PIKES PEAK ARTS COUNCIL

EIN: 846060444 501(c)(3)

COLORADO SPRINGS, CO

Total Revenue
$189,555
Total Expenses
$21,009
Total Assets
$168,546
Net Assets
$168,546
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
CO
Tax Period
2023-01-01 to 2023-12-31

PIKES PEAK ARTS COUNCIL, founded in 2020, is a small nonprofit that reported $190K in total revenue in fiscal year 2023. The organization ran a surplus of $169K, a strong 89% operating margin.

Mission

SUPPORT HONOR AND CONNECT LOACL 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 (2023)

Revenue Breakdown

Contributions & Grants $189,477
Program Service Revenue $0
Investment Income $78
Other Revenue $0
TOTAL REVENUE $189,555

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $21,009
Other Expenses $21,009
TOTAL EXPENSES $21,009

Year-over-Year Comparison

2023 2022 Change
Revenue $189,555 $189,555 N/A
Expenses $21,009 $21,009 N/A
Net Income $168,546 $168,546 N/A
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

Financial Distress Indicator

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
N/A
Independent Members
N/A
Employees
N/A
Volunteers
2

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAYLEEN PICARD TREASURER 20.00
Officer
$0 $0 $0
ARIEL FLATT PRESIDENT 20.00
Officer
$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 $189,555 $21,009 $168,546 $168,546
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