Grand County Blues Society

Analysis

Grand County Blues Society is a registered charity in United States, based in Winter Park, CO. It received its IRS tax-exemption ruling in December 2003, 23 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, Grand County Blues Society reported income of $607k and spending of $632k, spending 104% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $129k to $607k (+369%), an average of +67% a year. The sharpest change came in the year to December 2021, when income rose by 259%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Grand County Blues Society sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CO. Charities of a similar size with the same main cause include Free Arts for Abused Children ($607k), Vision Into Arts Presents Inc ($607k) and Kannada Koota of Northern ($607k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. At year end it held assets of $360k against liabilities of $6,029, net assets of $354k.