Denver Turnverein Inc
- Assets
- $563.3k
- Revenue
- $422.4k
- Investments
- $0.0
- Employees
- 9
- Location
- Denver, CO
- Founding
- 01/2017
- Data as of
- 04/2024
- EIN
- 84-0188523
Organization Overview
Denver Turnverein Inc is located in Denver, CO. The organization was established in 2017. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 04/2024, Denver Turnverein Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Denver Turnverein Inc 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 04/2024, Denver Turnverein Inc generated $422.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $410.4k during the year ending 04/2024. While expenses have increased by 8.1% per year over the past 7 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
DENVER TURNVEREIN OFFERS MULTIPLE TYPES OF DANCING AND DANCE LESSONS WEEKLY AND SATURDAY DANCES MONTHLY. DANCE LESSONS ARE OFFERED FOR ALL EXPERIENCE LEVELS ON A 5,280 SQUARE FOOT DANCE FLOOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DENVER TURNVEREIN OFFERS MULTIPLE TYPES OF DANCING AND DANCE LESSONS WEEKLY AND SATURDAY DANCES MONTHLY. DANCE LESSONS ARE OFFERED FOR ALL EXPERIENCE LEVELS ON A 5,280 SQUARE FOOT DANCE FLOOR.
DENVER TURNVEREIN OPERATES A CASH BAR TO PROVIDE REFRESHMENTS AND COCKTAILS FOR THE CONVENIENCE OF THE ORGANIZATIONS'S MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Albert Evans President | OfficerTrustee | 1 | $0 |
David Tippett Vice President | OfficerTrustee | 1 | $0 |
William Murakami Treasurer | OfficerTrustee | 1 | $0 |
Art Abington Direct At Large | Trustee | 1 | $0 |
Steve Blakely Direct At Large | Trustee | 1 | $0 |
Carla Murphy Direct At Large | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $82,115 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,602 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $113,717 |
| Total Program Service Revenue | $306,418 |
| Investment income | $2,308 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$36 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $422,407 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $131,144 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,149 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $85 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,062 |
| Office expenses | $3,655 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $11,717 |
| Insurance | $15,217 |
| All other expenses | $60,374 |
| Total functional expenses | $410,433 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,083 |
| Savings and temporary cash investments | $181,473 |
| Pledges and grants receivable | $11,316 |
| Accounts receivable, net | $18,313 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,864 |
| Prepaid expenses and deferred charges | $11,620 |
| Net Land, buildings, and equipment | $301,662 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $563,331 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $93,417 |
| 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 | $4,511 |
| Total liabilities | $97,928 |
| Net assets without donor restrictions | $465,403 |
| Net assets with donor restrictions | $0 |
| 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 | $563,331 |