Artistico
Nonprofit profile at a glance
- EIN
- 852156066
- IRS 990 coverage
- 2021–2024
- Forms available
- Form 990 2024, Form 990-N 2020
- Location
- Denver, CO, USA
- Phone
- 7206007045
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Performing Arts Organizations
Reported finances
- Revenue
- $454,795
- Expenses
- $407,082
- Assets
- $599,564
- Liabilities
- $569,693
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Jose Rosales (CEO)
Highest reported compensation
- Jose Rosales (CEO): $20,000 total reported compensation
- Alfonso Meraza (Artistic Director): $20,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
ArtistiCO uplifts, educates, and promotes Latinx culture through professional dance performances, arts education, and community engagement. The organization preserves and advances the traditions of Mexican folklórico and other Latin American cultural expressions by providing high-quality performances, youth and adult dance instruction, cultural programming, and accessible arts experiences that strengthen communities, celebrate heritage, and inspire the next generation of artists.
What it reported doing in 2024
Arts Education & Dance Academy ArtistiCO provided year-round dance education through its academy, offering culturally rooted instruction in Mexican folklórico and other Latin American dance traditions for children, youth, and adults. Students participated in regular classes, performances, workshops, and community engagement opportunities that promoted cultural preservation, artistic excellence, and leadership development.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 93
- Accountability: 72
- Sustainability: 44
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.5%; rating input score 90
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 9 controls in place; rating input score 33
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 10.5%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 1.47; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: 0.95; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: 30.3% per year; rating input score 100; 90th percentile among comparable filings
- Revenue growth: 28.1% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 66.1% per year; rating input score 100; 98th percentile among comparable filings
Details
- Where the money goes: 89.5% of revenue deployed · 100% of spending went to programs
- Governance: 3 of 3 board members independent · 3 of 9 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $20K · 5 people listed
- Consistency: 21 of 22 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 6 of 9 not reported.
- Moderate — Transparency & Controls: Schedule D land buildings reconciliation did not reconcile in the filed values.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.