Heritage Winooski Mill Museum Inc

Analysis

Heritage Winooski Mill Museum Inc is a registered charity in United States, based in Winooski, VT. It received its IRS tax-exemption ruling in April 2017, 9 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, Heritage Winooski Mill Museum Inc reported income of $119k and spending of $109k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $116k to $119k (+3.2%), an average of +3.2% a year. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Heritage Winooski Mill Museum Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 32nd percentile within VT. Charities of a similar size with the same main cause include Films for Humanity Inc ($119k), Un-Common Theatre Company Inc ($119k) and Thai Thaim Corporation ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.4% of the total. At year end it held assets of $56k against liabilities of $414, net assets of $56k.