Overview

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Est.

1983

Fiscal Year Start

Nov 1

Organization Type

Grantseeker

AI Summary

SAIL NEWPORT is a nonprofit organization dedicated to encouraging and promoting sailing events and educational programs within the water sports sector. With an operating budget of $3 million and total revenue of $2.8 million for the 2024 filing year, the organization is supported by various significant funders, none of which contribute over 50% of its revenue. More information about their initiatives can be found on their website, www.sailnewport.org.

Mission Statement

ENCOURAGING AND PROMOTING SAILING EVENTS AND EDUCATIONAL PROGRAMS
Revenues
$2.8M
Expenses
$3M
Net Income:
-$241.8K
Assets
$8.8M
Liabilities
$379.8K
Net Assets:
+$8.4M
Operating Budget
$3M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
28
Median grant size
$10K
Largest grant received
$130K
B
Brad Read
Board Member
S
Susan Daly
Board Member
D
Don Steiner
Board Member

Frequently Asked Questions

What is SAIL NEWPORT’s budget?
In 2024, SAIL NEWPORT reported an annual operating budget of around $3 million. More detailed financial information is available to registered users.
What causes does SAIL NEWPORT support?
SAIL NEWPORT supports work in Water sports.
Where does SAIL NEWPORT operate?
SAIL NEWPORT is headquartered in Newport, RI.
Who funded SAIL NEWPORT recently?
In 2025, SAIL NEWPORT received grants from Boston Foundation, Inc, Boston Foundation, Inc, and ERNST & ELFRIEDE FRANK FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant SAIL NEWPORT received in 2024?
The largest grant to SAIL NEWPORT in 2024 exceeds $130 thousand.
What is SAIL NEWPORT’s reliance on government grants?
SAIL NEWPORT relied on government grants for less than 5% of their total revenue in 2024.