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Arts, Culture, Humanities : Performing Arts

Crested Butte Music Festival

To inspire art and help develop the performers of tomorrow

two stars

78.88

P.O. Box 2117 Crested Butte, CO 81224
tel: (970) 300-3409   Web Site
EIN: 84-1374824

Board Leadership
Venise Stuart
President

CEO
Erica Vernon
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 78.88 two stars
  Financial 77.82 two stars
  Accountability & Transparency 80.00 three stars
This rating was published 04/01/2020 and includes data from FY2018, the most recent 990 received at that time.

The Crested Butte Music Festival (CBMF) was incorporated in 1997 following a series of informal winter concerts beginning in 1995 as a way to enrich the Gunnison Valley community. Formerly known as the Crested Butte Chamber Music Series and the Western Slope Music Festival, the early seasons encompassed one to three weeks of primarily classical music. Crested Butte Music Festival's mission is to present an annual festival of diverse music, opera and dance performed by outstanding artists, to inspire a greater appreciation of these art forms, and to help develop the performers of tomorrow.

The Crested Butte Music Festival (CBMF) was incorporated in 1997 following a series of informal winter concerts beginning in 1995 as a way to enrich the Gunnison Valley community. Formerly known as the Crested Butte Chamber Music Series and the Western Slope Music Festival, the early seasons encompassed one to three weeks of primarily classical music. Crested Butte Music Festival's mission is to present an annual festival of diverse music, opera and dance performed by outstanding artists, to inspire a greater appreciation of these art forms, and to help develop the performers of tomorrow.

Impact Information

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Reported Results
Total in 2018
Total number of performances
60
Total number of free performances given
20
Number of participants engaged in programs
135
This impact information is current as of September 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

two stars

77.82

Accountability & Transparency

three stars

80.00

This rating was published 04/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
77.4%
  Administrative Expenses 10.0%
  Fundraising Expenses 12.5%
  Fundraising Efficiency $0.14
  Working Capital Ratio (years) 0.26
  Program Expenses Growth -12.5%
  Liabilities to Assets 8.1%
All data for Financial Performance Metrics calculations was provided by Crested Butte Music Festival on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Crested Butte Music Festival on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Crested Butte Music Festival (CO) 78.88 two stars
Hudson Valley Shakespeare Festival Inc. (NY) 87.64 three stars
Charleston Wine + Food Festival (SC) 91.36 four stars
Sundance Institute (CA) 87.70 three stars
Aspen Music Festival and School (CO) 91.59 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $947,723
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $263,463
   Related Organizations $0
   Government Grants $0
Total Contributions $1,211,186
   Program Service Revenue $145,297
Total Primary Revenue $1,356,483
   Other Revenue $19,485
TOTAL REVENUE $1,375,968
   
EXPENSES  
   Program Expenses $726,720
   Administrative Expenses $104,772
   Fundraising Expenses $109,175
TOTAL FUNCTIONAL EXPENSES $940,667
   
Payments to Affiliates $0
Excess (or Deficit) for the year $435,301
   
Net Assets $735,671

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-09 04/01/2020 78.88 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 84-1374824
Name in IRS Master File CRESTED BUTTE MUSIC FESTIVAL INC
NTEE Code A99
NTEE Classification Arts, Culture, and Humanities N.E.C.
NTEE Type Arts, Culture and Humanities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (90) Cultural performances
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date December, 1997
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End September
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • September, 2017
  • September, 2016
  • September, 2015
  • September, 2014
  • September, 2013
Compensation % of Expenses Paid to Title
$80,090 8.51% Crista Ryan Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Crested Butte Music Festival (CO) 78.88 two stars
Spoleto Festival USA (SC) 86.13 three stars
Charleston Wine + Food Festival (SC) 91.36 four stars
Film Society of Lincoln Center (NY) 90.11 four stars
Cleveland International Film Festival (OH) 93.70 four stars

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Charity Contact Info

Crested Butte Music Festival
P.O. Box 2117
Crested Butte, CO 81224
tel: (970) 300-3409
fax: (970) 349-0620
EIN: 84-1374824

Visit Web Site

Board Leadership

Venise Stuart
President

CEO

Erica Vernon
Executive Director

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