Montpelier Foundation

Analysis

Montpelier Foundation is a registered charity in United States, based in Mntpelier Sta, VA. It received its IRS tax-exemption ruling in November 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 June 2024, Montpelier Foundation reported income of $5.3m and spending of $6.6m, spending 124% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $7.9m to $5.3m (-33%), an average of -7.6% a year. The sharpest change came in the year to June 2024, when income dropped by 47%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Montpelier Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within VA. Charities of a similar size with the same main cause include Theatreworks Silicon Valley ($5.3m), Puente de LA Costa Sur ($5.4m) and STEM From Dance ($5.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 58% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $377k (5.7% of expenses). Other salaries and wages came to $2.3m. It paid $110k in professional fundraising fees. At year end it held assets of $34.9m against liabilities of $6.7m, net assets of $28.2m. It reported 102 employees.