Colorado Dragon Boat Festival
- Assets
- $572.2k
- Revenue
- $670.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Wheat Ridge, CO
- Founding
- 06/2003
- Data as of
- 10/2022
- EIN
- 84-1601703
Organization Overview
Colorado Dragon Boat Festival is located in Wheat Ridge, CO. The organization was established in 2003. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Dragon Boat Festival 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 10/2022, Colorado Dragon Boat Festival generated $670.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $434.0k during the year ending 10/2022. 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
SEE SCHEDULE O. THE ANNUAL DRAGON BOAT AND FILM FESTIVAL IS A CULTURAL EVENT CELEBRATING COLORADO'S ASIAN-PACIFIC AMERICAN PRESENCE AND HISTORY, FEATURING DRAGON BOAT FESTIVITIES, ASIAN MOVIES AND OTHER CULTURAL ATTRACTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ANNUAL DRAGON BOAT FESTIVAL IS A CULTURAL EVENT CELEBRATING COLORADO'S ASIAN-PACIFIC AMERICAN PRESENCE AND HISTORY, FEATURING DRAGON BOAT FESTIVITIES AND OTHER CULTURAL ATTRACTIONS.
THE ANNUAL FILM FESTIVAL IS A CULTURAL EVENT CELEBRATING ASIAN-PACIFIC AMERICAN FILM.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Moore Executive Director | Officer | 40 | $74,246 |
Evan Hung Chair | OfficerTrustee | 3 | $0 |
Jeff Calhoon Treasurer | OfficerTrustee | 2 | $0 |
Janet Shih-Hajek Vice Chair | OfficerTrustee | 3 | $0 |
Chris Chin Secretary | OfficerTrustee | 3 | $0 |
Kirk Matsuzaki Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $126,877 |
| All other contributions, gifts, grants, and similar amounts not included above | $167,468 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $294,345 |
| Total Program Service Revenue | $369,155 |
| Investment income | $81 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $5,354 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $670,035 |
| 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. | $82,584 |
| Compensation of current officers, directors, key employees. | $14,865 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,350 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,727 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,685 |
| Office expenses | $2,457 |
| Information technology | $1,436 |
| Royalties | $0 |
| Occupancy | $5,413 |
| 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 | $2,324 |
| Insurance | $14,782 |
| All other expenses | $32,609 |
| Total functional expenses | $434,007 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $449,437 |
| Savings and temporary cash investments | $109,857 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $11,396 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,526 |
| Total assets | $572,216 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $2,310 |
| Total liabilities | $2,310 |
| Net assets without donor restrictions | $569,906 |
| 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 | $572,216 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Colorado Dragon Boat Festival has recieved totaling $70,707.
| Awarding Organization | Amount |
|---|---|
Mile High United Way Inc Denver, CO PURPOSE: OTHER GRANT | $55,000 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $10,155 |
Idex Foundation Northbrook, IL PURPOSE: WELFARE GRANT | $5,000 |
The Colorado Health Foundation Denver, CO PURPOSE: GENERAL DONATION TO SUPPORT ORGANIZATION OR PROGRAM | $300 |
Boettcher Foundation Denver, CO PURPOSE: TRUSTEE & STAFF MATCHING GIFT PROGRAM | $100 |
Bonfils-Stanton Foundation Denver, CO PURPOSE: EMPLOYEE MATCHING GIFT PROGRAM | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Western Stock Show Association Denver, CO | $82,529,482 | $49,917,896 |
Albuquerque International Balloon Fiesta Inc Albuquerque, NM | $13,518,280 | $13,246,865 |
Southwestern Fair Commission Inc Tucson, AZ | $10,447,798 | $10,245,189 |
Utah State Fair Corporation Salt Lake City, UT | $6,943,836 | $8,118,734 |
Lancaster County Agricultural Society Inc Lincoln, NE | $20,865,052 | $2,982,282 |
Petroleum Equipment Institute Tulsa, OK | $10,127,893 | $3,682,039 |
Cody Stampede Inc Cody, WY | $3,494,478 | $3,110,728 |
Wichita Festivals Inc Wichita, KS | $2,056,183 | $2,145,055 |
Country Fair White Elephant Inc Green Valley, AZ | $2,370,959 | $1,551,800 |
Southern New Mexico State Fair Las Cruces, NM | $1,092,028 | $1,459,463 |
Yuma County Fair Inc Yuma, AZ | $3,736,026 | $410,388 |
Santa Cruz County Fair & Rodeo Association Sonoita, AZ | $1,741,789 | $1,887,345 |