2024-08-13T10:03:32-05:00 2023-12-31 341854260 CBIZ EBK 90 S CASCADE AVE STE 200 COLORADO SPRINGS CO 80903 990 2023-01-01 841418850 COLORADO SPRINGS COMMUNITY VENTURES INC COLO 7198860088 111 S TEJON ST SUITE 703 COLORADO SPRINGS CO 80903 SUSAN EDMONDSON CHIEF EXECUTIVE OFFICER 7198860088 2024-08-12 1 1 MITCHELL DOWNS CPA P00831972 7195310445 2024-08-12 2023 2024-08-08 14:25:15Z SUSAN EDMONDSON 111 S TEJON ST STE 703 COLORADO SPRINGS CO 80903 484774 0 X WWW.DOWNTOWNCS.COM/VENTURES X 1997 CO COLORADO SPRINGS COMMUNITY VENTURES IS DEDICATED TO ENLIVENING DOWNTOWN COLORADO SPRINGS THROUGH THE ARTS, HISTORIC PRESERVATION, SPECIAL EVENTS AND OTHER PUBLIC BENEFIT PROGRAMS. 9 9 0 69 0 0 347061 408248 23197 54485 7355 8900 1000 13141 378613 484774 0 0 0 0 0 0 0 0 1285 292781 387266 292781 387266 85832 97508 1035961 1124752 35394 11250 1000567 1113502 X COLORADO SPRINGS COMMUNITY VENTURES IS DEDICATED TO ENLIVENING DOWNTOWN COLORADO SPRINGS THROUGH THE ARTS, HISTORIC PRESERATION, SPECIAL EVENTS AND OTHER PUBLIC BENEFIT PROGRAMS. 0 0 367398 67626 'SKATE IN THE PARK' - THE 2023-2024 SEASON OF SKATE IN THE PARK, OFFERED IN PARTNERSHIP WITH THE CITY OF COLORADO SPRINGS DEPARTMENT OF PARKS, RECREATION AND CULTURAL SERVICES CONTINUED A BELOVED TRADITION INCLUDING PUBLIC SKATE AND PRIVATE RENTALS IN WHICH WELL OVER 25,000 ADMISSIONS TO THE RINK NOVEMBER THROUGH JANUARY. PUBLIC SESSIONS ALONE WERE UP FROM THE YEAR PRIOR WITH ONE LESS OPERATING DAY. THE DENVER GAZETTE CALLED OUT SKATE IN THE PARK AS ONE OF 10 ICE RINKS WITH A MOUNTAIN VIEW AND KOAA TV HIGHLIGHTED SKATE IN THE PARK AS FUELING DOWNTOWN BUSINESS SUCCESS DURING THE SEASON.'ART ON THE STREETS' (AOTS) - THE 25TH ANNUAL ART ON THE STREETS EXHIBIT FEATURED EIGHT SCULPTURES AND FOUR MURALS, WITH EIGHT OF THE ARTISTS HAILING FROM COLORADO. JUST OVER 2,000 SQUARE FEET OF DOWNTOWN WALLS RECEIVED PAINTED OR VINYL MURAL TREATMENT. THE SCULPTURE BLOOM II BY KASIA POLKOWSKA FROM THE 2023 ART ON THE STREETS EXHIBIT WAS PURCHASED BY A PRIVATE BUYER AND WILL BE REINSTALLED IN DOWNTOWN FOR THE ENJOYMENT OF ALL FOR YEARS TO COME.TO MARK THE 25TH ANNIVERSARY OF ART ON THE STREETS, A COMPREHENSIVE DIRECTORY OF NEARLY 350 WORKS FROM THROUGHOUT THE PROGRAM'S HISTORY WAS CREATED.THE CULTURAL CORRIDOR, WHICH SHINES A SPOTLIGHT ON THE DIVERSE CONTRIBUTORS TO COLORADO SPRINGS' HISTORY, EXPANDED ONE MORE BLOCK ALONG PIKES PEAK AVENUE (FROM NEVADA TO WEBER) AND ADDED NEW BANNERS TO HERALD ASIAN AND PACIFIC ISLANDER HERITAGE MONTH. A TOTAL OF 378 BANNERS WERE HUNG THROUGHOUT THE YEAR.REVEL: THE URBAN ARTS PARTY, A NEW EVENT, DELIGHTED A CAPACITY OF 120 PEOPLE FOR A MULTI-COURSE DINNER IN ADAMAN ALLEY AND DOZEN MORE FOR A DANCE AFTER PARTY. CHEFS FROM DOWNTOWN RESTAURANTS SHOWED OFF THEIR FINEST ON THE MENU.THREE EXHIBITING ARTISTS FROM DEMOGRAPHICS TYPICALLY UNDERREPRESENTED IN PUBLIC ART WERE AWARDED ARTIST OPPORTUNITY GRANT TO SUPPORT CREATION OF THEIR WORK (IN ADDITION TO THE STIPEND PROVIDED TO ALL ARTISTS JURIED INTO THE SHOW).OTHER COMMUNITY VENTURES PROGRAM HIGHLIGHTS INCLUDED: FIRST FRIDAY, 22,070 PATRONS ENJOYED THE MONTHLY ART WALK AT 42 DOWNTOWN CREATIVE BUSINESSES.THE 39 DOWNTOWN WALKING TOURS AND PASSPORT EVENT ENGAGED OVER 1,400 CIVIC LEADERS, YOUNG PEOPLE, TOURIST AND RESIDENTS.HUNDREDS TURNED OUT FOR URBAN LIVING TOUR, ONE SATURDAY IN AUGUST FEATURING AN INSIDER'S LOOK INTO EIGHT MULTIFAMILY PROPERTIES, INCLUDING SEVERAL NEWLY OPENED IN 2023. THE SELF-GUIDED TOUR SHOWED OFF THE AMENITIES AND LIFESTYLE OF DOWNTOWN'S GROWING RESIDENTIAL SCENE AND LED TO NEW INQUIRIES AND LEASES AT SEVERAL PROPERTIES. 367398 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X SUSAN EDMONDSON 7198860088 111 S TEJON ST STE 703 COLORADO SPRINGS CO 80903 RENEE BEHR DIRECTOR 1.00 X 0 0 0 JAMES PROBY VICE CHAIR 1.00 X X 0 0 0 COLIN CHRISTIE CHAIR 1.00 X X 0 0 0 ANDREA SLATTERY SECRETARY 1.00 X X 0 0 0 HARRISON HUNTER TREASURER 1.00 X X 0 0 0 LOU VALENCIA DIRECTOR 1.00 X 0 0 0 ABIGAIL KREUSER DIRECTOR 1.00 X 0 0 0 KEVAN WORLEY DIRECTOR 1.00 X 0 0 0 SUSAN EDMONDSON CHIEF EXECUTIVE OFFICER 1.00 55.00 X 0 195649 19581 0 195649 19581 0 0 1 0 0 43000 365248 408248 FEES FOR SERVICE 561000 54485 54485 54485 8900 8900 13141 0 13141 13141 484774 67626 0 8900 X 1800 1800 18590 18590 945 945 6918 6918 CONTRIBUTION EXPENSE 189552 189552 CONTRACTED SERVICES 51306 44556 6750 STIPENDS AND PRIZES 45532 45532 COMMUNICATIONS 20825 20825 51798 48343 2170 1285 387266 367398 18583 1285 404234 194528 18805 183552 35946 44666 2152 2239 310253 436641 264571 263126 1035961 1124752 35394 11250 35394 11250 X 790298 983798 210269 129704 1000567 1113502 1035961 1124752 97508 15427 0 X X 0 1 X 1 0 X 287744 192306 212802 347061 408248 1448161 287744 192306 212802 347061 408248 1448161 140056 1308105 7749 7129 6973 7355 8900 38106 8172 4871 13043 1499310 186557 0.87250 0.95000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 263126 X 0 0 SCULPTURE INVENTORY 263126 C 263126 X PART III, LINE 4: COLORADO SPRINGS COMMUNITY VENTURE'S COLLECTION CONSISTS OF MULTIPLE SCULPTURES AND MURALS BY VARIOUS ARTISTS. THE COLLECTION IS DISPLAYED IN DOWNTOWN COLORADO SPRINGS AND DIRECTLY TIES WITH THEIR MISSION TO ENLIVEN DOWNTOWN COLORADO SPRINGS BY INCENTIVIZING EXPLORATION ON FOOT, ENCOURAGING PRO-SOCIAL USE OF PUBLIC SPACE, AND SIGNALING A CARED-FOR AND CREATIVE LOCAL BUSINESS DISTRICT. PART X, LINE 2: THE ORGANIZATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE DATE THEY ARE FILED. AS OF DECEMBER 31, 2023, THE INFORMATION RETURNS FOR THREE PRIOR YEARS ARE CONSIDERED OPEN FOR INTERNAL REVENUE SERVICE EXAMINATION. X 0 0 0 0 0 0 0 0 0 SUSAN EDMONDSON CHIEF EXECUTIVE OFFICER 0 195649 0 0 0 0 0 0 0 0 0 195649 0 0 PART I, LINE 3 THE COMPENSATION OF THE OFFICERS, IF ANY, SHALL BE AS FIXED FROM TIME TO TIME BY THE BOARD OF DIRECTORS, AND NO OFFICER SHALL BE PREVENTED FROM RECEIVING A SALARY OR OTHER COMPENSATION AS AN OFFICER BY REASON OF THE FACT THAT SUCH OFFICER IS ALSO A DIRECTOR OF THE CORPORATION. AT ALL TIMES, SUCH COMPENSATION SHALL NOT EXCEED WHAT IS ORDINARILY CONSIDERED TO BE REASONABLE COMPENSATION FOR SERVICES RENDERED. IN NO EVENT SHALL AN ITEM OF COMPENSATION BE PAID IF SUCH COMPENSATION SHALL CONSTITUTE AN "EXCESS BENEFIT" WITHIN THE MEANING OF SECTION 4958 OF THE CODE, AS MAY BE AMENDED FROM TIME TO TIME. FORM 990, PART VI, SECTION A, LINE 3 A MANAGEMENT COMPANY IS IN CHARGE OF THE MAINTENANCE OF THE ART. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION COMMITTEES DO NOT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS MADE AVAILABLE TO MEMBERS OF THE GOVERNING BODY PRIOR TO FILING. REVIEW OF THE FORM 990 IS PRIMARILY THE RESPONSIBILITY OF THE BUSINESS MANAGER AND THE CEO. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUESTS BOARD MEMBERS DISCLOSE CONFLICTS OF INTEREST AS THEY ARISE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS REVIEWED ANNUALLY BY THE JOINT BOARD EXECUTIVE COMMITTEE. SALARY STUDIES ARE UTILIZED AS NECESSARY. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE ON REQUEST AT THE ORGANIZATION'S OFFICE. FORM 990, PART IX, LINE 24E MISCELLANEOUS: PROGRAM SERVICE EXPENSES 19,338. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 1,285. TOTAL EXPENSES 20,623. EQUIPMENT AND SUPPLIES: PROGRAM SERVICE EXPENSES 10,768. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,768. ARTWORK PURCHASES: PROGRAM SERVICE EXPENSES 9,375. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,375. ART INSTALLATION/DEINSTALLATION EXPENSES: PROGRAM SERVICE EXPENSES 8,862. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,862. BANK FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,170. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,170. FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE DOWNTOWN PARTNERSHIP OF COLORADO SPRINGS 111 S TEJON ST SUITE 703 COLORADO SPRINGS CO 80903 841398391 PROMOTION OF CIVIC, ECONOMIC, AND CULTURAL AFFAIRS IN DOWNTOWN CO SPRINGS CO 501(C)(4) 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0