Colorado Youth Mariachi Program

Analysis

Colorado Youth Mariachi Program is a registered charity in United States, based in Commerce City, CO. It received its IRS tax-exemption ruling in August 2019, 7 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, Colorado Youth Mariachi Program reported income of $87k and spending of $96k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $87k (+12%), an average of +12% a year. Over the whole period it spent 104% 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 Youth Mariachi Program sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within CO. Charities of a similar size with the same main cause include American Lithuanian National Center Inc ($87k), Whoop Dee Doo ($87k) and Southern California Burma-Chinese Association Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 45% of the total. At year end it held assets of $8,331 against liabilities of $0, net assets of $8,331.