Form 990, Part VI, Line 11B: Form 990 Review Process
“Finance committee and ceo/president review the form 990 before it is filed.”
990 • Fiscal year 2018 • EIN 47-2066832
Scores are not available for this record yet.
Assets
Flat$291,084
Flat from 2018
Net Assets
Flat$108,878
Flat from 2018
Liabilities
Flat$182,206
Flat from 2018
Revenue
Flat$2,805,138
Flat from 2018
Expenses
Flat$2,794,538
Flat from 2018
Net Income
Flat$10,600
Flat from 2018
To promote breckenridge as a vibrant, year-round creative destination by developing inspiring collaborative experiences that attract visitors and enrich the lives of our citizens.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $86,397 | $137,144 | ▲ $50,747 |
| Accounts Receivable | $117,559 | $88,104 | ▼ $29,455 |
| Prepaid Expenses and Deferred Charges | $26,174 | $61,286 | ▲ $35,112 |
| Land, Buildings, and Equipment, Net | $5,200 | $4,550 | ▼ $650 |
| Savings and Temporary Cash Investments | - | $0 | - |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Pledges and Grants Receivable | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Total Assets | $235,330 | $291,084 | ▲ $55,754 |
| Other Assets Total | - | $0 | - |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $137,052 | $104,156 | ▼ $32,896 |
| Other Liabilities | - | $75,000 | - |
| Deferred Revenue | - | $3,050 | - |
| Total Liabilities | $137,052 | $182,206 | ▲ $45,154 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $70,278 | $108,878 | ▲ $38,600 |
| Temporarily Rstr Net Assets | $28,000 | - | - |
| Total Net Assets Fund Balance | $98,278 | $108,878 | ▲ $10,600 |
| Total Liabilities and Net Assets / Fund Balance | $235,330 | $291,084 | ▲ $55,754 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $4,550 | $1,950 | $6,500 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Robb Woulfe | CEO/president | FT | $148,334 | $8,250 | $156,584 |
| Name | Title |
|---|---|
| Deb Kelleher Spiers | Chairman |
| Debra Fox | President |
| Marsha Cooper | Vice Chair |
| Amy Evans | Director |
| Bob Lowe | Director |
| Elisabeth Lawrence | Director |
| Lindsay Eland | Director |
| Michelle Bushey | Director |
| Roger Ogden | Director |
| Susan Propper | Director |
| Ken Nelson | Treasurer&SEC |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,737,143 |
| Salaries, Compensation, and Employee Benefits | $1,057,395 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $553,610 | $122,624 | - | $676,234 |
| Advertising | $110,396 | $126,770 | - | $237,166 |
| Current Officers, Directors, Trustees, and Key Employees | $125,267 | $31,317 | - | $156,584 |
| Information Technology | $6,254 | $149,232 | - | $155,486 |
| Other Employee Benefits | $117,930 | $26,741 | - | $144,671 |
| Payroll Taxes | $53,739 | $12,186 | - | $65,925 |
| Insurance | $36,566 | $12,114 | - | $48,680 |
| Fees for Services Other | - | $35,197 | - | $35,197 |
| Fees for Services Accounting | - | $27,408 | - | $27,408 |
| Travel | $87 | $22,290 | - | $22,377 |
| Office Expenses | $3,404 | $18,941 | - | $22,345 |
| Pension Plan Contributions | $11,397 | $2,584 | - | $13,981 |
| Occupancy | - | $13,007 | - | $13,007 |
| All Other Expenses | $7 | $6,812 | - | $6,819 |
| Other Expenses | $25,000 | $5,165 | - | $5,165 |
| Fees for Services Legal | - | $2,976 | - | $2,976 |
| Depreciation Depletion | $650 | - | - | $650 |
| Total Functional Expenses | $2,167,115 | $627,423 | $0 | $2,794,538 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $2,824,538 |
| Expenses per Audited Statements | $2,794,538 |
| Total Expenses per Form 990 | $2,794,538 |
| Expenses Not Reported on Form 990 | $30,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
| Liability | Amount |
|---|---|
| Funds Held for Other | $75,000 |
“Finance committee and ceo/president review the form 990 before it is filed.”
“The board members are required to disclose annually any conflicts of interest and recuse themselves from any matter that would be a potential conflict.”
“The board hires the president/ceo and determines the compensation based on an evaluation of national and regional data in the arts and culture not for profit sector, local market conditions, the individual's performance in the role, and the financial postiion of the organization. All other employee are hired by the president/ceo and are paid considering local market conditions and the financial postion of the organization.”
“Available upon request at www.breckcreate.org”
“Bca adopted asc 740-10-25, income taxes-overall-recognition which provides criteria for the recognition, measurement, presentation and disclosure of uncertain tax positions. Bca must recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate resolution. Bca did not recognize any additional liabilities for uncertain tax positions as a result of the implementation of asc 740-10-25.”
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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|---|---|---|
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| IRS990/Desc | 0 | PROGRAMMING PERFORMANCE ARTISTS FOR TICKETED EVENTS, ART CLASSES ON THE ARTS DISTRICT CAMPUS AND, AS MANAGERS OF TOWN-OWNED PROPERTIES, FACILITY RENTALS. |
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| IRS990/IndoorTanningServicesInd | 0 | false |
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| IRS990/InvestmentInJointVentureInd | 0 | false |
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| IRS990/InvestTaxExemptBondsInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 81 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
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| IRS990/LocalChaptersInd | 0 | false |
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| IRS990/MinutesOfCommitteesInd | 0 | true |
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| IRS990/MissionDesc | 0 | TO PROMOTE BRECKENRIDGE AS A VIBRANT, YEAR-ROUND CREATIVE DESTINATION BY DEVELOPING INSPIRING COLLABORATIVE EXPERIENCES THAT ATTRACT VISITORS AND ENRICH THE LIVES OF OUR CITIZENS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 98278 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 108878 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 13007 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 13007 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 18941 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 3404 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 22345 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OnBehalfOfIssuerInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OrgFiledInLieuOfForm1041Ind | 0 | false |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 26741 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 117930 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 144671 |
| IRS990/OtherExpensesGrp/Desc | 0 | PRODUCTION EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 1 | ARTISTS EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 2 | BRECK MUSIN UNDERWRITING |
| IRS990/OtherExpensesGrp/Desc | 3 | PROFESSIONAL DEVELOPMENT |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 10054 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 2005 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 5165 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 591416 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 531392 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 25000 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 601470 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 533397 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 25000 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 5165 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 75000 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANEOUS |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 11584 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 11584 |
| IRS990/OtherRevenueTotalAmt | 0 | 11584 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 122624 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 553610 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 676234 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 12186 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 53739 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 65925 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 2584 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 11397 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 13981 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 26174 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 61286 |
| IRS990/PrincipalOfficerNm | 0 | ROBB WOULFE |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 711130 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 711130 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 711130 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 711190 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 4 | 711130 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | CLASS REGISTRATIONS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | CONCESSIONS & MERCHANDISE |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | FACILITY RENTAL |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | OTHER |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | TICKET SALES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 52594 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 37523 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 171118 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 26349 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 4 | 100039 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 52594 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 37523 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 171118 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 26349 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | 100039 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 2352483 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 1789049 |
| IRS990/PYOtherRevenueAmt | 0 | 457 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 486300 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 62894 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 987297 |
| IRS990/PYTotalExpensesAmt | 0 | 2776346 |
| IRS990/PYTotalRevenueAmt | 0 | 2839240 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 10600 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 399207 |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 0 |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 2405931 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2841240 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1932621 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1642036 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 8821828 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 8821828 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 2405931 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2841240 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1932621 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1642036 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 8821828 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 8821828 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/DonatedServicesAndUseFcltsAmt | 0 | 30000 |
| IRS990ScheduleD/DonatedServicesUseFcltsAmt | 0 | 30000 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 30000 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 2794538 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 4550 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 1950 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 6500 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 75000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | FUNDS HELD FOR OTHER |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 30000 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 2805138 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | BCA ADOPTED ASC 740-10-25, INCOME TAXES-OVERALL-RECOGNITION WHICH PROVIDES CRITERIA FOR THE RECOGNITION, MEASUREMENT, PRESENTATION AND DISCLOSURE OF UNCERTAIN TAX POSITIONS. BCA MUST RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE RESOLUTION. BCA DID NOT RECOGNIZE ANY ADDITIONAL LIABILITIES FOR UNCERTAIN TAX POSITIONS AS A RESULT OF THE IMPLEMENTATION OF ASC 740-10-25. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X : FIN48 Footnote |
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Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.