Denver Press Club

Analysis

Denver Press Club is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in August 2000, 26 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 February 2024, Denver Press Club reported income of $311k and spending of $164k, leaving 47% of income unspent that year. Across the 5 years on record, from February 2020 to February 2024, income fell from $679k to $311k (-54%), an average of -18% a year. The sharpest change came in the year to February 2024, when income rose by 126%. Over the whole period it spent 21% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Denver Press Club sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within CO. Charities of a similar size with the same main cause include The Muses Inc ($311k), Jewish Partisan Educational Foundation Inc ($311k) and Black Girls Dance ($311k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 45% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $50k (31% of expenses). Other salaries and wages came to $4,412. At year end it held assets of $908k against liabilities of $12k, net assets of $896k. It reported 4 employees.