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Filing year 2024

BELMONT CHAPEL FOUNDATION

Newport, Rhode Island·EIN 46-2494229·NTEE A02 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$262k
Total assets
$2.4M
Total expenses
$71k
Reported officers
5
Mission

PRESERVATION OF THE HISTORIC BELMONT CHAPEL, INCLUDING RESTORATION AND MAINTENANCE FOR SUSTAINABILITY INTO THE FUTURE. THE PRESERVATION PHASE WAS COMPLETED IN 2024, AND THE BOARD OF TRUSTEES VOTED IN DECEMBER 2024 TO DISSOLVE THIS ENTITY AND TRANSFER ITS ASSETS TO ANOTHER 501(c)(3) CHARITABLE ORGANIZATION. SEE SCHEDULE O (other). THE ACTUAL DISSOLUTION AND TRANSFER OF ASSETS DID NOT OCCUR UNTIL 2025.

Reported officers (all unpaid)

No paid executives reported in 2024. BELMONT CHAPEL FOUNDATION reported 5 unpaid officers and board members on its 990.

Trustee
Trustee
Trustee
President & Secretary
Treasurer

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Financial trend

Revenue and expenses over time

BELMONT CHAPEL FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$162k
$60k
2023
$262k
$71k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Arts, Culture & Humanities executives earn in Rhode Island

BELMONT CHAPEL FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable arts, culture & humanities organization in Rhode Island earns a median of $60,446.

25th percentile
$26k
Median
$60,446
75th percentile
$114k
90th percentile
$183k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 90 organizations across 90 filings (2022 – 2024).

See full Arts, Culture & Humanities pay data for Rhode Island
FAQ

Common questions about BELMONT CHAPEL FOUNDATION

What are BELMONT CHAPEL FOUNDATION's revenue and expenses?

In 2024, BELMONT CHAPEL FOUNDATION reported $262k in total revenue and $71k in total expenses on its IRS Form 990.

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