Breckenridge Creative Arts
- Assets
- $2.5m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 37
- Location
- Breckenridge, CO
- Founding
- 03/2015
- Data as of
- 12/2022
- EIN
- 47-2066832
Organization Overview
Breckenridge Creative Arts is located in Breckenridge, CO. The organization was established in 2015. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Breckenridge Creative Arts employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Breckenridge Creative Arts is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Breckenridge Creative Arts generated $3.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $3.2m during the year ending 12/2022. While expenses have increased by 5.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO DELIVER INSPIRING CREATIVE EXPERIENCES THAT ENRICH THE QUALITY OF LIFE FOR RESIDENTS AND QUALITY OF PLACE FOR VISITORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMMING PERFORMANCE ARTISTS FOR TICKETED EVENTS, ART CLASSES ON THE ARTS DISTRICT CAMPUS AND, AS MANAGERS OF TOWN-OWNED PROPERTIES, FACILITY RENTALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tamara Nuzzaci-Park CEO | Officer | 40 | $150,529 |
Ken Nelson Secretary | OfficerTrustee | 2 | $0 |
Jill Desmond Director | Trustee | 2 | $0 |
Debra Fox Director | Trustee | 2 | $0 |
Wendy Wolfe Vice Chair | OfficerTrustee | 2 | $0 |
Elisabeth Lawrence Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $52,624 |
| Related organizations | $0 |
| Government grants | $2,066,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $340,663 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,459,287 |
| Total Program Service Revenue | $630,624 |
| Investment income | $6,217 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$4,200 |
| Net Income from Fundraising Events | $5,090 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,097,377 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $150,529 |
| Compensation of current officers, directors, key employees. | $39,138 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $764,796 |
| Pension plan accruals and contributions | $13,118 |
| Other employee benefits | $122,051 |
| Payroll taxes | $73,265 |
| Fees for services: Management | $9,305 |
| Fees for services: Legal | $7,508 |
| Fees for services: Accounting | $42,625 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $72,746 |
| Advertising and promotion | $180,552 |
| Office expenses | $27,793 |
| Information technology | $18,549 |
| Royalties | $0 |
| Occupancy | $26,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,158 |
| Insurance | $40,412 |
| All other expenses | $0 |
| Total functional expenses | $3,164,026 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $868,879 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $5,000 |
| Accounts receivable, net | $120,269 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $20,010 |
| Net Land, buildings, and equipment | $446,100 |
| Investments—publicly traded securities | $998,431 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,458,689 |
| Accounts payable and accrued expenses | $189,059 |
| Grants payable | $0 |
| Deferred revenue | $83,081 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $63,466 |
| Total liabilities | $335,606 |
| Net assets without donor restrictions | $1,917,990 |
| Net assets with donor restrictions | $205,093 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,458,689 |