Colorado Celebration of African-american Arts and Culture is a 501(c)(3) organization based in Denver, Colorado, registered in 2010, with $312,233 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$312K
▲ 18.4% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$299K
Net assets
$272K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Colorado Celebration of African-american Arts and Culture— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Colorado Celebration of African-american Arts and Culture: 11 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Colorado Celebration of African-american Arts and Culture— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Colorado Celebration of African-american Arts and Culture: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $266K (FY2020) to $312K (FY2023) across 4 reported years.
Financial snapshot
Operating margin
4.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$273K
Total liabilities
$1,363
Net assets
$272K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $312,233▲18.4% | $298,757▲6.5% | $271,778▲292% | $273,141▲286% | 990 |
| 2022 | $263,615▲32.6% | $280,610▼14.3% | $69,295▼34.0% | $70,685▼32.7% | 990 |
| 2021 | $198,834▼25.3% | $327,468▲110% | $104,978▼55.1% | $104,978▼55.1% | 990EZ |
| 2020 | $266,257 | $155,784 | $233,612 | $233,612 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
11 grants to Colorado Celebration of African-american Arts and Culture totaling $281K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Denver Foundation | Arts & culture | 2024 | $5,500 |
| Denver Foundation | Arts & culture | 2023 | $18,218 |
| Mile High United Way Inc | Other | 2022 | $35,000 |
| Mile High United Way Inc | Other grant | 2021 | $105,000 |
| Denver Foundation | General operating support | 2021 | $25,997 |
| Denver Foundation | The colorado black arts festival | 2020 | $7,800 |
| Mile High United Way Inc | Impact grant | 2019 | $50,337 |
| Denver Foundation | For general operating support | 2019 | $5,800 |
| Denver Foundation | The colorado black arts festival | 2018 | $10,000 |
| Denver Foundation | For general operating support | 2016 | $10,000 |
| Denver Foundation | General operating support | 2014 | $7,500 |
Explore more
Data for Colorado Celebration of African-american Arts and Culture (EIN 27-1028811) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.