Civic Intelligence

Providence Athenaeum

990 • Fiscal year 2013 • EIN 05-0258928

Jul 01, 2012 to Jun 30, 2013 • Filed on May 08, 2014

251 Benefit StreetProvidence, RI 02903
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

10th percentile

0.01x

Higher debt load relative to assets than 10% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

20th percentile

0.07x

Higher debt load relative to revenue than 20% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Net Margin

21st percentile

-5.2%

Higher net margin than 21% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

64th percentile

7.4%

Faster asset growth than 64% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$11,327,470

Up $784,855 (+7.4%) from 2012

Net Assets

Up

$11,265,495

Up $795,468 (+7.6%) from 2012

Liabilities

Down

$61,975

Down $10,613 (-15%) from 2012

Revenue

$938,707

No earlier filing loaded for comparison.

Expenses

Up

$987,657

Up $16,291 (+1.7%) from 2012

Net Income

-$48,950

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2010: $9,361,115Liabilities 2010: $72,888Net Assets 2010: $9,288,2272010Assets 2011: $10,785,287Liabilities 2011: $25,998Net Assets 2011: $10,759,2892011Assets 2012: $10,542,615Liabilities 2012: $72,588Net Assets 2012: $10,470,0272012Assets 2013: $11,327,470Liabilities 2013: $61,975Net Assets 2013: $11,265,4952013Assets 2014: $12,373,249Liabilities 2014: $55,983Net Assets 2014: $12,317,2662014Assets 2015: $11,915,890Liabilities 2015: $48,208Net Assets 2015: $11,867,6822015Assets 2016: $11,518,136Liabilities 2016: $86,160Net Assets 2016: $11,431,9762016Assets 2017: $12,393,423Liabilities 2017: $57,566Net Assets 2017: $12,335,8572017Assets 2018: $12,948,991Liabilities 2018: $62,056Net Assets 2018: $12,886,9352018Assets 2019: $13,120,889Liabilities 2019: $72,385Net Assets 2019: $13,048,5042019Assets 2020: $13,287,642Liabilities 2020: $173,091Net Assets 2020: $13,114,5512020Assets 2021: $16,166,387Liabilities 2021: $207,141Net Assets 2021: $15,959,2462021Assets 2022: $13,863,990Liabilities 2022: $108,860Net Assets 2022: $13,755,1302022Assets 2023: $15,061,010Liabilities 2023: $115,541Net Assets 2023: $14,945,4692023Assets 2024: $16,207,117Liabilities 2024: $99,701Net Assets 2024: $16,107,4162024Assets 2025: $17,289,075Liabilities 2025: $100,676Net Assets 2025: $17,188,3992025

Highlighted filing

2013

Assets$11,327,470
Liabilities$61,975
Net Assets$11,265,495

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $903,6422010Expenses 2011: $888,0472011Expenses 2012: $971,3662012Revenue 2013: $938,707Expenses 2013: $987,657Net Income 2013: -$48,9502013Revenue 2014: $2,929,446Expenses 2014: $996,884Net Income 2014: $1,932,5622014Revenue 2015: $990,944Expenses 2015: $1,059,630Net Income 2015: -$68,6862015Revenue 2016: $1,249,708Expenses 2016: $1,159,621Net Income 2016: $90,0872016Revenue 2017: $1,868,299Expenses 2017: $1,227,186Net Income 2017: $641,1132017Revenue 2018: $1,552,839Expenses 2018: $1,297,082Net Income 2018: $255,7572018Revenue 2019: $885,192Expenses 2019: $1,274,658Net Income 2019: -$389,4662019Revenue 2020: $1,290,484Expenses 2020: $1,272,231Net Income 2020: $18,2532020Revenue 2021: $2,203,845Expenses 2021: $1,480,585Net Income 2021: $723,2602021Revenue 2022: $2,102,324Expenses 2022: $1,951,057Net Income 2022: $151,2672022Revenue 2023: $1,696,298Expenses 2023: $1,452,750Net Income 2023: $243,5482023Revenue 2024: $1,581,096Expenses 2024: $1,496,411Net Income 2024: $84,6852024Revenue 2025: $2,350,621Expenses 2025: $1,747,621Net Income 2025: $603,0002025

Highlighted filing

2013

Revenue$938,707
Expenses$987,657
Net Income-$48,950
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
May 8, 2014
Return Version
2012v2.1
Gross Receipts
$3,049,967
Mission and Program Overview

Mission

The providence athenaeum is an independent member-supported library and cultural center, founded in 1836 and open to the public. Having always been organized as a cultural institution for the benefit of the entire community, the athenaeum obtained recognition as a not-for-profit 501(c)(3) organization in the 1970s. Today it continues to fulfill the intention of its founders by offering a broad range of services to a diverse public, with nearly 57,000 visitors in 2018-19, more than 1,000 of whom support the library directly through membership and donations. The collections, programming and the services we provide are of primary interest to local as well as national scientists, authors, educators, musicians, actors, poets, artists, and journalists from all walks of life.

Major Activities

Activity 2
Public programs: the providence athenaeum offers year-round childrens programs, including story hours, arts and crafts, and seasonal events. Adults also enjoy a variety of lively programs such as poetry readings, lectures on travel, contemporary issues and the arts. During fiscal year 2012-2013, we hosted 167 childrens events with 1,603 attending, 61 adult programs with 3,210 attending and curated approximately 40 exhibits and 23 tours. More than 40,000 people visited the athenaeum during the year.
Activity 3
Historic preservation of collections and building: the athenaeums collections and historic building are maintained in the spirit of its founders in order to enrich the lives of all who enter its granite walls. The athenaeum, known by its handsome greek revival building, maintains special collections that are valuable and rare. Our collections highlight the strengths of the providence athenaeum and its antecedents since 1753, in documenting the history of the book and book culture in providence during the 18th and 19th centuries. The building & grounds committee, a board committee oversees the building, furnishings, and grounds of the providence athenaeum, prioritizes the need for elective repairs or changes and makes recommendations to the board of directors on how to proceed. Thanks to contributions from individual donors, the athenaeum was able to conserve our copies of the southern literary messenger and add new titles to our roycroft collection.
Filing and Contact Details

Filer

EIN
05-0258928
Raw XML AppendixShowing 400 of 597 raw XML fields

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IRS990/MissionDescription0THE PROVIDENCE ATHENAEUM IS AN INDEPENDENT MEMBER-SUPPORTED LIBRARY AND CULTURAL CENTER, FOUNDED IN 1836 AND OPEN TO THE PUBLIC. HAVING ALWAYS BEEN ORGANIZED AS A CULTURAL INSTITUTION FOR THE BENEFIT OF THE ENTIRE COMMUNITY, THE ATHENAEUM OBTAINED RECOGNITION AS A NOT-FOR-PROFIT 501(C)(3) ORGANIZATION IN THE 1970S. TODAY IT CONTINUES TO FULFILL THE INTENTION OF ITS FOUNDERS BY OFFERING A BROAD RANGE OF SERVICES TO A DIVERSE PUBLIC, NEARLY 1000 OF WHO SUPPORT THE LIBRARY DIRECTLY THROUGH MEMBERSHIP AND DONATIONS. THE COLLECTIONS, PROGRAMMING AND THE SERVICES WE PROVIDE ARE OF PRIMARY INTEREST TO LOCAL AS WELL AS NATIONAL SCIENTISTS, AUTHORS, EDUCATORS, MUSICIANS, ACTORS, POETS, ARTISTS, AND JOURNALISTS FROM ALL WALKS OF LIFE.
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IRS990/NetUnrelatedBusinessTxblIncome00
IRS990/NoncashContributions01137
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith109608
IRS990/NumberIndependentVotingMembers017
IRS990/NumberIndividualsGT100K00
IRS990/NumberOfContractorsGT100K00
IRS990/NumberOfEmployees022
IRS990/NumberW2GIncluded00
IRS990/Occupancy/Fundraising01437
IRS990/Occupancy/ManagementAndGeneral02875
IRS990/Occupancy/ProgramServices024678
IRS990/Occupancy/Total028990
IRS990/OfficeExpenses/Fundraising02419
IRS990/OfficeExpenses/ManagementAndGeneral04837
IRS990/OfficeExpenses/ProgramServices014730
IRS990/OfficeExpenses/Total021986
IRS990/OfficerEntityWithBsnssRltnshp00
IRS990/OfficerMailingAddress00
IRS990/Organization501c30X
IRS990/OtherAssetsTotal/BOY0421
IRS990/OtherAssetsTotal/EOY0436
IRS990/OtherEmployeeBenefits/Fundraising05323
IRS990/OtherEmployeeBenefits/ManagementAndGeneral010647
IRS990/OtherEmployeeBenefits/ProgramServices032424
IRS990/OtherEmployeeBenefits/Total048394
IRS990/OtherExpensePriorYear0346729
IRS990/OtherExpensesCurrentYear0349478
IRS990/OtherExpenses/Description0PROGRAM EXPENSES
IRS990/OtherExpenses/Description1CATALOGUING FEES
IRS990/OtherExpenses/Description2BANK FEES
IRS990/OtherExpenses/Description3OFFSITE STORAGE
IRS990/OtherExpenses/Fundraising0424
IRS990/OtherExpenses/ManagementAndGeneral0848
IRS990/OtherExpenses/ProgramServices041018
IRS990/OtherExpenses/ProgramServices113369
IRS990/OtherExpenses/ProgramServices22581
IRS990/OtherExpenses/ProgramServices33786
IRS990/OtherExpenses/Total041018
IRS990/OtherExpenses/Total113369
IRS990/OtherExpenses/Total23853
IRS990/OtherExpenses/Total33786
IRS990/OtherRevenueCurrentYear00
IRS990/OtherRevenuePriorYear024994
IRS990/OtherSalariesAndWages/Fundraising036285
IRS990/OtherSalariesAndWages/ManagementAndGeneral087958
IRS990/OtherSalariesAndWages/ProgramServices0316678
IRS990/OtherSalariesAndWages/Total0440921
IRS990/OtherWebsite0X
IRS990/PartialLiquidation00
IRS990/PayrollTaxes/Fundraising04413
IRS990/PayrollTaxes/ManagementAndGeneral08826
IRS990/PayrollTaxes/ProgramServices026878
IRS990/PayrollTaxes/Total040117
IRS990/PensionPlanContributions/Fundraising01490
IRS990/PensionPlanContributions/ManagementAndGeneral03749
IRS990/PensionPlanContributions/ProgramServices013747
IRS990/PensionPlanContributions/Total018986
IRS990/PermanentlyRestrictedNetAssets/BOY01514959
IRS990/PermanentlyRestrictedNetAssets/EOY01515234
IRS990/PoliticalActivities00
IRS990/PremiumsPaid00
IRS990/PrepaidExpensesDeferredCharges/BOY011802
IRS990/PrepaidExpensesDeferredCharges/EOY012076
IRS990/PriorExcessBenefitTransaction00
IRS990/ProfessionalFundraising00
IRS990/ProgramServiceRevenue/BusinessCode0900099
IRS990/ProgramServiceRevenueCY056032
IRS990/ProgramServiceRevenue/Description0PROGRAM SPONSORSHIPS AND ATTENDAN
IRS990/ProgramServiceRevenuePriorYear042740
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome031324
IRS990/ProgramServiceRevenue/TotalRevenueColumn031324
IRS990/ProhibitedTaxShelterTrans00
IRS990/QuidProQuoContributions00
IRS990/ReconcilationOtherChanges00
IRS990/ReconcilationRevenueExpenses0-48950
IRS990/ReconciliationUnrealizedInvest0844418
IRS990/RegularMonitoringEnforcement01
IRS990/RelatedEntity00
IRS990/RelatedOrgControlledEntity00
IRS990/ReportFin48Footnote01
IRS990/ReportInvestOthSecurities00
IRS990/ReportLandBldgEquip01
IRS990/ReportOtherAssets00
IRS990/ReportOtherLiabilities00
IRS990/ReportProgRelInvest00
IRS990/Revenue0145420
IRS990/RevenuesLessExpensesCY0-48950
IRS990/RevenuesLessExpensesPriorYear0-193541
IRS990/SalariesEtcCurrentYear0638179
IRS990/SalariesEtcPriorYear0624637
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear0471636
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year0391727
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years0360292
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years0371364
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years0523444
IRS990ScheduleA/GiftsGrantsContribReceived170/Total02118463
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYear0289658
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year0270621
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years0224774
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus3Years0218704
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus4Years0225011
IRS990ScheduleA/GrossInvestmentIncome170/Total01228768
IRS990ScheduleA/GrossReceiptsFromAdmissionsEtc0337893
IRS990ScheduleA/PubliclySupportedOrg170b1Avi0X
IRS990ScheduleA/PublicSupportPertcentage17000.63290
IRS990ScheduleA/PublicSupportPertcentPriorYear00.63600
IRS990ScheduleA/PublicSupportTotal17002118463
IRS990ScheduleA/ThirtyThreePercntTestsCY1700X
IRS990ScheduleA/Total170/CurrentTaxYear0471636
IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year0391727
IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years0360292

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.3$0.10$17.2$2.35$1.75$0.60
2024Detailed filing. Detailed filing data is available for this year.$16.2$0.10$16.1$1.58$1.50$0.08
2023Detailed filing. Detailed filing data is available for this year.$15.1$0.12$14.9$1.70$1.45$0.24
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.9$0.11$13.8$2.10$1.95$0.15
2021Detailed filing. Detailed filing data is available for this year.$16.2$0.21$16.0$2.20$1.48$0.72
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.3$0.17$13.1$1.29$1.27$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.1$0.07$13.0$0.89$1.27$0.39
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.9$0.06$12.9$1.55$1.30$0.26
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.4$0.06$12.3$1.87$1.23$0.64
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.5$0.09$11.4$1.25$1.16$0.09
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.9$0.05$11.9$0.99$1.06$0.07
2014Detailed filing. Detailed filing data is available for this year.$12.4$0.06$12.3$2.93$1.00$1.93
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.3$0.06$11.3$0.94$0.99$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.5$0.07$10.5$0.97
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.8$0.03$10.8$0.89
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.36$0.07$9.29$0.90