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Filing year 2024

NEWPORT RESTORATION FOUNDATION

Newport, Rhode Island·EIN 05-0317816·501(c)(3)
Total revenue
$4.6M
Total assets
$38.4M
Total expenses
$7.1M
Reported officers
10
Mission

NRF PROMOTES AND INVESTS IN THE HERITAGE OF THE NEWPORT COMMUNITY, THE TRADITIONAL BUILDING TRADES, AND DORIS DUKE'S FINE AND DECORATIVE ARTS AND COLLECTIONS, FOR THE ENJOYMENT, EDUCATION AND INSPIRATION TO ALL.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President/ Executive Director (to 8/24)
Above 90th percentile
$373k
$403k
Base
$300k
Bonus
Other
$49k
Benefits
$18k
Chief Operating Officer & Finance Director
75th to 90th percentile
$174k
$188k
Base
$152k
Bonus
$3k
Other
$730
Benefits
$12k
Director of Preservation
Highest Compensated Employee
25th percentile to median
$133k
$144k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Funded by

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

Down 5%
from 2023

From $393k in 2023 to $373k in 2024.

$393k
2023
$373k
2024
In today's dollarsEst.
Down 8% in real terms$439k to $403k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 5% from 2023 to 2024, while revenue fell 31%.

$393k in 2023 to $373k in 2024.
  • Highest Compensated Employee pay rose 9% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

NEWPORT RESTORATION FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$6.6M
$6.6M
2023
$4.6M
$7.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NEWPORT RESTORATION FOUNDATION

What does the Chief Executive Officer of NEWPORT RESTORATION FOUNDATION earn?

In 2024, the Chief Executive Officer of NEWPORT RESTORATION FOUNDATION received $373,302 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NEWPORT RESTORATION FOUNDATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at NEWPORT RESTORATION FOUNDATION falls in the top 10%.

What are NEWPORT RESTORATION FOUNDATION's revenue and expenses?

In 2024, NEWPORT RESTORATION FOUNDATION reported $4.6M in total revenue and $7.1M in total expenses on its IRS Form 990.

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