Colorado New Play Festival

Analysis

Colorado New Play Festival is a registered charity in United States, based in Steamboat Springs, 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 New Play Festival reported income of $250k and spending of $243k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $228k to $250k (+9.6%), an average of +2.3% a year. The sharpest change came in the year to December 2022, when income rose by 1214%. Over the whole period it spent 80% 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 New Play Festival 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 Murray Calloway County Community Theater Arts Inc ($250k), Georgia Music Accord Inc ($250k) and American Association for the History of Medicine Inc ($250k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $43k (18% of expenses). At year end it held assets of $191k against liabilities of $136, net assets of $191k. It reported 1 employees.