Colorado Springs Fine Arts Center Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 403,717 | 790,563 | −386,846 | 182.5 | 0% |
| 2012 | −256,361 | 910,433 | −1,166,794 | 168.0 | 0% |
| 2013 | 306,197 | 818,739 | −512,542 | 209.8 | 0% |
| 2014 | 1,115,773 | 1,883,215 | −767,442 | 84.6 | 0% |
| 2015 | 1,111,728 | 860,273 | 251,455 | 187.3 | 0% |
| 2016 | 5,356,909 | 1,761,957 | 3,594,952 | 115.9 | 0% |
| 2017 | 2,495,374 | 1,056,385 | 1,438,989 | 230.6 | 0% |
| 2018 | 1,510,791 | 788,679 | 722,112 | 287.8 | 0% |
| 2019 | 17,678,771 | 797,770 | 16,881,001 | 566.7 | 0% |
| 2020 | 275,419 | 17,014,138 | −16,738,719 | 15.4 | 0% |
| 2021 | 1,604,931 | 856,426 | 748,505 | 295.2 | 0% |
| 2022 | 962,979 | 1,107,469 | −144,490 | 178.1 | 0% |
| 2023 | 282,254 | 863,188 | −580,934 | 249.8 | 0% |
In its most recent public year (2023), this organization spent $580,934 more than it brought in. Its reserves stood at about 249.8 months of spending, up from 182.5 in 2011. Staff pay was 0% of spending. $17,967,763 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
Colorado Springs Fine Arts Center Foundation'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