Victoria Mansion

Analysis

Victoria Mansion is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in March 1971, 55 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Victoria Mansion reported income of $1.3m and spending of $662k, leaving 51% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income grew from $663k to $1.3m (+104%), an average of +19% a year. The sharpest change came in the year to March 2022, when income rose by 94%. Over the whole period it spent 65% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Victoria Mansion sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within ME. Charities of a similar size with the same main cause include Institute for Jewish and Community Research ($1.3m), International Society for Clinical Densitometry Inc ($1.3m) and Charity Works ($1.3m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 65% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $112k (17% of expenses). Other salaries and wages came to $259k. At year end it held assets of $8.1m against liabilities of $40k, net assets of $8.0m. It reported 37 employees.