Carbondale Arts
- Assets
- $1.7m
- Revenue
- $896.2k
- Investments
- $0.0
- Employees
- 6
- Location
- Carbondale, CO
- Founding
- 01/1979
- Data as of
- 12/2021
- EIN
- 84-0729842
Organization Overview
Carbondale Arts is located in Carbondale, CO. The organization was established in 1979. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Carbondale Arts employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carbondale 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 12/2021, Carbondale Arts generated $896.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $872.5k during the year ending 12/2021. While expenses have increased by 8.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PUBLIC ACCESS TO VISUAL & PERFORMING ARTS. MISSION IS TO BRING THE ARTS TO THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GALLERY AND ARTIQUE SALES WHERE LOCAL ARTISTS SHOWCASE AND SELL THEIR ARTWORK TO THE PUBLIC.
COLORADO MOUNTAIN FAIR IS AND ANNUAL FAIR OPEN TO THE PUBLIC FEATURING ARTS, CRAFTS AND PERFORMING ARTS.
ART PERFORMANCE CLASSES FOR CHILDREN AND ADULTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leah Swan Co-Chair | OfficerTrustee | 2 | $0 |
Katy Parr Co-Chair | OfficerTrustee | 2 | $0 |
Raychl Keeling Treasurer | OfficerTrustee | 2 | $0 |
Elizabeth Hanke Secretary | OfficerTrustee | 2 | $0 |
Brian Golden Director | Trustee | 1 | $0 |
Brooke Bockelman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $23,410 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $27,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $173,514 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $224,424 |
| Total Program Service Revenue | $579,937 |
| Investment income | $91,823 |
| 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 | $896,184 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $7,247 |
| 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 | $249,869 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,068 |
| Payroll taxes | $21,287 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,571 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $94,434 |
| Advertising and promotion | $27,846 |
| Office expenses | $16,844 |
| Information technology | $5,619 |
| Royalties | $0 |
| Occupancy | $12,344 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,271 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,602 |
| Insurance | $7,526 |
| All other expenses | $1,150 |
| Total functional expenses | $872,466 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $545,310 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,587 |
| 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 | $123,450 |
| Investments—publicly traded securities | $1,012,285 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,686,632 |
| Accounts payable and accrued expenses | $137,269 |
| Grants payable | $0 |
| Deferred revenue | $2,645 |
| 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 | $122,142 |
| Other liabilities | $0 |
| Total liabilities | $262,056 |
| Net assets without donor restrictions | $1,370,639 |
| Net assets with donor restrictions | $53,937 |
| 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 | $1,686,632 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Carbondale Arts has recieved totaling $46,404.
| Awarding Organization | Amount |
|---|---|
Aspen Community Foundation Basalt, CO PURPOSE: GENERAL SUPPORT | $11,500 |
Addy Foundation Carbondale, CO PURPOSE: GENERAL PURPOSE | $10,000 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $6,552 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $5,500 |
Pittsburgh Foundation Pittsburgh, PA PURPOSE: ARTS, CULTURE AND HUMANITIES | $5,500 |
Brady Foundation Salisbury, NC PURPOSE: CHARITABLE USE | $2,200 |
Endowment Analysis
| Beg. Balance | $968,949 |
| Earnings | $91,823 |
| Other Expense | $48,487 |
| Ending Balance | $1,012,285 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Scottsdale Cultural Council Scottsdale, AZ | $11,025,722 | $9,457,681 |
Western States Arts Federation Denver, CO | $9,116,686 | $6,773,845 |
Arts Council Of Oklahoma City Oklahoma City, OK | $5,417,646 | $3,471,903 |
Arts Foundation For Tucson And Southern Arizona Tucson, AZ | $962,823 | $2,764,591 |
Arts And Humanities Council Of Tulsa Inc Tulsa, OK | $13,547,923 | $1,595,922 |
Nebraska Humanities Council Lincoln, NE | $300,556 | $1,742,597 |
Loveland High Plains Arts Council Inc Loveland, CO | $824,395 | $2,062,390 |
Salt Lake Arts Council Foundation Salt Lake City, UT | $1,578,268 | $2,133,751 |
Union For Contemporary Art Inc Omaha, NE | $4,100,351 | $2,843,847 |
Carbondale Arts Carbondale, CO | $1,686,632 | $896,184 |
New Mexico Endowment For The Humanities Albuquerque, NM | $1,043,717 | $907,331 |
Flagstaff Arts Council Flagstaff, AZ | $449,865 | $873,786 |