Boulder County Arts Alliance Inc
- Assets
- $1.7m
- Revenue
- $738.9k
- Investments
- $0.0
- Employees
- 4
- Location
- Boulder, CO
- Founding
- 08/1966
- Data as of
- 12/2021
- EIN
- 84-0566939
Organization Overview
Boulder County Arts Alliance Inc is located in Boulder, CO. The organization was established in 1966. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Boulder County Arts Alliance Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boulder County Arts Alliance 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 12/2021, Boulder County Arts Alliance Inc generated $738.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $769.0k during the year ending 12/2021. 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
PROVIDE LEADERSHIP, RESOURCES, AND ADVOCACY FOR THE BOULDER ARTS COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO ART AND HUMANITIES GROUPS AND TO INDIVIDUALS FOR ARTS PROJECTS. ARTS ADVOCACY, EDUCATION AND EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charlotte Lasasso Executive Dir. | Officer | 40 | $60,900 |
Matthew Clifford Treasurer | Officer | 4 | $0 |
Ann Moss Board Member | Trustee | 2 | $0 |
So Young Lee Board Member | Trustee | 2 | $0 |
Justin Veach Board President | Trustee | 2 | $0 |
Cindy Sepucha Secretary | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $10,634 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $48,754 |
| All other contributions, gifts, grants, and similar amounts not included above | $631,469 |
| Noncash contributions included in lines 1a–1f | $11,250 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $690,857 |
| Total Program Service Revenue | $22,858 |
| Investment income | $25,199 |
| 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 | $738,914 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $622,450 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $60,900 |
| Compensation of current officers, directors, key employees. | $9,135 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,499 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,124 |
| Payroll taxes | $5,615 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,873 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,167 |
| Fees for services: Other | $780 |
| Advertising and promotion | $0 |
| Office expenses | $1,511 |
| Information technology | $11,250 |
| Royalties | $0 |
| Occupancy | $5,160 |
| Travel | $574 |
| 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 | $196 |
| Insurance | $2,098 |
| All other expenses | $115 |
| Total functional expenses | $768,979 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $221,207 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,000 |
| 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 | $783 |
| Investments—publicly traded securities | $1,492,459 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,719,449 |
| Accounts payable and accrued expenses | $8,258 |
| 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 | $1 |
| Total liabilities | $8,259 |
| Net assets without donor restrictions | $1,711,190 |
| 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 | $1,719,449 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Boulder County Arts Alliance Inc has recieved totaling $271,590.
| Awarding Organization | Amount |
|---|---|
The Community Foundation Boulder, CO PURPOSE: Community support following 2021 south Boulder shooting, general operating support, and Covid-19-related artist relief | $123,492 |
Ayco Charitable Foundation Cohoes, NY PURPOSE: ARTS AND CULTURE | $93,700 |
Rose Community Foundation Denver, CO PURPOSE: "Postpone Nothing" Program | $15,000 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $12,527 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $10,250 |
New England Foundation For The Arts Inc Boston, MA PURPOSE: GENERAL OPERATING, CREATION AND/OR PRESENTING SUPPORT | $10,000 |
Endowment Analysis
| Beg. Balance | $1,357,797 |
| Earnings | -$84,954 |
| Admin Expense | $15,086 |
| Other Expense | $24,000 |
| Grants | $49,574 |
| Ending Balance | $1,184,183 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kaizen Educational Foundation Phoenix, AZ | $53,687,317 | $45,601,979 |
Net Foundation For Television Lincoln, NE | $25,243,567 | $5,881,957 |
Allied Arts Of Oklahoma Inc Oklahoma City, OK | $9,236,321 | $5,698,295 |
Civic Center Foundation Oklahoma City, OK | $10,342,313 | $5,787,753 |
Days Of 47 Rodeo Salt Lake Salt Lake City, UT | $973,700 | $2,883,877 |
Kim Foundation Omaha, NE | $13,392,339 | $1,364,269 |
Redbud Foundation Topeka, KS | $13,980,299 | $14,104,221 |
Heritage Services Omaha, NE | $5,191,570 | $1,133,044 |
Fox Family Foundation Denver, CO | $12,191,378 | $91,435 |
Boulder County Arts Alliance Inc Boulder, CO | $1,719,449 | $738,914 |
National Historical Fire Foundation Scottsdale, AZ | $8,615,941 | $1,144,063 |
Omaha Philanthropic Trust Omaha, NE | $1,425,885 | $60,183 |