VERMONT ARTS EXCHANGE INC

EIN: 030343015 501(c)(3) Education

NORTH BENNINGTON, VT

Total Revenue
$428,738
Total Expenses
$343,790
Total Assets
$419,870
Net Assets
$414,902
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
VT
Principal Officer
MATTHEW PERRY
Phone
8024425549
Tax Period
2025-01-01 to 2025-12-31

VERMONT ARTS EXCHANGE INC, founded in 1994, is a small nonprofit in the Education sector that reported $429K in total revenue in fiscal year 2025. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $85K, a strong 20% operating margin.

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 Service Accomplishments

Program 1
Expenses: $109,312 Revenue: $93,554

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...

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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.

Program 2
Expenses: $16,876 Revenue: $21,250

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.

Program 3
Expenses: $62,454 Revenue: $11,850

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...

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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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $285,380
Program Service Revenue $126,654
Investment Income $16,704
Other Revenue $0
TOTAL REVENUE $428,738

Expense Breakdown

Grants Paid $0
Salaries & Benefits $228,072
Fundraising Expenses $37,628
Program Expenses $188,642
Other Expenses $115,718
TOTAL EXPENSES $343,790

Year-over-Year Comparison

2025 2024 Change
Revenue $428,738 $338,874 +0.3%
Expenses $343,790 $294,047 +0.2%
Net Income $84,948 $44,827 +0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
16
Volunteers
75

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$112,731
Total Directors
5
$112,731
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
OCEANA WILSON PRESIDENT 2.00
Officer Director
$0 $0 $0
NATHANIEL MARCOUX TREASURER 2.00
Officer Director
$0 $0 $0
MEG CAMPBELL TRUSTEE 1.00
Director
$0 $0 $0
WOODY SWAIN TRUSTEE 1.00
Director
$0 $0 $0
MATTHEW PERRY EXECUTIVE DI 40.00
Officer Director
$86,061 $26,670 $112,731
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $428,738 $343,790 $419,870 $84,948
2024 $338,874 $294,047 $344,964 $44,827
2023 $342,374 $313,459 $305,612 $28,915
2022 $253,803 $261,584 $249,830 $-7,781
2021 $278,045 $243,181 $280,989 $34,864
2020 $320,399 $248,063 $228,080 $72,336
2019 $307,620 $306,147 $156,413 $1,473
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