BRAVO COLORADO AT VAIL-BEAVER CREEK: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- BRAVO COLORADO AT VAIL-BEAVER CREEK (EIN 84-1074065)
- Tax period
- 2011-10-01 to 2012-09-30
- Filed
- 2013-02-13
- IRS object ID
- 201300449349300680
- Schema version
- 2011v1.2
- 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 | 2013-02-13T11:29:04-06:00 | Timestamp |
| Tax Period End Date | 2012-09-30 | 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 | 2011-10-01 | 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 | 2013-02-11 | 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 | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | 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 | 5491872 | 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 | 37 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 174330 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2970356 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3729894 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1454734 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1586329 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1645 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1319 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 159991 | OtherRevenuePriorYear |
| Other Revenue Current Year | 174330 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 4586726 | TotalRevenuePriorYear |
| Total Revenue Current Year | 5491872 | 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 | 1336461 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1434913 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 179083 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 3306203 | OtherExpensePriorYear |
| Other Expenses Current Year | 3538723 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 4642664 | TotalExpensesPriorYear |
| Total Expenses Current Year | 4973636 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -55938 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 518236 | RevenuesLessExpensesCY |
| Total Assets BOY | 1668296 | TotalAssetsBOY |
| Total Assets EOY | 2341611 | TotalAssetsEOY |
| Total Liabilities BOY | 701997 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 857076 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 966299 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1484535 | NetAssetsOrFundBalancesEOY |
| Mission Description | *ENRICHING PEOPLE'S LIVES THROUGH THE POWER OF MUSIC: PRODUCING THE FINEST PERFORMANCES BY THE GREATEST ARTISTS, FOSTERING MUSIC EDUCATION AND PROMOTING A LIFE-LONG APPRECIATION OF THE ARTS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 3657717 | Expense |
| Revenue | 1586329 | 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 | 3657717 | 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 | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | 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 |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 45 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 37 | 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 | |
| CATHERINE STONE | ||||||
| VICE 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 | |
| JAN BROMAN | ||||||
| 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 | |
| JAN COULSON | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| TIM DALTON | ||||||
| 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 | |
| LINDA HART | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| CHRIS JARNOT | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| ALAN KOSLOFF | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| ROB 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 | |
| RUSSELL MOLINA | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| MATT MORGAN | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| MICHELLE RESNICK | ||||||
| BOARD MEMBER | 3.00 | X | 0 | 0 | 0 | |
| SUSAN ROGEL | ||||||
| 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 | |
| TERIE ROUBOS | ||||||
| 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 | |
| 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 | 260648 | 0 | 90533 | X | |
| JEANNE REID WHITE | ||||||
| DIRECTOR OF DEVELOPMENT | 40.00 | 132679 | 0 | 32418 | X | |
| JULIE JOHANNES | ||||||
| CHIEF ADMIN & FINANCIAL OF | 40.00 | 117784 | 0 | 26350 | X | |
| JAMES PALERMO | ||||||
| PRESIDENT & EXECUTIVE DIRE | 40.00 | 0 | 0 | 0 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 511111 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 149301 | TotalOtherCompensation |
| Number Individuals GT100 K | 3 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Government Grants | 205000 | GovernmentGrants |
| All Other Contributions | 3524894 | AllOtherContributions |
| Total Contributions | 3729894 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | EVENT INCOME | Description |
| Business Code | 711130 | BusinessCode |
| Total Revenue Column | 1586329 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1586329 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1586329 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1319 | TotalRevenueColumn |
| Exclusion | $1,319 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PROGRAM ADVERTISING | Description |
| Business Code | 711130 | BusinessCode |
| Total Revenue Column | 174330 | TotalRevenueColumn |
| Unrelated Business Revenue | 174330 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 174330 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5491872 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1586329 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 174330 | UnrelatedBusinessRevenue |
| Exclusion | $1,319 | ExclusionAmount |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1434913 | Total |
| Program Services | 567111 | ProgramServices |
| Management And General | 867802 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7000 | Total |
| Management And General | 7000 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 118073 | Total |
| Program Services | 118073 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 108929 | Total |
| Management And General | 108929 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 85969 | Total |
| Management And General | 85969 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8573 | Total |
| Management And General | 8573 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 49341 | Total |
| Management And General | 49341 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9222 | Total |
| Management And General | 9222 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | FundraisingFundraising |
|---|---|---|---|
| ARTIST FEES AND HOUSING | 2735182 | 2735182 | |
| EVENT PRODUCTION COSTS | 237055 | 237055 | |
| FUNDRAISING EXPENSE | 179083 | 179083 | |
| FESTIVAL EDUCATION | 296 | 296 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4973636 | Total |
| Program Services | 3657717 | ProgramServices |
| Management And General | 1136836 | ManagementAndGeneral |
| Fundraising | 179083 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 200 | BOY |
| EOY | 421650 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1369632 | BOY |
| EOY | 1388663 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 137883 | BOY |
| EOY | 284343 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1060 | BOY |
| EOY | 1024 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16876 | BOY |
| EOY | 11354 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 502151 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 267574 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 142645 | BOY |
| EOY | 234577 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1668296 | BOY |
| EOY | 2341611 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 62818 | BOY |
| EOY | 194366 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 639179 | BOY |
| EOY | 662710 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 701997 | BOY |
| EOY | 857076 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 861547 | BOY |
| EOY | 922086 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 104752 | BOY |
| EOY | 562449 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 966299 | BOY |
| EOY | 1484535 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1668296 | BOY |
| EOY | 2341611 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 518236 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 1 | AccountantCompileOrReview |
| FS Audited | 0 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| 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 | 2841825 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2516261 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2861563 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2970356 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3729894 | CurrentTaxYear |
| Total | 14919899 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1414703 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1266202 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1495952 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1454734 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1586329 | CurrentTaxYear |
| Total | 7217920 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 4256528 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3782463 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4357515 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 4425090 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5316223 | CurrentTaxYear |
| Total | 22137819 | 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 | 22137819 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | -254151 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 10263 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6865 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3664 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1319 | CurrentTaxYear |
| Total | -232040 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | -254151 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 10263 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6865 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3664 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1319 | CurrentTaxYear |
| Total | -232040 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 181142 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 138135 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 149474 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 159991 | CurrentTaxYearMinus1Year |
| Current Tax Year | 174330 | CurrentTaxYear |
| Total | 803072 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 4183519 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3930861 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4513854 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 4588745 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5491872 | CurrentTaxYear |
| Total | 22708851 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.97490 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.96580 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.00000 | 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 | 87374 | OtherCostOrOtherBasis |
| Depreciation | 40654 | Depreciation |
| Book Value | 46720 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 58000 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 356777 | OtherCostOrOtherBasis |
| Depreciation | 226920 | Depreciation |
| Book Value | 187857 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 234577 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DEFERRED COMPENSATION | Description |
| Amount | $662,710 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 662710 | TotalOfAmounts |
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 (2 entries)
| 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 | |||||||||||||
| 250625 | 0 | 10023 | 0 | 0 | 0 | 81400 | 0 | 9133 | 0 | 351181 | 0 | 0 | 0 |
| JEANNE REID WHITE | |||||||||||||
| 122867 | 0 | 9812 | 0 | 0 | 0 | 20634 | 0 | 11784 | 0 | 165097 | 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 $53,500 | 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 |
| 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 | 90000 | AmountInvolved |
| Method Of Amt Determination | CASH | MethodOfAmtDetermination |
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