EIN 22-2560625

Sail Newport

IRS 501(c) type
501(c)(3)
Num. employees
49
Year formed
1983
Most recent tax filings
2022-10-01
Description
Sail Newport promotes and operates affordable public sailing instruction and rental programs while creating opportunities to attract new sailors to the sport. They encourage and promote sailing events and educational programs, including youth sailing instruction in Newport, Rhode Island. Additionally, Sail Newport coordinates national and international yachting events.
Total revenues
$3,014,185
2022
Total expenses
$2,595,974
2022
Total assets
$8,009,967
2022
Num. employees
49
2022

Program areas at Sail Newport

Operation of a public sailing facility in Newport, rhode island.
Promotion and funding of youth sailing instruction in Newport, rhode island.
Promotion and coordinating of national and international yachting events.
Other instructional and educational programs.

Who funds Sail Newport

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Alletta Morris Mcbean Charitable TrustEndowment Support, Admiral's Pier and Youth Sailing Center Dock Replacement$200,000
Disosway FoundationCharitable$125,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$122,650
...and 29 more grants received totalling $880,188

Personnel at Sail Newport

NameTitleCompensation
Brad ReadExecutive Director$147,548
Kim CooperMarketing Director
Eve FormisanoDirector of Development
Kim HapgoodProgram Director
Nick EwensonRace Programs Director
...and 9 more key personnel

Financials for Sail Newport

RevenuesFYE 10/2022
Total grants, contributions, etc.$1,081,297
Program services$1,011,337
Investment income and dividends$38,288
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$583,954
Net gain from sale of non-inventory assets$121,336
Net income from fundraising events$153,270
Net income from gaming activities$0
Net income from sales of inventory$12,419
Miscellaneous revenues$12,284
Total revenues$3,014,185

Form 990s for Sail Newport

Fiscal year endingDate received by IRSFormPDF link
2022-102023-09-05990View PDF
2021-102022-03-16990View PDF
2021-102022-03-10990View PDF
2020-102021-09-10990View PDF
2019-102021-02-17990View PDF
...and 11 more Form 990s

Organizations like Sail Newport

OrganizationLocationRevenue
George Pocock Rowing FoundationSeattle, WA$2,812,752
Eagle Swim TeamReisterstown, MD$846,293
Three Rivers Rowing Association (TRRA)Pittsburgh, PA$882,837
United States Rowing AssociationPrinceton, NJ$14,308,722
Community Rowing Incorporated (CRI)Brighton, MA$6,722,803
Riversport FoundationOklahoma City, OK$8,351,381
High 5 (BSAC)Brandon, FL$3,347,821
Nantucket Community SailingNantucket, MA$1,702,390
Irvine Swim LeagueIrvine, CA$1,250,275
Chicago Training CenterChicago, IL$757,346
Data update history
August 21, 2023
Received grants
Identified 1 new grant, including a grant for $5,000 from The Act Foundation
June 26, 2023
Received grants
Identified 17 new grant, including a grant for $200,000 from Alletta Morris Mcbean Charitable Trust
June 9, 2023
Updated personnel
Identified 5 new personnel
May 11, 2023
Received grants
Identified 4 new grant, including a grant for $19,874 from The Chicago Community Trust
February 3, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Amateur sports clubsSports organizationsCharities
Issues
EducationHuman servicesSports
Characteristics
Fundraising eventsState / local levelReceives government fundingEndowed supportTax deductible donations
General information
Address
72 Fort Adams Dr
Newport, RI 02840
Metro area
Providence-Warwick, RI-MA
County
Newport County, RI
Website URL
sailnewport.org/ 
Phone
(401) 846-1983
IRS details
EIN
22-2560625
Fiscal year end
October
Taxreturn type
Form 990
Year formed
1983
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
N67: Swimming, Water Recreation
NAICS code, primary
713990: Amateur Sports, Youth Sports, and Recreational Services
Parent/child status
Independent
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