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Arts, Culture & Humanities · 2023 Form 990

Denver Center For The Performing Arts: $66.8M Revenue, $66.6M Expenses

Denver, Colorado · EIN 840407760 · Filing year 2023

Denver Center For The Performing Arts reported $66.8M in total revenue, $66.6M in total expenses, and $99.5M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $2.4M (3.61% of revenue). NonprofitTruth efficiency grade: B (73/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

Reviewed by NonprofitTruth Editorial Team · Updated
B
Efficiency Score
73/100

Key Facts (2023 Form 990)

Total Revenue
$66.8M
Total Expenses
$66.6M
Total Assets
$99.5M
Reserve Months
17.9 months
Surplus / (Deficit)
$162K
EIN
840407760
Latest 990 Year
2023
Current-Officer Compensation
$2.4M
Officer Comp % of Revenue
3.61%

The efficiency rubric puts Denver Center For The Performing Arts at a B grade: a composite of 73/100 that lands above the national midpoint. The grade reflects solid financial reserves alongside reasonable officer compensation and steady revenue.

Denver Center For The Performing Arts reported $66.8M in 2023 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. On the reserves factor, Denver Center For The Performing Arts scores well — assets relative to annual spending sit in the range nonprofit-finance experts consider healthy (roughly three months to two years of operating expenses).

Five-year revenue trend is mildly negative: a modest decline that could reflect grant-cycle timing, donor turnover, or program wind-down. Worth checking against the program-spending pattern to see whether the decline is structural. Compensation for current officers and key employees runs $2.4M against $66.8M in revenue — within the band third-party charity raters typically consider reasonable for an organization of this size and complexity. This is an aggregate across all listed officers, not a single executive's salary. Denver Center For The Performing Arts sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.


$66.8M
Revenue
$66.6M
Expenses
$99.5M
Total Assets
$2.4M
Officer Compensation

How Denver Center For The Performing Arts Compares

Denver Center For The Performing Arts earns a NonprofitTruth efficiency grade of B (73/100). That is 17 points above the Arts, Culture & Humanities category average. Compensation for current officers and key employees represents 3.61% of total revenue. The organization holds 17.9 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$66.6M
Total Expenses
Filing year 2023
$2.4M
Officer Compensation
3.61% of revenue
17.9 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Denver Center For The Performing Arts reported $66.8M in revenue against $66.6M in total functional expenses for filing year 2023, holding roughly 17.9 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

The 990 reports $2.4M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 3.61% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.

Trend

Revenue History

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Denver Center For The Performing Arts has a NonprofitTruth Efficiency Score of B (73/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Denver Center For The Performing Arts, Donor FAQ

Denver Center For The Performing Arts has a NonprofitTruth Efficiency Score of B (73/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Denver Center For The Performing Arts reports $2.4M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 3.61% of the organization's $66.8M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.

Denver Center For The Performing Arts reported $66.8M in annual revenue and $66.6M in total expenses for filing year 2023. The organization holds $99.5M in total assets.

Denver Center For The Performing Arts holds approximately 17.9 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its B efficiency grade.

Denver Center For The Performing Arts is a registered 501(c) organization with EIN 840407760, based in Denver, Colorado. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.