Boulder County Arts Alliance Inc

Analysis

Boulder County Arts Alliance Inc is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in August 1966, 60 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, Boulder County Arts Alliance Inc reported income of $584k and spending of $734k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $454k to $584k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Boulder County Arts Alliance Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CO. Charities of a similar size with the same main cause include Community Images Inc ($584k), Live Theatre Workshop ($584k) and Department of Public Transformation ($584k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $63k (8.6% of expenses). Other salaries and wages came to $34k. At year end it held assets of $1.4m against liabilities of $14k, net assets of $1.4m. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.