Logo for "RHODE ISLAND SCHOOL OF DESIGN"

RHODE ISLAND SCHOOL OF DESIGN

RHODE ISLAND SCHOOL OF DESIGN

Providence, RI, US
501(c)(3)
EIN
05-0258956
School
Logo for "RHODE ISLAND SCHOOL OF DESIGN"

RHODE ISLAND SCHOOL OF DESIGN

Providence, RI, US
501(c)(3)
EIN
05-0258956
School

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$223,500,826

Program Services
85%
Other
9%
Contributions
4%
Investments
2%
Government Grants
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$226,885,120

Salaries & Benefits
51%
Grants
16%
Offices, Occupancy & IT
11%
Depreciation
8%
Fees to Service Providers
7%
Other
5%
Interest
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$15,455,809
$9,774,338
-37%
Government Grants
$546,370
$199,636
-63%
Fundraising Events
$0
$0
-
Program Services
$187,784,480
$189,056,137
+1%
Membership Dues
$0
$0
-
Investments
$3,290,558
$4,050,804
+23%
Other
$21,728,679
$20,419,911
-6%
Total Revenues
$228,805,896
$223,500,826
-2%
Expenses
2023
2024
Change
Grants
$35,160,155
$36,404,794
+4%
Benefits to Members
$0
$0
-
Salaries & Benefits
$111,297,541
$116,508,801
+5%
Fees to Service Providers
$13,189,038
$14,850,750
+13%
Advertising & Promotion
$629,793
$526,147
-16%
Offices, Occupancy & IT
$27,789,543
$24,020,459
-14%
Interest
$5,425,028
$4,833,437
-11%
Depreciation
$15,520,215
$17,359,565
+12%
Other
$11,844,220
$12,381,167
+5%
Total Expenses
$220,855,533
$226,885,120
+3%
Net income
2023
2024
Change
Net income
+$7,950,363
-$3,384,294
-143%
Functional Expenses
Summary
2023
2024
Change
Program
$183,955,003
$176,326,800
-4%
Admin
$26,879,713
$40,454,612
+51%
Fundraising
$10,020,817
$10,103,708
+1%
Total Expenses
$220,855,533
$226,885,120
+3%
Income Statement
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