Muse Performance Space Aka The Muse

Nonprofit profile at a glance

EIN
831012499
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Lafayette, CO, USA
Phone
3039748387
Rating
39
Verdict
REVIEW
Rating confidence
Moderate
Sector
Performing Arts Centers

Official website

Reported finances

Revenue
$150,291
Expenses
$159,014
Assets
$69,781
Liabilities
$6,536

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

Leadership & pay

7 people listed

Executive titles in this filing

  • Pete Lewis (President)

People named in this filing

  • Clare Church (Executive Dir.)
  • Pete Lewis (President)
  • Sarah Goodroad (Board Member)

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

To provide a space for musicians and artists to present their work, as well as a space for student recitals, concerts and educational workshops

What it reported doing in 2024

Donated venue time to the Colorado Conservatory for the Jazz Arts Adult Jazz Jam, supporting a fellow nonprofits mission. We also ran the monthly Muse Jazz Jam, hiring professional musicians to mentor participants regardless of audience donations. These programs helped foster community engagement and skill development in an inclusive, low-cost environment.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Hybrid. The nonprofit split its reported program spending across 70% for direct work, and 30% for grants.

The verdict

REVIEW - The filed numbers largely add up and revenue has grown recently. 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: 4
  • Transparency & Controls: 82
  • Sustainability: 26
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 3.7%; rating input score 4
  • Program expense ratio: 3.5%; rating input score 4

Transparency & Controls

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

Sustainability

  • Operating margin: -5.8%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 0.44; rating input score 34; 34th percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 25; 25th percentile among comparable filings
  • Officer compensation ratio: 5.8%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: -69.4% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: 7.2% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: 20.3% per year; rating input score 100; 80th percentile among comparable filings

Details

  • Where the money goes: 3.7% of revenue deployed · 3.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $6K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 4/100.
  • High — Financial Efficiency: Program expense ratio scored 4/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Operating margin scored 21/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
  • High — Sustainability: Officer compensation ratio scored 23/100.
  • High — Sustainability: Liabilities to assets ratio scored 25/100.