Providence Preservation Society is located in Providence, RI. The organization was established in 1958. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Providence Preservation Society employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Providence Preservation Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Providence Preservation Society generated $824.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $871.2k during the year ending 12/2023. While expenses have increased by 6.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SINCE 1956, THE PROVIDENCE PRESERVATION SOCIETY HAS WORKED TO IMPROVE PROVIDENCE BY ADVOCATING FOR HISTORIC PRESERVATION AND THE ENHANCEMENT OF THE CITY'S UNIQUE CHARACTER THROUGH THOUGHTFUL DESIGN AND PLANNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROVIDENCE PRESERVATION SOCIETY IS THE LARGEST CITYWIDE ADVOCACY ORGANIZATION IN RHODE ISLAND, WITH APPROXIMATELY 500 MEMBER-HOUSEHOLDS. TO BE EFFECTIVE ADVOCATES, WE ENGAGE THE PUBLIC THROUGHOUT THE YEAR IN EDUCATIONAL PROGRAMS THAT FORM THE UNDERPINNING FOR THE COMMUNITY'S UNDERSTANDING AND APPRECIATION FOR HISTORIC PLACES AS WELL AS HIGH-QUALITY URBAN ENVIRONMENTS. IN 2022, OUR PUBLIC ENGAGEMENT PROGRAMS SERVED MORE THAN 3,800 PEOPLE. IN THE LAST 12 MONTHS, WE HAVE HAD 33,000 USERS OF THE ONLINE ARCHITECTURE GUIDE, AND 31,000 USERS OF THE MAIN PPS WEBSITE. WE HAVE 4,961 SUBSCRIBERS TO OUR EMAIL LIST, WITH AN AVERAGE 48% OPEN RATE.
PPS IS THE OWNER OF TWO COLONIAL-ERA BUILDINGS AND AN EARLY TWENTIETH CENTURY GARDEN. WE UTILIZE BEST PRACTICES IN HISTORIC PRESERVATION STEWARDSHIP. IN MID-2023, WE COMPLETED A MAJOR RENOVATION PROJECT TO MAKE THE OLD BRICK SCHOOL HOUSE FULLY ACCESSIBLE AND CODE COMPLIANT, WHILE ADDRESSING STRUCTURAL, HVAC, AND SYSTEMS ISSUES. IN 2022, WE WERE AWARDED OUR FIRST COMMUNITY GRANT FROM THE U.S. EMPLOYMENT AND TRAINING ADMINISTRATION, FOR OUR THIRD WINDOW AND WORKFORCE TRAINING PROGRAM. THE PROGRAM KICKED OFF IN LATE 2022 AND CONCLUDED IN EARLY 2023, WITH 12 PARTICIPANTS WHO ARE UNDER/UNEMPLOYED AND FACE HIGH BARRIERS TO EMPLOYMENT. THE COMPENSATED TRAINING PROGRAM RUNS FOR SIX WEEKS. PARTICIPANTS LEARNED ABOUT HISTORIC PRESERVATION AND HOW TO RESTORE AND PAINT WOOD WINDOWS.WE ALSO CREATED A NEW PROGRAM CALLED BUILDING WORKS WHICH ENCOMPASSES BOTH WORKFORCE TRAINING AND HOMEOWNER TRAINING PROGRAMSAND AND HELD 7 HOMEOWNER TRAINING PROGRAMS IN 2023 ON TOPICS SUCH AS WATER MANAGEMENT, WEATHERIZATION, PLASTER REPAIR AND LEAD POISONING.
THE PPS'S PLANNING AND ARCHITECTURAL REVIEW COMMITTEE MEETS ALMOST MONTHLY TO CONDUCT INDEPENDENT PROJECT REVIEW OF MAJOR AND MINOR PROPOSED DEVELOPMENTS. IN MOST CASES, THESE ARE DEVELOPMENTS FOR NEW BUILDINGS, ALTHOUGH SOME INCLUDE CHANGES TO HISTORIC BUILDINGS. MAJOR REVIEWS ARE CONTINUING ON PROPOSED DEVELOPMENTS IN THE I-195 DESIGN AND INNOVATION DISTRICT. BEYOND REVIEWING INDIVIDUAL PROJECTS, PPS ADVOCATES FOR GOOD CITYWIDE AND STATEWIDE PUBLIC POLICIES, SUCH AS HISTORIC TAX CREDITS, DEMOLITION,ZONING CODES, AND INCLUSIVE PLANNING PRACTICES. WE ALSO CONSULT WITH INDIVIDUAL PROPERTY OWNERS ON AN AD HOC BASIS, HELPING SHAPE THE CITY IN WAYS THAT ARE RARELY PUBLICIZED. MOST OF THE EXPENSES RELATED TO ADVOCACY ARE FOR RESEARCH ON POLICY TOPICS, MONITORING ISSUES AND APPEARING AT PUBLIC HEARINGS. ADVOCACY PROGRAM SERVICES IMPACT THE ENTIRE CITY OF PROVIDENCE WHICH HAS A POPULATION OF APPROXIMATELY 190,000.
THROUGH ITS HISTORIC PROPERTY MARKER PROGRAM, PPS RECOGNIZES BUILDINGS IN THE CITY OF PROVIDENCE THAT CONTRIBUTE IN A POSITIVE WAY TO THE APPRECIATION AND UNDERSTANDING OF PROVIDENCE'S UNIQUE ARCHITECTURAL, HISTORICAL AND CULTURAL HERITAGE. THERE ARE MORE THAN 1,600 PROPERTY MARKERS ON BUILDINGS THROUGHOUT THE CITY OF PROVIDENCE, EACH MOUNTED ON BUILDINGS IN A WAY THAT ALLOWS PUBLIC VIEWING. SOME RECORDS CAN BE FOUND AT GOWDEY.PPSRI.ORG.ADDITIONAL INFORMATION ON PROVIDENCE'S BUILDINGS CAN BE FOUND IN THE ONLINE GUIDE TO PROVIDENCE ARCHITECTURE, MODELED AFTER THE 2003 BOOK PUBLICATION OF THE SAME NAME. GUIDE.PPSRI.ORGWE ARE DEVELOPING AN INTERPRETIVE EXHIBIT FOR INSTALLATION ON THE GROUNDS OF AND INSIDE THE 1769 OLD BRICK SCHOOL HOUSE, 24 MEETING STREET, THAT SPEAKS TO THE HISTORY AND PRESERVATION OF THE COLLEGE HILL NEIGHBORHOOD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Warren Jagger President | OfficerTrustee | 1 | $0 |
Catherine Lund Vice President | OfficerTrustee | 1 | $0 |
Kevin Hundley Treasurer | OfficerTrustee | 1 | $0 |
Jared Sugerman Secretary | OfficerTrustee | 1 | $0 |
Kathryn J Cavanaugh Trustee | Trustee | 1 | $0 |
Joanna Doherty Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $49,110 |
Fundraising events | $82,552 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $536,703 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $668,365 |
Total Program Service Revenue | $25,729 |
Investment income | $42,299 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$2,304 |
Net Gain/Loss on Asset Sales | $67,993 |
Net Income from Fundraising Events | $6,447 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $824,064 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $86,024 |
Compensation of current officers, directors, key employees. | $17,205 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $242,355 |
Pension plan accruals and contributions | $4,272 |
Other employee benefits | $29,233 |
Payroll taxes | $26,918 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $47,122 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $2,600 |
Fees for services: Investment Management | $17,636 |
Fees for services: Other | $108,545 |
Advertising and promotion | $835 |
Office expenses | $91,853 |
Information technology | $12,723 |
Royalties | $0 |
Occupancy | $58,598 |
Travel | $4,146 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $59,878 |
Interest | $9,064 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $53,744 |
Insurance | $9,544 |
All other expenses | $6,065 |
Total functional expenses | $871,155 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $257,890 |
Savings and temporary cash investments | $2,695 |
Pledges and grants receivable | $4,500 |
Accounts receivable, net | $15,397 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $26,459 |
Net Land, buildings, and equipment | $1,984,849 |
Investments—publicly traded securities | $1,499,396 |
Investments—other securities | $682,995 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,474,181 |
Accounts payable and accrued expenses | $25,005 |
Grants payable | $0 |
Deferred revenue | $3,545 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $373,510 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,600 |
Total liabilities | $404,660 |
Net assets without donor restrictions | $1,977,700 |
Net assets with donor restrictions | $2,091,821 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $4,474,181 |