Civic Intelligence

Tabor Opera House Preservation Foundation Inc

990EZ • Fiscal year 2017 • EIN 06-1714846

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 08, 2018

PO Box 1004Leadville, CO 80461

(719) 486-8409

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

82nd percentile

0.18x

Higher debt load relative to assets than 82% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

91st percentile

0.41x

Higher debt load relative to revenue than 91% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

53rd percentile

4.6%

Higher net margin than 53% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Assets

$328,569

No earlier filing loaded for comparison.

Net Assets

$270,678

No earlier filing loaded for comparison.

Liabilities

$57,891

No earlier filing loaded for comparison.

Revenue

$141,280

No earlier filing loaded for comparison.

Expenses

$134,776

No earlier filing loaded for comparison.

Net Income

$6,504

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2017: $328,569Liabilities 2017: $57,891Net Assets 2017: $270,6782017Assets 2018: $516,320Liabilities 2018: $5,958Net Assets 2018: $510,3622018Assets 2019: $702,225Liabilities 2019: $27,475Net Assets 2019: $674,7502019Assets 2020: $1,394,051Liabilities 2020: $50,672Net Assets 2020: $1,343,3792020Assets 2021: $2,286,034Liabilities 2021: $60,733Net Assets 2021: $2,225,3012021Assets 2022: $2,391,473Liabilities 2022: $195,593Net Assets 2022: $2,195,8802022Assets 2023: $3,601,284Liabilities 2023: $249,170Net Assets 2023: $3,352,1142023Assets 2024: $4,366,711Liabilities 2024: $255,977Net Assets 2024: $4,110,7342024

Highlighted filing

2017

Assets$328,569
Liabilities$57,891
Net Assets$270,678

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2017: $141,280Expenses 2017: $134,776Net Income 2017: $6,5042017Revenue 2018: $173,010Expenses 2018: $121,684Net Income 2018: $51,3262018Revenue 2019: $438,620Expenses 2019: $175,322Net Income 2019: $263,2982019Revenue 2020: $837,436Expenses 2020: $79,359Net Income 2020: $758,0772020Revenue 2021: $1,068,612Expenses 2021: $186,690Net Income 2021: $881,9222021Revenue 2022: $905,844Expenses 2022: $935,265Net Income 2022: -$29,4212022Revenue 2023: $1,053,804Expenses 2023: $496,238Net Income 2023: $557,5662023Revenue 2024: $1,286,505Expenses 2024: $527,885Net Income 2024: $758,6202024

Highlighted filing

2017

Revenue$141,280
Expenses$134,776
Net Income$6,504
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 8, 2018
Return Version
2017v2.3
Gross Receipts
$146,233
Mission and Program Overview

Mission

Preservation, restoration and operation of the tabor opera house in leadville, colorado.

Program Services

DescriptionGrantsExpenses
TABOR OPERA HOUSE PRESERVATION FOUNDATION, INC. IS A COLRADO NONPROFIT ORGANIZATION INCORPORATED IN 2003 WHOSE PURPOSE IS TO FOSTER THE PRESERVATION AND RESTORATION OF THE TABOR OPERA HOUSE IN LEADVILLE, COLORADO AND OPERATE THE OPERA HOUSE AS A COMMUNITY CULTURAL ARTS CENTER FOR THE BENEFIT OF THE CITY. THE OPERA HOUSE LAND AND BUILDING ARE OWNED BY THE CITY OF LEADVILLE AND IS LEASED TO THE FOUNDATION. THE FOUNDATION RAISES FUNDS TO FACILITATE THE FULL REHABILITATION OF THE OPERA HOUSE AND FINANCE 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.-$118,180
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEPHANIE SPONGPresidentPT$0--
THOMAS SPRUNGVice Preside-$0--
KRISTINE HOEHNSecretaryPT$0--
MARY ANN GRAHAM-BESTTreasurerPT$0--
CARL SCHAEFERDirectorPT$0--
KAREN ONDERDONKDirector-$0--
JUDY HINTONDirectorPT$0--
JANE GOWINGDirectorPT$0--
JOHN EDWARD NELSONDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Tabor Opera House Preservation
EIN
06-1714846
Phone
7194868409
Address
PO BOX 1004, LEADVILLE, CO 80461

Signing Officer

Name
Stephanie Spong
Title
President
Phone
7194868409
Signed
2018-08-08
Discuss with paid preparer
Yes

Preparer

Firm
Kenneth L Olsen CPA Pc
Address
P O BOX 912, LEADVILLE, CO 80461
Preparer
Kenneth L Olsen CPA
Phone
7194860268
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses performance costs 31,370 advertising 577 advertising in-kind 12,500 insurance - gen liability 3,321 insurance d&o 519 dues & fees 793 office supplies 1,367 website 1,521 non-event fundraising 4,460 other 254 non-investment depreciation 342 total 57,024

Form 990-ez, Part II, Line 24

Accounts receivable 0 193 prepaid expenses and deferred charges 0 2,175 fixed assets 0 13,827 less accumulated depreciation 0 343 artifacts - piano 70,000 70,000 artifacts - other & drops 130,000 130,000 total 200,000 215,852

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 3,291 deferred revenue 0 54,600

Form 990-ez, Part III

Preservation, restoration and operation of the tabor opera house in leadville, colorado.

Form 990-ez, Part III, Line 28

Tabor opera house preservation foundation, inc. Is a colrado nonprofit organization incorporated in 2003 whose purpose is to foster the preservation and restoration of the tabor opera house in leadville, colorado and operate the opera house as a community cultural arts center for the benefit of the city. The opera house land and building are owned by the city of leadville and is leased to the foundation. The foundation raises funds to facilitate the full rehabilitation of the opera house and finance 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.

Form 990-ez, Part V, Line 33

See attached form 990ezpartv 33 34pdf attachment for significant activities not previously reported to the irs.

Form 990-ez, Part V, Line 34

See attached form 990ezpartv 33 34pdf attachment for significant changes made to the organizing or governing documents.

Raw XML Appendix168 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES PERFORMANCE COSTS 31,370 ADVERTISING 577 ADVERTISING IN-KIND 12,500 INSURANCE - GEN LIABILITY 3,321 INSURANCE D&O 519 DUES & FEES 793 OFFICE SUPPLIES 1,367 WEBSITE 1,521 NON-EVENT FUNDRAISING 4,460 OTHER 254 NON-INVESTMENT DEPRECIATION 342 TOTAL 57,024
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 0 193 PREPAID EXPENSES AND DEFERRED CHARGES 0 2,175 FIXED ASSETS 0 13,827 LESS ACCUMULATED DEPRECIATION 0 343 ARTIFACTS - PIANO 70,000 70,000 ARTIFACTS - OTHER & DROPS 130,000 130,000 TOTAL 200,000 215,852
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 3,291 DEFERRED REVENUE 0 54,600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRESERVATION, RESTORATION AND OPERATION OF THE TABOR OPERA HOUSE IN LEADVILLE, COLORADO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TABOR OPERA HOUSE PRESERVATION FOUNDATION, INC. IS A COLRADO NONPROFIT ORGANIZATION INCORPORATED IN 2003 WHOSE PURPOSE IS TO FOSTER THE PRESERVATION AND RESTORATION OF THE TABOR OPERA HOUSE IN LEADVILLE, COLORADO AND OPERATE THE OPERA HOUSE AS A COMMUNITY CULTURAL ARTS CENTER FOR THE BENEFIT OF THE CITY. THE OPERA HOUSE LAND AND BUILDING ARE OWNED BY THE CITY OF LEADVILLE AND IS LEASED TO THE FOUNDATION. THE FOUNDATION RAISES FUNDS TO FACILITATE THE FULL REHABILITATION OF THE OPERA HOUSE AND FINANCE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SEE ATTACHED FORM 990EZPARTV 33 34PDF ATTACHMENT FOR SIGNIFICANT ACTIVITIES NOT PREVIOUSLY REPORTED TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SEE ATTACHED FORM 990EZPARTV 33 34PDF ATTACHMENT FOR SIGNIFICANT CHANGES MADE TO THE ORGANIZING OR GOVERNING DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART V, LINE 33
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART V, LINE 34
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