Green Mountain Chamber Music Festival

Analysis

Green Mountain Chamber Music Festival is a registered charity in United States, based in Amherst, MA. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Green Mountain Chamber Music Festival reported income of $841k and spending of $821k, spending 98% of its income. Across the 5 years on record, from December 2019 to September 2023, income grew from $713k to $841k (+18%), an average of +4.2% a year. The sharpest change came in the year to September 2021, when income rose by 170%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Green Mountain Chamber Music Festival sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MA. Charities of a similar size with the same main cause include Vineyard Christian Middle School ($841k), Portsmouth Free Public Library Association ($841k) and Hirsch Academy Inc ($840k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 9.1% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $30k (3.7% of expenses). Other salaries and wages came to $50k. At year end it held assets of $313k against liabilities of $3,170, net assets of $310k. It reported 2 employees.