philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Boulder Metalsmithing Association FY2021 filing

Tax-deductible

Boulder, CO501(c)(3)Arts & CultureEIN 46-1995739

Located in the nobo art district and established in 2009, the mission of boulder metalsmithing association (boma) is to educate people about the creative and technical processes of metalsmithing and offer artists, hobbyists and jewelers a place to work. We achieve this mission by: o offering the community affordable demonstrations and exceptional hands-on workshops taught by world-class instructors; o making shared open studio time, tools and equipment available to individual artists; o providing exhibition opportunities for artists to show and sell their work; o offering an annual train-the-trainer metalsmithing program called "enhancing art through metalsmithing" for local art teachers.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

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
3 of 4
filings with a surplus
Average surplus $9K a year · 4% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
12 mo
of spending, in cash
Looks good: 11.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $2K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$26K
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 8 voting members
Concern: none of 8 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$233K
+37% vs prior year
Spent
$203K
To programs
95%
Net assets
$173K
By yearFY2020–FY2024
Revenue
$233K
FY2021▲ +37%
Revenue by fiscal year
FY2020$170K
FY2021$233K
FY2022$249K
FY2023$221K
FY2024$208K
Expenses
$203K
FY2021
Expenses by fiscal year
FY2020Not on file
FY2021$203K
FY2022$224K
FY2023$244K
FY2024$202K
Net assets
$173K
FY2021▲ +21%
Net assets by fiscal year
FY2020$143K
FY2021$173K
FY2022$197K
FY2023$174K
FY2024$181K

From the FY2021 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CBoulder Metalsmithing Association
EINHdr · item D46-1995739
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJun 2013
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CBoulder, CO
NTEE classificationIRS BMFArts & Culture (A40)

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Management & general $0.05 Fundraising $0.01
Program services95%$192K
Management & general5%$9K
Fundraising1%$2K
Total functional expensesLn 25$203K

Financial health

Is it on solid ground?

Program efficiency
95%
of spending reaches programs
Operating runway
11.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+13%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$199K
FY2021
Total assets by fiscal year
FY2020Not on file
FY2021$199K
FY2022$227K
FY2023$195K
FY2024$209K
Total liabilities
$26K
FY2021
Total liabilities by fiscal year
FY2020Not on file
FY2021$26K
FY2022$29K
FY2023$21K
FY2024$28K
Revenue less expensesPt I · Ln 19$30K
Total assetsPt X · Ln 16$199K
Program-expense ratioPt IX · col B95%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 4pending

Balance Sheet

Part X · end of year
CashLn 1$195K
Total assetsLn 16$199K
Total liabilitiesLn 26$26K
Total net assetsLn 32$173K
Months of cash on handcomputed11.5

Statement of Revenue

Part VIII
Program service revenue$182K · 78%
Contributions & grants$51K · 22%
Program service revenue78%$182K
Contributions & grants22%$51K
Investment income$8
Other revenue$182
— government grantsLn 1e$46K
Total revenueLn 12$233K

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $195K · Operating expenses/yr $203K
11.5 months
Where the money goes
Program services
Program services $192K · Total expenses $203K
95%
Management & General
Management & general $9K · Total expenses $203K
5%
Fundraising
Fundraising $2K · Total expenses $203K
0.9%
Cost to raise $1
Fundraising expense $2K · Solicited contributions $5K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $51K · Total revenue $233K
22%
Government reliance
Government grants $46K · Total revenue $233K
20%
Earned-income share
Program service revenue $182K · Total revenue $233K
78%
Investment reliance
Investment income $8 · Total revenue $233K
<0.01%
Program self-sufficiency
Program service revenue $182K · Total expenses $203K
90%
Growth & trend
Revenue growth (YoY)
This year $233K · Prior year $170K
+37%
Net-asset trend (YoY)
End of year $173K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $233K · Expenses $203K
+13%
Liabilities-to-Assets
Total liabilities — · Total assets $199K
—
Net-asset ratio
Net assets $173K · Total assets $199K
87%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $199K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Leslie Maya Charles · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $203K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $41K · Total expenses $203K
20%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 95%——
Overhead ratio 5%——
Fundraising cost ratio 3%——
Revenue growth 37%——
Accounting fee ratio 0.2%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Boulder Metalsmithing Association executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
  • 8Voting board membersPt VI · Ln 1a
  • –Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Teaches metalsmithing skills, provides studio space, and exhibits artists' work.

Provided by the organization

This section is blank until Boulder Metalsmithing Association claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

1 program service account for $192K of program spending, described in the organization's own filed words · FY2021.
01

Workshops

Hands on workshops are priced below market value and the class sizes are small open studio: shared studio hosts artists who may not have other workspaces. Fees are below market average. Enhancing art: local public school art teachers receive training in metalsmithing and are able to borrow equipment to use in classrooms with a reach of…

$192Kprogram expense

Run this program? Claim this org to tell your story

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
The Colorado Health FoundationFY2024$2K
Total grants receivedfrom 1 funder$2K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest $208K$202K-6% 990 PDF
FY2023 $221K$244K-11% 990 PDF
FY2022 $249K$224K+7% 990 PDF
FY2021 Viewing $233K$203K+37% 990 PDF
FY2020 $170K— 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Full filing: Form 990 for FY2021

Every line we hold from the return, cited to its Part and line.
Part IX · Statement of functional expenses $202,989 across 4 lines filed
IX-7 Other salaries and wagesPrograms $36,800$36,800
IX-10 Payroll taxesPrograms $3,879$3,879
IX-11c Accounting feesPrograms $330$330
IX-11g Other fees for servicesPrograms $150,858 · Management $9,390 · Fundraising $1,732$161,980
IX-25 Total functional expensesPrograms $191,867 · Management $9,390 · Fundraising $1,732$202,989

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

Similar organizations you could support

Closest in mission — by what they do
Boulder City Art Guild INCNV
Boulder Climbing CommunityCO
Northern Manhattan Arts AllianceNY
Greater Denver Area Gem & Mineral Council INCCO
Bauxite Historical Association & MuseumAR
Boulder Open Space ConservancyCO
See all organizations like Boulder Metalsmithing Association →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Export with similar orgs (CSV)
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.