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Colorado · Nonprofit

COLORADO FINE ARTS ASSOCIATION

COLORADO FINE ARTS ASSOCIATION (Colorado) receives grants from 4 organizations whose IRS filings report $273,985 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($149,164). 4 of them have funded it in more than one year, and 54% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$263k
Funders on record
4
Grants received
$274k
Net assets
$441k
4/4 repeat funderspeak grant-dependency 61%
01What it does

What Colorado Fine Arts Association does

Mission

The Colorado Fine Arts Association CFAA is a 501c3 nonprofit dedicated to preserving presenting and promoting the classical performing arts of India and the rest of South Asia including Carnatic music Hindustani music and classical dance for diverse audiences across Colorado.

As stated on its FY2025 Form 990.

Programs

  1. Hariharan in Concert 2025: CFAA presented Padma Shri Hariharan one of Indias most accomplished classical and ghazal vocalists and a celebrated playback singer in a major concert event in 2025. The concert featured a blend of Hindustani classical compositions and Indian devotional music performed with accompanying instrumentalists from India and the United States. The event drew a large multi-generational audience from across the Denver metro area and beyond expanding CFAAs reach into the broader South Asian community while remaining grounded in classical music traditions. As CFAAs flagship 2025 event it generated meaningful program service revenue and attracted new patrons to the organizations regular classical programming.

    $50,245 spent$33,592 earned by the program
    24% of program spending
  2. Ranjani-Gayathri in Concert 2025: CFAA presented the celebrated Carnatic vocal duo Ranjani and Gayathri two of the most respected classical Carnatic musicians performing today. Known for their exceptional vocal technique deep grounding in Carnatic tradition and signature renditions of devotional and classical compositions the sisters delivered a major Carnatic music concert to Colorado audiences. The event served CFAAs core mission of preserving and promoting classical Indian performing arts and engaged dedicated patrons of Carnatic music as well as newer audiences seeking authentic classical traditions.

    $27,771 spent$3,900 earned by the program
    13% of program spending
  3. Sanjay Subrahmanyan in Concert 2025: CFAA presented Sangita Kalanidhi Sanjay Subrahmanyan one of the most acclaimed Carnatic vocalists of his generation in a major classical concert. Recognized with the Madras Music Academys highest honor and celebrated for his masterful command of traditional Carnatic repertoire his innovative concert formats and his deep scholarly engagement with the music Sanjay delivered a full Carnatic kacheri to Colorado audiences. The concert featured classical compositions across the Carnatic canon performed with traditional accompaniment on violin and mridangam drawing dedicated patrons of Carnatic music from across the Denver metro area and surrounding regions. The event reflected CFAAs core mission of presenting the highest caliber of classical Indian performing arts to North American audiences and stood as one of the organizations flagship Carnatic offerings of 2025.

    $26,175 spent$5,847 earned by the program
    13% of program spending
  4. Other Classical Performing Arts Programs 2025: Throughout fiscal year 2025 CFAA presented an additional series of classical music and dance programs across Colorado each contributing to the organizations mission of preserving presenting and promoting the classical performing arts of India and South Asia. These included: Kalyana Srinivasam A devotional Carnatic music presentation Yavanika A classical Indian dance program CFAA Itihasa A heritage and educational program celebrating CFAAs history and the continuum of classical arts tradition The Golden Road A bridge program connecting classical traditions to contemporary North American audiences Dikshithar 250 A commemorative program marking the 250th birth anniversary of Muthuswami Dikshitar one of the Trinity of Carnatic music VK Arunkumar A classical Carnatic vocal concert RMTU 2025 A musical training and educational engagement program Vasantha Utsav A classical Indian music and dance festival event Natyang Nritasala A classical Indian dance program

    $103,009 spent$1,149 earned by the program
    50% of program spending

The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $207,200.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 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 = 20202020 Revenue 100 ($112k) Expenses 100 ($76k) Net assets 100 ($212k)2021 Revenue 143 ($159k) Expenses 34 ($26k) Net assets 163 ($345k)2022 Revenue 148 ($165k) Expenses 194 ($148k) Net assets 174 ($368k)2023 Revenue 99 ($111k) Expenses 141 ($108k) Net assets 175 ($371k)2024 Revenue 114 ($127k) Expenses 143 ($109k) Net assets 184 ($389k)2025 Revenue 236 ($263k) Expenses 281 ($214k) Net assets 208 ($441k)
202020212022202320242025
Revenue (236)Expenses (281)Net assets (208)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 2020 to 2021, from $212k to $345k (+63%).

$212k
$345k
$368k
$373k
$389k
$444k
202020212022202320242025
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.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 0% · 2025 27%. Grants only. Government contracts and fees sit inside program revenue.

81% of COLORADO FINE ARTS ASSOCIATION’s revenue is contributions — more donation-reliant than the typical peer (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 6 reported years ran a deficit.

$35k
’20
$133k
’21
$17k
’22
$3k
’23
$18k
’24
$48k
’25
25
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.

Chief executive

Ajay Chankramath

Executive Director and President

As listed on its FY2025 Form 990.

20202025
Listed55
Joined··
No longer listed··
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 3 funders, grant income rose $17k → $68k.

Funder
'20
'21
'22
'23
'24*
'25*
total
$92k
funders
3
2
2
3
1
2

2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 54% 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 COLORADO FINE ARTS ASSOCIATION’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

COLORADO FINE ARTS ASSOCIATION leans on a few funders — its largest provides 54% of grant income and the top three 100%; half comes from just 1 funder.

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

88% 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 COLORADO FINE ARTS ASSOCIATION.

54%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2020 70% · 2021 100% · 2022 100% · 2023 63% — 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

54% of COLORADO FINE ARTS ASSOCIATION'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 $125k that is directly attributable, 100% of it comes from Colorado funders.

CO

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

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

Funder states come from each funder’s own filing. $149k 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

COLORADO FINE ARTS ASSOCIATION holds deeper cash reserves than three-quarters of the 11,634 arts & culture nonprofits its size.

Operating margin18% · above the median
Months of reserve24.9mo · top quartile
Revenue growth (annualized)19% · above the median

this organization peer median middle 50% of peers· 11,634 arts & culture nonprofits $100k–$1M, FY2025

Organizations like COLORADO FINE ARTS ASSOCIATION

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

97% of spending goes to programs.

Program 97%Management 3%Fundraising 1%

Governance

5
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

99%

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 COLORADO FINE ARTS ASSOCIATION: 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 COLORADO FINE ARTS ASSOCIATION?
COLORADO FINE ARTS ASSOCIATION (Colorado) receives grants from 4 organizations whose IRS filings report $273,985 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($149,164). 4 of them have funded it in more than one year, and 54% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does COLORADO FINE ARTS ASSOCIATION have?
IRS filings report 4 organizations giving $273,985 in grants to COLORADO FINE ARTS ASSOCIATION, 4 of which have funded it in more than one year.
Who is the largest funder of COLORADO FINE ARTS ASSOCIATION?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $149,164 in grants. The full list of funders is on this page.
How can an organization like COLORADO FINE ARTS ASSOCIATION 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 Colorado Fine Arts Association →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 4 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 14, 2026. What this page cannot tell you · view filing