Historic Boulder INC FY2023 filing

Tax-deductible

Boulder, CO501(c)(3)Arts & CultureEIN 23-7223041Revenue $145K in FY2023

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.
80¢ of each $1 spent went to programs.
$74K 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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FY2023 · 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
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$74K
to officers and key staff · 56% of spending
Concern: pay to officers and key staff is 56% of spending; over 30%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.2 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
$391
0.05% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$145K
+58% vs prior year
Spent
$132K
To programs
80%
Net assets
$847K
By yearFY2020–FY2024
Revenue
$145K
FY2023▲ +58%
Tap a bar for its year
Revenue by fiscal year
FY2020$89K
FY2021$155K
FY2022$92K
FY2023$145K
FY2024$325K
Expenses
$132K
FY2023▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$80K
FY2021$66K
FY2022$124K
FY2023$132K
FY2024$146K
Net assets
$847K
FY2023▲ +17%
Tap a bar for its year
Net assets by fiscal year
FY2020$794K
FY2021$862K
FY2022$725K
FY2023$847K
FY2024$1.2M

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 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

80 cents of each dollar spent went to programs.

Program services 80% · $106K Management & general 15% · $20K Fundraising 5% · $6K

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

17 people listed on the 990; $74K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$41,100Pt VII · Sec A
$32,433Pt 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 · $106K · in their own filed words · FY2023
01

Preservation Education

Historic boulder produced 22 events highlighting preservations value in boulder. Architecture tours included boulders civic center, mid-century modern buildings, and pearl street. Themed tours highlighted the little rectangle (historic black owned homes) and legacy businesses.

$51Kprogram expense
02

Preservation Advocacy

Our preservation advocacy increased as we started the year partnering in producing history colorados saving places conference held for the 1ST time in boulder. Historic boulder members testified regularly before the landmarks board advocating for saving historic buildings.

$36Kprogram expense
03

Rehabilitation Boulder Theater

Historic boulders rehabilitation team oversaw the completion of a phase ii planning grant from the state historical fund to create construction-ready drawings for the full rehabilitation of the stucco faade of the boulder theater.

$19Kprogram 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 FY2023 990, line by line.

1The main four
Money inPt VIII
$145K
Ln 12
Gifts and grantsLn 1h$97K
Fees for servicesLn 2g$32K
Investment incomeLn 3$16K
Money outPt IX
$132K
Ln 25
Programscol B$106K
Managementcol C$20K
Fundraisingcol D$6K
Owns and owesPt X
$847K
net assets · Ln 32
Cash and savingsLn 1–2$47K
Total assetsLn 16$848K
LiabilitiesLn 26$391
PeoplePt VI, VII
17
listed · VII A
PaidVII A2
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$97K
Government grantsLn 1e$33K
Fundraising eventsLn 1c$8K
Fees for servicesLn 2g$32K
Investment incomeLn 3$16K
Total revenueLn 12$145K
Assets in detailPt X, end of year
CashLn 1$47K
Cash and savings togetherLn 1–2$47K
InvestmentsLn 11–13$787K
Other assetsLn 15$12K
Total assetsLn 16$848K
LiabilitiesLn 26$391
Net assetsLn 32$847K
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 FY23End FY23
Cash and savingsLn 1–2$52K$47K
InvestmentsLn 11–13$663K$787K
Total assetsLn 16$737K$848K
LiabilitiesLn 26$12K$391
Net assetsLn 32$725K$847K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$74K$61K$9K$4K
Payroll taxesLn 10$6K$3K$3K
Accounting feesLn 11c$800$800
Office expensesLn 13$10K$7K$3K$591
Information technologyLn 14$4K$1K$2K
OccupancyLn 16$2K$2K
InsuranceLn 23$3K$1K$409$1K
Other expenses (24a–d)Ln 24$33K$32K$500
All other expensesLn 24e$2K$940$260$301
Total functional expensesLn 25$132K$106K$20K$6K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $325K$146K$179K$1.2M 990 PDF
FY2023 Viewing $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 FY2023 990 (6 parts)
Part I · Summary $145,020 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $90,356$96,826
I-9 Program service revenuePrior year $30,126$32,280
I-10 Investment incomePrior year −$32,855$16,462
I-11 Other revenuePrior year $4,438−$548
I-12 Total revenuePrior year $92,065$145,020
I-13 Grants and similar amounts paidPrior year $5,736$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $69,266$79,501
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $48,981$52,395
I-18 Total expensesPrior year $123,983$131,896
I-19 Revenue less expensesPrior year −$31,918$13,124
Part VI · Governance 14 of 14 board members independent, 3 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
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 $145,020 across 9 lines filed
Lines not itemized here account for $258 of total revenue; see the IRS return.
VIII-1b Membership dues$16,101
VIII-1c Fundraising events$8,250
VIII-1e Government grants$32,942
VIII-1f All other contributions, gifts and grants$39,533
VIII-1h Total contributions, gifts and grants$96,826
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $32,280$32,280
VIII-3 Investment incomeExcluded from tax $16,462$16,462
VIII-8 Net income from fundraising eventsExcluded from tax −$806−$806
VIII-12 Total revenueRelated to mission $32,280 · Excluded from tax $15,914$145,020
Part IX · Statement of functional expenses $131,896 across 9 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $60,618 · Management $8,599 · Fundraising $4,316$73,533
IX-10 Payroll taxesPrograms $2,992 · Management $2,976$5,968
IX-11c Accounting feesManagement $800$800
IX-13 Office expensesPrograms $6,642 · Management $2,627 · Fundraising $591$9,860
IX-14 Information technologyPrograms $1,280 · Management $2,301$3,581
IX-16 OccupancyManagement $1,500$1,500
IX-23 InsurancePrograms $1,094 · Management $409 · Fundraising $1,021$2,524
IX-24 Other expenses (24a–d)Programs $32,129 · Management $500$32,629
IX-24e All other expensesPrograms $940 · Management $260 · Fundraising $301$1,501
IX-25 Total functional expensesPrograms $105,695 · Management $19,972 · Fundraising $6,229$131,896
Part X · Balance sheet $847,618 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $52,283$46,599
X-4 Accounts receivableStart of year $2,886$1,997
X-11 Publicly traded securitiesStart of year $662,558$786,779
X-15 Other assetsStart of year $10,882$12,243
X-16 Total assetsStart of year $737,151$847,618
X-17 Accounts payable and accrued expensesStart of year $8,867$366
X-25 Other liabilitiesStart of year $3,093$25
X-26 Total liabilitiesStart of year $11,960$391
X-27 Net assets without donor restrictionsStart of year $725,191$847,227
X-32 Total net assets or fund balancesStart of year $725,191$847,227
X-33 Total liabilities and net assetsStart of year $737,151$847,618
Part XI · Reconciliation of net assets $847,227 net assets at year end
XI-1 Total revenue$145,020
XI-2 Total expenses$131,896
XI-3 Revenue less expenses$13,124
XI-4 Net assets at start of year$725,191
XI-5 Net unrealized gains (losses) on investments$111,022
XI-7 Investment expenses−$1,902
XI-8 Prior period adjustments−$208
XI-10 Net assets at end of year$847,227

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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