Colorado Afro Latin Dance and Arts Collective
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
COLORADO AFRO LATIN DANCE AND ARTS COLLECTIVE (CALDAC) IS DEDICATED TO THE PROMOTION, EDUCATION, AND PRESERVATION OF LATINX AND AFRO CARIBBEAN CULTURE THROUGH THE ARTS IN COLORADO. (CONTINUED ON SCHEDULE O.)
- Income
- $289,012
- Spending
- $337,957
- Spent on programs
- 92%
- Reserves
- -7.5 months of spending
- Largest source of income
- fees for its services, 94%
- Employees
- 0
- Volunteers
- 45
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 30 out of 100. Higher than 4% of charities in its peer group (arts and culture, $250k to $1m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 656% of what it owns.
Living within its means
0 of 15Spending exceeded income by 17% of income.
Income trend
15 of 15Income rose 17% on the year before.
Spending floor
15 of 1592% of spending went to programs and raising each dollar of donations cost 18 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 47 out of 100. Higher than 14% of charities in its peer group (arts and culture, $250k to $1m).
Independent board
18 of 253 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.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
0 of 10Reports at least one of: diversion of assets, excess benefits, loans to insiders.
Source: Form 990 for the year ending December 31, 2024, 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)
- $310,231 spent. EACH YEAR, COLORADO AFRO LATIN DANCE AND ARTS COLLECTIVE (CALDAC) HOSTS A WORLD-RENOWNED, FOUR-DAY CULTURAL FESTIVAL FEATURING OVER 200 DANCE WORKSHOPS, INSTRUCTOR CERTIFICATION PROGRAMS, DANCE PERFORMANCES, AND LIVE LATINX AND AFRO CARIBBEAN MUSIC IN AURORA, COLORADO. CALDAC CREATES EQUITABLE SPACES THAT EMBRACE ALL PEOPLE OF DIFFERENT ORIENTATIONS AND DIFFERENT BACKGROUNDS TO ENGAGE IN ACCESSIBLE AND EDUCATIONAL LATINX AND AFRO CARIBBEAN CULTURE THROUGH THE ARTS. CALDAC PREDOMINANTLY SERVES THE CITIES OF AURORA AND DENVER, INCLUDING THE SURROUNDING COUNTIES OF ADAMS, ARAPAHOE, DENVER, DOUGLAS AND JEFFERSON. ATTENDEES, PERFORMERS AND ARTISTS INCLUDE, BUT NOT LIMITED TO, A BROAD POPULATION OF THE AFRICAN, LATINX AND ASIANS DISPORA OF ALL AGES AND INCOME LEVELS. THROUGH DANCE PERFORMANCES, OUTREACH ACTIVITIES, AND SOCIAL MEDIA CONNECTIONS, CALDAC WAS ABLE TO COLLECTIVELY HOST APPROXIMATELY 2,000 PEOPLE AT THE CALDAC EVENT IN 2024. CURRENTLY, CALDAC HAS APPROXIMATELY 5,200 FOLLOWERS ON FACEBOOK, 3,000 FOLLOWERS ON INSTAGRAM, 200 SUBSCRIBERS ON YOU TUBE, AND AN AVERAGE OF 1,750 WEBSITE VISITS EACH MONTH.
Source: Form 990 for the year ending December 31, 2024, 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 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 July 2022.
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.