| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
||||||
| Calendar year (or fiscal year beginning in) | (a) 2021 | (b) 2022 | (c) 2023 | (d) 2024 | (e) 2025 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | ||||||
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf .... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | ||||||
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | ||||||
| Calendar year (or fiscal year beginning in) | (a) 2021 | (b) 2022 | (c) 2023 | (d) 2024 | (e) 2025 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | ||||||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | ||||||
| Calendar year (or fiscal year beginning in) | (a) 2021 | (b) 2022 | (c) 2023 | (d) 2024 | (e) 2025 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") | 600,624 | 462,165 | 509,719 | 498,943 | 440,978 | 2,512,429 |
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | 61,646 | 104,789 | 119,442 | 106,881 | 136,188 | 528,946 |
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | 662,270 | 566,954 | 629,161 | 605,824 | 577,166 | 3,041,375 |
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | 42,500 | 127,500 | 60,000 | 207,500 | 40,000 | 477,500 |
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | 42,500 | 127,500 | 60,000 | 207,500 | 40,000 | 477,500 |
| 8 | Public support. (Subtract line 7c from line 6.) | 2,563,875 | |||||
| Calendar year (or fiscal year beginning in) | (a) 2021 | (b) 2022 | (c) 2023 | (d) 2024 | (e) 2025 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6 | 662,270 | 566,954 | 629,161 | 605,824 | 577,166 | 3,041,375 |
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | 25 | 96 | 6,581 | 8,408 | 8,382 | 23,492 |
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | ||||||
| c | Add lines 10a and 10b | 25 | 96 | 6,581 | 8,408 | 8,382 | 23,492 |
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | -16,316 | 58,899 | 46,354 | 10,268 | 13,136 | 112,341 |
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | 645,979 | 625,949 | 682,096 | 624,500 | 598,684 | 3,177,208 |
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
|||||
| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6Total annual distributions. Add lines 1 through 5. | 6 | |
|
7
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
7 | |
| 8 Distributable amount for 2025 from Section C, line 6 | 8 | |
| 9 Line 7 amount divided by Line 8 amount | 9 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2025 |
(iii) Distributable Amount for 2025 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2025 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2025 (reasonable cause required-- explain in Part VI).
See instructions. |
||||
| 3 Excess distributions carryover, if any, to 2025: | ||||
| a From 2020....... | ||||
| b From 2021....... | ||||
| c From 2022....... | ||||
| d From 2023....... | ||||
| e From 2024....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2025 distributable amount | ||||
|
i
Carryover from 2020 not applied (see instructions) |
||||
| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2025 from Section D, line 6: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2025 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2025, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
||||
|
6
Remaining underdistributions for 2025. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
||||
|
7 Excess distributions carryover to 2026. Add lines 3j and 4c. |
||||
| 8 Breakdown of line 7: | ||||
| a Excess from 2021..... | ||||
| b Excess from 2022..... | ||||
| c Excess from 2023..... | ||||
| d Excess from 2024..... | ||||
| e Excess from 2025..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| PART III, LINE 12 | 112,341 |
| Software ID: | |
| Software Version: |
| Return Reference | Explanation |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | COLORADO BUSINESS COMMITTEE FOR THE ARTS (CBCA)S MISSION IS TO ADVANCE COLORADOS CREATIVE ECONOMY BY CONNECTING BUSINESS AND ARTS. WE ACCOMPLISH THIS MISSION THROUGH STATEWIDE ADVOCACY, RESEARCH, TRAINING, VOLUNTEERISM AND ARTS ENGAGEMENT EFFORTS. CBCA HAS BEEN FORGING INSPIRING ARTS AND BUSINESS PARTNERSHIPS SINCE 1985. |
| FORM 990, PAGE 1, PART I, LINE 6 | CBCA RELIES ON A LARGE NUMBER OF PART-TIME VOLUNTEERS TO PROVIDE SUBJECT MATTER EXPERTISE, ORGANIZATIONAL GUIDANCE, EVENT SUPPORT AND PRO BONO SERVICES. THE LARGEST NUMBER OF VOLUNTEERS ASSOCIATED WITH CBCA PERTAIN TO COLORADO ATTORNEYS FOR THE ARTS (CAFTA), WHICH IS A REFERRAL SERVICE THAT CONNECTS INCOME-QUALIFIED ARTISTS AND CREATIVE ENTITIES TO VOLUNTEER ATTORNEYS WILLING TO PROVIDE PRO BONO LEGAL SERVICES. THERE ARE 120 VOLUNTEER ATTORNEYS REGISTERED WITH CAFTA WHO REGULARLY RECEIVE OPPORTUNITIES TO VOLUNTEER THEIR LEGAL ASSISTANCE TO SUPPORT COLORADO ARTISTS OR CULTURAL ORGANIZATIONS. IN ADDITION TO CBCA'S BOARD OF DIRECTORS, WHICH CAN HAVE UP TO 28 PEOPLE, AN ADDITIONAL 45-50 COMMUNITY MEMBERS VOLUNTEER TO SERVE ON ORGANIZATIONAL AND PROGRAMMATIC COMMITTEES. FINALLY, CBCA HAS VOLUNTEERS ASSIST AT MAJOR EVENTS, LIKE THE ANNUAL BUSINESS FOR THE ARTS AWARDS LUNCHEON. THEREFORE, IT IS ESTIMATED THAT CBCA HAS APPROXIMATELY 200 VOLUNTEERS ASSOCIATED WITH THE ORGANIZATION. |
| FORM 990, PART III | CBCA CELEBRATED ITS 40TH ANNIVERSARY AT THE ANNUAL BUSINESS FOR THE ARTS AWARDS LUNCHEON IN APRIL 2025. THIS EVENT RECOGNIZED 12 DIVERSE HONOREES FOR THEIR ARTS & BUSINESS PARTNERSHIPS. OVER 660 LUNCHEON ATTENDEES ALSO ENJOYED REMARKS FROM COLORADOS GOVERNOR AND SEVERAL LIVE PERFORMANCES FEATURING THEATRE, MUSIC AND DANCE. CBCAS LEADERSHIP ARTS PROGRAM CONTINUED TO INSPIRE AND EQUIP A COHORT OF OVER 50 PROFESSIONALS TO SERVE ON NONPROFIT CULTURAL BOARDS AND INCREASE THEIR CIVIC ENGAGEMENT IN THE ARTS THROUGH A NINE-MONTH TRAINING PROGRAM. WITH 1,200 PAST GRADUATES, CBCA FACILITATED THE LEADERSHIP ARTS ALUMNI NETWORK TO KEEP PARTICIPANTS CONNECTED TO EACH OTHER AND THE CULTURAL COMMUNITY. CBCA SERVED HUNDREDS OF ARTISTS AND CREATIVE ENTITIES BY PROVIDING BUSINESS EDUCATION AND PRO BONO LEGAL SUPPORT THROUGH COLORADO ATTORNEYS FOR THE ARTS (CAFTA) AND ADVANCING CREATIVES INTENSIVE (ACI) PROGRAMS. CBCA CELEBRATED THE 10-YEAR ANNIVERSARY OF LAUNCHING CAFTA IN SEPTEMBER 2025 AND HOSTED THE NATIONAL VOLUNTEER LAWYERS FOR THE ARTS CONFERENCE IN DENVER. CBCA MEMBER COMPANIES AND THEIR EMPLOYEES ATTENDED MONTHLY ARTSCONNECT EVENTS. THESE DIVERSE CULTURAL OPPORTUNITIES PROVIDED OVER 700 FREE TICKETS IN 2025, WHICH HELPED TO BUILD NEW ARTS AUDIENCES. IN 2025, CBCA DEVELOPED, PUBLISHED AND DISTRIBUTED THE LATEST ECONOMIC ACTIVITY STUDY OF METRO DENVER CULTURE, WHICH QUANTIFIED THE FINANCIAL AND SOCIAL IMPACT OF ARTS, CULTURAL AND SCIENTIFIC ORGANIZATIONS IN THE SEVEN- COUNTY DENVER METRO REGION. THE STUDY WAS RELEASED WITH A 300-PERSON EVENT AT THE DENVER ART MUSEUM. CBCA HAS BEEN PUBLISHING THIS BIENNIAL REPORT FOR OVER 30 YEARS. CBCAS GRASSROOTS AND DIRECT ADVOCACY FOR COLORADOS ARTS, CULTURAL AND CREATIVE SECTOR ALSO CONTINUED IN 2025. CBCA FOCUSED ON ROLLING OUT COLORADOS ARTS POLICY FRAMEWORK AND A NEW ARTS EDUCATION POLICY BRIEF TO GUIDE FUTURE PROACTIVE ADVOCACY INITIATIVES. THESE EFFORTS INCLUDED ENGAGEMENT WITH COLORADOS ARTS CAUCUS AT THE STATE LEGISLATURE AND CONVERSATIONS WITH KEY STAKEHOLDERS. CBCA ADMINISTERS THE COLORADO ARTS ACTION NETWORK, A GRASSROOTS MOBILIZATION PLATFORM THAT MAKES IT EASY FOR CONSTITUENTS TO BE INFORMED AND CONTACT THEIR LEGISLATORS ABOUT ARTS POLICY. CBCA STAFF ALSO PARTICIPATE IN NATIONAL ARTS ADVOCACY COALITIONS ON BEHALF OF COLORADO THROUGH AMERICANS FOR THE ARTS, CREATIVE STATES COALITION AND CREATIVE WEST. IN FALL 2025, CBCAS BOARD OF DIRECTORS UNVEILED A NEW STRATEGIC PLAN FOR 2026-2029. THIS PLAN SET GOALS, STRATEGIES AND OBJECTIVES FOR THE NEXT FOUR YEARS TO DEEPEN CBCAS ENGAGEMENT WITH THE BUSINESS COMMUNITY, EXPAND STATEWIDE IMPACT AND INCREASE ORGANIZATIONAL EFFICIENCY AND SUSTAINABILITY. |
| FORM 990, PAGE 6, PART VI, LINE 11B | PRIOR TO FILING THE RETURN WITH THE IRS, THE ORGANIZATIONS STAFF, FINANCE COMMITTEE AND FULL BOARD OF DIRECTORS REVIEWED THE 990 AND HAD AN OPPORTUNITY TO ASK QUESTIONS TO THE PREPARER OF THE 990, WHO WORKED WITH THE AUDITOR OF THE FINANCIAL STATEMENTS. THE 990 WAS READY TO BE FILED ONCE ALL QUESTIONS WERE ANSWERED AND STATEMENTS WERE REVIEWED AND CONFIRMED. |
| FORM 990, PAGE 6, PART VI, LINE 12C | IF ANY CONFLICT OF INTEREST ARISES WITH A BOARD MEMBER, THEY ARE REQUIRED TO DISCLOSE IT TO THE OTHER BOARD MEMBERS IMMEDIATELY. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED ANNUALLY BY THE CHAIR OF THE BOARD WITH INPUT FROM THE EXECUTIVE COMMITTEE. |
| FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING AND FINANCIAL DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | PROFESSIONAL FEES 24,263 2,030 1,143 CONTRACT SERVICES 42,624 994 487 TOTAL 66,887 3,024 1,630 |
| Software ID: | |
| Software Version: |