Historic Boulder INC FY2021 filing

Tax-deductible

Boulder, CO501(c)(3)Arts & CultureEIN 23-7223041Revenue $155K in FY2021

On file with the IRShistoricboulder.org1200 Pearl St Ste 314, 80302-5275 · Boulder, COTax-exempt since Nov 1972Publicly supported — 509(a)(2)

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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.
72¢ of each $1 spent went to programs.
$8K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2021 · 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
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$8K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 7.3 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
$3K
0.4% 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
$155K
+74% vs prior year
Spent
$66K
To programs
72%
Net assets
$862K
By yearFY2020–FY2024
Revenue
$155K
FY2021▲ +74%
Tap a bar for its year
Revenue by fiscal year
FY2020$89K
FY2021$155K
FY2022$92K
FY2023$145K
FY2024$325K
Expenses
$66K
FY2021▼ -17%
Tap a bar for its year
Expenses by fiscal year
FY2020$80K
FY2021$66K
FY2022$124K
FY2023$132K
FY2024$146K
Net assets
$862K
FY2021▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2020$794K
FY2021$862K
FY2022$725K
FY2023$847K
FY2024$1.2M

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

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

72 cents of each dollar spent went to programs.

Program services 72% · $48K Management & general 21% · $14K Fundraising 7% · $4K

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

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Who runs it and what they're paid

24 people listed on the 990; $8K paid to officers and key staff.

Part VII, Section A · reportable compensation
Interim Exec
$7,866Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$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.

See Historic Boulder INC executive salaries →

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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.

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Provided by the organization

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3 programs · $44K · in their own filed words · FY2021
01

Historic boulder produced our signature educational events in new and different ways as we emerged from the pandemic. We held a ghost walk in gold hill as a day-long interactive tour of the gold hill historic district, including the inn, the bluebird lodge, the school, a home and the museum, along with volunteer actors portraying some of…

$23Kprogram expense
02

Historic boulder presented virtual programs including the homes of early black citizens of boulder (also being developed as a virtual tour) and fort chambers examining boulders involvement in the sand creek massacre. Our farmhouses program highlighted the preservation of modest homes of boulder's pioneer farm families.

$15Kprogram expense
03

Historic boulder reinvigorated our preservation advocacy program with a focus on boulders parks and mid-century modern architecture. We presented a lecture on the history of the boulder bandshell preceding a musical (and historical) performance by partner local theater company at the bandshell.

$7Kprogram expense

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 FY2021 990, line by line.

1The main four
Money inPt VIII
$155K
Ln 12
Investment incomeLn 3$78K
Gifts and grantsLn 1h$65K
Fees for servicesLn 2g$13K
Money outPt IX
$66K
Ln 25
Programscol B$48K
Managementcol C$14K
Fundraisingcol D$4K
Owns and owesPt X
$862K
net assets · Ln 32
Cash and savingsLn 1–2$41K
Total assetsLn 16$865K
LiabilitiesLn 26$3K
PeoplePt VI, VII
24
listed · VII A
PaidVII A1
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$65K
Government grantsLn 1e$20K
Fees for servicesLn 2g$13K
Investment incomeLn 3$78K
Other incomeLn 4–11$178
Gains on assetsLn 7$61K
Total revenueLn 12$155K
Assets in detailPt X, end of year
CashLn 1$41K
Cash and savings togetherLn 1–2$41K
InvestmentsLn 11–13$809K
Other assetsLn 15$13K
Total assetsLn 16$865K
LiabilitiesLn 26$3K
Net assetsLn 32$862K
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 FY21End FY21
Cash and savingsLn 1–2$26K$41K
InvestmentsLn 11–13$747K$809K
Total assetsLn 16$807K$865K
LiabilitiesLn 26$13K$3K
Net assetsLn 32$794K$862K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1K$1K
Pay of current officers, directors and key staffLn 5$26K$18K$6K$2K
Payroll taxesLn 10$2K$2K$494$150
Accounting feesLn 11c$600$600
Investment management feesLn 11f$7K$5K$2K$480
Office expensesLn 13$9K$6K$3K$573
Information technologyLn 14$4K$3K$1K$314
OccupancyLn 16$1K$1K$339$103
InsuranceLn 23$3K$2K$579$176
Other expenses (24a–d)Ln 24$11K$10K$175$797
All other expensesLn 24e$669$468$154$47
Total functional expensesLn 25$66K$48K$14K$4K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $325K$146K$179K$1.2M 990 PDF
FY2023 $145K$132K$13K$847K 990 PDF
FY2022 $92K$124K−$32K$725K 990 PDF
FY2021 Viewing $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 FY2021 990 (6 parts)
Part I · Summary $154,857 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $60,851$64,639
I-9 Program service revenuePrior year $3,852$12,538
I-10 Investment incomePrior year $24,340$77,502
I-11 Other revenuePrior year $113$178
I-12 Total revenuePrior year $89,156$154,857
I-13 Grants and similar amounts paidPrior year $500$1,000
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $39,239$28,012
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $39,874$37,307
I-18 Total expensesPrior year $79,613$66,319
I-19 Revenue less expensesPrior year $9,543$88,538
Part VI · Governance 13 of 13 board members independent, 3 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $154,857 across 8 lines filed
Lines not itemized here account for $178 of total revenue; see the IRS return.
VIII-1b Membership dues$10,780
VIII-1e Government grants$19,520
VIII-1f All other contributions, gifts and grants$34,339
VIII-1h Total contributions, gifts and grants$64,639
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $12,538$12,538
VIII-3 Investment incomeExcluded from tax $16,559$16,559
VIII-7 Net gain or loss on sales of assetsRelated to mission $60,943$60,943
VIII-12 Total revenueRelated to mission $73,481 · Excluded from tax $16,737$154,857
Part IX · Statement of functional expenses $66,319 across 11 lines filed
IX-1 Grants to domestic organizationsPrograms $1,000$1,000
IX-5 Pay of current officers, directors and key staffPrograms $18,106 · Management $5,949 · Fundraising $1,811$25,866
IX-10 Payroll taxesPrograms $1,502 · Management $494 · Fundraising $150$2,146
IX-11c Accounting feesManagement $600$600
IX-11f Investment management feesPrograms $4,795 · Management $1,576 · Fundraising $480$6,851
IX-13 Office expensesPrograms $5,735 · Management $2,928 · Fundraising $573$9,236
IX-14 Information technologyPrograms $3,143 · Management $1,032 · Fundraising $314$4,489
IX-16 OccupancyPrograms $1,031 · Management $339 · Fundraising $103$1,473
IX-23 InsurancePrograms $1,763 · Management $579 · Fundraising $176$2,518
IX-24 Other expenses (24a–d)Programs $10,499 · Management $175 · Fundraising $797$11,471
IX-24e All other expensesPrograms $468 · Management $154 · Fundraising $47$669
IX-25 Total functional expensesPrograms $48,042 · Management $13,826 · Fundraising $4,451$66,319
Part X · Balance sheet $864,632 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $25,591$40,551
X-4 Accounts receivableStart of year $7,236$1,200
X-8 Inventories for sale or useStart of year $288$189
X-9 Prepaid expenses and deferred chargesStart of year $775$775
X-11 Publicly traded securitiesStart of year $746,871$809,110
X-15 Other assetsStart of year $11,743$12,807
X-16 Total assetsStart of year $807,253$864,632
X-17 Accounts payable and accrued expensesStart of year $12,966$3,096
X-26 Total liabilitiesStart of year $12,966$3,096
X-27 Net assets without donor restrictionsStart of year $794,287$861,536
X-32 Total net assets or fund balancesStart of year $794,287$861,536
X-33 Total liabilities and net assetsStart of year $807,253$864,632
Part XI · Reconciliation of net assets $861,536 net assets at year end
XI-1 Total revenue$154,857
XI-2 Total expenses$66,319
XI-3 Revenue less expenses$88,538
XI-4 Net assets at start of year$794,287
XI-5 Net unrealized gains (losses) on investments−$22,094
XI-8 Prior period adjustments$805
XI-10 Net assets at end of year$861,536

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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