Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1969.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
88 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
5 people listed on the 990.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Connects people, ideas, and information for community learning and individual growth.
Questions for Newport Public Library
Your first name shows with your question. Newport Public Library answers here, for everyone.
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Newport Public Library Purchases and maintains a varied collection of library materials for use by the general public. This includes books, magazines, newspapers, audiobooks, music, videos and other materials of both educational and entertainment value. Items may be checked out by registered borrowers, or used within the library.
Newport Public Library maintains a number of internet connected computers for the use by the general public. These may be used by anyone who chooses to visit our location. In addition, Newport Public Library offers free wireless access to the internet by anyone who chooses to bring their own internet - accessible devices to our location.
Newport Public Library provides reading-related programs for people of all ages. These include, but are not limited to preschool story times, summer reading clubs for children, teens, and adults and irregularly scheduled programs of education nature for children, teens and adults. No revenue generated by this program.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $74K | $90K |
| InvestmentsLn 11–13 | $1.3M | $1.8M |
| Land, buildings, equipmentLn 10c | $205K | $257K |
| Total assetsLn 16 | $1.6M | $2.1M |
| LiabilitiesLn 26 | $19K | $2K |
| Net assetsLn 32 | $1.6M | $2.1M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $88K | $88K | $0 | $0 |
| Payroll taxesLn 10 | $8K | $8K | $0 | $0 |
| Accounting feesLn 11c | $5K | $0 | $5K | $0 |
| Investment management feesLn 11f | $14K | $0 | $14K | $0 |
| Advertising and promotionLn 12 | $10 | $10 | $0 | $0 |
| Office expensesLn 13 | $5K | $5K | $0 | $0 |
| OccupancyLn 16 | $63K | $63K | $0 | $0 |
| InterestLn 20 | $414 | $414 | $0 | $0 |
| Other expenses (24a–d)Ln 24 | $50K | $42K | $0 | $8K |
| Total functional expensesLn 25 | $234K | $206K | $20K | $8K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $391K | $234K | $158K | $2.1M | 990 PDF |
| FY2023 | $279K | $200K | $79K | $1.6M | 990 PDF |
| FY2022 | $205K | $170K | $34K | $1.7M | 990 PDF |
| FY2021 | $395K | $138K | $257K | $2.0M | 990 PDF |
| FY2020 | $166K | $157K | $10K | $1.6M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $391,486 revenue, 12 lines filed
Part VI · Governance 5 of 5 board members independent, 1 to look at
Part VIII · Statement of revenue $391,486 across 7 lines filed
Part IX · Statement of functional expenses $233,814 across 9 lines filed
Part X · Balance sheet $2,122,882 assets, 11 lines filed
Part XI · Reconciliation of net assets $2,121,244 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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