Lake Dillon Foundation for the Performing Arts

Analysis

Lake Dillon Foundation for the Performing Arts is a registered charity in United States, based in Silverthorne, CO. It received its IRS tax-exemption ruling in August 1993, 33 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, Lake Dillon Foundation for the Performing Arts reported income of $2.0m and spending of $2.8m, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $2.0m (-8.8%), an average of -2.3% a year. The sharpest change came in the year to December 2020, when income dropped by 41%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lake Dillon Foundation for the Performing Arts sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CO. Charities of a similar size with the same main cause include Nu Deco Ensemble Inc ($2.0m), The Museum of Art and History at the McPherson Center ($2.0m) and Joliet Area Historical Museum ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $148k (5.3% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.1m against liabilities of $997k, net assets of $2.1m. It reported 90 employees.