Boulder Metalsmithing Association
- Assets
- $226.9k
- Revenue
- $248.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Boulder, CO
- Founding
- 06/2013
- Data as of
- 12/2022
- EIN
- 46-1995739
Organization Overview
Boulder Metalsmithing Association is located in Boulder, CO. The organization was established in 2013. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Boulder Metalsmithing 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, Boulder Metalsmithing Association generated $248.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.2% each year . All expenses for the organization totaled $224.1k during the year ending 12/2022. While expenses have increased by 22.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
LOCATED IN THE NOBO ART DISTRICT AND ESTABLISHED IN 2009, THE MISSION OF BOULDER METALSMITHING ASSOCIATION (BOMA) IS TO EDUCATE PEOPLE ABOUT THE CREATIVE AND TECHNICAL PROCESSES OF METALSMITHING AND OFFER ARTISTS, HOBBYISTS AND JEWELERS A PLACE TO WORK. WE ACHIEVE THIS MISSION BY: O OFFERING THE COMMUNITY AFFORDABLE DEMONSTRATIONS AND EXCEPTIONAL HANDS-ON WORKSHOPS TAUGHT BY WORLD-CLASS INSTRUCTORS; O MAKING SHARED OPEN STUDIO TIME, TOOLS AND EQUIPMENT AVAILABLE TO INDIVIDUAL ARTISTS; O PROVIDING EXHIBITION OPPORTUNITIES FOR ARTISTS TO SHOW AND SELL THEIR WORK; O OFFERING AN ANNUAL TRAIN-THE-TRAINER METALSMITHING PROGRAM CALLED "ENHANCING ART THROUGH METALSMITHING" FOR LOCAL ART TEACHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKSHOPS: HANDS ON WORKSHOPS ARE PRICED BELOW MARKET VALUE AND THE CLASS SIZES ARE SMALL OPEN STUDIO: SHARED STUDIO HOSTS ARTISTS WHO MAY NOT HAVE OTHER WORKSPACES. FEES ARE BELOW MARKET AVERAGE. ENHANCING ART: LOCAL PUBLIC SCHOOL ART TEACHERS RECEIVE TRAINING IN METALSMITHING AND ARE ABLE TO BORROW EQUIPMENT TO USE IN CLASSROOMS WITH A REACH OF >600 STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Letter Secretary | Officer | $0 | |
Leslie Maya Charles President | Officer | $0 | |
Jamie Mclandsborough Treasurer | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $34,026 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $88,055 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $122,081 |
| Total Program Service Revenue | $126,443 |
| Investment income | $0 |
| 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 | $248,524 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $51,439 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,989 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $167,333 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $224,061 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $225,439 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,434 |
| Total assets | $226,873 |
| Accounts payable and accrued expenses | $0 |
| 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 | $29,405 |
| Total liabilities | $29,405 |
| Net assets without donor restrictions | $197,468 |
| 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 | $226,873 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Boulder Metalsmithing Association has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mosaic Employee Welfare Benefit Plan Trust Omaha, NE | $7,371,640 | $16,223,052 |
Phoenix Painting Industry Trust Fund Phoenix, AZ | $8,745,449 | $4,690,569 |
Redline Denver, CO | $19,188,382 | $2,483,556 |
National Council On Education For The Ceramic Arts Boulder, CO | $3,277,590 | $1,203,112 |
Cherry Creek Arts Festival Denver, CO | $2,617,133 | $1,539,850 |
Art Association Of Jackson Hole Jackson, WY | $1,265,273 | $1,643,063 |
Foothills Art Center Inc Golden, CO | $2,162,133 | $1,395,944 |
Studio Arts Boulder Inc Boulder, CO | $3,831,022 | $2,254,756 |
Craft Lake City Salt Lake City, UT | $319,746 | $884,315 |
The Art Base Basalt, CO | $2,805,955 | $1,249,612 |
Turrell Art Foundation Flagstaff, AZ | $84,539,675 | $27,051,414 |
Lux Center For The Arts Lincoln, NE | $2,353,211 | $746,199 |