Civic Intelligence

The Denver Brass Inc

EIN 84-0945046 • 501(c)3 • Denver, CO

Profile

To promote large brass ensemble music through public concerts and to educate the public about this artistic form of music.

2253 Downing StreetDenver, CO 80205

www.denverbrass.org

Siviq Scores

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

Liabilities / Assets

58th percentile

0.04x

Higher debt load relative to assets than 58% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

60th percentile

0.04x

Higher debt load relative to revenue than 60% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

31st percentile

-4.1%

Higher net margin than 31% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

77th percentile

$73,546

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 10.4% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

31st percentile

-3.8%

Faster asset growth than 31% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

61st percentile

15%

Faster revenue growth than 61% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$779,947

Down $30,421 (-3.8%) from 2023

Liabilities

Down

$30,059

Down $1,206 (-3.9%) from 2023

Net Assets

Down

$749,888

Down $29,215 (-3.7%) from 2023

Revenue

Up

$704,363

Up $92,778 (+15%) from 2023

Expenses

Up

$733,578

Up $96,490 (+15%) from 2023

Net Income

Down

-$29,215

Down $3,712 (-15%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $415,108Liabilities 2010: $54,432Net Assets 2010: $360,6762010Assets 2011: $438,481Liabilities 2011: $34,835Net Assets 2011: $403,6462011Assets 2012: $466,015Liabilities 2012: $36,306Net Assets 2012: $429,7092012Assets 2013: $423,418Liabilities 2013: $30,318Net Assets 2013: $393,1002013Assets 2014: $401,350Liabilities 2014: $39,539Net Assets 2014: $361,8112014Assets 2015: $411,109Liabilities 2015: $19,743Net Assets 2015: $391,3662015Assets 2016: $403,125Liabilities 2016: $29,085Net Assets 2016: $374,0402016Assets 2017: $369,243Liabilities 2017: $28,232Net Assets 2017: $341,0112017Assets 2018: $383,170Liabilities 2018: $46,017Net Assets 2018: $337,1532018Assets 2019: $343,451Liabilities 2019: $33,543Net Assets 2019: $309,9082019Assets 2020: $425,509Liabilities 2020: $38,104Net Assets 2020: $387,4052020Assets 2021: $709,340Liabilities 2021: $28,299Net Assets 2021: $681,0412021Assets 2022: $839,449Liabilities 2022: $34,843Net Assets 2022: $804,6062022Assets 2023: $810,368Liabilities 2023: $31,265Net Assets 2023: $779,1032023Assets 2024: $779,947Liabilities 2024: $30,059Net Assets 2024: $749,8882024

Highlighted filing

2024

Assets$779,947
Liabilities$30,059
Net Assets$749,888

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $527,4082010Expenses 2011: $522,9162011Expenses 2012: $584,4832012Revenue 2013: $556,292Expenses 2013: $592,901Net Income 2013: -$36,6092013Revenue 2014: $491,133Expenses 2014: $522,422Net Income 2014: -$31,2892014Revenue 2015: $576,021Expenses 2015: $546,466Net Income 2015: $29,5552015Revenue 2016: $602,655Expenses 2016: $619,982Net Income 2016: -$17,3272016Revenue 2017: $658,322Expenses 2017: $691,351Net Income 2017: -$33,0292017Revenue 2018: $737,289Expenses 2018: $741,147Net Income 2018: -$3,8582018Revenue 2019: $654,718Expenses 2019: $681,963Net Income 2019: -$27,2452019Revenue 2020: $398,380Expenses 2020: $320,883Net Income 2020: $77,4972020Revenue 2021: $658,623Expenses 2021: $364,987Net Income 2021: $293,6362021Revenue 2022: $732,690Expenses 2022: $608,267Net Income 2022: $124,4232022Revenue 2023: $611,585Expenses 2023: $637,088Net Income 2023: -$25,5032023Revenue 2024: $704,363Expenses 2024: $733,578Net Income 2024: -$29,2152024

Highlighted filing

2024

Revenue$704,363
Expenses$733,578
Net Income-$29,215

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.80$0.30$7.50$7.04$7.34$0.29
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.10$0.31$7.79$6.12$6.37$0.26
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.39$0.35$8.05$7.33$6.08$1.24
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.09$0.28$6.81$6.59$3.65$2.94
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.26$0.38$3.87$3.98$3.21$0.77
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.43$0.34$3.10$6.55$6.82$0.27
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.83$0.46$3.37$7.37$7.41$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.69$0.28$3.41$6.58$6.91$0.33
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.03$0.29$3.74$6.03$6.20$0.17
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.11$0.20$3.91$5.76$5.46$0.30
2014Detailed filing. Detailed filing data is available for this year.$4.01$0.40$3.62$4.91$5.22$0.31
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.23$0.30$3.93$5.56$5.93$0.37
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.66$0.36$4.30$5.84
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.38$0.35$4.04$5.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.15$0.54$3.61$5.27
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2018 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 6, 2019
Return Version
2018v3.1
Gross Receipts
$738,418
Mission and Program Overview

Mission

To promote large brass ensemble music through public concerts and to educate the public about this artistic form of music.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$213,797$218,518▲ $4,721
Inventories for Sale or Use$74,034$72,963▼ $1,071
Land, Buildings, and Equipment, Net$43,632$38,899▼ $4,733
Prepaid Expenses and Deferred Charges$3,101$23,893▲ $20,792
Cash and Non-Interest-Bearing Accounts$17,880$15,408▼ $2,472
Accounts Receivable$16,799$13,489▼ $3,310
Total Assets$369,243$383,170▲ $13,927
Liabilities
Deferred Revenue$14,438$22,161▲ $7,723
Accounts Payable and Accrued Expenses$5,536$17,706▲ $12,170
Other Liabilities$8,258$6,150▼ $2,108
Total Liabilities$28,232$46,017▲ $17,785
Net Assets / Fund Balance
Unrestricted Net Assets$341,011$337,153▼ $3,858
Total Net Assets Fund Balance$341,011$337,153▼ $3,858
Total Liabilities and Net Assets / Fund Balance$369,243$383,170▲ $13,927

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$38,899$13,895$52,794
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rebecca WilkinsExecutive DiFT$43,100$7,355$50,455
Kathleen BrantiganArtistic DirectorPT$29,000$5,400$34,400

Board Members and Trustees

NameTitle
Chuck ThorntonPresident
Richard TrowPresident El
Colby ParkerDirector
Doug MillerDirector
Hans ZeschinDirector
Jack MoningerDirector
Jeffrey CraigDirector
Jim LeupoldDirector
Krista PiccoDirector
Robert ValleroDirector
Ryan SpencerDirector
William AndersonDirector
Mark Eliot RodgersPast Preside
Warren DeckPast Preside
Heidi CraigSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$395,333
Program Service Revenue
$332,643
Investment Income
$721
Other Revenue
$8,592
All Other Contributions
$251,343
Change in Net Assets
$-3,858

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table13$126,187Fair Market Value (FMV)
Total Noncash Contributions13$126,187-

Audited Revenue Reconciliation

Revenue per Audited Statements
$737,289
Revenue Not Reported on Form 990
$6,479
Total Revenue per Audited Statements
$743,768
Total Revenue per Form 990
$737,289
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$562,236
Salaries, Compensation, and Employee Benefits$178,911
Total Fundraising Expense$26,357
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$280,893--$280,893
Advertising$222,799--$222,799
Current Officers, Directors, Trustees, and Key Employees$60,706$16,597$7,552$84,855
Other Salaries and Wages$58,558$16,010$7,286$81,854
Office Expenses$6,003$12,734$8,444$27,181
Payroll Taxes$8,426$2,305$1,047$11,778
Occupancy$4,651$1,271$578$6,500
Depreciation Depletion$4,381$1,198$545$6,124
Information Technology$3,960$1,083$493$5,536
Fees for Services Accounting-$4,320-$4,320
Travel$2,299$732$286$3,317
Other Expenses$708$194$88$990
Other Employee Benefits$303$83$38$424
Total Functional Expenses$653,687$61,103$26,357$741,147

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$747,626
Expenses per Audited Statements$741,147
Total Expenses per Form 990$741,147
Expenses Not Reported on Form 990$6,479
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Kathleen BrantiganDirector/ownerRentYes$6,500
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Obligation$6,150
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
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, Page 6, Part VI, Line 2

Kathleen brantigan canzona music publications director owner heidi craig jeffrey craig treas/scribe director married

Form 990, Page 6, Part VI, Line 11B

The financial committee and board review the 990 before filing.

Form 990, Page 6, Part VI, Line 12C

Discussed annually, and when financial and program issues are discussed.

Form 990, Page 6, Part VI, Line 15A

The finance committee sets the annual budget which includes staff salary. The finance committee presents the budget to the board for approval.

Form 990, Page 6, Part VI, Line 15B

The finance committee sets the annual budget which includes staff salary. The finance committee presents the budget to the board for approval.

Form 990, Page 6, Part VI, Line 19

Governing documents and 990 available upon request.

Filing and Contact Details

Filer

Filer Name
The Denver Brass Inc
EIN
84-0945046
Phone
3038324676
Address
2253 DOWNING STREET, DENVER, CO 80205

Signing Officer

Name
Kathleen Brantigan
Title
Artistic Director
Phone
3038324676
Signed
2019-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathleen Brantigan
Formed
1981
Legal Domicile
Co
Voting Board Members
14
Independent Board Members
14
Employees
6
Volunteers
85

Preparer

Firm
Jds Professional Group
Address
10303 E DRY CREEK RD STE 400, ENGLEWOOD, CO 80112
Preparer
Lori B Bauer CPA
Phone
3037710123
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Musicians 155,663 0 0 tech/prod - program prod 125,230 0 0 total 280,893 0 0

Form 990, Part XI, Line 9

COGS 1,129 COGS -1,129

Financial Statement Notes

Schedule D, Page 3, Part X

The organization adopted the accounting for uncertainty in income taxes accounting standard which requires them to determine whether a tax position (and the related tax benefit) is more likely than not to be sustained upon examination by the applicable taxing authority, based solely on the technical merits of the position. The tax benefit to be recognized is measured as the largest amount of benefit that is greater than fifty percent likely of being realized upon settlement, presuming that the tax position is examined by the appropriate taxing authority that has full knowledge of all relevant information. During the years ended december 31, 2018 and 2017, the organization's management evaluated its tax positions to determine the existence of uncertainties, and did not note any matters that would require recognition or which may have an affect on its tax-exempt status.

Schedule D, Page 4, Part XI, Line 2D

COGS 1,129

Schedule D, Page 4, Part XII, Line 2D

COGS 1,129

Raw XML AppendixShowing 400 of 504 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.

Path#Value
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IRS990/AccountsReceivableGrp/BOYAmt016799
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IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROMOTE LARGE BRASS ENSEMBLE MUSIC THROUGH PUBLIC CONCERTS AND TO EDUCATE THE PUBLIC ABOUT THIS ARTISTIC FORM OF MUSIC.
IRS990/AdvertisingGrp/ProgramServicesAmt0222799
IRS990/AdvertisingGrp/TotalAmt0222799
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IRS990/BooksInCareOfDetail/PhoneNum03038324676
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02253 DOWNING STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0DENVER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd080205
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IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt084855
IRS990/CompensationFromOtherSrcsInd0false
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IRS990/ConservationEasementsInd0false
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IRS990/CostOfGoodsSoldAmt01129
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0395333
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IRS990/DelegationOfMgmtDutiesInd0false
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IRS990/DepreciationDepletionGrp/TotalAmt06124
IRS990/Desc0IN FISCAL YEAR 2018, THE DENVER BRASS PRESENTED 141 SEASON CONCERTS, FREE AND REDUCED-PRICE COMMUNITY CONCERTS, AND EDUCATIONAL WORKSHOPS. ATTENDANCE AT THESE EVENTS WAS APPROXIMATELY 48,000. IN ADDITION, THE ORGANIZATION COMMISSIONED AND PERFORMED 7 NEW MUSICAL WORKS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2PAST PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt3PAST PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT EL
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt16ARTISTIC DIR
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IRS990/MissionDesc0TO PROMOTE LARGE BRASS ENSEMBLE MUSIC THROUGH PUBLIC CONCERTS AND TO EDUCATE THE PUBLIC ABOUT THIS ARTISTIC FORM OF MUSIC.
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherExpensesGrp/Desc0BANK/CREDIT CARD FEES
IRS990/OtherExpensesGrp/Desc1MISC
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1194
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IRS990/OtherExpensesGrp/TotalAmt1990
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IRS990/PrincipalOfficerNm0KATHLEEN BRANTIGAN
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ADOPTED THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ACCOUNTING STANDARD WHICH REQUIRES THEM TO DETERMINE WHETHER A TAX POSITION (AND THE RELATED TAX BENEFIT) IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY, BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT TO BE RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON SETTLEMENT, PRESUMING THAT THE TAX POSITION IS EXAMINED BY THE APPROPRIATE TAXING AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. DURING THE YEARS ENDED DECEMBER 31, 2018 AND 2017, THE ORGANIZATION'S MANAGEMENT EVALUATED ITS TAX POSITIONS TO DETERMINE THE EXISTENCE OF UNCERTAINTIES, AND DID NOT NOTE ANY MATTERS THAT WOULD REQUIRE RECOGNITION OR WHICH MAY HAVE AN AFFECT ON ITS TAX-EXEMPT STATUS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COGS 1,129
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2COGS 1,129
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0KATHLEEN BRANTIGAN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DIRECTOR/OWNER
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KATHLEEN BRANTIGAN CANZONA MUSIC PUBLICATIONS DIRECTOR OWNER HEIDI CRAIG JEFFREY CRAIG TREAS/SCRIBE DIRECTOR MARRIED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FINANCIAL COMMITTEE AND BOARD REVIEW THE 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DISCUSSED ANNUALLY, AND WHEN FINANCIAL AND PROGRAM ISSUES ARE DISCUSSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FINANCE COMMITTEE SETS THE ANNUAL BUDGET WHICH INCLUDES STAFF SALARY. THE FINANCE COMMITTEE PRESENTS THE BUDGET TO THE BOARD FOR APPROVAL.

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