Passes our checks

Tri Lakes Center for the Arts

EIN 84-1462039 · Monument, CO

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

What it says it does

maintaining a facility to provide arts, music, and educational programs

Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Weak: 43 out of 100. Higher than 14% of charities in its peer group (arts and culture, under $250k).

Reserves
0 of 35
Spendable reserves are negative: it owes or has committed more than it holds.
Debt
20 of 20
It owes 9% of what it owns.
Living within its means
8 of 15
Spending exceeded income by 2% of income.
Income trend
0 of 15
Income fell 47% on the year before.
Spending floor
15 of 15
100% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Weak: 47 out of 100. Higher than 22% of charities in its peer group (arts and culture, under $250k).

Independent board
25 of 25
20 of 20 voting board members are independent.
Conflict of interest policy
0 of 15
Reports no 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
0 of 10
Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5
Reports no independent review process for its chief executive's pay.
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, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)

$73,038 spent. Since reopening after the pandemic closure, the Tri-Lakes Center for the Arts fine art exhibitions have resulted in art sales that have provided thousands of dollars in sales commissions to local artists, who had previously been struggling to make ends meet. In addition, performing artists, who had been without work for approximately a year and a half, have been paid for their performances. Per longtime economic studies, local businesses benefit from the Tri-Lakes Center for the Arts events. It has been noted that before or after a concert event or gallery opening reception, local restaurants and stores realize an additional $25 per person in business sales. Neighboring Palmer Lake establishments readily acknowledge such benefits in conjunction with Tri-Lakes Center for the Arts artistic presentations.

Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

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 November 6, 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 June 2024.
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 January 1999.
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 November 4, 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.