Telluride Council for the Arts and Humanities

Analysis

Telluride Council for the Arts and Humanities is a registered charity in United States, based in Telluride, CO. It received its IRS tax-exemption ruling in September 1976, 50 years ago. 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, Telluride Council for the Arts and Humanities reported income of $1.2m and spending of $1.3m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.2m (-37%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 158%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Telluride Council for the Arts and Humanities sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within CO. Charities of a similar size with the same main cause include Island Elderly Housing Inc ($1.2m), American Civil Liberties Union Foundation of Tennessee Inc ($1.2m) and Seymour Ambulance Assoc Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $156k (12% of expenses). Other salaries and wages came to $256k. It paid $23k in professional fundraising fees. At year end it held assets of $9.5m against liabilities of $890k, net assets of $8.6m. It reported 9 employees.