Boulder Chorale

Analysis

Boulder Chorale is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in April 1998, 28 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Boulder Chorale reported income of $224k and spending of $210k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $207k to $224k (+8.4%), an average of +2.0% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Boulder Chorale sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within CO. Charities of a similar size with the same main cause include Chautauqua Regional Youth Ballet Inc ($224k), Escuela Mayaguezana de Ballet Artes Y Educacion Eugenio Maria de Hosto ($224k) and Historic Rittenhousetown Inc ($224k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 40% of the total. Other salaries and wages came to $106k. At year end it held assets of $174k against liabilities of $24k, net assets of $149k. It reported 13 employees.