Nonprofit · EIN 84-2265005
REAL ACADEMY OF ART COLORADO
Tax-exempt · DENVER, CO 80224
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $175,922 | $185,482 | -$9,560 | $74,301 | $11,533 | $62,768 |
| June 30, 2024 | 990 | $201,892 | $192,781 | $9,111 | $72,328 | $0 | $72,328 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $800
- Program service revenue
- $174,927
- Investment income
- $195
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $43,245
- Other salaries and wages
- $20,160
- Salaries, compensation and benefits (total)
- $63,405
- Professional fundraising fees
- $0
- Accounting fees
- $3,688
- Occupancy
- $32,179
- Travel
- $580
- Program services (functional)
- $153,922
- Management and general (functional)
- $30,885
- Fundraising (functional)
- $675
Balance sheet and other
- Total assets, start of year
- $72,328
- Total assets, end of year
- $74,301
- Total liabilities, end of year
- $11,533
- Net assets, end of year
- $62,768
- Net assets without donor restrictions
- $62,768
- Gross receipts
- $175,922
- Employees
- 0
- Volunteers
- 21
- Year formed
- 2014
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ali Alzoabade | Trustee Trustee or director | 5 | $43,245 |
| Mark Borden | Trustee Trustee or director | 1 | $0 |
| Jessica Calderon | Treasurer Trustee or director | 15 | $0 |
| AnaGloria Rodriguez | President Trustee or director | 40 | $0 |
| John Sandoval | Secretary Trustee or director | 3 | $0 |
| Joe McGrail | Trustee Trustee or director | 2 | $0 |
| Danid Karim | Trustee Trustee or director | 2 | $0 |
| Barbara Lunger | Trustee Trustee or director | 6 | $0 |
| Charles Kindred | Trustee Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kate Hoth | Executive Dir. Officer | 0 | $3,360 |
| Mark Borden | Trustee Trustee or director | 1 | $0 |
| Paola Cesarini | Trustee Trustee or director | 1 | $0 |
| Jessica Calderon | Treasurer Trustee or director | 3 | $0 |
| AnaGloria Rodriguez | President Trustee or director | 40 | $0 |
| John Sandoval | Secretary Trustee or director | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 2055 S ONEIDA ST STE 150, DENVER, CO 80224-2435
- In care of
- % MARYANN WAUGH
- Principal officer (990 for 2024)
- John Sandoval, 2055 S Oneida St 150, Denver, CO 80224
- Signed the 990
- John Sandoval, President
- Phone
- (720) 813-9845
- Website
- www.REALAcademyArtCO.org
- Return prepared by
- CNRG Accounting Advisory LLC
Mission
At The REAL Academy of Art Colorado (RAAC), our education is supported by three primary sources: tuition, special workshops, and annual fund contributions from our community. These funds are essential in ensuring that we can continue to offer a high-quality, enriching educational experience for our students.
Program accomplishments
- In addition to its normal academic schedule, the REAL Academy of Art has been active in reaching out across the community by becoming involved in community events, such as the Five Points Jazz Festival, the Parker, Colorado, Art in the Park festival, the Cherry Hills Plein Air event and others. We have also welcomed guest instructors from the local art community.Expenses $153,922
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 84-2265005
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B30)
- Assets (IRS master file)
- $74,301
- Income (IRS master file)
- $175,922
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $175,922 | $185,482 | $74,301 | XML |
| 990 | June 2024 | $201,892 | $192,781 | $72,328 | IRS |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | 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 84-2265005).
Questions about REAL ACADEMY OF ART COLORADO
- What is the EIN of REAL ACADEMY OF ART COLORADO?
- The employer identification number (EIN) of REAL ACADEMY OF ART COLORADO is 84-2265005.
- Is REAL ACADEMY OF ART COLORADO tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to REAL ACADEMY OF ART COLORADO tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does REAL ACADEMY OF ART COLORADO 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 REAL ACADEMY OF ART COLORADO due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did REAL ACADEMY OF ART COLORADO last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of REAL ACADEMY OF ART COLORADO?
- The 990 for the year ended June 30, 2025 names John Sandoval.
- Who are the officers and directors of REAL ACADEMY OF ART COLORADO?
- The 990 for the year ended June 30, 2025 lists 9 people; 1 received compensation from the organization, the highest $43,245 (Ali Alzoabade, Trustee).
- How much revenue does REAL ACADEMY OF ART COLORADO have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $175,922, expenses of $185,482 and total assets of $74,301 at year end.
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