The Maverick Observer

Private foundation · Grantmaker Colorado Springs, CO EIN: 85-0661267

The Maverick Observer is a private foundation focused on Arts, Culture & Humanities, based in Colorado Springs, CO. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2K in total assets. In 2025, it made $117K in qualifying distributions.

The Maverick Observer at a glance

Total assets
$2,203
-89.9% vs 2024
Revenue (2025)
$98,676
-79.9% vs 2024
Qualifying distributions (2025)
$116,779
-37.8% vs 2024
Expenses (2025)
$116,779
-37.8% vs 2024
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who The Maverick Observer funds

How this funder distributes its grants

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 4 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

DenverColorado Springs

How The Maverick Observer gives

  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$1K$2K$3K$4K1 grant2021 1 grant2022 2 grants2023 0 grants2024 0 grants2025

From 2021 to 2023, annual grant giving ranged from $889 (2023) to $4K (2021). In 2023 it made 2 grants totaling $889.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Westsidewatch Colorado Springs, COSupport Exempt Purpose$639
Colorado Freedom of Information COA Denver, COSupport Exempt Purpose$250
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsDistributable Amount
2025$2,203$98,676$116,779——$116,779$615
2024$21,794$490,649$187,661——$187,661$666
2023$5,239$708,399$301,046$8892$889$246
2022—$307,665$316,697$1,8001$1,800—
2021$9,032$368,598$365,608$3,6001$3,600$493

Under IRS private-foundation payout rules, The Maverick Observer reported a distributable amount of $615 for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Maverick Observer is led by Timothy Hoiles, President on every filing since 2021; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Timothy Hoiles

    President

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Lorene E. Hoiles

    Secretary

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Pamela E. McLeod

    Treasurer

    On filings since 2021

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Maverick Observer

How large is The Maverick Observer?

The Maverick Observer reported $2K in total assets on its 2025 IRS Form 990-PF. It paid out $117K in qualifying distributions that year, against a required minimum of $615 (roughly 5% of its investment assets).

What is The Maverick Observer?

The Maverick Observer is a private foundation focused on Arts, Culture & Humanities, based in Colorado Springs, CO. It holds $2K in total assets as of 2025.

Where does The Maverick Observer operate?

The Maverick Observer has awarded grants in Colorado.

What is The Maverick Observer's EIN?

The Maverick Observer's EIN (Employer Identification Number) is 85-0661267. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 16, 2022)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 4, 2024)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
  5. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  6. IRS filings on file for fiscal years 2021–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Maverick Observer's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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