2025-02-07T14:50:59-06:00 2024-07-31 271433452 CRADY PUCA & ASSOCIATES 6140 S GUN CLUB RD STE K6-281 AURORA CO 80016 990 2023-08-01 742275546 ROCKY MOUNTAIN ARTS ASSOCIATION ROCK 3033253959 700 COLORADO BLVD 325 DENVER CO 80206 STEPHEN HUTT TREASURER 3033253959 2025-01-30 1 1 LAURA M PUCA P01067688 7203189964 2025-01-30 2023 2025-03-06 01:10:19Z STEPHEN HUTT 700 COLORADO BLVD 325 DENVER CO 80206 801639 0 X WWW.RMARTS.ORG X 1982 CO BUILDING COMMUNITY THROUGH MUSIC. 9 9 5 158 0 0 434031 441192 326577 335356 3460 16316 1715 2253 765783 795117 0 0 0 0 257751 257168 0 52170 122405 520925 703963 778676 1013301 -12893 -218184 766380 564565 17474 33843 748906 530722 BUILDING COMMUNITY THROUGH MUSIC 0 0 767403 337609 RMAA MANAGED AND PRODUCED 20 PERFORMANCES DURING 7 TICKETED CONCERT CYCLES, AS WELL AS OUTREACH PERFORMANCES AT THE DENVER MUSEUM OF NATURE AND SCIENCE, AVALANCHE AND NUGGET GAMES, AND ROCKY MOUNTAIN EQUALITY, REACHING OVER 70,000 PATRONS. DGMC WELCOMED ITS FIRST NEW ARTISTIC DIRECTOR IN 10 YEARS AND INSTITUTED THE FIRST JULIAN RUSH COMMUNITY AWARDS AND DWC CELEBRATED A HIGHLY SUCCESSFUL 40TH ANNIVERSARY YEAR. BOTH CHORUSES PARTNERED WITH 6 DIFFERENTNON-PROFITS, INCLUDING CHEER COLORADO, COBALT AND ONE COLORADO. THE YEAR CULMINATED IN BOTH CHORUSES PERFORMING AT THE ONCE-EVERY-FOUR YEARS GALA (GAY AND LESBIAN ASSOCIATION OF CHORUSES) FESTIVAL IN MINNEAPOLIS, MN TO GREAT ACCLAIM. 767403 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 49 0 1 5 1 0 0 0 0 0 1 1 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 0 0 X X X THE ORGANIZATION 3033253959 700 COLORADO BLVD 325 DENVER CO 80206 STEPHEN HUTT TREASURER 2.50 X X 0 0 0 SCOTTE HOERLE DIRECTOR, PRESIDENT DGMC 1.00 X 0 0 0 JOHN HESS VICE CHAIR 2.00 X X 0 0 0 NATALYA CRUZ-TEIXEIRA SECRETARY 1.50 X X 0 0 0 IVY MOE DIRECTOR, PRESIDENT DWC 1.00 X 0 0 0 RYAN MONTOYA DIRECTOR 12.00 X 0 0 0 MARCUS TURNER CHAIR 3.00 X X 0 0 0 MATTHEW NILSEN DIRECTOR 1.00 X 0 0 0 MICHAEL SATTLER EXECUTIVE DIRECTOR 40.00 X 79055 0 0 79055 0 0 0 0 0 0 0 90442 3660 114391 232699 5 441192 TICKET SALES 711130 240297 240297 RETREAT INCOME 900099 93959 93959 ADVERTISING INCOME 541800 1100 1100 335356 16316 16316 6522 3660 6522 0 OTHER 900099 2253 2253 2253 795117 337609 0 16316 X 83774 41887 16755 25132 146879 105173 29586 12120 3499 2239 700 560 4596 3130 919 547 18420 11789 3684 2947 41625 41625 52170 52170 105831 83903 16316 5612 10390 6650 2078 1662 43917 19706 6841 17370 3111 1991 622 498 21210 19527 935 748 42 27 8 7 99267 99267 2727 1745 546 436 10620 6990 2657 973 PRODUCTION EXPENSES 304997 304997 RETREAT AND MEMBERSHIP 51842 51842 OTHER CHORAL RELATED EX 4492 4492 MISCELLANEOUS 3892 2048 221 1623 1013301 767403 123493 122405 X 241593 123875 492948 414125 2256 342 4322 19024 14069 50015 42183 10559 7832 766380 564565 17114 33783 360 60 17474 33843 X 715069 511849 33837 18873 748906 530722 766380 564565 X -218184 0 X X 0 1 X 1 0 X 549919 697645 543405 434031 441192 2666192 128656 176797 324027 334256 963736 13163 2550 1100 16813 691738 697645 720202 760608 776548 3646741 0 0 0 3646741 1605 3460 16316 21381 1605 3460 16316 21381 479 1715 2253 4447 691738 698124 721807 765783 795117 3672569 0.99300 0.99790 0.00580 0.00150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 43015 35183 7832 7000 7000 0 7832 X 796117 1000 1000 795117 0 795117 1014301 1000 1000 1013301 0 1013301 PART X, LINE 2: NO PROVISION FOR INCOME TAXES IS PROVIDED AS RMAA IS EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THE COLORADO INCOME TAX ACT OF 1964. AS A CHARITABLE ORGANIZATION, ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE, IS SUBJECT TO FEDERAL INCOME TAX. RMAA HAD NO UNRELATED BUSINESS INCOME TAX LIABILITY AT JULY 31, 2024. RMAA HAS EVALUATED ITS TAX POSITIONS FOR ALL OPEN TAX YEARS. CURRENTLY THE YEARS OPEN FOR TAX AUTHORITY EXAMINATION ARE FISCAL YEARS ENDED JULY 31, 2021 THROUGH JULY 31, 2023 (TAX FORMS 2020 THROUGH 2022) BY THE INTERNAL REVENUE SERVICE. HOWEVER, RMAA IS NOT CURRENTLY UNDER AUDIT NOR HAS IT BEEN CONTACTED BY THIS TAXING AUTHORITY. BASED ON THE EVALUATION OF RMAA'S TAX POSITIONS, MANAGEMENT BELIEVES ALL TAX POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAVE BEEN RECORDED FOR THE YEAR ENDED JULY 31, 2024. X X X X 0 ODETTE TISSEGLO 16363 E FREMONT AVE 1738 AURORA CO 80016 GENERAL FUNDRAISING CONTRACTO 0 0 27920 -27920 PAIGE CONSULTING LLC 3 CRANSTON ST JAMAICA PLAIN MA 02130 GRANT WRITER AND PROSPECT RESEARCH 0 0 24250 -24250 52170 -52170 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED IN DETAIL BY THE EXECUTIVE DIRECTOR, STAFF ACCOUNTANT, BOARD CHAIR OR TREASURER PRIOR TO FILING. THE FINAL FORM 990 IS SHARED WITH THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12 BOARD, STAFF AND COMMITTEE MEMBERS SHALL ANNUALLY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES IN WHICH A CONFLICT OF INTEREST MAY ARISE. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS SALARY FOR EXECUTIVE DIRECTOR AND THE ARTISTIC DIRECTORS. THE EXECUTIVE DIRECTOR AND TREASURER DETERMINE SALARIES FOR THE OTHER EMPLOYEES BASED ON SALARIES FOR SIMILAR POSITIONS FROM COMPARABLE ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE UPON REQUEST FROM THE ORGANIZATION AND IS AVAILABLE THROUGH SCFD, GUIDESTAR AND THE ORGANIZATION'S WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PRODUCTION: PROGRAM SERVICE EXPENSES 61,454. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 61,454. MARKETING CONTRACTOR: PROGRAM SERVICE EXPENSES 22,449. MANAGEMENT AND GENERAL EXPENSES 7,016. FUNDRAISING EXPENSES 5,612. TOTAL EXPENSES 35,077. BOARD CONSULTANT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 9,300. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,300. FORM 990, PART X, LINE 27 AT THE CLOSE OF FISCAL YEAR 2024, THERE IS $45,712 IN UNRESTRICTED BOARD DESIGNATED NET ASSETS FOR THE NEXT GALA FESTIVAL WHICH IS TO BE HELD IN MINNEAPOLIS IN 2028. THE GALA FUNDS HELPED COVER THE EVENT'S COSTS IN 2024. THE REMAINING BALANCE WILL BE CARRIED OVER TO ASSIST WITH FUTURE GALA FESTIVALS. FORM 990, PART X, LINE 28 DONOR RESTRICTED FUNDS: ONE OF THE USES FOR THE JAMES KNAPP LEGACY FUNDS WAS TO COVER THE EXPENSE OF A GUEST ARTIST IN A DGMC CONCERT. IN FY24, SOME OF THIS FUND WAS USED TO COVER THE COSTS OF BRINGING A GUEST ARTIST, MS. JENNIFER HOLLIDAY, FOR DGMC'S MARCH 2024 CONCERT. THIS AMOUNT WAS NOT ORIGINALLY IN THE BUDGET AND THIS EXPENSE OF $12,000 ADDED TO THE FY24 DEFICIT. FORM 990, PART XII, LINE 2C SINCE FY2017, ROCKY MOUNTAIN ARTS ASSOCIATION IS AUDITED EVERY THREE YEARS WITH REVIEWS IN BETWEEN. THE BOARD OF DIRECTORS IS RESPONSIBLE FOR THE SELECTION OF THE AUDITOR/INDEPENDENT ACCOUNTANT AND APPROVAL OF THE REPORT. AN AUDIT WAS CONDUCTED ON THE FINANCIAL STATEMENTS FOR THE YEAR ENDED JULY 31,2024. FORM 990, PART XI, LINE 3 THE ORGANIZATION'S LARGE DEFICIT IN FY24 IS DUE TO A VARIETY OF FACTORS. THESE INCLUDE THE EXPENSE OF HIRING A GRANT WRITING CONSULTANT IN AN EFFORT TO RAISE MORE INCOME FROM GRANTORS AND FOUNDATIONS IN THE SUBSEQUENT FISCAL YEAR (FY25). THE BOARD APPROVED MORE THAN $25,000 TO COVER THIS COST, WHICH WAS NOT IN THE ORIGINAL BUDGET. IN ADDITION, THE APPROVED FY24 BUDGET HAD AGGRESSIVE INCOME NUMBERS FOR BOTH GRANT AND TICKET INCOME, BOTH OF WHICH FELL FAR SHORT OF THE BUDGET GOALS ($80,000 SHORTFALL FOR GRANTS AND $85,000 SHORTFALL FOR TICKET INCOME).