Rainbow is a privately owned dam located in El Paso, Colorado, near Colorado Springs. Built in 1930, the dam's primary purpose is recreation, offering visitors a chance to enjoy the scenic beauty of South Beaver Creek. With a height of 26 feet and a length of 88 feet, Rainbow has a storage capacity of 156 acre-feet and a drainage area of 5 square miles.

Despite being classified as having a low hazard potential and a satisfactory condition assessment, Rainbow is subject to state regulations and inspections to ensure its continued safety and functionality. The dam features an uncontrolled spillway with a width of 40 feet, capable of handling a maximum discharge of 2140 cubic feet per second. The dam is situated within the jurisdiction of the Colorado Department of Water Resources, offering enthusiasts the opportunity to witness both the engineering marvel of the structure and the natural beauty that surrounds it.

Overall, Rainbow Dam presents a moderate risk level, with a risk assessment rating of 3 out of 5. While the dam has not been significantly modified since its completion, regular inspections are conducted to maintain its safety standards. With its picturesque location and recreational opportunities, Rainbow serves as a testament to the harmonious coexistence of water resource management and environmental stewardship in the state of Colorado.