Ruth Stone House
Nonprofit profile at a glance
- EIN
- 462082294
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024, Form 990-N 2021
- Location
- Goshen, VT, USA
- Phone
- 8028885065
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Philanthropy, Charity, Voluntarism Promotion
Reported finances
- Revenue
- $124,307
- Expenses
- $67,541
- Assets
- $293,133
- Liabilities
- $1,226
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Highest reported compensation
- BIANCA STONE (DIRECTOR): $7,300 total reported compensation
- BENJAMIN PEASE (CHAIR): $400 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The ruth stone house is a nonprofit literary arts organization dedicated to preserving the legacy of poet ruth stone and fostering the creation, study, and appreciation of contemporary poetry and the literary arts. Through residencies, workshops, publications, performances, and educational programming, we serve writers, artists, and the broader public by cultivating creativity, community, and access to the arts in rural Vermont and beyond.
What it reported doing in 2024
Publications and media - ruth stone house continued its publication of iterant, a national literary magazine now in its fifth year, e dited by walter stone and featuring peotry and art from a diverse range of voices. The ode & psyche podcast, hosted by biance stone, expanded its audience with episodes exploring rilke's duino elegies and interviews with poests such as forrest gander and ryan ruby. Both projects extend the organization's reach to a global literary audience.preservation, renovation, and capital campaign - the organization advanced its capital campaign, raising over $80,000 in 2024, iwth an additional $17,000 pledged. These funds supported major renovations, including rebuilding the historic kitchen and converting the back porch into a classroom and dining space. Volunteers and interns also contributed to preperty maintenance, garden restoration, and preparation for expanded public use of the ruth stone house as a cultural centerpartnerships and memberships - rsh strengthened community ties by joining the addison county chamber of commerce and the addison county economic development corporation. These memberships support visibility, collaboration, and sustainability efforts across the region.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 61
- Transparency & Controls: 92
- Accountability: 86
- Sustainability: 74
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 44.5%; rating input score 44
- Program expense ratio: 79.1%; rating input score 79
- Fundraising efficiency: $363.7 raised per $1 spent on fundraising; rating input score 94; 94th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 45.7%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 4.34; rating input score 76; 76th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 51; 51st percentile among comparable filings
- Officer compensation ratio: 11.4%; rating input score 28; 28th percentile among comparable filings
Growth
- Program expense growth: -4.9% per year; rating input score 0; 17th percentile among comparable filings
- Revenue growth: -56.5% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: 10.7% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 44.5% of revenue deployed · 79.1% of spending went to programs
- Governance: 8 of 8 board members independent · 6 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $53K in reported program spending
- Leadership: top reported pay $7K · 8 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 44/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 28/100.
- Review — Sustainability: Liabilities to assets ratio scored 51/100.