Colorado Fine Arts Association
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Colorado Fine Arts Association CFAA is a 501c3 nonprofit dedicated to preserving presenting and promoting the classical performing arts of India and the rest of South Asia including Carnatic music Hindustani music and classical dance for diverse audiences across Colorado.
- Income
- $262,719
- Spending
- $214,303
- Spent on programs
- 97%
- Reserves
- 24.7 months of spending
- Largest source of income
- donations and private grants, 55%
- Employees
- 0
- Volunteers
- 14
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 88% of charities in its peer group (arts and culture, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 24.7 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
15 of 15Income exceeded spending by 18% of income.
Income trend
15 of 15Income rose 104% on the year before.
Spending floor
15 of 1597% of spending went to programs and raising each dollar of donations cost 1 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 82 out of 100. Higher than 66% of charities in its peer group (arts and culture, $250k to $1m).
Independent board
25 of 255 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no 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.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed 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 December 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 (4)
- $50,245 spent. Hariharan in Concert 2025: CFAA presented Padma Shri Hariharan one of Indias most accomplished classical and ghazal vocalists and a celebrated playback singer in a major concert event in 2025. The concert featured a blend of Hindustani classical compositions and Indian devotional music performed with accompanying instrumentalists from India and the United States. The event drew a large multi-generational audience from across the Denver metro area and beyond expanding CFAAs reach into the broader South Asian community while remaining grounded in classical music traditions. As CFAAs flagship 2025 event it generated meaningful program service revenue and attracted new patrons to the organizations regular classical programming.
- $27,771 spent. Ranjani-Gayathri in Concert 2025: CFAA presented the celebrated Carnatic vocal duo Ranjani and Gayathri two of the most respected classical Carnatic musicians performing today. Known for their exceptional vocal technique deep grounding in Carnatic tradition and signature renditions of devotional and classical compositions the sisters delivered a major Carnatic music concert to Colorado audiences. The event served CFAAs core mission of preserving and promoting classical Indian performing arts and engaged dedicated patrons of Carnatic music as well as newer audiences seeking authentic classical traditions.
- $26,175 spent. Sanjay Subrahmanyan in Concert 2025: CFAA presented Sangita Kalanidhi Sanjay Subrahmanyan one of the most acclaimed Carnatic vocalists of his generation in a major classical concert. Recognized with the Madras Music Academys highest honor and celebrated for his masterful command of traditional Carnatic repertoire his innovative concert formats and his deep scholarly engagement with the music Sanjay delivered a full Carnatic kacheri to Colorado audiences. The concert featured classical compositions across the Carnatic canon performed with traditional accompaniment on violin and mridangam drawing dedicated patrons of Carnatic music from across the Denver metro area and surrounding regions. The event reflected CFAAs core mission of presenting the highest caliber of classical Indian performing arts to North American audiences and stood as one of the organizations flagship Carnatic offerings of 2025.
- $103,009 spent. Other Classical Performing Arts Programs 2025: Throughout fiscal year 2025 CFAA presented an additional series of classical music and dance programs across Colorado each contributing to the organizations mission of preserving presenting and promoting the classical performing arts of India and South Asia. These included: Kalyana Srinivasam A devotional Carnatic music presentation Yavanika A classical Indian dance program CFAA Itihasa A heritage and educational program celebrating CFAAs history and the continuum of classical arts tradition The Golden Road A bridge program connecting classical traditions to contemporary North American audiences Dikshithar 250 A commemorative program marking the 250th birth anniversary of Muthuswami Dikshitar one of the Trinity of Carnatic music VK Arunkumar A classical Carnatic vocal concert RMTU 2025 A musical training and educational engagement program Vasantha Utsav A classical Indian music and dance festival event Natyang Nritasala A classical Indian dance program
Source: Form 990 for the year ending December 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 December 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 February 2011.
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.
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