Athena Project EIN 47-4154570 Form 990 (PDF) Claim this org

Athena Project

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Champions women artists, promoting equality in opportunity, recognition, and pay based on merit. For fiscal year 2025 it reported $199K in revenue, $195K in expenses, and $106K in net assets.Pt I

Founded
2015
Type
Public charity (501(c)(3)) · Arts & Culture
Location
Littleton, CO
Website
www.athenaprojectarts.org
Filings
5 on file (2021–2025)
Revenue
$199KFY2025
Expenses
$195K
Net assets
$106K
People
8
Filings
5
Updates
0
More identity details & actions ⌄
EIN  47-4154570 Public charity (501(c)(3)) Littleton, CO Founded 2015
Form 990 (PDF)
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Size
$100K–1M
What they do
Champions women artists, promoting equality in opportunity, recognition, and pay based on merit.
Leadership
Angela Astle · Executive Dir. · $40K
Money in and out
$199K revenue, $195K expenses
Bottom line
54% program efficiency
Where the money goes · FY2025
Total revenue
$199K
Pt VIII · Ln 12
Total expenses
$195K
Pt IX · Ln 25
Net assets
$106K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $3K
Where spending went · Part IX cols B–D
Program services $0.54 Management & general $0.27 Fundraising $0.19
Program efficiency
54%
of spending reaches programs▼ -12% vs prior filing year
Operating runway
6.7mo
months of highly liquid reserves at operating expense rate▲ +24% vs prior filing year
Surplus margin
+2%
revenue over expenses, this year▲ +135% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$199K
FY2025▼ -0.9%
Expenses
$195K
FY2025▼ -7%
Total assets
$118K
FY2025▲ +3%
Total liabilities
$12K
FY2025▲ +5%
Total revenue
$199K
Pt VIII · Ln 12
Total expenses
$195K
Pt IX · Ln 25
Net assets
$106K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$3K
Total assetsPt X · Ln 16$118K
Program-expense ratioPt IX · col B54%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAthena Project
EINHdr · item D47-4154570
Principal addressHdr · item CLittleton, CO
WebsiteHdr · item Jwww.athenaprojectarts.org
Year of formationHdr · item L2015
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A20)
Ruling yearIRS BMFJun 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$39,600Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Angela Astle’s $40K as Executive Dir. is at the 34th percentile of top reported officer pay among 2216 $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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Angela Astle$39,600$44,935$25,200$10,000
Anne Myers$1,250

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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Mission & Programs · Part III

Where the work happens

3 program services account for $103K of program spending, described in the organization's own filed words · FY2025.
01

Curating Art for Impact offers unique experiential art curated/produced in collaboration w/community partners, with a goal of paying women artists. artBURSTs, a program of Curating Art for Impact, brings more pop-up performances to underserved communities with limited arts access.

$69Kprogram expense
02

Girls Create is a summer camp series that empowers young women, ages 12-16, to become future artistic leaders. Girls explore art forms including playwriting, comedy, fashion design, and self-expression through art.

$22Kprogram expense
03

Read & Rant is Athena Project's monthly book club exploring plays written primarily by women and underrepresented genders. Led by an experienced dramaturg, we read two scripts each month and meet every third Monday online via Zoom.

$12Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$193K · 97%
Program service revenue$7K · 4%
Contributions & grants97%$193K
Program service revenue4%$7K
— government grantsLn 1e$69K
Total revenueLn 12$199K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.54 Management & general $0.27 Fundraising $0.19
Program services54%$106K
Management & general27%$52K
Fundraising19%$38K
Total functional expensesLn 25$195K

Balance Sheet

Part X · end of year
CashLn 1$92K
Total assetsLn 16$118K
Total liabilitiesLn 26$12K
Total net assetsLn 32$106K
Months of cash on handcomputed5.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $102K · Operating expenses (Pt IX) $195K · Less non-cash grants $12K · Cash operating expenses/yr $184K
6.7 months
Where the money goes
Program services
Program services $106K · Total expenses $195K
54%
Management & General
Management & general $52K · Total expenses $195K
27%
Fundraising
Fundraising $38K · Total expenses $195K
19%
Cost to raise $1
Fundraising expense (2-yr avg) $32K · Solicited contributions (2-yr avg) $106K
$0.31 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $193K · Total revenue $199K
97%
Government reliance
Government grants $69K · Total revenue $199K
34%
Earned-income share
Program service revenue $7K · Total revenue $199K
4%
Investment reliance
Investment income $0 · Total revenue $199K
0%
Program self-sufficiency
Program service revenue $7K · Total expenses $195K
4%
Growth & trend
Revenue growth (YoY)
This year $199K · Prior year $201K
-0.9%
Revenue CAGR
FY2021 $98K · FY2025 $199K
+19%
Net-asset trend (YoY)
End of year $106K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $199K · Expenses $195K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $118K
Net-asset ratio
Net assets $106K · Total assets $118K
90%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $10K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $118K
9%
People & payroll
Highest Reported Total Compensation
Individual Angela Astle · Reported title Executive Dir. · Highest reported compensation $40K · Total expenses $195K
20%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $40K · Total expenses $195K
20%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 54%
Overhead ratio 27%
Fundraising cost ratio 20%
Revenue growth -0.9%

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

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$58K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$199K revenue · viewing · ⤓ 990 PDF
FY2024$201K revenue · ⤓ 990 PDF
FY2023$162K revenue · ⤓ 990 PDF
FY2022$137K revenue · ⤓ 990 PDF
FY2021$98K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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