International House Of Rhode Island Inc
- Assets
- $2.7m
- Revenue
- $277.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Providence, RI
- Founding
- 11/1965
- Data as of
- 06/2021
- EIN
- 05-0305666
Organization Overview
International House Of Rhode Island Inc is located in Providence, RI. The organization was established in 1965. As of 06/2021, International House Of Rhode Island Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International House Of Rhode Island Inc 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 06/2021, International House Of Rhode Island Inc generated $277.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $279.8k during the year ending 06/2021. While expenses have increased by 1.6% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING FRIENDSHIP, CONNECTION, LEARNING, AND GLOBAL UNDERSTANDING BY BRINGING PEOPLE TOGETHER FROM AROUND THE WORLD FOR CROSS-CULTURAL EXCHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUING PROGRAMS - CLASSES OFFERING ENGLISH AS A SECOND LANGUAGE - FOREIGN LANGUAGES TAUGHT BY SPEAKERS - ARTS AND CRAFTS - DINNERS REPRESENTING FOODS OF VARIOUS COUNTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Holt Executive Di | OfficerTrustee | 40 | $85,908 |
Jenny Anderson Treasurer | OfficerTrustee | $0 | |
Jason Preciphs Vice Preside | OfficerTrustee | $0 | |
Robert Vachon President | OfficerTrustee | $0 | |
Gylean Trabucchi Secretary | OfficerTrustee | $0 | |
Bonita Daly Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $27,600 |
| All other contributions, gifts, grants, and similar amounts not included above | $92,961 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $120,561 |
| Total Program Service Revenue | $23,548 |
| Investment income | $21,352 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $52,908 |
| Net Gain/Loss on Asset Sales | $58,660 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $277,029 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $175,741 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,277 |
| Payroll taxes | $15,136 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,276 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,590 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,335 |
| Insurance | $0 |
| All other expenses | $12,806 |
| Total functional expenses | $279,772 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,758 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $9,372 |
| Net Land, buildings, and equipment | $111,991 |
| Investments—publicly traded securities | $2,478,162 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $100,970 |
| Total assets | $2,706,253 |
| Accounts payable and accrued expenses | $14,449 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $35,725 |
| Other liabilities | $2,050 |
| Total liabilities | $52,224 |
| Net assets without donor restrictions | $950,030 |
| Net assets with donor restrictions | $1,703,999 |
| 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 | $2,706,253 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that International House Of Rhode Island Inc has recieved totaling $67,754.
| Awarding Organization | Amount |
|---|---|
The Rhode Island Community Foundation Providence, RI PURPOSE: GENERAL OPERATING | $67,659 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $95 |
Endowment Analysis
| Beg. Balance | $1,322,903 |
| Earnings | $454,032 |
| Admin Expense | $13,415 |
| Grants | $59,521 |
| Ending Balance | $1,703,999 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Epoch Times Association Inc New York, NY | $35,086,092 | $121,545,102 |
New York Public Radio New York, NY | $128,472,893 | $81,924,982 |
American Musical & Dramatic Academy New York, NY | $154,874,684 | $91,373,218 |
Whitney Museum Of American Art New York, NY | $937,771,000 | $113,143,000 |
National September 11 Memorial And Museum At The World Trade Center New York, NY | $601,946,963 | $89,488,435 |
The Carnegie Hall Corporation New York, NY | $718,141,781 | $55,324,262 |
Boston Symphony Orchestra Inc Boston, MA | $745,262,219 | $89,872,398 |
Solomon R Guggenheim Foundation New York, NY | $240,294,871 | $73,166,662 |
Museum Of Science Boston, MA | $308,551,835 | $49,955,104 |
Manhattan School Of Music New York, NY | $110,734,113 | $63,876,459 |
Philharmonic-Symphony Society Of New York Inc New York, NY | $534,569,080 | $138,634,882 |
Shed Nyc Inc New York, NY | $621,442,218 | $102,270,782 |