Green Box Arts Project FY2020 filing

Tax-deductible

Green Mtn Fls, CO501(c)(3)Since 2009Arts & CultureEIN 27-2255601Revenue $625K in FY2020

On file with the IRSgreenboxarts.orgPo Box 1, 80819-0001 · Green Mtn Fls, COTax-exempt since Jul 2014Publicly supported charity — 170(b)(1)(A)(vi)

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Green Box Arts Project is organized to encourage artists, residents and visitors to participate in the creative Arts in the natural beauty of Green mountain falls, co. We engage our community through performance, exhibitions, education, conversations, celebrations and an artist-in-residence program.

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $4K a year · under 1% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
16 mo
of spending, in cash
Looks good: 16.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $886K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$17K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$625K
Spent
$296K
To programs
82%
Net assets
$392K
By yearFY2020–FY2025
Revenue
$625K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$625K
FY2021$413K
FY2022$943K
FY2023$1.0M
FY2024$1.2M
FY2025$1.2M
Expenses
$296K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$296K
FY2021$691K
FY2022$888K
FY2023$1.1M
FY2024$1.1M
FY2025$1.3M
Net assets
$392K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$392K
FY2021$114K
FY2022$169K
FY2023$29K
FY2024$132K
FY2025$88K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Exemption reinstated (2013-05-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in Jul 2014.

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

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $243K Management & general 12% · $34K Fundraising 6% · $19K

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

6 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Green Box Arts Project 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

Green Box Arts Project is an arts and culture nonprofit based in Green Mtn Fls, CO, formed in 2009.

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Provided by the organization

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1 program · $243K · in their own filed words · FY2020
01

Even with reduced activities and capacity due to COVID-19 in calendar year 2020, over 2,000 people participated in events as part of the 2020 Green Box Arts Festival, which offered both live and virtual programming.

$243Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$625K
Ln 12
Gifts and grantsLn 1h$624K
Other incomeLn 4–11$600
Money outPt IX
$296K
Ln 25
Programscol B$243K
Managementcol C$34K
Fundraisingcol D$19K
Owns and owesPt X
$392K
net assets · Ln 32
Cash and savingsLn 1–2$407K
Total assetsLn 16$409K
LiabilitiesLn 26$17K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$624K
Other incomeLn 4–11$600
Total revenueLn 12$625K
Assets in detailPt X, end of year
CashLn 1$407K
Cash and savings togetherLn 1–2$407K
Total assetsLn 16$409K
LiabilitiesLn 26$17K
Net assetsLn 32$392K
OperationsPt I, VI
EmployeesI 50
VolunteersI 624
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$41K$407K
Total assetsLn 16$64K$409K
LiabilitiesLn 26$2K$17K
Net assetsLn 32$62K$392K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$43K$32K$11K
Legal feesLn 11b$0
Accounting feesLn 11c$1K$1K
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$5K$4K$875
Advertising and promotionLn 12$71K$60K$11K
Office expensesLn 13$2K$441$1K$265
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$5K$5K
TravelLn 17$6K$6K$81$12
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$154K$137K$10K$7K
All other expensesLn 24e$6K$4K$2K$90
Total functional expensesLn 25$296K$243K$34K$19K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.2M$1.3M−$44K$88K 990 PDF
FY2024 $1.2M$1.1M$104K$132K 990 PDF
FY2023 $1.0M$1.1M−$140K$29K 990 PDF
FY2022 $943K$888K$55K$169K 990 PDF
FY2021 $413K$691K−$278K$114K 990 PDF
FY2020 Viewing $625K$296K$329K$392K 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 FY2020 990 (6 parts)
Part I · Summary $624,895 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $865,045$624,295
I-9 Program service revenuePrior year $10,435$0
I-10 Investment income$0
I-11 Other revenuePrior year $1,825$600
I-12 Total revenuePrior year $877,305$624,895
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $860,564$295,810
I-18 Total expensesPrior year $860,564$295,810
I-19 Revenue less expensesPrior year $16,741$329,085
Part VI · Governance 6 of 6 board members independent, 2 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $624,895 across 4 lines filed
VIII-1f All other contributions, gifts and grants$624,295
VIII-1h Total contributions, gifts and grants$624,295
VIII-6 Net rental income or loss$600
VIII-12 Total revenue$624,895
Part IX · Statement of functional expenses $295,810 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management feesPrograms $31,717 · Management $11,358$43,075
IX-11b Legal fees$0
IX-11c Accounting feesManagement $1,394$1,394
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $3,822 · Fundraising $875$4,697
IX-12 Advertising and promotionPrograms $60,461 · Fundraising $10,650$71,111
IX-13 Office expensesPrograms $441 · Management $1,404 · Fundraising $265$2,110
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyManagement $5,432$5,432
IX-17 TravelPrograms $5,843 · Management $81 · Fundraising $12$5,936
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $2,287$2,287
IX-24 Other expenses (24a–d)Programs $136,589 · Management $9,831 · Fundraising $7,125$153,545
IX-24e All other expensesPrograms $3,692 · Management $2,441 · Fundraising $90$6,223
IX-25 Total functional expensesPrograms $242,565 · Management $34,228 · Fundraising $19,017$295,810
Part X · Balance sheet $408,690 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $40,589$406,550
X-9 Prepaid expenses and deferred charges$2,140
X-16 Total assetsStart of year $64,011$408,690
X-17 Accounts payable and accrued expensesStart of year $1,559$17,153
X-26 Total liabilitiesStart of year $1,559$17,153
X-32 Total net assets or fund balancesStart of year $62,452$391,537
X-33 Total liabilities and net assetsStart of year $64,011$408,690
Part XI · Reconciliation of net assets $391,537 net assets at year end
XI-1 Total revenue$624,895
XI-2 Total expenses$295,810
XI-3 Revenue less expenses$329,085
XI-4 Net assets at start of year$62,452
XI-10 Net assets at end of year$391,537

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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