CRESTED BUTTE SCHOOL OF DANCE

EIN: 841183302 501(c)(3) Arts, Culture & Humanities

CRESTED BUTTE, CO

Total Revenue
$313,431
Total Expenses
$360,236
Total Assets
$140,306
Net Assets
$139,331
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
CO
Principal Officer
LAURIE VOEGELI
Phone
9706484122
Tax Period
2022-09-01 to 2023-08-31

CRESTED BUTTE SCHOOL OF DANCE, founded in 1998, is a small nonprofit in the Arts, Culture & Humanities sector that reported $313K in total revenue in fiscal year 2022. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $360K exceeded revenue, resulting in a 15% operating deficit.

Mission

THE MISSION OF THE CRESTED BUTTE SCHOOL OF DANCE IS TO DEEPEN THE CONNECTION TO OURSELVES, EACH OTHER, AND THE WORLD AROUND US THROUGH DANCE.

Program Service Accomplishments

Program 1
Expenses: $236,080

PROVIDING YEAR ROUND ACCESS TO PROFESSIONAL DANCE CLASS INSTRUCTION, EXPERIENCES AND PERFORMANE IN THE GUNNISON COUNTY FOR STUDENTS AGE 1 TO 73.

Program 2
Expenses: $27,514 Revenue: $44,735

MOVE THE BUTTE IS A COMMUNITY DANCE PRODUCTION STARRING OVER 100 CRESTED BUTTE AND GUNNISON LOCAL DANCERS. THIS PROGRAM IS AN OPPORTUNITY FOR ADULTS TO PERFORM ON STAGE AND SHARE THIS DANCE...

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MOVE THE BUTTE IS A COMMUNITY DANCE PRODUCTION STARRING OVER 100 CRESTED BUTTE AND GUNNISON LOCAL DANCERS. THIS PROGRAM IS AN OPPORTUNITY FOR ADULTS TO PERFORM ON STAGE AND SHARE THIS DANCE EXPERIENCE EITH THEIR FRIENDS, FAMILY, AND OTHER ASPIRING ARTISTS IN OUR RURAL COMMUNITY.

Program 3
Expenses: $50,592 Revenue: $88,879

MOUNTAIN MOVERS IS A RIGOROUS PROGRAM FOR SERIOUS DANCERS, PROVIDING ACCESS TO ENRICHMENT OPPORTUNITIES INCLUDING PROFESSIONAL PERFORMANCES, COMPETITIONS AND CONVENTIONS, AND VISITING GUEST ARTISTS.

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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 $18,863
Program Service Revenue $251,934
Investment Income $16
Other Revenue $42,618
TOTAL REVENUE $313,431

Expense Breakdown

Grants Paid $0
Salaries & Benefits $234,134
Fundraising Expenses $0
Program Expenses $314,186
Other Expenses $126,102
TOTAL EXPENSES $360,236

Year-over-Year Comparison

2022 2021 Change
Revenue $313,431 $268,978 +0.2%
Expenses $360,236 $381,244 -0.1%
Net Income $-46,805 $-112,266 -0.6%
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
7
Independent Members
7
Employees
28
Volunteers
50

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
2
$0
Total Directors
7
$71,004
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANNIE DAVIS BOARD MEMBER 1.00
Director
$0 $0 $0
ALICE JENNISON BOARD MEMBER 5.00
Director
$0 $0 $0
ABG GELLERT BOARD MEMBER 1.00
Director
$0 $0 $0
KT FOLZ BOARD MEMBER 1.00
Director
$0 $0 $0
AMY LEHMAN PRESIDENT 1.00
Officer Director
$0 $0 $0
CHRISSIE NEHRENBERG SECRETARY 5.00
Officer Director
$0 $0 $0
SHELLY CLEMENTS EXECUTIVE DIRECTOR 40.00
Director
$71,004 $0 $71,004
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 $313,431 $360,236 $140,306 $-46,805
2023 $91,997 $129,941 $106,918 $-37,944
2022 $268,978 $381,244 $190,642 $-112,266
2021 $373,548 $322,670 $302,379 $50,878
2020 $359,857 $326,363 $252,561 $33,494
2019 $366,450 $315,134 $216,462 $51,316
2018 $341,338 $299,419 $165,347 $41,919
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