Colorado Public Television Inc

Analysis

Colorado Public Television Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in August 1977, 49 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 September 2023, Colorado Public Television Inc reported income of $5.2m and spending of $4.5m, spending 85% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.5m to $5.2m (+17%), an average of +4.0% a year. The sharpest change came in the year to September 2023, when income rose by 45%. Over the whole period it spent 93% 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 Public Television Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include Lobero Theatre Foundation ($5.2m), Worcester Natural History Society ($5.2m) and The Arts Connection Inc ($5.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 66% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $387k (8.7% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $11.9m against liabilities of $829k, net assets of $11.0m. It reported 31 employees.