Nonprofit · EIN 03-0343015
VERMONT ARTS EXCHANGE
Tax-exempt · N BENNINGTON, VT 05257
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $428,738 | $343,790 | $84,948 | $419,870 | $4,968 | $414,902 |
| December 31, 2024 | 990 | $338,874 | $294,047 | $44,827 | $344,964 | $15,010 | $329,954 |
| December 31, 2023 | 990 | $342,374 | $313,459 | $28,915 | $305,612 | $20,485 | $285,127 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $285,380
- of which government grants
- $75,491
- Program service revenue
- $126,654
- Investment income
- $16,704
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $112,731
- Other salaries and wages
- $98,330
- Salaries, compensation and benefits (total)
- $228,072
- Professional fundraising fees
- $0
- Accounting fees
- $2,015
- Occupancy
- $15,895
- Travel
- $116
- Depreciation
- $4,852
- Program services (functional)
- $188,642
- Management and general (functional)
- $117,520
- Fundraising (functional)
- $37,628
Balance sheet and other
- Total assets, start of year
- $344,964
- Total assets, end of year
- $419,870
- Total liabilities, end of year
- $4,968
- Net assets, end of year
- $414,902
- Land, buildings and equipment
- $62,043
- Publicly traded securities
- $167,862
- Net assets without donor restrictions
- $371,245
- Net assets with donor restrictions
- $43,657
- Gross receipts
- $428,738
- Employees
- 16
- Volunteers
- 75
- Year formed
- 1994
- State of legal domicile
- VT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATTHEW PERRY | EXECUTIVE DI Trustee or director, Officer | 40 | $86,061 | $26,670 |
| OCEANA WILSON | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| NATHANIEL MARCOUX | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| MEG CAMPBELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| WOODY SWAIN | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATTHEW PERRY | EXECUTIVE DI Trustee or director, Officer | 40 | $86,061 | $21,968 |
| OCEANA WILSON | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| NATHANIEL MARCOUX | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| MEG CAMPBELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROBERT HOWE | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| WOODY SWAIN | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATTHEW PERRY | EXECUTIVE DI Trustee or director, Officer | 40 | $83,554 | $19,575 |
| ROBERT HOWE | PRESIDENT Trustee or director, Officer | 0.5 | $0 | $0 |
| NATHANIEL MARCOUX | TREASURER Trustee or director, Officer | 3.75 | $0 | $0 |
| MEG CAMPBELL | TRUSTEE Trustee or director | 3.5 | $0 | $0 |
| OCEANA WILSON | TRUSTEE Trustee or director | 3.5 | $0 | $0 |
| WOODY SWAIN | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 725, N BENNINGTON, VT 05257-0725
- Principal officer (990 for 2025)
- MATTHEW PERRY, 48 MAIN STREET, NORTH BENNINGTON, VT 05257
- Signed the 990
- MATTHEW PERRY, EXECUTIVE DIRECTOR
- Phone
- (802) 442-5549
- Website
- VTARTXCHANGE.ORG
- Return prepared by
- MUDGETT JENNETT & KROGH-WISNER
Mission
TO ENGAGE COMMUNITIES AND NEIGHBORHOODS THROUGH THE ARTS BY BRINGING ART EDUCATION, EXHIBITION, AND PERFORMANCE OPPORTUNITIES TO PEOPLE OF ALL AGES, ABILITIES, AND INCOME.
Program accomplishments
- OUTREACH - BY FORMING HEALTHY PARTNERSHIPS WITH LOCAL SCHOOLS, MUNICIPALITIES, OTHER NPO'S, HEALTHCARE SITES, AND COMMUNITY GROUPS, VERMONT ARTS EXCHANGE, INC (VAE) IS ABLE TO BREATHE THE ARTS INTO BRANCHES OF THE COMMUNITY THAT OTHERWISE MAY NOT HAVE THE OPPORTUNITY TO BE EMPOWERED BY THE ARTS AND FEEL THE IMPACT IT CAN HAVE ON THE ENVIRONMENT. COVID STRENGTHENED OUR EXISTING PARTNERSHIPS BY TESTING THE FABRIC OF OUR RELATIONSHIPS. FUTHERMORE, IT FORCED US TO REACH OUT TO THE LARGER COMMUNITY AND MEET ITS NEEDS, MANY OF WHICH WERE DUE TO THE PANDEMIC.Expenses $109,312 · revenue $93,554
- BASEMENT MUSIC SERIES - EACH YEAR VAES BASEMENT MUSIC SERIES BRINGS IN MANY LOCAL ARTISTS AND BANDS FROM ACROSS THE GLOBE TO PRESENT HIGH QUALITY MUSIC THAT IS CULTURALLY DIVERSE.Expenses $16,876 · revenue $21,250
- CAMPS AND COMMUNITY CLASSES - VAE BELIEVES THAT INTEGRATING AND WEAVING THE ARTS INTO OUR LIVES AND NEIGHBORHOODS CREATES A STRONG, VIBRANT, AND HEALTHY COMMUNITY AND ECONOMY. TO DO THIS, VAE OFFERS SCHOOL VACATION CAMPS AND COMMUNITY CLASSES COVERING A WIDE RANGE OF ART RELATED TOPICS, ALL GEARED TOWARDS LEARNERS OF ALL AGES.Expenses $62,454 · revenue $11,850
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 03-0343015
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $419,870
- Income (IRS master file)
- $428,738
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $428,738 | $343,790 | $419,870 | IRS |
| 990 | December 2024 | $338,874 | $294,047 | $344,964 | XML |
| 990 | December 2023 | $342,374 | $313,459 | $305,612 | XML |
| 990 | December 2022 | $253,803 | $261,584 | $249,830 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 03-0343015).
Questions about VERMONT ARTS EXCHANGE
- What is the EIN of VERMONT ARTS EXCHANGE?
- The employer identification number (EIN) of VERMONT ARTS EXCHANGE is 03-0343015.
- Is VERMONT ARTS EXCHANGE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to VERMONT ARTS EXCHANGE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VERMONT ARTS EXCHANGE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VERMONT ARTS EXCHANGE due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VERMONT ARTS EXCHANGE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of VERMONT ARTS EXCHANGE?
- The 990 for the year ended December 31, 2025 names MATTHEW PERRY.
- Who are the officers and directors of VERMONT ARTS EXCHANGE?
- The 990 for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $86,061 (MATTHEW PERRY, EXECUTIVE DI).
- How much revenue does VERMONT ARTS EXCHANGE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $428,738, expenses of $343,790 and total assets of $419,870 at year end.
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