Cottonwood Artists School

Analysis

Cottonwood Artists School is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cottonwood Artists School reported income of $809k and spending of $854k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.9m to $809k (-72%), an average of -27% a year. The sharpest change came in the year to December 2020, when income dropped by 79%. Over the whole period it spent 53% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cottonwood Artists School sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within CO. Charities of a similar size with the same main cause include Symphony New Hampshire ($809k), Ke Kula Nui O Waimanalo ($809k) and Macon Arts Alliance Inc ($809k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $136k (16% of expenses). Other salaries and wages came to $173k. At year end it held assets of $2.2m against liabilities of $581k, net assets of $1.6m. It reported 8 employees.