Brattleboro Museum and Art Center Inc

Analysis

Brattleboro Museum and Art Center Inc is a registered charity in United States, based in Brattleboro, VT. It received its IRS tax-exemption ruling in February 1968, 58 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 September 2023, Brattleboro Museum and Art Center Inc reported income of $445k and spending of $1.1m, spending 240% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.2m to $445k (-63%), an average of -22% a year. The sharpest change came in the year to September 2021, when income rose by 118%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Brattleboro Museum and Art Center 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 Paso Robles Youth Arts Center ($445k), Vital Wines ($445k) and Northeast Minneapolis Arts Assoc ($445k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 209% and program service revenue 8.1% of the total. Other salaries and wages came to $488k. At year end it held assets of $3.3m against liabilities of $173k, net assets of $3.1m. It reported 35 employees.