CULTURAL OFFICE OF THE PIKES PEAK REGION

EIN: 205794244 501(c)(3) Arts, Culture & Humanities

COLORADO SPRINGS, CO

Total Revenue
$630,602
Total Expenses
$571,652
Total Assets
$619,651
Net Assets
$590,303
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
CO
Principal Officer
ANGELA SEALS
Phone
7196342204
Tax Period
2024-01-01 to 2024-12-31

CULTURAL OFFICE OF THE PIKES PEAK REGION, founded in 2006, is a small nonprofit in the Arts, Culture & Humanities sector that reported $631K in total revenue in fiscal year 2024. Expenses of $572K left a modest 9% surplus.

Mission

WE CHAMPION OUR DIVERSE CREATIVE COMMUNITY AS A VITAL PART OF THE REGION'S IDENTITY AND ECONOMY THROUGH SERVICE, CONNECTION, AND ADVOCACY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $549,866
Program Service Revenue $55,530
Investment Income $25,206
Other Revenue $0
TOTAL REVENUE $630,602

Expense Breakdown

Grants Paid $0
Salaries & Benefits $297,575
Fundraising Expenses $8,532
Program Expenses $477,288
Other Expenses $274,077
TOTAL EXPENSES $571,652

Year-over-Year Comparison

2024 2023 Change
Revenue $630,602 $648,332 0.0%
Expenses $571,652 $608,652 -0.1%
Net Income $58,950 $39,680 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
17
Independent Members
17
Employees
8
Volunteers
17

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$84,243
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANGELA SEALS EXECUTIVE DI 40.00
Officer
$84,243 $0 $84,243
KRITHIKA PRASHANT CHAIR 5.00
Officer Director
$0 $0 $0
SCOTT LEVY VICE CHAIR 5.00
Officer Director
$0 $0 $0
RYAN TRUJILLO TREASURER 5.00
Officer Director
$0 $0 $0
MARI MOXLEY SECRETARY 5.00
Officer Director
$0 $0 $0
SHANNON DUNN BOARD MEMBER 1.00
Director
$0 $0 $0
HOLLY FLORES BOARD MEMBER 1.00
Director
$0 $0 $0
RODNEY GULLATTE BOARD MEMBER 1.00
Director
$0 $0 $0
MATTHEW HANSON BOARD MEMBER 1.00
Director
$0 $0 $0
LYNNE HASTINGS BOARD MEMBER 1.00
Director
$0 $0 $0
PETER MAIURRO BOARD MEMBER 1.00
Director
$0 $0 $0
KATHLEEN MURPHY BOARD MEMBER 1.00
Director
$0 $0 $0
ERICA OAKLEY-COURAGE BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELLE ROZELL BOARD MEMBER 1.00
Director
$0 $0 $0
MAX SHULMAN BOARD MEMBER 1.00
Director
$0 $0 $0
TARA THOMAS BOARD MEMBER 1.00
Director
$0 $0 $0
SARA VAAS BOARD MEMBER 1.00
Director
$0 $0 $0
LAURIE WILSON BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $630,602 $571,652 $619,651 $58,950
2023 $648,332 $608,652 $504,240 $39,680
2022 $690,917 $678,772 $458,124 $12,145
2021 $623,400 $606,646 $491,726 $16,754
2020 $578,811 $488,277 $552,051 $90,534
2019 $517,829 $502,557 $390,214 $15,272
2018 $497,800 $470,923 $279,078 $26,877
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