Catamount Film & Arts Co

Analysis

Catamount Film & Arts Co is a registered charity in United States, based in St Johnsbury, VT. It received its IRS tax-exemption ruling in December 1980, 46 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Catamount Film & Arts Co reported income of $1.7m and spending of $1.8m, spending 107% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income grew from $1.5m to $1.7m (+10%), an average of +2.5% a year. The sharpest change came in the year to April 2022, when income rose by 47%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Catamount Film & Arts Co sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within VT. Charities of a similar size with the same main cause include Orchestra Lumos Inc ($1.7m), Moveius Contemporary Ballet Inc ($1.7m) and Carmel Christkindlmarkt Inc ($1.7m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 57% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $75k (4.2% of expenses). Other salaries and wages came to $549k. At year end it held assets of $1.7m against liabilities of $1.0m, net assets of $674k. It reported 44 employees.