Summit County Arts Council

Nonprofit profile at a glance

EIN
841248466
IRS 990-EZ coverage
2010–2025
Forms available
Form 990-EZ 2025, Form 990-N 2009
Location
Frisco, CO, USA
Phone
9704536450
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Art Museums

Reported finances

Revenue
$82,027
Expenses
$61,376
Assets
$168,544
Liabilities
$24,957

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

Leadership & pay

5 people listed

Executive titles in this filing

  • Teri Hendrix (President)
  • Kelley DeCleene (Vice President)

People named in this filing

  • Gary Nichols (At Large)
  • Richard Seeley (Treasurer)
  • Lisa Lindsey (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

A membership organization promoting the visual arts in Summit County by supporting showcasing local artists, Grants to the local school district supporting the art classes, paying for Summit county art teachers to attend the Colorado Art Education Association fall conference, and awarding scholarships to students attending higher education studying art, Arts @ Altitude A weekend event in the fall with invited artists to showcase and sell Merchandise in cooperation with the Town of Frisco Fall Festival. Arts Alive a Coop gallery giving local artists gallery exposure not otherwise available to them in the summit county area.

What it reported doing in 2025

Arts Alive A co-op art gallery giving local artists gallery exposure not otherwise available to them in the summit county area. This is a benefit to approximately 35 to 40 local artists.

Operating model

Revenue model
Other-operating. 71% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 89% 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. Liabilities are high compared with assets and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 100
  • Sustainability: 65
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.6%; rating input score 74
  • Program expense ratio: 97.5%; rating input score 98

Transparency & Controls

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

Sustainability

  • Operating margin: 25.2%; rating input score 76; 76th percentile among comparable filings
  • Total-asset coverage ratio: 2.75; rating input score 73; 73rd percentile among comparable filings
  • Liabilities to assets ratio: 0.15; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 2.3% per year; rating input score 100; 54th percentile among comparable filings
  • Revenue growth: 5% per year; rating input score 100; 69th percentile among comparable filings
  • Asset growth: 13.6% per year; rating input score 100; 77th percentile among comparable filings

Details

  • Where the money goes: 73.6% of revenue deployed · 97.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $60K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 12 filing years from 2010 to 2025
  • 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.

  • High — Sustainability: Liabilities to assets ratio scored 13/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.