Broomfield Council on the Arts and Humanities
Analysis
Broomfield Council on the Arts and Humanities is a registered charity in United States, based in Broomfield, CO. It received its IRS tax-exemption ruling in December 1974, 52 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 December 2023, Broomfield Council on the Arts and Humanities reported income of $132k and spending of $154k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $121k to $132k (+9.8%), an average of +9.8% a year. Over the whole period it spent 99% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Broomfield Council on the Arts and Humanities sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within CO. Charities of a similar size with the same main cause include Universal Culture Exchangeassociation ($132k), Ri Slave History Medallions ($133k) and Creative Ammo Inc ($132k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $66k. At year end it held assets of $142k against liabilities of $36k, net assets of $106k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 88%
- Other 12%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Universal Culture Exchangeassociation | Cypress | $132k |
| Ri Slave History Medallions | Newport | $133k |
| Creative Ammo Inc | New York | $132k |
| Co-Lab Projects | Austin | $133k |