The Art Center of Western Colorado Inc

EIN: 840579106 501(c)(3) Arts, Culture & Humanities

Grand Junction, CO

Total Revenue
$942,639
Total Expenses
$900,523
Total Assets
$2,202,739
Net Assets
$2,106,308
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
CO
Principal Officer
David Price
Phone
9702437337
Tax Period
2024-07-01 to 2025-06-30

The Art Center of Western Colorado Inc, founded in 1953, is a small nonprofit in the Arts, Culture & Humanities sector that reported $943K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $901K left a modest 4% surplus.

Mission

Founded in 1953, the Art Center of Western Colorado is a community arts organization dedicated to improving quality of life by promoting the enjoyment and understanding of the visual arts and related arts through studio art instruction (cont on Sched O),

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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 $450,937
Program Service Revenue $438,072
Investment Income $7,769
Other Revenue $45,861
TOTAL REVENUE $942,639

Expense Breakdown

Grants Paid $0
Salaries & Benefits $398,554
Fundraising Expenses $89,357
Program Expenses $567,121
Other Expenses $501,969
TOTAL EXPENSES $900,523

Year-over-Year Comparison

2024 2023 Change
Revenue $942,639 $804,681 +0.2%
Expenses $900,523 $721,163 +0.2%
Net Income $42,116 $83,518 -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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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
20
Volunteers
350

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
$73,563
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Leonard Borden Executive Director 40.00
Officer
$71,681 $1,882 $73,563
David Price President 5.00
Officer Director
$0 $0 $0
Cathy Zippert Vice President 4.00
Officer Director
$0 $0 $0
Mary Beth Buescher Secretary 4.00
Officer Director
$0 $0 $0
Terri Chinn Treasurer 4.00
Officer Director
$0 $0 $0
Miffie Blozvich Board Member 1.00
Director
$0 $0 $0
Barbara Price Board Member 1.00
Director
$0 $0 $0
Elizabeth Fogarty Board Member 1.00
Director
$0 $0 $0
Lynne OConnell Board Member 1.00
Director
$0 $0 $0
Sheri Ray Board Member 1.00
Director
$0 $0 $0
Jennifer Foster Board Member 1.00
Director
$0 $0 $0
Paul Tholl Board Member 1.00
Director
$0 $0 $0
Jerry Gryglak 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
2025 $942,639 $900,523 $2,202,739 $42,116
2024 No data No data No data No data
2024 No data No data No data No data
2023 $597,425 $657,236 $1,149,024 $-59,811
2022 $896,512 $616,273 $1,219,868 $280,239
2021 $986,608 $509,157 $995,712 $477,451
2020 $587,468 $577,015 $489,453 $10,453
2019 $575,005 $622,552 $428,227 $-47,547
2018 $547,534 $550,117 $461,218 $-2,583
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