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
62 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
22 people listed on the 990; $126K 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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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, and connecting outstanding authors with readers.
Conversations and Educational Resources
Provides opportunities for communities to bridge divides of understanding through conversations led by skilled facilitators on a variety of topics and produces humanities-centered films, books and online resources for children and adults.
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.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $43K | $229K |
| InvestmentsLn 11–13 | $370K | $388K |
| Total assetsLn 16 | $527K | $737K |
| LiabilitiesLn 26 | $110K | $60K |
| Net assetsLn 32 | $417K | $677K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $144K | $59K | $39K | $46K |
| Other salaries and wagesLn 7 | $474K | $319K | $96K | $59K |
| Other employee benefitsLn 9 | $60K | $32K | $16K | $12K |
| Payroll taxesLn 10 | $52K | $32K | $12K | $9K |
| Accounting feesLn 11c | $76K | $76K | ||
| Other fees for servicesLn 11g | $253K | $222K | $31K | |
| Advertising and promotionLn 12 | $10K | $8K | $3K | |
| OccupancyLn 16 | $109K | $67K | $24K | $19K |
| TravelLn 17 | $89K | $48K | $42K | |
| Conferences, conventions and meetingsLn 19 | $36K | $35K | $2K | |
| InsuranceLn 23 | $6K | $6K | ||
| Other expenses (24a–d)Ln 24 | $129K | $77K | $44K | $7K |
| All other expensesLn 24e | $14K | $4K | $8K | $1K |
| Total functional expensesLn 25 | $1.5M | $902K | $398K | $153K |
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 Viewing | $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 | $1.5M | $1.5M | $66K | $472K | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $1,699,474 revenue, 12 lines filed
Part VI · Governance 23 of 23 board members independent, no flags
Part VIII · Statement of revenue $1,699,474 across 6 lines filed
Part IX · Statement of functional expenses $1,452,664 across 13 lines filed
Part X · Balance sheet $737,464 assets, 13 lines filed
Part XI · Reconciliation of net assets $677,076 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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