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Nonprofit · EIN 84-1042289

ART STUDENTS LEAGUE OF DENVER

Tax-exempt · DENVER, CO 80203

Financials

$2.5M$2.4M2022$2.6M$2.7M2023$2.6M$2.6M2024
Revenue Expenses · by fiscal year end
Financials of ART STUDENTS LEAGUE OF DENVER by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$2,564,760$2,648,755-$83,995$2,135,103$513,619$1,621,484
August 31, 2024990$2,594,160$2,706,441-$112,281$2,099,761$377,427$1,722,334
August 31, 2023990$2,522,015$2,443,826$78,189$2,231,084$404,600$1,826,484
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$990,120
of which government grants
$334,357
Membership dues
$101,381
Program service revenue
$1,583,162
Investment income
-$8,822
Net gain from sales of assets
-$10,842
Other revenue
$300

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$182,177
Other salaries and wages
$1,316,820
Salaries, compensation and benefits (total)
$1,728,591
Professional fundraising fees
$20,580
Occupancy
$66,967
Travel
$81,477
Depreciation
$40,863
Program services (functional)
$2,202,718
Management and general (functional)
$302,177
Fundraising (functional)
$143,860

Balance sheet and other

Total assets, start of year
$2,099,761
Total assets, end of year
$2,135,103
Total liabilities, end of year
$513,619
Net assets, end of year
$1,621,484
Land, buildings and equipment
$680,842
Net assets without donor restrictions
$1,423,151
Net assets with donor restrictions
$198,333
Gross receipts
$2,575,602
Employees
212
Volunteers
123
Year formed
1986
State of legal domicile
CO

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended August 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
RACHEL BASYEEXECUTIVE DI
Officer
40$155,308$21,048
GERALDINE KIMPRESIDENT
Trustee or director, Officer
3$0$0
KEITH BURGESSVICE PRESIDE
Trustee or director, Officer
2$0$0
GRANT SPANNUTHTREASURER
Trustee or director, Officer
2$0$0
KATE DAVISSECRETARY
Trustee or director, Officer
2$0$0
KATHERINE ROONEYDIRECTOR/PAS
Trustee or director
1$0$0
MEREDITH BADLERDIRECTOR
Trustee or director
1$0$0
KENNETH BREWERDIRECTOR
Trustee or director
1$0$0
ERICA JACOBSONDIRECTOR
Trustee or director
1$0$0
ANNA MILLHOLLANDDIRECTOR
Trustee or director
1$0$0
TARA GARLANDDIRECTOR
Trustee or director
1$0$0
KARLA RAINESDIRECTOR
Trustee or director
1$0$0
JINHA SERVAISDIRECTOR
Trustee or director
1$0$0
VALERIE CLOVER CLARKDIRECTOR
Trustee or director
1$0$0
NEIL HAGENBROKDIRECTOR
Trustee or director
1$0$0
2 more people on this return
NameTitleHours / weekCompensation
PAM MCLAUGHLINDIRECTOR
Trustee or director
1$0
REN CANNONDIRECTOR
Trustee or director
1$0
990 for the year ended August 31, 2024: 20 people
NameTitleHours / weekCompensationOther / benefits
RACHEL BASYEEXECUTIVE DI
Officer
40$144,483$19,154
PAM MCLAUGHLINDIRECTOR
Trustee or director
1$6,467$0
DEB ROSENBAUMDIRECTOR
Trustee or director
1$5,427$0
KATHERINE ROONEYPRESIDENT
Trustee or director, Officer
3$0$0
GERALDINE KIMVICE PRESIDE
Trustee or director, Officer
2$0$0
GRANT SPANNUTHTREASURER
Trustee or director, Officer
2$0$0
KATE DAVISSECRETARY
Trustee or director, Officer
2$0$0
HARRY UTTERDIRECTOR
Trustee or director
1$0$0
MEREDITH BADLERDIRECTOR
Trustee or director
1$0$0
KENNETH BREWERDIRECTOR
Trustee or director
1$0$0
MIKAELA GIBSONDIRECTOR
Trustee or director
1$0$0
ERICA JACOBSONDIRECTOR
Trustee or director
1$0$0
MAHA KAMALDIRECTOR
Trustee or director
1$0$0
ANNA MILLHOLLANDDIRECTOR
Trustee or director
1$0$0
ROBERT SAVIDIRECTOR
Trustee or director
1$0$0
MARY VALDEZDIRECTOR
Trustee or director
1$0$0
KEITH BURGESSDIRECTOR
Trustee or director
1$0$0
JACOB FLEISCHMANDIRECTOR
Trustee or director
1$0$0
TARA GARLANDDIRECTOR
Trustee or director
1$0$0
KARLA RAINESDIRECTOR
Trustee or director
1$0$0
990 for the year ended August 31, 2023: 18 people
NameTitleHours / weekCompensationOther / benefits
RACHEL BASYEEXECUTIVE DI
Officer
40$123,354$17,173
PAM MCLAUGHLINDIRECTOR
Trustee or director
1$6,699$0
DEB ROSENBAUMDIRECTOR
Trustee or director
1$3,572$0
NANCY WALSHPRESIDENT
Trustee or director, Officer
3$0$0
KATHERINE ROONEYTREASURER
Trustee or director, Officer
2$0$0
HARRY UTTERSECRETARY
Trustee or director, Officer
2$0$0
MEREDITH BADLERDIRECTOR
Trustee or director
1$0$0
KENNETH BREWERDIRECTOR
Trustee or director
1$0$0
KATE DAVISDIRECTOR
Trustee or director
1$0$0
MIKAELA GIBSONDIRECTOR
Trustee or director
1$0$0
ERICA JACOBSONDIRECTOR
Trustee or director
1$0$0
MAHA KAMALDIRECTOR
Trustee or director
1$0$0
GERALDINE KIMDIRECTOR
Trustee or director
1$0$0
ANNA MILLHOLLANDDIRECTOR
Trustee or director
1$0$0
ROBERT SAVIDIRECTOR
Trustee or director
1$0$0
MARY VALDEZDIRECTOR
Trustee or director
1$0$0
GRANT SPANNUTHDIRECTOR
Trustee or director
1$0$0
KEITH BURGESSDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
200 N GRANT ST, DENVER, CO 80203-4020
In care of
% SARAH JAMES
Principal officer (990 for 2024)
RACHEL BASYE, 200 GRANT STREET, DENVER, CO 80203
Signed the 990
RACHEL BASYE, EXECUTIVE DIRECTOR
Phone
(303) 778-6990
Return prepared by
KUNDINGER CORDER & MONTOYA PC

Mission

ASLD OFFERS COURSES AND PROGRAMS THAT FOSTER GROWTH FOR ARTISTS AT EVERY LEVEL.

990 for the year ended August 31, 2025

Program accomplishments

  • ART COURSES: ASLD FOCUSES ON TEACHING THE FUNDAMENTALS OF THE VISUAL ARTS TO ANYONE INTERESTED IN STUDYING WITH NO REQUIREMENT OF BACKGROUND OR EXPERIENCE. THE TEACHING PHILOSOPHY IS THE ATELIER (MASTER/ APPRENTICE) METHOD. THE IMMERSION APPROACH PROVIDES STUDENTS THE OPPORTUNITY TO WORK SIDE BY SIDE WITH A MASTER ARTIST IN THE STUDIO. WHEN ASLD FIRST OPENED, IT EMPLOYED ONLY A HANDFUL OF ARTISTS WHO TAUGHT FEWER THAN 100 STUDENTS. CURRENTLY WE EMPLOY MORE THAN 100 PROFESSIONAL ARTISTS SERVING APPROXIMATELY 800 STUDENTS PER MONTH. WE OFFER MORE THAN 400 HANDS ON WORKSHOPS, CLASSES, LECTURES AND YOUTH COURSES.
    Expenses $1,878,375 · revenue $1,202,155
  • SUMMER ART MARKET: SUMMER ART MARKET (SAM) IS ASLD'S ANNUAL OUTDOOR STREET FAIR, HELD SINCE 1992. THE EVENT SHOWCASES ALMOST 300 LOCAL ARTISTS, ALL OF WHOM ARE PART OF THE ASLD COMMUNITY, AS FACULTY, STUDENTS AND MEMBERS. EACH YEAR, 10,000 PEOPLE ATTEND, COMPRISING A LOYAL BASE OF COLLECTORS, DONORS, SPONSORS AND MEMBERS OF THE PUBLIC. IT HAS WIDELY BEEN CALLED THE BEST ART MARKET IN ALL OF COLORADO. ASLD MAKES NO MONEY FROM THE SALE OF ART, BUT DOES RAISE FUNDS THROUGH BOOTH RENTAL FEES, AND FOOD AND BEVERAGE SALES AT THE EVENT. EXPENSES INCLUDE EVENT PLANNERS, LICENSES, ENTERTAINMENT, SUPPLIES, MARKETING, SECURITY, AND OTHER INFRASTRUCTURE FOR THE EVENT ITSELF.
    Expenses $104,600 · revenue $172,847
  • OTHER PROGRAMS: OVER THE PAST FEW YEARS, ASLD HAS PURSUED PARTNERSHIPS WITH A VARIETY OF COMMUNITY ORGANIZATIONS TO PROVIDE ART EXPERIENCES TO INDIVIDUALS WHO MAY NOT OTHERWISE HAVE THE OPPORTUNITY. SOME OF THESE PARTNERSHIPS INCLUDE THE DENVER PUBLIC LIBRARY, WHERE ASLD FACULTY ARTISTS TEACH HANDS-ON ART WORKSHOPS IN LIBRARIES TO INTERGENERATIONAL AUDIENCES; JEFFERSON COUNTY SCHOOLS, WHERE FACULTY TEACH ART TEACHERS STUDIO TECHNIQUES; AND WITH A VARIETY OF OTHER ART ORGANIZATIONS TO OFFER JOINT PROGRAMMING. REVENUE FOR THESE PROGRAMS COMES FROM A COMBINATION OF GRANTS AND REGISTRATION FEES. EXPENSES INCLUDE WAGES AND SUPPLIES. ASLD HOSTS A VARIETY OF EXHIBITIONS AT OUR HISTORIC GRANT STREET BUILDING AND IN PARTNERSHIP WITH VARIOUS CREATIVE SPACES THROUGHOUT THE COMMUNITY. REPRESENTING THE DIVERSITY OF THE THRIVING DENVER ARTS COMMUNITY, OUR EXHIBITIONS ALSO PROVIDE AN OPPORTUNITY TO EXAMINE CURRENT TRENDS AND PURCHASE ORIGINAL FINE ART FROM FACULTY, STUDENTS AND CELEBRATED ARTISTS FROM ACROSS THE U.S. EACH YEAR, THE VISITING ARTIST SERIES BRINGS SEVERAL NOTABLE ARTISTS TO ASLD TO TEACH MASTER CLASSES, WHICH SUPPLEMENT EXISTING ONGOING CLASSES AND WORKSHOPS. THIS EXTRAORDINARY OPPORTUNITY ALLOWS STUDENTS AND ARTISTS FROM THE COMMUNITY TO WORK AND LEARN FROM SOME OF TODAY'S MOST SIGNIFICANT WORKING ARTISTS.
    Expenses $219,743 · revenue $208,160

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
84-1042289
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1992
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,135,103
Income (IRS master file)
$2,575,602

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$2,564,760$2,648,755$2,135,103XML
990August 2024$2,594,160$2,706,441$2,099,761XML
990August 2023$2,522,015$2,443,826$2,231,084XML
990August 2022–––IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-1042289).

Questions about ART STUDENTS LEAGUE OF DENVER

What is the EIN of ART STUDENTS LEAGUE OF DENVER?
The employer identification number (EIN) of ART STUDENTS LEAGUE OF DENVER is 84-1042289.
Is ART STUDENTS LEAGUE OF DENVER tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to ART STUDENTS LEAGUE OF DENVER tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ART STUDENTS LEAGUE OF DENVER file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ART STUDENTS LEAGUE OF DENVER due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ART STUDENTS LEAGUE OF DENVER last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of ART STUDENTS LEAGUE OF DENVER?
The 990 for the year ended August 31, 2025 names RACHEL BASYE.
Who are the officers and directors of ART STUDENTS LEAGUE OF DENVER?
The 990 for the year ended August 31, 2025 lists 17 people; 1 received compensation from the organization, the highest $155,308 (RACHEL BASYE, EXECUTIVE DI).
How much revenue does ART STUDENTS LEAGUE OF DENVER have?
On its 990 for the year ended August 31, 2025 it reported revenue of $2,564,760, expenses of $2,648,755 and total assets of $2,135,103 at year end.

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