Telluride Association Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO SUPPORT HIGHER EDUCATION
- Income
- $3.1 million
- Spending
- $3.9 million
- Spent on programs
- 67%
- Reserves
- Over 10 years of spending
- Largest source of income
- investment income, 91%
- Employees
- 45
- Volunteers
- 67
- Highest pay
- $160,764, executive director
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 71% of charities in its peer group (education, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 26% of income.
Income trend
15 of 15Income rose 45% on the year before.
Spending floor
15 of 1567% of spending went to programs and raising each dollar of donations cost 12 cents.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 74% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 2565 of 65 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $1.8 million spent. HOUSES AT CORNELL AND MICHIGAN UNIVERSITIES - RESIDENCES FOR STUDENTS ENROLLED AS FULL-TIME STUDENTS AND 2-3 FACULTY MEMBERS.CORNELL - CURRENT HOUSEMEMBERS ARE BOTH UNDERGRADUATES AND GRADUATES ENROLLED AT CORNELL UNIVERSITY AND STUDY A FULL RANGE OF DISCIPLINES. MEMBERS OF CORNELL FACULTY ALSO LIVE AT THE HOUSE. THIS SETTING PROVIDES AN UNUSUALLY RICH AND INTENSE ACADEMIC EXPERIENCE. THE HOUSE ENCOURAGES THIS THROUGH FORMAL PROGRAMS SUCH AS A PUBLIC SPEAKING PROGRAM, SEMINARS LED BY MEMBERS OR GUEST PROFESSORS, AND FACULTY RECEPTIONS. MUCH OF THE HOUSE'S SPECIAL IMPACT OCCURS INFORMALLY IN DAILY LIFE. STUDENTS BENEFIT FROM EXPOSURE TO IDEAS FROM A WIDE RANGE OF DISCIPLINES, SHARE IN AN ATMOSPHERE OF RIGOROUS INTELLECTUAL EXCHANGE, AND DRAW ON EACH OTHER FOR ADVICE, SUPPORT, AND INSPIRATION.MICHIGAN - TELLURIDE HOUSE OFFERS FULL ROOM AND BOARD SCHOLARSHIPS TO TWENTY TO THIRTY UNIVERSITY OF MICHIGAN UNDERGRADUATE AND GRADUATE STUDENTS WITH A VARIETY OF ACADEMIC BACKGROUNDS, POLITICAL VIEWS, AND CULTURAL PERSPECTIVES. THESE STUDENTS FORM A VIBRANT COMMUNITY, SHARING LIVELY CONVERSATION, JOINT PROJECTS, AND THE DYNAMIC EXPERIENCE OF DEMOCRATIC LIFE. EACH YEAR, TELLURIDE STUDENTS PLAN AND IMPLEMENT A MAJOR PROJECT THAT IMPROVES PUBLIC LIFE IN THE ANN ARBOR AREA.
- $787,665 spent. THE TELLURIDE ASSOCIATION SOPHOMORE SEMINAR (TASS) OFFERS BRIGHT, MOTIVATED HIGH SCHOOL SOPHOMORES CHALLENGING SIX-WEEK COLLEGE LEVEL COURSES IN HUMANITIES TOPICS. WE WORK WITH UNIVERSITY FACULTY TO CREATE EXCITING COURSES DESIGNED TO INSPIRE YOUNG PEOPLE TO LEARN CRITICAL THINKING, COMMUNITY-BUILDING, AND SELF-GOVERNANCE. BECAUSE WE BELIEVE THAT ALL STUDENTS SHOULD HAVE THE OPPORTUNITY TO PURSUE THEIR IDEALS, WE COVER ALL PROGRAM COSTS, INCLUDING TUITION, ROOM & BOARD, FIELD TRIPS, AND FACILITIES FEES. STUDENTS WITH FINANCIAL NEED MAY APPLY FOR ADDITIONAL ASSISTANCE WITH TRAVEL COSTS AND A SUBSIDY TO REPLACE SUMMER EARNINGS.
- $23,800 spent. TELLURIDE ASSOCIATION SPONSORS A VARIETY OF AWARDS FOR STUDENTS AT MANY STAGES OF THEIR ACADEMIC CAREERS.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending May 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 1951.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.