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The Colorado Springs Fine Arts Center is painting a vibrant economic picture. While other nonprofits have struggled during the financial downturn, for the third consecutive year the Colorado Springs Fine Arts Center has surpassed its own revenue record, even while paying down major debt. FAC officials attribute the increase in revenue to vigorous grant writing… Continue Reading Fresh palette of events sustaining Fine Arts Center

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The El Pomar Foundation celebrated its 10,000th grant with a $150,000 gift to the Colorado Springs Fine Arts Center today. The grant will go toward general operating support. Julie Penrose, who established El Pomar with her husband Spencer Penrose, was one of  the founders of the Fine Arts Center. “It is fitting that the foundation’s… Continue Reading El Pomar awards 10,000th grant with FAC gift

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By Rebecca Tonn Thousands of some of Colorado’s smallest nonprofits could soon lose their tax-exempt status unless they file their annual 990 financial statement with the IRS. The first wave of 990s are due May 15. Many are expected to miss the deadline. That’s because smaller nonprofits aren’t accustomed to filing the forms, although the… Continue Reading Nonprofits face looming deadline to file financials

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Greccio Housing, a nonprofit organization that provides affordable housing for low-income or at-risk families and individuals, received a $30,000 grant from the El Pomar Foundation this week. The grant will be paid over a two year period. Greccio owns or manages 351 apartment units on 17 properties. The nonprofit organization has doubled in size over… Continue Reading Greccio Housing receives El Pomar Foundation grant

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United Way: Giving lower in Springs

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El Paso and Teller county residents give at a lower rate to the local United Way than many other Coloradans do to their chapters of the charity. Per-capita giving in Colorado to United Way is $13.06, but the Pikes Peak United Way receives just $9.25 per-capita. Residents of the Denver and Fort Collins areas give… Continue Reading United Way: Giving lower in Springs

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A new frontier for Pioneers Museum

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For decades, the financially strapped Pioneers Museum has been one of the city’s crown jewels, an institution owned and largely funded by city taxpayers.

With public dollars dwindling, that may be about to change. Continue Reading A new frontier for Pioneers Museum

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