GRAND TETON MUSIC FESTIVAL INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- GRAND TETON MUSIC FESTIVAL INC (EIN 23-7034152)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2012-03-08
- IRS object ID
- 201230689349300803
- Schema version
- 2010v3.4
- 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 | 2012-03-08T09:41:21-06:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BEALL BARCLAY & COMPANY PLC CPA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 10148 | AddressLine1 |
| City | FORT SMITH | City |
| State | AR | State |
| ZIP Code | 72917 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237034152 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRAND TETON MUSIC FESTIVAL INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GRAN | NameControl |
| Phone | 3077333050 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4015 NORTH LAKE CREEK DRIVE NO 100 | AddressLine1 |
| City | WILSON | City |
| State | WY | State |
| ZIP Code | 83014 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | TRACY JACOBSON | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 3077333050 | Phone |
| Date Signed | 2012-03-07 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4794845740 | Phone |
| Date Prepared | 2012-03-07 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | TRACY JACOBSON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4015 NORTH LAKE CREEK DRIVE NO 100 | AddressLine1 |
| City | WILSON | City |
| State | WY | State |
| ZIP Code | 83014 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 9740082 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.GTMF.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1961 | YearFormation |
| State Legal Domicile | WY | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE MUSIC TO RESIDENTS AND VISITORS OF THE JACKSON HOLE, WYOMING AREA. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 50 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 50 | NbrIndependentVotingMembers |
| Total Nbr Employees | 25 | TotalNbrEmployees |
| Total Nbr Volunteers | 400 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1624174 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3834333 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 294040 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 528376 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1321278 | InvestmentIncomePriorYear |
| Investment Income Current Year | 383190 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 877224 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1141258 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 4116716 | TotalRevenuePriorYear |
| Total Revenue Current Year | 5887157 | 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 | 710452 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 856314 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 518667 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2696260 | OtherExpensePriorYear |
| Other Expenses Current Year | 2977168 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 3406712 | TotalExpensesPriorYear |
| Total Expenses Current Year | 3833482 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 710004 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 2053675 | RevenuesLessExpensesCY |
| Total Assets BOY | 16015682 | TotalAssetsBOY |
| Total Assets EOY | 18881724 | TotalAssetsEOY |
| Total Liabilities BOY | 4465 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 320225 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 16011217 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 18561499 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE MUSIC TO RESIDENTS AND VISITORS OF THE JACKSON HOLE WYOMING AREA. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 3190742 | Expense |
| Revenue | 528376 | Revenue |
| Description | CONCERTS, INCLUDING CHAMBER MUSIC, SOLOISTS AND SYMPHONY ORCHESTRAS THROUGH THE SUMMER SEASON | Description |
| Total Program Service Expense | 3190742 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| 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 | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | 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 | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | 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 | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | 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 | 322 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 25 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| 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 |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 50 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 50 | 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 | GRAND TETON MUSIC FESTIVAL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3077333050 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4015 NORTH LAKE CREEK DRIVE 100 | AddressLine1 |
| City | WILSON | City |
| State | WY | State |
| ZIP Code | 83014 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (50 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| CHUCK BAKER | |||||||
| GTMF BOARD LIAISON | 0.00 | X | 0 | 0 | 0 | ||
| KENNETH BEGELMAN | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| MERT BELL III | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| FRANK BELLINGHIERE | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| PETER BENOLIEL | |||||||
| VP - ARTISTIC | 0.00 | X | 0 | 0 | 0 | ||
| LYNNE CHENEY | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| CHRISTINE COLEMAN | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| JOHN COSTELLO | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| PETER COXHEAD | |||||||
| VP - EDUCATION & OUTREACH | 0.00 | X | 0 | 0 | 0 | ||
| MARK DAVERIN | |||||||
| VP - MARKETING | 0.00 | X | 0 | 0 | 0 | ||
| LARRY FINCH | |||||||
| VP - INVESTMENTS | 0.00 | X | 0 | 0 | 0 | ||
| O'ANN FREDSTROM | |||||||
| VP - STRATEGIC PLANNING | 0.00 | X | 0 | 0 | 0 | ||
| LYNNE FRITZ | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| BAIRD GARRETT | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| JIM GERSACK | |||||||
| VP - FACILITIES | 0.00 | X | 0 | 0 | 0 | ||
| JOAN GOLDFARB | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| CARL GOLDFISCHER | |||||||
| JHWA CHAIRMAN | 0.00 | X | 0 | 0 | 0 | ||
| ROY GOODMAN | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| BOB GRAHAM | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| CHRIS HARTLEY | |||||||
| VP - DEVELOPMENT | 0.00 | X | 0 | 0 | 0 | ||
| JAYNE HILDE | |||||||
| NON-WINE PROCUREMENT CHAIR | 0.00 | X | 0 | 0 | 0 | ||
| AL HILDE JR | |||||||
| PAST PRESIDENT | 0.00 | X | 0 | 0 | 0 | ||
| DALE HILPERT | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| ED LIEBZEIT | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| ABIGAIL MOORE | |||||||
| VICE CHAIR - BRAVO! | 0.00 | X | 0 | 0 | 0 | ||
| SYLVIA NEIL | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| JOHN NYHEIM | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| JOE PALMER | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| BOB PAULSON | |||||||
| PAST PRESIDENT | 0.00 | X | 0 | 0 | 0 | ||
| LUCY RANKIN | |||||||
| AUXILIARY PRESIDENT | 0.00 | X | 0 | 0 | 0 | ||
| ARI RIFKIN | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| JERRY ROSE | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| DONALD RUNNICLES | |||||||
| MUSIC DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| MARTIN SCHURING | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| MARY SEILDER | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| STANLEY SEIDLER | |||||||
| 50TH ANNIVERSARY CHAIR | 0.00 | X | 0 | 0 | 0 | ||
| PETER SELKOWITZ | |||||||
| VP DEVELOPMENT | 0.00 | X | 0 | 0 | 0 | ||
| JOHN SHERMAN JR | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| AL SIMPSON | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| ALLAN TESSLER | |||||||
| WINE PROCUREMENT CO-CHAIR | 0.00 | X | 0 | 0 | 0 | ||
| BILL WEISS | |||||||
| PRIVATE DINNER CHAIR | 0.00 | X | 0 | 0 | 0 | ||
| JOHN WHITMORE | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| GAIL WILLIAMS | |||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | ||
| JIM WUNSCH | |||||||
| VP - MUSIC IN THE HOLE | 0.00 | X | 0 | 0 | 0 | ||
| NONA YEHIA | |||||||
| CHAIR - BRAVO! | 0.00 | X | 0 | 0 | 0 | ||
| DAVID AUGE | |||||||
| PAST PRESIDENT | 0.00 | 0 | 0 | 0 | X | ||
| RICK PALMER | |||||||
| TREASURER | 0.00 | 0 | 0 | 0 | X | ||
| CRAIG SCHWENDER | |||||||
| SECRETARY | 0.00 | 0 | 0 | 0 | X | ||
| MARGOT WALK | |||||||
| PRESIDENT | 0.00 | 0 | 0 | 0 | X | ||
| TRACY JACOBSON | |||||||
| EXECUTIVE DIRECTOR | 40.00 | 112000 | 0 | 12628 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 112000 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 12628 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | 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 | DONALD RUNNICLES | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 170 - 27TH AVENUE | AddressLine1 |
| City | SAN FRANCISCO | City |
| State | CA | State |
| ZIP Code | 94121 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | MUSIC CONDUCTOR | DescriptionOfServices |
| Compensation | 114250 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| All Other Contributions | 3834333 | AllOtherContributions |
| Noncash Contributions | 1191523 | NoncashContributions |
| Total Contributions | 3834333 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | CONCERT TICKET SALES | Description |
| Business Code | 711300 | BusinessCode |
| Total Revenue Column | 528376 | TotalRevenueColumn |
| Related Or Exempt Function Income | 528376 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 528376 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 220800 | TotalRevenueColumn |
| Exclusion | $220,800 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 18236 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 18236 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 18236 | TotalRevenueColumn |
| Exclusion | $18,236 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2801033 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2638643 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 162390 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 162390 | TotalRevenueColumn |
| Exclusion | $162,390 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 1782143 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 1214282 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 567861 | TotalRevenueColumn |
| Exclusion | $567,861 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INSURANCE PROCEEDS | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 555161 | TotalRevenueColumn |
| Exclusion | $555,161 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 555161 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5887157 | TotalRevenueColumn |
| Related Or Exempt Function Income | 528376 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,524,448 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 124628 | Total |
| Program Services | 112165 | ProgramServices |
| Management And General | 12463 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 594788 | Total |
| Program Services | 444689 | ProgramServices |
| Management And General | 44505 | ManagementAndGeneral |
| Fundraising | 105594 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19683 | Total |
| Program Services | 16615 | ProgramServices |
| Management And General | 870 | ManagementAndGeneral |
| Fundraising | 2198 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34603 | Total |
| Program Services | 28896 | ProgramServices |
| Management And General | 1214 | ManagementAndGeneral |
| Fundraising | 4493 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 82612 | Total |
| Program Services | 56080 | ProgramServices |
| Management And General | 5337 | ManagementAndGeneral |
| Fundraising | 21195 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14578 | Total |
| Program Services | 12392 | ProgramServices |
| Management And General | 1457 | ManagementAndGeneral |
| Fundraising | 729 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16741 | Total |
| Program Services | 14229 | ProgramServices |
| Management And General | 1675 | ManagementAndGeneral |
| Fundraising | 837 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1264511 | Total |
| Program Services | 1123445 | ProgramServices |
| Fundraising | 141066 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 441815 | Total |
| Program Services | 274960 | ProgramServices |
| Fundraising | 166855 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 75199 | Total |
| Program Services | 63919 | ProgramServices |
| Management And General | 3760 | ManagementAndGeneral |
| Fundraising | 7520 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12548 | Total |
| Program Services | 7241 | ProgramServices |
| Management And General | 719 | ManagementAndGeneral |
| Fundraising | 4588 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 119085 | Total |
| Program Services | 99314 | ProgramServices |
| Management And General | 10669 | ManagementAndGeneral |
| Fundraising | 9102 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 240548 | Total |
| Program Services | 182368 | ProgramServices |
| Management And General | 12623 | ManagementAndGeneral |
| Fundraising | 45557 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10972 | Total |
| Program Services | 9666 | ProgramServices |
| Management And General | 550 | ManagementAndGeneral |
| Fundraising | 756 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 413340 | Total |
| Program Services | 388540 | ProgramServices |
| Management And General | 24800 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48293 | Total |
| Program Services | 39992 | ProgramServices |
| Management And General | 2329 | ManagementAndGeneral |
| Fundraising | 5972 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| WALK FESTIVAL HALL & MU | 122470 | 122470 | ||
| EDUCATION & OUTREACH EX | 83842 | 80535 | 1102 | 2205 |
| MUSIC PROGRAM EXPENSES | 60147 | 60147 | ||
| MUSIC IN THE HOLE EXPEN | 53079 | 53079 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3833482 | Total |
| Program Services | 3190742 | ProgramServices |
| Management And General | 124073 | ManagementAndGeneral |
| Fundraising | 518667 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 706 | BOY |
| EOY | 706 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 256498 | BOY |
| EOY | 1281653 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 707538 | BOY |
| EOY | 762222 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 45608 | BOY |
| EOY | 39965 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 11786000 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 2718400 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6202534 | BOY |
| EOY | 9067600 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8799451 | BOY |
| EOY | 7726017 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3347 | BOY |
| EOY | 3561 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16015682 | BOY |
| EOY | 18881724 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4465 | BOY |
| EOY | 320225 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4465 | BOY |
| EOY | 320225 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12093204 | BOY |
| EOY | 13869073 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 540422 | BOY |
| EOY | 1303995 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3377591 | BOY |
| EOY | 3388431 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16011217 | BOY |
| EOY | 18561499 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16015682 | BOY |
| EOY | 18881724 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 2053675 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 496607 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | 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 | 4763245 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3890473 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4590735 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1624174 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3834333 | CurrentTaxYear |
| Total | 18702960 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 532748 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 515363 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 457118 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 294040 | CurrentTaxYearMinus1Year |
| Current Tax Year | 528376 | CurrentTaxYear |
| Total | 2327645 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 5295993 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4405836 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 5047853 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1918214 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4362709 | CurrentTaxYear |
| Total | 21030605 | 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 | 21030605 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 497355 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 622703 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 352774 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 235851 | CurrentTaxYearMinus1Year |
| Current Tax Year | 239036 | CurrentTaxYear |
| Total | 1947719 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 497355 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 622703 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 352774 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 235851 | CurrentTaxYearMinus1Year |
| Current Tax Year | 239036 | CurrentTaxYear |
| Total | 1947719 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 5793348 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 5028539 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 5400627 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2154065 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4601745 | CurrentTaxYear |
| Total | 22978324 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.91520 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.86100 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.08480 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.13900 | PriorYrInvestIncomePercentage |
| 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
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 93085 | OtherCostOrOtherBasis |
| Book Value | 93085 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10288873 | OtherCostOrOtherBasis |
| Depreciation | 2031549 | Depreciation |
| Book Value | 8257324 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1391712 | OtherCostOrOtherBasis |
| Depreciation | 679453 | Depreciation |
| Book Value | 712259 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 12330 | OtherCostOrOtherBasis |
| Depreciation | 7398 | Depreciation |
| Book Value | 4932 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 9067600 | TotalOfBookValueLandBuildings |
| Total Revenue | 5887157 | TotalRevenue |
| Total Expenses | 3833482 | TotalExpenses |
| Excess Or Deficit For Year | 2053675 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 496607 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 496607 | TotalAdjustments |
| Excess Or Deficit Per FS | 2550282 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 7535345 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 433906 | NetUnrealizedGainsInvestments |
| Other Revenues | 1214282 | OtherRevenues |
| Revenue Not Rptd F990 | 1648188 | RevenueNotRptdF990 |
| Revenue Subtotal | 5887157 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 5887157 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 5047764 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 1214282 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 1214282 | ExpensesNotRptdF990 |
| Expenses Subtotal | 3833482 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 3833482 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | SCHEDULE D PART XII 2D & PART XIII 2D -FUNDRAISING RAISING EXPENSES $1,214,282 INCLUDED IN EXPENSES ON FINANCIAL STATEMENTS IN REVENUE ON 990. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | WINE AUCTION | NameOfEvent1 |
| Gross Receipts Event1 | 1676299 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 1676299 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 9102 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 524826 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 12428 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 561205 | OtherDirectExpensesEvent1 |
| Name Of Event2 | BRAVO/MRKTNG | NameOfEvent2 |
| Gross Receipts Event2 | 105844 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 105844 | GrossRevenueEvent2 |
| Rent Facility Costs Event2 | 3293 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 8740 | FoodAndBeverageEvent2 |
| Entertainment Event2 | 3329 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 91359 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 1782143 | GrossReceiptsTotal |
| Gross Revenue Total Events | 1782143 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 12395 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 533566 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 15757 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 652564 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 1214282 | DirectExpenseSummaryEvents |
| Net Income Summary | 567861 | NetIncomeSummary |
Schedule M IRS990ScheduleM
Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|
| X | WINE LOTS | 965417 | FMV |
| X | EVENT ITEMS | 226106 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | THIRD PARTY USE: | Identifier |
| Return Reference | PART I, LINE 32B: | ReturnReference |
| Explanation | ANY STOCK DONATIONS THAT ARE MADE GET SENT DIRECTLY TO A BROKER WHO SELLS THE SECURITIES AND DEPOSTIS THE FUNDS (LESS ANY FEES) INTO CASH OPERSTING FUND HELD BY THE GRAND TETON MUSIC FESTIVAL. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | A COPY IS PROVIDED AND APPROVED BY THE EXECUTIVE DIRECTOR AND BOARD TREASURER. | |
| THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS REVIEWED AND APPROVED ANNUALLY BY THE EXECUTIVE BOARD COMMITTE. | FORM 990, PART VI, SECTION B, LINE 15 | |
| GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. CERTAIN WEBSITES LIKE CHARITY NAVIGATOR FOR EXAMPLE WILL DISPLAY THE 990 TAX RETURN INFORMATION UPON FILING. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 496,607. AFTER FILING THE 990 TAX RETURN FOR THE YEAR 2009 AND BEFORE THE 2009 AUDITED FINANCIAL STATEMENTS WERE COMPLETE THERE WERE SOME PRIOR PERIOD ADJUSTMENTS NECESSARY TO CORRECT THE AMOUNTS SHOWN FOR ACCRUED INTEREST, SOME RECLASS ENTRIES FOR INVESTMENT DIFFERENCES, AND UNREALIZED GAINS WERE HANDLED DIFFERENTLY ON PRIOR YEAR TAX RETURNS. THIS EXPLAINS THE $496,607 CHANGE IN NET ASSETS. | FORM 990, PART XI, LINE 5: |
| LATE FILING EXPLANATION | THE ORIGINAL RETURN WAS PAPER FILED BY THE EXTENDED DUE DATE OF NOVEMBER 15, 2011. THE 990 WAS PREPARED BY A NEW ACCOUNTANT FOR THE ORGANIZATION AND THEY WERE NOT AWARE OF THE FILING OF 1099S HAD CAUSED THE ELECTRONIC FILING REQUIREMENT. ONLY UPON RECEIVING A NOTICE FROM THE IRS WAS THE ORGANIZATION MADE AWARE THAT THE RETURN HAD NOT BEEN ACCEPTED BY THE IRS. THE ORGANIZATION IS NOW ELECTRONICALLY FILING THE RETURN TO CORRECT THIS MATTER. BECAUSE THE ORGANIZATION ATTEMPTED TO FILE THE RETURN ON TIME WE REQUEST THAT ANY LATE FILING FEES BE ABATED. |
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