Civic Intelligence

Ascanio'S Purse

EIN 81-0589153 • 501(c)3 • Denver, CO

Profile

Ascanio's purse produces concerts and full recordings of classical operas.

1343 Humboldt StreetDenver, CO 80218

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

7th percentile

-168%

Higher net margin than 7% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$11,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 66.5% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

96th percentile

185%

Faster asset growth than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

6th percentile

-89%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$348,994

Up $226,349 (+185%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$348,994

Up $226,349 (+185%) from 2023

Revenue

Down

$16,538

Down $138,166 (-89%) from 2023

Expenses

Down

$44,401

Down $86,444 (-66%) from 2023

Net Income

Down

-$27,863

Down $51,722 (-217%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2016: $115,816Liabilities 2016: $0Net Assets 2016: $115,8162016Assets 2017: $284,487Liabilities 2017: $0Net Assets 2017: $284,4872017Assets 2018: $59,789Liabilities 2018: $0Net Assets 2018: $59,7892018Assets 2019: $1,071,494Liabilities 2019: $0Net Assets 2019: $1,071,4942019Assets 2021: $634,079Liabilities 2021: $0Net Assets 2021: $634,0792021Assets 2022: $98,786Liabilities 2022: $0Net Assets 2022: $98,7862022Assets 2023: $122,645Liabilities 2023: $0Net Assets 2023: $122,6452023Assets 2024: $348,994Liabilities 2024: $0Net Assets 2024: $348,9942024

Highlighted filing

2024

Assets$348,994
Liabilities$0
Net Assets$348,994

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2016: $108,109Expenses 2016: $6,859Net Income 2016: $101,2502016Revenue 2017: $325,733Expenses 2017: $157,062Net Income 2017: $168,6712017Revenue 2018: $36,675Expenses 2018: $92,033Net Income 2018: -$55,3582018Revenue 2019: $1,073,890Expenses 2019: $62,275Net Income 2019: $1,011,6152019Revenue 2021: $568,823Expenses 2021: $265,411Net Income 2021: $303,4122021Revenue 2022: $685,843Expenses 2022: $942,917Net Income 2022: -$257,0742022Revenue 2023: $154,704Expenses 2023: $130,845Net Income 2023: $23,8592023Revenue 2024: $16,538Expenses 2024: $44,401Net Income 2024: -$27,8632024

Highlighted filing

2024

Revenue$16,538
Expenses$44,401
Net Income-$27,863

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2023 to Oct 31, 2024
Signed
Sep 15, 2025
Return Version
2023v6.0
Gross Receipts
$16,538
Mission and Program Overview

Mission

Ascanio's purse produces concerts and full recordings of classical operas.

Ascanio's Purse provides funding for select concerts and recordings of the great French composer Hector Berlioz in addition to other great masterpieces as evidenced by our latest recording of Handel's Messiah.

Program Services

DescriptionGrantsExpenses
To provide funding for select concerts and recordings of the great French composer Hector Berlioz. A previous sponsored event was the first complete recording of Berlioz's opera "Benvenuto Cellini" on the occasion of the 200th anniversary of the composer's birth in Paris, France (December 2003). In 2017 we recorded "Les Troyens", taken from two live concerts in Strasbourg, France and in 2019 we recorded a concert performance of the "Requiem" ("Grande Messe des morts") in St. Paul's Cathedral, London, on the 150th anniversary of Berlioz's death as well as Berlioz's "Damnation de Faust" in Strasbourg. We also recorded Berlioz's "Romeo and Juliette" in Strasbourg in June of 2022. In addition, Berlioz's "Harold en Italie"Les Nuits d'Ete" were released in November 2022. To date we have won eight international awards, among them Opera Recording of the Year from Gramophone for "Les Troyens" as well as a number of others. In addition to the above Ascanio's Purse sponsored another great m$450$25,516
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN NELSONPresidentPT$11,000-$11,000
WILL WYTIAS-SOBELChair And Vice President-$0--
DAVID FULLERSecretary-$0--
JACK FIRESTONETreasurer-$0--
ROBERT E SOBELExecutive DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Ascanio's Purse
EIN
81-0589153
In Care Of
% ROBERT SOBEL
Phone
3035648840
Address
1343 Humboldt Street, Denver, CO 80218

Signing Officer

Name
Robert Sobel
Title
Executive Director
Phone
3035648840
Signed
2025-09-15
Discuss with paid preparer
Yes

Preparer

Firm
Bdo USA
Address
4999 Pearl E Circle Ste 300, Boulder, CO 80301
Preparer
Kimberly A Tortora
Phone
3034400399
Supplemental Narrative

Additional Explanations

Form 990-EZ Part I Other Changes in Fund Balances:

The prior period adjustment of $261,888 is required to include a bank account inadvertently left out of prior years' 990 presentation.

Form 990EZ Part I Line 16

Description:OFFICE EXPENSES Amount:18885

Form 990EZ Part I Line 16

Description:DONOR APPRECIATION Amount:4217

Form 990EZ Part I Line 16

Description:BANK AND FILING FEES Amount:1590

Form 990EZ Part I Line 16

Description:PROFESSIONAL MUSICIANS Amount:1084

Form 990EZ Part I Line 20

Description:PRIOR PERIOD ADJUSTMENT Amount:261888

Form 990EZ Part I Line 20

Description:FOREIGN CURRENCY CONVERSION Amount:7676

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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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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To provide funding for select concerts and recordings of the great French composer Hector Berlioz. A previous sponsored event was the first complete recording of Berlioz's opera "Benvenuto Cellini" on the occasion of the 200th anniversary of the composer's birth in Paris, France (December 2003). In 2017 we recorded "Les Troyens", taken from two live concerts in Strasbourg, France and in 2019 we recorded a concert performance of the "Requiem" ("Grande Messe des morts") in St. Paul's Cathedral, London, on the 150th anniversary of Berlioz's death as well as Berlioz's "Damnation de Faust" in Strasbourg. We also recorded Berlioz's "Romeo and Juliette" in Strasbourg in June of 2022. In addition, Berlioz's "Harold en Italie"Les Nuits d'Ete" were released in November 2022. To date we have won eight international awards, among them Opera Recording of the Year from Gramophone for "Les Troyens" as well as a number of others. In addition to the above Ascanio's Purse sponsored another great m
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0PRIOR TO THE YEAR ENDED OCTOBER 31, 2021, ASCANIO'S PURSE CONSISTENTLY EXCEEDED THE REQUIRED ONE-THIRD PUBLIC SUPPORT PERCENTAGE. HOWEVER, DURING THE YEARS ENDED OCTOBER 31, 2021, OCTOBER 31, 2022, OCTOBER 31, 2023, AND OCTOBER 31, 2024, TOTAL CONTRIBUTIONS WERE SIGNIFICANTLY LESS THAN IN PRIOR YEARS DUE TO THE COVID-19 PANDEMIC. THE PANDEMIC VIRTUALLY STOPPED ALL CONCERT PRODUCTIONS WHICH SIGNIFICANTLY REDUCED CONTRIBUTIONS FROM THE GENERAL PUBLIC. THE BOARD OF DIRECTORS IS REPRESENTATIVE OF THE COMMUNITY SERVED BY ASCANIO'S PURSE AND DOES NOT COMPRISE A MAJORITY OF LARGE DONORS. ONLY ONE SMALLER MAJOR DONOR CURRENTLY SERVES AS A MEMBER OF THE BOARD OF DIRECTORS. THE ORGANIZATION'S EFFORTS TO PRESERVE AND MAKE AVAILABLE TO THE GENERAL PUBLIC THE WORKS OF HECTOR BERLIOZ ARE PROVIDED TO THE COMMUNITY AT LARGE WITHOUT DISCRIMINATION. TO INCREASE ITS PERCENTAGE OF PUBLIC SUPPORT IN 2024, ASCANIO'S PURSE PLANS TO CONTINUE TO CONDUCT DIRECT MAIL AND EMAIL APPEALS TO ITS DONOR BASE. THE ORGANIZATION IS ACTIVELY SOLICITING GRANTS FROM VARIOUS FOUNDATIONS AND WORKING TO INCREASE ITS DONOR BASE. THE ORGANIZATION'S BOARD REFLECTS REPRESENTATION FROM THE GENERAL PUBLIC AND ACTIVELY WORKS WITH THE ORGANIZATION TO DEVELOP A STRONG BASE OF QUALIFYING SUPPORT.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The prior period adjustment of $261,888 is required to include a bank account inadvertently left out of prior years' 990 presentation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description:OFFICE EXPENSES Amount:18885
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description:DONOR APPRECIATION Amount:4217
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description:BANK AND FILING FEES Amount:1590
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description:PROFESSIONAL MUSICIANS Amount:1084
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Description:PRIOR PERIOD ADJUSTMENT Amount:261888
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Description:FOREIGN CURRENCY CONVERSION Amount:7676
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ Part I Other Changes in Fund Balances:
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum03035648840
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-15
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ReturnHeader/Filer/EIN0810589153
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ReturnHeader/Filer/PhoneNum03035648840
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kimberly A Tortora
ReturnHeader/ReturnTs02025-09-14T16:08:15-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-11-01
ReturnHeader/TaxPeriodEndDt02024-10-31
ReturnHeader/TaxYr02023

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