Take Note Colorado

Analysis

Take Note Colorado is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in August 2017, 9 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 June 2024, Take Note Colorado reported income of $200k and spending of $329k, spending 164% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $623k to $200k (-68%), an average of -20% a year. The sharpest change came in the year to June 2023, when income rose by 2346%. Over the whole period it spent 118% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Take Note Colorado sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 50th percentile within CO. Charities of a similar size with the same main cause include Spinning Tree Theatre ($200k), Fort Dodge Historical Foundation ($200k) and Opera Cultura ($200k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $207k against liabilities of $4,580, net assets of $203k.