Tango Colorado Inc

Nonprofit profile at a glance

EIN
841590787
IRS 990-EZ coverage
2013–2025
Forms available
Form 990-EZ 2025, Form 990-N 2023
Location
Denver, CO, USA
Phone
9704432481
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Performing Arts Organizations

Reported finances

Revenue
$92,690
Expenses
$84,998
Assets
$118,048

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

Leadership & pay

7 people listed

Executive titles in this filing

  • DAN SHANER (PRESIDENT)

People named in this filing

  • DAN SHANER (PRESIDENT)
  • ANALII STERMITZ (VICE PRESIDE)
  • JERRY COSTELLO (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

Tango Colorado's mission is to provide a forum where people can meet regularly to learn, practice, and perform argentine tango with its traditional music and culture. To achieve this mission, we provide regular classes, social dances and events with the goal of fostering public awareness and community building in an inclusive, educational and welcoming atmosphere. We honor the authentic "codigos" (codes) of argentine tango regarding etiquette and floor craft. Tango Colorado serves as a respected and constant resource for organizations and individuals who wish to become involved in this unique dance.

What it reported doing in 2025

Each year, tango Colorado hosts: - 52 practicas with an average of 108 attendees in 2025, each including three lessons, a guided practica, and a "practilonga" - 12 milongas, with an average of 72 attendees and a lesson - 2 free, outdoor milongas at the historic cheesman park pavilion - a free, beginner-oriented weekend festival called denver does tango, which in 2025 had over 400 attendees take over 1300 classes and attend a live-orchestra gala

Operating model

Revenue model
Earned-program. 75% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 98% 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 100
  • Sustainability: 50
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.1%; rating input score 82
  • Program expense ratio: 88.7%; rating input score 89

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: 8.3%; rating input score 58; 58th percentile among comparable filings
  • Total-asset coverage ratio: 1.39; rating input score 56; 56th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 5.9% per year; rating input score 100; 63rd percentile among comparable filings
  • Revenue growth: 6% per year; rating input score 100; 72nd percentile among comparable filings
  • Asset growth: 5.2% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 82.1% of revenue deployed · 88.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $75K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2013 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.

  • Review — Sustainability: Operating margin scored 58/100.
  • Review — Sustainability: Total-asset coverage ratio scored 56/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.