Durango Playfest
Nonprofit profile at a glance
- EIN
- 832805762
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024
- Location
- Durango, CO, USA
- Phone
- 9707692089
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Performing Arts Organizations
Reported finances
- Revenue
- $197,215
- Expenses
- $191,568
- Assets
- $112,786
- Liabilities
- $2,712
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- TERESA LASHLEY (BOARD CHAIR)
- CATHERINE BOYLE (VICE CHAIR)
- BUD FRANKS (TREASURER)
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
Our mission is to attract nationally known and emerging artists to durango, to engage and educate the community while bolstering economic vitality through the development of new works in an intimate and collaborative forum. We strive to make professional artistic expertise and experience accessible to students, educators and community members in the four courners region and provide a nurturing environment for playwrights to develop their work.
What it reported doing in 2024
Accomplishments for the fiscal year ended september 30, 2025: - planned and executed the 2025 festival, featuring diverse voices and topics. - increased number of ticket sales. - hired fort lewis college students/alumni and community members into paid festival positions. - recruited two new corporate sponsors. - increased the number of youth speaker series events to two. Goals for the fiscal year ending september 30, 2026: - plan and execute the 2026 festival, featuring diverse voices and topics. - move to a larger venue to accommodate more ticket sales. - increase corporate sponsors by 20 percent. - develop volunteer program.
Operating model
- Revenue model
- Donor-supported. 82% of the money available for current operations came from contributions and gifts.
- 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 100
- Sustainability: 44
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69%; rating input score 69
- Program expense ratio: 71%; rating input score 71
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 2.9%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 0.59; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 36; 36th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 9.8% per year; rating input score 100; 60th percentile among comparable filings
- Revenue growth: 6.9% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: 23.7% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: 69% of revenue deployed · 71% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $136K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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: Operating margin scored 42/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 36/100.