NEWPORT FESTIVALS FOUNDATION INC

NEWPORT FESTIVALS FOUNDATION INC

MANCHESTERBYTHESEA, MA, US
501(c)(3)
EIN
27-4099544

NEWPORT FESTIVALS FOUNDATION INC

MANCHESTERBYTHESEA, MA, US
501(c)(3)
EIN
27-4099544

Overview

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Est.

2010

Fiscal Year Start

Oct 1

Organization Type

Grantseeker

AI Summary

The Newport Festivals Foundation Inc, with EIN 27-4099544, is dedicated to preserving the Newport Jazz Festival and Newport Folk Festival, focusing on the music cause area. For the 2024 filing year, the organization operates with a budget of $11.9 million and reported total revenue of $12.5 million, supported by multiple significant funders, none of which provide 50% or more of its revenue. More information can be found on their website at www.newportfestivalsfoundation.org.

Mission Statement

TO MAINTAIN THE NEWPORT JAZZ FESTIVAL AND NEWPORT FOLK FESTIVAL.
Revenues

$12.5M

Expenses

$11.9M

Net Income:
+$626.4K
Assets

$26.7M

Liabilities

$1.9M

Net Assets:
+$24.7M
Operating Budget

$11.9M

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

27

Median grant size
$25K
Largest grant received
$170.8K
A
Albert Jay Sweet
Board Member
V
Vikas Kapoor
Board Member
W
William Vareika
Board Member

Frequently Asked Questions

What is NEWPORT FESTIVALS FOUNDATION INC’s budget?
In 2024, NEWPORT FESTIVALS FOUNDATION INC reported an annual operating budget of around $11.9 million. More detailed financial information is available to registered users.
What causes does NEWPORT FESTIVALS FOUNDATION INC support?
NEWPORT FESTIVALS FOUNDATION INC supports work in Music.
Where does NEWPORT FESTIVALS FOUNDATION INC operate?
NEWPORT FESTIVALS FOUNDATION INC is headquartered in MANCHESTERBYTHESEA, MA.
Who funded NEWPORT FESTIVALS FOUNDATION INC recently?
In 2025, NEWPORT FESTIVALS FOUNDATION INC received grants from AMERICAN ONLINE GIVING FOUNDATION INC, FIDELITY INVESTMENTS CHARITABLE GIFT FUND, and DONOR ADVISED CHARITABLE GIVING INC. More information on this organization’s funders is available to registered users.
What is the largest grant NEWPORT FESTIVALS FOUNDATION INC received in 2024?
The largest grant to NEWPORT FESTIVALS FOUNDATION INC in 2024 exceeds $171 thousand.
Overview
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