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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Arts, Culture & Humanities Newport Festivals Foundation Inc.

Newport Festivals Foundation Inc.

Fiscal year ending 2021. Filed on August 9, 2022.

PO Box 650
Essex, Massachusetts 01929

Newport Festivals Foundation Inc. (EIN: 27-4099544) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Newport Festivals Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 6 out of 247 total employees. Among the employees shown here, the average compensation is $163,555. The highest compensated employee at Newport Festivals Foundation Inc. is Albert Jay Sweet with fiscal year 2021 compensation of $344,250.

Revenue, expenses, and employee compensation

Revenue

$11,132,304

Expenses

$7,335,714

Employee compensation

$1,873,656
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Albert Jay Sweet
Board Member and Executive Director
$344,250
$344,250 No related compNo other comp
Kira Favro
Chief Financial Officer
$202,443
$202,443 No related compNo other comp
Christopher Capotosto
Chief Creative Officer
$173,650
$173,650 No related compNo other comp
Deborah Ross
Education Director
$99,308
$99,308 No related compNo other comp
Debra Girard
Director of Ticketing and AD
$98,328
$98,328 No related compNo other comp
William Glassner
Partnership Director and ARC
$63,353
$63,353 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Bruce S Gordon
Board Chair and Board Member
C Ronald MacKenzie
Board Member
David Berger
Board Member
George Wein
Board Member/Former Chairman
Jerome A Chazen
Board Member
Jessica Kausen
Board Member
Jim Lanzone
Board Member
Jonathan Nelson
Board Member
Larry Miller
Board Member
Leyla Ertegun
Board Member
Michael Dorf
Board Member
Nicholas L Pell
Treasurer and Board Member

Contractors

Ndr LLC
$127,300

Mission Statement

NEWPORT FESTIVAL FOUNDATION'S MISSION IS TO CREATE MOMENTS OF HOPE THROUGH THE POWER OF MUSIC AND COMMUNITY.

Revisions to this organization profile

March 28, 2025:
2024 Newport Festivals Foundation Inc. 990 filed
August 13, 2024:
2023 Newport Festivals Foundation Inc. 990 filed
August 7, 2023:
2022 Newport Festivals Foundation Inc. 990 filed

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