Governors Residence Preservation Fund
- Assets
- $334.5k
- Revenue
- $236.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Denver, CO
- Founding
- 02/2008
- Data as of
- 12/2021
- EIN
- 26-1108824
Organization Overview
Governors Residence Preservation Fund is located in Denver, CO. The organization was established in 2008. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Governors Residence Preservation Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Governors Residence Preservation Fund generated $236.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $194.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVE COLORADO'S HISTORIC GOVERNOR'S RESIDENCE AT THE BOETTCHER MANSION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVATION: THE GOVERNORS RESIDENCE PRESERVATION FUND WAS FOUNDED IN 2008 TO LEAD THE CONTINUED PRESERVATION AND STEWARDSHIP OF COLORADOS HOME. OUR GOAL IS TO PRESERVE THE GOVERNORS RESIDENCE AT THE BOETTCHER MANSION AS A SPLENDID SHOWCASE OF THE STATES CULTURAL AND CIVIC HERITAGE AND AS A PLACE FOR THE PEOPLE OF COLORADO TO VISIT AND ENJOY. WHILE THIS HISTORIC HOME, THE BOETTCHER COLLECTION AND ITS OTHER ASSETS ARE OWNED BY THE STATE OF COLORADO, THE ORGANIZATION SERVES AS A CONDUIT IN THAT IT PLAYS A ROLE IN FUNDRAISING FOR AND MANAGING TO COMPLETION THOSE SPECIFIC RESTORATION AND PRESERVATION PROJECTS WHERE IT CAN MATCH NEEDED WORK WITH WILLING DONORS.
EDUCATION AND CIVIC LEARNING: THE GOVERNORS RESIDENCE IS IN A UNIQUE AND CENTRAL POSITION TO SHARE COLORADO HISTORY, HIGHLIGHT THE HERITAGE OF COLORADO PEOPLES, SHOWCASE COLORADO CULTURE, AND PROVIDE LESSONS IN HISTORY, LEADERSHIP AND CIVICS. WE SERVE MORE THAN 3,000 STUDENTS EVERY YEAR.
CULTURAL HERITAGE: THE GOVERNORS RESIDENCE SERVES AS AN EXQUISITE VENUE TO SHOWCASE PERFORMANCES FROM THE BEST OF COLORADOS CULTURAL SCENE AND AS A DELIGHTFUL BACKDROP FOR HIGHLIGHTING THE UNIQUE AND DIVERSE CULTURAL HERITAGE REPRESENTED THROUGHOUT THE STATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colleen M Criste Executive Dir. | OfficerTrustee | 40 | $51,500 |
Julie Lerudis Treasurer | OfficerTrustee | 4 | $0 |
JD Mccrumb Chairman | OfficerTrustee | 4 | $0 |
Jason Marsden Secretary | OfficerTrustee | 4 | $0 |
David Rote Ex Officio | Trustee | 1 | $0 |
Arlene Hirschfeld Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $38,565 |
| Related organizations | $0 |
| Government grants | $8,784 |
| All other contributions, gifts, grants, and similar amounts not included above | $186,089 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $233,438 |
| Total Program Service Revenue | $2,145 |
| Investment income | $33 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$2,331 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,220 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $236,505 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $51,500 |
| Compensation of current officers, directors, key employees. | $17,166 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,020 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,400 |
| Office expenses | $4,153 |
| Information technology | $1,724 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,167 |
| Insurance | $1,198 |
| All other expenses | $6,951 |
| Total functional expenses | $194,545 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $265,603 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $15,119 |
| Prepaid expenses and deferred charges | $1,364 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,661 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $37,504 |
| Other assets | $11,220 |
| Total assets | $334,471 |
| Accounts payable and accrued expenses | $4,082 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $987 |
| Total liabilities | $5,069 |
| Net assets without donor restrictions | $253,188 |
| Net assets with donor restrictions | $76,214 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $334,471 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Governors Residence Preservation Fund has recieved totaling $194,804.
| Awarding Organization | Amount |
|---|---|
Mdc Richmond American Homes Foundation Denver, CO PURPOSE: General Operating Support | $105,000 |
Boettcher Foundation Denver, CO PURPOSE: CAPITAL | $30,000 |
Boettcher Foundation Denver, CO PURPOSE: TRUSTEE INITIATED OPERATING SUPPORT | $20,000 |
Boettcher Foundation Denver, CO PURPOSE: TRUSTEE INITIATED OPERATING SUPPORT | $15,000 |
Pharmaceutical Research And Manufacturers Of America Washington, DC PURPOSE: General Contribution | $10,000 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $5,539 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Corn Heritage Village Of Corn Inc Corn, OK | $5,772,212 | $6,524,606 |
The Durham Museum Omaha, NE | $15,389,425 | $5,410,421 |
Logan County Historical Society Inc Guthrie, OK | $4,494,727 | $3,890,411 |
Historicorps Morrison, CO | $763,649 | $2,724,151 |
Fox Tucson Theatre Foundation Tucson, AZ | $11,879,318 | $4,013,342 |
Breckenridge Heritage Alliance Breckenridge, CO | $410,741 | $1,870,667 |
Docs Friends Inc Wichita, KS | $10,795,174 | $1,472,500 |
Prescott Frontier Days Inc Prescott, AZ | $1,824,378 | $1,478,402 |
American West Heritage Foundation Wellsville, UT | $3,082,934 | $1,494,150 |
Glen Canyon Conservancy Page, AZ | $3,490,803 | $1,543,846 |
Canyonlands Field Institute Inc Moab, UT | $5,225,217 | $972,612 |
Heart Mountain Wyoming Foundation Powell, WY | $9,452,012 | $2,858,388 |