ARTISTICO

EIN: 852156066 501(c)(3) Arts, Culture & Humanities

Denver, CO

Total Revenue
$367,392
Total Expenses
$411,347
Total Assets
$540,738
Net Assets
$-121,193
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
CO
Principal Officer
Jose Rosales
Phone
7206007045
Tax Period
2023-01-01 to 2023-12-31

ARTISTICO, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $367K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. Expenses of $411K exceeded revenue, resulting in a 12% operating deficit.

Mission

ArtistiCO strives to build community by providing a well rounded dance academy serving children and youth; provide educational outreach and share the art of dance through world class dance performances. We strongly believe in fostering, preserving, and advancing a culture of equity in order to ensure an inclusive atmosphere both onstage and behind the scenes. ArtistiCO is committed to bringing the art of dance to educational institutions, unlimited stages and to the hearts of our community.

Program Service Accomplishments

Program 1
Expenses: $128,341 Revenue: $129,321

Tuition for Dance Classes -Training and instruction for students in the arts of Mexican folk dance, classical and contemporary ballet

Program 2
Expenses: $126,506 Revenue: $19,407

Dance Performance - The company performs multiple times throughout the year to demonstrate the beauty of Latino culture through dance and art.

Program 3
Expenses: $104,385

Educational & Outreach - Summer camps for youth including dance and arts & crafts.

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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 $218,664
Program Service Revenue $148,728
Investment Income $0
Other Revenue $0
TOTAL REVENUE $367,392

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $17,210
Program Expenses $359,232
Other Expenses $411,347
TOTAL EXPENSES $411,347

Year-over-Year Comparison

2023 2022 Change
Revenue $367,392 $423,372 -0.1%
Expenses $411,347 $392,410 +0.0%
Net Income $-43,955 $30,962 -2.4%
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

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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
3
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Marcia Romero Vice Chair 1.00
Officer
$0 $0 $0
Rachel Garcia Chair 1.00
Officer
$0 $0 $0
Perla Gheiler Secretary 1.00
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
2024 No data No data No data No data
2023 $367,392 $411,347 $540,738 $-43,955
2022 $423,372 $392,410 $14,039 $30,962
2021 $117,000 $105,000 $90,000 $12,000
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