Highlands Ranch Cultural Affairs Association
- Assets
- $303.1k
- Revenue
- $299.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Highlands Ranch, CO
- Founding
- 08/2001
- Data as of
- 12/2022
- EIN
- 31-1764221
Organization Overview
Highlands Ranch Cultural Affairs Association is located in Highlands Ranch, CO. The organization was established in 2001. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., 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. Highlands Ranch Cultural Affairs Association 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 12/2022, Highlands Ranch Cultural Affairs Association generated $299.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $271.3k during the year ending 12/2022. While expenses have increased by 1.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE HIGHLANDS RANCH CULTURAL AFFAIRS ASSOCIATION (CAA) FORMED IN FEBRUARY 2001 TO ADDRESS THE NEED FOR A CULTURAL FOUNDATION IN THE RAPIDLY GROWING COMMUNITY OF HIGHLANDS RANCH. THE CAA PROVIDES A CENTRAL ORGANIZATION FROM WHICH EDUCATIONAL, ARTISTIC, MUSICAL,THEATRICAL AND DANCE EVENTS ARE PROVIDED TO APPROXIMATELY 100,000 HIGHLANDS RANCH RESIDENTS AND SURROUNDING COMMUNITIES.
Describe the Organization's Program Activity:
THE CULTURAL AFFAIRS ASSOCIATION HOLDS OTHER VARIOUS COMMUNITY CULTURAL EVENTS THROUGHOUT THE YEAR INCLUDING A CLASSICAL MUSIC SERIES, WINTER CULTURAL PERFORMANCE SERIES, JULY 4TH CELEBRATION, CAR SHOW, AND THEATRICAL EVENTS, ETC.
THE CULTURAL AFFAIRS ASSOCIATION HOLDS THE OKTOBERFEST ANNUALLY. THIS IS A GERMAN STYLE PARTY FOR THE COMMUNITY WITH GERMAN BANDS, FOLK DANCERS, AND GERMAN FOOD.
THE CULTURAL AFFAIRS ASSOCIATION HOLDS THE SUMMER CONCERT SERIES ANNUALLY. THE CONCERT SERIES RUNS FOR EIGHT WEEKS IN THE SUMMER AND IS FREE TO THE PUBLIC, SHOWCASING A VARIETY OF MUSICAL GENRES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Allen President | OfficerTrustee | 1 | $0 |
Dan Debacco Treasurer | OfficerTrustee | 1 | $0 |
Monica Wasden Secretary | OfficerTrustee | 1 | $0 |
Brock Norris Director | Trustee | 1 | $0 |
Melissa Park Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $123,665 |
| All other contributions, gifts, grants, and similar amounts not included above | $51,574 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $175,239 |
| Total Program Service Revenue | $124,414 |
| Investment income | $5 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $299,658 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,051 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,289 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,389 |
| Advertising and promotion | $97 |
| Office expenses | $1,308 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,200 |
| 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 | $0 |
| Insurance | $21,285 |
| All other expenses | $0 |
| Total functional expenses | $271,258 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $184,252 |
| Savings and temporary cash investments | $33,245 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $256 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,674 |
| Net Land, buildings, and equipment | $70,631 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,992 |
| Total assets | $303,050 |
| Accounts payable and accrued expenses | $12,909 |
| 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 | $0 |
| Total liabilities | $12,909 |
| Net assets without donor restrictions | $290,141 |
| Net assets with donor restrictions | $0 |
| 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 | $303,050 |
Grants Awarded
Over the last fiscal year, Highlands Ranch Cultural Affairs Association has awarded $19,800 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
HIGHLANDS RANCH COMMUNITY ASSOCIATION INC PURPOSE: SUPPORT ARTS AND EDUCATION AND BACKCOUNTRY PROGRAMS OF HRCA | $6,600 |
HIGHLANDS RANCH COMMUNITY SCHOLARSHIP FUND PURPOSE: SUPPORT THERAPEUTIC RECREATION GRANTS FUNDED UNDER HRCSF | $6,600 |
HIGHLANDS RANCH BACKCOUNTRY CONSERVATION AND EDUCATION FUND PURPOSE: GENERAL SUPPORT | $6,600 |