The@spark EIN 83-2550120 Form 990 (PDF) Claim this org

The@spark FY2023 filing

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Inspires, educates, and empowers artists and the community through creative productions and training. For fiscal year 2023 it reported $227K in revenue, $228K in expenses, and $-27K in net assets.Pt I

Founded
2018
Type
Public charity (501(c)(3)) · Arts & Culture
Location
Boulder, CO
Website
www.thesparkcreates.org
Filings
5 on file (2020–2023)
Revenue
$227KFY2023
Expenses
$228K
Net assets
$-27K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  83-2550120 Public charity (501(c)(3)) Boulder, CO Founded 2018
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Inspires, educates, and empowers artists and the community through creative productions and training.
Leadership
Dillon Kenyon · Ed · $23K
Money in and out
$227K revenue, $228K expenses
Bottom line
35% program efficiency
Where the money goes · FY2023
Total revenue
$227K
Pt VIII · Ln 12
Total expenses
$228K
Pt IX · Ln 25
Net assets
$-27K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$809
Where spending went · Part IX cols B–D
Program services $0.35 Management & general $0.65
Program efficiency
35%
of spending reaches programs
Operating runway
1.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
-0.4%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$227K
FY2023▼ -15%
Expenses
$228K
FY2023▼ -18%
Total assets
$145K
FY2023▼ -11%
Total liabilities
$172K
FY2023▼ -4%
Total revenue
$227K
Pt VIII · Ln 12
Total expenses
$228K
Pt IX · Ln 25
Net assets
$-27K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$809
Total assetsPt X · Ln 16$145K
Program-expense ratioPt IX · col B35%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe@spark
EINHdr · item D83-2550120
Principal addressHdr · item CBoulder, CO
WebsiteHdr · item Jwww.thesparkcreates.org
Year of formationHdr · item L2018
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A20)
Ruling yearIRS BMFJul 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1bpending
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$23,120Pt VII · Sec A
$4,000Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Chairperson
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2020
Nikki Weber$31,436$12,725
Dillon Kenyon$12,190$23,120$8,160
Mary Beth Ward$9,620$4,000
Dillon Kenyon$1,500

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 $79K of program spending, described in the organization's own filed words · FY2022.
01

Ticket sales for shows. Our productions are result of our mentorship training model. Tickets are bought by community to gain admission to the productions.

$69Kprogram expense
02

Educational registrations for classes, workshops, and shows. Students work with highly qualified teachers and artistic teams throughout all programs. Our program follows a mentorship model for youth development where students work side by side in an eudcational setting to grow in craft.

$8Kprogram expense
03

Space rentals for creatives. This includes studio and performance space. Artists are also supported with resources to help grow their brands. These artists collaborate with The Spark to produce performances and lead educational workshops for the community.

$3Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$193K · 85%
Contributions & grants$33K · 15%
Program service revenue85%$193K
Contributions & grants15%$33K
Investment income$23
Other revenue$408
— government grantsLn 1e$13K
Total revenueLn 12$227K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.35 Management & general $0.65
Program services35%$81K
Management & general65%$147K
Total functional expensesLn 25$228K

Balance Sheet

Part X · end of year
CashLn 1$23K
Total assetsLn 16$145K
Total liabilitiesLn 26$172K
Total net assetsLn 32$-27K
Months of cash on handcomputed1.2

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $23K · Operating expenses/yr $228K
1.2 months
Where the money goes
Program services
Program services $81K · Total expenses $228K
35%
Management & General
Management & general $147K · Total expenses $228K
65%
Fundraising
Fundraising $0 · Total expenses $228K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $73 · Solicited contributions (3-yr avg) $12K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $33K · Total revenue $227K
15%
Government reliance
Government grants $13K · Total revenue $227K
6%
Earned-income share
Program service revenue $193K · Total revenue $227K
85%
Investment reliance
Investment income $23 · Total revenue $227K
+0.01%
Program self-sufficiency
Program service revenue $193K · Total expenses $228K
85%
Growth & trend
Revenue growth (YoY)
This year $227K · Prior year $266K
-15%
Net-asset trend (YoY)
End of year $-27K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $227K · Expenses $228K
-0.4%
Liabilities-to-Assets
Total liabilities — · Total assets $145K
Net-asset ratio
Net assets $-27K · Total assets $145K
-19%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $145K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Dillon Kenyon · Reported title ED · Highest reported compensation $23K · Total expenses $228K
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $49K · Total expenses $228K
22%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 35%
Overhead ratio 65%
Fundraising cost ratio 0%
Revenue growth -15%

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 · FY2023
Total grants receivedfrom 1 funder$100K

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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
FY2024$362K revenue · ⤓ 990 PDF
FY2023$227K revenue · viewing · ⤓ 990 PDF
FY2022$266K revenue · ⤓ 990 PDF
FY2021$174K revenue · ⤓ 990 PDF
FY2020$160K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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