Dairy Center For The Arts
- Assets
- $10.9m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 44
- Location
- Boulder, CO
- Founding
- 06/1992
- Data as of
- 06/2023
- EIN
- 84-1149609
Organization Overview
Dairy Center For The Arts is located in Boulder, CO. The organization was established in 1992. According to its NTEE Classification (A90) the organization is classified as: Arts Services, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Dairy Center For The Arts employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dairy Center For The 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 06/2023, Dairy Center For The Arts generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (12.0%) each year. All expenses for the organization totaled $2.1m during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE DAIRY ARTS CENTER CONNECTS A DYNAMIC AND DIVERSE COMMUNITY TO CREATE INSPIRING AND ENGAGING EXPERIENCES IN THE PERFORMING, CINEMATIC, AND VISUAL ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DAIRY ARTS CENTER IS THE LARGEST MULTI-DISCIPLINARY ARTS CENTER IN BOULDER. THE 42,000 SQUARE FOOT FACILITY HOUSES THREE THEATERS, FOUR VISUAL ART GALLERIES, A SPACIOUS LOBBY, FULL CONCESSIONS, 65 SEAT CINEMA, 3 BALLET STUDIOS, AND 26 MUSIC STUDIOS. THE DAIRY ARTS CENTER PROVIDES PROFESSIONAL LIVE PERFORMANCE SUPPORT TO MORE THAN 100 LOCAL ARTS ORGANIZATIONS INCLUDING TICKETING SYSTEMS, BOX OFFICE SERVICES, BUILDING MAINTENANCE, THEATRICAL SUPPORT, CONCESSIONS AND THEATER VENUE, STUDIO AND OFFICE RENTALS. "DAIRY PRESENTS" PROVIDES ADDITIONAL PROGRAMMING DESIGNED TO SUPPLEMENT ARTISTIC CONTENT PROVIDED BY THE MANY RENTING ARTS ORGANIZATIONS AND INCLUDES: MUSIC CONCERTS, COMEDY, MAGIC, EDUCATION AND COMMUNITY EVENTS, VISUAL ART EXHIBITIONS, AND A FULL SLATE OF FOREIGN AND INDEPENDENT FILMS SCREENED IN OUR ART HOUSE CINEMA. EXPENSES FOR PROGRAMS INCLUDE: ARTIST FEES; COMPENSATION FOR PROGRAM DIRECTOR, THEATER TECH DIRECTORS, VISUAL ARTS CURATOR, ART EXHIBIT INSTALLERS, BOX OFFICE STAFF, MARKETING DIRECTOR, CINEMA STAFF, AND CONCESSIONS STAFF; TICKETING PLATFORM, TICKET PRINTERS & SUPPLIES; AND ALL EXPENSES IN SUPPORT OF OVERALL FACILITY AND TECH MAINTENANCE TO INCLUDE ALL THEATERS, PUBLIC SPACES, GALLERY SPACES, AND A PORTION OF OUR TENANT SPACES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Fathman Executive Di | Officer | 40 | $98,503 |
Jenn Mendelson President | OfficerTrustee | 1 | $0 |
Elizabeth Francis Vice Preside | OfficerTrustee | 1 | $0 |
Lisa Albright Secretary | OfficerTrustee | 1 | $0 |
Haicheng Li CFA Treasurer | OfficerTrustee | 1 | $0 |
Lauren Folkerts Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $172,938 |
| Related organizations | $0 |
| Government grants | $243,780 |
| All other contributions, gifts, grants, and similar amounts not included above | $454,503 |
| Noncash contributions included in lines 1a–1f | $5,309 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $871,221 |
| Total Program Service Revenue | $500,029 |
| Investment income | $36,326 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $387,089 |
| 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 | $100,686 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,895,351 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $125,581 |
| Compensation of current officers, directors, key employees. | $94,186 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $715,306 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $42,728 |
| Payroll taxes | $68,549 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,496 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,434 |
| Advertising and promotion | $19,367 |
| Office expenses | $21,772 |
| Information technology | $61,588 |
| Royalties | $0 |
| Occupancy | $200,874 |
| 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 | $285,612 |
| Insurance | $0 |
| All other expenses | $36,218 |
| Total functional expenses | $2,087,800 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $211,764 |
| Savings and temporary cash investments | $358,146 |
| Pledges and grants receivable | $218,900 |
| Accounts receivable, net | $75,768 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $16,129 |
| Prepaid expenses and deferred charges | $276 |
| Net Land, buildings, and equipment | $8,199,452 |
| Investments—publicly traded securities | $1,803,192 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $42,000 |
| Total assets | $10,925,627 |
| Accounts payable and accrued expenses | $88,254 |
| Grants payable | $0 |
| Deferred revenue | $162,912 |
| 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 | $0 |
| Total liabilities | $251,166 |
| Net assets without donor restrictions | $10,439,862 |
| Net assets with donor restrictions | $234,599 |
| 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 | $10,925,627 |
Grants Awarded
Over the last fiscal year, Dairy Center For The Arts has awarded $20,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ASCEN DANCE PROJECT LLC PURPOSE: EVENT | $6,668 |
GINGA PURPOSE: EVENT | $6,666 |
MUSEO DE LAS AMERICAS PURPOSE: EVENT | $6,666 |