Vermont Humanities

2021 Statement of Financial Position

2021 Annual Report

Revenue and Expenses

Revenue
National Endowment for the Humanities $1,385,702
State of Vermont $227,989
Contributions and grants $581,597
 Program and other income $151,178
Total Revenue $2,346,466
Expenses
Programs and program management $1,415,791
Core Operations & Mission $260,692
Development $179,934
Total expenses $1,856,417
Change in net assets from operations $301,829
Other changes
COVID-19 Relief $145,900
Non-operating investment return $133,978
Total changes in net assets $581,707

Statement of Financial Position

Assets
Cash $877,999
Other Current Assets $617,511
Fixed assets $225,405
Other assets $   –
Long-term investment $1,802,781
Total Assets $3,523,596
Liabilities
Payroll expenses payable $34,104
Grants payable $-
Other payables $42,847
Total liabilities $76,951
Net assets
Undesignated $1,265,018
Investment in plant, property and equipment $225,305
Board-designated long-term investments $1,368,290
With Donor Restrictions $588,032
Total net assets $3,446,645
Total liabilities and net assets $3,523,596

 

Vermont Humanities*** August 19, 2022