Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1976.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
73 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
21 people listed on the 990; $96K paid to officers and key staff.
Maggie Coval’s $132K as Executive Director is at the 57th percentile of top reported officer pay among 3924 $1–10M 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
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Maggie Coval | $132,236 | $132,190 | $126,270 | — | — | — |
| Margaret Coval | — | — | — | $110,650 | $102,245 | $95,726 |
| Sarah Olivier | $67,020 | — | — | — | — | — |
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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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 15aYes
Programs and updates
Develops and sponsors programs that explore and promote the humanities.
Questions for Colorado Humanities
Your first name shows with your question. Colorado Humanities answers here, for everyone.
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Cares act grants- distribution of stimulus funds to help sustain the operations organizations and the work of individuals engaged in the public humanities. 902,071 unduplicated persons have benefitted from this program.
Reading and Writing
Promotes a love of reading and books to people of all ages, including training educators to provide parent classes for family literacy, connecting outstanding authors with readers, and providing opportunities for veterans' self-expression through writing. 14,624 unduplicated persons have benefitted from this program.
Living History
Brings history alive through exhibit tours and first-person presentations of the lives of people who helped shape our society, presented in festivals, speaker tours, and a school curriculum. 4,987 unduplicated persons have benefitted from this program.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $33K | $28K |
| InvestmentsLn 11–13 | $325K | $349K |
| Total assetsLn 16 | $440K | $515K |
| LiabilitiesLn 26 | $33K | $42K |
| Net assetsLn 32 | $407K | $472K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $476K | $476K | ||
| Grants to domestic individualsLn 2 | $5K | $5K | ||
| Pay of current officers, directors and key staffLn 5 | $103K | $63K | $25K | $14K |
| Other salaries and wagesLn 7 | $380K | $234K | $93K | $53K |
| Other employee benefitsLn 9 | $69K | $43K | $17K | $10K |
| Payroll taxesLn 10 | $38K | $23K | $9K | $5K |
| Accounting feesLn 11c | $25K | $17K | $8K | |
| Other fees for servicesLn 11g | $138K | $93K | $45K | |
| Advertising and promotionLn 12 | $7K | $7K | $619 | |
| OccupancyLn 16 | $123K | $73K | $32K | $18K |
| TravelLn 17 | $34K | $13K | $21K | |
| Conferences, conventions and meetingsLn 19 | $7K | $4K | $934 | $1K |
| Other expenses (24a–d)Ln 24 | $60K | $19K | $34K | $7K |
| All other expensesLn 24e | $3K | $3K | $350 | |
| Total functional expensesLn 25 | $1.5M | $1.1M | $288K | $109K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $1.1M | $1.3M | −$241K | $556K | 990 PDF |
| FY2024 | $1.4M | $1.5M | −$65K | $720K | 990 PDF |
| FY2023 | $1.7M | $1.5M | $247K | $677K | 990 PDF |
| FY2022 | $2.0M | $2.0M | −$45K | $417K | 990 PDF |
| FY2021 | $1.0M | $1.1M | −$7K | $544K | 990 PDF |
| FY2020 Viewing | $1.5M | $1.5M | $66K | $472K | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $1,535,541 revenue, 12 lines filed
Part VI · Governance 20 of 20 board members independent, no flags
Part VIII · Statement of revenue $1,535,541 across 6 lines filed
Part IX · Statement of functional expenses $1,469,823 across 14 lines filed
Part X · Balance sheet $514,826 assets, 13 lines filed
Part XI · Reconciliation of net assets $472,405 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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