1940s Ball NFP

Analysis

1940s Ball NFP is a registered charity in United States, based in Niwot, CO. It received its IRS tax-exemption ruling in November 2014, 12 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, 1940s Ball NFP reported income of $750k and spending of $816k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $272k to $750k (+176%), an average of +29% a year. The sharpest change came in the year to December 2021, when income rose by 525%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, 1940s Ball NFP sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within CO. Charities of a similar size with the same main cause include Friends of the Garden Theater ($750k), LA Pena Cultural Center Inc ($751k) and Marian Cheek Jackson Center ($750k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $90k (11% of expenses). Other salaries and wages came to $49k. At year end it held assets of $176k against liabilities of $849, net assets of $175k.