St Johnsbury Athenaeum Inc

Analysis

St Johnsbury Athenaeum Inc is a registered charity in United States, based in St Johnsbury, VT. It received its IRS tax-exemption ruling in March 1957, 69 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 December 2023, St Johnsbury Athenaeum Inc reported income of $569k and spending of $707k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $359k to $569k (+58%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 157%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, St Johnsbury Athenaeum Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within VT. Charities of a similar size with the same main cause include Riddle House Museum ($569k), Holter Museum of Art Inc ($569k) and Phoenix Mens Arts Council ($569k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 4.3% of the total. Compensation of current officers, directors and key employees was $62k (8.7% of expenses). At year end it held assets of $9.5m against liabilities of $75k, net assets of $9.4m. It reported 12 employees.