Civic Intelligence

Boulder Convention and Visitors Bureau

EIN 82-0722486 • 501(c)6 • Boulder, CO

Profile

The organization's mission is to provide leadership promoting boulder's natural environment, arts, culture, innovation and the visitor experience to support economic vitality and quality of life.

2440 Pearl StreetBoulder, CO 80302

n/A

Siviq Scores

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

Liabilities / Assets

84th percentile

0.49x

Higher debt load relative to assets than 84% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

36th percentile

0.08x

Higher debt load relative to revenue than 36% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

20th percentile

-5.6%

Higher net margin than 20% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

11th percentile

-12%

Faster asset growth than 11% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

59th percentile

9.6%

Faster revenue growth than 59% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$421,617

Down $59,004 (-12%) from 2023

Liabilities

Up

$207,593

Up $87,943 (+74%) from 2023

Net Assets

Down

$214,024

Down $146,947 (-41%) from 2023

Revenue

Up

$2,613,612

Up $229,427 (+9.6%) from 2023

Expenses

Up

$2,760,559

Up $269,267 (+11%) from 2023

Net Income

Down

-$146,947

Down $39,840 (-37%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2018: $156,270Liabilities 2018: $99,230Net Assets 2018: $57,0402018Assets 2019: $162,961Liabilities 2019: $90,768Net Assets 2019: $72,1932019Assets 2020: $1,243,141Liabilities 2020: $227,996Net Assets 2020: $1,015,1452020Assets 2021: $698,178Liabilities 2021: $112,328Net Assets 2021: $585,8502021Assets 2022: $544,847Liabilities 2022: $76,769Net Assets 2022: $468,0782022Assets 2023: $480,621Liabilities 2023: $119,650Net Assets 2023: $360,9712023Assets 2024: $421,617Liabilities 2024: $207,593Net Assets 2024: $214,0242024

Highlighted filing

2024

Assets$421,617
Liabilities$207,593
Net Assets$214,024

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2018: $2,059,318Expenses 2018: $2,202,566Net Income 2018: -$143,2482018Revenue 2019: $2,233,482Expenses 2019: $2,218,329Net Income 2019: $15,1532019Revenue 2020: $2,445,762Expenses 2020: $1,502,810Net Income 2020: $942,9522020Revenue 2021: $1,358,891Expenses 2021: $1,788,186Net Income 2021: -$429,2952021Revenue 2022: $1,992,940Expenses 2022: $2,110,712Net Income 2022: -$117,7722022Revenue 2023: $2,384,185Expenses 2023: $2,491,292Net Income 2023: -$107,1072023Revenue 2024: $2,613,612Expenses 2024: $2,760,559Net Income 2024: -$146,9472024

Highlighted filing

2024

Revenue$2,613,612
Expenses$2,760,559
Net Income-$146,947

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$2,613,612
Mission and Program Overview

Mission

The organization's mission is to provide leadership promoting boulder's natural environment, arts, culture, innovation and the visitor experience to support economic vitality and quality of life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$331,202$257,596▼ $73,606
Prepaid Expenses and Deferred Charges$129,211$92,163▼ $37,048
Accounts Receivable$11,800$64,945▲ $53,145
Land, Buildings, and Equipment, Net$2,908$1,413▼ $1,495
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$480,621$421,617▼ $59,004
Other Assets Total$5,500$5,500→ $0
Liabilities
Other Liabilities$105,252$179,722▲ $74,470
Accounts Payable and Accrued Expenses$14,398$27,871▲ $13,473
Total Liabilities$119,650$207,593▲ $87,943
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$360,971$214,024▼ $146,947
Total Net Assets Fund Balance$360,971$214,024▼ $146,947
Total Liabilities and Net Assets / Fund Balance$480,621$421,617▼ $59,004

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$247$56,550$56,797
Equipment$1,166$31,834$33,000
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$2,589,916
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$23,696
Change in Net Assets
$-146,947

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,613,612
Total Revenue per Audited Statements
$2,613,612
Total Revenue per Form 990
$2,613,612
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,500,385
Salaries, Compensation, and Employee Benefits$1,260,174
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$67,257$989,011-$1,056,268
Advertising$472,533--$472,533
All Other Expenses$114,954$53,139-$168,093
Occupancy$1,133$106,187-$107,320
Other Employee Benefits-$103,372-$103,372
Payroll Taxes$6,656$82,190-$88,846
Travel$49,712--$49,712
Conferences and Meetings$35,647$12,505-$48,152
Other Expenses$45,918$29,221-$45,918
Office Expenses$8,394$10,327-$18,721
Insurance-$15,098-$15,098
Pension Plan Contributions-$11,688-$11,688
Fees for Services Accounting-$5,479-$5,479
Depreciation Depletion-$1,495-$1,495
Fees for Services Legal-$670-$670
Total Functional Expenses$1,337,337$1,423,222$0$2,760,559

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,760,559
Total Expenses per Audited Statements$2,760,559
Total Expenses per Form 990$2,760,559
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Pto$86,637
Payroll Liabilities$49,225
Credit Card Payable$42,167
Due to Bcc$1,693
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The board reviews form 990.

Form 990, Part VI, Section B, Line 15B

Form 990, part vi, line 15b - compensation review & approval process - officers & key employees. The organization conducts an annual salary survey and presents results to the board chairman who leads the executive committee in conducting the ceo's annual performance review. Other staff members are evaluated by their supervisor.

Form 990, Part VI, Section C, Line 19

The organization provides access to governing documents, policies, and financial statements upon request.

Filing and Contact Details

Filer

Filer Name
Boulder Convention and Visitors Bureau
EIN
82-0722486
Phone
3034422911
Address
2440 PEARL STREET, BOULDER, CO 80302

Signing Officer

Name
Charlene Hoffman
Title
CEO
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
2017
Legal Domicile
Co
Voting Board Members
13
Independent Board Members
13
Employees
25

Preparer

Firm
Cahill & Associates PC
Address
4810 Riverbend Rd, Boulder, CO 80301
Preparer
Edward T Cahill CPA
Phone
3034400400
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IRS990/MissionDesc0THE ORGANIZATION'S MISSION IS TO PROVIDE LEADERSHIP PROMOTING BOULDER'S NATURAL ENVIRONMENT, ARTS, CULTURE, INNOVATION AND THE VISITOR EXPERIENCE TO SUPPORT ECONOMIC VITALITY AND QUALITY OF LIFE.
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IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0103372
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IRS990/OtherExpensesGrp/Desc0CONTRACT LABOR
IRS990/OtherExpensesGrp/Desc1SPONSORSHIPS
IRS990/OtherExpensesGrp/Desc2COMPUTER DATABASE & IT
IRS990/OtherExpensesGrp/Desc3Printing and Publications
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt129221
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IRS990/OtherExpensesGrp/ProgramServicesAmt1207162
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0INTERNATIONAL & NEW MARKETS
IRS990/ProgSrvcAccomActyOtherGrp/Desc1COMMUNITY PROGRAMS
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PTO
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CREDIT CARD PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO BCC
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PAYROLL LIABILITIES
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD REVIEWS FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990, PART VI, LINE 15B - COMPENSATION REVIEW & APPROVAL PROCESS - OFFICERS & KEY EMPLOYEES. THE ORGANIZATION CONDUCTS AN ANNUAL SALARY SURVEY AND PRESENTS RESULTS TO THE BOARD CHAIRMAN WHO LEADS THE EXECUTIVE COMMITTEE IN CONDUCTING THE CEO'S ANNUAL PERFORMANCE REVIEW. OTHER STAFF MEMBERS ARE EVALUATED BY THEIR SUPERVISOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION PROVIDES ACCESS TO GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
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