Bennington Museum Inc

Organization Overview

Bennington Museum Inc is located in Bennington, VT. The organization was established in 1928. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Bennington Museum Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bennington 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 06/2021, Bennington Museum Inc generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.4% each year . All expenses for the organization totaled $813.2k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE BENNINGTON MUSEUM COLLECTS, EXHIBITS, AND INTERPRETS THE ART, HISTORY, AND CULTURE OF VERMONT AND NORTHERN NEW ENGLAND. OUR GOAL IS TO EDUCATE, DELIGHT, AND INSPIRE OUR LOCAL COMMUNITY, AND VISITORS FROM ACROSS THE NATION AND THE WORLD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE BENNINGTON MUSEUM COLLECTS, EXHIBITS, AND INTERPRETS THE ART, HISTORY, AND CULTURE OF VERMONT AND NORTHERN NEW ENGLAND. OUR GOAL IS TO EDUCATE, DELIGHT, AND INSPIRE OUR LOCAL COMMUNITY, AND VISITORS FROM ACROSS THE NATION AND THE WORLD.


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Board, Officers & Key Employees

Name (title)Compensation
Joshua Torrance
Executive Dir.
$92,884
Jj Williams
Treasurer
$0
Constance West
Chairperson
$0
Marianne Peters
Secretary
$0
Edie Sawitsky
Trustee
$0
William Deveneau
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$44,434
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,831,911
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,876,345
Total Program Service Revenue$102,485
Investment income $9,616
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $625
Net Gain/Loss on Asset Sales $275
Net Income from Fundraising Events $15,600
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $12,389
Miscellaneous Revenue$0
Total Revenue $2,017,335

Grants Recieved

Over the last fiscal year, we have identified 15 grants that Bennington Museum Inc has recieved totaling $361,936.

Awarding OrganizationAmount
Alcyon Foundation

Wilmington, DE

PURPOSE: GENERAL OPERATIONS

$160,079
Helen Frankenthaler Foundation Inc

New York, NY

PURPOSE: FRANKENTHALER CLIMATE INITIATIVE 2021

$80,000
Vermont Council On The Arts Inc

Montpelier, VT

PURPOSE: GENERAL PURPOSE

$48,075
Edwin S Webster Foundation

Boston, MA

PURPOSE: GENERAL OPERATING SUPPORT

$25,000
George W Mergens Foundation

Milton, VT

PURPOSE: COMMUNITY ENGAGEMENTCOORDINATORPOSITION

$15,000
Vermont Community Foundation

Middlebury, VT

PURPOSE: GENERAL PURPOSE

$12,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$426,420
Earnings$6,829
Other Expense$6,161
Ending Balance$427,088

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