Vermont Historical Society

Analysis

Vermont Historical Society is a registered charity in United States, based in Barre, VT. It received its IRS tax-exemption ruling in July 1943, 83 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 June 2024, Vermont Historical Society reported income of $2.7m and spending of $2.4m, spending 89% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.9m to $2.7m (+46%), an average of +7.8% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Vermont Historical Society sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within VT. Charities of a similar size with the same main cause include Peoples Theatre Project Inc ($2.7m), Circuit Playhouse Inc ($2.7m) and Northern Sky Theater Inc ($2.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 84% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $169k (7.0% of expenses). Other salaries and wages came to $734k. At year end it held assets of $10.0m against liabilities of $1.3m, net assets of $8.7m. It reported 20 employees.