Bravo Colorado Music Festival Endowment Foundation is located in Vail, CO. The organization was established in 1998. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bravo Colorado Music Festival Endowment Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2020, Bravo Colorado Music Festival Endowment Foundation generated $19.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (18.7%) each year. All expenses for the organization totaled $102.1k during the year ending 09/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE BRAVO! COLORADO MUSIC FESTIVAL ENDOWMENT FOUNDATION HAS BEEN CREATED TO MAINTAIN THE LONG-TERM FINANCIAL STABILITY OF MUSIC APPRECIATION WITHIN THE VAIL VALLEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTED THE BRAVO! COLORADO AT BEAVER CREEK/VAIL DBA VAIL VALLEY MUSIC FESTIVAL, A 501(C)3 ORGANIZATION DEDICATED TO PRESENTING AND SPONSORING MUSICAL EVENTS IN THE VAIL VALLEY
SUPPORTED THE BRAVO! COLORADO AT BEAVER CREEK/VAIL DBA VAIL VALLEY MUSIC FESTIVAL, A 501(C)3 ORGANIZATION DEDICATED TO PRESENTING AND SPONSORING MUSICAL EVENTS IN THE VAIL VALLEY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Caitlin Murray Exective Director | Officer | 5 | $0 |
Monica White VP Of Finance & Admin | Officer | 5 | $0 |
Greg Walton Chair | Trustee | 1 | $0 |
Tim Dalton Vice Chair | Trustee | 1 | $0 |
Hank Gutman Secretary | Trustee | 1 | $0 |
Byron Rose Treasurer | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Investment income | $19,524 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $19,524 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $50,113 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $102,062 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $206,057 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Investments—publicly traded securities | $6,230,494 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $6,436,551 |
Accounts payable and accrued expenses | $0 |
Grants payable | $468,838 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $468,838 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $5,967,713 |
Over the last fiscal year, we have identified 3 grants that Bravo Colorado Music Festival Endowment Foundation has recieved totaling $77,674.
Awarding Organization | Amount |
---|---|
Jewish Community Foundation Of Greater Kansas City Overland Park, KS PURPOSE: General support | $51,500 |
Mcdonald-Wright Foundation Avon, CO PURPOSE: TO FURTHER THE APPRECIATION OF THE PERFORMING ARTS | $14,174 |
Rose Community Foundation Denver, CO PURPOSE: General Operating Support | $12,000 |
Beg. Balance | $6,050,253 |
Earnings | -$30,589 |
Admin Expense | $1,951 |
Other Expense | $50,000 |
Ending Balance | $5,967,713 |
Organization Name | Assets | Revenue |
---|---|---|
Oklahoma City National Memorial Foundation Oklahoma City, OK | $43,932,179 | $4,892,726 |
Friends Of Public Radio Arizona Tempe, AZ | $7,510,291 | $7,440,783 |
Denver Art Museum Foundation Denver, CO | $207,954,853 | $33,249,188 |
Friends Of Oeta Inc Oklahoma City, OK | $52,803,812 | $14,188,991 |
Opas Foundation Omaha, NE | $216,930,638 | $54,646,266 |
Museum Of New Mexico Foundation Santa Fe, NM | $51,964,866 | $8,605,972 |
Dmns Foundation Denver, CO | $168,202,725 | $31,941,607 |
Clyfford Still Museum Foundation Denver, CO | $160,969,221 | $5,009,227 |
Science Museum Oklahoma Affiliated Fund Of Occf Inc Oklahoma City, OK | $67,323,215 | $1,438,504 |
Helen G Bonfils Foundation Denver, CO | $34,648,703 | $452,300 |
Phoenix Art Museum Endowment Fund Inc Phoenix, AZ | $32,304,336 | $805,868 |
Great Platte River Road Memorial Foundation Kearney, NE | $17,944,245 | $1,032,269 |