Bravo Colorado Music Festival Endowment Foundation

Organization Overview

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.

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


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Financial Statements

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

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Bravo Colorado Music Festival Endowment Foundation has recieved totaling $77,674.

Awarding OrganizationAmount
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
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$6,050,253
Earnings-$30,589
Admin Expense$1,951
Other Expense$50,000
Ending Balance$5,967,713

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