65
Fort Adams Trust Inc
Arts & Culture · Newport, Rhode Island
90 Fort Adams Dr, Newport, RI 02840-4388
EIN: 050475756· Founded: Mar 1995· 31 years active· Filing Year: 2023
Annual Revenue
$1.2M
Total Expenses
$1.1M
Total Assets
$1.6M
Program Spending
54%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$57K
5.0% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$387K
Total Payroll
$444K
39% of total expenses
Where the Money Goes
54%
Programs: 54%
Payroll: 39%
Other overhead: 46%
Program Revenue$607K (53%)
Total Expenses$1.1M (98%)
Payroll$444K (39%)
Overhead (non-program)46%
Trust Score Breakdown
Program Spending Ratio
54% of expenses go to programs
Revenue & Stability
$1.2M annual revenue
Executive Compensation
$57K total officer comp (5.0% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$1.6M in assets
Similar Arts & Culture Nonprofits in Rhode Island
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.