The Colorado State Fair Foundation

Analysis

The Colorado State Fair Foundation is a registered charity in United States, based in Pueblo, CO. It received its IRS tax-exemption ruling in June 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, The Colorado State Fair Foundation reported income of $279k and spending of $41k, leaving 85% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $95k to $279k (+193%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 1344%. Over the whole period it spent 23% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Colorado State Fair Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within CO. Charities of a similar size with the same main cause include John Green Preservation Coalition Inc ($279k), Dance-New Jersey Inc ($279k) and Lexington Chinese School Inc ($279k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% of the total. Other salaries and wages came to $16k. At year end it held assets of $1.5m against liabilities of $464, net assets of $1.5m. It reported 3 employees.