Landmark Trust USA Inc

Analysis

Landmark Trust USA Inc is a registered charity in United States, based in Dummerston, VT. It received its IRS tax-exemption ruling in November 1992, 34 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 2023, Landmark Trust USA Inc reported income of $435k and spending of $503k, spending 116% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $396k to $435k (+9.8%), an average of +3.2% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Landmark Trust USA Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 62nd percentile within VT. Charities of a similar size with the same main cause include Aquinnah Cultural Center Inc ($435k), Alma Lewis ($435k) and Pat Conroy Literary Center Inc ($435k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $82k (16% of expenses). Other salaries and wages came to $148k. At year end it held assets of $3.2m against liabilities of $175k, net assets of $3.1m. It reported 19 employees.