Colorado Conservatory of Dance Inc

Analysis

Colorado Conservatory of Dance Inc is a registered charity in United States, based in Broomfield, CO. It received its IRS tax-exemption ruling in October 2014, 12 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 July 2023, Colorado Conservatory of Dance Inc reported income of $1.2m and spending of $1.2m, spending 102% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $922k to $1.2m (+27%), an average of +6.1% a year. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Colorado Conservatory of Dance Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within CO. Charities of a similar size with the same main cause include Tall Ship Providence Foundation ($1.2m), Aviation Unmanned Vehicle Museum Inc ($1.2m) and Misameach ($1.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 31% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $90k (7.6% of expenses). Other salaries and wages came to $539k. At year end it held assets of $642k against liabilities of $494k, net assets of $148k. It reported 60 employees.