Denver Ballet Guild FY2022 filing

Tax-deductible

Littleton, CO501(c)(3)Since 1981Arts & CultureEIN 74-2107342

Support and promote ballet and dance.

501(c)(3) charity; gifts are tax-deductible.
67¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · 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 5
filings with a surplus
Average surplus $42K a year · 18% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
67%
of spending
Fine: 67% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
62 mo
of spending, in cash
Looks good: 62.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$249K
15% of total assets
Looks good: liabilities are 15% of assets; 50% or less.
Pt X · Ln 26
Independent board members
34
of 34 voting members
Looks good: 34 of 34 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$71K
-73% vs prior year
Spent
$131K
To programs
67%
Net assets
$1.4M
By yearFY2020–FY2024
Revenue
$71K
FY2022▼ -73%
Revenue by fiscal year
FY2020$142K
FY2021$262K
FY2022$71K
FY2023$293K
FY2024$388K
FY2024$354K
Expenses
$131K
FY2022▼ -14%
Expenses by fiscal year
FY2020$233K
FY2021$153K
FY2022$131K
FY2023$249K
FY2024$182K
FY2024$339K
Net assets
$1.4M
FY2022▼ -4%
Net assets by fiscal year
FY2020$1.3M
FY2021$1.4M
FY2022$1.4M
FY2023$1.4M
FY2024$1.6M
FY2024$1.7M

From the FY2022 Form 990 (year ending June 2022) · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1981.

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

Where the money goes

67 cents of each dollar spent went to programs.

Program services 67% · $88K Management & general 33% · $44K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

34 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
New Member Lias
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer Elect
$0Pt VII · Sec A
VP Fundraising
$0Pt VII · Sec A
VP Marketing
$0Pt VII · Sec A
VP in School PR
$0Pt VII · Sec A
Parliamentarian
$0Pt VII · Sec A
See Denver Ballet Guild 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes and supports ballet and dance through various programs and initiatives.

Provided by the organization

This section is blank until Denver Ballet Guild claims this page.

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1 program service account for $88K of program spending, described in the organization's own filed words · FY2021.
01

The Denver Ballet Guild makes a significant impact on the community by awarding grants to professional dance companies, by providing financial scholarships for young dancers, and by offering dance education. The goals of the Guild's programs are to promote excellence in performance and to increase the size of dance audiences.

$88Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$1K
Grants paid · 27 grants · $547K · 2019–2024
WonderboundFY2024$31,000
Colorado Ballet AcademyFY2024$30,000
Cleo Parker Robinson DanceFY2024$19,000
Vail Dance FestivalFY2024$15,000
Boulder BalletFY2024$15,000
Zikr Dance EnsembleFY2024$6,000
Colorado Ballet CompanyCO · FY2023$30,000
Unitemized GrantFY2023$18,468
New Dance Theatre INCCO · FY2023$16,000
New Dance Theatre INCCO · FY2023$16,000
The Boulder BalletCO · FY2023$10,000
WonderboundFY2022$45,000
Colorado Ballet CompanyCO · FY2022$30,000
New Dance Theatre INCCO · FY2022$16,000
The Boulder BalletCO · FY2022$10,000
Colorado Ballet CompanyCO · FY2021$30,000
WonderbondFY2021$16,000
Cleo Parker Robinson DanceFY2021$16,000
See all 27 grants →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$71K
Ln 12
Gifts and grantsLn 1h$227K
Fees for servicesLn 2g$1K
Investment incomeLn 3−$158K
Money outPt IX
$131K
Ln 25
Programscol B$88K
Managementcol C$44K
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$677K
Total assetsLn 16$1.6M
LiabilitiesLn 26$249K
PeoplePt VI, VII
34
listed · VII A
PaidVII A0
Voting boardVI 1a34
IndependentVI 1b34
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$227K
Fundraising eventsLn 1c$187K
Fees for servicesLn 2g$1K
Investment incomeLn 3−$158K
Gains on assetsLn 7$0
Total revenueLn 12$71K
Assets in detailPt X, end of year
CashLn 1$677K
SavingsLn 2$0
Cash and savings togetherLn 1–2$677K
InvestmentsLn 11–13$928K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$1.6M
LiabilitiesLn 26$249K
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 50
VolunteersI 651
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$489K$677K
InvestmentsLn 11–13$1.1M$928K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$1.6M$1.6M
LiabilitiesLn 26$145K$249K
Net assetsLn 32$1.4M$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$86K$86K
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$0
Legal feesLn 11b$0
Accounting feesLn 11c$24K$24K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$275$275
Information technologyLn 14$4K$4K
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
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$6K$6K
Other expenses (24a–d)Ln 24$9K$2K$7K
All other expensesLn 24e$3K−$332$3K
Total functional expensesLn 25$131K$88K$44K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $388K$182K$207K$1.6M 990 PDF
FY2023 $293K$249K$44K$1.4M 990 PDF
FY2022 Viewing $71K$131K−$60K$1.4M 990 PDF
FY2021 $262K$153K$109K$1.4M 990 PDF
FY2020 $142K$233K−$91K$1.3M 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 FY2022 990 (4 parts)
Part VIII · Statement of revenue $71,047 across 11 lines filed
VIII-1b Membership dues$16,765
VIII-1c Fundraising events$186,835
VIII-1f All other contributions, gifts and grants$23,837
VIII-1h Total contributions, gifts and grants$227,437
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,200$1,200
VIII-3 Investment incomeExcluded from tax −$157,590−$157,590
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $1,200 · Excluded from tax −$157,590$71,047
Part IX · Statement of functional expenses $131,123 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $86,000$86,000
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 fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $24,230$24,230
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $275$275
IX-14 Information technologyManagement $3,780$3,780
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
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 $5,549$5,549
IX-24 Other expenses (24a–d)Programs $1,843 · Management $6,728$8,571
IX-24e All other expensesPrograms −$332 · Management $3,050$2,718
IX-25 Total functional expensesPrograms $87,511 · Management $43,612 · Fundraising $0$131,123
Part X · Balance sheet $1,619,523 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $445,414$677,329
X-2 Savings and temporary cash investmentsStart of year $43,801$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $2,250$10,425
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $8,787$4,160
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securitiesStart of year $1,075,007$927,609
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $1,575,259$1,619,523
X-17 Accounts payable and accrued expensesStart of year $1,600$138,120
X-19 Deferred revenueStart of year $143,180$111,000
X-26 Total liabilitiesStart of year $144,780$249,120
X-27 Net assets without donor restrictionsStart of year $1,430,479$1,370,403
X-32 Total net assets or fund balancesStart of year $1,430,479$1,370,403
X-33 Total liabilities and net assetsStart of year $1,575,259$1,619,523
Part XI · Reconciliation of net assets $1,370,403 net assets at year end
XI-1 Total revenue$71,047
XI-2 Total expenses$131,123
XI-3 Revenue less expenses−$60,076
XI-4 Net assets at start of year$1,430,479
XI-10 Net assets at end of year$1,370,403

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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