BRAVO COLORADO AT BEAVER CREEK-VAIL INC DBA BRAVO VAIL VALLEY MUSIC FESTIVAL Charity Report

Public IRS 990 nonprofit record

BRAVO COLORADO AT BEAVER CREEK-VAIL INC DBA BRAVO VAIL VALLEY MUSIC FESTIVAL

EIN 84-1074065 · Arts, Culture & Humanities (A600)

What they do

ENRICHING PEOPLES LIVES THROUGH THE POWER of MUSIC.*PRODUCING THE FINEST PERFORMANCES BY THE GREATEST ARTISTS*FOSTERING MUSIC EDUCATION, AND*PROMOTING A LIFE-LONG APPRECIATION for THE ARTS

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $83.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders45 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

76.01%of revenue went to mission work83.4% of expenses · Program services

8.28%of revenue went to fundraising9.1% of expenses

$91.14spent for every $100 of revenueRevenue covered expenses this year.

6.86%of revenue went to management and office costs7.5% of expenses

$1.15in assets for every $1 spent this yearSome assets cannot be spent right away.

64.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $301,102 for CAITLIN MURRAY (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$12,586,857

Mission workProgram services$9,566,70076.01% of revenue83.4% of expenses

ManagementOffice and general costs$863,1446.86% of revenue7.5% of expenses

FundraisingAsking for donations$1,041,8348.28% of revenue9.1% of expenses

Revenue left after expensesReported annual surplus$1,115,1798.86% of revenueShown in gray on the chart

Total expenses$11,471,67891.14% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 83.4% mission · 7.5% management · 9.1% fundraisingTotal expenses: 91.14% of revenue

2022Expense mix: 84.4% mission · 7.0% management · 8.6% fundraisingTotal expenses: 107.88% of revenue

2021Expense mix: 81.8% mission · 8.7% management · 9.5% fundraisingTotal expenses: 80.53% of revenue

2020Expense mix: 93.2% mission · 1.3% management · 5.4% fundraisingTotal expenses: 84.44% of revenue

2019Expense mix: 64.6% mission · 17.4% management · 18.1% fundraisingTotal expenses: 79.81% of revenue

2017Expense mix: 71.8% mission · 20.7% management · 7.5% fundraisingTotal expenses: 85.87% of revenue

2016Expense mix: 71.8% mission · 19.9% management · 8.2% fundraisingTotal expenses: 111.87% of revenue

2015Expense mix: 63.0% mission · 28.2% management · 8.8% fundraisingTotal expenses: 104.52% of revenue

Money in and money out

Revenue$12,586,857

Expenses$11,471,678

Annual surplus $1,115,179 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$9,566,700 · 83.4% of expenses

Management and office costs$863,144 · 7.5% of expenses

Fundraising$1,041,834 · 9.1% of expenses

See all reported dollar amounts

Revenue$12,586,857

Expenses$11,471,678

Assets$13,144,272

Income$12,603,962

Contributions$8,108,154

Mission work (program services)$9,566,700

Fundraising$1,041,834

Management and general$863,144

Stocks and bonds$5,508,206

Accounting fees$29,325

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CAITLIN MURRAYEXECUTIVE DIRECTOR · 40 hrs/week $301,102Base $281,300 · Other $19,802

JASON DENHARTVP OF PHILANTROPY · 40 hrs/week $197,843Base $179,625 · Other $18,218

MONICA WHITEVP OF FINANCE & HUMAN RESOURCES · 40 hrs/week $184,782Base $167,012 · Other $17,770

RONDA HELTONSVP OF INSTITUTION ADVANCEMENT · 40 hrs/week $173,100

JACQUELYN ERNSTSR. DIRECTOR OF DEVELOPMENT · 40 hrs/week $135,875Base $128,750 · Other $7,125

PARKER OWENSR DIRECTOR OF MARKETING · 40 hrs/week $126,070Base $119,500 · Other $6,570

ELLI MONROEOPERATIONS DIRECTOR · 40 hrs/week $124,195Base $109,750 · Other $14,445

DAVID JUDDDIRECTOR OF BUSINESS INTELLIGENCE AND SYSTEMS · 40 hrs/week $123,693Base $113,875 · Other $9,818

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (45)

CAITLIN MURRAYEXECUTIVE DIRECTOR

JASON DENHARTVP OF PHILANTROPY

MONICA WHITEVP OF FINANCE & HUMAN RESOURCES

RONDA HELTONSVP OF INSTITUTION ADVANCEMENT

JACQUELYN ERNSTSR. DIRECTOR OF DEVELOPMENT

PARKER OWENSR DIRECTOR OF MARKETING

ELLI MONROEOPERATIONS DIRECTOR

DAVID JUDDDIRECTOR OF BUSINESS INTELLIGENCE AND SYSTEMS

KATE MITCHELLBOARD MEMBER

JOHN DAYTONBOARD MEMBER

KATHLEEN ECKBOARD MEMBER

LAURIE MULLENBOARD MEMBER

LINDA HARTBOARD MEMBER

MARGERY PABST STEINMETZBOARD MEMBER

MARK GORDONBOARD MEMBER

MARLYS PALUMBOBOARD MEMBER

MIKE RUSHMOREBOARD MEMBER

PAUL BECKERBOARD MEMBER

PAUL ROSSETTITREASURER

PETER KITCHAKBOARD MEMBER

RANDY SMITHBOARD MEMBER

SARAH BENJESBOARD MEMBER

SARAH MILLETTBOARD MEMBER

STEVE POPEBOARD MEMBER

TOM RADERBOARD MEMBER

DAN GODECBOARD MEMBER

ANN HICKSBOARD MEMBER

BARRY BERACHABOARD MEMBER

BETH SLIFERBOARD MEMBER

BILL BURNSBOARD MEMBER

BYRON ROSESECRETARY

CAROL CEBRONBOARD MEMBER

CAROLE SEGALBOARD MEMBER

CATHY STONEBOARD MEMBER

COOKIE FLAUMBOARD MEMBER

KALMON POSTBOARD MEMBER

DIANE LOOSBROCKVICE CHAIR

DOUG TANSILBOARD MEMBER

FRED HESSLERBOARD MEMBER

FRED KUSHNERBOARD MEMBER

HARRY GUTMANCHAIR

JERIS ROMEOBOARD MEMBER

ALAN KOSLOFFBOARD MEMBER

JOHN MAGEEBOARD MEMBER

JULIE ESREYBOARD MEMBER

About this charity

Recognized since: January 1989
Location: 2271 N FRONTAGE RD W STE C, VAIL, CO 81657-3920
County: Eagle
In care of: MARK FENSTERMACHER
Primary officer: MARK FENSTERMACHER, CFO

How to reach them

WebsiteVisit the charity’s website Emailticketing@bravovail.org Phone(970) 827-5700

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: MCMAHAN AND ASSOCIATES LLC
NTEE classification: Arts, Culture & Humanities (A600)