Platteforum EIN 71-0891869 Form 990 (PDF) Claim this org

Platteforum FY2023 filing

Not yet claimed Claim this org →

Connects youth and artists with arts resources to help them succeed. For fiscal year 2023 it reported $627K in revenue, $647K in expenses, and $440K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Denver, CO
Website
www.platteforum.org
Filings
6 on file (2020–2023)
Revenue
$627KFY2023
Expenses
$647K
Net assets
$440K
People
13
Filings
6
Updates
0
More identity details & actions ⌄
EIN  71-0891869 Public charity (501(c)(3)) Denver, CO
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Platteforum claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Connects youth and artists with arts resources to help them succeed.
Leadership
Michael Gadlin · Executive Di · $81K
Money in and out
$627K revenue, $647K expenses
Bottom line
71% program efficiency
Where the money goes · FY2023
Total revenue
$627K
Pt VIII · Ln 12
Total expenses
$647K
Pt IX · Ln 25
Net assets
$440K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$20K
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.15 Fundraising $0.14
Program efficiency
71%
of spending reaches programs
Operating runway
6.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
-3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$627K
FY2023▼ -31%
Expenses
$647K
FY2023▲ +11%
Total assets
$650K
FY2023▲ +8%
Total liabilities
$210K
FY2023▲ +50%
Total revenue
$627K
Pt VIII · Ln 12
Total expenses
$647K
Pt IX · Ln 25
Net assets
$440K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$20K
Total assetsPt X · Ln 16$650K
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPlatteforum
EINHdr · item D71-0891869
Principal addressHdr · item CDenver, CO
WebsiteHdr · item Jwww.platteforum.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A40)
Ruling yearIRS BMFNov 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
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 · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Di
$80,712Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Immediate PA
$0Pt VII · Sec A
Past Chair
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Emergingarti
$0Pt VII · Sec A

Jennifer Olson’s $56K as Executive Di is at the 51st percentile of top reported officer pay among 2213 $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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Michael Gadlin$80,962$80,712
Kim McCarty$71,839$71,600$78,083
Jennifer Olson$56,253

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 Platteforum executive salaries →

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

Mission & Programs · Part III

Where the work happens

1 program service account for $461K of program spending, described in the organization's own filed words · FY2022.
01

Using the arts as a bridge, we connect youth and professional artists with resources to reach their full potential. Platteforum provides youth the opportunity to develop personal, academic, leadership and life skills, receive critical feedback and learn to work as part of a team.

$461Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants$557K · 89%
Program service revenue$58K · 9%
Investment income$6K · 1%
Other revenue$6K · 1%
Contributions & grants89%$557K
Program service revenue9%$58K
Investment income1%$6K
Other revenue1%$6K
— government grantsLn 1e$174K
Total revenueLn 12$627K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.15 Fundraising $0.14
Program services71%$461K
Management & general15%$99K
Fundraising14%$88K
Total functional expensesLn 25$647K

Balance Sheet

Part X · end of year
CashLn 1$356K
Total assetsLn 16$650K
Total liabilitiesLn 26$210K
Total net assetsLn 32$440K
Months of cash on handcomputed6.6

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $356K · Operating expenses/yr $647K
6.6 months
Where the money goes
Program services
Program services $461K · Total expenses $647K
71%
Management & General
Management & general $99K · Total expenses $647K
15%
Fundraising
Fundraising $88K · Total expenses $647K
14%
Cost to raise $1
Fundraising expense (3-yr avg) $63K · Solicited contributions (3-yr avg) $425K
$0.15 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $557K · Total revenue $627K
89%
Government reliance
Government grants $174K · Total revenue $627K
28%
Earned-income share
Program service revenue $58K · Total revenue $627K
9%
Investment reliance
Investment income $6K · Total revenue $627K
+0.9%
Program self-sufficiency
Program service revenue $58K · Total expenses $647K
9%
Growth & trend
Revenue growth (YoY)
This year $627K · Prior year $912K
-31%
Net-asset trend (YoY)
End of year $440K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $627K · Expenses $647K
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $650K
Net-asset ratio
Net assets $440K · Total assets $650K
68%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $650K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Michael Gadlin · Reported title EXECUTIVE DI · Highest reported compensation $81K · Total expenses $647K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $339K · Total expenses $647K
52%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 15%
Fundraising cost ratio 16%
Revenue growth -31%
Accounting fee ratio 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

Schedule I · funders on record
Grants received · FY2024
See all 15 funders →

Similar Organizations

Closest in mission — by what they do
See all organizations like Platteforum →

Compare

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

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)$402K revenue · ⤓ 990 PDF
FY2024$892K revenue · ⤓ 990 PDF
FY2023$627K revenue · viewing · ⤓ 990 PDF
FY2022$912K revenue · ⤓ 990 PDF
FY2021$594K revenue · ⤓ 990 PDF
FY2020$511K revenue · ⤓ 990 PDF

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

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
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

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.