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Nonprofit · EIN 84-1264465

COLORADO SPRINGS WORLD ARENA

Tax-exempt · COLORADO SPGS, CO 80906

Financials

$7.7M$7.7M2023$8.1M$7.2M2024
Revenue Expenses · by fiscal year end
Financials of COLORADO SPRINGS WORLD ARENA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$8,052,685$7,238,500$814,185$41,292,155$6,319,951$34,972,204
December 31, 2023990$7,730,570$7,741,518-$10,948$43,344,875$9,337,731$34,007,144
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$8,100
Program service revenue
$7,474,938
Investment income
$569,647
Net gain from sales of assets
-$27,242
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$318,931
Other salaries and wages
$2,407,003
Salaries, compensation and benefits (total)
$3,298,731
Professional fundraising fees
$0
Legal fees
$1,875
Accounting fees
$43,803
Occupancy
$1,367,115
Travel
$5,909
Depreciation
$1,559,145
Program services (functional)
$6,982,408
Management and general (functional)
$237,291
Fundraising (functional)
$18,801

Balance sheet and other

Total assets, start of year
$43,344,875
Total assets, end of year
$41,292,155
Total liabilities, end of year
$6,319,951
Net assets, end of year
$34,972,204
Land, buildings and equipment
$21,118,173
Publicly traded securities
$15,522,192
Net assets without donor restrictions
$33,762,606
Net assets with donor restrictions
$1,209,598
Gross receipts
$25,054,099
Employees
242
Volunteers
17
Year formed
1994
State of legal domicile
CO

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DAVE NAMESNIKGENERAL MANAGER
Key employee
65$279,847$59,297
TUESDAY HESLOPASSISTANT GENERAL MANAGER
Highest-paid employee
60$195,970$30,399
Cindy PerkinsDirector Of Finance
Highest-paid employee
40$116,936$1,823
ELAINE MARTINEZTREASURER
Trustee or director, Officer
1$0$0
NICOLE MAGICSECRETARY
Trustee or director, Officer
1$0$0
PETER SUSEMIHLCHAIRMAN
Trustee or director, Officer
1$0$0
R THAYER TUTT JRASSISTANT TREASURER
Trustee or director, Officer
1$0$0
ARON MCGUIREDIRECTOR
Trustee or director
1$0$0
CRYSTAL LATIERDIRECTOR
Trustee or director
1$0$0
ERIN HANNANDIRECTOR
Trustee or director
1$0$0
IAN RATZDIRECTOR
Trustee or director
1$0$0
JACK DAMIOLIDIRECTOR
Trustee or director
1$0$0
MEGAN LEATHAMDIRECTOR
Trustee or director
1$0$0
PAT KELLEHERDIRECTOR
Trustee or director
1$0$0
SUSAN EDMONSONDIRECTOR
Trustee or director
1$0$0
2 more people on this return
NameTitleHours / weekCompensation
THEO GREGORYDIRECTOR
Trustee or director
1$0
TOM FALGIENDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 19 people
NameTitleHours / weekCompensationOther / benefits
DAVE NAMESNIKGENERAL MANAGER
Key employee
65$252,870$51,637
TUESDAY HESLOPASSISTANT GENERAL MANAGER
Highest-paid employee
60$203,174$21,537
STUART KURTZCONTROLLER
Highest-paid employee
40$128,913$10,133
DAVE PALENCHARPRESIDENT
Trustee or director, Officer
7$0$0
ELAINE MARTINEZTREASURER
Trustee or director, Officer
1$0$0
NICOLE MAGICSECRETARY
Trustee or director, Officer
1$0$0
PETER SUSEMIHLCHAIRMAN
Trustee or director, Officer
1$0$0
R THAYER TUTT JRASSISTANT TREASURER
Trustee or director, Officer
1$0$0
ARON MCGUIREDIRECTOR
Trustee or director
1$0$0
CRYSTAL LATIERDIRECTOR
Trustee or director
1$0$0
ERIN HANNANDIRECTOR
Trustee or director
1$0$0
IAN RATZDIRECTOR
Trustee or director
1$0$0
JACK DAMIOLIDIRECTOR
Trustee or director
1$0$0
LOU MELLINIDIRECTOR
Trustee or director
1$0$0
MEGAN LEATHAMDIRECTOR
Trustee or director
1$0$0
PAT KELLEHERDIRECTOR
Trustee or director
1$0$0
SUSAN EDMONSONDIRECTOR
Trustee or director
1$0$0
THEO GREGORYDIRECTOR
Trustee or director
1$0$0
TOM FALGIENDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
3185 VENETUCCI BLVD, COLORADO SPGS, CO 80906-4020
In care of
% COLORADO SPRINGS WORLD ARENA
Principal officer (990 for 2024)
THAYER TUTT, 3185 VENETUCCI BOULEVARD, COLORADO SPRINGS, CO 809069848
Signed the 990
PETER SUSEMIHL, CHAIRMAN
Phone
(719) 477-2100
Return prepared by
Forvis Mazars LLP

Mission

THE COLORADO SPRINGS WORLD ARENA WAS ORGANIZED TO LESSEN THE BURDENS OF THE CITY OF COLORADO SPRINGS FOR THE PLANNING, DESIGN, CONSTRUCTION, FINANCING, DEVELOPMENT, OWNERSHIP AND OPERATION OF A MULTI-PURPOSE PUBLIC FACILITY THAT COULD BE USED FOR A VARIETY OF SPORTING EVENTS, INCLUDING BASKETBALL, ICE SKATING, ICE HOCKEY AND OTHER ACTIVITIES AND EVENTS HELD BY SPORTS ORGANIZATIONS, EDUCATIONAL INSTITUTIONS AND THE GENERAL PUBLIC. IN 2004, THE COLORADO SPRINGS WORLD ARENA ASSUMED MANAGEMENT OF THE PIKES PEAK CENTER, WHICH IS A MULTI-PURPOSE BUILDING OWNED BY EL PASO COUNTY AND USED FOR CULTURAL, COMMUNITY AND PERFORMANCE ARTS EVENTS

990 for the year ended December 31, 2024

Program accomplishments

  • OPERATION AND MAINTENANCE OF THE COLORADO SPRINGS WORLD ARENA AND ICE HALL.
    Expenses $5,672,806 · revenue $4,948,807
  • OPERATION AND MAINTENANCE OF THE PIKES PEAK CENTER.
    Expenses $1,309,602 · revenue $2,526,131

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-1264465
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1995
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$41,292,155
Income (IRS master file)
$25,054,099

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$8,052,685$7,238,500$41,292,155XML
990December 2023$7,730,570$7,741,518$43,344,875XML
990December 2022$8,977,422$7,710,578$40,388,684IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-1264465).

Questions about COLORADO SPRINGS WORLD ARENA

What is the EIN of COLORADO SPRINGS WORLD ARENA?
The employer identification number (EIN) of COLORADO SPRINGS WORLD ARENA is 84-1264465.
Is COLORADO SPRINGS WORLD ARENA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to COLORADO SPRINGS WORLD ARENA tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COLORADO SPRINGS WORLD ARENA file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of COLORADO SPRINGS WORLD ARENA due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COLORADO SPRINGS WORLD ARENA last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of COLORADO SPRINGS WORLD ARENA?
The 990 for the year ended December 31, 2024 names THAYER TUTT.
Who are the officers and directors of COLORADO SPRINGS WORLD ARENA?
The 990 for the year ended December 31, 2024 lists 17 people; 3 received compensation from the organization, the highest $279,847 (DAVE NAMESNIK, GENERAL MANAGER).
How much revenue does COLORADO SPRINGS WORLD ARENA have?
On its 990 for the year ended December 31, 2024 it reported revenue of $8,052,685, expenses of $7,238,500 and total assets of $41,292,155 at year end.

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