Colorado · Nonprofit
FRIENDS OF THE MAJESTIC
FRIENDS OF THE MAJESTIC (Colorado) receives grants from 7 organizations whose IRS filings report $54,700 to it, the largest being THE AYCO CHARITABLE FOUNDATION ($26,000). 1 of them have funded it in more than one year, and 59% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $637k
- Funders on record
- 7
- Grants received
- $55k
- Net assets
- $71k
What Friends of the Majestic does
Mission
The majestic theatre serves to entertain, educate, and inspire the gunnison valley through new movies, local films, community events and collaborations. We harness the power of movies to provide an escape or a learning experience for all members of the gunnison valley. By creating more opportunity for local events, the majestic operates as an essential community resource
As stated on its FY2025 Form 990.
Programs
The organization serves to entertain, educate, and inspire the gunnison valley through new movies, local films, community events and collaborations
$533,099 spent$585,376 earned by the program100% of program spendingN/a
N/a
The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $533,099.
The organization over time
Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $206k to $113k (−45%).
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.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 4 reported years ran a deficit.
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
Carolyn Wallace
Executive director
As listed on its FY2025 Form 990.
Who funds it, year by year
2022 → 2023: the base narrowed from 4 funders to 3 funders, grant income fell $41k → $12k.
2 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 59% 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 FRIENDS OF THE MAJESTIC’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
FRIENDS OF THE MAJESTIC leans on a few funders — its largest provides 48% of grant income and the top three 78%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
59% 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 FRIENDS OF THE MAJESTIC.
Largest funder’s share by year: 2022 63% · 2023 54% — 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
59% of FRIENDS OF THE MAJESTIC'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 $22k that is directly attributable, 92% of it comes from funders outside Colorado, across 5 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $33k 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.
Organizations like FRIENDS OF THE MAJESTIC
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
80% of spending goes to programs.
Governance
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
Screen this organization
A dated, signed PDF of the compliance screen for FRIENDS OF THE MAJESTIC: 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.
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 FRIENDS OF THE MAJESTIC?
- FRIENDS OF THE MAJESTIC (Colorado) receives grants from 7 organizations whose IRS filings report $54,700 to it, the largest being THE AYCO CHARITABLE FOUNDATION ($26,000). 1 of them have funded it in more than one year, and 59% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does FRIENDS OF THE MAJESTIC have?
- IRS filings report 7 organizations giving $54,700 in grants to FRIENDS OF THE MAJESTIC, 1 of which have funded it in more than one year.
- Who is the largest funder of FRIENDS OF THE MAJESTIC?
- THE AYCO CHARITABLE FOUNDATION is the largest funder on record, with $26,000 in grants. The full list of funders is on this page.
- How can an organization like FRIENDS OF THE MAJESTIC 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 Friends of the Majestic →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2022–2025), and the filings of 7 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