Colorado Mahlerfest

Analysis

Colorado Mahlerfest is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in March 1990, 36 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 August 2023, Colorado Mahlerfest reported income of $248k and spending of $180k, leaving 28% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $126k to $248k (+97%), an average of +97% a year. The sharpest change came in the year to August 2023, when income rose by 97%. Over the whole period it spent 89% 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 Mahlerfest sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within CO. Charities of a similar size with the same main cause include City of Fairfax Theatre Company ($248k), North Fourth Art Center ($248k) and Westside Sponsoring Committee ($248k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Other salaries and wages came to $15k. At year end it held assets of $128k against liabilities of $0, net assets of $128k. It reported 1 employees.