Civic Intelligence

Rhode Island Computer Museum Inc.

990 • Fiscal year 2024 • EIN 05-0493695

Feb 28, 2023 to Feb 27, 2024 • Filed on May 08, 2024

Organization Profilewww.ricomputermuseum.org
1755 Bald Hill RoadWarwick, RI 02886-4266

(401) 741-6997

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$235,579

Up $50,147 (+27%) from 2022

Net Assets

Up

$235,579

Up $80,647 (+52%) from 2022

Liabilities

Down

$0

Down $30,500 (-100%) from 2022

Revenue And Expenses

Revenue

Up

$219,076

Up $141,916 (+184%) from 2022

Expenses

Up

$165,944

Up $91,603 (+123%) from 2022

Net Income

Up

$53,132

Up $50,313 (+1785%) from 2022

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2018: $55,479Liabilities 2018: $02018Assets 2019: $116,051Liabilities 2019: $02019Assets 2020: $122,908Liabilities 2020: $02020Assets 2021: $157,164Liabilities 2021: $30,5002021Assets 2022: $185,432Liabilities 2022: $30,500Net Assets 2022: $154,9322022Assets 2024: $235,579Liabilities 2024: $0Net Assets 2024: $235,5792024Assets 2024: $592,631Liabilities 2024: $0Net Assets 2024: $592,6312024Assets 2025: $684,280Liabilities 2025: $0Net Assets 2025: $684,2802025

Highlighted filing

2024

Assets$235,579
Liabilities$0
Net Assets$235,579
Open 2024 Filing

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2018: $115,172Expenses 2018: $54,600Net Income 2018: $60,5722018Revenue 2019: $107,545Expenses 2019: $94,433Net Income 2019: $13,1122019Revenue 2020: $63,735Expenses 2020: $69,990Net Income 2020: -$6,2552020Revenue 2021: $104,277Expenses 2021: $70,021Net Income 2021: $34,2562021Revenue 2022: $77,160Expenses 2022: $74,341Net Income 2022: $2,8192022Revenue 2024: $219,076Expenses 2024: $165,944Net Income 2024: $53,1322024Revenue 2024: $471,963Expenses 2024: $114,911Net Income 2024: $357,0522024Revenue 2025: $238,693Expenses 2025: $153,871Net Income 2025: $84,8222025

Highlighted filing

2024

Revenue$219,076
Expenses$165,944
Net Income$53,132
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Feb 28, 2023 to Feb 27, 2024
Signed
May 8, 2024
Return Version
2023v5.0
Gross Receipts
$219,076
Mission and Program Overview

Mission

Our Mission is to inspire young people for the future workforce by saving old and new technology. The Rhode Island Computer Museum RICM is a nonprofit 501c3 organization established in 1999 in Rhode Island to preserve our rich vintage computer history and offer a glimpse of the past. RICMs mission statement is procuring and preservingitems that relate to computer science and its history; disseminating knowledge and encouraging research in computer science by means of visits lectures discussions and publications. Inspiring young people for the future workforce by saving old and new technology.

Our Mission is to inspire young people for the future workforce by saving old and new technology. The Rhode Island Computer Museum RICM is a nonprofit 501c3 organization established in 1999 in Rhode Island to preserve our rich vintage computer history and offer a glimpse of the past. RICM's mission statement is procuring and preserving items that relate to computer science and its history; disseminating knowledge and encouraging research in computer science by means of visits lectures discussions and publications. Inspiring young people for the future workforce by saving old and new technology.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$182,042$235,579▲ $53,537
Cap Stk Tr Prin Current Funds$182,042$235,579▲ $53,537
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$182,042$235,579▲ $53,537
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$182,042$235,579▲ $53,537
Total Liabilities and Net Assets / Fund Balance$182,042$235,579▲ $53,537
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ronald FraserPresident
Russell GoodmanVice President
-Director
Donald StanfordDirector
Jared FalconDirector
Michael ThompsonDirector
Read FlemingDirector
John ManockSecretary
Daniel J BermanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$178,757
Program Service Revenue
$0
Investment Income
$3,423
Other Revenue
$36,896
All Other Contributions
$178,757
Change in Net Assets
$53,132
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$164,744
Grants and Similar Amounts Paid$1,200
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$43,378$0$0$43,378
Fees for Services Other$23,165$0$0$23,165
All Other Expenses$3,948$0$0$3,948
Advertising$3,003$0$0$3,003
Office Expenses$2,685$0$0$2,685
Information Technology$1,694$0$0$1,694
Payments to Affiliates$1,692$0$0$1,692
Grants to Domestic Individuals$1,200--$1,200
Fees for Services Accounting$794$0$0$794
Insurance$760$0$0$760
Travel$446$0$0$446
Fees for Services Legal$10$0$0$10
Total Functional Expenses$165,944$0$0$165,944
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 12C

“We discuss and update our policies at each board meeting during the year.”

Part VI, Line 19

“RICM Uses GuideStar for look up of our nonprofit and access the most complete data available.”

Part VIII General

“| Explanation:| Interest bearing savings account $106,192”

Filing and Contact Details

Filer

Filer Name
Rhode Island Computer Museum Inc
EIN
05-0493695
In Care Of
% Daniel John Berman
Phone
4017416997
Address
1755 Bald Hill Road, Warwick, RI 02886-4266

Signing Officer

Name
Daniel J Berman
Title
Director
Signed
2024-05-08

Organization Details

Formed
1999
Legal Domicile
Ri
Voting Board Members
9
Independent Board Members
0
Employees
0
Volunteers
20
Supplemental Narrative

Additional Explanations

Part III, Line 4D

“| Description:, Expense Amount:, Grants Amount:, Revenue Amount:| expenses: Category: Accounting Advertising Office Operations & Legal Fees $8,364 Contract Services $23,165 ; Equipment Lease or Rental $415 ; Food & Travel $1,230 ; Greenpower Project $26,364.39; Contract Services $23,165; Insurance Property $760 ; New Technology Equipment $1,106; Rent Expense $40,838; Repairs & Maintenance $1,698 ; RIMOSA $2,182.29; Stipend $1,200 ; Uncategorized Expense $2,362.42; Utilities; Postage $1181.05; Office Supplies $984.16, $98432, $0, $98432|”

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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/Desc0EDUCATION - COMPREHENSIVE PROF. DEVELOPMENT AND PROVIDED VIRTUAL WORKSHOPS IN RI MA and CT. RICM and BlocksCAD signed a partnership agreement. It will provide STEM education workshops for children ages 10-14. The goal of this component is to teach children the basics of computer assisted design CAD with an easy-to-use blocks-based programming interface. RICM also signed a partnership agreement for Fabrication Festival. Due to the impact of COVID the Internet is a lifeline for more people than ever. Many older adults who do not have strong technology skills will need assistance to perform necessary activities online. Our goal is to assist older adults who need help with technology issues.
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Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$235,579
Liabilities
$0
Net assets
$235,579
Revenue
$219,076
Expenses
$165,944
Net income
$53,132
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.84$0.00$6.84$2.39$1.54$0.85
2024Detailed filing. Detailed filing data is available for this year.$5.93$0.00$5.93$4.72$1.15$3.57
2024Detailed filing. Detailed filing data is available for this year.$2.36$0.00$2.36$2.19$1.66$0.53
2022Detailed filing. Detailed filing data is available for this year.$1.85$0.31$1.55$0.77$0.74$0.03
2021Summary only. Only limited summary data is available for this year.$1.57$0.31$1.04$0.70$0.34
2020Summary only. Only limited summary data is available for this year.$1.23$0.00$0.64$0.70$0.06
2019Summary only. Only limited summary data is available for this year.$1.16$0.00$1.08$0.94$0.13
2018Summary only. Only limited summary data is available for this year.$0.55$0.00$1.15$0.55$0.61