2018-11-12T08:31:39-06:00 2017-12-31 710355269 LANDMARK PLC CPAS P O BOX 10148 FORT SMITH AR 729170148 990 2017-01-01 237034152 GRAND TETON MUSIC FESTIVAL INC GRAN 3077333050 PO BOX 9117 JACKSON WY 83002 ANDREW TODD PRESIDENT & CEO 3077333050 2018-11-05 1 DEANA A INFIELD P00440603 4794845740 2018-11-05 24.248.194.80 2018-11-05 21:15:42 CS P 51344A2AEAF6C4613705A6BF8427E954ECB79D03 1BD36E7E08A044663D18878163C6E53607386902 2017 2019-02-21 02:37:17Z X ANDREW TODD PO BOX 9117 JACKSON WY 83002 11399859 0 X WWW.GTMF.ORG X 1961 WY TO PRESENT EXHILARATING MUSICAL EXPERIENCES TO THE RESIDENTS AND VISITORS OF TETON COUNTY. 22 22 26 105 0 0 1945120 6747831 565955 567098 514983 902259 -94262 465862 2931796 8683050 0 0 0 0 753036 879198 0 0 208810 2797808 2841879 3550844 3721077 -619048 4961973 15761238 20959998 46457 61708 15714781 20898290 TO PRESENT EXHILARATING MUSICAL EXPERIENCES TO THE RESIDENTS AND VISITORS OF TETON COUNTY. 0 0 3381222 1285438 CONCERTS, INCLUDING CHAMBER MUSIC, SOLOISTS AND SYMPHONY ORCHESTRAS THROUGH THE SUMMER SEASON 3381222 1 1 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 284 0 26 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 X GRAND TETON MUSIC FESTIVAL 3077333050 175 SOUTH KING STREET SUITE 200 JACKSON WY 83002 ALLAN TESSLER CHAIRMAN 7.00 X X 0 0 0 CHISTINE HARTLEY VICE-CHAIRMAN 5.00 X X 0 0 0 ROBERT WHITMIRE SECRETARY 5.00 X X 0 0 0 RALPH HABERFELD TREASURER 5.00 X X 0 0 0 CHRISTIAN ERDMAN DIRECTOR 1.00 X 0 0 0 SYLVIA NEIL DIRECTOR 1.00 X 0 0 0 PATTY JAQUITH DIRECTOR 1.00 X 0 0 0 RALPH MATSON DIRECTOR 1.00 X 0 0 0 ARI RIFKIN DIRECTOR 1.00 X 0 0 0 DAVID RAISBECK DIRECTOR 1.00 X 0 0 0 JENNIFER ROSS DIRECTOR 1.00 X 0 0 0 GARY SILVERBERG DIRECTOR 1.00 X 0 0 0 JON ROTENSTREICH DIRECTOR 1.00 X 0 0 0 ARNOLD SILVERMAN DIRECTOR 1.00 X 0 0 0 BARBARA VOLGELSTEIN DIRECTOR 1.00 X 0 0 0 WILLIAM WECKER DIRECTOR 5.00 X 0 0 0 JOHN WHITMORE DIRECTOR 1.00 X 0 0 0 PAM NINER DIRECTOR 1.00 X 0 0 0 JOHN COSTELLO DIRECTOR 1.00 X 0 0 0 SANDRA MASUR DIRECTOR 1.00 X 0 0 0 KATHERINE BROOKS DIRECTOR 1.00 X 0 0 0 LAURENTIUS MARAIS DIRECTOR 1.00 X 0 0 0 ANDREW TODD PRESIDENT & CEO 60.00 X 196824 0 0 ANNA MATTSON DIRECTOR OF DEVELOPMENT 60.00 X 118692 0 0 DONALD RUNNICLES MUSIC DIRECTOR 4.00 X 190400 0 0 505916 0 0 3 0 1 0 JACKSON HOLE RESORT LODGING 3200 W MCCOLLISTER DRIVE TETON VILLAGE WY 83025 MUSICIAN HOUSING 266330 DONALD RUNNICLES 4015 NORTH LAKE CREEK DRIVE 100 WILSON WY 83014 MUSIC DIRECTOR 190400 OPUS 3 ARTISTS LLC 470 PARK AVENUE SOUTH 9TH FLOOR NO NEW YORK NY 10016 GUEST ARTIST FEES 162865 3 318929 3316428 3112474 3684004 6747831 CONCERT TICKET SALES 711300 425580 425580 OTHER FESTIVAL REVENUE 711300 141518 141518 567098 281135 281135 97216 0 97216 97216 97216 3213369 2592245 621124 621124 621124 493210 318929 124564 368646 368646 8683050 1285438 0 649781 X 736431 625966 36822 73643 26047 22140 1302 2605 57597 48957 2880 5760 59123 50255 2956 5912 43907 37321 2195 4391 20258 17219 1013 2026 20768 17653 1038 2077 1284275 1284275 413628 372265 41363 76592 65103 3830 7659 7102 3551 3551 122436 99942 10759 11735 255158 205049 2500 47609 6462 5816 646 227018 213397 13621 61038 45906 15132 FESTIVAL HALL & MUSICIA 182583 151798 30785 MUSIC PROGRAM EXPENSES 80350 80350 EDUCATION & OUTREACH EX 40304 34259 2015 4030 3721077 3381222 131045 208810 242996 581539 20037 240013 533298 444908 1660 1440 38754 18258 13562642 5461105 5192178 8101537 9732315 11572303 15761238 20959998 46457 61708 46457 61708 X 11795699 15752633 1341808 2568383 2577274 2577274 15714781 20898290 15761238 20959998 4961973 221536 0 X X 0 1 X 1 0 X 3033762 2518906 2576497 1945120 2181403 12255688 453488 398864 507796 565955 567098 2493201 3487250 2917770 3084293 2511075 2748501 14748889 543661 581807 901624 601353 990187 3618632 132506 20487 25881 144642 156050 479566 676167 602294 927505 745995 1146237 4098198 10650691 311187 333534 324765 280697 378351 1628534 311187 333534 324765 280697 378351 1628534 3798437 3251304 3409058 2791772 3126852 16377423 0.65030 0.64940 0.09940 0.08970 X 1 2577274 1 1 2577274 2577274 2577274 2577274 2577274 2577274 2577274 2577274 2577274 2577274 1.00000 0 0 93085 93085 12451800 4476945 7974855 1017757 984160 33597 8101537 X 9084586 221536 180000 401536 8683050 0 8683050 3901077 180000 180000 3721077 0 3721077 PART X, LINE 2: THE FESTIVAL QUALIFIES AS AN ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND A SIMILAR STATE STATUTE AND ARE NOT SUBJECT TO TAX AT THE ENTITY LEVEL FOR FEDERAL AND STATE INCOME TAX PURPOSES. THE FESTIVAL ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH THE PROVISIONS OF FASB CODIFICATION TOPIC INCOME TAXES. FASB CODIFICATION TOPIC INCOME TAXES CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND REQUIRES THE FESTIVAL TO RECOGNIZE IN THEIR COMBINED FINANCIAL STATEMENTS THE IMPACT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, IF THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED UNDER AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS ASSESSED THE TAX POSITIONS OF THE FESTIVAL AND DETERMINED THAT NO POSITIONS EXIST THAT REQUIRE ADJUSTMENT OR DISCLOSURE UNDER THE PROVISIONS OF FASB CODIFICATION TOPIC INCOME TAXES. THE FESTIVAL FILES INFORMATIONAL "RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX" (FORM 990) IN THE U.S. FEDERAL JURISDICTION. GALA 812139 318929 493210 124564 812139 318929 493210 124564 124564 368646 X 0 0 0 0 0 0 0 0 0 ANDREW TODD PRESIDENT & CEO 196824 0 0 0 0 0 0 0 0 0 196824 0 0 0 DONALD RUNNICLES MUSIC DIRECTOR 182000 0 0 0 8400 0 0 0 0 0 190400 0 0 0 PART I, LINE 3 THE COMPENSATION OF THE PRESIDENT & CEO IS BASED UPON AN ANNUAL REVIEW BY THE REVIEW COMMITTEE. THE COMPENSATION IS REVIEWED BY AND VOTED ON BY THE EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS. X 17 455643 FMV OF SECURITY X TRAVEL 1 60000 FMV X WINE LOTS 1 1564 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY IS PROVIDED TO THE ORGANIZATION'S BOARD PRIOR TO FILING. THE 990 IS APPROVED FOR FILING BY THE ORGANIZATION'S EXECUTIVE DIRECTOR. 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 BASED UPON AN ANNUAL REVIEW BY THE REVIEW COMMITTEE. THE COMPENSATION IS REVIEWED BY AND VOTED ON BY THE EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS WERE NOT MADE AVAILABLE TO THE PUBLIC. CERTAIN WEBSITES LIKE CHARITY NAVIGATOR AND GUIDESTAR FOR EXAMPLE WILL DISPLAY THE 990 TAX RETURN INFORMATION UPON FILING. FORM 990, PART IX, LINE 11G FEES FOR SERVICES-OTHER: PROGRAM SERVICE EXPENSES 1,284,275. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,284,275. FORM 990, PART XII, LINE 2C THE PROCESS OF REVIEWING 990 HAS NOT CHANGED FROM THE PRIOR YEAR. GTMF HOUSING LLC 175 SOUTH KING STREET JACKSON WY 73001 823747508 RENTAL REAL ESTATE/MUSICIAN HOUSING WY 67926 3288793 GRAND TETON MUSIC FESTIVAL INC GTMF SUPPORT FACILITIES INC 4015 NORTH LAKE CREEK DRIVE 100 WILSON WY 83014 453171312 SUPPORTING ORGANIZATION WY 501(C)(3) LINE 12B, II N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 GTMF SUPPORT FACILITIES INC B 3316428 TRANSFER OF ASSETS AT DISPOSITION SCHEDULE R, PART V, LINE 2 A LETTER DATED JULY 1, 2017 FROM THE IRS WAS RECEIVED BY GTMF SUPPORT FACILITIES, INC. BASED ON THIS LETTER, AS OF SEPTEMBER 1, 2017, GTMF SUPPORT FACILITIES, INC. (SUPPORT) WAS CLASSIFIED BY THE IRS AS A PRIVATE FOUNDAITON. EFFECTIVE, SEPTEMBER 1, 2017, THE ASSETS OF SUPPORT WERE TRANSFERRED EITHER TO THE GRAND TETON MUSIC FESTIVAL OR MAINTAINED IN THE PRIVATE FOUNDATION AFTER RE-CLASSIFICATION BY THE IRS AND WHICH WILL BE KNOWN AS THE WALK FAMILY JACKSON HOLE HOUSING FUND. THE AMOUNTS RECEIVED BY THE GRAND TETON MUSIC FESTIVAL WERE $3,316,428 OF WHICH $207,885 WAS RECEIVED IN CASH AND $3,108,543 WAS RECEIVED IN HOUSING ASSETS WHICH WERE RECORDED AT BOOK VALUE.