The annual operating budget for TUF is just under $400,000. Almost 60% of our revenues come from class fees and fieldtrips. In addition, we get some funding from private foundations and through the Scientific and Cultural Facilities District. We do not get any government funding, nor do the homebuilders in Stapleton contribute financially to The Urban Farm. We are dependent upon personal and corporate contributions for more than $100,000 of our annual budget.
As of 2005, TUF has been designated as a Denver Enterprise Zone organization, and as such there are major advantages to individuals and businesses that make donations. Contributors get the standard use of itemization on IRS and state tax returns, but also get an additional direct 25% tax credit on Colorado state taxes owed for donations of $500.00 or more. In-kind donations of securities, land and goods valued at $1,000 or more receive a 12.5% state tax credit.
