Green Mountain Performing Arts Inc

Analysis

Green Mountain Performing Arts Inc is a registered charity in United States, based in Waterbury, VT. It received its IRS tax-exemption ruling in February 2012, 14 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, Green Mountain Performing Arts Inc reported income of $274k and spending of $259k, spending 94% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $222k to $274k (+24%), an average of +24% a year. The sharpest change came in the year to August 2023, when income rose by 24%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Green Mountain Performing Arts Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 52nd percentile within VT. Charities of a similar size with the same main cause include Aapi of Queens and Long Island Inc ($274k), Miami Nation of Indians of the State of Indiana Inc ($274k) and High Point Community Theatre Inc ($274k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 7.0% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $41k (16% of expenses). Other salaries and wages came to $73k. At year end it held assets of $50k against liabilities of $14k, net assets of $36k. It reported 14 employees.