Newport Southbank Bridge Co
- Assets
- $236.3k
- Revenue
- $345.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Newport, KY
- Founding
- 05/2004
- Data as of
- 12/2021
- EIN
- 90-0217030
Organization Overview
Newport Southbank Bridge Co is located in Newport, KY. The organization was established in 2004. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newport Southbank Bridge Co 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 12/2021, Newport Southbank Bridge Co generated $345.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 34.3% each year . All expenses for the organization totaled $218.8k during the year ending 12/2021. While expenses have increased by 31.1% 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
TO MAINTAIN, ENHANCE AND BEAUTIFY THE BRIDGE FOR PEDESTRIAN TRAFFIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BRIDGE IS AVAILABLE FOR PRIVATE EVENTS OF ALL SIZES; ORGANIZED RUNS AND WALKS, WEDDINGS, WORLD-RECORD BREAKING YOGA SESSIONS AS WELL AS CORPORATE AND CHARITABLE EVENTS IN ONE OF THE MOST UNIQUE AND SCENIC EVENT VENUES IN THE AREA.
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 |
|---|---|---|---|
Jack Moreland Chairman | Trustee | 5 | $0 |
Tom Fromme Director | Trustee | 0 | $0 |
Michael Claypool Director | Trustee | 0 | $0 |
Tony Rawe Director | Trustee | 0 | $0 |
Tim Perry Director | Trustee | 0 | $0 |
Roger Weddle Director | Trustee | 0 | $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 | $188,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $188,000 |
| Total Program Service Revenue | $155,516 |
| 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 | $345,176 |
| 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 | $4,300 |
| Fees for services: Accounting | $4,800 |
| 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 | $16,020 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $35,414 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $342 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,138 |
| Insurance | $26,960 |
| All other expenses | $0 |
| Total functional expenses | $218,817 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $115,777 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $107,500 |
| 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 | $4,593 |
| Net Land, buildings, and equipment | $8,411 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $236,281 |
| Accounts payable and accrued expenses | $3,238 |
| 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 | $3,238 |
| Net assets without donor restrictions | $233,043 |
| 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 | $236,281 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Newport Southbank Bridge Co has recieved totaling $38,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $38,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Navy Pier Inc Chicago, IL | $199,546,550 | $62,194,092 |
The Barack Obama Foundation Chicago, IL | $693,835,698 | $159,957,411 |
Mount Vernon Ladies Association Of The Union Mount Vernon, VA | $342,045,360 | $38,819,933 |
Ohio Historical Society Columbus, OH | $7,345,353 | $25,940,986 |
Heritage South Community Cu Shelbyville, TN | $308,780,084 | $17,719,881 |
Franklin County Historical Society Columbus, OH | $23,539,656 | $19,471,266 |
Liberty Memorial Association Kansas City, MO | $35,751,544 | $14,461,883 |
Indiana Historical Society Indianapolis, IN | $152,627,726 | $15,739,974 |
Army Historical Foundation Inc Fort Belvoir, VA | $16,487,331 | $17,384,969 |
Virginia Historical Society Richmond, VA | $152,846,402 | $30,481,870 |
United States Foundation For The Commemoration Of The World Wars Arlington, VA | $17,191,453 | $4,408,831 |
Steel Founders Society Of America Crystal Lake, IL | $6,567,517 | $7,560,615 |