Puddingstone Events Inc
Nonprofit profile at a glance
- EIN
- 934792006
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- Newport, RI, USA
- Phone
- 4016843888
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $96,550
- Expenses
- $90,214
- Assets
- $10,873
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- CLEMENS TEUFEL (CHAIRMAIN)
- KAREN BEVAN (DIRECTOR)
- ELIJAH DUCKWORTH-SCHACHTER (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Inspired by the fused rock for which it is named, puddingstone events presents immersive, thoughtfully curated experiences that intertwine classical music and jazz with dance, visual art, poetry, and dramacreating synergies and revelatory sparks that inspire, transform, and educate. In the spirit of 19th-century musical salons, we bring performances up close in intimate, historic spaces across newport and aquidneck island, reviving architecturally significant venues, fostering community events, and connecting various audiences through live artistic experiences.
What it reported doing in 2025
-monthly musical salons series, consisting of classical music and jazz, visual art, poetry and dance. -a one week music festival featuring classical chamber music and dance in historic venues.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 100
- Sustainability: 32
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.4%; rating input score 87
- Program expense ratio: 93.6%; rating input score 94
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 6.6%; rating input score 56; 56th percentile among comparable filings
- Total-asset coverage ratio: 0.12; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 3.2%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 87.4% of revenue deployed · 93.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $84K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- Review — Sustainability: Operating margin scored 56/100.
- High — Sustainability: Officer compensation ratio scored 11/100.