NonprofitsColorado Music Festival

Arts, Culture & Humanities

Colorado Music Festival

BOULDER, CO

Total revenue

$5.2M

Total expenses

$3.7M

Net assets

$2.4M

Grants received

$2.3M

70 grants

EIN

840735716

Tax year

2024

Mission

To inspire and connect community members of all ages by providing access to the best of the world's music through education and performance.

Programs

1 program

The center for musical arts had its most successful year ever as it continued to see growth in private lesson and ensemble enrollment. Faculty member alex sierra was named the winner of the faculty inspiration award by the 2023 winner michael quam. The tiny stage was featured in many local festivals and celebrations, boasting the presentation of musical performances to over 20,000 individuals in the region. While the student lounge saw a refresh with new paint and furniture, an office space was also transitioned into a lesson studio as the building is reaching maximum capacity on several weekday afternoons. The founders hall space has also seen a major uptick in usage with our own student and faculty recitals, cma concert series and a number of outside rentals including peer arts organizations and public schools. The organization merged with the colorado music festival endowment in 2024, in conjunction with increased emphasis on fundraising for pay equity, building reserve funds, special projects and increasing focus on legacy giving. The organization hired an outside fundraising consultant to run a campaign with the expectation of announcing the campaign publically in the spring of 2025. The merger comes with the addition of several new policies involving investment and gift acceptance. Advance 2025 festival ticket sales and sponsorships are tracking positively.

Expenses: $574K

Financials

FY 2024

Revenue

Contributions & grants$3.9M
Program service revenue$1.3M
Investment income
Other revenue
Total revenue$5.2M

Expenses

Grants paid
Salaries & benefits$1.8M
Fundraising$525K
Other expenses$1.6M
Total expenses$3.7M
Total assets$3.4M
Net assets$2.4M

People

14 listed

NameRoleCompensation

ELIZABETH MCGUIRE

EXECUTIVE DIRECTOR

Board

$122K

40 hrs/wk

DAVID BRUNEL

VICE PRESIDENT

Board

2 hrs/wk

LARRY JONES

TREASURER

Board

2 hrs/wk

ANNE BEER

SECRETARY

Board

2 hrs/wk

NORMA EKSTRAND

TRUSTEE

Board

1 hrs/wk

DOREE HICKMAN

TRUSTEE

Board

1 hrs/wk

CARYL KASSOY

TRUSTEE

Board

1 hrs/wk

JIM HEETER

PRESIDENT

Board

3 hrs/wk

COATES SAMUELSON

TRUSTEE

Board

1 hrs/wk

AMY HARTMAN

TRUSTEE

Board

1 hrs/wk

KATHY KROL

TRUSTEE

Board

1 hrs/wk

KATHY CZERNY

TRUSTEE

Board

1 hrs/wk

JOE ROMANO

TRUSTEE

Board

1 hrs/wk

JOHN KRAMPF

TRUSTEE

Board

1 hrs/wk

Independent contractors

ISABELPRATT LLC

FUNDRAISING

$165K

Grants received

Showing 70 of 70

FromAmountPurposeYear
$759K
TO SUPPORT LOCAL COMMUNITY MUSIC EDUCATION AND PERFORMANCE.
2024
$75K
GENERAL FUND FOR ARTS & CULTURE
2024
$34K
GENERAL PURPOSE, GENERAL OPERATING SUPPORT
2024
$25K
DONOR-DRIVEN GRANTMAKING
2024
$15K
General operating support
2024
$10K
Heartstrings Program
2024
$3K
General/Unrestricted
2024
$250K
TO SUPPORT LOCAL COMMUNITY MUSIC EDUCATION AND PERFORMANCE.
2023
$30K
FOR PROGRAM SUPPORT.
2023
$29K
GENERAL PURPOSE
2023
$25K
FOR GENERAL SUPPORT
2023
$25K
DONOR-DRIVEN GRANTMAKING
2023
$21K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$20K
For grant recipient's exempt purposes
2023
$14K
ARTS, CULTURE & HUMANITIES
2023
$8K
General operating support
2023
$3K
General/Unrestricted
2023
$3K
General/Unrestricted
2023
$1K
MUSIC/ARTS
2023
$44K
GENERAL PURPOSE
2022
$40K
TO SUPPORT LOCAL COMMUNITY MUSIC EDUCATION AND PERFORMANCE.
2022
$25K
LIFESONG CHORUS - A MEMORY-CARE CHORAL GROUP
2022
$18K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$15K
For grant recipient's exempt purposes
2022
$9K
ARTS, CULTURE & HUMANITIES
2022
$5K
SUPPORT MUSICAL FREEDOM PROGRAM
2022
$3K
General/Unrestricted
2022
$3K
Center for the Musical Arts
2022
$2K
William B. Friedeman's Board of Director Grant to the LifeSong Chorus Program at the Center for Musical Arts
2022
$1K
MUSIC/ARTS
2022
$80K
TO SUPPORT LOCAL COMMUNITY MUSIC EDUCATION AND PERFORMANCE.
2021
$43K
General operating support, musician support, Heartstrings Program, and various others
2021
$26K
For grant recipient's exempt purposes
2021
$26K
For grant recipient's exempt purposes
2021
$17K
ARTS, CULTURE & HUMANITIES
2021
$13K
For recipient's exempt purpose
2021
$3K
Center for the Musical Arts fund
2021
$50K
FOR GENERAL SUPPORT.
2020
$40K
GENERAL PURPOSE
2020
$40K
General Operating Support
2020
$25K
General Support for CO Music Festival & Center for Musical Arts
2020
$17K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$12K
ARTS, CULTURE & HUMANITIES
2020
$11K
GENERAL OPERATING SUPPORT
2020
$7K
For grant recipient's exempt purposes
2020
$6K
CULTURE & ARTS
2020
$5K
General & Unrestricted
2020
$5K
SUPPORT MUSICAL FREEDOM PROGRAM
2020
$4K
General/Unrestricted
2020
$2K
SEE ATTACHMENT
2020
$1K
EMPLOYEE MATCHING GRANT
2020
$100
EMPLOYEE GIVING PROGRAM
2020
$30K
ARTS, CULTURE & HUMANITIES
2019
$25K
GENERAL PURPOSE
2019
$8K
For grant recipient's exempt purposes
2019
$19K
ARTS, CULTURE & HUMANITIES
2018
$9K
For grant recipient's exempt purposes
2018
$1K
TO FOSTER AND PROMOTE ACTIVITIES OF RECIPIENT.
2018
$16K
ARTS, CULTURE & HUMANITIES
2017
$10K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$2K
GRANT AWARD
2017

Funded by

$2.3M from 28 funders · 70 grants · 2017–2024

Cmf Endowment Fund

$1.1M · 4 grants · 2021–2024

Community Foundation Boulder County

$222K · 5 grants · 2020–2024

Colorado Gives Foundation

$173K · 5 grants · 2019–2024

The William H Donner Foundation Inc

$135K · 5 grants · 2020–2024

Fidelity Investments Charitable Gift Fund

$120K · 8 grants · 2017–2023

Donor Advised Charitable Giving Inc

$118K · 7 grants · 2017–2023

Michael E Mcgoldrick Charitable

$75K · 1 grant · 2024

Fairfield County's Community Foundation

$75K · 2 grants · 2020–2023

Details

EIN840735716
NTEE codeA680
Subsection03
Ruling date1976-07
Formed1976
Employees189
Volunteers100
COLORADO MUSIC FESTIVAL — Mission, Financials & Grants Received | Grantivo