Crystal Mountain Center for the Peforming Arts

Analysis

Crystal Mountain Center for the Peforming Arts is a registered charity in United States, based in Westcliffe, CO. It received its IRS tax-exemption ruling in June 1994, 32 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, Crystal Mountain Center for the Peforming Arts reported income of $116k and spending of $144k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $114k to $116k (+1.4%), an average of +0.3% a year. The sharpest change came in the year to December 2020, when income dropped by 40%. Over the whole period it spent 118% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Crystal Mountain Center for the Peforming Arts sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 37th percentile within CO. Charities of a similar size with the same main cause include South Carolina Jazz Foundation ($116k), Valley Opera and Performing Arts ($116k) and Folk Heritage Association of Macon ($116k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 36% of the total. Other salaries and wages came to $31k. At year end it held assets of $738k against liabilities of $1,580, net assets of $737k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.