Colorado Childrens Chorale

Analysis

Colorado Childrens Chorale is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in January 1975, 51 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 July 2023, Colorado Childrens Chorale reported income of $2.2m and spending of $2.1m, spending 94% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.8m to $2.2m (+21%), an average of +4.8% a year. The sharpest change came in the year to July 2022, when income rose by 70%. Over the whole period it spent 95% 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 Childrens Chorale sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CO. Charities of a similar size with the same main cause include Ecoexploratorio Inc ($2.2m), New Orleans Ballet Association ($2.2m) and The Alpaugh Family Economic Center for Educational and Research ($2.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 63% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $213k (10% of expenses). Other salaries and wages came to $673k. At year end it held assets of $6.1m against liabilities of $1.3m, net assets of $4.8m. It reported 106 employees.