COLORADO CHAMBER ORCHESTRA

EIN: 260712495 501(c)(3) Arts, Culture & Humanities

PUEBLO, CO

Total Revenue
$656,023
Total Expenses
$704,268
Total Assets
$7,694
Net Assets
$7,150
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
CO
Principal Officer
THOMAS BLOMSTER
Phone
3036639640
Tax Period
2023-07-01 to 2024-06-30

COLORADO CHAMBER ORCHESTRA, founded in 2007, is a small nonprofit in the Arts, Culture & Humanities sector that reported $656K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

The mission is to provide high-quality concert performances, especially those with cultural exchanges, humane causes and in-school education programs. Lectures and other educational opportunities were held in the Denver area.

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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 (2023)

Revenue Breakdown

Contributions & Grants $20,487
Program Service Revenue $635,536
Investment Income $0
Other Revenue $0
TOTAL REVENUE $656,023

Expense Breakdown

Grants Paid $28,550
Salaries & Benefits $94,638
Fundraising Expenses $0
Program Expenses $701,537
Other Expenses $581,080
TOTAL EXPENSES $704,268

Year-over-Year Comparison

2023 2022 Change
Revenue $656,023 $600,476 +0.1%
Expenses $704,268 $588,155 +0.2%
Net Income $-48,245 $12,321 -4.9%
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
9
Independent Members
2
Employees
1
Volunteers
10

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
0
$0
Total Directors
4
$88,033
Key Employees
2
$88,033
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Deborah Davidson-Standfill Education Director/Treasurer 035.00
Director Key Emp
$88,033 $0 $88,033
Thomas A Blomster Vice President 010.00
Director Key Emp
$0 $0 $0
Peter Cooper President 004.00
Director
$0 $0 $0
Naomi Sue Smith Secretary 001.00
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 $656,023 $704,268 $7,694 $-48,245
2023 $600,476 $588,155 $57,175 $12,321
2022 $487,028 $471,537 $44,917 $15,491
2021 $172,614 $172,899 $31,450 $-285
2020 $584,991 $628,681 $33,247 $-43,690
2019 $660,522 $611,219 $77,184 $49,303
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