Vermont Marble Museum Inc
- Assets
- $64.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 12
- Location
- Proctor, VT
- Founding
- 04/2016
- Data as of
- 12/2021
- EIN
- 46-4612220
Organization Overview
Vermont Marble Museum Inc is located in Proctor, VT. The organization was established in 2016. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Vermont Marble Museum Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Marble Museum 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 12/2021, Vermont Marble Museum Inc generated $104.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.8%) each year. All expenses for the organization totaled $15.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (36.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE VERMONT MARBLE MUSEUM IS WORKING TO REOPEN THE MUSEUMPOST-PANDEMIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jess Goerold Secretary | 0.5 | $0 | |
Dennis Montagna Director | 0.5 | $0 | |
Robert H Young Co-Chair | 0.5 | $0 | |
Victoria P Young Co-Chair | 0.5 | $0 | |
Kevin Thornton Director | 0.5 | $0 | |
Anne Tait Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $103,188 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $1,508 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $104,696 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,010 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,478 |
| Total expenses | $15,488 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,999 |
| Other assets | $0 |
| Total assets | $64,844 |
| Total liabilities | $1,144 |
| Net assets or fund balances | $63,700 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Vermont Marble Museum Inc has recieved totaling $37,324.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $24,500 |
Preservation Trust Of Vermont Inc Burlington, VT PURPOSE: Preservation | $12,824 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
George Eastman Museum Rochester, NY | $59,825,841 | $12,306,953 |
Naismith Memorial Basketball Hall Of Fame Inc 1150 West Columbus Ave Springfield, MA | $33,159,743 | $5,379,532 |
National Museum Of Mathematics New York, NY | $42,218,242 | $9,885,068 |
Shelburne Museum Incorporated Shelburne, VT | $56,455,494 | $11,449,784 |
Amigos Del Museo Del Barrio New York, NY | $18,789,462 | $15,193,674 |
American Museum Of The Moving Image Astoria, NY | $5,870,489 | $5,453,055 |
Rockwell Museum Corning, NY | $8,339,616 | $5,240,521 |
Museum Of Chinese In The America New York, NY | $11,986,346 | $14,599,749 |
American Folk Art Museum New York, NY | $12,095,077 | $3,818,559 |
Seaport Museum New York New York, NY | $25,331,264 | $3,990,883 |
American Kennel Club Museum Of The Dog New York, NY | $19,543,798 | $3,681,348 |
National Museum Of Racing Inc Saratoga Springs, NY | $28,834,904 | $3,891,904 |