Sprinkle Art Inc

EIN: 841526365 501(c)(3) Arts, Culture & Humanities

Colorado Springs, CO

Total Revenue
$187,310
Total Expenses
$47,314
Total Assets
$261,746
Net Assets
$261,109
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
CO
Phone
7195973344
Tax Period
2022-07-01 to 2023-06-30

Sprinkle Art Inc, founded in 2000, is a small nonprofit in the Arts, Culture & Humanities sector that reported $187K in total revenue in fiscal year 2022. Revenue surged 133% from the prior year, signaling strong growth momentum. The organization ran a surplus of $140K, a strong 75% operating margin.

Mission

Imagination Celebration (IC) produces brain-stimulating, community-building, life- enhancing experiences for all ages, that demonstrate the power of the arts, the impact of the creative process, and the importance of creative thinking skills needed for the 21st Century, to help us thrive in a changing world.

Program Service Accomplishments

Program 1
Expenses: $2,648 Revenue: $0

Portals Project The Portals project provides meaningful connections among people around the globe in real-time, life-sized audio-visual engagements. Program activities were only conducted via online...

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Portals Project The Portals project provides meaningful connections among people around the globe in real-time, life-sized audio-visual engagements. Program activities were only conducted via online virtual connections.

Program 2
Expenses: $8,124 Revenue: $344

Creativity Center Imagination Celebrations Creativity Center is located via 3 spaces at an accessible, high traffic mall. - IC followed the success of our CACTUS (Creating Art Can Tell Untold...

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Creativity Center Imagination Celebrations Creativity Center is located via 3 spaces at an accessible, high traffic mall. - IC followed the success of our CACTUS (Creating Art Can Tell Untold Stories) program serving active military and veterans, to launch "Creative Exchange," serving refugees compelled to leave violent, unsafe conditions. Creative engagement activities provide tools and resources helping the safety, wellness, and abilities of New Americans. Dragon Theater Productions an inclusive community theater serving people of all abilities produced "Patching the Circus", a relevant post-COVID performance about rebuilding from loss - included 50+ performers and crew of all ages and abilities. Kaleidoscope Art Project provided dance for ages 3 to adult, working with 64 participants. Services included dance programs for Salvation Army and Catamount Institute.

Program 3
Expenses: $30,862 Revenue: $0

Community Development and Collaboration IC team and volunteers moved forward with planning and activities to bring back the 2022 What IF...Festival of Innovation and Imagination, an annual festival...

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Community Development and Collaboration IC team and volunteers moved forward with planning and activities to bring back the 2022 What IF...Festival of Innovation and Imagination, an annual festival, serving 50,000+ people of all ages, in creative hands-on experiences to cross-pollinate fields of knowledge and showcase the region's creativity in multiple endeavors: science, technology, all art forms, business, education, marketing, urban design, sustainability, local foods, permaculture, nonprofits, engineering, etc. The Festival was fully produced and promoted and then, canceled on the morning of the festival, due to a rare September day of rain and temperatures in the low 30's. Presenters and vendors received refunds. $86,500 in In-Kind Rent, Utilities and Advertising were donated in 2023.

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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 $181,770
Program Service Revenue $13,135
Investment Income $5
Other Revenue $-7,600
TOTAL REVENUE $187,310

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $1,964
Program Expenses $41,634
Other Expenses $47,314
TOTAL EXPENSES $47,314

Year-over-Year Comparison

2022 2021 Change
Revenue $187,310 $80,409 +1.3%
Expenses $47,314 $17,175 +1.8%
Net Income $139,996 $63,234 +1.2%
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
N/A
Volunteers
108

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
1
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Crystal Lardy Director 1.00
Director
$0 $0 $0
Ana Olivas President 1.00
Officer Director
$0 $0 $0
Madyson Fisk Director 1.00
Director
$0 $0 $0
James Wood Director 1.00
Director
$0 $0 $0
Vanessa Lister Director 1.00
Director
$0 $0 $0
Mary Mashburn Director 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
2023 $187,310 $47,314 $261,746 $139,996
2022 $80,409 $17,175 $123,614 $63,234
2021 $5,741 $22,748 $60,328 $-17,007
2020 $53,288 $98,003 $76,540 $-44,715
2019 $100,562 $89,261 $119,621 $11,301
2018 $116,929 $116,325 $118,206 $604
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