Civic Intelligence

Cmf Endowment Fund

990 • Fiscal year 2019 • EIN 84-1095703

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 29, 2020

900 Baseline Road - Cottage 200Boulder, CO 80302

(303) 665-0599

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

28th percentile

0.00x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

78th percentile

21%

Faster asset growth than 78% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

99th percentile

526%

Faster revenue growth than 99% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$867,096

Up $151,742 (+21%) from 2018

Net Assets

Up

$867,096

Up $151,802 (+21%) from 2018

Liabilities

Down

$0

Down $60 (-100%) from 2018

Revenue

Up

$127,284

Up $106,943 (+526%) from 2018

Expenses

Down

$0

Down $4,060 (-100%) from 2018

Net Income

Up

$127,284

Up $111,003 (+682%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $963,371Liabilities 2010: $1,400Net Assets 2010: $961,9712010Assets 2011: $834,922Liabilities 2011: $650Net Assets 2011: $834,2722011Assets 2012: $774,125Liabilities 2012: $0Net Assets 2012: $774,1252012Assets 2013: $768,490Liabilities 2013: $0Net Assets 2013: $768,4902013Assets 2014: $946,283Liabilities 2014: $0Net Assets 2014: $946,2832014Assets 2015: $863,492Liabilities 2015: $0Net Assets 2015: $863,4922015Assets 2016: $673,136Liabilities 2016: $0Net Assets 2016: $673,1362016Assets 2017: $755,354Liabilities 2017: $0Net Assets 2017: $755,3542017Assets 2018: $715,354Liabilities 2018: $60Net Assets 2018: $715,2942018Assets 2019: $867,096Liabilities 2019: $0Net Assets 2019: $867,0962019Assets 2020: $871,620Liabilities 2020: $0Net Assets 2020: $871,6202020Assets 2021: $914,549Liabilities 2021: $0Net Assets 2021: $914,5492021Assets 2022: $743,570Liabilities 2022: $0Net Assets 2022: $743,5702022Assets 2023: $699,042Liabilities 2023: $0Net Assets 2023: $699,0422023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2019

Assets$867,096
Liabilities$0
Net Assets$867,096

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MExpenses 2010: $141,9222010Revenue 2011: $41,687Expenses 2011: $140,700Net Income 2011: -$99,0132011Expenses 2012: $170,5102012Revenue 2013: $26,179Expenses 2013: $94,077Net Income 2013: -$67,8982013Revenue 2014: $187,394Expenses 2014: $30,150Net Income 2014: $157,2442014Revenue 2015: $110,095Expenses 2015: $40,000Net Income 2015: $70,0952015Revenue 2016: $28,514Expenses 2016: $255,000Net Income 2016: -$226,4862016Revenue 2017: $59,840Expenses 2017: $4,000Net Income 2017: $55,8402017Revenue 2018: $20,341Expenses 2018: $4,060Net Income 2018: $16,2812018Revenue 2019: $127,284Expenses 2019: $0Net Income 2019: $127,2842019Revenue 2020: -$31,345Expenses 2020: $0Net Income 2020: -$31,3452020Revenue 2021: $67,447Expenses 2021: $80,000Net Income 2021: -$12,5532021Revenue 2022: $28,899Expenses 2022: $42,517Net Income 2022: -$13,6182022Revenue 2023: $152,048Expenses 2023: $252,016Net Income 2023: -$99,9682023Revenue 2024: $22,461Expenses 2024: $761,734Net Income 2024: -$739,2732024

Highlighted filing

2019

Revenue$127,284
Expenses$0
Net Income$127,284
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 29, 2020
Return Version
2019v5.1
Gross Receipts
$875,978
Mission and Program Overview

Mission

Provide for the long-term sustainability of the colorado music festival.

Provide long-term sustainability of the colorado music festival & center for musical arts (cma).

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$710,162$862,796▲ $152,634
Cash and Non-Interest-Bearing Accounts$5,192$1,300▼ $3,892
Total Assets$715,354$867,096▲ $151,742
Other Assets Total$0$3,000▲ $3,000
Liabilities
Accounts Payable and Accrued Expenses$60--
Total Liabilities$60$0▼ $60
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$404,919$517,519▲ $112,600
Net Assets With Donor Restrictions$310,375$349,577▲ $39,202
Total Net Assets Fund Balance$715,294$867,096▲ $151,802
Total Liabilities and Net Assets / Fund Balance$715,354$867,096▲ $151,742

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$715,293$3,300▲ $148,503-$867,096
2018$755,354$1,000▼ $37,000$4,000$715,293
2017$673,136$29,177▲ $57,041$4,000$755,354
2016$863,492$6,027▲ $58,617$255,000$673,136
2015$946,283-▼ $42,791$40,000$863,492
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$3,300
Program Service Revenue
$0
Investment Income
$123,984
Other Revenue
$0
All Other Contributions
$3,300
Change in Net Assets
$127,284
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The 990 is sent to the board president who reviews and then signs the e-file form. The form is available to any of the other board members upon request.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the general public upon written request.

Filing and Contact Details

Filer

Filer Name
Cmf Endowment Fund
EIN
84-1095703
Phone
3036650599
Address
900 BASELINE ROAD - COTTAGE 200, BOULDER, CO 80302

Signing Officer

Name
Tk Smith
Title
President
Phone
3036650599
Signed
2020-06-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tk Smith
Formed
1976
Legal Domicile
Co
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Kco Inc
Address
4999 PEARL EAST CIRCLE SUITE 103, BOULDER, CO 80301
Preparer
Mark Kightlinger
Phone
3034493830
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

- support long-term needs of colorado music festival & cma - support specific musicians

PART X, LINE 2:

The organization has taken no tax positions they believe are unlikely to be upheld or that might jeopardize their tax-exempt status. Spefically, the organization has no unrelated business income and all of its activities align with it's original tax exempt mission, which is to be a supporting organization to colorado music festival & cma.

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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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IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.13000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0- SUPPORT LONG-TERM NEEDS OF COLORADO MUSIC FESTIVAL & CMA - SUPPORT SPECIFIC MUSICIANS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS TAKEN NO TAX POSITIONS THEY BELIEVE ARE UNLIKELY TO BE UPHELD OR THAT MIGHT JEOPARDIZE THEIR TAX-EXEMPT STATUS. SPEFICALLY, THE ORGANIZATION HAS NO UNRELATED BUSINESS INCOME AND ALL OF ITS ACTIVITIES ALIGN WITH IT'S ORIGINAL TAX EXEMPT MISSION, WHICH IS TO BE A SUPPORTING ORGANIZATION TO COLORADO MUSIC FESTIVAL & CMA.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.27000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS SENT TO THE BOARD PRESIDENT WHO REVIEWS AND THEN SIGNS THE E-FILE FORM. THE FORM IS AVAILABLE TO ANY OF THE OTHER BOARD MEMBERS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0COLORADO MUSIC FESTIVAL & CMA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0840735716
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MUSIC PERFORMANCE & EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0200 E BASELINE ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LAFAYETTE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd080026
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt03000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0COLORADO MUSIC FESTIVAL & CENTER FOR MUSICAL ARTS
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0S
IRS990ScheduleR/TransferFromOtherOrgInd01
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0715354
IRS990/TotalAssetsEOYAmt0867096
IRS990/TotalAssetsGrp/BOYAmt0715354
IRS990/TotalAssetsGrp/EOYAmt0867096
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt03300
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt00
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt060
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt060
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0715294
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0867096
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt020084
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0103900
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0127284
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0715354
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0867096
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0900 BASELINE ROAD - COTTAGE 200
IRS990/USAddress/CityNm0BOULDER
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080302
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0COMUSIC.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TK SMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03036650599
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CMF ENDOWMENT FUND
ReturnHeader/Filer/BusinessNameControlTxt0CMFE
ReturnHeader/Filer/EIN0841095703
ReturnHeader/Filer/PhoneNum03036650599
ReturnHeader/Filer/USAddress/AddressLine1Txt0900 BASELINE ROAD - COTTAGE 200
ReturnHeader/Filer/USAddress/CityNm0BOULDER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080302
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId06C9B1A35775087DBDB8A6D25ECA509C7F6C27838
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06C9B1A35775087DBDB8A6D25ECA509C7F6C27838
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0104.193.46.135
ReturnHeader/FilingSecurityInformation/IPDt02020-06-29
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0MD
ReturnHeader/FilingSecurityInformation/IPTm011:22:48
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0431973095
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KCO INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04999 PEARL EAST CIRCLE SUITE 103
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOULDER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080301
ReturnHeader/PreparerPersonGrp/PhoneNum03034493830
ReturnHeader/PreparerPersonGrp/PreparationDt02020-06-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK KIGHTLINGER
ReturnHeader/ReturnTs02020-06-30T18:07:11-05:00
ReturnHeader/ReturnTypeCd0990

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.22$7.62$7.39
2023Summary only. Only limited summary data is available for this year.$6.99$0.00$6.99$1.52$2.52$1.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.44$0.00$7.44$0.29$0.43$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.15$0.00$9.15$0.67$0.80$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.72$0.00$8.72$0.31$0.00$0.31
2019Detailed filing. Detailed filing data is available for this year.$8.67$0.00$8.67$1.27$0.00$1.27
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.15$0.00$7.15$0.20$0.04$0.16
2017Summary only. Only limited summary data is available for this year.$7.55$0.00$7.55$0.60$0.04$0.56
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.73$0.00$6.73$0.29$2.55$2.26
2015Detailed filing. Detailed filing data is available for this year.$8.63$0.00$8.63$1.10$0.40$0.70
2014Detailed filing. Detailed filing data is available for this year.$9.46$0.00$9.46$1.87$0.30$1.57
2013Detailed filing. Detailed filing data is available for this year.$7.68$0.00$7.68$0.26$0.94$0.68
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.74$0.00$7.74$1.71
2011Summary only. Only limited summary data is available for this year.$8.35$0.01$8.34$0.42$1.41$0.99
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.63$0.01$9.62$1.42