Boulder County Business Hall Of Fame Inc is located in Boulder, CO. The organization was established in 1994. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boulder County Business Hall Of Fame 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 12/2020, Boulder County Business Hall Of Fame Inc generated $40.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.5%) each year. All expenses for the organization totaled $17.0k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (22.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
DUE TO COVID-19 RESTRICTIONS, THE ORGANIZATION WAS UNABLE TO CONDUCT IT'S ANNUAL LUNCHEON PROGRAM TO RECOGNIZE AND HONOR NEW INDUCTEES. STILL, THE ORGANIZATION WAS ABLE TO PROVIDE $10,000 IN SCHOLARSHIPS TO BOULDER COUNTY HIGH SCHOOL STUDENTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Wood Board Member | 0.5 | $0 | |
Jeff Nading Vice President | 1 | $0 | |
Linda Cain Board Member | 0.5 | $0 | |
John Tayer Treasurer | 1 | $0 | |
Karen Wood Board Member | 0.5 | $0 | |
Rob Lathrop Treasurer | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,100 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,103 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,625 |
| Professional fees and other payments to independent contractors | $1,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,362 |
| Total expenses | $16,987 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,619 |
| Other assets | $0 |
| Total assets | $26,619 |
| Total liabilities | $0 |
| Net assets or fund balances | $26,619 |