Colorado Historical Foundation
- Assets
- $10.1m
- Revenue
- $528.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Golden, CO
- Founding
- 02/1966
- Data as of
- 06/2022
- EIN
- 84-6043555
Organization Overview
Colorado Historical Foundation is located in Golden, CO. The organization was established in 1966. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Colorado Historical Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Historical Foundation 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 06/2022, Colorado Historical Foundation generated $528.9k 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 (9.4%) each year. All expenses for the organization totaled $630.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 years. 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
THE COLORADO HISTORICAL FOUNDATION WAS ESTABLISHED IN 1965 TO ADVANCE THE STUDY AND PRESERVATION OF COLORADO'S HISTORY AND HISTORIC PROPERTIES. WHILE ORIGINAL EFFORTS FOCUSED PRIMARILY ON PROJECTS OF SPECIAL INTEREST TO THE COLORADO STATE HISTORICAL SOCIETY (HISTORY COLORADO), THE FOUNDATION REGULARLY COLLABORATES WITH OTHER ENTITIES PRESERVING AND SHOWCASING COLORADO HISTORY. THE FOUNDATION'S FOUR FOCUS AREAS: ACCEPTING AND MONITORING HISTORIC PRESERVATION EASEMENTS, ADMINISTERING A HISTORIC PRESERVATION REVOLVING LOAN FUND, PROJECT CONSULTATION AND SUPPORT, AS WELL AS STEWARDING ENDOWMENTS AND RESTRICTED FUNDS TO SUPPORT ORGANIZATIONS AND PROJECTS THAT FURTHER THE FOUNDATION'S MISSION.FOR OVER 40 YEARS, THE FOUNDATION'S EASEMENT PROGRAM HAS PROTECTED HISTORIC BUILDINGS, STRUCTURES AND LANDSCAPES THAT EMBODY COLORADO'S STORIED LEGACIES AND UNIQUE SENSE OF PLACE. AT THE END OF THIS FISCAL YEAR, THE ORGANIZATION HAD 113 EASEMENTS STATEWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDS STEWARDSHIP: THE COLORADO HISTORICAL FOUNDATION MANAGES ENDOWMENTS, RESTRICTED AND CUSTODIAL FUNDS TO BENEFIT ORGANIZATIONS AND PROJECTS WHICH FURTHER THE FOUNDATION'S MISSION.
EASEMENTS AND PRESERVATION: THE ORGANIZATION ACCEPTS AND MONITORS CONSERVATION EASEMENTS TO ENSURE THE DEFINING CHARACTERISTICS OF HISTORIC STRUCTURES AND HISTORICALLY IMPORTANT LAND AREAS ARE PRESERVED AND PROTECTED. ADDITIONAL PRESERVATION SERVICES INCLUDE CONSULTATION, GRANT ADMINISTRATION AND PROJECT MANAGEMENT IN PARTNERSHIP WITH ENTITIES CARRYING OUT HISTORIC PRESERVATION AND RELATED RESEARCH PROJECTS.
ADDITIONALLY, THE FOUNDATION PROVIDES SUPPORT TO THE CHF REVOLVING LOAN FUND WHICH FINANCES HISTORIC PROPERTY REDEVELOPMENT IN LINE WITH THE "SECRETARY OF THE INTERIOR'S STANDARDS FOR THE TREATMENT OF HISTORIC PROPERTIES."
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Stroh Executive Director | Officer | 40 | $114,990 |
Dominick Sekich President | OfficerTrustee | 3 | $0 |
Joseph Halpern Vice President | OfficerTrustee | 2 | $0 |
Frank Kugeler Treasurer | OfficerTrustee | 2 | $0 |
Tina Bishop Secretary | OfficerTrustee | 2 | $0 |
Shirley Powell Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $50,909 |
| All other contributions, gifts, grants, and similar amounts not included above | $237,276 |
| Noncash contributions included in lines 1a–1f | $59,897 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $288,185 |
| Total Program Service Revenue | $75,869 |
| Investment income | $105,665 |
| 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 | $528,882 |
| 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. | $114,990 |
| Compensation of current officers, directors, key employees. | $19,778 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $96,697 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,466 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,223 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $44,865 |
| Fees for services: Other | $80,527 |
| Advertising and promotion | $924 |
| Office expenses | $3,959 |
| Information technology | $1,909 |
| Royalties | $0 |
| Occupancy | $4,278 |
| Travel | $9,505 |
| 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 | $503 |
| Insurance | $5,007 |
| All other expenses | $877 |
| Total functional expenses | $629,988 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $132,068 |
| Savings and temporary cash investments | $4,550,637 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,363 |
| 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 | $648 |
| Net Land, buildings, and equipment | $755 |
| Investments—publicly traded securities | $5,366,729 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,067,200 |
| Accounts payable and accrued expenses | $29,687 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $2,086,605 |
| 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 | $2,116,292 |
| Net assets without donor restrictions | $2,435,039 |
| Net assets with donor restrictions | $5,515,869 |
| 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 | $10,067,200 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Colorado Historical Foundation has recieved totaling $7,174.
| Awarding Organization | Amount |
|---|---|
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $6,474 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 03/09/21 | $700 |
Endowment Analysis
| Beg. Balance | $6,232,014 |
| Earnings | -$569,831 |
| Admin Expense | $123,401 |
| Net Contributions | $159,624 |
| Other Expense | $250,602 |
| Ending Balance | $5,447,804 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Corn Heritage Village Of Corn Inc Corn, OK | $5,772,212 | $6,524,606 |
The Durham Museum Omaha, NE | $15,389,425 | $5,410,421 |
Logan County Historical Society Inc Guthrie, OK | $4,494,727 | $3,890,411 |
Historicorps Morrison, CO | $763,649 | $2,724,151 |
Fox Tucson Theatre Foundation Tucson, AZ | $11,879,318 | $4,013,342 |
Breckenridge Heritage Alliance Breckenridge, CO | $410,741 | $1,870,667 |
Docs Friends Inc Wichita, KS | $10,795,174 | $1,472,500 |
Prescott Frontier Days Inc Prescott, AZ | $1,824,378 | $1,478,402 |
American West Heritage Foundation Wellsville, UT | $3,082,934 | $1,494,150 |
Glen Canyon Conservancy Page, AZ | $3,490,803 | $1,543,846 |
Canyonlands Field Institute Inc Moab, UT | $5,225,217 | $972,612 |
Heart Mountain Wyoming Foundation Powell, WY | $9,452,012 | $2,858,388 |