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Colorado · Nonprofit

COLORADO SPRINGS WORLD ARENA

COLORADO SPRINGS WORLD ARENA (Colorado) receives grants from 4 organizations whose IRS filings report $90,000 to it, the largest being Exponential Impact ($50,000). 0 of them have funded it in more than one year.

Revenue FY2024
$8.1M
Funders on record
4
Grants received
$90k
Net assets
$35M
0/4 repeat funderspeak grant-dependency 1%
01What it does

What Colorado Springs World Arena does

Mission

The Colorado Springs World Arena was organized to lessen the burdens of the city of colorado springs for the planning, design, construction, financing, development, ownership and operation of a multi-purpose public facility that could be used for a variety of sporting events, including basketball, ice skating, ice hockey and other activities and events held by sports organizations, educational institutions and the general public. In 2004, the Colorado Springs World Arena assumed management of the pikes peak center, which is a multi-purpose building owned by el paso county and used for cultural, community and performance arts events

As stated on its FY2024 Form 990.

Programs

  1. Operation and maintenance of the Colorado Springs World Arena and ice hall.

    $5,672,806 spent$4,948,807 earned by the program
    81% of program spending
  2. Operation and maintenance of the pikes peak center.

    $1,309,602 spent$2,526,131 earned by the program
    19% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $6,982,408.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($5.6M) Expenses 100 ($7.1M) Net assets 100 ($33M)2018 Revenue 103 ($5.8M) Expenses 101 ($7.2M) Net assets 96 ($31M)2019 Revenue 104 ($5.8M) Expenses 101 ($7.2M) Net assets 92 ($30M)2020 Revenue 40 ($2.2M) Expenses 73 ($5.2M) Net assets 83 ($27M)2021 Revenue 204 ($11M) Expenses 83 ($5.9M) Net assets 99 ($33M)2022 Revenue 161 ($9.0M) Expenses 108 ($7.7M) Net assets 103 ($34M)2023 Revenue 139 ($7.7M) Expenses 109 ($7.7M) Net assets 103 ($34M)2024 Revenue 144 ($8.1M) Expenses 102 ($7.2M) Net assets 106 ($35M)
'17'18'19'20'21'22'23'24
Revenue (144)Expenses (102)Net assets (106)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 $32M to $38M (+22%).

$37M
$38M
$36M
$32M
$38M
$40M
$43M
$41M
'17'18'19'20'21'22'23'24
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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 59% · 2022 23%. Grants only. Government contracts and fees sit inside program revenue.

0% of COLORADO SPRINGS WORLD ARENA’s revenue is contributions — more earned-revenue than three-quarters of its peers (88% for the typical peer).

This organization
Typical peer · 1,090 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

−$1.5M
’17
−$1.4M
’18
−$1.4M
’19
−$2.9M
’20
$5.5M
’21
$1.3M
’22
−$11k
’23
$814k
’24
5.0
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

Peter Susemihl

Chairman

As listed on its FY2024 Form 990.

2017201820192020202120222024
Listed22242322192117
Joined·+2+5+1+4+2·
No longer listed·06270·
03Who funds it

Who funds it, year by year

2017 → 2022: the base narrowed from 2 funders to 1 funder, grant income rose $35k → $50k.

Funder
'17
'20
'22
total
Exponential Impactunclassified
$50k
Theater League Incunclassified
$5k
funders
2
1
1

Left out of every figure on this page: $861k from 3 payers (the payer shares this organization's board, largest El Pomar Foundation). These are real filings, and they are not money COLORADO SPRINGS WORLD ARENA raised.

From the IRS filings of COLORADO SPRINGS WORLD ARENA’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 SPRINGS WORLD ARENA leans on a few funders — its largest provides 56% of grant income and the top three 94%; half comes from just 1 funder.

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

61% 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 SPRINGS WORLD ARENA.

56%
largest funder
94%
top three
~2
effective funders

Largest funder’s share by year: 2017 71% · 2020 100% · 2022 100% — growing more concentrated.

“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

94% of COLORADO SPRINGS WORLD ARENA's grant income comes from Colorado funders.

CO
MO

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

’17
’20
’22
Colorado out of state home

Funder states come from each funder’s own filing. 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 SPRINGS WORLD ARENA runs a healthier operating margin than half of the 1,003 public benefit nonprofits its size.

Operating margin10% · above the median
Months of reserve5.0mo · below the median
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 1,003 public benefit nonprofits $1M–$10M, FY2024

Government funding COLORADO SPRINGS WORLD ARENA receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $615k on record.

Federal$615k
grants $0contracts $615k
17
18
19
21
22
23
24
25
26
Top agencies
  • Department of Defense$615k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like COLORADO SPRINGS WORLD ARENA

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

96% of spending goes to programs.

Program 96%Management 3%Fundraising 0%

Governance

17
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

80%

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

Screen this organization

A dated, signed PDF of the compliance screen for COLORADO SPRINGS WORLD ARENA: 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.

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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 SPRINGS WORLD ARENA?
COLORADO SPRINGS WORLD ARENA (Colorado) receives grants from 4 organizations whose IRS filings report $90,000 to it, the largest being Exponential Impact ($50,000). 0 of them have funded it in more than one year.
How many funders does COLORADO SPRINGS WORLD ARENA have?
IRS filings report 4 organizations giving $90,000 in grants to COLORADO SPRINGS WORLD ARENA.
Who is the largest funder of COLORADO SPRINGS WORLD ARENA?
Exponential Impact is the largest funder on record, with $50,000 in grants. The full list of funders is on this page.
How can an organization like COLORADO SPRINGS WORLD ARENA 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), 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