Skip to content

Rhode Island · Nonprofit

PRESERVE RHODE ISLAND

PRESERVE RHODE ISLAND (Rhode Island) receives grants from 33 organizations whose IRS filings report $8,685,410 to it, the largest being THE RHODE ISLAND COMMUNITY FOUNDATION ($3,633,630). 15 of them have funded it in more than one year, and 62% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$1.1M
Funders on record
33
Grants received
$8.7M
Net assets
$11M
15/33 repeat fundersgrants exceed reported revenue in one year
01What it does

What Preserve Rhode Island does

Mission

Preserve ri's vision is a future where historic preservation creates positive change, making our diverse cultures, the environment, and the economy better for the people who live, visit and work in rhode island. Preserve ri's mission is to protect and activate historic places for the benefit of all rhode islanders.

As stated on its FY2024 Form 990.

Programs

  1. Stewardship: preserve ri owns three properties, demonstrating the continuing contributions that historic buildings make today, placing them in active uses and undertaking maintenance and capital investments to keep them in good repair. Preserve ri now holds nine preservation easements on properties owned by others, and monitors building conditions to provide stewardship oversight. Preserve ri helps other nonprofit organizations take care of historic properties by offering stewardship services.

    $452,225 spent$19,700 earned by the program
    46% of program spending
  2. Direct preservation: preserve ri takes direct action to protect and enhance historic places through its revolving fund program, by acquiring easements, and by collaborating on special projects such as the aquidneck stonewall initiative and the scenic third beach project. In 2021 preserve ri took on its most ambitious revolving fund project to date at the c 1696 valentine whitman house in lincoln, ri.

    $366,350 spent$30,000 earned by the program
    37% of program spending
  3. Engage: preserve ri motivates people to connect with historic places and makes the case for safeguarding rhode island's historic places. Preserve ri is a leading voice for historic preservation, helping people preserve the places that matter to them through our community preservation response program. Preserve ri celebrates people and projects that exemplify the best of historic preservation. Museum programming at lippitt house museum connects diverse communities and while facilitating other preservation programs in collaboration with other groups.

    $173,171 spent$24,342 earned by the program
    17% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $991,746.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($1.1M) Expenses 100 ($1.0M) Net assets 100 ($11M)2019 Revenue -23 ($-249534) Expenses 102 ($1.1M) Net assets 100 ($11M)2020 Revenue 407 ($4.5M) Expenses 348 ($3.6M) Net assets 111 ($13M)2021 Revenue 113 ($1.2M) Expenses 179 ($1.9M) Net assets 115 ($13M)2022 Revenue 67 ($737k) Expenses 128 ($1.3M) Net assets 100 ($11M)2023 Revenue 94 ($1.0M) Expenses 110 ($1.1M) Net assets 92 ($10M)2024 Revenue 102 ($1.1M) Expenses 136 ($1.4M) Net assets 96 ($11M)
2018201920202021202220232024
Revenue (102)Expenses (136)Net assets (96)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $13M to $12M (−13%).

$12M
$12M
$13M
$13M
$12M
$11M
$11M
2018201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 6% · 2022 2% · 2023 5% · 2024 4%. Grants only. Government contracts and fees sit inside program revenue.

53% of PRESERVE RHODE ISLAND’s revenue is contributions — about as donation-reliant as the typical peer (63% for the typical peer).

This organization
Typical peer · 5,395 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 7 reported years ran a deficit.

$65k
’18
−$1.3M
’19
$881k
’20
−$615k
’21
−$589k
’22
−$111k
’23
−$292k
’24
8.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

2018201920202021202220232024
Listed20222323232627
Joined·+5+10+0+5+3+1
No longer listed·390500
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 6 funders to 10 funders, grant income rose $239k → $550k.

9 of 33 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 62% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of PRESERVE RHODE ISLAND’s funders (the co-funder graph). Top 30 of 33 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

PRESERVE RHODE ISLAND leans on a few funders — its largest provides 42% of grant income and the top three 71%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

63% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund PRESERVE RHODE ISLAND.

42%
largest funder
71%
top three
~4
effective funders

Largest funder’s share by year: 2017 67% · 2018 100% · 2019 51% · 2020 49% · 2021 33% · 2022 31% · 2023 31% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

45% of PRESERVE RHODE ISLAND's funders are still giving 3 years after their first grant; 45% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

62% of PRESERVE RHODE ISLAND's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $3.3M that is directly attributable, 96% of it comes from funders outside Rhode Island, across 10 states.

IL
NY
MA
PA
NJ
CT
RI
NC
DC
TX

In-state vs out-of-state, by year

’17
’19
’20
’21
’22
’23
Rhode Island out of state home

Funder states come from each funder’s own filing. $5.4M arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

PRESERVE RHODE ISLAND holds deeper cash reserves than three-quarters of the 5,136 arts & culture nonprofits its size.

Operating margin−26% · bottom quartile
Months of reserve8.5mo · top quartile
Revenue growth (annualized)0% · bottom quartile

this organization peer median middle 50% of peers· 5,136 arts & culture nonprofits $1M–$10M, FY2024

Government funding PRESERVE RHODE ISLAND receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $750k on record.

Federal$750k
grants $750kcontracts $0
Top agencies
  • Department of the Interior$750k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like PRESERVE RHODE ISLAND

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Rhode Island

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

70% of spending goes to programs.

Program 70%Management 15%Fundraising 15%

Governance

25
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

59%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for PRESERVE RHODE ISLAND: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds PRESERVE RHODE ISLAND?
PRESERVE RHODE ISLAND (Rhode Island) receives grants from 33 organizations whose IRS filings report $8,685,410 to it, the largest being THE RHODE ISLAND COMMUNITY FOUNDATION ($3,633,630). 15 of them have funded it in more than one year, and 62% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does PRESERVE RHODE ISLAND have?
IRS filings report 33 organizations giving $8,685,410 in grants to PRESERVE RHODE ISLAND, 15 of which have funded it in more than one year.
Who is the largest funder of PRESERVE RHODE ISLAND?
THE RHODE ISLAND COMMUNITY FOUNDATION is the largest funder on record, with $3,633,630 in grants. The full list of funders is on this page.
How can an organization like PRESERVE RHODE ISLAND find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Rhode Island. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Preserve Rhode Island →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 33 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing