Denver Turnverein Inc
- Assets
- $440.9k
- Revenue
- $126.3k
- Investments
- $0.0
- Employees
- 9
- Location
- Denver, CO
- Founding
- 01/2017
- Data as of
- 04/2021
- EIN
- 84-0188523
Organization Overview
Denver Turnverein Inc is located in Denver, CO. The organization was established in 2017. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 04/2021, Denver Turnverein Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Denver Turnverein Inc 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 04/2021, Denver Turnverein Inc generated $126.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $138.4k during the year ending 04/2021. As we would expect to see with falling revenues, expenses have declined by (9.2%) 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
FOUNDED IN 1865, THE HISTORIC DENVER TURNVEREIN PROMOTED THE PRACTICE & PERFORMANCE OF THE ARTS THAT MAINTAIN A SOUND BODY AND MIND WITHIN ITS MEMBERSHIP & THE DENVER METRO COMMUNITY. ITS OBJECTIVE IS TO MAINTAIN A CENTER FOR CULTURAL EDUCATION, PHYSICAL, SOCIAL AND CHARITABLE ACTIVITES IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DENVER TURNVEREIN OFFERS MULTIPLE TYPES OF DANCING AND DANCE LESSONS WEEKLY, AND SATURDAY DANCES MONTHLY. DANCE LESSONS ARE OFFERED FOR ALL EXPERIENCE LEVELS ON A 5,280 SQUARE FOOT DANCE FLOOR.
DENVER TURNVEREIN OPERATES A CASH BAR TO PROVIDE REFRESHMENTS AND COCKTAILS FOR THE CONVENIENCE OF THE ORGANIZATION'S MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arthur Abington President | OfficerTrustee | 1 | $0 |
Jim Pyke Treasurer | OfficerTrustee | 1 | $0 |
William Murakami Vice Preside | OfficerTrustee | 1 | $0 |
Tom Berg Member At La | OfficerTrustee | 1 | $0 |
Tina Davis Secretary | OfficerTrustee | 1 | $0 |
Abraham Mathew Member At La | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,596 |
| Investment income | $387 |
| 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 | $126,262 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $39,240 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,188 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,481 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $107 |
| Advertising and promotion | $2,064 |
| Office expenses | $6,720 |
| 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 | $10,810 |
| Insurance | $6,421 |
| All other expenses | $0 |
| Total functional expenses | $138,391 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $83,770 |
| Savings and temporary cash investments | $146,246 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,605 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,412 |
| Prepaid expenses and deferred charges | $2,400 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $440,919 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $18,592 |
| 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 | $14,530 |
| Other liabilities | $0 |
| Total liabilities | $33,122 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $407,797 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Denver Turnverein Inc has recieved totaling $6,319.
| Awarding Organization | Amount |
|---|---|
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $6,122 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $197 |
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 |