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Rhode Island · Nonprofit

Trinity Repertory Company

Trinity Repertory Company (Rhode Island) receives grants from 67 organizations whose IRS filings report $6,934,953 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($2,212,350). 45 of them have funded it in more than one year.

Revenue FY2025
$14M
Funders on record
67
Grants received
$6.9M
Net assets
$22M
45/67 repeat funderspeak grant-dependency 10%
01What it does

What Trinity Repertory Company does

Mission

To reinvent the public square with dramatic art that stimulates, educates and engages our diverse community in a continuing dialogue through stage productions, a resident acting company, graduate training programs, lifelong learning and k-12 education programs.

As stated on its FY2025 Form 990.

Programs

  1. During the 2024-25 year, Trinity Repertory Company, the State Theater of Rhode Island, produced a six-play season. The season opened in September 2024 with two productions running in rotating repertory: "POTUS: Or, Behind Every Great Dumbass Are Seven Women Trying to Keep Him Alive", by Selina Fillinger directed by Artistic Director Curt Columbus and "Ms. Holmes & Ms. Watson - APT 2B" by Kate Hamill directed by Laura Kepley. These plays were followed by our beloved annual reimagining of "A CHRISTMAS CAROL" directed by Resident Company Member Tatyana Marie Carlo, which was staged off-site at the Providence Performing Arts Center to allow our Chace theater to be prepared for renovation. The winter and spring featured the following two productions as a part of our main stage subscription series: the world premiere commission of "Someone Will Remember Us" by Resident Company Members Deborah Salem Smith and Charlie Thurston based on documentary interviews with Rhode Island veterans of the Iraq War directed by Christopher Windom and "La Tempestad - The Tempest" by William Shakespeare, adapted and translated by Orlando Hernndez, Tatyana-Marie Carlo, and Leandro "Kufa" Castro, directed by…

    $5,332,955 spent$2,561,995 earned by the program
    69% of program spending
  2. In addition to public performances, Trinity Rep continued to manage and oversee the Brown/Trinity Rep MFA program for actors and directors with Brown University. Trinity Rep's Education and Community Engagement Departments provided significant activity for all ages including Project discovery school matinee performances, in-school residencies, summer camp, after school classes, community conversations, panels, and exhibitions.

    $2,366,810 spent$2,366,810 earned by the program
    31% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $7,699,765.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($9.5M) Expenses 100 ($9.0M) Net assets 100 ($5.2M)2018 Revenue 117 ($11M) Expenses 102 ($9.2M) Net assets 139 ($7.2M)2019 Revenue 109 ($10M) Expenses 106 ($9.5M) Net assets 154 ($8.0M)2020 Revenue 106 ($10M) Expenses 101 ($9.1M) Net assets 170 ($8.8M)2021 Revenue 90 ($8.5M) Expenses 56 ($5.0M) Net assets 256 ($13M)2022 Revenue 132 ($13M) Expenses 97 ($8.8M) Net assets 317 ($16M)2023 Revenue 98 ($9.3M) Expenses 107 ($9.7M) Net assets 314 ($16M)2024 Revenue 106 ($10M) Expenses 106 ($9.5M) Net assets 332 ($17M)2025 Revenue 152 ($14M) Expenses 104 ($9.3M) Net assets 433 ($22M)
'17'18'19'20'21'22'23'24'25
Revenue (152)Expenses (104)Net assets (433)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 2020 to 2021, from $15M to $19M (+28%).

$10M
$12M
$13M
$15M
$19M
$20M
$20M
$21M
$25M
'17'18'19'20'21'22'23'24'25
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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 12% · 2018 15% · 2019 4% · 2020 3% · 2021 31% · 2022 40% · 2023 6% · 2024 4% · 2025 6%. Grants only. Government contracts and fees sit inside program revenue.

61% of Trinity Repertory Company’s revenue is contributions — more donation-reliant than the typical peer (58% for the typical peer).

This organization
Typical peer · 810 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$508k
’17
$1.9M
’18
$802k
’19
$918k
’20
$3.5M
’21
$3.8M
’22
−$388k
’23
$538k
’24
$5.1M
’25
5.9
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.

Chief executive

Katie Liberman

Executive Director

Board chair

Kibbe Reilly

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed474646433937383734
Joined·+6+2+8+3+6+4+4+4
No longer listed·721178357
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 25 funders to 26 funders, grant income rose $338k → $936k.

7 of 67 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 40% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $3.2M from 3 payers (the payer shares this organization's board, largest The Rhode Island Community Foundation). These are real filings, and they are not money Trinity Repertory Company raised.

From the IRS filings of Trinity Repertory Company’s funders (the co-funder graph). Top 30 of 67 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

Trinity Repertory Company has a broad base — no single funder exceeds 32% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

49% 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 Trinity Repertory Company.

32%
largest funder
54%
top three
~7
effective funders

Largest funder’s share by year: 2017 15% · 2018 25% · 2019 27% · 2020 28% · 2021 33% · 2022 45% · 2023 27% — growing more concentrated.

“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 Trinity Repertory Company's funders are still giving 3 years after their first grant; 67% 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

Trinity Repertory Company draws 67% of its grant income from funders outside Rhode Island, across 13 states in all.

VT
MN
NY
MA
PA
NJ
CT
RI
MD
DE
NC
TX
FL

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

’17
’18
’19
’20
’21
’22
’23
Rhode Island out of state home

Funder states come from each funder’s own filing. $2.8M arriving through sponsors registered in 6 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

Trinity Repertory Company runs a healthier operating margin than three-quarters of the 570 arts & culture nonprofits its size.

Operating margin35% · top quartile
Months of reserve5.9mo · above the median
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 570 arts & culture nonprofits $10M–$100M, FY2025

Government funding Trinity Repertory Company receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.4M on record.

Federal$1.4M
grants $1.4Mcontracts $0
17
19
20
21
22
23
25
26
Top agencies
  • Department of Housing and Urban Development$750k
  • Department of the Interior$500k
  • National Endowment for the Arts$155k

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 Trinity Repertory Company

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

82% of spending goes to programs.

Program 82%Management 12%Fundraising 6%

Governance

33
board members
97%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

90%

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

Footprint & structure

Files a return copy in 2 states

MA
RI

Screen this organization

A dated, signed PDF of the compliance screen for Trinity Repertory Company: 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 Trinity Repertory Company?
Trinity Repertory Company (Rhode Island) receives grants from 67 organizations whose IRS filings report $6,934,953 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($2,212,350). 45 of them have funded it in more than one year.
How many funders does Trinity Repertory Company have?
IRS filings report 67 organizations giving $6,934,953 in grants to Trinity Repertory Company, 45 of which have funded it in more than one year.
Who is the largest funder of Trinity Repertory Company?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $2,212,350 in grants. The full list of funders is on this page.
How can an organization like Trinity Repertory Company 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 Trinity Repertory Company →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 67 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