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Bravo Colorado at Beaver Creek-Vail

Also known as Bravo Vail Valley Music Festival

Vail, CO · EIN 84-1074065 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending September 30, 2024 (tax year 2023) · View the filing · Correct or respond

Bravo Colorado at Beaver Creek-Vail reported $12.6 million in revenue and $11.5 million in expenses for the fiscal year ending September 30, 2024. Of every $100 it spent, $83.39 went to program services, $7.53 to management and general costs and $9.08 to fundraising. Its largest source of revenue was contributions and grants: 64.4% of the total. The highest compensation it reported for one person was $301,102 (EXECUTIVE DIRECTOR). 8 people received more than $100,000 in reportable compensation. Revenue rose 155% between FY2020 and FY2024. Source: Form 990, FY2024.

Where $100 of spending went

The fiscal year ending September 30, 2024 · Form 990, Part IX, line 25 · total expenses $11M

For 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

The fiscal year ending September 30, 2024 · Form 990, Part VIII · total revenue $13M

The 990 scorecard · same measures for every charity, no grades

FY2024 filing. Median across 876 covered charities in this category, from their latest filings.
MeasureFY2024Median
Program services
Part IX 25(B) ÷ 25(A)
83.4%78.5%
Management & general
Part IX 25(C) ÷ 25(A)
7.5%13.6%
Fundraising
Part IX 25(D) ÷ 25(A)
9.1%6.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.13$0.10
Contributions & grants share of revenue
Part VIII 1h ÷ 12
64.4%57.5%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.7%
Program service revenue share
Part VIII 2g ÷ 12
18.7%20.8%
Highest reported compensation
Part VII-A, columns D–F
$301,102$385,706
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.62%2.03%
People paid over $100,000
Part VII, line 2
88
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
12.436.6
Independent voting board members
Part VI 1a–1b
37 of 37100.0%

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

FY2024 · Form 990, Part III · the three largest programs by expense
$9.6M expenses · 100.0% of program spending · revenue $4.4M

Presentation and sponsorship of musical concerts and performing arts for the citizens and visitors of the entire vail valley

Highest reported compensation

FY2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXECUTIVE DIRECTOR
Officer, 40.00 hrs/week
$281,300$0$19,802$301,102
VP OF PHILANTROPY
Key employee, 40.00 hrs/week
$179,625$0$18,218$197,843
VP OF FINANCE & HUMAN RESOURCES
Key employee, 40.00 hrs/week
$167,012$0$17,770$184,782
SVP OF INSTITUTION ADVANCEMENT
Key employee, 40.00 hrs/week
$173,100$0$0$173,100
SR. DIRECTOR OF DEVELOPMENT
Highest compensated employee, 40.00 hrs/week
$128,750$0$7,125$135,875
SR DIRECTOR OF MARKETING
Highest compensated employee, 40.00 hrs/week
$119,500$0$6,570$126,070
OPERATIONS DIRECTOR
Highest compensated employee, 40.00 hrs/week
$109,750$0$14,445$124,195
DIRECTOR OF BUSINESS INTELLIGENCE AND SYSTEMS
Highest compensated employee, 40.00 hrs/week
$113,875$0$9,818$123,693

8 people received more than $100,000 in reportable compensation from Bravo Colorado at Beaver Creek-Vail (Part VII, line 2).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024$13M$11M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2024 ⓘ$13M$11M83.4%$12M$301,102
FY2023 ⓘ$10.0M$11M84.4%$11M$287,949
FY2022 ⓘ$12M$9.3M81.8%$12M$288,324
FY2021 ⓘ$9.6M$8.1M93.2%$11M$289,124
FY2020 ⓘ$4.9M$3.9M64.6%$3.9M$272,972

Governance answers, as filed

FY2024 · 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–1b37 · 37 independent
  • Audited financial statements Part XII 2bNo
  • 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 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 552
  • Volunteers Part I, line 693

Private foundation grants it received

49 private foundations reported grants to Bravo Colorado at Beaver Creek-Vail totaling $1.7M 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 Bravo Colorado at Beaver Creek-Vail's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Bravo Colorado at Beaver Creek-Vail, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All arts, culture & humanities charities · Largest charities in Colorado

Questions people ask

How much of Bravo Colorado at Beaver Creek-Vail's spending goes to programs?

In the fiscal year ending September 30, 2024, Bravo Colorado at Beaver Creek-Vail reported that 83.4% of its $11.5 million in expenses went to program services, 7.5% to management and general and 9.1% to fundraising (Form 990, Part IX).

How much does Bravo Colorado at Beaver Creek-Vail pay its top executive?

The largest total compensation Bravo Colorado at Beaver Creek-Vail reported for one person in the fiscal year ending September 30, 2024 was $301,102, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Bravo Colorado at Beaver Creek-Vail get its money?

Of $12.6 million in revenue in the fiscal year ending September 30, 2024, 64.4% came from contributions and grants and 18.7% from program service revenue (Form 990, Part VIII).

Is Bravo Colorado at Beaver Creek-Vail a registered charity?

The IRS lists EIN 84-1074065 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202512249349301606 · read the filing · XML
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202411989349300401 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202332279349304633 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202232919349300548 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202112379349301171 · read the filing

All filings for EIN 84-1074065: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.