Mount Mansfield Community Television Inc

Analysis

Mount Mansfield Community Television Inc is a registered charity in United States, based in Colchester, VT. It received its IRS tax-exemption ruling in October 1998, 28 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, Mount Mansfield Community Television Inc reported income of $249k and spending of $212k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $186k to $249k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mount Mansfield Community Television Inc 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 Geneva Historical Society Rose Hill Endowment Fund ($248k), Eau Claire County Veterans Tribute Foundation ($249k) and Rohingya Youth Association of Portland ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $50k (24% of expenses). Other salaries and wages came to $87k. At year end it held assets of $229k against liabilities of $9,491, net assets of $220k. It reported 13 employees.