Montrose Center for Arts

Nonprofit profile at a glance

EIN
814159361
IRS 990-EZ coverage
2020–2025
Forms available
Form 990-EZ 2025
Location
Montrose, CO, USA
Phone
9707879428
Rating
45
Verdict
MIXED
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Reported finances

Revenue
$77,700
Expenses
$51,265
Assets
$70,971
Liabilities
$1,445

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

Leadership & pay

10 people listed

Executive titles in this filing

  • Pat Chaloupek (President)
  • Robert LaRose (Vice President)

People named in this filing

  • Pat Chaloupek (President)
  • Robert LaRose (Vice President)
  • Cathleen Treacy (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Montrose Center for Arts operates a community art center for the purpose of celebrating the joy of art and encouraging creativity and diversity within the community. The Center's programs include operating gallery spaces with approx 12 themed artist shows per year for the display and sale of art created by local artisans, hosting artist receptions and community art talks, offering affordable art classes, managing a community-based art exhibits program (AIM), and developing youth-oriented programs designed to increase art awareness and the availability of art supplies to area youth.

What it reported doing in 2025

COMMUNITY AND MEMBER-BASED ART GALLERY providing local artists a venue to show and sell their art with a low cost commission rate of 30% to MCA. Expense noted is actual expenses for gallery. It does not include artists portion of sale that are noted on line 7B of the 990EZ

Operating model

Revenue model
Other-operating. 67% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 92% 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

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 14
  • Transparency & Controls: 82
  • Sustainability: 65
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 12.2%; rating input score 12
  • Program expense ratio: 17.8%; rating input score 18

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 34%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 1.38; rating input score 56; 56th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 22; 22nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -12.7% per year; rating input score 0; 25th percentile among comparable filings
  • Revenue growth: 3.3% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: -9.5% per year; rating input score 0; 18th percentile among comparable filings

Details

  • Where the money goes: 12.2% of revenue deployed · 17.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $9K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2020 to 2025
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 12/100.
  • High — Financial Efficiency: Program expense ratio scored 18/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 56/100.
  • High — Sustainability: Liabilities to assets ratio scored 22/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.