Colorado Springs Community Ventures Inc

EIN: 841418850 501(c)(3) Arts, Culture & Humanities

Colorado Springs, CO

Total Revenue
$391,700
Total Expenses
$317,083
Total Assets
$1,314,932
Net Assets
$1,200,990
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
CO
Principal Officer
Chelsea Gondeck
Phone
7198860088
Tax Period
2024-01-01 to 2024-12-31

Colorado Springs Community Ventures Inc, founded in 1997, is a small nonprofit in the Arts, Culture & Humanities sector that reported $392K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. The organization ran a surplus of $75K, a strong 19% operating margin.

Mission

Colorado Springs Community Ventures is dedicated to enlivening Downtown Colorado Springs through the arts, historic preservation, special events, and other public benefit programs.

Program Service Accomplishments

Program 1
Expenses: $289,224 Revenue: $29,594

Skate in the Park'- The 2024-2025 season of Skate in the Park, offered in partnership with the City of Colorado Springs Department of Parks, Recreation and Cultural Services continued a beloved...

Read more

Skate in the Park'- The 2024-2025 season of Skate in the Park, offered in partnership with the City of Colorado Springs Department of Parks, Recreation and Cultural Services continued a beloved tradition including public skate and private rentals in which well over 25,000 admissions to the rink November through January. This year averaged more public admissions per day than any prior year. A few notable media pieces include: KOAA: Skate in the Park returns to Downtown COS- Meet Santa, see U.S. figure skaters and CC Tigers hockey; KRDO: 'Skate in the Park' in downtown Colorado Springs anticipates busy rest of the season; and Gazette: Skate in the Park, other holiday festivities in downtown Colorado Springs kick off this weekend.Art on the Streets ("AOTS") - The 26th annual Art on the Streets exhibit featured seven sculptures and six murals, with eleven of the artists hailing from Colorado. A new Art on the Street fellowship launched - Pikes Peak Region Poet Laureate Ashley Cornelius and visual artist Jasmine Holmes created a collaborative mural project showcasing the depth of beauty and diversity of the Colorado Springs community.Just over 4,900 square feet of Downtown walls received painted mural treatment.The Cultural Corridor - The Cultural Corridor, which shines a spotlight on the diverse contributors to Colorado Springs' history, expanded one more block along Pikes Peak Avenue (from Weber to Corona). A total of 462 banners were hung throughout the year.Revel - The Urban Arts Party expanded capacity in its second year. The multi-course dinner in AdAmAn Alley brought 144 people to celebrate the Downtown Creative District. Chefs from Downtown restaurants showed off their finest on the artful menu.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $326,270
Program Service Revenue $29,594
Investment Income $24,969
Other Revenue $10,867
TOTAL REVENUE $391,700

Expense Breakdown

Grants Paid $88,670
Salaries & Benefits $0
Fundraising Expenses $1,641
Program Expenses $289,224
Other Expenses $228,413
TOTAL EXPENSES $317,083

Year-over-Year Comparison

2024 2023 Change
Revenue $391,700 $484,774 -0.2%
Expenses $317,083 $387,266 -0.2%
Net Income $74,617 $97,508 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
57

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
$211,010
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Harrison Hunter Board Chair 1.00
Officer Director
$0 $0 $0
James Proby Vice Chair 1.00
Officer Director
$0 $0 $0
Andrea Slattery Secretary 1.00
Officer Director
$0 $0 $0
Josh Bailey Treasurer 1.00
Officer Director
$0 $0 $0
Colin Christie Board member 1.00
Director
$0 $0 $0
Renee Behr Board member 1.00
Director
$0 $0 $0
Abigail Kreuser Board member 1.00
Director
$0 $0 $0
Betsy Brown Board member (Thru December 2024) 1.00
Director
$0 $0 $0
Natasha Hutson Board member 1.00
Director
$0 $0 $0
Nathan Halvorson Board member 1.00
Director
$0 $0 $0
Jasmine Dillavou Board member 1.00
Director
$0 $0 $0
Susan Edmondson Chief Executive Officer 1.00
Officer
$0 $21,010 $211,010
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 $391,700 $317,083 $1,314,932 $74,617
2023 $484,774 $387,266 $1,124,752 $97,508
2022 $378,613 $292,781 $1,035,961 $85,832
2021 $247,687 $195,530 $1,003,444 $52,157
2020 $228,102 $160,190 $934,143 $67,912
2018 $853,380 $490,934 $2,184,357 $362,446
Explore More Nonprofits
Top 100 Nonprofits in Colorado Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Colorado Springs Community Ventures Inc with other nonprofits in Colorado and across the country.