DMNS Foundation

Analysis

DMNS Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in February 1988, 38 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 December 2023, DMNS Foundation reported income of $6.6m and spending of $5.4m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $6.6m (+80%), an average of +16% a year. The sharpest change came in the year to December 2020, when income dropped by 103%. Over the whole period it spent 46% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, DMNS Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CO. Charities of a similar size with the same main cause include Geva Theatre Center Inc ($6.6m), Culturetrust Greater Philadelphia ($6.6m) and The Center for Arts & Innovation Inc ($6.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% of the total. At year end it held assets of $161.3m against liabilities of $909k, net assets of $160.4m.