ASCEND PERFORMING ARTS INC

EIN: 846037716 501(c)(3) Arts, Culture & Humanities

Aurora, CO

Total Revenue
$2,957,845
Total Expenses
$2,975,623
Total Assets
$521,552
Net Assets
$-77,131
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1958
Legal Domicile
CO
Principal Officer
Mark Arnold
Phone
3037771937
Tax Period
2025-01-01 to 2025-12-31

ASCEND PERFORMING ARTS INC, founded in 1958, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.0M in total revenue in fiscal year 2025. Revenue surged 1017% from the prior year, signaling strong growth momentum.

Mission

The mission of Ascend Performing Arts is to further the education and growth of young people through participation in performing arts programs of the highest caliber which promote teamwork and discipline, develop leadership skills, and enhance self-esteem.

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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 (2025)

Revenue Breakdown

Contributions & Grants $670,059
Program Service Revenue $2,089,774
Investment Income $5,252
Other Revenue $192,760
TOTAL REVENUE $2,957,845

Expense Breakdown

Grants Paid $0
Salaries & Benefits $272,638
Fundraising Expenses $0
Program Expenses $2,270,060
Other Expenses $2,702,985
TOTAL EXPENSES $2,975,623

Year-over-Year Comparison

2025 2024 Change
Revenue $2,957,845 $264,856 +10.2%
Expenses $2,975,623 $352,745 +7.4%
Net Income $-17,778 $-87,889 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Liquidity & Cash Position

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

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
100

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
$75,000
Key Employees
1
$75,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mark Arnold CEO 60
Director Key Emp Highest
$75,000 $0 $75,000
Ken Adams Chair, Board of Directors 5
Director
$0 $0 $0
Bryant Rankin Vice-Chair, Board of Directors 2
Director
$0 $0 $0
Rob Batchelder Secretary, Board of Directors 2
Director
$0 $0 $0
Neil Corvino Member-at-large, Board of Directors 1
Director
$0 $0 $0
John Matthews Member-at-large, Board of Directors 1
Director
$0 $0 $0
BJ Brooks Member-at-large, Board of Directors 1
Director
$0 $0 $0
Janet Archibeque Treasurer 10.00
Director
$0 $0 $0
Joy Burris Member at large 1
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 $2,957,845 $2,975,623 $521,552 $-17,778
2024 $2,752,355 $3,064,944 $491,076 $-312,589
2024 $264,856 $352,745 $551,112 $-87,889
2024 $2,752,355 $3,064,944 $491,076 $-312,589
2023 $2,438,095 $3,102,861 $777,586 $-664,766
2022 $3,247,135 $2,667,882 $1,445,989 $579,253
2021 $1,975,657 $1,436,731 $630,059 $538,926
2021 $1,975,657 $1,464,856 $644,081 $510,801
2020 $871,142 $905,572 $529,171 $-34,430
2019 $2,051,015 $2,108,234 $345,884 $-57,219
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