BRAVO COLORADO AT VAIL-BEAVER CREEK: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- BRAVO COLORADO AT VAIL-BEAVER CREEK (EIN 84-1074065)
- Tax period
- 2012-10-01 to 2013-09-30
- Filed
- 2014-02-20
- IRS object ID
- 201430519349300708
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-02-20T17:00:59-06:00 | Timestamp |
| Tax Period End Date | 2013-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 841200442 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NOVOSAD LYLE & ASSOCIATES PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5910 | AddressLine1 |
| City | AVON | City |
| State | CO | State |
| ZIP Code | 81620 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 841074065 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRAVO COLORADO AT VAIL-BEAVER CREEK | BusinessNameLine1 |
| Business Name Line2 | DBA BRAVO VAIL VALLEY MUSIC FESTIVAL | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BRAV | NameControl |
| Phone | 9708275700 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2271 N FRONTAGE RD W SUITE C | AddressLine1 |
| City | VAIL | City |
| State | CO | State |
| ZIP Code | 816573920 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES PALERMO | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 9708275700 | Phone |
| Date Signed | 2014-02-12 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STEPHANIE NOVOSAD CPA | Name |
| PTIN | P00399745 | PTIN |
| Phone | 9708458000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JAMES PALERMO | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2271 N FRONTAGE RD W SUITE C | AddressLine1 |
| City | VAIL | City |
| State | CO | State |
| ZIP Code | 816573920 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 5739143 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.VAILMUSICFESTIVAL.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1987 | YearFormation |
| State Legal Domicile | CO | StateLegalDomicile |
| Activity Or Mission Description | PRESENTATION AND SPONSORSHIP OF MUSICAL CONCERTS AND PERFORMING ARTS FOR THE CITIZENS AND VISITORS OF THE ENTIRE VAIL VALLEY | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 34 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 34 | NbrIndependentVotingMembers |
| Total Nbr Employees | 50 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 174452 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3729894 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3804731 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1586329 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1758654 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1319 | InvestmentIncomePriorYear |
| Investment Income Current Year | -8068 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 174330 | OtherRevenuePriorYear |
| Other Revenue Current Year | 174452 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 5491872 | TotalRevenuePriorYear |
| Total Revenue Current Year | 5729769 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1434913 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1376641 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 467967 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 3538723 | OtherExpensePriorYear |
| Other Expenses Current Year | 3596872 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 4973636 | TotalExpensesPriorYear |
| Total Expenses Current Year | 4973513 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 518236 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 756256 | RevenuesLessExpensesCY |
| Total Assets BOY | 2341611 | TotalAssetsBOY |
| Total Assets EOY | 2630512 | TotalAssetsEOY |
| Total Liabilities BOY | 857076 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 389721 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1484535 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 2240791 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | *TO ENHANCE THE CULTURAL LIFE OF THE VAIL VALLEY THROUGH THE ORGANIZATION AND PRESENTATION OF CLASSICAL AND POPULAR MUSIC PROGRAMS AT THE HIGHEST INTERNATIONAL ARTISTIC LEVEL, *TO FOSTER THE PERFORMING ARTS - MUSIC, DANCE, AND THEATER - IN THE VAIL VALLEY*TO PROMOTE PUBLIC EDUCATION IN THE ARTS*TO PROVIDE AN ADDITIONAL CULTURAL DIMENSION TO THE SUMMER SEASON THAT ENCOURAGES PART TIME RESIDENTS TO SPEND MORE TIME IN THE VAIL VALLEY AND ATTRACT SUMMER VISITORS IN LARGER NUMBERS FOR LONGER STAYS THEREBY CONTRIBUTING TO THE CULTURAL AND ECONOMIC WELL BEING OF THE VAIL VALLEY | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 3106076 | Expense |
| Revenue | 1749280 | Revenue |
| Description | PRESENTATION AND SPONSORSHIP OF MUSICAL CONCERTS AND PERFORMING ARTS FOR THE CITIZENS AND VISITORS OF THE ENTIRE VAIL VALLEY | Description |
| Total Program Service Expense | 3106076 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 52 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 50 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 34 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 34 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicy |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Other Website | X | OtherWebsite |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VAIL VALLEY MUSIC FESTIVAL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9708275700 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2271 NORTH FRONTAGE ROAD WEST SUITE | AddressLine1 |
| City | VAIL | City |
| State | CO | State |
| ZIP Code | 81657 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (38 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| ARGIE TANG | ||||||
| CHAIRMAN | 3.00 | X | 0 | 0 | 0 | |
| RUSSELL MOLINA | ||||||
| CO-CHAIRMAN | 3.00 | X | 0 | 0 | 0 | |
| DAN GODEC | ||||||
| TREASURER | 3.00 | X | 0 | 0 | 0 | |
| VICKI LOGAN | ||||||
| SECRETARY | 3.00 | X | 0 | 0 | 0 | |
| RONNIE BAKER | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| BARRY BERACHA | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| JENN BRUNO | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| BILL BURNS | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| TIM DALTON | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| GLENN DAVIS | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| MARIJKE DE VINK | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| COOKIE FLAUM | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| CRAIG FOLEY | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| CEIL FOLZ | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| VICKY GARZA-MOHAJER | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| JEANNE GUSTAFSON | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| LINDA HART | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| ALAN KOSLOFF | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| ROBERT LEVINE | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| LAURA MARX | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| TONY MAYER | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| SHIRLEY MCINTRYE | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| MATT MORGAN | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| MARTHA REHM | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| MICHELLE RESNICK | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| MARGARET ROGERS | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| BYRON ROSE | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| CAROLE SEGAL | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| RACHEL SMILEY | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| FRANK STRAUSS | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| SUSAN SUGGS | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| DOUG TANSILL | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| STEVE VIROSTEK | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| BETSY WIEGERS | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| JOHN GIOVANDO | ||||||
| PRESIDENT & EXECUTIVE DIRE | 40.00 | 632113 | 0 | 45779 | X | |
| JEANNE REID WHITE | ||||||
| DIRECTOR OF DEVELOPMENT | 40.00 | 186645 | 0 | 19027 | X | |
| JULIE JOHANNES | ||||||
| CHIEF ADMIN & FINANCIAL OF | 40.00 | 197245 | 0 | 12881 | X | |
| JAMES PALERMO | ||||||
| PRESIDENT & EXECUTIVE DIRECTOR | 40.00 | 81298 | 0 | 0 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1097301 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 77687 | TotalOtherCompensation |
| Number Individuals GT100 K | 3 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GLYPHICS LTD | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3219 EAST CAMELBACK RD | AddressLine1 |
| City | PHOENIX | City |
| State | AZ | State |
| ZIP Code | 85018 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | PRINTING | DescriptionOfServices |
| Compensation | 124705 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Government Grants | 208000 | GovernmentGrants |
| All Other Contributions | 3596731 | AllOtherContributions |
| Total Contributions | 3804731 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | EVENT INCOME | Description |
| Business Code | 711130 | BusinessCode |
| Total Revenue Column | 1758654 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1758654 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1758654 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1306 | TotalRevenueColumn |
| Exclusion | $1,306 | ExclusionAmount |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 9374 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -9374 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -9374 | TotalRevenueColumn |
| Related Or Exempt Function Income | -9374 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PROGRAM ADVERTISING | Description |
| Business Code | 711130 | BusinessCode |
| Total Revenue Column | 174452 | TotalRevenueColumn |
| Unrelated Business Revenue | 174452 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 174452 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5729769 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1749280 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 174452 | UnrelatedBusinessRevenue |
| Exclusion | $1,306 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1376641 | Total |
| Program Services | 228000 | ProgramServices |
| Management And General | 928641 | ManagementAndGeneral |
| Fundraising | 220000 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9000 | Total |
| Management And General | 9000 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 165949 | Total |
| Program Services | 5000 | ProgramServices |
| Management And General | 160949 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 116865 | Total |
| Management And General | 116865 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 84936 | Total |
| Management And General | 84936 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5298 | Total |
| Management And General | 5298 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76207 | Total |
| Management And General | 76207 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10210 | Total |
| Program Services | 8000 | ProgramServices |
| Management And General | 2210 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| ARTIST FEES AND HOUSING | 2785145 | 2785145 | ||
| EVENT PRODUCTION COSTS | 199740 | 79931 | 14809 | 105000 |
| FUNDRAISING EXPENSE | 143522 | 555 | 142967 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4973513 | Total |
| Program Services | 3106076 | ProgramServices |
| Management And General | 1399470 | ManagementAndGeneral |
| Fundraising | 467967 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 421650 | BOY |
| EOY | 140165 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1388663 | BOY |
| EOY | 1637406 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 284343 | BOY |
| EOY | 633729 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1024 | BOY |
| EOY | 4092 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11354 | BOY |
| EOY | 22407 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 458507 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 265794 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 234577 | BOY |
| EOY | 192713 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2341611 | BOY |
| EOY | 2630512 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 194366 | BOY |
| EOY | 23497 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 662710 | BOY |
| EOY | 366224 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 857076 | BOY |
| EOY | 389721 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 922086 | BOY |
| EOY | 1237778 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 562449 | BOY |
| EOY | 1003013 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1484535 | BOY |
| EOY | 2240791 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2341611 | BOY |
| EOY | 2630512 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 756256 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2516261 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2861563 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2970356 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3729894 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3804731 | CurrentTaxYear |
| Total | 15882805 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1266202 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1495952 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1454734 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1586329 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1758654 | CurrentTaxYear |
| Total | 7561871 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3782463 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4357515 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4425090 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 5316223 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5563385 | CurrentTaxYear |
| Total | 23444676 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 23444676 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 10263 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 6865 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3664 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1319 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1306 | CurrentTaxYear |
| Total | 23417 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 10263 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 6865 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3664 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1319 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1306 | CurrentTaxYear |
| Total | 23417 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 138135 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 149474 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 159991 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 174330 | CurrentTaxYearMinus1Year |
| Current Tax Year | 174452 | CurrentTaxYear |
| Total | 796382 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3930861 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4513854 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4588745 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 5491872 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5739143 | CurrentTaxYear |
| Total | 24264475 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.96620 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.97490 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.00100 | InvestmentIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 89551 | OtherCostOrOtherBasis |
| Depreciation | 63720 | Depreciation |
| Book Value | 25831 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 58000 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 310956 | OtherCostOrOtherBasis |
| Depreciation | 202074 | Depreciation |
| Book Value | 166882 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 192713 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DEFERRED COMPENSATION | Description |
| Amount | $366,224 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 366224 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 8463576 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 2387053 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 346754 | OtherRevenues |
| Revenue Not Rptd F990 | 2733807 | RevenueNotRptdF990 |
| Revenue Subtotal | 5729769 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 5729769 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 7419940 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 2387053 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 59374 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 2446427 | ExpensesNotRptdF990 |
| Expenses Subtotal | 4973513 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 4973513 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | INCOME FROM RELATED ORGANIZATION INCLUDED IN THE CONSOLIDATED FINANCIAL 337,380. STATEMENTS WHICH FILES A SEPARATE TAX RETURN. LOSS ON DISPOSED ASSETS, INCLUDED IN OTHER REVENUE 9,374. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | EXPENSES FROM RELATED ORGANIZATION INCLUDED IN THE CONSOLIDATED FINANCIAL 50,000. STATEMENTS WHICH FILES A SEPARATE TAX RETURN. LOSS ON DISPOSED ASSETS, INCLUDED IN OTHER REVENUE 9,374. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JOHN GIOVANDO | ||||||||||||||
| PRESIDENT & EXECUTIVE DIRE | 268284 | 0 | 0 | 0 | 363829 | 0 | 12648 | 0 | 33131 | 0 | 677892 | 0 | 0 | 0 |
| JEANNE REID WHITE | ||||||||||||||
| DIRECTOR OF DEVELOPMENT | 125464 | 0 | 4000 | 0 | 57181 | 0 | 7329 | 0 | 11698 | 0 | 205672 | 0 | 0 | 0 |
| JULIE JOHANNES | ||||||||||||||
| CHIEF ADMIN & FINANCIAL OF | 119421 | 0 | 6000 | 0 | 71824 | 0 | 6900 | 0 | 5981 | 0 | 210126 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 4B | ReturnReference |
| Explanation | JOHN GIOVANDO $389,329 | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (3 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | SENT IN PDF FORM VIA EMAIL |
| FORM 990, PART VI, SECTION B, LINE 15 | SALARIES ARE ESTABLISHED WITH THE ASSISTANCE OF WWW.SALARY.COM |
| FORM 990, PART VI, SECTION C, LINE 19 | THE PUBLIC CAN ACCESS THE INFORMATION ON WWW.GUIDESTAR.ORG |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRAVO COLORADO MUSIC FESTIVAL ENDOWMENT FOUNDATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2270 | AddressLine1 |
| City | VAIL | City |
| State | CO | State |
| ZIP Code | 816582270 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 841389134 | EIN |
| Primary Activities | LONG-TERM FINANCIAL STABILITY OF MUSIC APPRECIATION WITHIN THE VAIL VALLEY | PrimaryActivities |
| Legal Domicile State | CO | LegalDomicileState |
| Exempt Code Section | 501 (C)(3) | ExemptCodeSection |
| Public Charity Status | 509(A)(3) | PublicCharityStatus |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 1 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRAVO COLORADO MUSIC FESTIVAL ENDOWMENT | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | C | TransactionType |
| Amount Involved | 50000 | AmountInvolved |
| Method Of Amt Determination | CASH | MethodOfAmtDetermination |
Comments