Community Concerts of the Grand Valley Inc

Analysis

Community Concerts of the Grand Valley Inc is a registered charity in United States, based in Grand JCT, CO. It received its IRS tax-exemption ruling in May 1986, 40 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 March 2024, Community Concerts of the Grand Valley Inc reported income of $102k and spending of $96k, spending 94% of its income. Across the 3 years on record, from March 2022 to March 2024, income grew from $90k to $102k (+14%), an average of +6.7% a year. The sharpest change came in the year to March 2023, when income rose by 33%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Community Concerts of the Grand Valley Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 34th percentile within CO. Charities of a similar size with the same main cause include Denver Chinese School ($102k), Art Song Magazine Inc ($102k) and Colorful Creatives ($102k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 7.5% and program service revenue 89% of the total. At year end it held assets of $251k against liabilities of $46k, net assets of $205k.