Colorado Conservatory of Dance Inc

EIN: 462961115 501(c)(3) Arts, Culture & Humanities

Broomfield, CO

Total Revenue
$1,168,872
Total Expenses
$1,188,358
Total Assets
$642,217
Net Assets
$148,331
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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
CO
Phone
7202995390
Tax Period
2022-08-01 to 2023-07-31

Colorado Conservatory of Dance Inc, founded in 2013, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.2M in total revenue in fiscal year 2022. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

At Colorado Conservatory of Dance, we unleash individual potential and invigorate community through dance. (Revised 2018, filed with Colorado Secretary of State)

Program Service Accomplishments

Program 1
Expenses: $421,118

CCDs mission is to unleash individual potential and invigorate community through dance. This mission statement is the backbone of CCDs three pillars of operations: 1) to provide nationally recognized...

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CCDs mission is to unleash individual potential and invigorate community through dance. This mission statement is the backbone of CCDs three pillars of operations: 1) to provide nationally recognized conservatory dance training; 2) provide high-quality mainstage dance productions; and, 3) engage community in high-impact education programs that ensure dance is accessible to everyone. CCD provides leading quality dance education in classical ballet, jazz, modern, tap, contemporary, and culturally relevant styles with programs that foster community, create positive influence, and inspire the individual. 23 faculty provided instruction for over 300 youth an adult students. Offered approximately 90 low-cost training opportunities to approximately 40 professional dancers via choreographers residency programs. Provided access to dance for special needs children through Ballet Expressions program of adaptive dance. Led in-school residencies for over 800 underserved elementary school students, including performances of anti-bullying ballet for students at schools throughout the north metro Denver area. CCD provided over $70,000 in tuition assistance to students to attend conservatory classes.

Program 2
Expenses: $216,016

Presented 12 mainstage performances (7 fall, 6 spring) to a total audience of 5,900 patrons.

Program 3
Expenses: $178,208

CCD believes in better lives through dance and that every student deserves to receive a kinesthetically healthy dance education regardless of age, ability, aspiration, or socioeconomic status. Our...

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CCD believes in better lives through dance and that every student deserves to receive a kinesthetically healthy dance education regardless of age, ability, aspiration, or socioeconomic status. Our community education programs reach 9000 students and family members annually. Community education and engagement programs provided free anti-bullying performances to eight elementary, middle and high school schools throughout metropolitan Denver, arts-integrated in-person Move2Learn residencies in two elementary schools and,free after-school in-personal ballet classes at four elementary schools with 200 students. New to the academic year 2022-2023, in-school dance programs 5 times per week for 200 middle and high school students. Programs served 6,551 students and their peers with in-school performance/audience participants.

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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 (2022)

Revenue Breakdown

Contributions & Grants $356,640
Program Service Revenue $746,684
Investment Income $9,364
Other Revenue $56,184
TOTAL REVENUE $1,168,872

Expense Breakdown

Grants Paid $63,849
Salaries & Benefits $701,225
Fundraising Expenses $105,822
Program Expenses $815,342
Other Expenses $423,284
TOTAL EXPENSES $1,188,358

Year-over-Year Comparison

2022 2021 Change
Revenue $1,168,872 $1,049,219 +0.1%
Expenses $1,188,358 $1,112,509 +0.1%
Net Income $-19,486 $-63,290 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
60
Volunteers
150

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
$90,962
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
L Castanuela Barnes 9262021 Exec Director 50.00
Officer
$90,962 $0 $90,962
JR Roedel Treasurer 5.00
Officer Director
$0 $0 $0
Jesse Martinez Board member 5.00
Director
$0 $0 $0
Seth Patterson Board Member 5.00
Director
$0 $0 $0
Cindy Ward Chairwoman 5.00
Officer Director
$0 $0 $0
Tim Schafer Board Member 5.00
Director
$0 $0 $0
Brian Frutig Board Member 0.00
Director
$0 $0 $0
Diane Scott Board Member 5.00
Director
$0 $0 $0
David Manley Vice Chair 5.00
Officer Director
$0 $0 $0
Dr Tara Jae Board Member 5.00
Director
$0 $0 $0
Kristen Ditges Manning Secretary 5.00
Officer 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 No data No data No data No data
2023 $1,168,872 $1,188,358 $642,217 $-19,486
2022 $1,049,219 $1,112,509 $226,755 $-63,290
2021 $946,057 $861,201 $169,119 $84,856
2020 $938,351 $952,093 $170,457 $-13,742
2019 $921,541 $851,152 $148,435 $70,389
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