Colorado Business Committee for the Arts

Nonprofit profile at a glance

EIN
742368958
IRS 990 coverage
2013–2025
Forms available
Form 990 2025
Location
Denver, CO, USA
Phone
7204286720
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts Council/Agency

Reported finances

Revenue
$628,116
Expenses
$626,298
Assets
$439,014
Liabilities
$198,066

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

27 people listed

Highest reported compensation

  • CHRISTIN CRAMPTON DAY (EXECUTIVE DI): $125,050 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

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.

What it reported doing in 2025

In 2025, cbca served thousands of people across Colorado through various programs and events in celebration of the organizations 40th anniversary. Cbca member companies, their employees and the general public, including business professionals, arts administrators, creative entrepreneurs, civic leaders and more participated in cbca activities. Programs connect businesses and their employees with leadership and engagement opportunities in the cultural sector; provide artists with legal assistance and business skills training; and advocate for colorados creative ecosystem through research, recognition and policy development. -------------------- see schedule o for details -------------------------

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 95% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 84
  • Accountability: 90
  • Sustainability: 28
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 65.3%; rating input score 65
  • Program expense ratio: 65%; rating input score 65
  • Fundraising efficiency: $6.75 raised per $1 spent on fundraising; rating input score 23; 23rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 26th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 73.7%; rating input score 74; 37th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 0.3%; rating input score 31; 31st percentile among comparable filings
  • Total-asset coverage ratio: 0.7; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 0.45; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 20%; rating input score 16; 16th percentile among comparable filings

Growth

  • Program expense growth: 9.5% per year; rating input score 100; 56th percentile among comparable filings
  • Revenue growth: 9.2% per year; rating input score 100; 58th percentile among comparable filings
  • Asset growth: 10% per year; rating input score 100; 55th percentile among comparable filings

Details

  • Where the money goes: 65.3% of revenue deployed · 65% of spending went to programs
  • Governance: 22 of 22 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $407K in reported program spending
  • Leadership: top reported pay $125K · 27 people listed
  • Consistency: 32 of 33 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 13 filing years from 2013 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Financial Efficiency: Fundraising efficiency scored 23/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • Moderate — Sustainability: Operating margin scored 31/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.
  • High — Sustainability: Officer compensation ratio scored 16/100.