Trustee or director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 424 BELLEVUE AVE, NEWPORT, RI 02840-6924
- Principal officer (990 for 2024)
- TRUDY COXE, 424 BELLEVUE AVENUE, NEWPORT, RI 02840
- Signed the 990
- CLIFFORD H RUST, CHIEF FINANCIAL AND OPERATING
- Phone
- (401) 847-1000
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
THE PRESERVATION SOCIETY OF NEWPORT COUNTY'S MISSION IS TO PROTECT, PRESERVE, AND PRESENT AN EXCEPTIONAL COLLECTION OF HOUSE MUSEUMS AND LANDSCAPES IN ONE OF THE MOST HISTORICALLY INTACT CITIES IN AMERICA. WE HOLD IN PUBLIC TRUST THE NEWPORT MANSIONS, WHICH ARE AN INTEGRAL PART OF THE LIVING FABRIC OF NEWPORT, RHODE ISLAND. THESE SITES EXEMPLIFY THREE CENTURIES OF THE FINEST ACHIEVEMENTS IN AMERICAN ARCHITECTURE, DECORATIVE ARTS, AND LANDSCAPE DESIGN SPANNING THE COLONIAL ERA TO THE GILDED AGE. THROUGH OUR HISTORIC PROPERTIES, EDUCATIONAL PROGRAMS, AND RELATED ACTIVITIES WE ENGAGE THE PUBLIC IN THE STORY OF AMERICA'S VIBRANT CULTURAL HERITAGE. WE SEEK TO INSPIRE AND PROMOTE AN APPRECIATION OF THE VALUE OF PRESERVATION TO ENRICH THE LIVES OF PEOPLE EVERYWHERE.
Program accomplishments
- THE PRESERVATION SOCIETY OF NEWPORT COUNTRY PRESERVES ELEVEN HISTORIC MANSIONS, INCLUDING SEVEN NATIONAL HISTORIC LANDMARKS AND EIGHTY ACRES OF PARKS, GARDENS AND GROUNDS, REPRESENTING MORE THAN 250 YEARS OF SOCIAL AND ARCHITECTURAL HISTORY. DURING THE YEAR, VISITORS TOOK REGULARLY-SCHEDULED TOURS OF THE SOCIETY'S PROPERTIES TO LEARN ABOUT THE BUILDINGS AND THE MEN AND WOMEN WHO GAVE RISE TO THESE SPECIAL PLACES. IN ADDITION TO GENERAL TOURS, THE PRESERVATION SOCIETY OFFERS MANY LEARNING OPPORTUNITIES, DESIGNED TO PRESENT ITS HOUSES AND COLLECTIONS TO A BROAD AND DIVERSE AUDIENCE IN AS MANY INTERESTING AND ENLIGHTENING WAYS AS POSSIBLE. THESE PROGRAMS INCLUDE INTERNATIONAL SYMPOSIA AND FORUMS, STUDY DAYS, LECTURES, WORKSHOPS, FILMS, TOURS, AND THE OPPORTUNITY FOR VISITORS TO EXPERIENCE THE TYPE OF GRAND ENTERTAINING FOR WHICH THEY WERE BUILT. EDUCATIONAL PROGRAMS ARE OFFERED YEAR-ROUND.Expenses $25,986,440 · revenue $18,761,164
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 05-0252708
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1947
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A800)
- Assets (IRS master file)
- $105,721,909
- Income (IRS master file)
- $46,388,230
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2025 | $43,998,875 | $31,652,336 | $105,721,909 | XML |
| 990-T | March 2025 | – | – | – | IRS |
| 990 | March 2024 | $33,729,080 | $32,465,388 | $90,927,469 | XML |
| 990-T | March 2024 | – | – | – | IRS |
| 990 | March 2023 | $31,305,986 | $26,937,862 | $83,287,877 | XML |
| 990-T | March 2023 | – | – | – | IRS |
| 990 | March 2022 | $27,874,827 | $17,802,178 | $83,597,126 | IRS |
| 990-T | March 2022 | – | – | – | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990-T | March 2021 | – | – | – | IRS |
| 990 | March 2020 | – | – | – | IRS |
| 990 | March 2019 | – | – | – | IRS |
| 990 | March 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 05-0252708).
Questions about PRESERVATION SOCIETY OF NEWPORT COUNTY
- What is the EIN of PRESERVATION SOCIETY OF NEWPORT COUNTY?
- The employer identification number (EIN) of PRESERVATION SOCIETY OF NEWPORT COUNTY is 05-0252708.
- Is PRESERVATION SOCIETY OF NEWPORT COUNTY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1947.
- Are donations to PRESERVATION SOCIETY OF NEWPORT COUNTY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PRESERVATION SOCIETY OF NEWPORT COUNTY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PRESERVATION SOCIETY OF NEWPORT COUNTY due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PRESERVATION SOCIETY OF NEWPORT COUNTY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2025.
- Who is the principal officer of PRESERVATION SOCIETY OF NEWPORT COUNTY?
- The 990 for the year ended March 31, 2025 names TRUDY COXE.
- Who are the officers and directors of PRESERVATION SOCIETY OF NEWPORT COUNTY?
- The 990 for the year ended March 31, 2025 lists 36 people; 7 received compensation from the organization, the highest $555,957 (MS TRUDY COXE, CEO & EXEC. DIR.).
- How much revenue does PRESERVATION SOCIETY OF NEWPORT COUNTY have?
- On its 990 for the year ended March 31, 2025 it reported revenue of $43,998,875, expenses of $31,652,336 and total assets of $105,721,909 at year end.
Other nonprofits in NEWPORT
- IYRS SCHOOL OF TECHNOLOGY & TRADES EIN 05-0470320 · last filed 990 for 2025
- NEWPORT HISTORICAL SOCIETY EIN 05-0264532 · last filed 990 for 2024
- AUDRAIN AUTOMOBILE MUSEUM INC EIN 47-1918005 · last filed 990 for 2024
- RHODE ISLAND ARTS FOUNDATION AT NEWPORT INCORPORATED EIN 05-0319134 · last filed 990 for 2025
- AMERICAN CIVILIZATION FOUNDATION EIN 05-0503504 · last filed 990-PF for 2024
- NEWPORT ART MUSEUM AND ART ASSOCIATION EIN 05-0258803 · last filed 990 for 2024
- FORT ADAMS TRUST INC EIN 05-0475756 · last filed 990 for 2025
- NATIONAL SAILING HALL OF FAME MUSEUM INC EIN 54-2152883 · last filed 990 for 2024
All nonprofits in NEWPORT · Rhode Island · Arts, culture and humanities