TELLURIDE COUNCIL FOR THE ARTS AND HUMANITIES

EIN: 840712952 501(c)(3)

TELLURIDE, CO

Total Revenue
$4,544,273
Total Expenses
$1,141,164
Total Assets
$12,197,277
Net Assets
$11,930,919
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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
CO
Principal Officer
GENE SOBCZAK
Phone
9707283930
Tax Period
2024-01-01 to 2024-12-31

TELLURIDE COUNCIL FOR THE ARTS AND HUMANITIES, founded in 1971, is a community nonprofit that reported $4.5M in total revenue in fiscal year 2024. Revenue surged 280% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.4M, a strong 75% operating margin.

Mission

TELLURIDE ARTS VITALIZES THE REGION BY ADVANCING THE APPRECIATION AND PARTICIPATION IN THE ARTS THROUGH THREE MAIN PROGRAM AREAS: PROVIDING RESOURCES FOR REGIONAL ARTISTS; CONNECTING DIVERSE AUDIENCES WITH DYNAMIC AND BROAD LOCAL ARTS OFFERINGS; AND ADVOCACY AND PLANNING, ENSURING THE ARTS INFORM LOCAL DECISION MAKING.

Program Service Accomplishments

Program 1
Expenses: $623,269 Revenue: $55,780

In 2024, Telluride Arts expanded its programming at its Main Street galleries, presenting solo exhibitions by local, national, and international artists. Featured artists included Britt Bradford and...

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In 2024, Telluride Arts expanded its programming at its Main Street galleries, presenting solo exhibitions by local, national, and international artists. Featured artists included Britt Bradford and Katy Parnello, Keith "Scramble" Campbell, Kellie Day, Matias di Carlo, Henrik Haaland, Shannon Foley Henn, Jack Plantz, Heather Romney, and Joe Schafer. The year concluded with a group exhibition titled Heart of the Arts Telluride and a renewed commitment to showcasing regional artists in future gallery exhibitions. Telluride Arts also continued to provide critical opportunities for local artists, many of whom lack commercial representation, to market and sell their work. For some, this remains their only chance to exhibit in a professional gallery setting within the community. Our annual three-day Holiday Bazaar, a beloved Telluride tradition, once again created meaningful opportunities for artists to showcase their work and connect with the community. Alongside our periodic seasonal art bazaars, these events foster vibrant interactions between artists and audiences. Through our Art in Public Places program, Telluride Arts curated multiple exhibitions in 2024 at the Wilkinson Public Library and Citizens State Bank, bringing art into accessible, everyday spaces throughout the region. In addition, Telluride Arts continued to administer the Telluride Art Walk, a lively celebration of art, community, and creativity held ten months of the year in downtown Telluride and Mountain Village. Participating venues - including our Main Street galleries - welcomed visitors from 5:00 to 8:00 p.m., hosting receptions to introduce new exhibitions and artists. To support this initiative, Telluride Arts produced complimentary Gallery Guides, offering a self-guided tour of galleries and venues that are open to the public year-round.

Program 2
Expenses: $116,863 Revenue: $35,795

In 2024, Telluride Arts' Space for the Arts program provided space and support at our Main Street galleries for local artists, musicians, and nonprofit organizations-including The Fig, Telluride...

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In 2024, Telluride Arts' Space for the Arts program provided space and support at our Main Street galleries for local artists, musicians, and nonprofit organizations-including The Fig, Telluride Chamber Ensemble, KOTO, Telluride AIDS Benefit, and others - hosting or co-hosting dozens of free community events. Additionally, Telluride Arts provided workspace for 15 digital media artists and professionals at a separate location in the heart of town, fostering creativity and collaboration. Our Space for the Arts program also encompasses the Telluride Transfer Warehouse, which in 2024 underwent its most significant phase of construction and structural improvements to date. This included the stabilization of its historic walls through a specialized process using low-pressure internal injection to fill masonry voids with a compatible material. This method ensured both structural stability and consistent performance with internal reinforcing, while allowing the original masonry walls to remain largely independent from the new building infill. Due to this extensive work, the Transfer Warehouse was closed to public events and activities throughout 2024. Support for this phase of stabilization was made possible largely through a $3 million Community Revitalization Grant awarded by the Colorado Creative Industries (CCI) office of the Colorado Office of Economic Development and International Trade (OEDIT). In 2024, Telluride Arts also received a $750,000 Save America's Treasures grant to further support the stabilization of the Telluride Transfer Warehouse. Administered by the National Park Service (NPS) in partnership with the National Endowment for the Arts, National Endowment for the Humanities, and the Institute for Museum and Library Services, these highly competitive grants are awarded annually to preserve nationally significant historic properties and collections. The Transfer Warehouse was one of only 59 projects funded nationwide in 2024 and the sole recipient in the State of Colorado, underscoring its historic and cultural importance.

Program 3
Expenses: $78,274 Revenue: $0

Since its inception, the Telluride Arts Artist Grant Program has supported over 100 projects, providing funding for material costs and professional development opportunities for artists throughout...

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Since its inception, the Telluride Arts Artist Grant Program has supported over 100 projects, providing funding for material costs and professional development opportunities for artists throughout the region. This program is made possible in part through funding from the Town of Telluride's CCAASE program. Our fiscal sponsorship program enabled organizations like Augment Music Project to serve the community in 2024 by offering unique programs and experiences that enrich Telluride's cultural landscape. In addition, Telluride Arts worked to promote and connect the local arts community through a variety of communication channels. In 2024, the organization distributed monthly e-blasts featuring updates on the local arts scene and highlighting a different local artist each month; maintained www.telluridearts.org as a central hub for regional arts, offering an artist directory, resources, and a comprehensive local arts calendar; and managed social media accounts dedicated to promoting the arts and increasing engagement across the community.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,446,198
Program Service Revenue $17,342
Investment Income $498
Other Revenue $80,235
TOTAL REVENUE $4,544,273

Expense Breakdown

Grants Paid $23,000
Salaries & Benefits $428,279
Fundraising Expenses $52,437
Program Expenses $818,406
Other Expenses $680,981
TOTAL EXPENSES $1,141,164

Year-over-Year Comparison

2024 2023 Change
Revenue $4,544,273 $1,196,931 +2.8%
Expenses $1,141,164 $1,280,799 -0.1%
Net Income $3,403,109 $-83,868 -41.6%
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
6
Independent Members
6
Employees
6
Volunteers
12

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
9
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATE JONES Executive Director (Jan-May) 40
Highest
$176,143 $2,750 $178,893
BASIT MUSTAFA President (Jan-Aug) 1
Director
$0 $0 $0
EDWARD A POWELL JR President (Aug-Dec) 2
Director
$0 $0 $0
CHRIS HARDEN Vice President & Treasurer 2
Director
$0 $0 $0
TESS PETERS Secretary (Jan-Oct) 2
Director
$0 $0 $0
MICHELINE KLAGSBRUN Secretary (Oct-Dec) 2
Director
$0 $0 $0
DOUGLAS BRADBURY Director (Jan-Oct) 2
Director
$0 $0 $0
TODD BROWN Director 2
Director
$0 $0 $0
DIANA FARRELL Director (Oct-Dec) 2
Director
$0 $0 $0
ASHLEY HAYWARD Director 2
Director
$0 $0 $0
N/A Interim Executive Director (May-Dec) 40
Highest
$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 No data No data No data No data
2024 $4,544,273 $1,141,164 $12,197,277 $3,403,109
2023 $1,196,931 $1,281,424 $9,383,978 $-84,493
2023 $1,196,931 $1,280,799 $9,482,949 $-83,868
2022 $3,584,770 $1,217,126 $6,218,088 $2,367,644
2022 $3,660,650 $947,803 $8,966,509 $2,712,847
2021 $1,758,556 $977,340 $3,781,345 $781,216
2020 $682,718 $542,443 $2,902,906 $140,275
2019 $1,899,784 $398,447 $2,618,699 $1,501,337
2018 $735,794 $412,253 $1,868,426 $323,541
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