Colorado Photographic Arts Center Inc
- Assets
- $651.3k
- Revenue
- $556.7k
- Investments
- $0.0
- Employees
- 4
- Location
- Denver, CO
- Founding
- 07/1964
- Data as of
- 12/2022
- EIN
- 84-6036988
Organization Overview
Colorado Photographic Arts Center Inc is located in Denver, CO. The organization was established in 1964. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Colorado Photographic Arts Center Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Photographic Arts Center 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 12/2022, Colorado Photographic Arts Center Inc generated $556.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $339.9k during the year ending 12/2022. While expenses have increased by 8.6% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CPAC IS DEDICATED TO FOSTERING THE UNDERSTANDING AND APPRECIATION OF EXCELLENT PHOTOGRAPHY IN ALL FORMS AND CONCEPTS THROUGH EDUCATION, EXHIBITIONS, AND OUTREACH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION - CPAC'S PROGRAM OF CLASSES, WORKSHOPS, AND LECTURES IS GEARED TOWARD CREATIVE DEVELOPMENT FOR ARTISTS SEEKING TO FURTHER THEIR SKILLS AND CAREERS AND DEVELOPING PROGRAMS THAT ENGAGE AUDIENCES IN DIALOGUE AND EXPLORATION OF CONTEMPORARY PHOTOGRAPHY. IN ADDITION, CPAC PROVIDES RESOURCES TO EMERGING ARTISTS, OFFERING STUDIO, TOOLS, AND TECHNOLOGY TO SUPPORT THE CREATION OF ARTWORK. VETERANS WORKSHOP - THE VETERANS WORKSHOP SERIES STARTED IN 2017 IS A RIGOROUS, FREE EDUCATION PROGRAM THAT GIVES LOCAL MILITARY VETERANS AN ACCESSIBLE PATHWAY TO THE PROFESSIONAL PHOTOGRAPHY WORLD. OVER FIVE MONTHS, STUDENTS LEARN TO DEVELOP A FORMAL PORTFOLIO THROUGH IN-DEPTH WORKSHOPS AND MENTORING SESSIONS. THE PROGRAM CULMINATES IN A PUBLIC EXHIBITION AT CPAC AND A PUBLISHED CATALOG. IN ADDITION, THE PROGRAM OFFERS VETERANS A SAFE, ACCESSIBLE, POSITIVE WAY TO CHANNEL EMOTIONS, EXPRESS CREATIVITY, GAIN CONFIDENCE, INTEGRATE WITH SOCIETY, AND BUILD COMMUNITY.
FOUNDED IN 2004, MONTH OF PHOTOGRAPHY DENVER (MOP) IS A BIENNIAL FESTIVAL THAT CELEBRATES THE PHOTOGRAPHIC MEDIUM THROUGH EXHIBITS, EVENTS AND PROGRAMS AT MORE THAN 80 VENUES THROUGHOUT THE DENVER METRO REGION. THE NEXT MOP FESTIVAL WILL TAKE PLACE IN MARCH 2023 AND WILL PRESENT DYNAMIC PROGRAMMING DESIGNED TO INSPIRE AND INVIGORATE THE PHOTOGRAPHY COMMUNITY, AS WELL AS OFFER A COMPREHENSIVE RESOURCE OF PHOTOGRAPHIC EXHIBITIONS AND EVENTS TO THE PUBLIC. MOP 2023 WILL INCLUDE A WEEKEND OF PORTFOLIO REVIEWS, A PUBLIC PORTFOLIO WALK, EXHIBITIONS, ARTIST TALKS, PANEL DISCUSSIONS, TOURS, RECEPTIONS, AND OTHER EVENTS.
EXHIBITIONS - CPAC PRESENTS AN EXTENSIVE PROGRAM OF EXHIBITIONS WITH A STRONG EMPHASIS ON CONTEMPORARY IDEAS AND APPROACHES TO THE MEDIUM. EXHIBITIONS CONTINUE TO PRESENT NATIONALLY RECOGNIZED ARTISTS FROM BOTH COLORADO AND OUT-OF-STATE, AND REGIONAL ARTISTS WHO ARE DEVELOPING CAREERS AND REFINING CONCEPTS. EACH CALENDAR YEAR AVERAGES SEVEN EXHIBITION SLOTS FOR A TOTAL OF 7-14 SEPARATE SHOWS. EXHIBITIONS RANGE FROM SOLO TO GROUP SHOWS AND REPRESENT BETWEEN 1 AND 30+ ARTISTS IN EACH. A MORE COHESIVE FOCUS TO ITS PROGRAMMING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anna Nadasdy Board Chair | OfficerTrustee | 5 | $0 |
Beth Warren Vice Chair | OfficerTrustee | 5 | $0 |
Lance Burch Secretary | OfficerTrustee | 5 | $0 |
Nathan Gulash Treasurer | OfficerTrustee | 10 | $0 |
John Kenney Board Member | Trustee | 2 | $0 |
Ed Reed Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $31,375 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $127,791 |
| All other contributions, gifts, grants, and similar amounts not included above | $302,091 |
| Noncash contributions included in lines 1a–1f | $60,357 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $461,257 |
| Total Program Service Revenue | $80,677 |
| Investment income | $929 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $13,864 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $556,727 |
| 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. | $68,269 |
| Compensation of current officers, directors, key employees. | $7,202 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $61,159 |
| Pension plan accruals and contributions | $1,195 |
| Other employee benefits | $4,717 |
| Payroll taxes | $9,902 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,457 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $53,098 |
| Advertising and promotion | $0 |
| Office expenses | $27,727 |
| Information technology | $16,565 |
| Royalties | $0 |
| Occupancy | $52,692 |
| Travel | $5,023 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $760 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,976 |
| All other expenses | $2,471 |
| Total functional expenses | $339,905 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $262,208 |
| Savings and temporary cash investments | $56,857 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $181,998 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $150,280 |
| Total assets | $651,343 |
| Accounts payable and accrued expenses | $2,650 |
| 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 | $0 |
| Total liabilities | $2,650 |
| Net assets without donor restrictions | $644,622 |
| Net assets with donor restrictions | $4,071 |
| 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 | $651,343 |