Colorado Music Festival Endowment Fund

Organization Overview

Colorado Music Festival Endowment Fund is located in Boulder, CO. The organization was established in 1989. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Music Festival Endowment Fund 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, Colorado Music Festival Endowment Fund generated $67.4k 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 (6.8%) each year. All expenses for the organization totaled $80.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE FOR THE LONG-TERM SUSTAINABILITY OF THE COLORADO MUSIC FESTIVAL & CENTER FOR MUSICAL ARTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDES FINANCIAL SUPPORT FOR THE OPERATIONS AND LONG-TERM NEEDS OF THE COLORADO MUSIC FESTIVAL & CENTER FOR MUSICAL ARTS, A COLORADO NOT-FOR-PROFIT ORGANIZATION EXEMPT UNDER SECTION 501(C)(3).


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Tk Smith
President
$0
Doug Houston
Trustee
$0
Caryl Kassoy
Trustee
$0
Christopher Mueller
Trustee
$0
Andrea Berry
Trustee
$0
Anne Beer
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$14,908
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$14,908
Total Program Service Revenue$0
Investment income $20,109
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $32,430
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $67,447

Endowment Analysis

Beg. Balance$871,620
Earnings$108,021
Net Contributions$14,908
Grants$80,000
Ending Balance$914,549

Create an account to unlock the data you need.

or