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Nonprofiteer
← TABOR OPERA HOUSE PRESERVATION FOUNDATION INC

Form 990 for tax year 2023

Filed by TABOR OPERA HOUSE PRESERVATION FOUNDATION INC.

Totals

Total revenue
$1,053,804
Total expenses
$496,238
Contributions and grants received
$956,164
Grants paid
$0
Program service revenue
$72,000
Investment income
$9,847
Other revenue
$15,793
Total assets, end of year
$3,601,284
Total liabilities, end of year
$249,170
Net assets or fund balances, end of year
$3,352,114
Program services expenses (Part IX)
$420,798
Management and general expenses
$49,854
Fundraising expenses
$25,586
Program service expenses (Part III)
$420,798

Program services were 84.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $780,977

  • 1f · All other contributions, gifts and grants

    $175,187

  • 2a · Program service revenue: TOUR INCOME

    total $18,133 · related or exempt $18,133

  • 2b · Program service revenue: TICKET SALES

    total $53,867 · related or exempt $53,867

  • 3 · Investment income

    total $9,847 · related or exempt $9,847

  • 10a · Gross sales of inventory

    $12,849

  • 10b · Cost of goods sold

    $5,605

  • 10c · Net income from sales of inventory

    total $7,244 · related or exempt $7,244

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $8,549 · related or exempt $8,549

  • 11e · Other revenue, total

    $8,549

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $84,368 · program services $71,713 · management and general $8,437 · fundraising $4,218

  • 7 · Other salaries and wages

    total $104,827 · program services $89,103 · management and general $10,483 · fundraising $5,241

  • 10 · Payroll taxes

    total $12,507 · program services $10,944 · management and general $938 · fundraising $625

  • 11c · Fees: accounting

    total $8,350 · management and general $8,350

  • 11g · Fees: other

    total $12,170 · management and general $12,170

  • 12 · Advertising and promotion

    total $29,858 · program services $28,365 · fundraising $1,493

  • 13 · Office expenses

    total $921 · program services $829 · management and general $92

  • 14 · Information technology

    total $13,396 · program services $12,056 · management and general $1,340

  • 16 · Occupancy

    total $22,649 · program services $20,384 · management and general $2,265

  • 17 · Travel

    total $4,453 · program services $4,008 · management and general $445

  • 22 · Depreciation, depletion and amortization

    total $124,915 · program services $124,915

  • 23 · Insurance

    total $12,467 · program services $11,220 · management and general $1,247

  • 24a · Other expenses: Miscellaneous Expenses

    total $18,885 · program services $17,563 · management and general $1,322

  • 24b · Other expenses: Repairs and maintenance

    total $27,659 · program services $24,894 · management and general $2,765

  • 24c · Other expenses: Supplies

    total $4,804 · program services $4,804

  • 24d · Other expenses: Fundraising Expense

    total $14,009 · fundraising $14,009

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $185,560 · end of year $165,554

  • 2 · Savings and temporary cash investments

    beginning of year $214,572 · end of year $380,078

  • 4 · Accounts receivable

    beginning of year $948 · end of year $12,515

  • 10a · Land, buildings and equipment: cost or other basis

    $3,090,830

  • 10b · Land, buildings and equipment: accumulated depreciation

    $249,831

  • 10c · Land, buildings and equipment, net

    beginning of year $1,788,109 · end of year $2,840,999

  • 15 · Other assets

    beginning of year $202,284 · end of year $202,138

  • 17 · Accounts payable and accrued expenses

    beginning of year $6,136 · end of year $4,774

  • 19 · Deferred revenue

    beginning of year $189,457 · end of year $244,396

  • 27 · Net assets without donor restrictions

    beginning of year $1,872,320 · end of year $3,071,011

  • 28 · Net assets with donor restrictions

    beginning of year $323,560 · end of year $281,103

Mission and programs · 2023

Mission

Preservation, restoration and operation of the Tabor Opera House in Leadville, Colorado.

  • Tabor Opera House Preservation Foundation, Inc. is a Colorado nonprofit organization incorporated in 2003 whose purpose is to foster thepreservation and restoration of the Tabor Opera House in Leadville,Colorado and operate the Opera House as a community cultural arts centerfor the benefit of the City. The Opera House land and building are ownedby the City of Leadville and are leased to the Foundation. The Foundationraises funds to facilitate the full rehabilitation of the Opera House andfinance additional improvements to the building so that it will be a viable place of entertainment and commerce in the city for generations to come. The organization is supported primarily through government and foundation grants, contributions and performance fees.

    Expenses $420,798

As filed on the 2023 return.

Listed in Part VII

  • Sarah Dae Delozier

    Executive Director

    Total calculated
    $84,368
    From this org
    $84,368
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • John Nelson

    Director

    Total calculated
    $0
    Hours/week
    2

  • Veronica Moreno

    Director

    Total calculated
    $0
    Hours/week
    3

  • Aaron Roth

    Vice Treasurer

    Total calculated
    $0
    Hours/week
    2

  • Nell Lindquist

    Vice Secretary

    Total calculated
    $0
    Hours/week
    5

  • Jennifer Buddenborg

    Director

    Total calculated
    $0
    Hours/week
    5

  • Nan Anderson

    Director

    Total calculated
    $0
    Hours/week
    2

  • Amy Tait

    Secretary

    Total calculated
    $0
    Hours/week
    7

  • Celesta Cairns

    Director

    Total calculated
    $0
    Hours/week
    1

  • Sara Edwards

    President

    Total calculated
    $0
    Hours/week
    13

  • Greg Decent

    Treasurer

    Total calculated
    $0
    Hours/week
    7

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
28 October 2024
IRS schema version
2023v5.1
Source object
202423029349302202

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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