Providence Tourism Fund
- Assets
- $356.1k
- Revenue
- $347.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Providence, RI
- Founding
- 03/2009
- Data as of
- 12/2022
- EIN
- 26-3240427
Organization Overview
Providence Tourism Fund is located in Providence, RI. The organization was established in 2009. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Providence Tourism Fund 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 12/2022, Providence Tourism Fund generated $347.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.4% each year . All expenses for the organization totaled $46.4k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO WORK IN CONJUNCTION WITH THE CONVENTION CENTER AUTHORITY TO PROMOTE, ENCOURAGE, & CREATE TOURISM IN THE CITY OF PROVIDENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EVENT FUNDS TO PROMOTE AND CREATE TOURISM IN THE CITY OF PROVIDENCE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Bramley President | OfficerTrustee | 1 | $0 |
Serena Conley Secretary | OfficerTrustee | 1 | $0 |
Alexis Gorrairan Vice President/treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $347,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $347,500 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $347,500 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $125 |
| Fees for services: Accounting | $75 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $36 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,050 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,435 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $15,706 |
| Total functional expenses | $46,427 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $335,228 |
| 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 | $20,900 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $356,128 |
| Accounts payable and accrued expenses | $9,696 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,696 |
| Net assets without donor restrictions | $346,432 |
| Net assets with donor restrictions | $0 |
| 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 | $356,128 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Providence Tourism Fund has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Washington Trust Charitable Foundation Westerly, RI PURPOSE: CHARITABLE CONTRIBUTION | $5,000 |
Provport Inc Providence, RI PURPOSE: UNDERWRITER DONATION 2019 MAYORAL INAUGURATION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Prism Streetlights Inc Warwick, RI | $2,245,329 | $3,281,144 |
New Bedford Economic Development Council Inc New Bedford, MA | $5,015,436 | $2,421,458 |
Town Hall Annex Corporation Greenwich, CT | $11,907,632 | $1,297,065 |
Boston Municipal Research Bureau Inc Boston, MA | $1,906,928 | $901,435 |
Community Software Consortium Seekonk, MA | $424,317 | $20,794 |
Massachusetts Peace Action Education Fund Cambridge, MA | $187,103 | $0 |
New England First Amendment Coalition Inc Westborough, MA | $97,718 | $0 |
Hummel Report Providence, RI | $78,537 | $0 |
Association Of Town Finance Committees Boston, MA | $11,838 | $0 |
Providence Tourism Fund Providence, RI | $356,128 | $347,500 |
Information Trust Exchange Governing Association Williamstown, MA | $933 | $0 |
Progressive Massachusetts Inc Needham, MA | $108,818 | $0 |