Rockport New Year's Eve
Legal name: Rockport New Years Eve Inc
Nonprofit profile at a glance
- EIN
- 474235610
- IRS 990-EZ coverage
- 2020–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990-EZ 2025, Form 990-N 2020
- Location
- Rockport, MA, US
- Phone
- 978-309-9743
- Rating
- 38
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Fairs
Reported finances
- Revenue
- $37,419
- Expenses
- $40,393
- Assets
- $36,795
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Sharon Carleton (President)
- Kaethe Flynn (Vice President)
People named in this filing
- David Johnson (Treasurer)
- Susan Russo (Secretary)
- Sharon Carleton (President)
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
The mission of Rockport New Year’s Eve (RNYE) is to broaden and deepen the public’s appreciation for the performing, literary, and visual arts through innovative, diverse and high-quality programs that offer the community a shared cultural experience that is accessible and affordable.
What it reported doing in 2025
The Rockport New Year's Eve event was held Decmber 31, 2025 and provided performing and visual arts entertainment for all ages. Approximately 1,300 attendees from around the North shore of Boston, and from further places including Illinois, California, New York. The event featured 27 performing groups in 9 indoor venues over the course of 6 hours, finishing with a celebratory midnight ball drop, and involved public service support from commuinty police, fire dept and public works dept. The 2025 event met goals for entertainment diversity and, most important its affordability ($25 per adult event button, $10 teens and free for children)
Operating model
- Revenue model
- Earned-program. 71% of the money available for current operations came from fees and other program revenue.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 42
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -7.9%; rating input score 31; 31st percentile among comparable filings
- Total-asset coverage ratio: 0.91; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -10.5% per year; rating input score 0; 28th percentile among comparable filings
- Revenue growth: 23% per year; rating input score 100; 91st percentile among comparable filings
- Asset growth: 13.1% per year; rating input score 100; 76th percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2020 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 31/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.