Nonprofit · EIN 90-0146728
SPRUCE PEAK ARTS CENTER FOUNDATION INC
Tax-exempt · STOWE, VT 05672
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990 | $1,953,233 | $2,327,409 | -$374,176 | $6,398,212 | $309,084 | $6,089,128 |
| October 31, 2024 | 990 | $2,068,009 | $1,971,545 | $96,464 | $6,666,152 | $202,848 | $6,463,304 |
| October 31, 2023 | 990 | $1,410,928 | $1,894,243 | -$483,315 | $6,594,795 | $227,955 | $6,366,840 |
Financial details: 990 for the year ended October 31, 2025
Revenue
- Contributions, gifts and grants
- $1,174,907
- Program service revenue
- $690,530
- Investment income
- $36,367
- Net rental income
- $34,479
- Net income from sales of inventory
- $16,950
- Other revenue
- $51,429
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $157,659
- Other salaries and wages
- $666,366
- Salaries, compensation and benefits (total)
- $914,642
- Professional fundraising fees
- $0
- Legal fees
- $1,445
- Accounting fees
- $9,700
- Occupancy
- $195,880
- Travel
- $53,639
- Depreciation
- $215,292
- Program services (functional)
- $1,753,710
- Management and general (functional)
- $352,666
- Fundraising (functional)
- $221,033
Balance sheet and other
- Total assets, start of year
- $6,666,152
- Total assets, end of year
- $6,398,212
- Total liabilities, end of year
- $309,084
- Net assets, end of year
- $6,089,128
- Land, buildings and equipment
- $5,355,501
- Publicly traded securities
- $798,333
- Net assets without donor restrictions
- $6,045,590
- Net assets with donor restrictions
- $43,538
- Gross receipts
- $1,975,604
- Employees
- 36
- Volunteers
- 42
- Year formed
- 2004
- 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 October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SETH SOLOWAY | EXECUTIVE DIRECTOR Officer | 40 | $134,626 | $23,034 |
| DIANNE BROWN | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MIRZA CAVALIC | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| BARRY PIUS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JILL WITTEN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ANDREW CHMURA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SAM GAINES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEAN GOODERMOTE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LISA HAGERTY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CAREN MERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LISA MCGOVERN | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended October 31, 2024: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SETH SOLOWAY | EXECUTIVE DIRECTOR (START Officer | 40 | $134,626 | $23,034 |
| DIANNE BROWN | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MIRZA CAVALIC | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| BARRY PIUS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JILL WITTEN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ANDREW CHMURA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SAM GAINES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEAN GOODERMOTE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LISA HAGERTY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CAREN MERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LISA MCGOVERN | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended October 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| HOPE SULLIVAN | EXECUTIVE DIRECTOR (END 05/23) Officer | 40 | $115,850 | $20,428 |
| DIANNE BROWN | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MIRZA CAVALIC | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| BARRY PIUS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JILL WITTEN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ANDREW CHMURA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SAM GAINES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEAN GOODERMOTE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LISA HAGERTY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CAREN MERSON | DIRECTOR (START 2023) Trustee or director | 1 | $0 | $0 |
| LISA MCGOVERN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFF CLARKE | DIRECTOR (END 2023) Trustee or director | 1 | $0 | $0 |
| SETH SOLOWAY | EXECUTIVE DIRECTOR (START 09/23) Officer | 40 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 122 HOURGLASS DR, STOWE, VT 05672-5299
- In care of
- % DAVID NORDEN
- Principal officer (990 for 2024)
- DEAN GOODERMOTE, 122 HOURGLASS DRIVE, STOWE, VT 05672
- Signed the 990
- DEAN GOODERMOTE, TREASURER
- Phone
- (802) 760-4635
- Website
- WWW.SPRUCEPEAKARTS.ORG
- Return prepared by
- MCSOLEY MCCOY & CO
Mission
SEE SCHEDULE OTHE MISSION OF THE SPRUCE PEAK ARTS CENTER FOUNDATION IS TO BE THE LEADING YEAR-ROUND PRESENTER OF PERFORMING ARTS, FILM, EDUCATIONAL, AND FAMILY PROGRAMS FOR STOWE, VT AND NEIGHBORING COMMUNITIES. THROUGH PROGRAMS OF THE HIGHEST QUALITY IN DANCE, MUSIC, THEATRE, AND OPERA WE ENSURE A DIVERSITY OF TALENT ON THE STAGE AND SCREEN OF OUR WORLD-CLASS THEATER. OUR GOAL IS TO PRESENT A VARIETY OF PROGRAMS THAT INSPIRE, EDUCATE, AND ENTERTAIN ALL AGES AND INTERESTS.
Program accomplishments
- THROUGH PROGRAMS OF THE HIGHEST QUALITY IN DANCE, MUSIC, THEATRE, AND OPERA WE ENSURE A DIVERSITY OF TALENT ON THE STAGE AND SCREEN OF OUR WORLD-CLASS THEATER. OUR GOAL IS TO PRESENT A VARIETY OF PROGRAMS THAT INSPIRE, EDUCATE, AND ENTERTAIN ALL AGES AND INTERESTS.Expenses $1,753,710 · revenue $599,447
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 October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | October 31, 2026 | March 15, 2027 | Not due yet |
| 2024 | October 31, 2025 | March 16, 2026 | 990 on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990 on file |
IRS record
- EIN
- 90-0146728
- 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
- 2004
- Accounting year ends
- October
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A61)
- Assets (IRS master file)
- $6,398,212
- Income (IRS master file)
- $1,975,604
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | October 2025 | $1,953,233 | $2,327,409 | $6,398,212 | XML |
| 990 | October 2024 | $2,068,009 | $1,971,545 | $6,666,152 | XML |
| 990 | October 2023 | $1,410,928 | $1,894,243 | $6,594,795 | XML |
| 990 | October 2022 | $1,806,408 | $1,284,454 | $6,956,009 | IRS |
| 990 | October 2021 | – | – | – | IRS |
| 990 | October 2020 | – | – | – | IRS |
| 990 | October 2018 | – | – | – | 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 90-0146728).
Questions about SPRUCE PEAK ARTS CENTER FOUNDATION INC
- What is the EIN of SPRUCE PEAK ARTS CENTER FOUNDATION INC?
- The employer identification number (EIN) of SPRUCE PEAK ARTS CENTER FOUNDATION INC is 90-0146728.
- Is SPRUCE PEAK ARTS CENTER FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to SPRUCE PEAK ARTS CENTER FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SPRUCE PEAK ARTS CENTER FOUNDATION INC 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 SPRUCE PEAK ARTS CENTER FOUNDATION INC due?
- The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SPRUCE PEAK ARTS CENTER FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended October 2025.
- Who is the principal officer of SPRUCE PEAK ARTS CENTER FOUNDATION INC?
- The 990 for the year ended October 31, 2025 names DEAN GOODERMOTE.
- Who are the officers and directors of SPRUCE PEAK ARTS CENTER FOUNDATION INC?
- The 990 for the year ended October 31, 2025 lists 11 people; 1 received compensation from the organization, the highest $134,626 (SETH SOLOWAY, EXECUTIVE DIRECTOR).
- How much revenue does SPRUCE PEAK ARTS CENTER FOUNDATION INC have?
- On its 990 for the year ended October 31, 2025 it reported revenue of $1,953,233, expenses of $2,327,409 and total assets of $6,398,212 at year end.
Other nonprofits in STOWE
- STOWE STORY LABS EIN 47-3208321 · last filed 990 for 2025
- THE CURRENT INC EIN 03-0284825 · last filed 990 for 2024
- ARGENTINE-TANGO SOCIETY EIN 06-1639338 · last filed 990-PF for 2024
- STOWE PERFORMING ARTS INC EIN 03-0261081 · last filed 990 for 2024
- STOWE HISTORICAL SOCIETY INC EIN 03-6009423 · last filed 990-EZ for 2025
- STOWE VOLUNTEER FIREFIGHTERS INC EIN 03-0324655 · last filed 990-EZ for 2023
- STOWE PLAYHOUSE INC EIN 22-2777161 · last filed 990-N for 2025
- VERMONT CONTEMPORARY ART SPACE EIN 82-1445113 · last filed 990-N for 2024
All nonprofits in STOWE · Vermont · Arts, culture and humanities