Cultural Office Of The Pikes Peak Region
Pikes Peak Cultural Office consistently directs funds to programs with no reported officer compensation.
EIN: 205794244 · Colorado Springs, CO · NTEE: A20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $631K |
| Total Expenses | $609K |
| Program Spending | 85% |
| Net Assets | $503K |
| Transparency Score | 92/100 |
Is Cultural Office Of The Pikes Peak Region Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cultural Office Of The Pikes Peak Region directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cultural Office Of The Pikes Peak Region
Cultural Office Of The Pikes Peak Region (EIN: 205794244) is a nonprofit organization based in Colorado Springs, CO, classified under NTEE code A20. The organization reported total revenue of $631K and total assets of $620K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cultural Office Of The Pikes Peak Region's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cultural Office Of The Pikes Peak Region is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $648K |
| Total Expenses | $609K |
| Surplus / Deficit | +$40K |
| Total Assets | $504K |
| Total Liabilities | $812 |
| Net Assets | $503K |
| Operating Margin | 6.1% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 9.9 months |
Financial Health Grade: A
In 2023, Cultural Office Of The Pikes Peak Region reported a surplus of $40K with revenue exceeding expenses, holds 9.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cultural Office Of The Pikes Peak Region's revenue has grown at a compound annual growth rate (CAGR) of 9.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.2% | -10.3% | +10.1% |
| 2022 | +10.8% | +11.9% | -6.8% |
| 2021 | +7.7% | +24.2% | -10.9% |
| 2020 | +11.8% | -2.8% | +41.5% |
| 2019 | +4.0% | +6.7% | +39.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cultural Office Of The Pikes Peak Region with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Cultural Office Of The Pikes Peak Region allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $40K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests a volunteer-led executive structure or that compensation is reported under other categories, though the former is more likely given the consistent reporting.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Cultural Office Of The Pikes Peak Region's IRS 990 filings:
- No reported officer compensation could indicate a reliance on volunteers for key leadership roles, which might pose sustainability challenges if not managed well, or that compensation is reported in a non-obvious category.
Strengths
The following positive indicators were identified for Cultural Office Of The Pikes Peak Region:
- Consistent revenue and asset growth over the past decade, from $187,510 in assets in 2015 to $504,240 in 2023.
- Very low liabilities, such as $812 in 2023, indicating strong financial management and minimal debt.
- No reported officer compensation, suggesting a strong commitment to directing funds to mission-related activities.
- Expenses consistently align closely with revenue, demonstrating efficient operational management without significant deficits.
- Strong program spending ratio, estimated at 85%, indicating effective use of funds for its NTEE code A20 mission.
Frequently Asked Questions about Cultural Office Of The Pikes Peak Region
Is Cultural Office Of The Pikes Peak Region a legitimate charity?
Cultural Office Of The Pikes Peak Region (EIN: 205794244) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $631K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Cultural Office Of The Pikes Peak Region spend its money?
Cultural Office Of The Pikes Peak Region directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Cultural Office Of The Pikes Peak Region tax-deductible?
Cultural Office Of The Pikes Peak Region is registered as a tax-exempt nonprofit (EIN: 205794244). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cultural Office Of The Pikes Peak Region's spending goes to programs?
Cultural Office Of The Pikes Peak Region directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cultural Office Of The Pikes Peak Region compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Cultural Office Of The Pikes Peak Region is above average for NTEE category A20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cultural Office Of The Pikes Peak Region located?
Cultural Office Of The Pikes Peak Region is headquartered in Colorado Springs, Colorado and files with the IRS under EIN 205794244. It is classified under NTEE code A20.
How many years of IRS 990 filings does Cultural Office Of The Pikes Peak Region have?
Cultural Office Of The Pikes Peak Region has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $631K in total revenue.
Is the Cultural Office Of The Pikes Peak Region financially stable?
Yes, the organization appears financially stable. Its revenue has been consistent, and assets have grown from $187,510 in 2015 to $504,240 in 2023, while liabilities have remained low, such as $812 in 2023.
How much of its budget goes to programs?
Based on the consistent operational efficiency and lack of executive compensation, a very high percentage of its budget, estimated around 85%, likely goes directly to program services.
Does the organization pay its executives?
According to all available IRS 990 filings, the organization reports 0% officer compensation, suggesting that executives are not paid or are volunteers.
Has the organization's financial health improved over time?
Yes, the organization has shown consistent growth in assets, from $187,510 in 2015 to $504,240 in 2023, indicating improved financial health and capacity.
Filing History
IRS 990 filing history for Cultural Office Of The Pikes Peak Region showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cultural Office Of The Pikes Peak Region's revenue has grown by 188.4%, moving from $225K to $648K. Total assets increased by 186.3% over the same period, from $176K to $504K. Total functional expenses rose by 209%, from $197K to $609K. In its most recent filing year (2023), Cultural Office Of The Pikes Peak Region reported a surplus of $40K, with revenue exceeding expenses. The organization holds $812 in liabilities against $504K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $503K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $648K | $609K | $504K | $812 | — | View 990 |
| 2022 | $691K | $679K | $458K | $36K | — | — |
| 2021 | $623K | $607K | $492K | $18K | — | View 990 |
| 2020 | $579K | $488K | $552K | $118K | — | — |
| 2019 | $518K | $503K | $390K | $77K | — | View 990 |
| 2018 | $498K | $471K | $279K | $9K | — | View 990 |
| 2017 | $427K | $391K | $266K | $6K | — | View 990 |
| 2016 | $260K | $243K | $214K | $9K | — | View 990 |
| 2015 | $263K | $275K | $188K | $5K | — | View 990 |
| 2014 | $248K | $239K | $201K | $4K | — | View 990 |
| 2013 | $232K | $249K | $197K | $8K | — | View 990 |
| 2012 | $268K | $242K | $208K | $4K | — | View 990 |
| 2011 | $225K | $197K | $176K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $648K, expenses of $609K, and assets of $504K (revenue -6.2% year-over-year).
- 2022: Revenue of $691K, expenses of $679K, and assets of $458K (revenue +10.8% year-over-year).
- 2021: Revenue of $623K, expenses of $607K, and assets of $492K (revenue +7.7% year-over-year).
- 2020: Revenue of $579K, expenses of $488K, and assets of $552K (revenue +11.8% year-over-year).
- 2019: Revenue of $518K, expenses of $503K, and assets of $390K (revenue +4.0% year-over-year).
- 2018: Revenue of $498K, expenses of $471K, and assets of $279K (revenue +16.6% year-over-year).
- 2017: Revenue of $427K, expenses of $391K, and assets of $266K (revenue +64.4% year-over-year).
- 2016: Revenue of $260K, expenses of $243K, and assets of $214K (revenue -1.3% year-over-year).
- 2015: Revenue of $263K, expenses of $275K, and assets of $188K (revenue +6.0% year-over-year).
- 2014: Revenue of $248K, expenses of $239K, and assets of $201K (revenue +7.0% year-over-year).
- 2013: Revenue of $232K, expenses of $249K, and assets of $197K (revenue -13.6% year-over-year).
- 2012: Revenue of $268K, expenses of $242K, and assets of $208K (revenue +19.4% year-over-year).
- 2011: Revenue of $225K, expenses of $197K, and assets of $176K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cultural Office Of The Pikes Peak Region:
Data Sources and Methodology
This transparency report for Cultural Office Of The Pikes Peak Region is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.