Center for Arts & Learning INC EIN 45-5195841 Form 990 (PDF) Claim this org

Center for Arts & Learning INC

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Enriches communities with art, music, and educational programs. For fiscal year 2024 it reported $341K in revenue, $246K in expenses, and $391K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Montpelier, VT
Website
cal-vt.org
Filings
3 on file (2020–2024)
Revenue
$341KFY2024
Expenses
$246K
Net assets
$391K
People
6
Filings
3
Updates
0
More identity details & actions ⌄
EIN  45-5195841 Public charity (501(c)(3)) Montpelier, VT
Form 990 (PDF)
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Size
$100K–1M
What they do
Enriches communities with art, music, and educational programs.
Leadership
Phayvanh Luekhamhan · Executive Director · $28K
Money in and out
$341K revenue, $246K expenses
Bottom line
72% program efficiency
Where the money goes · FY2024
Total revenue
$341K
Pt VIII · Ln 12
Total expenses
$246K
Pt IX · Ln 25
Net assets
$391K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $95K
Where spending went · Part IX cols B–D
Program services $0.72 Management & general $0.28
Program efficiency
72%
of spending reaches programs▲ +23% vs prior filing year
Operating runway
1.1mo
months of highly liquid reserves at operating expense rate▲ +57% vs prior filing year
Surplus margin
+28%
revenue over expenses, this year▲ +226% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$341K
FY2024▲ +102%
Expenses
$246K
FY2024▲ +19%
Total assets
$889K
FY2024▲ +9%
Total liabilities
$498K
FY2024▼ -4%
Total revenue
$341K
Pt VIII · Ln 12
Total expenses
$246K
Pt IX · Ln 25
Net assets
$391K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$95K
Total assetsPt X · Ln 16$889K
Program-expense ratioPt IX · col B72%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCenter for Arts & Learning INC
EINHdr · item D45-5195841
Principal addressHdr · item CMontpelier, VT
WebsiteHdr · item Jcal-vt.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A20)
Ruling yearIRS BMFSep 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$28,432Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Phayvanh Luekhamhan’s $28K as Executive Director is at the 23rd percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2020
Phayvanh Luekhamhan$28,432$28,411$27,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $177K of program spending, described in the organization's own filed words · FY2024.
01

The organization continued to operate an arts center at 46 Barre Street, The organization has two part-time staff members to operate the building and further the mission of the organization.

$88Kprogram expense
02

The organization sponsored arts, cultural, and educational projects that did not yet have their own 501(c)(3) status. We received and receipted charitable contributions for these projects, maintained full discretion and control over the funds, reviewed project budgets and expenses for charitable purpose, and paid approved invoices on the…

$80Kprogram expense
03

The Center for Arts and Learning began managing Montpelier's ArtWalk, a regular city-wide celebration of arts and placemaking.

$10Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$201K · 59%
Contributions & grants$118K · 35%
Other revenue$19K · 6%
Investment income$3K · 1%
Program service revenue59%$201K
Contributions & grants35%$118K
Other revenue6%$19K
Investment income1%$3K
— government grantsLn 1e$15K
Total revenueLn 12$341K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.72 Management & general $0.28
Program services72%$177K
Management & general28%$68K
Total functional expensesLn 25$246K

Balance Sheet

Part X · end of year
CashLn 1$23K
Total assetsLn 16$889K
Total liabilitiesLn 26$498K
Total net assetsLn 32$391K
Months of cash on handcomputed1.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $23K · Operating expenses/yr $246K
1.1 months
Where the money goes
Program services
Program services $177K · Total expenses $246K
72%
Management & General
Management & general $68K · Total expenses $246K
28%
Fundraising
Fundraising $0 · Total expenses $246K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $4K · Solicited contributions (2-yr avg) $61K
$0.06 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $118K · Total revenue $341K
35%
Government reliance
Government grants $15K · Total revenue $341K
4%
Earned-income share
Program service revenue $201K · Total revenue $341K
59%
Investment reliance
Investment income $3K · Total revenue $341K
+1.0%
Program self-sufficiency
Program service revenue $201K · Total expenses $246K
82%
Growth & trend
Revenue growth (YoY)
This year $341K · Prior year $168K
+102%
Revenue CAGR
FY2020 $171K · FY2024 $341K
+19%
Net-asset trend (YoY)
End of year $391K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $341K · Expenses $246K
+28%
Liabilities-to-Assets
Total liabilities — · Total assets $889K
Net-asset ratio
Net assets $391K · Total assets $889K
44%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $889K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Phayvanh Luekhamhan · Reported title Executive Director · Highest reported compensation $28K · Total expenses $246K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $39K · Total expenses $246K
16%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 72%
Overhead ratio 28%
Fundraising cost ratio 0%
Revenue growth 102%
Accounting fee ratio 4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$6K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$341K revenue · viewing · ⤓ 990 PDF
FY2023$168K revenue · ⤓ 990 PDF
FY2022not on file
FY2021not on file
FY2020$171K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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