Civic Intelligence

Preserve Rhode Island

990 • Fiscal year 2022 • EIN 05-6012417

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 07, 2023

Organization ProfileWWW.PRESERVERI.ORG

View Organization Page

957 North Main StreetProvidence, RI 02904

(401) 272-5101

Siviq Scores

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

Liabilities / Assets

25th percentile

0.03x

Higher debt load relative to assets than 25% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

69th percentile

0.52x

Higher debt load relative to revenue than 69% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

4th percentile

-80%

Higher net margin than 4% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

23rd percentile

$102,625

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 13.9% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

14th percentile

-13%

Faster asset growth than 14% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

9th percentile

-41%

Faster revenue growth than 9% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets25th percentile

Assets

Down

$11,732,452

Down $1,708,469 (-13%) from 2021

Net Assets

Down

$11,345,413

Down $1,695,697 (-13%) from 2021

Liabilities

Down

$387,039

Down $12,772 (-3.2%) from 2021

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin4th percentile

Revenue

Down

$737,487

Down $503,180 (-41%) from 2021

Expenses

Down

$1,326,617

Down $529,089 (-29%) from 2021

Net Income

Up

-$589,130

Up $25,909 (+4.2%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$15M$10M$5.0M$0Assets 2011: $9,939,365Liabilities 2011: $326,784Net Assets 2011: $9,612,5812011Assets 2012: $10,238,810Liabilities 2012: $336,940Net Assets 2012: $9,901,8702012Assets 2013: $10,989,040Liabilities 2013: $384,418Net Assets 2013: $10,604,6222013Assets 2014: $11,031,329Liabilities 2014: $326,173Net Assets 2014: $10,705,1562014Assets 2015: $10,727,833Liabilities 2015: $342,510Net Assets 2015: $10,385,3232015Assets 2016: $10,878,041Liabilities 2016: $438,039Net Assets 2016: $10,440,0022016Assets 2017: $12,033,249Liabilities 2017: $415,057Net Assets 2017: $11,618,1922017Assets 2018: $11,822,020Liabilities 2018: $464,114Net Assets 2018: $11,357,9062018Assets 2019: $11,732,034Liabilities 2019: $428,833Net Assets 2019: $11,303,2012019Assets 2020: $13,128,578Liabilities 2020: $475,325Net Assets 2020: $12,653,2532020Assets 2021: $13,440,921Liabilities 2021: $399,811Net Assets 2021: $13,041,1102021Assets 2022: $11,732,452Liabilities 2022: $387,039Net Assets 2022: $11,345,4132022Assets 2023: $10,878,639Liabilities 2023: $413,294Net Assets 2023: $10,465,3452023Assets 2024: $11,373,230Liabilities 2024: $483,238Net Assets 2024: $10,889,9922024

Highlighted filing

2022

Assets$11,732,452
Liabilities$387,039
Net Assets$11,345,413
Open 2022 Filing

Operations Trend

Revenue Growth9th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $602,113Expenses 2011: $545,024Net Income 2011: $57,0892011Revenue 2012: $940,465Expenses 2012: $790,698Net Income 2012: $149,7672012Revenue 2013: $910,143Expenses 2013: $623,595Net Income 2013: $286,5482013Revenue 2014: $615,426Expenses 2014: $699,345Net Income 2014: -$83,9192014Revenue 2015: $665,499Expenses 2015: $895,905Net Income 2015: -$230,4062015Revenue 2016: $572,487Expenses 2016: $953,579Net Income 2016: -$381,0922016Revenue 2017: $1,099,983Expenses 2017: $852,397Net Income 2017: $247,5862017Revenue 2018: $1,101,197Expenses 2018: $1,035,774Net Income 2018: $65,4232018Revenue 2019: -$249,534Expenses 2019: $1,060,189Net Income 2019: -$1,309,7232019Revenue 2020: $4,482,092Expenses 2020: $3,601,078Net Income 2020: $881,0142020Revenue 2021: $1,240,667Expenses 2021: $1,855,706Net Income 2021: -$615,0392021Revenue 2022: $737,487Expenses 2022: $1,326,617Net Income 2022: -$589,1302022Revenue 2023: $1,029,621Expenses 2023: $1,140,513Net Income 2023: -$110,8922023Revenue 2024: $1,121,411Expenses 2024: $1,413,230Net Income 2024: -$291,8192024

Highlighted filing

2022

Revenue$737,487
Expenses$1,326,617
Net Income-$589,130
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 7, 2023
Return Version
2022v5.0
Gross Receipts
$1,302,051
Mission and Program Overview

Mission

Preserve ri's vision is a future where historic preservation creates positive change, making our diverse cultures, the environment, and the economy better for the people who live, visit and work in rhode island. Preserve ri's mission is to protect and activate historic places for the benefit of all rhode islanders.

To protect historic structures and unique places in ri for current and future generations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,738,340$5,716,321▼ $1,022,019
Land, Buildings, and Equipment, Net$3,646,670$3,397,149▼ $249,521
Investments Other Securities$1,863,675$1,493,976▼ $369,699
Cash and Non-Interest-Bearing Accounts$268,540$570,382▲ $301,842
Savings and Temporary Cash Investments$778,902$511,552▼ $267,350
Accounts Receivable$130,897$28,537▼ $102,360
Prepaid Expenses and Deferred Charges$13,897$14,535▲ $638
Total Assets$13,440,921$11,732,452▼ $1,708,469
Liabilities
Mortgage Notes Payable Secured by Investment Property$188,344$169,108▼ $19,236
Other Liabilities$159,645$165,516▲ $5,871
Accounts Payable and Accrued Expenses$51,822$52,415▲ $593
Total Liabilities$399,811$387,039▼ $12,772
Net Assets / Fund Balance
Net Assets With Donor Restrictions$9,892,426$8,281,481▼ $1,610,945
Net Assets Without Donor Restrictions$3,148,684$3,063,932▼ $84,752
Total Net Assets Fund Balance$13,041,110$11,345,413▼ $1,695,697
Total Liabilities and Net Assets / Fund Balance$13,440,921$11,732,452▼ $1,708,469

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,935,739$461,945$2,397,684
Buildings$1,189,554$417,203$716,258
Other Land Buildings$200,261-$200,261
Land$63,606-$63,606
Equipment$7,989$28,670$32,429
Other Securities$1,493,976--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$8,602,015$66,500▼ $1,128,494$329,724$7,210,297
2021$7,754,805$15,000▲ $1,147,474$315,264$8,602,015
2020$7,493,710$7,835▲ $566,109$312,849$7,754,805
2019$6,518,179$139,265▲ $1,258,810$422,544$7,493,710
2018$6,862,743$273,033▼ $326,141$291,456$6,518,179
Compensation and Service Providers
Top Officer Pay23rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Valerie TalmageExecutive DirectorFT$96,685$5,940$102,625

Board Members and Trustees

NameTitle
Elizabeth GoddardCo Chairperson
John WoolseyCo Chairperson
William W KenyonCo Chairperson and Secretary
Abigail Campbell-kingTrustee
Amy OakleyTrustee
Amy SonderTrustee
Brett N PelletierTrustee
Christopher G PonderTrustee
David AbbottTrustee
Erica LukeTrustee
James Michael AbbottTrustee
Jennifer SuellentropTrustee
Jerry W Dauterive PhdTrustee
Kathleen a Ryan EsqTrustee
Kimberly Smith BarnettTrustee
Kristen a Carron EsqTrustee
Michael SherryTrustee
Rebecca J BertrandTrustee
Rosalind WeirTrustee
Sheila BrushTrustee
Theresa Guzman StokesTrustee
Kristin DekuiperTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$503,623
Program Service Revenue
$110,152
Investment Income
$50,620
Other Revenue
$73,092
All Other Contributions
$408,804
Change in Net Assets
$-589,130

Audited Revenue Reconciliation

Revenue per Audited Statements
$664,940
Revenue Not Reported on Financial Statements
$72,547
Revenue Not Reported on Form 990
$-1,026,662
Total Revenue per Audited Statements
$-361,722
Total Revenue per Form 990
$737,487
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$793,318
Salaries, Compensation, and Employee Benefits$533,299
Total Fundraising Expense$202,701
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$221,912$4,324$135,011$361,247
Current Officers, Directors, Trustees, and Key Employees$51,313$30,788$20,525$102,626
Occupancy$71,803$686$2,963$75,452
Fees for Service Investment Mgmnt Fees-$72,547-$72,547
Fees for Services Other$64,891$380$3,177$68,448
Depreciation Depletion$57,029--$57,029
Insurance$38,048$4,761$1,431$44,240
Fees for Services Accounting-$43,920-$43,920
Payroll Taxes$22,111$2,678$12,368$37,157
Office Expenses$19,622$3,025$9,345$31,992
Other Employee Benefits$17,125-$7,070$24,195
Information Technology$6,646$354$6,765$13,765
Other Expenses$7,953$36$141$8,130
Pension Plan Contributions$4,498$80$3,496$8,074
Travel$2,167$56$259$2,482
Fees for Services Legal$2,350--$2,350
Advertising$1,640-$150$1,790
Conferences and Meetings$1,233--$1,233
Interest$1,192--$1,192
Total Functional Expenses$960,281$163,635$202,701$1,326,617

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,333,975
Total Expenses per Form 990$1,326,617
Expenses per Audited Statements$1,254,070
Expenses Not Reported on Form 990$79,905
Expenses Not Reported on Financial Statements$72,547
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$26,571
Fundraising Gross Income$26,571
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Preservation Celebration$77,900$22,595$16,701$5,894
Lippitt Spring Event$14,457$3,976$1,443$2,533
Total Events$92,357$26,571$26,571$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held for Others$156,766
Deposits Payable$8,750
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Members of the executive committee are given the opportunity to review the draft form. Following the executive committee review, each trustee received a copy of the proposed 990 prior to filing with the irs, either electronically or by fax or by mail, and are asked to submit any comments to the executive director, who coordinated with the treasurer in preparing the final version.”

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

“Preserve ri has adopted conflict of interest policy which cover all trustees and staff. Copies of this written policy are included in the "trustees handbook and the "personnel policy manual" which is delivered to each trustee and staff when they first come to preserve ri. Occasionally board members report a conflict of interest and recuse themselves from the deliberations and decisions, as is required by the policy.”

Form 990, Part VI, Section B, Line 15

“Pri's top management official, the executive director, was hired from outside the organization in fall of 2007. In setting the compensation for the new executive director, the trustees, through its search committee, reviewed survey information available from abbott, langer association surveys of pay rates in nonprofit organizations, from the new england museum association and in conversation with the staff from the northeast office of the national trust for historic preservation, became familiar with comparable salaries at similar preservation organizations. The compensation of the executor director was approved by the executive committee, fully authorized to act for the board of trustees and documented in its minutes.”

Form 990, Part VI, Section C, Line 19

“Preserve ri posts copies of its financial statements and form 990 on its website, www.preserveri.org . Preserve ri considers each request to disclose its governing documents including its conflict of interest policy and its by-laws on a case by case basis.”

Filing and Contact Details

Filer

Filer Name
Preserve Rhode Island
EIN
05-6012417
Phone
4012725101
Address
957 NORTH MAIN STREET, PROVIDENCE, RI 02904

Signing Officer

Name
Valerie Talmage
Title
Executive Director
Phone
4012725101
Signed
2023-11-07

Organization Details

Principal Officer
Valerie Talmage
Formed
1956
Legal Domicile
Ri
Voting Board Members
22
Independent Board Members
22
Employees
10
Volunteers
0

Preparer

Firm
Campana Sarza & Tatewosian Llp
Address
300 METRO CENTER BLVD STE 225, WARWICK, RI 02886
Preparer
William Tatewosian
Phone
4017737873
Supplemental Narrative

Financial Statement Notes

PART III, LINE 4:

“Preserve rhode island maintains a collection of historical and art objects associated with the governor henry lippitt house museum. Most of the collection are objects directly related to historical occupants of the house; a few items are appropriate to the victorian time period. Preserve rhode island uses the collection to interpret the site's significance and history: the material culture tells interesting stories about the past, particulary about daily life in a victorian mansion.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Rental expenses netted with form 990 revenue 53,334. Special events expenses netted with form 990 revenue 26,571.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Rental expenses netted with form 990 revenue 53,334. Special events expenses netted with form 990 revenue 26,571.”

Part II - Line 5 - Conservation Easements

“In accepting the donation of an easement, pri is taking on a permanent responsibility to monitor and enforce the terms. Pri has established an easement stewardship fund that pools cash donations received in connection with all easements. Income from this fund supports pri's annual costs to monitor easements. The fund can be tapped for purposes of legal defense and enforcement. Each easement describes an inspection schedule including how and when pri will monitor the property. When the easement is recorded, pri and the owner attest that a "baseline documentation report" that accurately describes the current conditions of the property. Pri meets on site with the owner on at least annual basis to assure compliance with the terms of the easement, referring to the baseline documentation report to assess changes and alterations. During the visit, pri inspects the property, and discusses site and historic building conditions, and conservation and preservation concerns along with future plans for the property. When major rehabilitation is underway, pri may conduct more frequent inspections. To the greatest extent possible, pri acts as a resource for the property owner, offering technical support, referrals, and general historic preservation guidance to assist owners to keep their historic and conservation property in good condition into the future. If it is found that the terms of the easement have been violated, the easement document lays out the necessary steps for corrective action.”

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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/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt225940
IRS990/Form990PartVIISectionAGrp/PersonNm0SHEILA BRUSH
IRS990/Form990PartVIISectionAGrp/PersonNm1KRISTIN DEKUIPER
IRS990/Form990PartVIISectionAGrp/PersonNm2WILLIAM W KENYON
IRS990/Form990PartVIISectionAGrp/PersonNm3ELIZABETH GODDARD
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHAEL SHERRY
IRS990/Form990PartVIISectionAGrp/PersonNm5THERESA GUZMAN STOKES
IRS990/Form990PartVIISectionAGrp/PersonNm6ROSALIND WEIR
IRS990/Form990PartVIISectionAGrp/PersonNm7JOHN WOOLSEY
IRS990/Form990PartVIISectionAGrp/PersonNm8REBECCA J BERTRAND
IRS990/Form990PartVIISectionAGrp/PersonNm9ABIGAIL CAMPBELL-KING
IRS990/Form990PartVIISectionAGrp/PersonNm10KRISTEN A CARRON ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm11JERRY W DAUTERIVE PHD
IRS990/Form990PartVIISectionAGrp/PersonNm12AMY OAKLEY
IRS990/Form990PartVIISectionAGrp/PersonNm13BRETT N PELLETIER
IRS990/Form990PartVIISectionAGrp/PersonNm14CHRISTOPHER G PONDER
IRS990/Form990PartVIISectionAGrp/PersonNm15KATHLEEN A RYAN ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm16AMY SONDER
IRS990/Form990PartVIISectionAGrp/PersonNm17KIMBERLY SMITH BARNETT
IRS990/Form990PartVIISectionAGrp/PersonNm18ERICA LUKE
IRS990/Form990PartVIISectionAGrp/PersonNm19JENNIFER SUELLENTROP
IRS990/Form990PartVIISectionAGrp/PersonNm20JAMES MICHAEL ABBOTT
IRS990/Form990PartVIISectionAGrp/PersonNm21DAVID ABBOTT
IRS990/Form990PartVIISectionAGrp/PersonNm22VALERIE TALMAGE
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/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2296685
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/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CO CHAIRPERSON AND SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3CO CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7CO CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01956
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt065786
IRS990/FundraisingDirectExpensesAmt026571
IRS990/FundraisingGrossIncomeAmt026571
IRS990/GainOrLossGrp/SecuritiesAmt0-101112
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt022
IRS990/GovernmentGrantsAmt017500
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0383547
IRS990/GrossReceiptsAmt01302051
IRS990/GrossRentsGrp/RealAmt0124775
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt022
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt06765
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0354
IRS990/InformationTechnologyGrp/ProgramServicesAmt06646
IRS990/InformationTechnologyGrp/TotalAmt013765
IRS990/InsuranceGrp/FundraisingAmt01431
IRS990/InsuranceGrp/ManagementAndGeneralAmt04761
IRS990/InsuranceGrp/ProgramServicesAmt038048
IRS990/InsuranceGrp/TotalAmt044240
IRS990/InterestGrp/ProgramServicesAmt01192
IRS990/InterestGrp/TotalAmt01192
IRS990/InvestmentIncomeGrp/ExclusionAmt0151732
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0151732
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01863675
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01493976
IRS990/InvestmentsPubTradedSecGrp/BOYAmt06738340
IRS990/InvestmentsPubTradedSecGrp/EOYAmt05716321
IRS990/IRPDocumentCnt021
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0907818
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03646670
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03397149
IRS990/LandBldgEquipCostOrOtherBssAmt04304967
IRS990/LegalDomicileStateCd0RI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0484659
IRS990/LessRentalExpensesGrp/RealAmt053334
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt011533
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PRESERVE RI'S VISION IS A FUTURE WHERE HISTORIC PRESERVATION CREATES POSITIVE CHANGE, MAKING OUR DIVERSE CULTURES, THE ENVIRONMENT, AND THE ECONOMY BETTER FOR THE PEOPLE WHO LIVE, VISIT AND WORK IN RHODE ISLAND. PRESERVE RI'S MISSION IS TO PROTECT AND ACTIVATE HISTORIC PLACES FOR THE BENEFIT OF ALL RHODE ISLANDERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0188344
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0169108
IRS990/NetAssetsOrFundBalancesBOYAmt013041110
IRS990/NetAssetsOrFundBalancesEOYAmt011345413
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-101112
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-101112
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt071975
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt071441
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-534
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-1106567
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03148684
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03063932
IRS990/NoncashContributionsAmt022690
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt02963
IRS990/OccupancyGrp/ManagementAndGeneralAmt0686
IRS990/OccupancyGrp/ProgramServicesAmt071803
IRS990/OccupancyGrp/TotalAmt075452
IRS990/OfficeExpensesGrp/FundraisingAmt09345
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03025
IRS990/OfficeExpensesGrp/ProgramServicesAmt019622
IRS990/OfficeExpensesGrp/TotalAmt031992
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt07070
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt017125
IRS990/OtherEmployeeBenefitsGrp/TotalAmt024195
IRS990/OtherExpensesGrp/Desc0TRANSFERS TO OTHER ORGA
IRS990/OtherExpensesGrp/Desc1IMPROVEMENT PROGRAMS
IRS990/OtherExpensesGrp/Desc2EASEMENT ACQUISITION
IRS990/OtherExpensesGrp/Desc3OTHER EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt0141
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt036
IRS990/OtherExpensesGrp/ProgramServicesAmt0267438
IRS990/OtherExpensesGrp/ProgramServicesAmt176310
IRS990/OtherExpensesGrp/ProgramServicesAmt225000
IRS990/OtherExpensesGrp/ProgramServicesAmt37953
IRS990/OtherExpensesGrp/TotalAmt0267438
IRS990/OtherExpensesGrp/TotalAmt176310
IRS990/OtherExpensesGrp/TotalAmt225000
IRS990/OtherExpensesGrp/TotalAmt38130
IRS990/OtherLiabilitiesGrp/BOYAmt0159645
IRS990/OtherLiabilitiesGrp/EOYAmt0165516
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt01651
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01651
IRS990/OtherRevenueTotalAmt01651
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0135011
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt04324
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0221912
IRS990/OtherSalariesAndWagesGrp/TotalAmt0361247
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt012368
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02678
IRS990/PayrollTaxesGrp/ProgramServicesAmt022111
IRS990/PayrollTaxesGrp/TotalAmt037157
IRS990/PensionPlanContributionsGrp/FundraisingAmt03496
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt080
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04498
IRS990/PensionPlanContributionsGrp/TotalAmt08074
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013897
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014535
IRS990/PrincipalOfficerNm0VALERIE TALMAGE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0ADMISSIONS AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0110152
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0110152
IRS990/ProgSrvcAccomActy2Grp/Desc0DIRECT PRESERVATION: PRESERVE RI TAKES DIRECT ACTION TO PROTECT AND ENHANCE HISTORIC PLACES THROUGH ITS REVOLVING FUND PROGRAM, BY ACQUIRING EASEMENTS, AND BY COLLABORATING ON SPECIAL PROJECTS SUCH AS THE AQUIDNECK STONEWALL INITIATIVE AND THE SCENIC THIRD BEACH PROJECT. IN 2021 PRESERVE RI TOOK ON ITS MOST AMBITIOUS REVOLVING FUND PROJECT TO DATE AT THE C 1696 VALENTINE WHITMAN HOUSE IN LINCOLN, RI.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0518892
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt090536

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,732,452
Liabilities
$387,039
Net assets
$11,345,413
Revenue
$737,487
Expenses
$1,326,617
Net income
-$589,130
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.4$0.48$10.9$1.12$1.41$0.29
2023Detailed filing. Detailed filing data is available for this year.$10.9$0.41$10.5$1.03$1.14$0.11
2022Detailed filing. Detailed filing data is available for this year.$11.7$0.39$11.3$0.74$1.33$0.59
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.4$0.40$13.0$1.24$1.86$0.62
2020Detailed filing. Detailed filing data is available for this year.$13.1$0.48$12.7$4.48$3.60$0.88
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.7$0.43$11.3$0.25$1.06$1.31
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.8$0.46$11.4$1.10$1.04$0.07
2017Summary only. Only limited summary data is available for this year.$12.0$0.42$11.6$1.10$0.85$0.25
2016Summary only. Only limited summary data is available for this year.$10.9$0.44$10.4$0.57$0.95$0.38
2015Summary only. Only limited summary data is available for this year.$10.7$0.34$10.4$0.67$0.90$0.23
2014Summary only. Only limited summary data is available for this year.$11.0$0.33$10.7$0.62$0.70$0.08
2013Summary only. Only limited summary data is available for this year.$11.0$0.38$10.6$0.91$0.62$0.29
2012Summary only. Only limited summary data is available for this year.$10.2$0.34$9.90$0.94$0.79$0.15
2011Summary only. Only limited summary data is available for this year.$9.94$0.33$9.61$0.60$0.55$0.06