Yestermorrow Inc

Analysis

Yestermorrow Inc is a registered charity in United States, based in Waitsfield, VT. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Yestermorrow Inc reported income of $1.7m and spending of $1.7m, spending 100% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $1.1m to $1.7m (+59%), an average of +12% a year. The sharpest change came in the year to March 2023, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Yestermorrow Inc 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 85th percentile, and in the 83rd percentile within VT. Charities of a similar size with the same main cause include Museum of Russian Art ($1.7m), Military Aviation Museum ($1.7m) and St Louis Shakespeare Festival ($1.7m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 23% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $77k (4.5% of expenses). Other salaries and wages came to $768k. It paid $21k in professional fundraising fees. At year end it held assets of $2.1m against liabilities of $628k, net assets of $1.5m. It reported 52 employees.