Milonee of Colorado

Analysis

Milonee of Colorado is a registered charity in United States, based in Centennial, CO. It received its IRS tax-exemption ruling in May 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Milonee of Colorado reported income of $93k and spending of $94k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $146k to $93k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Milonee of Colorado sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 31st percentile within CO. Charities of a similar size with the same main cause include Clinton Abc Program Inc ($93k), Woodbury Days Council ($93k) and State Ballet of Rhode Island ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.