Future Arts Foundation
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Raising each dollar of donations cost 95 cents.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
TO HOST CONCERTS THAT SUPPORT YOUTH ARTS PROGRAMS
- Income
- $359,760
- Spending
- $413,634
- Spent on programs
- 82%
- Reserves
- 0.3 months of spending
- Largest source of income
- fees for its services, 90%
- Employees
- 1
- Volunteers
- 20
- Highest pay
- $41,906, executive di
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
Weak: 15 out of 100. Higher than 0% of charities in its peer group (youth development, $250k to $1m).
Reserves
4 of 35Spendable reserves would cover 0.3 months of spending.
Debt
2 of 20It owes 76% of what it owns.
Living within its means
4 of 15Spending exceeded income by 15% of income.
Income trend
5 of 15Income fell 14% on the year before.
Spending floor
0 of 1582% of spending went to programs and raising each dollar of donations cost 95 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
Weak: 49 out of 100. Higher than 24% of charities in its peer group (youth development, $250k to $1m).
Independent board
18 of 252 of 3 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no 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
0 of 5Reports no independent review process for its chief executive's pay.
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 (2)
- $324,538 spent. IN 2025,THE FUTURE ARTS FOUNDATION OPENED THE DOORS TO IT'S FREE TUITION MUSIC SCHOOL, THE BLUEBIRD SCHOOL. THE SCHOOL PROVIDED FREE MUSIC INSTRUCTION, OVER TWO SEMESTERS, TO FOURTEEN STUDENTS. THE STUDENTS WERE AGED FOURTEEN THROUGH EIGHTEEN, AND CAME FROM SIX COLORADO CITIES. AFTER TWO SEMESTERS OF INSTRUCTION, THE STUDENTS PERFORMED THE KICKOFF CONCERT FOR THE BLUEBIRD MUSIC FESTIVAL. THE BLUEBIRD MUSIC FESTIVAL SOLD OUT THREE OF IT'S FOUR EVENTS THIS YEAR, WITH EIGHT THOUSAND ATTENDEES FROM FIFTEEN COUNTRIES AND OVER FORTY STATES. WE WILL BE OPENING OUR FIRST BRICK AND MORTAR LOCATION, THE LOST BLUEBIRD, IN THE SUMMER OF 2026. THE LEASE WAS EXECUTED IN APRIL 2025.
- $14,189 spent. THE FOUNDATION DONATED APPROXIMATELY 20 INSTRUMENTS TO THE CHILDREN OF COLORADO TEACHERS AND FIRST RESPONDERS.
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 October 2014.
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.