Cherry Creek Arts Festival
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,751,588 | 2,298,806 | −547,218 | 7.9 | 16% |
| 2012 | 1,989,304 | 2,321,834 | −332,530 | 6.5 | 9% |
| 2013 | 2,717,576 | 2,162,801 | 554,775 | 10.6 | 17% |
| 2014 | 2,011,021 | 2,220,395 | −209,374 | 9.6 | 16% |
| 2015 | 2,246,103 | 2,330,254 | −84,151 | 8.5 | 14% |
| 2016 | 2,773,511 | 2,504,316 | 269,195 | 9.7 | 12% |
| 2017 | 3,413,709 | 2,530,675 | 883,034 | 14.4 | 13% |
| 2018 | 2,005,410 | 2,601,245 | −595,835 | 11.7 | 13% |
| 2019 | 2,817,887 | 2,690,041 | 127,846 | 12.3 | 13% |
| 2020 | 399,898 | 947,881 | −547,983 | 29.6 | 33% |
| 2021 | 1,539,850 | 1,760,631 | −220,781 | 16.4 | 18% |
| 2022 | 3,413,779 | 2,395,666 | 1,018,113 | 15.2 | 12% |
| 2023 | 2,116,083 | 2,463,993 | −347,910 | 13.7 | 14% |
In its most recent public year (2023), this organization spent $347,910 more than it brought in. Its reserves stood at about 13.7 months of spending, up from 7.9 in 2011. Staff pay was 14% of spending. $526,100 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Cherry Creek Arts Festival's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works