Overview
What is Vail Valley Foundation?
The Vail Valley Foundation, based in Avon, Colorado (PO Box 6550), is a nonprofit organization dedicated to enriching the lives of residents and showcasing the Vail Valley community to a global audience. They achieve this mission through arts, athletics, and education. The foundation is well-known for hosting the annual Vail Dance Festival at the Gerald R. Ford Amphitheater. This event brings together international dance couples and ensembles from renowned companies, including the American Ballet Theatre. The festival aims to broaden the appreciation and accessibility of dance in the Vail Valley community, offering a diverse range of performances each year. The Vail Valley Foundation employs a team of 203 individuals to make these endeavors possible.
Official website here: www.vvf.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 93%
The Vail Valley Foundation holds a notable Four-Star out of Four Star rating from Charity Navigator, reflecting its strong financial health and transparency. With an impressive accountability score of 93%, the organization demonstrates a commitment to governance, featuring a fully independent board and robust oversight mechanisms. The foundation’s effective management of program expenses, with nearly 78% directed towards its programs, highlights its dedication to fulfilling its mission.
User feedback from Great Nonprofits further emphasizes the positive impact of the foundation's programs. A reviewer shared a heartfelt experience related to a community show, praising the safe environment provided for participants to express their talents. This anecdote underscores the foundation's role in enriching community engagement through the arts.
While the foundation appears to maintain a strong financial position, with a low liabilities-to-assets ratio and efficient fundraising, ongoing monitoring of its financial strategies will be essential for sustaining its programs in the future. Overall, the Vail Valley Foundation is well-regarded for its accountability, community impact, and support for the arts, making it a valuable asset to the region.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Vail Valley Foundation legitimate?
Vail Valley Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vail Valley Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,483,639
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,834,509
For more financial information, click here
Official website here: www.vvf.org
What is the mission statement of Vail Valley Foundation?
The Vail Valley Foundation is dedicated to improving the quality of life in a community through the mediums of arts, athletics, and education. This organization was established with the goal of showcasing this community to a global audience. One of their key initiatives is the annual Vail Dance Festival, which brings together international dance companies and their performers for a series of engaging and varied performances. These events not only provide entertainment but also offer educational opportunities, broadening the appreciation and accessibility of dance within the community.
Official website here: www.vvf.org
Who is the CEO of Vail Valley Foundation?
Michael Imhof is the President/Chief Executive Officer of Vail Valley Foundation. The CEO's salary of Vail Valley Foundation is $358,510 and their total compensation is $388,600.
Official website here: www.vvf.org
What is the revenue of Vail Valley Foundation?
Vail Valley Foundation's revenue in 2022 was $18,789,291.
Official website here: www.vvf.org
Who are the executives of Vail Valley Foundation and what are their salaries?
The average compensation at Vail Valley Foundation during 2022 was $21,272. There are 203 employees and 962 volunteers at Vail Valley Foundation.
Here are 55 key members and their salaries (Vail Valley Foundation's CEO's salary is $358,510 and their total compensation is $388,600):
- Compensation: $358,510
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- Other: $30,090
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- Compensation: $240,954
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- Compensation: $258,357
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- Compensation: $218,018
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- Compensation: $188,961
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- Compensation: $121,375
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- Compensation: $131,419
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- Other: $14,771
- Compensation: $159,757
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- Other: $15,764
- Compensation: $133,126
- Related: $0
- Other: $14,544
Official website here: www.vvf.org
Where can I find the form 990 for Vail Valley Foundation?
Vail Valley Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vvf.org
Learn more at the official website: www.vvf.org
Mission Statement of Vail Valley Foundation
The Vail Valley Foundation is a renowned organization dedicated to enhancing the quality of life in the community and showcasing it to a global audience through arts, athletics, and education. In pursuit of its mission, this esteemed foundation presents the annual Vail Dance Festival. This event brings together international dance couples and ensembles from prestigious international companies, gracing the stage at the Gerald R. Ford Amphitheater. The performances, which change yearly, often feature guest artists from the American Ballet Theatre and other world-class companies. The festival serves not only to entertain but also to educate and expand the appreciation for dance in the Vail community. By hosting such world-class events, the Vail Valley Foundation plays a vital role in positioning the community on a global stage.
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Impact
October, 2024
The Vail Valley Foundation significantly enhances the quality of life in the Vail Valley by showcasing arts, athletics, and education, which in turn highlights the community to a global audience. One of its hallmark initiatives is the Vail Dance Festival, an annual event that features performances by renowned international couples and ensembles from major dance companies. Held at the picturesque Gerald R. Ford Amphitheater, the festival frequently includes guest artists from prestigious institutions such as the American Ballet Theatre, offering the community access to world-class performances.
Beyond entertainment, the festival plays a critical role in education and increasing the appreciation of dance within the local community. By providing opportunities for engagement with top-tier talent and facilitating educational experiences, the Vail Valley Foundation contributes to cultural enrichment and fosters a vibrant arts scene. This impact resonates throughout the region, bringing residents and visitors together and strengthening the community's identity through shared experiences in the arts.
This information is meant to be a general summary of Vail Valley Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $205,829
- Program Service Revenue: $7,306,507
- Gross Receipts: $19,675,880
Assets and Liabilities:
- Total Assets: $22,993,237
- Total Liabilities: $7,678,529
- Net Assets: $15,314,708
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BIRDS OF PREY
Revenue
$2,497,686
GOPRO MOUNTAIN GAMES
Revenue
$1,899,958
VAIL DANCE FESTIVAL
Revenue
$1,193,868
GERALD R. FORD AMPHITHEATER
Revenue
$563,658
AEG
Revenue
$480,419
Organization Details
Founding Year
1983
Phone
(970) 777-2015Principal Officer
Michael Imhof
Main Address
PO BOX 6550, AVON, CO, 81620
Website
www.vvf.orgNTEE Category
Code: S410 - Community improvement
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