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Passes our checks

Take Note Colorado

EIN 82-0809862 · Denver, CO

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak40 out of 100GovernanceGood81 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TAKE NOTE COLORADO IS A STATEWIDE INITIATIVE THAT BUILDS ACCESS TO MUSIC EDUCATION OPPORTUNITIES FOR ALL YOUTH ACROSS COLORADO.

Income
$24,172
Spending
$166,266
Spent on programs
99%
Reserves
4.4 months of spending
Largest source of income
donations and private grants, 100%
Employees
0

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 40 out of 100. Higher than 12% of charities in its peer group (arts and culture, under $250k).

  • Reserves

    20 of 35

    Spendable reserves would cover 4.4 months of spending.

  • Debt

    5 of 20

    It owes 62% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 588% of income.

  • Income trend

    0 of 15

    Income fell 88% on the year before.

  • Spending floor

    15 of 15

    99% of spending went to programs and raising each dollar of donations cost 2 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 81 out of 100. Higher than 73% of charities in its peer group (arts and culture, under $250k).

  • Independent board

    25 of 25

    13 of 13 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 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 (1)
  1. $164,006 spent. TAKE NOTE COLORADO (TNC) CONTINUED TO FULFILL ITS MISSION TO PROVIDE ACCESS TO MUSICAL INSTRUCTION AND INSTRUMENTS ACROSS THE STATE OF COLORADO, FOCUSED ON YOUTH IN GRADES K-12 WHO LACK ACCESS. PARTNERSHIPS WITH THE BOYS & GIRLS CLUBS IN COLORADO WERE STRENGTHENED, WITH SECOND-YEAR FUNDING COMMITMENTS FOR EIGHT CLUBS AND FIRST-YEAR INVESTMENT IN THREE NEW CLUBS THAT ARE IMPLEMENTING MUSIC EDUCATION PROGRAMS FOR UNDERSERVED YOUTH IN THEIR COLORADO COMMUNITIES. THE ORGANIZATION REMAINS IN A HEALTHY FINANCIAL POSITION, WITH MONTHLY ADMINISTRATIVE EXPENSES MINIMAL. IN ADDITION TO SMALLER DONATIONS THROUGHOUT THE YEAR, LARGER FUNDRAISING EVENTS ARE PLANNED FOR EARLY 2026, TO REPLACE REVENUE GENERATED FROM THE FORMER ANNUAL SING IT TO ME SANTA FUNDRAISER, WHICH IS NO LONGER BEING IMPLEMENTED.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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.

  2. 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.

  3. 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.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2026.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 2017.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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.