Very Merry Theatre

Analysis

Very Merry Theatre is a registered charity in United States, based in Burlington, VT. It received its IRS tax-exemption ruling in August 2002, 24 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 August 2023, Very Merry Theatre reported income of $451k and spending of $391k, spending 87% of its income. Across the 5 years on record, from December 2019 to August 2023, income grew from $270k to $451k (+67%), an average of +14% a year. The sharpest change came in the year to August 2023, when income rose by 57%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Very Merry Theatre 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 69th percentile, and in the 63rd percentile within VT. Charities of a similar size with the same main cause include Panida Theater Committee Inc ($450k), White Bird Productions Inc ($451k) and Theatre Experience of Southern California ($450k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $41k (11% of expenses). Other salaries and wages came to $198k. At year end it held assets of $215k against liabilities of $5,736, net assets of $209k. It reported 70 employees.