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Grand Teton Music Festival
Grand Teton Music Festival reported $15.4 million in revenue and $6.8 million in expenses for calendar year 2024. Of every $100 it spent, $63.61 went to program services, $21.51 to management and general costs and $14.88 to fundraising. Its largest source of revenue was contributions and grants: 85.9% of the total. The highest compensation it reported for one person was $344,252 (EXECUTIVE DIRECTOR). 5 people received more than $100,000 in reportable compensation. Revenue rose 339% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $6.8MFor context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $15MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 63.6% | 78.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 21.5% | 13.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 14.9% | 6.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.08 | $0.10 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 85.9% | 57.5% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.1% | 1.7% |
| Program service revenue share Part VIII 2g ÷ 12 | 6.9% | 20.8% |
| Highest reported compensation Part VII-A, columns D–F | $344,252 | $385,706 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 5.09% | 2.03% |
| People paid over $100,000 Part VII, line 2 | 5 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 56.7 | 36.6 |
| Independent voting board members Part VI 1a–1b | 23 of 23 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseGtmf shared exhilarating musical experiences with 20,000 audience members through presentations of symphonic, chamber and non-classical music performances. In addition, gtmf produced 40+ free musical experiences for audiences of all ages at 20+ locations in the local community
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| EXECUTIVE DIRECTOR Officer, 60.0 hrs/week | $304,849 | $0 | $39,403 | $344,252 |
| MUSIC DIRECTOR Officer, 15.0 hrs/week | $236,500 | $0 | $0 | $236,500 |
| DIRECTOR OF DEVELOPMENT Key employee, 50.0 hrs/week | $157,214 | $0 | $26,730 | $183,944 |
| DIRECTOR OF FINANCE & ADMINISTRATION Highest compensated employee, 40.0 hrs/week | $147,097 | $0 | $21,765 | $168,862 |
| GENERAL MANAGER Highest compensated employee, 40.0 hrs/week | $150,000 | $0 | $7,250 | $157,250 |
5 people received more than $100,000 in reportable compensation from Grand Teton Music Festival (Part VII, line 2). Compensation of current officers, directors and key employees totaled $765K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b23 · 23 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 523
- Volunteers Part I, line 6113
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| HAMMEL GREEN AND ABRAHAMSON INC Architectural services | $862,065 |
| THE COMPASS GROUP Fundraising consultant | $270,000 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Private foundation grants it received
20 private foundations reported grants to Grand Teton Music Festival totaling $420K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Grand Teton Music Festival's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Grand Teton Music Festival, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Grand Teton Music Festival spent in 2024, $63.61 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Washington Pavilion ManagementSioux Falls, SD · revenue $15M · programs 84.8% · FY2025
- Performing Arts FoundationWausau, WI · revenue $15M · programs 79.5% · FY2025
- Aurora Humanitarian Initiative FoundationCambridge, MA · revenue $15M · programs 87.4% · 2024
- South Street Theater CompanyMorristown, NJ · revenue $15M · programs 83.0% · FY2025
- Joshua M Freeman FoundationSelbyville, DE · revenue $15M · programs 91.6% · 2024
All arts, culture & humanities charities · Largest charities in Wyoming
Questions people ask
How much of Grand Teton Music Festival's spending goes to programs?
In calendar year 2024, Grand Teton Music Festival reported that 63.6% of its $6.8 million in expenses went to program services, 21.5% to management and general and 14.9% to fundraising (Form 990, Part IX).
How much does Grand Teton Music Festival pay its top executive?
The largest total compensation Grand Teton Music Festival reported for one person in calendar year 2024 was $344,252, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Grand Teton Music Festival get its money?
Of $15.4 million in revenue in calendar year 2024, 85.9% came from contributions and grants (including 0.1% from government grants) and 6.9% from program service revenue (Form 990, Part VIII).
Is Grand Teton Music Festival a registered charity?
The IRS lists EIN 23-7034152 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202502889349302960 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202432989349300808 · read the filing
- 2022: Form 990 for calendar year 2022, object 202313149349304921 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223119349301967 · read the filing
- 2020: Form 990 for calendar year 2020, object 202132939349300618 · read the filing
- 2019: Form 990 for calendar year 2019, object 202002909349300625 · read the filing
All filings for EIN 23-7034152: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.