Okemo Valley TV Corp

Analysis

Okemo Valley TV Corp is a registered charity in United States, based in Ludlow, VT. It received its IRS tax-exemption ruling in October 2001, 25 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 June 2023, Okemo Valley TV Corp reported income of $247k and spending of $244k, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $220k to $247k (+12%), an average of +4.0% a year. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Okemo Valley TV Corp sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 49th percentile within VT. Charities of a similar size with the same main cause include Delgani String Quartet ($247k), Ashburnham Westminster Community Access Corporation ($247k) and Tap Fever Studios ($247k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $70k (29% of expenses). Other salaries and wages came to $65k. At year end it held assets of $346k against liabilities of $25, net assets of $346k. It reported 5 employees.