Vermont Center for Photography

Analysis

Vermont Center for Photography is a registered charity in United States, based in Brattleboro, VT. It received its IRS tax-exemption ruling in November 2003, 23 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 Center for Photography reported income of $140k and spending of $138k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $172k to $140k (-19%), an average of -10% a year. The sharpest change came in the year to December 2022, when income dropped by 24%. Over the whole period it spent 85% 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 Center for Photography sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 35th percentile within VT. Charities of a similar size with the same main cause include Big Spring Symphony Association Incorporated ($140k), Rochester Dance Company ($140k) and Arts One Presents Inc ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 18% of the total. Other salaries and wages came to $60k. It paid $3,617 in professional fundraising fees. At year end it held assets of $108k against liabilities of $4,287, net assets of $104k. It reported 3 employees.