Future Arts Foundation FY2022 filing
Hosts concerts to fund youth arts programs. For fiscal year 2022 it reported $458K in revenue, $548K in expenses, and $102K in net assets.Pt I
- Founded
- 2014
- Type
- Public charity (501(c)(3)) · Youth Development
- Location
- Lafayette, CO
- Website
- www.fafcolorado.org
- Filings
- 6 on file (2020–2022)
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Summary of the Filing
Where the work happens
In 2022,THE future arts foundation hosted the bluebird music festival at macky auditorium in boulder, colorado. The event drew approximately 5,000 attendees and featured approximately 20 musicians.
The foundation donated approximately 500 instruments to the survivors of the marshall fire, who had lost not only their instruments, but also their homes.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Travis Albright’s $42K as Executive Di is at the 32nd percentile of top reported officer pay among 1984 $100K–1M youth development 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 · 2 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Travis Albright | $41,906 | $114,104 | $81,296 | $49,776 | $15,316 | — |
| Travis Albright | — | — | — | — | — | $4,074 |
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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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 85% | — | — |
| Overhead ratio | 10% | — | — |
| Fundraising cost ratio | 12% | — | — |
| Revenue growth | 13% | — | — |
| Accounting fee ratio | 0.3% | — | — |
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.
Grants
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Filings & Schedule Manifest
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Sources
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