Denver Art Society
EIN: 270750665 · Denver, CO · NTEE: A26
| Metric | Value |
|---|---|
| Total Revenue | $334K |
| Total Expenses | $134K |
| Net Assets | $96K |
Is Denver Art Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Denver Art Society
Denver Art Society (EIN: 270750665) is a nonprofit organization based in Denver, CO, classified under NTEE code A26. The organization reported total revenue of $334K and total assets of $183K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Denver Art Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Denver Art Society is a small nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $155K |
| Total Expenses | $134K |
| Surplus / Deficit | +$20K |
| Total Assets | $116K |
| Total Liabilities | $20K |
| Net Assets | $96K |
| Operating Margin | 13.1% |
| Debt-to-Asset Ratio | 17.5% |
| Months of Reserves | 10.3 months |
Financial Health Grade: A
In 2023, Denver Art Society reported a surplus of $20K with revenue exceeding expenses, holds 10.3 months of operating reserves (strong position), has a debt-to-asset ratio of 17.5% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Denver Art Society's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.2% | -0.1% | +24.5% |
| 2022 | +48.9% | +30.3% | +90.0% |
| 2021 | +13.3% | -4.7% | +93.6% |
| 2020 | +0.7% | +12.8% | -23.0% |
| 2019 | -3.3% | -2.4% | +40.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Denver Art Society has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Denver Art Society with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.5%.
Frequently Asked Questions about Denver Art Society
Is Denver Art Society a legitimate charity?
Denver Art Society (EIN: 270750665) is a registered tax-exempt nonprofit based in Colorado. It has 12 years of IRS 990 filings on record. Total revenue: $334K. No red flags identified. Financial health grade: A.
How does Denver Art Society spend its money?
Denver Art Society reported $334K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Denver Art Society tax-deductible?
Denver Art Society is registered as a tax-exempt nonprofit (EIN: 270750665). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Denver Art Society located?
Denver Art Society is headquartered in Denver, Colorado and files with the IRS under EIN 270750665. It is classified under NTEE code A26.
How many years of IRS 990 filings does Denver Art Society have?
Denver Art Society has 12 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 $334K in total revenue.
Filing History
IRS 990 filing history for Denver Art Society showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Denver Art Society's revenue has grown by 200.8%, moving from $51K to $155K. Total assets increased by 1849.4% over the same period, from $6K to $116K. Total functional expenses rose by 176.1%, from $49K to $134K. In its most recent filing year (2023), Denver Art Society reported a surplus of $20K, with revenue exceeding expenses. The organization holds $20K in liabilities against $116K in assets (debt-to-asset ratio: 17.5%), resulting in net assets of $96K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $155K | $134K | $116K | $20K | — | View 990 |
| 2022 | $174K | $135K | $93K | $18K | — | View 990 |
| 2021 | $117K | $103K | $49K | $13K | — | — |
| 2020 | $103K | $108K | $25K | $4K | — | — |
| 2019 | $103K | $96K | $33K | $6K | — | View 990 |
| 2018 | $106K | $98K | $23K | $3K | — | View 990 |
| 2017 | $93K | $89K | $15K | $2K | — | View 990 |
| 2016 | $71K | $69K | $11K | $973 | — | View 990 |
| 2015 | $87K | $83K | $9K | $460 | — | View 990 |
| 2014 | $60K | $60K | $12K | $7K | — | View 990 |
| 2013 | $52K | $52K | $10K | $7K | — | View 990 |
| 2012 | $51K | $49K | $6K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $155K, expenses of $134K, and assets of $116K (revenue -11.2% year-over-year).
- 2022: Revenue of $174K, expenses of $135K, and assets of $93K (revenue +48.9% year-over-year).
- 2021: Revenue of $117K, expenses of $103K, and assets of $49K (revenue +13.3% year-over-year).
- 2020: Revenue of $103K, expenses of $108K, and assets of $25K (revenue +0.7% year-over-year).
- 2019: Revenue of $103K, expenses of $96K, and assets of $33K (revenue -3.3% year-over-year).
- 2018: Revenue of $106K, expenses of $98K, and assets of $23K (revenue +14.6% year-over-year).
- 2017: Revenue of $93K, expenses of $89K, and assets of $15K (revenue +31.0% year-over-year).
- 2016: Revenue of $71K, expenses of $69K, and assets of $11K (revenue -18.6% year-over-year).
- 2015: Revenue of $87K, expenses of $83K, and assets of $9K (revenue +44.6% year-over-year).
- 2014: Revenue of $60K, expenses of $60K, and assets of $12K (revenue +14.6% year-over-year).
- 2013: Revenue of $52K, expenses of $52K, and assets of $10K (revenue +1.7% year-over-year).
- 2012: Revenue of $51K, expenses of $49K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Denver Art Society:
Data Sources and Methodology
This transparency report for Denver Art Society 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.