Artists Charitable Fund EIN 20-4597562 Form 990 (PDF) Claim this org

Artists Charitable Fund FY2020 filing

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Helps artists facing medical emergencies with financial and practical support. For fiscal year 2020 it reported $23K in revenue, $52K in expenses, and $326K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Loveland, CO
Website
www.artistschairtablefund.org
Filings
6 on file (2020–2020)
Revenue
$23KFY2020
Expenses
$52K
Net assets
$326K
People
8
Filings
6
Updates
0
More identity details & actions ⌄
EIN  20-4597562 Public foundation / grantmaker Loveland, CO
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
<$100K
What they do
Helps artists facing medical emergencies with financial and practical support.
Leadership
Great Western Bank · Trustee
Money in and out
$23K revenue, $52K expenses
Bottom line
92% program efficiency
Grants paid & assets · FY2020
Total revenue
$23K
Pt VIII · Ln 12
Total expenses
$52K
Pt IX · Ln 25
Net assets
$326K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$29K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.08
Program efficiency
92%
of spending reaches programs
Operating runway
75.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
-130%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$23K
FY2020
Expenses
$52K
FY2020
Total assets
$326K
FY2020
Total liabilities
$0
FY2020
Total revenue
$23K
Pt VIII · Ln 12
Total expenses
$52K
Pt IX · Ln 25
Net assets
$326K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$29K
Total assetsPt X · Ln 16$326K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service account for $47K of program spending, described in the organization's own filed words · FY2020.
01

Trustee fees, advisor fees & grants

$47Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CArtists Charitable Fund
EINHdr · item D20-4597562
Principal addressHdr · item CLoveland, CO
WebsiteHdr · item Jwww.artistschairtablefund.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFOct 2007

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Artists Charitable Fund executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$13K · 57%
Investment income$10K · 43%
Contributions & grants57%$13K
Investment income43%$10K
Total revenueLn 12$23K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.08
Program services92%$48K
Management & general8%$4K
Total functional expensesLn 25$52K

Balance Sheet

Part X · end of year
CashLn 1$326K
Total assetsLn 16$326K
Total liabilitiesLn 26$0
Total net assetsLn 32$326K
Months of cash on handcomputed75.3

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $326K · Operating expenses/yr $52K
75.3 months
Where the money goes
Program services
Program services $48K · Total expenses $52K
92%
Management & General
Management & general $4K · Total expenses $52K
8%
Fundraising
Fundraising $0 · Total expenses $52K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $13K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $13K · Total revenue $23K
57%
Government reliance
Government grants — · Total revenue $23K
Earned-income share
Program service revenue $0 · Total revenue $23K
0%
Investment reliance
Investment income $10K · Total revenue $23K
+43%
Program self-sufficiency
Program service revenue $0 · Total expenses $52K
0%
Growth & trend
Revenue growth (YoY)
This year $23K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $326K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $23K · Expenses $52K
-130%
Liabilities-to-Assets
Total liabilities — · Total assets $326K
Net-asset ratio
Net assets $326K · Total assets $326K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $326K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Great Western Bank · Reported title TRUSTEE · Highest reported compensation $0 · Total expenses $52K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $52K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 8%
Fundraising cost ratio 0%
Investment management fee ratio 1%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 146 grants · $252K · 2020–2025
Unitemized GrantFY2025$5,475
Unitemized GrantFY2025$5,382
Unitemized GrantFY2025$5,112
Unitemized GrantFY2025$5,000
Unitemized GrantFY2025$5,000
Unitemized GrantFY2025$4,012
Unitemized GrantFY2025$1,645
Unitemized GrantFY2025$1,639
Unitemized GrantFY2025$1,484
Unitemized GrantFY2025$1,355
Unitemized GrantFY2025$558
Unitemized GrantFY2025$385
Unitemized GrantFY2025$326
Unitemized GrantFY2025$226
Unitemized GrantFY2025$195
Unitemized GrantFY2025$186
Unitemized GrantFY2025$99
Unitemized GrantFY2025$95
See all 146 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$82K revenue · ⤓ 990 PDF
FY2024$80K revenue · ⤓ 990 PDF
FY2023$108K revenue · ⤓ 990 PDF
FY2022$63K revenue · ⤓ 990 PDF
FY2021$55K revenue · ⤓ 990 PDF
FY2020$23K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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