Platteforum
- Assets
- $599.9k
- Revenue
- $911.5k
- Investments
- $0.0
- Employees
- 9
- Location
- Denver, CO
- Founding
- 11/2002
- Data as of
- 08/2022
- EIN
- 71-0891869
Organization Overview
Platteforum is located in Denver, CO. The organization was established in 2002. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2022, Platteforum employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Platteforum 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 08/2022, Platteforum generated $911.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $582.1k during the year ending 08/2022. While expenses have increased by 8.9% 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
USING THE ARTS AS A BRIDGE, WE CONNECT YOUTH AND ARTISTS WITH RESOURCES TO REACH THEIR FULL POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
USING THE ARTS AS A BRIDGE, WE CONNECT YOUTH AND PROFESSIONAL ARTISTS WITH RESOURCES TO REACH THEIR FULL POTENTIAL. PLATTEFORUM PROVIDES YOUTH THE OPPORTUNITY TO DEVELOP PERSONAL, ACADEMIC, LEADERSHIP AND LIFE SKILLS, RECEIVE CRITICAL FEEDBACK AND LEARN TO WORK AS PART OF A TEAM. OUR COLLABORATION WITH ARTISTS AND COMMUNITY MEMBERS HELP INFORM YOUTH ON THE IMPORTANCE OF COMMUNITY INVOLVEMENT AND ENCOURAGE THEM TO BECOME A FORCE FOR GOOD WITHIN THEIR OWN COMMUNITIES. INFORMATIVE AND EDUCATIONAL ACTIVITIES LIKE FIELD-TRIPS AND PARTICIPATION IN A VARIETY OF EVENTS HELP TO REMOVE EXACERBATING ROADBLOCKS TO ACADEMIC SUCCESS AND GRADUATION, SUCH AS: HUNGER, LACK OF TECHNOLOGY ACCESS, LIMITED ACCESS TO TUTORING AND MENTAL HEALTH SUPPORT, HOMELESSNESS, AND LACK OF PARENTAL SUPPORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Mccarty Executive Di | Officer | 40 | $71,839 |
Michael Gadlin Board Member | Trustee | 1 | $0 |
Keith Ambuhl Board Chair | OfficerTrustee | 2 | $0 |
Will Chan Vice Chair | OfficerTrustee | 2 | $0 |
Nicole Taylor Secretary | OfficerTrustee | 2 | $0 |
Tobias Krause Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $296,066 |
| All other contributions, gifts, grants, and similar amounts not included above | $612,374 |
| Noncash contributions included in lines 1a–1f | $462 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $908,440 |
| Total Program Service Revenue | $1,714 |
| Investment income | $415 |
| 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 | $911,521 |
| 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. | $105,547 |
| Compensation of current officers, directors, key employees. | $4,294 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $167,352 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,583 |
| Payroll taxes | $20,686 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,945 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $18,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,723 |
| Advertising and promotion | $7,850 |
| Office expenses | $36,536 |
| Information technology | $5,797 |
| Royalties | $0 |
| Occupancy | $47,546 |
| Travel | $7,516 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,730 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,690 |
| Insurance | $6,262 |
| All other expenses | $9,145 |
| Total functional expenses | $582,100 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,905 |
| Savings and temporary cash investments | $300,599 |
| Pledges and grants receivable | $151,103 |
| 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 | $3,705 |
| Net Land, buildings, and equipment | $58,716 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $31,846 |
| Total assets | $599,874 |
| Accounts payable and accrued expenses | $25,306 |
| 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 | $114,583 |
| Other liabilities | $0 |
| Total liabilities | $139,889 |
| Net assets without donor restrictions | $428,139 |
| Net assets with donor restrictions | $31,846 |
| 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 | $599,874 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Platteforum has recieved totaling $251,971.
| Awarding Organization | Amount |
|---|---|
Mile High United Way Inc Denver, CO PURPOSE: OTHER GRANT | $75,000 |
Denver Foundation Denver, CO PURPOSE: ARTIST FEES FOR RESIDENT ARTISTS | $45,900 |
Western States Arts Federation Denver, CO PURPOSE: SUBAWARDS | $43,839 |
Riverfront Park Community Foundation Denver, CO PURPOSE: Arts, Culture & Humanities | $40,000 |
Rose Community Foundation Denver, CO PURPOSE: Artlab: Addressing Equity, Inclusion And Engagement Through The Arts | $25,250 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $11,982 |
Endowment Analysis
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 |