Ventfort Hall Association Inc

Analysis

Ventfort Hall Association Inc is a registered charity in United States, based in Lenox, MA. It received its IRS tax-exemption ruling in April 1997, 29 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 December 2023, Ventfort Hall Association Inc reported income of $459k and spending of $528k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $374k to $459k (+23%), an average of +5.2% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ventfort Hall Association Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Glass Art Kalamazoo Inc ($459k), Galveston Childrens Museum ($459k) and Sandwich Area Community Access Television Inc ($459k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $60k (11% of expenses). Other salaries and wages came to $110k. At year end it held assets of $4.2m against liabilities of $435k, net assets of $3.7m. It reported 17 employees.