Historic Boulder INC

Tax-deductible

Boulder, CO501(c)(3)Arts & CultureEIN 23-7223041

Historic boulder fosters the spirit and promotes the benefits of preservation through education, advocacy, rehabilitation and celebration.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
Run by 107 volunteers and 2 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $52K a year · 32% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$80K
to officers and key staff · 54% of spending
Top officer’s pay lower than 63% of similar orgs
Concern: pay to officers and key staff is 54% of spending; over 30%.
Pt VII · Sec A
Cash reserves
23 mo
of spending, in cash
Looks good: 23.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $38K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$5K
0.5% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$325K
+124% vs prior year
Spent
$146K
To programs
79%
Net assets
$1.2M
By yearFY2020–FY2024
Revenue
$325K
FY2024▲ +124%
Revenue by fiscal year
FY2020$89K
FY2021$155K
FY2022$92K
FY2023$145K
FY2024$325K
Expenses
$146K
FY2024▲ +11%
Expenses by fiscal year
FY2020$80K
FY2021$66K
FY2022$124K
FY2023$132K
FY2024$146K
Net assets
$1.2M
FY2024▲ +36%
Net assets by fiscal year
FY2020$794K
FY2021$862K
FY2022$725K
FY2023$847K
FY2024$1.2M

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1972.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $116K Management & general 15% · $21K Fundraising 6% · $9K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

19 people listed on the 990; $80K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$42,120Pt VII · Sec A
$37,520Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Past Preside
$0Pt VII · Sec A
$0Pt VII · Sec A

Leonard Segel’s $42K as Executive Di is at the 37th percentile of top reported officer pay among 2215 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Leonard Segel$42,120$41,100$36,000——
Melanie Julian Muckle$37,520$32,433$28,800——
Jamie Boyle———$7,866$35,370

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Preserves historic places through education, advocacy, and community events.

Provided by the organization

This section is blank until Historic Boulder INC claims this page.

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3 program services account for $116K of program spending, described in the organization's own filed words · FY2024.
01

Education Outreach

Historic boulder produced 33 educational events highlighting the value of historic preservation in our community. We produced live architectural history tours at ncar, mid-century modern homes, pearl street, "little rectangle" (historic black owned homes), and an art & architecture tour in a private home.

$45Kprogram expense
02

Our signature events, meet the spirits in october and homes for the holidays in december, have become beloved community traditions, drawing nearly 1,600 attendees between them. At meet the spirits, 37 spirit actors in period costumes presented biographical monologues at the columbia cemetery, bringing the history of boulder alive.

$38Kprogram expense
03

Preservation Advocacy

Historic boulders preservation advocacy for boulders central park was in high gear in 2024 as we organized a 150-YEAR anniversary celebration of the park and four programs in partnership with the museum of boulder including two focused on the history of people displaced by the park.

$33Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 1 grant · $6K · 2022–2022

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$325K
Ln 12
Gifts and grantsLn 1h$248K
Fees for servicesLn 2g$49K
Investment incomeLn 3$27K
Money outPt IX
$146K
Ln 25
Programscol B$116K
Managementcol C$21K
Fundraisingcol D$9K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$284K
Total assetsLn 16$1.2M
LiabilitiesLn 26$5K
PeoplePt VI, VII
19
listed · VII A
PaidVII A2
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$248K
Government grantsLn 1e$26K
Noncash giftsLn 1g$931
Fundraising eventsLn 1c$8K
Fees for servicesLn 2g$49K
Investment incomeLn 3$27K
Other incomeLn 4–11$2K
Total revenueLn 12$325K
Assets in detailPt X, end of year
CashLn 1$283K
SavingsLn 2$868
Cash and savings togetherLn 1–2$284K
InvestmentsLn 11–13$850K
Other assetsLn 15$13K
Total assetsLn 16$1.2M
LiabilitiesLn 26$5K
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 52
VolunteersI 6107
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$47K$284K
InvestmentsLn 11–13$787K$850K
Total assetsLn 16$848K$1.2M
LiabilitiesLn 26$391$5K
Net assetsLn 32$847K$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$80K$67K$7K$6K
Payroll taxesLn 10$7K$3K$4K
Accounting feesLn 11c$850$850
Other fees for servicesLn 11g$1K$1K
Office expensesLn 13$15K$10K$3K$2K
Information technologyLn 14$5K$2K$3K
OccupancyLn 16$2K$2K
TravelLn 17$28$28
Conferences, conventions and meetingsLn 19$620$620
InsuranceLn 23$3K$2K$1K
Other expenses (24a–d)Ln 24$33K$33K$520
All other expensesLn 24e$418$418
Total functional expensesLn 25$146K$116K$21K$9K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $325K$146K$179K$1.2M 990 PDF
FY2023 $145K$132K$13K$847K 990 PDF
FY2022 $92K$124K−$32K$725K 990 PDF
FY2021 $155K$66K$89K$862K 990 PDF
FY2020 $89K$80K$10K$794K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $325,467 across 10 lines filed
Lines not itemized here account for $240 of total revenue; see the IRS return.
VIII-1b Membership dues$18,043
VIII-1c Fundraising events$8,305
VIII-1e Government grants$26,189
VIII-1f All other contributions, gifts and grants$195,107
VIII-1g Noncash contributions (included above)$931
VIII-1h Total contributions, gifts and grants$247,644
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $48,691$48,691
VIII-3 Investment incomeExcluded from tax $27,092$27,092
VIII-8 Net income from fundraising eventsExcluded from tax $1,800$1,800
VIII-12 Total revenueRelated to mission $48,691 · Excluded from tax $29,132$325,467
Part IX · Statement of functional expenses $146,493 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $66,637 · Management $7,477 · Fundraising $5,526$79,640
IX-10 Payroll taxesPrograms $2,730 · Management $3,840$6,570
IX-11c Accounting feesManagement $850$850
IX-11g Other fees for servicesFundraising $1,087$1,087
IX-13 Office expensesPrograms $9,543 · Management $2,782 · Fundraising $2,375$14,700
IX-14 Information technologyPrograms $1,664 · Management $2,866$4,530
IX-16 OccupancyManagement $1,548$1,548
IX-17 TravelPrograms $28$28
IX-19 Conferences, conventions and meetingsPrograms $620$620
IX-23 InsurancePrograms $1,578 · Management $1,485$3,063
IX-24 Other expenses (24a–d)Programs $32,919 · Management $520$33,439
IX-24e All other expensesPrograms $418$418
IX-25 Total functional expensesPrograms $116,137 · Management $21,368 · Fundraising $8,988$146,493
Part X · Balance sheet $1,157,530 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $46,599$282,794
X-2 Savings and temporary cash investments$868
X-3 Pledges and grants receivable$9,931
X-11 Publicly traded securitiesStart of year $786,779$850,500
X-15 Other assetsStart of year $12,243$13,437
X-16 Total assetsStart of year $847,618$1,157,530
X-17 Accounts payable and accrued expensesStart of year $366$5,455
X-26 Total liabilitiesStart of year $391$5,455
X-27 Net assets without donor restrictionsStart of year $847,227$1,152,075
X-32 Total net assets or fund balancesStart of year $847,227$1,152,075
X-33 Total liabilities and net assetsStart of year $847,618$1,157,530
Part XI · Reconciliation of net assets $1,152,075 net assets at year end
XI-1 Total revenue$325,467
XI-2 Total expenses$146,493
XI-3 Revenue less expenses$178,974
XI-4 Net assets at start of year$847,227
XI-5 Net unrealized gains (losses) on investments$128,122
XI-7 Investment expenses−$2,248
XI-10 Net assets at end of year$1,152,075

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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