Bravo Colorado at Vail-Beaver Creek EIN 84-1074065

Bravo Colorado at Vail-Beaver Creek

EIN  84-1074065 Public charity (501(c)(3)) Vail, CO Founded 1987
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 7/21/26 · see original filing: IRS
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Size
$10–100M
What they do
Presents and sponsors musical concerts and performing arts for the Vail Valley.
Leadership
Caitlin Murray · Executive Director · $281K
Money in and out
$12.6M revenue, $11.5M expenses
Bottom line
83% program efficiency

Presents and sponsors musical concerts and performing arts for the Vail Valley. For fiscal year 2024 it reported $12.6M in revenue, $11.5M in expenses, and $11.9M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$12.6M
Pt VIII · Ln 12
Total expenses
$11.5M
Pt IX · Ln 25
Net assets
$11.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $1.1M
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.08 Fundraising $0.09
Program efficiency
83%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
13.5mo
months of highly liquid reserves at operating expense rate▲ +8% vs prior filing year
Surplus margin
+9%
revenue over expenses, this year▲ +212% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$12.6M
FY2024▲ +26%
Expenses
$11.5M
FY2024▲ +7%
Total assets
$13.1M
FY2024▲ +10%
Total liabilities
$1.3M
FY2024▲ +10%
Total revenue
$12.6M
Pt VIII · Ln 12
Total expenses
$11.5M
Pt IX · Ln 25
Net assets
$11.9M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$1.1M
Total assetsPt X · Ln 16$13.1M
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 337
Independent voting membersPt I · Ln 437
Mission & Programs · Part III

Where the work happens

1 program service account for $9.6M of program spending, described in the organization's own filed words · FY2023.
01

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

$9.6Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBravo Colorado at Vail-Beaver Creek
EINHdr · item D84-1074065
Principal addressHdr · item CVail, CO
WebsiteHdr · item Jwww.bravovail.org
Year of formationHdr · item L1987
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A600)
Ruling yearIRS BMFJun 1989

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a37
Independent voting membersPt VI · Ln 1b37
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$281,300Pt VII · Sec A
VP of Philantropy
$179,625Pt VII · Sec A
SVP of Institution Advancement
$173,100Pt VII · Sec A
VP of Finance & Human Resources
$167,012Pt VII · Sec A
SR. Director of Development
$128,750Pt VII · Sec A
SR Director of Marketing
$119,500Pt VII · Sec A
Director of Business Intelligence and Systems
$113,875Pt VII · Sec A
Operations Director
$109,750Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2020
Caitlin Murray$281,300$267,600$271,250$255,000
Ronda Helton$173,100$215,300$209,350
Jason Denhart$179,625$173,065$159,283$144,176
Monica White$167,012$159,944$157,392$164,610
Jacquelyn Ernst$128,750
Parker Owen$119,500
David Judd$113,875
Elli Monroe$109,750

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$8.1M · 64%
Program service revenue$2.3M · 19%
Investment income$1.9M · 15%
Other revenue$260K · 2%
Contributions & grants64%$8.1M
Program service revenue19%$2.3M
Investment income15%$1.9M
Other revenue2%$260K
Total revenueLn 12$12.6M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.08 Fundraising $0.09
Program services83%$9.6M
Management & general8%$863K
Fundraising9%$1.0M
Total functional expensesLn 25$11.5M

Balance Sheet

Part X · end of year
CashLn 1$996K
Total assetsLn 16$13.1M
Total liabilitiesLn 26$1.3M
Total net assetsLn 32$11.9M
Months of cash on handcomputed1.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $11.8M · Operating expenses (Pt IX) $11.5M · Less non-cash grants $931K · Cash operating expenses/yr $10.5M
13.5 months
Where the money goes
Program services
Program services $9.6M · Total expenses $11.5M
83%
Management & General
Management & general $863K · Total expenses $11.5M
8%
Fundraising
Fundraising $1.0M · Total expenses $11.5M
9%
Cost to raise $1
Fundraising expense (3-yr avg) $953K · Solicited contributions (3-yr avg) $7.4M
$0.13 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $8.1M · Total revenue $12.6M
64%
Government reliance
Government grants — · Total revenue $12.6M
Earned-income share
Program service revenue $2.3M · Total revenue $12.6M
19%
Investment reliance
Investment income $1.9M · Total revenue $12.6M
+15%
Program self-sufficiency
Program service revenue $2.3M · Total expenses $11.5M
20%
Growth & trend
Revenue growth (YoY)
This year $12.6M · Prior year $10.0M
+26%
Revenue CAGR
FY2019 $4.9M · FY2023 $12.6M
+26%
Net-asset trend (YoY)
End of year $11.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $12.6M · Expenses $11.5M
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $13.1M
Net-asset ratio
Net assets $11.9M · Total assets $13.1M
90%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $5.5M · Other securities (Pt X, ln 12) $5.3M · Total assets (Pt X, ln 16) $13.1M
82%
People & payroll
Highest Reported Total Compensation
Individual Caitlin Murray · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $281K · Total expenses $11.5M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.3M · Total expenses $11.5M
20%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 8%
Fundraising cost ratio 13%
Revenue growth 26%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 2 funders$18K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$12.6M revenue · viewing · ⤓ 990 PDF
FY2023$10.0M revenue · ⤓ 990 PDF
FY2022$11.6M revenue · ⤓ 990 PDF
FY2021$9.6M revenue · ⤓ 990 PDF
FY2020$4.9M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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