Brattleboro Museum And Art Center Inc is located in Brattleboro, VT. The organization was established in 1968. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2021, Brattleboro Museum And Art Center Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brattleboro Museum And Art Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Brattleboro Museum And Art Center Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.4% each year . All expenses for the organization totaled $787.5k during the year ending 09/2021. While expenses have increased by 10.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE BRATTLEBORO MUSEUM & ART CENTER IS A NONPROFIT ORGANIZATION FOUNDED IN 1972, WITH A MISSION TO ILLUMINATE ART AND IDEAS IN WAYS THAT INSPIRE, INFORM, AND CONNECT PEOPLE FROM ALL WALKS OF LIFE.
Describe the Organization's Program Activity:
PRESENTED 20 CONTEMPORARY ART EXHIBITS AND 71 IN-PERSON OR VIRTUAL CULTURAL EVENTS. HOSTED 34 SCHOOL GROUPS AT THE MUSEUM AND LED 10 IN-SCHOOL ART EDUCATION SESSIONS FOR STUDENTS IN GRADES PRE-K THROUGH 12. TOTAL VISITORS AND PROGRAM PARTICIPANTS = 10,776. (SCHOOL GROUPS AND TOTAL PROGRAM PARTICIPANTS APPROX. 30% BELOW NORMAL DUE TO COVID-19 RESTRICTIONS.)
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chris Gagne Treasurer | OfficerTrustee | 2 | $0 |
Christina Hebert President | OfficerTrustee | 2 | $0 |
Susan Mcmahon Vice Preside | OfficerTrustee | 2 | $0 |
Christopher Sink Secretary | OfficerTrustee | 2 | $0 |
Joseph Diggs Trustee | Trustee | 1 | $0 |
Nan Danforth Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $156,396 |
All other contributions, gifts, grants, and similar amounts not included above | $1,141,011 |
Noncash contributions included in lines 1a–1f | $39,782 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,297,407 |
Total Program Service Revenue | $24,256 |
Investment income | $46,639 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $2,790 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $34,992 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$7,398 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,398,686 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $379,637 |
Pension plan accruals and contributions | $3,289 |
Other employee benefits | $8,043 |
Payroll taxes | $13,062 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,115 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $47,885 |
Advertising and promotion | $0 |
Office expenses | $21,897 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $67,244 |
Travel | $142 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $857 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $25,194 |
Insurance | $7,901 |
All other expenses | $41,882 |
Total functional expenses | $787,547 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $315,977 |
Savings and temporary cash investments | $610,469 |
Pledges and grants receivable | $625,617 |
Accounts receivable, net | $46,325 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $49,308 |
Prepaid expenses and deferred charges | $9,162 |
Net Land, buildings, and equipment | $954,332 |
Investments—publicly traded securities | $995,645 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $706,935 |
Total assets | $4,313,770 |
Accounts payable and accrued expenses | $84,329 |
Grants payable | $0 |
Deferred revenue | $223,975 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $333,531 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $6,625 |
Total liabilities | $648,460 |
Net assets without donor restrictions | $1,752,459 |
Net assets with donor restrictions | $1,912,851 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $4,313,770 |
Over the last fiscal year, we have identified 1 grants that Brattleboro Museum And Art Center Inc has recieved totaling $15,000.
Awarding Organization | Amount |
---|---|
Mckenzie Fam Charitable Tr Putney, VT PURPOSE: PROGRAM SUPPORT | $15,000 |
Beg. Balance | $528,555 |
Earnings | $141,364 |
Net Contributions | $350,000 |
Other Expense | -$24,274 |
Ending Balance | $995,645 |
Organization Name | Assets | Revenue |
---|---|---|
Whitney Museum Of American Art New York, NY | $937,771,000 | $113,143,000 |
Solomon R Guggenheim Foundation New York, NY | $240,294,871 | $73,166,662 |
Brooklyn Institute Of Arts And Sciences Brooklyn, NY | $388,418,074 | $82,546,120 |
Sterling & Francine Clark Art Inst Williamstown, MA | $670,367,352 | $8,296,004 |
Frick Collection New York, NY | $548,300,043 | $37,986,909 |
Isabella Stewart Gardner Museum Inc Boston, MA | $347,979,013 | $30,352,820 |
Buffalo Fine Arts Academy Buffalo, NY | $293,134,468 | $30,844,940 |
New Museum Of Contemporary Art New York, NY | $107,362,095 | $41,908,538 |
Institute Of Contemporary Art Boston, MA | $121,321,339 | $26,427,567 |
Museum Of Arts And Design New York, NY | $100,702,289 | $12,680,439 |
Neue Galerie New York New York, NY | $114,494,920 | $18,242 |
Worcester Art Museum Worcester, MA | $148,643,203 | $30,005,812 |