Grand Mesa Arts & Events Center Inc

Analysis

Grand Mesa Arts & Events Center Inc is a registered charity in United States, based in Cedaredge, CO. It received its IRS tax-exemption ruling in September 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 December 2023, Grand Mesa Arts & Events Center Inc reported income of $234k and spending of $227k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $165k to $234k (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Grand Mesa Arts & Events Center Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within CO. Charities of a similar size with the same main cause include Southern Communication Volunteers Inc ($234k), Camp Five Museum Foundation Inc ($234k) and Carpenter Square Theatre Inc ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. Other salaries and wages came to $85k. At year end it held assets of $720k against liabilities of $3,450, net assets of $717k.