Breckenridge Creative Arts

Analysis

Breckenridge Creative Arts is a registered charity in United States, based in Breckenridge, CO. It received its IRS tax-exemption ruling in March 2015, 11 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Breckenridge Creative Arts reported income of $3.7m and spending of $3.8m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $3.7m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2020, when income rose by 25%. 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, Breckenridge Creative Arts sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CO. Charities of a similar size with the same main cause include Myers & Briggs Foundation Inc ($3.7m), Folksbiene Yiddish Theatre Inc ($3.7m) and Educopia Institute Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 23% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $2.4m against liabilities of $277k, net assets of $2.1m. It reported 49 employees.