Colorado Folk Arts Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 33,041 | 32,131 | 910 | 4.4 | — |
| 2012 | 29,453 | 24,971 | 4,482 | 7.9 | — |
| 2013 | 20,063 | 19,642 | 421 | 10.3 | — |
| 2014 | 28,683 | 26,511 | 2,172 | 8.6 | — |
| 2015 | 19,179 | 19,713 | −534 | 11.2 | — |
| 2016 | 0 | 0 | 0 | — | — |
| 2017 | 23,288 | 35,836 | −12,548 | 6.2 | — |
| 2018 | 25,292 | 22,578 | 2,714 | 9.8 | — |
| 2019 | 40,475 | 26,084 | 14,391 | 15.1 | — |
| 2020 | 17,092 | 31,225 | −14,133 | 7.2 | — |
| 2021 | 96,666 | 30,260 | 66,406 | 33.7 | — |
| 2022 | 69,320 | 99,780 | −30,460 | 6.6 | — |
| 2023 | 43,643 | 63,737 | −20,094 | 6.5 | — |
In its most recent public year (2023), this organization spent $20,094 more than it brought in. Its reserves stood at about 6.5 months of spending, up from 4.4 in 2011.
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
Colorado Folk Arts Council'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