Colorado Humanities

Analysis

Colorado Humanities is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in August 1976, 50 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 October 2023, Colorado Humanities reported income of $1.7m and spending of $1.5m, spending 85% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $1.0m to $1.7m (+63%), an average of +13% a year. The sharpest change came in the year to October 2022, when income rose by 87%. Over the whole period it spent 96% 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 Humanities sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within CO. Charities of a similar size with the same main cause include Reno Chamber Orchestra Inc ($1.7m), Oz Arts Inc ($1.7m) and Eternal Seeds Inc ($1.7m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 97% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $144k (9.9% of expenses). Other salaries and wages came to $474k. At year end it held assets of $737k against liabilities of $60k, net assets of $677k. It reported 17 employees.