Vermont Marble Museum Inc

Analysis

Vermont Marble Museum Inc is a registered charity in United States, based in Proctor, VT. It received its IRS tax-exemption ruling in April 2016, 10 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 Marble Museum Inc reported income of $83k and spending of $52k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $19k to $83k (+331%), an average of +331% a year. The sharpest change came in the year to December 2023, when income rose by 331%. Over the whole period it spent 69% 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 Marble Museum Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 23rd percentile within VT. Charities of a similar size with the same main cause include Portland Kinderschule ($83k), Provincetown Public Art Foundation ($83k) and Spanish Education Fund ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 101% and program service revenue 15% of the total. At year end it held assets of $95k against liabilities of $288, net assets of $95k.