Overview
What is Waterfire Providence?
Waterfire Providence is a distinguished nonprofit organization situated in Providence, Rhode Island. Their primary mission is to revitalize the urban experience and foster community engagement by presenting the captivating Waterfire event. This large-scale public art installation attracts a significant number of spectators, with between 10,000 and 100,000 people visiting each evening during the season, which spans from May to December. Approximately half of these attendees come from out of state, contributing to a substantial economic impact on local businesses and generating $9 million in direct tax revenue for the state of Rhode Island. Waterfire Providence further supports 1,294 additional jobs for residents. The organization's impact extends beyond finance, as it also secures millions of dollars in traditional and new media value, painting Providence in a positive light and making it a top international cultural tourism destination. In 2018, Waterfire Providence moved into its first permanent visible home in the community: the Waterfire Arts Center. This multi-use arts venue hosts exhibitions, performances, events, and educational programs open to the public. With a team of 97 dedicated employees, Waterfire Providence continues to inspire and transform the city of Providence.
Official website here: www.waterfire.org
Is Waterfire Providence legitimate?
Waterfire Providence is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waterfire Providence submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $248,575
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,352,970
For more financial information, click here
Official website here: www.waterfire.org
What is the mission statement of Waterfire Providence?
Waterfire Providence, an arts organization, aims to inspire and engage communities by revitalizing urban experiences and creatively transforming cities. They achieve this by presenting the large-scale public art installation known as Waterfire, which attracts a significant number of visitors each year, contributing to the local economy and generating positive media coverage. Despite the challenges posed by the COVID-19 pandemic, Waterfire continues to revitalize urban spaces and foster community engagement.
Official website here: www.waterfire.org
Who is the CEO of Waterfire Providence?
What is the revenue of Waterfire Providence?
Who are the executives of Waterfire Providence and what are their salaries?
The average compensation at Waterfire Providence during 2022 was $16,511. There are 97 employees and 320 volunteers at Waterfire Providence.
Here are 17 key members and their salaries:
- Peter A Mello (Director)
- Paul Kochanek (Director Events & Operations)
- Barnaby M Evans (Executive Director)
- Judith Bentkover (Director)
- Barry Fain (Director)
- Lizzie Araujo (Director)
- Sean Holley (Director)
- Erica Guatieri (Treasurer) [Trustee/Director]
- Charles Meyers (Director)
- Farouk Rajab (Director)
- Charles Newton (Chair) [Trustee/Director]
- Ann Scott (Director)
- Liu Wang (Director)
- James Prescott (Vice Chair) [Trustee/Director]
- Barbara Mullen (Vice Chair) [Trustee/Director]
- Michael Brostek (Secretary) [Trustee/Director]
- Kristen Adamo (Director)
Official website here: www.waterfire.org
Where can I find the form 990 for Waterfire Providence?
The Waterfire Providence’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.waterfire.org
Learn more at the official website: www.waterfire.org
Mission Statement of Waterfire Providence
Waterfire Providence, as an arts organization, aims to inspire its local community and visitors by revitalizing the urban experience and fostering community engagement. It accomplishes this by presenting the large public art installation known as Waterfire, which creatively transforms the city and provides a unique experience for all to enjoy. The organization draws significant crowds, with between 10,000 and 100,000 spectators attending each evening during the season, which lasts from May to December. Waterfire not only attracts a large number of visitors but also creates a significant economic impact, generating $114 million of economic impact for local businesses and $9 million of direct tax revenue for the state. The organization secures millions of dollars of traditional and new media value each year, painting Providence in a positive light and making it a top international cultural tourism destination. Waterfire Providence's permanent home, the Waterfire Arts Center, serves as a multi-use arts venue that hosts exhibitions, performances, events, and educational programs open to the public.
Impact
This information is meant to be a general summary of Waterfire Providence. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Waterfire Providence's impact is significant and far-reaching. It revitalizes the urban experience in Providence by fostering community engagement and creatively transforming the city through its large public art installation/event. Each evening, Waterfire draws between 10,000 and 100,000 spectators into downtown Providence, with approximately 1,000,000 attendees throughout the season from May to December.
More than 50% of attendees travel from out of state specifically to experience Waterfire, creating a substantial economic impact. Waterfire Providence generates $114 million of economic impact for local businesses, $9 million of direct tax revenue for the state of Rhode Island, and supports 1,294 additional jobs for residents.
Furthermore, Waterfire secures millions of dollars of traditional and new media value, painting Providence in a positive light each year and establishing Rhode Island as a top international cultural tourism destination. The organization's move into the Waterfire Arts Center in 2018 provided a permanent visible home in the community, serving as a multi-use arts venue hosting exhibitions, performances, events, and educational programs open to the public.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VENDING INCOME
Revenue
$63,092
Organization Details
Founding Year
1988
Phone
(401) 273-1155
Principal Officer
Peter Mello
Main Address
475 VALLEY STREET, PROVIDENCE, RI, 02908
Website
www.waterfire.org
NTEE Category
Code: A40 - Arts
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