2023-11-10T15:05:10-06:00 2022-12-31 BDO USA 200 PARK AVENUE 38TH FLOOR NEW YORK NY 10166 990 2022-01-01 237034152 GRAND TETON MUSIC FESTIVAL INC % STEFFAN LARSON GRAN 3077333050 PO BOX 9117 JACKSON WY 83002 EMMA KAIL PRESIDENT & CEO 3077333050 2023-11-10 true EMMA KAIL 999009999 Paul Hammerschmidt P01384178 2128858000 2 2022 2023-04-26 12:10:37Z Emma Kail PO BOX 9117 JACKSON WY 83002 7085255 false X www.gtmf.org X 1961 WY engage, entertain, educate & inspire our resident & seasonal communities thru exhilarating musical experiences of orchestral, chamber & solo performances by world-class artists. 23 23 24 130 0 0 3822116 3282333 1101411 889086 3320150 160513 534451 242618 8778128 4574550 0 0 0 0 1022073 1219363 53397 12000 549162 3374271 4511641 4449741 5743004 4328387 -1168454 21966338 19666375 974037 1508705 20992301 18157670 X OUR MISSION IS TO ENGAGE, ENTERTAIN, EDUCATE, AND INSPIRE OUR RESIDENT AND SEASONAL COMMUNITIES THROUGH EXHILARATING MUSICAL EXPERIENCES. WE FEATURE ORCHESTRAL, CHAMBER, AND SOLO PERFORMANCES OF PRIMARILY CLASSICAL MUSIC BY WORLD-CLASS ARTISTS, AND WE FOSTER A CULTURE THAT DRAWS OUTSTANDING MUSICIANS TO JACKSON HOLE IN SUPPORT OF THIS MISSION. false false 3931084 0 889086 GTMF shared exhilarating musical experiences with 20,000audience members through presentations of Symphonic, Chamber and Non-Classical music performances in Walk Festival Hall. In addition, GTMF produced40+free musical experiences for audiences of all ages at20+locations in the local community. 296228 0 242618 Housing for musicians during summer season. 4227312 true true false false false false false false false true true false false false true true false true false false false false false false true false false false false true false false false false false false false false true false false false true false false false false true 322 0 true 24 true false false false false false true true false false false false false false X 23 23 false false false false false false false true true false false true true true true true true true false false X X X STEFFAN LARSON 3077333050 175 SOUTH KING STREET SUITE 200 JACKSON WY 83001 EMMA KAIL EXECUTIVE DIRECTOR 60.0 0.0 X 241289 0 38791 DONALD RUNNICLES MUSIC DIRECTOR 15.0 0.0 X 226000 0 0 TIM DODGE DIRECTOR OF DEVELOPMENT 50.0 0.0 X 145000 0 24588 JEFF COUNTS GENERAL MANAGER 50.0 0.0 X 142616 0 7008 STEFFAN LARSON DIRECTOR OF FINANCE AND ADMIN. 40.0 0.0 X 118103 0 18795 JOHN COSTELLO CO-CHAIRMAN 5.0 0.0 X X 0 0 0 BARBARA MCCELVEY CO-CHAIRMAN 5.0 0.0 X X 0 0 0 DAVID DONOVAN VICE-CHAIR 5.0 0.0 X X 0 0 0 PHILIP SHERRINGHAM TREASURER 5.0 0.0 X X 0 0 0 MATT LUSINS SECRETARY 5.0 0.0 X X 0 0 0 LYNN FLEISHER Auxiliary President 1.0 0.0 X X 0 0 0 MADELINE ADKINS DIRECTOR (EFF. 8/22) 1.0 0.0 X 0 0 0 KATHERINE BROOKS DIRECTOR 1.0 0.0 X 0 0 0 CHIARA KINGSLEY DIEGUEZ DIRECTOR (eff. 8/22) 1.0 0.0 X 0 0 0 NATALIE CLARK DIRECTOR 1.0 0.0 X 0 0 0 PETER FENTON DIRECTOR 1.0 0.0 X 0 0 0 GARY HARVEY DIRECTOR 1.0 0.0 X 0 0 0 DONALD LARSON DIRECTOR 1.0 0.0 X 0 0 0 DANIEL LAUFER DIRECTOR (THRU 8/22) 1.0 0.0 X 0 0 0 LAURENTIUS MARAIS DIRECTOR 1.0 0.0 X 0 0 0 SUZANNE JIN MESINOGLU DIRECTOR 1.0 0.0 X 0 0 0 JACK SELBY DIRECTOR 1.0 0.0 X 0 0 0 ROBERT SPETZLER DIRECTOR 1.0 0.0 X 0 0 0 MATT STONER DIRECTOR 1.0 0.0 X 0 0 0 SUSAN SUTTON DIRECTOR 1.0 0.0 X 0 0 0 ANDY WATSON DIRECTOR 1.0 0.0 X 0 0 0 MARY WEBER DIRECTOR (eff. 8/22) 1.0 0.0 X 0 0 0 BERYL WEINER DIRECTOR (eff. 8/22) 1.0 0.0 X 0 0 0 MARK YOCKEY director 1.0 0.0 X 0 0 0 873008 0 89182 5 false true false 0 80500 351377 2850456 197365 3282333 CONCERT TICKET SALES 711300 622936 622936 OTHER FESTIVAL REVENUE 711300 266150 266150 889086 369311 369311 0 0 242618 242618 0 242618 242618 2289307 2498105 -208798 -208798 -208798 12600 80500 12600 0 0 0 0 0 0 0 4574550 1131704 160513 X 0 0 0 0 506080 379560 75912 50608 0 568975 167665 240786 160524 23401 6576 10095 6730 46189 18522 16600 11067 74718 37359 22415 14944 0 3008 3008 50560 50560 0 12000 12000 40472 40472 1085005 1011665 47256 26084 365414 274060 73083 18271 231676 57919 150589 23168 0 0 141082 137082 4000 313916 298220 15696 0 0 0 0 375966 241527 134439 89329 10884 78445 MUSIC PROGRAM EXPENSES 1332860 1332860 FUNDRAISING 210070 210070 FEST. HALL & MUSICIANS CONDOS 112430 103438 8992 EDUCATION AND OUTREACH 98776 88898 9878 61077 61077 5743004 4227312 966530 549162 1467520 1047509 757089 11123 674351 220505 24764 0 0 0 0 0 0 0 0 0 0 25076 14244556 7047584 7366593 7196972 11066888 10138826 609133 464357 0 0 0 0 0 562007 21966338 19666375 49272 47580 0 0 850532 820545 0 0 0 0 0 0 0 0 0 0 74233 640580 974037 1508705 X 16954453 16704234 4037848 1453436 20992301 18157670 21966338 19666375 -1168454 -1666177 X false true X true false X 1936828 2183181 2208254 3822116 3282333 13432712 684603 758427 8139 1101411 889086 3441666 0 0 0 2621431 2941608 2216393 4923527 4171419 16874378 753487 878720 584429 945801 919468 4081905 0 252452 72929 0 0 325381 753487 1131172 657358 945801 919468 4407286 12467092 579169 568076 490736 1006371 611929 3256281 0 579169 568076 490736 1006371 611929 3256281 238390 0 0 0 0 238390 0 3438990 3509684 2707129 5929898 4783348 20369049 0.61206 0.65054 0.15986 0.12782 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2577274 1577274 1000000 2577274 2577274 2577274 2577274 2577274 2577274 2577274 2577274 1.00000 false false 93085 93085 12663403 5748554 6914849 158970 79485 79485 1002278 969142 33136 326820 250403 76417 7196972 0 LEASE LIABILITY 580493 ACCRUED SCHOLARSHIPS 60087 640580 X 3013677 -1666177 145776 -1520401 4534078 40472 40472 4574550 5848308 145776 145776 5702532 40472 40472 5743004 PART V, LINE 4: The organization has one donor restricted endowment fund where the principal is to be held in perpetuity, The Maurice Walk Endowment Fund, with a balance of $1,000,000 at the end of each year. PART X, LINE 2: UNDER U.S. GAAP, AN ORGANIZATION MUST RECOGNIZE THE TAX LIABILITY ASSOCIATED WITH TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. GRAND TETON MUSIC FESTIVAL, INC. DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE ORGANIZATION HAS FILED FOR AND RECEIVED INCOME TAX EXEMPTIONS IN THE JURISDICTIONS WHERE IT IS REQUIRED TO DO SO. ADDITIONALLY, THE ORGANIZATION HAS FILED IRS FORM 990 INFORMATION RETURNS, AS REQUIRED, AND ALL OTHER APPLICABLE RETURNS IN JURISDICTIONS WHERE SO REQUIRED. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY A TAXING AUTHORITY. AS OF DECEMBER 31, 2022, THE ORGANIZATION WAS NOT SUBJECT TO ANY EXAMINATION BY A TAXING AUTHORITY. salon dinner 1 38000 32900 5100 5100 salon dinner 3 32000 30100 1900 1900 1 23100 17500 5600 5600 93100 80500 12600 12600 12600 X true true X X X X false false false false false false false true false EMMA KAIL EXECUTIVE DIRECTOR 190962 0 18500 0 31827 0 20500 0 18291 0 280080 0 0 0 DONALD RUNNICLES MUSIC DIRECTOR 226000 0 0 0 0 0 0 0 0 0 226000 0 0 0 TIM DODGE DIRECTOR OF DEVELOPMENT 140000 0 5000 0 0 0 7008 0 17580 0 169588 0 0 0 PART I, LINE 1A: THE ORGANIZATION PROVIDES A HOUSING BENEFIT TO EMMA KAIL, EXECUTIVE DIRECTOR. $31,827 IS THE VALUE OF THE HOUSING PROVIDED TO THE EXECUTIVE DIRECTOR FOR PERSONAL USE AND IS REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III). PART I, LINE 7: SCHEDULE J, PART II, COLUMN (B)(II) REPORTS DISCRETIONARY INCENTIVE AMOUNTS THAT WERE APPROVED BY THE EXECUTIVE COMMITTEE (comprised of independent board members) BASED UPON PERFORMANCE. X 5 191846 market quotation X wine 1 5519 sales proceeds 1 false true false PART I, COLUMN (B): NUMERICAL DATA REPORTED REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B: THE FORM 990 IS PREPARED BY A NATIONALLY RECOGNIZED ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATIONS FINANCIAL DEPARTMENT. AFTERWARDS, A COPY OF THE DRAFT FORM 990 IS CIRCULATED TO THE FULL BOARD OF DIRECTORS FOR DISCUSSION AND COMMENT PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C: THE ORGANIZATION'S WRITTEN CONFLICT OF INTEREST POLICY REQUIRES THAT EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT AFFIRMING THAT THE PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. A PERIODIC REVIEW OF COMPLIANCE WITH THIS POLICY IS CONDUCTED BY THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15A: The compensation of the Executive Director is reviewed and voted on by the Executive Committee and the Board of Directors. Comparative data is reviewed and considered when reviewing the compensation of the Executive Director. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE ON ITS WEBSITE AT GTMF.ORG/REPORTS, GUIDESTAR'S WEBSITE, AND TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S FINANCIAL STATEMENTS, ANNUAL REPORT AND CERTAIN POLICIES ARE AVAILABLE TO THE PUBLIC ON ITS WEBSITE AND UPON REQUEST. FORM 990 PART IX LINE 11G DESCRIPTION:MUSICIAN FEES FOR SERVICE TOTAL FEES:1005144 FORM 990 PART IX LINE 11G DESCRIPTION:OTHER PROFESSIONAL FEES TOTAL FEES:79861 GTMF HOUSING LLC 175 SOUTH KING STREET JACKSON WY 83001 823747508 HOUSING WY 174360 2914328 GTMF INC