Civic Intelligence

Leahy Center for Lake Champlain Inc

EIN 03-0347288 • 501(c)3 • Burlington, VT

Profile

Echo's mission is to inspire and engage families in the joy of scientific discovery, wonder of nature, and care of lake champlain.

1 College StreetBurlington, VT 05401-5215

www.echovermont.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

37th percentile

0.09x

Higher debt load relative to assets than 37% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

61st percentile

0.35x

Higher debt load relative to revenue than 61% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

60th percentile

9.4%

Higher net margin than 60% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

65th percentile

10%

Faster asset growth than 65% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

76th percentile

25%

Faster revenue growth than 76% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Up

$23,695,520

Up $2,204,322 (+10%) from 2024

Liabilities

Up

$2,080,982

Up $1,404,708 (+208%) from 2024

Net Assets

Up

$21,614,538

Up $799,614 (+3.8%) from 2024

Revenue

Up

$5,966,233

Up $1,187,121 (+25%) from 2024

Expenses

Up

$5,405,628

Up $72,422 (+1.4%) from 2024

Net Income

Up

$560,605

Up $1,114,699 (+201%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2011: $12,402,704Liabilities 2011: $1,005,416Net Assets 2011: $11,397,2882011Assets 2012: $14,079,927Liabilities 2012: $1,648,274Net Assets 2012: $12,431,6532012Assets 2013: $13,986,393Liabilities 2013: $1,110,880Net Assets 2013: $12,875,5132013Assets 2014: $15,098,605Liabilities 2014: $831,506Net Assets 2014: $14,267,0992014Assets 2015: $14,896,064Liabilities 2015: $693,819Net Assets 2015: $14,202,2452015Assets 2016: $15,042,137Liabilities 2016: $913,065Net Assets 2016: $14,129,0722016Assets 2017: $15,448,318Liabilities 2017: $574,465Net Assets 2017: $14,873,8532017Assets 2018: $16,422,328Liabilities 2018: $443,238Net Assets 2018: $15,979,0902018Assets 2019: $16,775,132Liabilities 2019: $392,528Net Assets 2019: $16,382,6042019Assets 2020: $17,014,883Liabilities 2020: $317,284Net Assets 2020: $16,697,5992020Assets 2021: $19,763,934Liabilities 2021: $684,875Net Assets 2021: $19,079,0592021Assets 2022: $20,143,698Liabilities 2022: $498,252Net Assets 2022: $19,645,4462022Assets 2023: $21,107,945Liabilities 2023: $426,198Net Assets 2023: $20,681,7472023Assets 2024: $21,491,198Liabilities 2024: $676,274Net Assets 2024: $20,814,9242024Assets 2025: $23,695,520Liabilities 2025: $2,080,982Net Assets 2025: $21,614,5382025

Highlighted filing

2025

Assets$23,695,520
Liabilities$2,080,982
Net Assets$21,614,538

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,601,216Expenses 2011: $2,505,913Net Income 2011: $95,3032011Expenses 2012: $2,592,6862012Revenue 2013: $4,020,065Expenses 2013: $3,578,170Net Income 2013: $441,8952013Revenue 2014: $4,286,975Expenses 2014: $2,924,865Net Income 2014: $1,362,1102014Revenue 2015: $2,945,920Expenses 2015: $2,921,484Net Income 2015: $24,4362015Revenue 2016: $3,275,755Expenses 2016: $3,063,817Net Income 2016: $211,9382016Revenue 2017: $3,443,145Expenses 2017: $3,174,211Net Income 2017: $268,9342017Revenue 2018: $4,186,122Expenses 2018: $3,464,446Net Income 2018: $721,6762018Revenue 2019: $4,044,456Expenses 2019: $3,524,334Net Income 2019: $520,1222019Revenue 2020: $5,149,231Expenses 2020: $3,715,412Net Income 2020: $1,433,8192020Revenue 2021: $3,331,324Expenses 2021: $3,103,559Net Income 2021: $227,7652021Revenue 2022: $5,166,355Expenses 2022: $4,515,086Net Income 2022: $651,2692022Revenue 2023: $6,409,815Expenses 2023: $4,642,302Net Income 2023: $1,767,5132023Revenue 2024: $4,779,112Expenses 2024: $5,333,206Net Income 2024: -$554,0942024Revenue 2025: $5,966,233Expenses 2025: $5,405,628Net Income 2025: $560,6052025

Highlighted filing

2025

Revenue$5,966,233
Expenses$5,405,628
Net Income$560,605

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.7$2.08$21.6$5.97$5.41$0.56
2024Detailed filing. Detailed filing data is available for this year.$21.5$0.68$20.8$4.78$5.33$0.55
2023Detailed filing. Detailed filing data is available for this year.$21.1$0.43$20.7$6.41$4.64$1.77
2022Detailed filing. Detailed filing data is available for this year.$20.1$0.50$19.6$5.17$4.52$0.65
2021Detailed filing. Detailed filing data is available for this year.$19.8$0.68$19.1$3.33$3.10$0.23
2020Detailed filing. Detailed filing data is available for this year.$17.0$0.32$16.7$5.15$3.72$1.43
2019Detailed filing. Detailed filing data is available for this year.$16.8$0.39$16.4$4.04$3.52$0.52
2018Detailed filing. Detailed filing data is available for this year.$16.4$0.44$16.0$4.19$3.46$0.72
2017Detailed filing. Detailed filing data is available for this year.$15.4$0.57$14.9$3.44$3.17$0.27
2016Detailed filing. Detailed filing data is available for this year.$15.0$0.91$14.1$3.28$3.06$0.21
2015Detailed filing. Detailed filing data is available for this year.$14.9$0.69$14.2$2.95$2.92$0.02
2014Detailed filing. Detailed filing data is available for this year.$15.1$0.83$14.3$4.29$2.92$1.36
2013Summary only. Only limited summary data is available for this year.$14.0$1.11$12.9$4.02$3.58$0.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.1$1.65$12.4$2.59
2011Summary only. Only limited summary data is available for this year.$12.4$1.01$11.4$2.60$2.51$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Aug 25, 2025
Return Version
2024v5.0
Gross Receipts
$22,646,327
Mission and Program Overview

Mission

To educate and delight people about the ecology, culture, history and opportunity for stewardship of the lake champlain basin.

Echo's mission is to inspire and engage everyone in the joy of scientific discovery, wonder of nature, and care of lake champlain.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$11,839,093$11,565,679▼ $273,414
Land, Buildings, and Equipment, Net$6,976,414$6,396,358▼ $580,056
Savings and Temporary Cash Investments$825,193$621,294▼ $203,899
Pledges and Grants Receivable$305,341$354,748▲ $49,407
Prepaid Expenses and Deferred Charges$191,723$170,211▼ $21,512
Inventories for Sale or Use$230,898$91,831▼ $139,067
Cash and Non-Interest-Bearing Accounts$60,959$50,269▼ $10,690
Accounts Receivable$5,829$8,698▲ $2,869
Total Assets$21,491,198$23,695,520▲ $2,204,322
Other Assets Total$1,055,748$4,436,432▲ $3,380,684
Liabilities
Deferred Revenue$175,017$1,358,659▲ $1,183,642
Accounts Payable and Accrued Expenses$174,231$484,244▲ $310,013
Other Liabilities$327,026$238,079▼ $88,947
Total Liabilities$676,274$2,080,982▲ $1,404,708
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$16,816,224$18,430,884▲ $1,614,660
Net Assets With Donor Restrictions$3,998,700$3,183,654▼ $815,046
Total Net Assets Fund Balance$20,814,924$21,614,538▲ $799,614
Total Liabilities and Net Assets / Fund Balance$21,491,198$23,695,520▲ $2,204,322

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,649,409$6,527,872$12,177,281
Equipment$660,642$5,893,187$6,553,829
Other Land Buildings$86,307$352,589$438,896
Other Assets Org$4,961--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2025$11,839,093-▲ $585,092$-803,363$11,565,679
2024$11,868,471-▲ $1,198,302$-1,096,656$11,839,093
2023$9,393,242$3,109,700▼ $427,419$-55,012$11,868,471
2022$8,597,804$669,199▲ $335,616$-55,640$9,393,242
2021$6,220,116-▲ $2,530,669$-39,743$8,597,804
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Edward LawsonExecutive DiFT$195,460$19,248$214,708
Edward LawsonExecutive Director-$195,460$19,248$214,708
David BardaglioDirector ofFT$110,381$13,853$124,234

Board Members and Trustees

NameTitle
Kristin CarlsonChair
Ian DavisVice Chair
Andrew HansonBoard Member
Don RendallBoard Member
Dr Rebecca BellBoard Member
Grace AmaoBoard Member
Heather LovejoyBoard Member
Jane CliffordBoard Member
Julie MooreBoard Member
Julie WonBoard Member
Kim NiquetteBoard Member
Lj StillerBoard Member
Michael MetzBoard Member
Monica DelisaBoard Member
Shireen HartBoard Member
Doug GoldsmithSecretary
Larry WilliamsTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Ef Wall Associates INCConstructionPO BOX 259, Barre, VT 05641$1,493,637
Roto Group LLCConstruction70001 DISCOVERY BLVD, Dublin, OH 43017$1,301,413
Smith Alvarez SienkiewyczArchitect117 ST PAUL STREET, Burlington, VT 05401$107,764
Fuzzbuzz TechnologyAv Design41 COMMERCE AVE, South Burlington, VT 05403$107,648
Revenue and Support

Revenue Composition

Contributions and Grants
$3,724,095
Program Service Revenue
$1,192,158
Investment Income
$357,722
Other Revenue
$692,258
All Other Contributions
$2,583,228
Change in Net Assets
$560,605

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,911,090
Revenue Not Reported on Financial Statements
$55,143
Revenue Not Reported on Form 990
$208,185
Total Revenue per Audited Statements
$6,119,275
Total Revenue per Form 990
$5,966,233
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,084,949
Other Expenses$2,320,679
Total Fundraising Expense$181,916
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,912,886$363,577$116,084$2,392,547
Depreciation Depletion$970,041$8,438$2,649$981,128
Current Officers, Directors, Trustees, and Key Employees$179,486$33,909$10,827$224,222
Payroll Taxes$175,208$33,101$10,569$218,878
Other Employee Benefits$175,489$31,260$9,980$216,729
Occupancy$188,897$1,643$516$191,056
All Other Expenses$139,845$14,419$398$154,662
Advertising$133,348-$1,504$134,852
Fees for Services Other$99,408$10,823$24,000$134,231
Information Technology$90,749$720$226$91,695
Insurance-$70,442-$70,442
Fees for Service Investment Mgmnt Fees$46,722$6,568$1,853$55,143
Other Expenses$54,875$3,306$122$54,875
Pension Plan Contributions$26,379$4,695$1,499$32,573
Fees for Services Accounting-$24,350-$24,350
Conferences and Meetings$17,403$5,096$1,074$23,573
Royalties$15,453--$15,453
Interest$14,761$610-$15,371
Fees for Services Legal-$5,515-$5,515
Travel$4,127$236-$4,363
Office Expenses$1,344$610$467$2,421
Total Functional Expenses$4,580,163$643,549$181,916$5,405,628

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,405,628
Expenses per Audited Statements$5,335,032
Total Expenses per Audited Statements$5,319,661
Expenses Not Reported on Financial Statements$70,596
Other Expense Adjustments$15,453
Expenses Not Reported on Form 990$-15,371
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liabilities$238,079
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The finance committee of the leahy center for lake champlain performs a detailed review of a draft of the 990 with the preparer, and then makes a recommendation to the full board to accept the draft and move forward with filing. In addition, the 990 is made available for all board members to review prior to filing.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is given to each new responsible person and is required to acknowledge in writing that he or she has received a copy of this policy. Each responsible person must annually complete an information form regarding the conflict of interest policy. The policy shall be reviewed annually and any changes to the policy must be communicated to all responsible persons.

Form 990, Page 6, Part VI, Line 15A

The compensation of echo's executive director is defined in a contractual agreement between the leahy center for lake champlain, inc. And the executive director. The compensation is negotiated and reflects what the board perceives is the necessary and appropriate compensation to obtain and retain a qualified executive director in the burlington market. Any bonus compensation for the executive director is goal based. Annual goals are mutually established and the executive director's success in meeting these annual goals is assessed by the board. The board of directors reviews the executive director's performance each fiscal year and determines whether bonus compensation is appropriate.

Form 990, Page 6, Part VI, Line 15B

Directors are brought in at around 60,000 with a typical 3% cpi anually depending on cash flow. If there are financial contraints during the year, in lieu of permanent salary adjustments, smaller bonuses may be paid.

Form 990, Page 6, Part VI, Line 19

Copies are made available upon request.

Filing and Contact Details

Filer

Filer Name
Leahy Center for Lake
EIN
03-0347288
Phone
8028641848
Address
1 COLLEGE STREET, BURLINGTON, VT 05401-5215
Doing Business As
Echo Leahy Center for Lake

Signing Officer

Name
Edward Lawson
Title
Executive Director
Phone
8028641848
Signed
2025-08-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edward Lawson
Formed
1994
Legal Domicile
Vt
Voting Board Members
17
Independent Board Members
17
Employees
98
Volunteers
75

Preparer

Firm
Davis & Hodgdon Associates Cpas Plc
Address
33 BLAIR PARK RD STE 201, WILLISTON, VT 05495
Preparer
Bret Hodgdon
Phone
8028781963
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item C

Echo, leahy center for lake champlain

Form 990, Page 2, Part III, Line 4A

The public face of the leahy center for lake champlain inc. (dba echo, leahy center for lake champlain or echo) is an innovative science and nature museum located on the burlington waterfront. Open daily, echo encourages visitors to view the natural environment as part of their neighborhood and to explore, learn about, and consider opportunities for stewardship. Since 1995, we have taught more than 3 million visitors about the role of science in our culture and lives. Echo leverages its unique setting to inspire and engage everyone in the joy of scientific discovery, wonder of nature, and care of lake champlain. Visitors explore over 100 interactive family experiences, 70 live species, seasonal changing exhibits, and our dealer.com immersive 3d theater. In our highly interactive science exhibits, awesome forces and engineer it, visitors of all ages tackle daily engineering challenges at our tinkering bench and test zones as well as delight in discovering the amazing processes that have shaped the lake champlain basin and our earth. To learn more visit: https://www.echovermont.org/ the nonprofit is governed by a 17-member board of directors, who retains responsibility for defining echo's overall strategic direction, ensuring the institution remains on track and achieves its goals. The primary responsibilities of the echo board fall in the areas of finance, fundraising, strategy, and policy. As a general matter, board members are not directly involved in echo's daily operations, as these duties are the responsibility of management. Board members sit on one of four committees that meet multiple times annually: policy & governance, planning & finance, audit & ethics, investment, and stewardship. The entire board meets quarterly within the fiscal year. Principal programs & annual accomplishments: supported by meaningful partnerships and an informed understanding of audience need, echo provides high-impact science-based learning experiences in and outside our walls. Public museum: 160,000 annual visitors, including 75,000 children, 5,500 member households, and 15,000 school children. Echo is dedicated to breaking down barriers so that all visitors can experience the museum. Animal care program: promoting environmental stewardship and ecology by connecting the public to more than 70 native species of fish, amphibians, and reptiles with twice-daily animal care demos and back-of-house tours. Turtle headstart program: echo partners with the vermont fish & wildlife department to provide care for neonate spiny softshell and map turtles throughout the winter. The bigger turtles are released into lake champlain in the summer, giving them a better chance of survival. Echo early learning: eel is a free, academic year-long, caregiver-child program training caregivers and supporting healthy development and school readiness for early learners outside the formal care system. The program supports play-based learning for children and caregivers together, reading-readiness, and caregiver learning, as well as resources to foster safe, supportive, and enriching learning environments for children at home. Statewide stem outreach: we deliver hands-on stem programs and teacher professional development to rural, underserved early childhood classrooms while creating a new career awareness curriculum and take-home stem activity kits. Each year, echo educators work with over 60 educators and 900 students. Teacher institute: teachers from around vermont participate in an echo-led, year-long community of practice while working to integrate engineering design into their classroom curriculums. Traveling stem festivals: stem festivals travel in our stem in motion box truck and include enough activities and engineering challenges to fill a gym. E-team: our teen intern team members participate in weekly professional development, go on monthly career exploration field trips, and work in the engineer it program space four hours per week. College intern and volunteer

Form 990, Part XI, Line 9

National geographic royalty fees -15,453 interest expense -15,371 interest expense 15,371 national geographic royalty fees 15,453

Financial Statement Notes

Schedule D, Page 3, Part X

Echo annually files an irs form 990, return of organization exempt from income tax, tax return in the u.s. Federal jurisdiction. Echo is no longer subject to u.s. Federal income tax examination by tax authorities for the years prior to march 31, 2022. In the normal course of business, echo is subject to examination by various taxing authorities. Although the outcome of tax audits is always uncertain, the management of echo believes that there are no significant unrecognized tax liabilities at march 31, 2025 and 2024.

Schedule D, Page 4, Part XI, Line 2D

National geographic royalty fees -15,453 interest expense -15,371

Schedule D, Page 4, Part XII, Line 2D

INTEREST EXPENSE -15,371

Schedule D, Page 4, Part XII, Line 4B

National geographic royalty fees 15,453

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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