Highlands Ranch Cultural Affairs Association

Analysis

Highlands Ranch Cultural Affairs Association is a registered charity in United States, based in HGHLNDS Ranch, CO. It received its IRS tax-exemption ruling in August 2001, 25 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, Highlands Ranch Cultural Affairs Association reported income of $333k and spending of $340k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $348k to $333k (-4.4%), an average of -1.1% a year. The sharpest change came in the year to December 2020, when income dropped by 24%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Highlands Ranch Cultural Affairs Association sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within CO. Charities of a similar size with the same main cause include International Ballet Theatre ($333k), Texas Public Broadcasting Association ($333k) and Chicago City Theatre Company ($333k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. At year end it held assets of $297k against liabilities of $14k, net assets of $283k.