Vermont Independent Media Inc

Analysis

Vermont Independent Media Inc is a registered charity in United States, based in Brattleboro, VT. It received its IRS tax-exemption ruling in June 2006, 20 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 December 2023, Vermont Independent Media Inc reported income of $528k and spending of $471k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $431k to $528k (+23%), an average of +5.2% a year. The sharpest change came in the year to December 2023, when income rose by 19%. 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, Vermont Independent Media Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 66th percentile within VT. Charities of a similar size with the same main cause include Portsmouth Submarine & Maritime Association ($528k), Theatre South Playhouse Inc ($528k) and Boston Chamber Music Society Inc ($527k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 50% of the total. Other salaries and wages came to $226k. At year end it held assets of $211k against liabilities of $79k, net assets of $133k. It reported 8 employees.