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Colorado · Nonprofit

40 WEST ARTS INC

40 WEST ARTS INC (Colorado) receives grants from 5 organizations whose IRS filings report $421,819 to it, the largest being COLORADO GIVES FOUNDATION ($325,147). 3 of them have funded it in more than one year, and 77% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$323k
Funders on record
5
Grants received
$422k
Net assets
$51k
3/5 repeat fundersgrants exceed reported revenue in one year
01What it does

What 40 West Arts Inc does

Mission

Vision: The re-emergence of Lakewoods historic West Colfax corridor as a vibrant creative corridor and a memorable destination. Mission: To enrich the community and enhance the creative cultural and economic vitality of the historic West Colfax corridor by creating community arts spaces and community arts events and by supporting creative enterprises experiences and activities in the district. Values: To be an inclusive organization with a commitment to creativity that inspires artistic experimentation for both the novice and professional and supports and expands the creative cultural entrepreneurial economic and physical vitality of our community.

As stated on its FY2025 Form 990.

Programs

  1. 40 West Connects Program provides free arts and culture programming to the surrounding community including our ever-popular Summer Youth Camps. Lakewood West Colfax is historically a corridor that has been underserved by the arts. 40 West Connects program ensures that arts and creative activities are brought to the areas and people that need it the most. These free activities including the youth camps provided by this program would not be possible without our many productive partnerships including those with our many artists members Colorados SCFD Colorado Creative Industries Xcel Energy Foundation the Colorado Gives Foundation formerly Community First Foundation the Lakewood-West Colfax BID West Colfax Community Association and our ongoing partnership with the City of Lakewood. 40 West Connects partners with our local housing authority seniors centers and local schools to provide ongoing free programming to serve youth seniors and families through our many volunteers and Artists in Residence Program.

    $135,000 spentof which $55,000 as grants
    44% of program spending
  2. The 40 West ArtLine is a 4-mile walking and biking arts experience in the heart of the State-Certified 40 West Arts Creative District near historic West Colfax Avenue and the RTD W Line in Lakewood Colorado. Today it includes 70+ art installations. This free outdoor gallery experience follows sidewalks bike and park paths and local streets and can be visited in sections or in its entirety. Supported by a major grant from the National Endowment for the Arts and ongoing support from the City of Lakewood and the Lakewood-W. Colfax BID the ArtLine launched in 2018 after years of planning and is envisioned to eventually become the longest continuous arts experience in Colorado. With the most NEA grant in partnership with the City of Lakewood we in process of planning new or refreshed art installations along the ArtLine.

    $90,150 spentof which $25,000 as grants
    30% of program spending
  3. 40 West Arts First Friday exhibitions and Colfax Art Crawls are districtwide events in which our creative venues host free exhibitions demos classes and hands-on make-and-take activities. Every quarter the district enhances this program with a diverse array of live entertainment and activities throughout the district. The exhibitions and accompanying family friendly activities are open to the public and always free of charge.

    $80,105 spentof which $25,000 as grants
    26% of program spending
  4. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $305,255.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 100 ($167k) Expenses 100 ($192k) Net assets 100 ($80k)2022 Revenue 339 ($566k) Expenses 247 ($475k) Net assets 213 ($170k)2023 Revenue 182 ($304k) Expenses 160 ($307k) Net assets 212 ($169k)2024 Revenue 169 ($281k) Expenses 184 ($355k) Net assets 113 ($90k)2025 Revenue 193 ($323k) Expenses 187 ($359k) Net assets 63 ($51k)
20212022202320242025
Revenue (193)Expenses (187)Net assets (63)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $80k to $170k (+113%).

$80k
$170k
$169k
$90k
$51k
20212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 64% · 2023 35% · 2024 46% · 2025 77%. Grants only. Government contracts and fees sit inside program revenue.

100% of 40 WEST ARTS INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (64% for the typical peer).

This organization
Typical peer · 19,618 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 5 reported years ran a deficit.

−$25k
’21
$90k
’22
−$3k
’23
−$74k
’24
−$37k
’25
1.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

William Marino

Board Chair

As listed on its FY2025 Form 990.

2022202320242025
Listed7788
Joined·+0+3+0
No longer listed·020
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $28k → $50k.

2 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 77% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of 40 WEST ARTS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

40 WEST ARTS INC leans on a few funders — its largest provides 77% of grant income and the top three 99%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

77% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund 40 WEST ARTS INC.

77%
largest funder
99%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 63% · 2021 80% · 2022 83% · 2023 80% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

77% of 40 WEST ARTS INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $97k that is directly attributable, 69% of it comes from funders outside Colorado, across 3 states.

MN
CO
MO

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
Colorado out of state home

Funder states come from each funder’s own filing. $325k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

40 WEST ARTS INC has grown faster than half of the 12,262 arts & culture nonprofits its size.

Operating margin−11% · bottom quartile
Months of reserve1.7mo · bottom quartile
Revenue growth (annualized)18% · above the median

this organization peer median middle 50% of peers· 12,262 arts & culture nonprofits $100k–$1M, FY2025

Organizations like 40 WEST ARTS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Colorado

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CO

Screen this organization

A dated, signed PDF of the compliance screen for 40 WEST ARTS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds 40 WEST ARTS INC?
40 WEST ARTS INC (Colorado) receives grants from 5 organizations whose IRS filings report $421,819 to it, the largest being COLORADO GIVES FOUNDATION ($325,147). 3 of them have funded it in more than one year, and 77% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does 40 WEST ARTS INC have?
IRS filings report 5 organizations giving $421,819 in grants to 40 WEST ARTS INC, 3 of which have funded it in more than one year.
Who is the largest funder of 40 WEST ARTS INC?
COLORADO GIVES FOUNDATION is the largest funder on record, with $325,147 in grants. The full list of funders is on this page.
How can an organization like 40 WEST ARTS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds 40 West Arts →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing