Denver Center For The Performing Arts
- Assets
- $79.4m
- Revenue
- $53.5m
- Investments
- $1.6m
- Employees
- 536
- Location
- Denver, CO
- Founding
- 03/1955
- Data as of
- 06/2020
- EIN
- 84-0407760
Organization Overview
Denver Center For The Performing Arts is located in Denver, CO. The organization was established in 1955. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Denver Center For The Performing Arts employed 536 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Denver Center For The Performing Arts 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 06/2020, Denver Center For The Performing Arts generated $53.5m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $51.5m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
WE ENGAGE AND INSPIRE THROUGH THE TRANSFORMATIVE POWER OF LIVE THEATRE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THEATRE COMPANY:THE THEATRE COMPANY DIVISION FEATURES WORLD PREMIERE PLAYS, WELL-LOVED CLASSICS, INTERACTIVE THEATRE EXPERIENCES AND FAVORITES FROM EVERY GENRE.
BROADWAY:THE BROADWAY DIVISIONS PRESENTS BROADWAY TOURING SHOWS TO DENVER AND PRODUCES PLAYS AND MUSICALS.
EDUCATION:THE EDUCATION DIVISION SERVES INDIVIDUALS OF ALL AGE AND EXPERIENCE LEVELS THROUGH EXTENSIVE PROGRAMS THAT ARE UNIQUE AND INNOVATIVE. CLASSES ARE OFFERED BOTH ON-SITE AND IN SCHOOLS AND INCLUDE ACTING CLASSES, MASTER CLASSES, HIGH SCHOOL PLAYWRITING AND MUSICAL THEATRE COMPETITIONS, AND CORPORATE TRAINING.
OTHER PROGRAM SERVICES INCLUDE RENTAL AND OTHER SERVICES WHICH SUPPORT THE DENVER CENTER FOR THE PERFORMING ARTS IN ITS MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janice Sinden President And CEO | Officer | 40 | $283,596 |
Chris Coleman Artistic Director, Theatre Company | Officer | 40 | $240,094 |
Gretchen Hollrah COO | Officer | 40 | $224,665 |
John Ekeberg Executive Director, Broadway | Officer | 40 | $176,820 |
Lisa Mallory VP Of Marketing And Sales | Officer | 40 | $164,348 |
Charles Varin Managing Director, Theatre Company | 40 | $160,519 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Autumn Smile Us Tour Llc Theatre Production | 6/29/22 | $829,219 |
Tootsie On Tour Llc Theatre Production | 6/29/22 | $802,940 |
Mrb Tour Llc Theatre Production | 6/29/22 | $2,524,079 |
And Peggy Tour Limited Liability Company Theatre Production | 6/29/22 | $12,693,547 |
Cats Touring Ne Llc Theatre Production | 6/29/22 | $383,563 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,808,333 |
| Investment income | $517,015 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $192,330 |
| Net Rental Income | $514,667 |
| Net Gain/Loss on Asset Sales | $30,427 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $516,030 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $53,451,587 |
| 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. | $2,338,423 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,144,234 |
| Pension plan accruals and contributions | $249,061 |
| Other employee benefits | $2,815,354 |
| Payroll taxes | $1,104,619 |
| Fees for services: Management | $452,076 |
| Fees for services: Legal | $56,033 |
| Fees for services: Accounting | $105,388 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $113,242 |
| Fees for services: Other | $175,091 |
| Advertising and promotion | $3,252,572 |
| Office expenses | $472,417 |
| Information technology | $586,532 |
| Royalties | $219,634 |
| Occupancy | $2,531,112 |
| Travel | $469,929 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,051 |
| Interest | $17,287 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,172,404 |
| Insurance | $389,072 |
| All other expenses | $0 |
| Total functional expenses | $51,485,506 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,771,077 |
| Savings and temporary cash investments | $158,701 |
| Pledges and grants receivable | $4,238,945 |
| Accounts receivable, net | $7,596,356 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $46,096 |
| Prepaid expenses and deferred charges | $4,108,032 |
| Investments—publicly traded securities | $13,388,501 |
| Investments—other securities | $1,605,643 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $331,630 |
| Total assets | $79,355,103 |
| Accounts payable and accrued expenses | $5,077,071 |
| Grants payable | $0 |
| Deferred revenue | $34,747,150 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $192,761 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $4,009,517 |
| Other liabilities | $111,070 |
| Total liabilities | $44,137,569 |
| 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 | $35,217,534 |
Grants Recieved
Over the last fiscal year, we have identified 62 grants that Denver Center For The Performing Arts has recieved totaling $1,392,653.
| Awarding Organization | Amount |
|---|---|
Mdc Richmond American Homes Foundation Denver, CO PURPOSE: General Operating Support | $260,000 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $181,846 |
Genesee Mountain Foundation Denver, CO PURPOSE: CHARITABLE | $119,084 |
Denver Foundation Denver, CO PURPOSE: THIS GRANT IS MADE IN ASSOCIATION WITH COLORADO GIVES DAY. | $107,220 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $90,600 |
Bolin Foundation Denver, CO PURPOSE: GENERAL CONTRIBUTION | $70,000 |
Endowment Analysis
| Beg. Balance | $3,448,424 |
| Earnings | -$377,135 |
| Other Expense | $84,919 |
| Ending Balance | $2,986,370 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Denver Center For The Performing Arts Denver, CO | $79,355,103 | $53,451,587 |
Oklahoma Contemporary Arts Center Inc Oklahoma City, OK | $30,073,274 | $4,620,457 |
Vilar Center Arts Foundation Avon, CO | $21,813,325 | $6,525,406 |
Tulsa Performing Arts Center Trust Tulsa, OK | $9,008,592 | $6,495,113 |
Producers Live Stock Cr Corp Omaha, NE | $188,745,900 | $8,023,454 |
Center For The Arts Crested Butte, CO | $20,478,017 | $2,980,319 |
Fonner Park Exposition And Events Center Inc Grand Island, NE | $3,469,214 | $2,166,552 |
Friends Of Levitt Pavilion Denver Denver, CO | $1,477,528 | $3,241,132 |
Phoenix Performing Arts Center Inc Phoenix, AZ | $1,404,123 | $1,426,991 |
St Lukes Performing Arts Academy Highlands Ranch, CO | $808,627 | $1,082,453 |
Orpheum Performing Arts Centre Ltd Wichita, KS | $3,982,044 | $1,347,692 |
Wyo Theatre Inc Sheridan, WY | $4,306,747 | $947,384 |