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Filing year 2023

THE COMPANY OF THE REDWOOD LIBRARY AND ATHENAEUM

Newport, Rhode Island·EIN 05-0260678·501(c)(3)
Total revenue
$2.4M
Total assets
$28.7M
Total expenses
$2M
Reported officers
22
Mission

FOUNDED IN 1747 ON THE ENLIGHTENMENT IDEALS OF INTELLECTUAL PURSUIT AND CIVIC ENGAGEMENT, THE REDWOOD LIBRARY AND ATHENAEUM GENERATES KNOWLEDGE IN THE HUMANITIES FOR THE BENEFIT OF THE WIDEST POSSIBLE AUDIENCE WITH NOTHING IN VIEW BUT THE GOOD OF MANKIND".

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

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

Executive Director
Median to 75th percentile
$142k
$158k

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 21 unpaid individuals.

Up 12%
from 2022

From $126k in 2022 to $142k in 2023.

$126k
2022
$142k
2023
In today's dollarsEst.
Up 9% in real terms$146k to $158k

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 rose 12% from 2022 to 2023, while revenue fell 29%.

$126k in 2022 to $142k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Revenue and expenses over time

THE COMPANY OF THE REDWOOD LIBRARY AND ATHENAEUM reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.5M
$1.9M
2022
$2.4M
$2M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about THE COMPANY OF THE REDWOOD LIBRARY AND ATHENAEUM

What does the Chief Executive Officer of THE COMPANY OF THE REDWOOD LIBRARY AND ATHENAEUM earn?

In 2023, the Chief Executive Officer of THE COMPANY OF THE REDWOOD LIBRARY AND ATHENAEUM received $141,615 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE COMPANY OF THE REDWOOD LIBRARY AND ATHENAEUM compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at THE COMPANY OF THE REDWOOD LIBRARY AND ATHENAEUM falls between the median and the 75th percentile.

What are THE COMPANY OF THE REDWOOD LIBRARY AND ATHENAEUM's revenue and expenses?

In 2023, THE COMPANY OF THE REDWOOD LIBRARY AND ATHENAEUM reported $2.4M in total revenue and $2M in total expenses on its IRS Form 990.

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