Denvers Art District on Santa Fe a Colorado Nonprofit Corporation

Analysis

Denvers Art District on Santa Fe a Colorado Nonprofit Corporation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 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 December 2023, Denvers Art District on Santa Fe a Colorado Nonprofit Corporation reported income of $65k and spending of $88k, spending 134% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $108k to $65k (-40%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Denvers Art District on Santa Fe a Colorado Nonprofit Corporation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 22nd percentile within CO. Charities of a similar size with the same main cause include Minnesota Air National Guard Historical Foundation Inc ($65k), Friends of Olmsted Beil House Inc ($65k) and Friends of East County Arts ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.6% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.