Bravo Colorado at Vail-Beaver Creek

Analysis

Bravo Colorado at Vail-Beaver Creek is a registered charity in United States, based in Vail, CO. It received its IRS tax-exemption ruling in June 1989, 37 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Bravo Colorado at Vail-Beaver Creek reported income of $10.0m and spending of $10.8m, spending 108% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $9.0m to $10.0m (+10%), an average of +2.5% a year. The sharpest change came in the year to September 2021, when income rose by 94%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bravo Colorado at Vail-Beaver Creek sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CO. Charities of a similar size with the same main cause include Charles W Bowers Museum Corporation ($10.0m), National Cyber Forensics and Training Alliance ($10.0m) and Toledo Alliance for the Performing Arts ($9.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 62% and program service revenue 22% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $11.9m against liabilities of $1.2m, net assets of $10.8m. It reported 50 employees.