Civic Intelligence

Providence Athenaeum

990 • Fiscal year 2017 • EIN 05-0258928

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 22, 2018

251 Benefit StreetProvidence, RI 02903

(401) 421-6970

Siviq Scores

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

Liabilities / Assets

10th percentile

0.00x

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

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

13th percentile

0.03x

Higher debt load relative to revenue than 13% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

86th percentile

34%

Higher net margin than 86% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

28th percentile

$115,866

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

60th percentile

7.6%

Faster asset growth than 60% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

87th percentile

49%

Faster revenue growth than 87% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$12,393,423

Up $875,287 (+7.6%) from 2016

Net Assets

Up

$12,335,857

Up $903,881 (+7.9%) from 2016

Liabilities

Down

$57,566

Down $28,594 (-33%) from 2016

Revenue

Up

$1,868,299

Up $618,591 (+49%) from 2016

Expenses

Up

$1,227,186

Up $67,565 (+5.8%) from 2016

Net Income

Up

$641,113

Up $551,026 (+612%) from 2016

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

2017

Assets$12,393,423
Liabilities$57,566
Net Assets$12,335,857

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

2017

Revenue$1,868,299
Expenses$1,227,186
Net Income$641,113
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 22, 2018
Return Version
2016v3.0
Gross Receipts
$12,966,992
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.

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 over 51,000 visitors in 2016-17, 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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,690,148$10,472,381▲ $782,233
Land, Buildings, and Equipment, Net$1,501,125$1,746,949▲ $245,824
Cash and Non-Interest-Bearing Accounts$253,157$96,679▼ $156,478
Accounts Receivable$48,545$40,064▼ $8,481
Prepaid Expenses and Deferred Charges$21,917$32,136▲ $10,219
Inventories for Sale or Use$2,798$4,740▲ $1,942
Total Assets$11,518,136$12,393,423▲ $875,287
Other Assets Total$446$474▲ $28
Liabilities
Accounts Payable and Accrued Expenses$86,160$57,566▼ $28,594
Total Liabilities$86,160$57,566▼ $28,594
Net Assets / Fund Balance
Unrestricted Net Assets$9,018,548$10,000,619▲ $982,071
Permanently Rstr Net Assets$1,478,858$1,480,933▲ $2,075
Temporarily Rstr Net Assets$934,570$854,305▼ $80,265
Total Net Assets Fund Balance$11,431,976$12,335,857▲ $903,881
Total Liabilities and Net Assets / Fund Balance$11,518,136$12,393,423▲ $875,287

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,562,735$491,534$2,054,269
Other Land Buildings$163,976$876,560$1,040,536
Equipment$20,238$357,285$377,523

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$9,690,148$28,759▲ $1,367,888$614,414$10,472,381
2015$10,283,213$211,174▼ $306,177$498,062$9,690,148
2014$10,842,604$8,026▼ $107,072$460,345$10,283,213
2013$9,775,964$475▲ $1,509,430$442,516$10,842,604
2012$8,979,919$275▲ $1,219,944$424,174$9,775,964
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matt BurriesciExecutive DirectorFT$99,637$16,229$115,866

Board Members and Trustees

NameTitle
Tripp EvansPresident
Grace FarmerVice President
Allen KurzweilDirector
Candy AdrianceDirector
Douglas DavisDirector
Dr Cathy LundDirector
Ethan KischDirector
Jonathan BellDirector
Karen JessupDirector
Kas DecarvalhoDirector
Kipp BradfordDirector
Kristi AgnielDirector
Mark GimDirector
Timothy PhilbrickDirector
Touba GhadessiDirector
Kqantu Pareja BentSecretary
Stephen CoonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$671,851
Program Service Revenue
$66,296
Investment Income
$1,133,056
Other Revenue
$-2,904
All Other Contributions
$475,997
Change in Net Assets
$641,113

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded5$26,684Fair Market Value (FMV)
Works of Art1$7,500Fair Market Value (FMV)
Total Noncash Contributions6$34,184-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,840,418
Revenue Not Reported on Financial Statements
$27,881
Revenue Not Reported on Form 990
$268,046
Total Revenue per Audited Statements
$2,108,464
Total Revenue per Form 990
$1,868,299
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$803,494
Other Expenses$421,137
Total Fundraising Expense$219,413
Professional Fundraising Fees$2,555
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$428,434$71,707$77,492$577,633
Current Officers, Directors, Trustees, and Key Employees$30,087$42,122$48,139$120,348
Depreciation Depletion$71,017$8,337$9,182$88,536
Occupancy$34,934$8,263$9,100$52,297
Payroll Taxes$33,955$8,031$8,845$50,831
Advertising$9,268-$38,769$48,037
Insurance$29,204$11,347$657$41,208
Office Expenses$21,834$6,505$6,213$34,552
Other Employee Benefits$28,714$2,519$2,560$33,793
Fees for Service Investment Mgmnt Fees-$27,881-$27,881
Pension Plan Contributions$15,698$2,499$2,692$20,889
All Other Expenses$7,195$93$10,873$18,161
Fees for Services Accounting-$11,000-$11,000
Fees for Services Other-$7,566$79$7,645
Other Expenses$7,145--$7,145
Information Technology$4,130$1,388$1,528$7,046
Travel$1,857$439$484$2,780
Fees for Services Professional Fundraising--$2,555$2,555
Conferences and Meetings$942$223$245$1,410
Total Functional Expenses$797,853$209,920$219,413$1,227,186

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,227,186
Total Expenses per Audited Statements$1,204,582
Expenses per Audited Statements$1,199,305
Expenses Not Reported on Financial Statements$27,881
Expenses Not Reported on Form 990$5,277
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$5,277
Professional Fundraising Fees$2,555
Fundraising Gross Income$2,373
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Any person who shall pay dues specified by the board of directors shall be a member of the athenaeum. Each member shall be entitled to all the rights and privileges provided to members by the bylaws of the athenaeum and subject to rules and regulations made by the board.

Form 990, Part VI, Section A, Line 7A

All members are entitled to attend membership meetings and to vote in the election of of directors and officers.

Form 990, Part VI, Section A, Line 7B

Bylaws may be altered or amended, in whole or in part, at any meeting of the members.

Form 990, Part VI, Section B, Line 11B

The form 990 is initially reviewed by the business manager to verify accuracy in accordance with information provided to the auditors, and corrections are made as needed. A copy of the return is then provided to the treasurer for review, and corrections are made as needed. Copies in electronic or paper form are then distributed to the board for review and approval.

Form 990, Part VI, Section B, Line 12C

The organization monitors and enforces its conflict of interest policy through policy review, examples, disclosure, and withdrawal from participation, if necessary.

Form 990, Part VI, Section B, Line 15A

The finance committee and board of directors review and approve the compensation of the executive director on an annual basis.

Form 990, Part VI, Section C, Line 19

Streamlined financial statements are published in the annual report to the membership. Other policies and full financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Providence Athenaeum
EIN
05-0258928
Phone
4014216970
Address
251 BENEFIT STREET, PROVIDENCE, RI 02903

Signing Officer

Name
Matt Burriesci
Title
Executive Director
Phone
4014216970
Signed
2018-01-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matt Burriesci
Formed
1836
Legal Domicile
Ri
Voting Board Members
17
Independent Board Members
17
Employees
28
Volunteers
55

Preparer

Firm
Mullen Scorpio & Cerilli
Address
67 CEDAR STREET, PROVIDENCE, RI 02903
Preparer
Anthony W Scorpio
Phone
4017513860
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The organization has not changed its process for selecting or overseeing the independent accountants during the current tax year.

Financial Statement Notes

PART III, LINE 1A:

Inexhaustible collections are not capitalized by the athenaeum as the values are not readily determinable. New acquisitions of collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired, or as decreases in temporarily restricted net assets if the assets used to purchase the items were restricted by donors. Contributed collection items are also not reflected in the financial statements.

PART III, LINE 4:

The providence athenaeum, founded as "the athenaeum" in 1836, is one of the city's oldest cultural centers and one of only 17 u.s. Membership libraries existing today. Its progenitors were two earlier libraries, the providence library company, founded in 1753, and the providence athenaeum, founded in 1831; it became "the providence athenaeum" by amendment to its charter in 1850. The library houses close to 182,000 circulating books, periodicals, and unique and rare books and manuscripts. Its special collections include the original founders' collection; incunabula and manuscripts dating back to the 1300s; significant arts and crafts, travel and exploration, r.i. Industry, and natural history collections; 18th- and 19th-century fiction; and early children's literature. The special collections and archives contain documents that reveal its rich architectural history and provide insights into the intellectual, cultural, economic, and political thinking in providence, new england, and america that help to inform the athenaeum's eclectic programming. As one of the oldest cultural institutions in the state, the athenaeum has long served as a place for citizens to meet and learn from one another. We are continuing to serve a broad public and determined to involve an even larger community at many more levels. The core values of vision 2015 speak to the athenaeum's belief that the active participation of a broad and diverse population is critical in fostering a democratic society. As of the fall of 2011, all our programs were open to the public.

PART V, LINE 4:

The intended use of the endowment fund is to generate additional needed revenue to be used to further the purposes of the athenaeum's mission.

PART X, LINE 2:

The athenaeum evaluates its uncertain tax positions using the guidance for contingencies as contained in generally accepted accounting principles. The athenaeum was not aware of any uncertain tax positions that were not provided for in the accompanying financial statements.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Special event expenses 5,277.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Special event expenses 5,277.

Raw XML AppendixShowing 400 of 614 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0THE 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 OVER 51,000 VISITORS IN 2016-17, 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.
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1716229
IRS990/Form990PartVIISectionAGrp/PersonNm0TRIPP EVANS
IRS990/Form990PartVIISectionAGrp/PersonNm1GRACE FARMER
IRS990/Form990PartVIISectionAGrp/PersonNm2KAS DECARVALHO
IRS990/Form990PartVIISectionAGrp/PersonNm3STEPHEN COON
IRS990/Form990PartVIISectionAGrp/PersonNm4CANDY ADRIANCE
IRS990/Form990PartVIISectionAGrp/PersonNm5JONATHAN BELL
IRS990/Form990PartVIISectionAGrp/PersonNm6KQANTU PAREJA BENT
IRS990/Form990PartVIISectionAGrp/PersonNm7DOUGLAS DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm8TOUBA GHADESSI
IRS990/Form990PartVIISectionAGrp/PersonNm9ETHAN KISCH
IRS990/Form990PartVIISectionAGrp/PersonNm10ALLEN KURZWEIL
IRS990/Form990PartVIISectionAGrp/PersonNm11TIMOTHY PHILBRICK
IRS990/Form990PartVIISectionAGrp/PersonNm12KAREN JESSUP
IRS990/Form990PartVIISectionAGrp/PersonNm13KRISTI AGNIEL
IRS990/Form990PartVIISectionAGrp/PersonNm14DR CATHY LUND
IRS990/Form990PartVIISectionAGrp/PersonNm15KIPP BRADFORD
IRS990/Form990PartVIISectionAGrp/PersonNm16MARK GIM
IRS990/Form990PartVIISectionAGrp/PersonNm17MATT BURRIESCI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1799637
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01836
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt011074
IRS990/FundraisingDirectExpensesAmt05277
IRS990/FundraisingGrossIncomeAmt02373
IRS990/GainOrLossGrp/SecuritiesAmt0930307
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GovernmentGrantsAmt016843
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt012023723
IRS990/GrossReceiptsAmt012966992
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt017
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt01528
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01388
IRS990/InformationTechnologyGrp/ProgramServicesAmt04130
IRS990/InformationTechnologyGrp/TotalAmt07046
IRS990/InsuranceGrp/FundraisingAmt0657
IRS990/InsuranceGrp/ManagementAndGeneralAmt011347
IRS990/InsuranceGrp/ProgramServicesAmt029204
IRS990/InsuranceGrp/TotalAmt041208
IRS990/InventoriesForSaleOrUseGrp/BOYAmt02798
IRS990/InventoriesForSaleOrUseGrp/EOYAmt04740
IRS990/InvestmentIncomeGrp/ExclusionAmt0202749
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0202749
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt09690148
IRS990/InvestmentsPubTradedSecGrp/EOYAmt010472381
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01725379
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01501125
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01746949
IRS990/LandBldgEquipCostOrOtherBssAmt03472328
IRS990/LegalDomicileStateCd0RI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt011093416
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0167937
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE 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 OVER 51,000 VISITORS IN 2016-17, 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt011431976
IRS990/NetAssetsOrFundBalancesEOYAmt012335857
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0930307
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0930307
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-2904
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-2904
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0262768
IRS990/NoncashContributionsAmt034434
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt09100
IRS990/OccupancyGrp/ManagementAndGeneralAmt08263
IRS990/OccupancyGrp/ProgramServicesAmt034934
IRS990/OccupancyGrp/TotalAmt052297
IRS990/OfficeExpensesGrp/FundraisingAmt06213
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06505
IRS990/OfficeExpensesGrp/ProgramServicesAmt021834
IRS990/OfficeExpensesGrp/TotalAmt034552
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0446
IRS990/OtherAssetsTotalGrp/EOYAmt0474
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02560
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02519
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt028714
IRS990/OtherEmployeeBenefitsGrp/TotalAmt033793
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1CATALOGUING FEES
IRS990/OtherExpensesGrp/Desc2IN-KIND EXPENSES
IRS990/OtherExpensesGrp/Desc3CONTINUING EDUCATION
IRS990/OtherExpensesGrp/ProgramServicesAmt039437
IRS990/OtherExpensesGrp/ProgramServicesAmt126252
IRS990/OtherExpensesGrp/ProgramServicesAmt27750
IRS990/OtherExpensesGrp/ProgramServicesAmt37145
IRS990/OtherExpensesGrp/TotalAmt039437
IRS990/OtherExpensesGrp/TotalAmt126252
IRS990/OtherExpensesGrp/TotalAmt27750
IRS990/OtherExpensesGrp/TotalAmt37145
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt077492
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt071707
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0428434
IRS990/OtherSalariesAndWagesGrp/TotalAmt0577633
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt08845
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08031
IRS990/PayrollTaxesGrp/ProgramServicesAmt033955
IRS990/PayrollTaxesGrp/TotalAmt050831
IRS990/PensionPlanContributionsGrp/FundraisingAmt02692
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02499
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt015698
IRS990/PensionPlanContributionsGrp/TotalAmt020889
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01478858
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01480933
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt021917
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt032136
IRS990/PrincipalOfficerNm0MATT BURRIESCI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SPONSORSHIPS AND ATTENDAN
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt033132
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt033132
IRS990/ProgSrvcAccomActy2Grp/Desc0PUBLIC PROGRAMS: THE PROVIDENCE ATHENAEUM OFFERS YEAR-ROUND CHILDREN'S 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 2016-2017, WE HOSTED 139 CHILDREN'S EVENTS WITH 1,919 ATTENDING, 136 ADULT PROGRAMS WITH 6,939 ATTENDING AND CURATED APPROXIMATELY 50 EXHIBITS AND 52 TOURS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0319142
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt033132
IRS990/ProgSrvcAccomActy3Grp/Desc0HISTORIC PRESERVATION OF COLLECTIONS AND BUILDING: THE ATHENAEUM'S 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.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt039892
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt033164
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0969677
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0245787
IRS990/PYOtherExpensesAmt0391431
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt034244
IRS990/PYRevenuesLessExpensesAmt090087
IRS990/PYSalariesCompEmpBnftPaidAmt0763632
IRS990/PYTotalExpensesAmt01159621
IRS990/PYTotalProfFndrsngExpnsAmt04558
IRS990/PYTotalRevenueAmt01249708
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0641113
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0658702
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0968479
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0655749
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0470162
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0471636
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03224728
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0202749
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0242417
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0281572
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0320553
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0289658
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01336949
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0232393
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.70690
IRS990ScheduleA/PublicSupportPY170Pct00.67800

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
2017Detailed filing. Detailed filing data is available for this year.$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