Denver Fringe Festival Inc

Nonprofit profile at a glance

EIN
850836510
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2020
Location
Denver, CO, USA
Phone
3039312200
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Theater

Official website

Reported finances

Revenue
$156,868
Expenses
$135,781
Assets
$87,336
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Ann Sabbah (President)

People named in this filing

  • Ann Sabbah (President)
  • Basil Sabbah (Treasurer)
  • Kalen Acquisto (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Denver Fringe Festival is an annual, open-access festival that supports bold, progressive arts and diverse voices in all genres of performance arts. Our primary purpose is to support independent artists and promote access to original performing arts - theatre, comedy, improv, aerial, dance, immersive experiences and more.

What it reported doing in 2024

2024 Denver Fringe Festival: A four-day festival that featured 180 performances by 65 independent performers/performing groups at 20 performance venues; a two-day KidsFringe mini-fest with four (4) free shows for kids and families; 16 free pop-up performances and two free workshops open to the public; free workshopping and community-building events for performers; 300 writers, directors, designers and performers; 30 volunteers who contributed 150-200 person-hours during the festival; 6,000+ people attended performances and events; performers received 70 percent of net ticket revenue

Operating model

Revenue model
Earned-program. 63% of the money available for current operations came from fees and other program revenue.
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. Total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 92
  • Transparency & Controls: 82
  • Sustainability: 60
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.6%; rating input score 87
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 13.4%; rating input score 64; 64th percentile among comparable filings
  • Total-asset coverage ratio: 0.64; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 39.3% per year; rating input score 100; 88th percentile among comparable filings
  • Revenue growth: 41.3% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 33.1% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 86.6% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $136K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • 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 — Sustainability: Total-asset coverage ratio scored 45/100.