2026-04-02T12:05:29-05:00 2025-05-31 450250958 EIDE BAILLY LLP 2950 E HARMONY RD STE 290 FORT COLLINS CO 805283429 990 2024-06-01 841316133 VILAR PERFORMING ARTS CENTER INC VILA 9707772015 PO BOX 3822 AVON CO 81620 MICAHEL IMHOF PRESIDENT AND CEO 9707772015 2026-03-31 1 1 KYLE FRITCH CPA P01313374 9702238825 2026-03-25 2024 2025-03-06 01:10:19Z MICAHEL IMHOF PO BOX 3822 AVON CO 81620 8616274 0 X WWW.VILARCENTER.ORG X 1995 CO PROMOTE & DEVELOP APPRECIATION OF THE ARTS IN THE VAIL VALLEY AREA. 46 45 110 200 0 0 4285714 4642057 2335766 3151284 551705 405881 163705 205626 7336890 8404848 74144 23286 0 0 2596233 2926677 0 0 466214 4266380 5951641 6936757 8901604 400133 -496756 23709665 24201718 1084576 1434704 22625089 22767014 X THE PURPOSES AND OBJECTIVES OF THE VILAR PERFORMING ARTS CENTER IS TO PROMOTE AND DEVELOP AWARENESS OF AND APPRECIATION OF THE ARTS AND TO EDUCATE THE GENERAL PUBLIC ABOUT THE ARTS THROUGH THE OWNERSHIP AND OPERATION OF A THEATER BY PRESENTING A VARIETY OF YEAR-ROUND PERFORMANCES INCLUDING CONCERTS, COMEDY, DANCE, FILM, BROADWAY, FAMILY SHOWS AND MORE. 0 0 7176355 23287 3356910 THE THEATER OPENED TO THE GENERAL PUBLIC IN FEBRUARY OF 1998 FOR ITS PREMIER SEASON, OFFERING A WIDE VARIETY OF PROGRAMMING FOR THE PERFORMING ARTS. AS OF MAY 31, 2025, THE ORGANIZATION IS PRIMARILY ENGAGED IN PROMOTING AND DEVELOPING AWARENESS OF AND THE APPRECIATION OF THE ARTS AND EDUCATING THE GENERAL PUBLIC ABOUT THE ARTS THROUGH THE OWNERSHIP AND/OR OPERATION OF THE THEATRE. 7176355 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 117 0 1 110 1 0 0 0 0 0 0 0 0 0 0 0 0 X 46 45 1 1 0 0 1 1 1 1 0 0 0 0 1 1 1 1 1 0 0 0 CO X JOSHUA CLOUD 9707772015 90 BENCHMARK ROAD STE 300 AVON CO 81620 MICHAEL IMHOF PRESIDENT AND CEO 10.00 45.00 X X 0 376473 38257 CHRIS JARNOT CHAIRMAN 0.50 1.00 X X 0 0 0 ANDY ARNOLD BOARD MEMBER 0.50 1.00 X 0 0 0 JOHN ARNOLD BOARD MEMBER 0.50 1.00 X 0 0 0 SAM BRONFMAN BOARD MEMBER 0.50 1.00 X 0 0 0 JEFFREY BYRNE BOARD MEMBER 0.50 1.00 X 0 0 0 SUSAN CAMPBELL BOARD MEMBER 0.50 1.00 X 0 0 0 WILL COOK BOARD MEMBER 0.50 1.00 X 0 0 0 STEVE COYER BOARD MEMBER 0.50 1.00 X 0 0 0 GREG DALY BOARD MEMBER 0.50 1.00 X 0 0 0 CARLOS GARDEA BOARD MEMBER 0.50 1.00 X 0 0 0 MARGIE GART BOARD MEMBER 0.50 1.00 X 0 0 0 JOHANNES FAESSLER BOARD MEMBER 0.50 1.00 X 0 0 0 NADIA GUERRIERO BOARD MEMBER 0.50 1.00 X 0 0 0 CARRIE BESNETTE HAUSER BOARD MEMBER 0.50 1.00 X 0 0 0 BETH HOWARD BOARD MEMBER 0.50 1.00 X 0 0 0 AL HUBBARD BOARD MEMBER 0.50 1.00 X 0 0 0 BJ HYBL BOARD MEMBER 0.50 1.00 X 0 0 0 DAVID HYDE BOARD MEMBER 0.50 1.00 X 0 0 0 CHERYL JENSEN BOARD MEMBER 0.50 1.00 X 0 0 0 ALEXIA JURSCHAK BOARD MEMBER 0.50 1.00 X 0 0 0 ANNE-MARIE KEANE BOARD MEMBER 0.50 1.00 X 0 0 0 MIKE KRUPKA BOARD MEMBER 0.50 1.00 X 0 0 0 DONNA LYNNE BOARD MEMBER 0.50 1.00 X 0 0 0 SARAH MALLOY MILLETT BOARD MEMBER 0.50 1.00 X 0 0 0 ALEJANDRA CORTS DE MILMO BOARD MEMBER 0.50 1.00 X 0 0 0 ELLEN MORITZ BOARD MEMBER 0.50 1.00 X 0 0 0 KAIA MORITZ BOARD MEMBER 0.50 1.00 X 0 0 0 BOBBY MURPHY BOARD MEMBER 0.50 1.00 X 0 0 0 DAN PENNINGTON BOARD MEMBER 0.50 1.00 X 0 0 0 JILL PLANCHER BOARD MEMBER 0.50 1.00 X 0 0 0 MOLLY KIPP BOARD MEMBER 0.50 1.00 X 0 0 0 DAVID SALVIN BOARD MEMBER 0.50 1.00 X 0 0 0 KEN SCHANZER BOARD MEMBER 0.50 1.00 X 0 0 0 ANN SMEAD BOARD MEMBER 0.50 1.00 X 0 0 0 ADI SLIFER BOARD MEMBER 0.50 1.00 X 0 0 0 KRISTIN TANG BOARD MEMBER 0.50 1.00 X 0 0 0 FRED TRESCA BOARD MEMBER 0.50 1.00 X 0 0 0 WILL VERITY BOARD MEMBER 0.50 1.00 X 0 0 0 TINA VARDAMAN BOARD MEMBER 0.50 1.00 X 0 0 0 NICK WAUGH BOARD MEMBER 0.50 1.00 X 0 0 0 GARY WOODWORTH BOARD MEMBER 0.50 1.00 X 0 0 0 KRISTY WOOLFOLK BOARD MEMBER 0.50 1.00 X 0 0 0 TINA WILSON BOARD MEMBER 0.50 1.00 X 0 0 0 JEFF LUKER BOARD MEMBER 0.50 0.00 X 0 0 0 JIM CLANCY BOARD MEMBER 0.50 0.00 X 0 0 0 JOSHUA CLOUD CFO 15.00 25.00 X 0 239529 53270 CAMERON MORGAN EXECUTIVE DIRECTOR 40.00 0.00 X 171957 0 20453 OWEN HUTCHINSON ARTISTIC DIRECTOR 40.00 0.00 X 141501 0 21287 313458 616002 133267 2 0 1 0 WILLIAM MORRIS ENDEAVOR ENTERTAINMENT L 1201 DEMONBREUN ST 15TH FL NASHVILLE FL 37203 PERFORMING ARTISTS 172000 WASSERMAN MUSIC LLC 72 W ADAMS ST STE 10000 CHICAGO IL 60603 PERFORMING ARTISTS 161050 SOUTH VALLEY TOURING INC 12100 WILSHIRE BLVD 1420 LOS ANGELES CA 90025 PERFORMING ARTISTS 135000 PALLADIUM PRODUCTIONS INC 50 MONTROSE RD YONKERS NY 10710 PERFORMING ARTISTS 119525 4 556362 28007 4057688 138332 4642057 VILAR PERFORMING ARTS 711300 3151284 3151284 3151284 290359 290359 178364 62842 115522 115522 115522 354210 148584 205626 205626 8404848 3356910 0 405881 23286 23286 187333 168599 18734 2113770 1362062 435215 316493 68683 41953 13736 12994 375579 169824 167320 38435 181312 124552 30850 25910 28246 5106 23140 29856 2625 27231 54366 54366 1910 1910 497889 448751 31465 17673 270712 166501 100399 3812 152248 53757 98488 3 478256 257607 220649 15965 50 1551 14364 970340 970340 72391 52102 20289 PERFORMERS, TALENT AND 2697524 2697524 PRODUCTION TRAVEL AND L 216065 205952 9130 983 CONCESSIONS AND SOCIAL 202347 183723 18624 SITE PREPARATION 192264 190958 1295 11 71262 51083 3267 16912 8901604 7176355 1259035 466214 2707187 1922355 1740358 1538365 42322 66758 20587 15906 29610 139909 22361420 12827374 9310000 9534046 9859601 10984029 0 350 23709665 24201718 314228 825049 570463 456625 199885 153030 1084576 1434704 X 14766451 14753927 7858638 8013087 22625089 22767014 23709665 24201718 -496756 638681 0 X 0 1 X 1 0 X 2363627 3770275 4848605 4285714 4642057 19910278 2363627 3770275 4848605 4285714 4642057 19910278 8142811 11767467 4122 226287 298736 322347 290359 1141851 21052129 10989025 0.55900 0.56970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4862723 469914 178364 5154273 4309328 676896 123501 4862723 4268203 120181 58000 21056 4309328 4460066 -113796 53500 24567 4268203 1987659 53399 1265 2039793 0.00000 0.62650 0.37350 0 1 1 700000 700000 15031067 9346496 5684571 1246394 539933 706461 5383959 2940945 2443014 9534046 INTERCOMPANY PAYABLE 153030 153030 X 9031463 638681 42300 680981 8350482 54366 54366 8404848 8889538 42300 42300 8847238 54366 54366 8901604 PART III, LINE 4: VILAR CENTER FOR THE ARTS FOUNDATION HAS A BRONZE STATUE OF FORMER PRESIDENT GERALD FORD. PRESIDENT GERALD FORD WAS A BOARD MEMBER OF THE ORGANIZATION AND A VERY IMPORTANT MEMBER OF THE VAIL & BEAVER CREEK COMMUNITIES. PART V, LINE 4: VILAR ENDOWMENT - $1.978 M GIFT, WITH 10% OF EARNINGS TO BE USED FOR CAPITAL IMPROVEMENTS TO THE THEATER, AND THE OTHER 90% BEING USED FOR PROGRAM ACTIVITIES AND OTHER OPERATIONS. PART X, LINE 2: THE VILAR PERFORMING ARTS CENTER IS ORGANIZED AS A COLORADO NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). VCAF HAS BEEN DETERMINED TO NOT BE A PRIVATE FOUNDATION AND QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION. THE FOUNDATION ANNUALLY IS REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE FOUNDATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSES. THE FOUNDATION HAS DETERMINED IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990- T) WITH THE IRS. PART V, LINE 1A THE DIFFERENCE BETWEEN ENDING AND BEGINNING ENDOWMENT FUNDS CHANGED TO PROPERLY REFLECT THE CORRECT BEGINNING BALANCE. 1 BRAVO VAIL 2271 N FRONTAGE RD UNIT C VAIL CO 81657 841074065 501(C)(3) 11315 0 GENERAL SUPPORT SKI AND SNOWBOARD CLUB VAIL 598 VAIL VALLEY DR VAIL CO 81657 846038792 501(C)(3) 7986 0 GENERAL SUPPORT 2 0 PART I, LINE 2: THE CHIEF FINANICAL OFFICER PERFORMS A FOLLOW-UP PHONE CALL WITH GRANT RECIPIENTS. BASED ON THE EXTENSIVE RELATIONSHIPS THE ORGANIZATION HOLDS WITH BUSINESSES AND THE COMMUNITY, THE ORGANIZATION DEEMS TO HAVE ADEQUATELY FULFILLED THE MONITORING PROCEDURES FOR GRANTEES. X 0 0 0 0 0 0 0 1 0 MICHAEL IMHOF PRESIDENT AND CEO 0 337273 0 39200 0 0 0 0 0 39599 0 416072 0 0 JOSHUA CLOUD CFO 0 213707 0 25822 0 0 0 9653 0 44927 0 294109 0 0 CAMERON MORGAN EXECUTIVE DIRECTOR 154994 0 16963 0 0 0 6947 0 14497 0 193401 0 0 0 OWEN HUTCHINSON ARTISTIC DIRECTOR 127092 0 14409 0 0 0 5808 0 16324 0 163633 0 0 0 PART I, LINE 3 THE FOUNDATION RELIED ON A RELATED ORGANIZATION THAT USED ONE OR MORE OF THESE METHODS TO ESTABLISH THE COMPENSATION OF OFFICERS. PART I, LINE 7 THE EXECUTIVE COMMITTEE OF VAIL VALLEY FOUNDATION, A RELATED TAX-EXEMPT ORGANIZATION, ANNUALLY REVIEWS AND DETERMINES IF ADDITIONAL COMPENSATION IN THE FORM OF BONUSES WILL BE PAID TO EXECUTIVE STAFF AND OTHER STAFF AS IDENTIFIED BY THE COMMITTEE. BONUSES ARE APPROVED BASED ON REVIEW OF EACH INDIVIDUAL'S PERFORMANCE AND SERVICES TO THE ORGANIZATION. X 13 134992 AVERAGE STOCK VALUE X FOOD AND BEVERAGE 1 3340 SALES PRICE 0 0 0 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN (B) IS THE NUMBER OF CONTRIBUTIONS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 2 THE PRESIDENT/CEO AND CHIEF FINANCIAL OFFICER ARE EMPLOYED BY VAIL VALLEY FOUNDATION, A RELATED EXEMPT ORGANIZATION. MEMBERS OF THE BOARD ARE ALSO BOARD MEMBERS OF VAIL VALLEY FOUNDATION. THEREFORE, BUSINESS RELATIONSHIPS EXIST BETWEEN THESE INDIVIDUALS. FORM 990, PART VI, SECTION A, LINE 3 THE VILAR PERFORMING ARTS CENTER (VPAC) ENTERED INTO A MANAGEMENT PLAN WITH VAIL VALLEY FOUNDATION (VVF), A RELATED ORGANZIATION, IN WHICH VVF ASSUMED THE MANAGEMENT AND OPERATIONS OF THE VILAR CENTER. INCLUDED IN THIS AGREEMENT, VPAC AND VVF RECONSTITUTED THEIR BOARD OF DIRECTORS. EACH ENTITY OPERATES SEPARATELY UNDER A COMMON BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 6 VOTING MEMBER - THE CORPORATION SHALL HAVE ONE VOTING MEMBER, WHICH SHALL BE THE BEAVER CREEK RESORT COMPANY OF COLORADO, A COLORADO NONPROFIT CORPORATION. MEMBERS SHALL HAVE NO OWNERSHIP RIGHTS OR BENEFICIAL INTERESTS OF ANY KIND IN THE ASSETS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBER, BEAVER CREEK RESORT COMPANY OF COLORADO MAY APPOINT AND ELECT TWO BOARD MEMBERS OF THE FOUNDATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTOR'S POWERS ARE SUBJECT TO APPROVAL BY THE MEMBER. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS REVIEWED BY THE CHIEF EXECUTIVE OFFICER, CHIEF FINANCIAL OFFICER, AND THE VAIL VALLEY FOUNDATION CONTROLLER BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS ALL OFFICERS, DIRECTORS, AND OTHER TOP MANAGEMENT OFFICIALS. THE EXISTENCE OF ANY POTENTIAL CONFLICT OF INTEREST SHALL BE DISCLOSED TO THE CFO AND/OR THE BOARD OF DIRECTORS, WHO SHALL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. IN THE EVENT A CONFLICT OF INTEREST DOES EXISTS, THE CFO AND/OR BOARD OF DIRECTORS WILL DETERMINE WHETHER OR NOT THE INDIVIDUAL WITH THE CONFLICT SHOULD BE RECUSED FROM THE DELIBERATION ON THE MATTER AND WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED AS JUST, FAIR AND REASONABLE TO THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 15 THE TOP MANAGEMENT OFFICIAL, TOP FINANCIAL OFFICIAL, OTHER OFFICERS, AND KEY EMPLOYEES ARE COMPENSATED BY VAIL VALLEY FOUNDATION, A RELATED ORGANIZATION, THAT HAS AN EXECUTIVE COMMITTEE COMPOSED OF BOARD MEMBERS THAT MEETS AT THE END OF EACH YEAR. PRIOR TO THE MEETING, THE CFO PROVIDES THE COMMITTEE WITH A PACKAGE SUMMARIZING COMPENSATION INFORMATION, WHICH CONTAINS COMPARABLE COMPENSATION DATA FOR THESE POSITIONS. AT THE MEETING THEY DETERMINE IF THEY WILL APPROVE ANY COMPENSATION ADJUSTMENT FOR THE CEO, OTHER OFFICERS, AND KEY EMPLOYEES FOR THE UPCOMING YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENT INFORMATION AVAILABLE TO THE PUBLIC UPON REQUEST. VAIL VALLEY FOUNDATION PO BOX 6550 AVON CO 81620 742215035 ENHANCING THE QUALITY OF LIFE IN VAIL VALLEY CO 501(C)(3) LINE 11 N/A 0 YOUTHPOWER365 PO BOX 6550 AVON CO 81620 841442909 PREPARE CHILDREN IN NEED FOR SUCCESS IN LIFE THROUGH EDUCATION CO 501(C)(3) LINE 7 VAIL VALLEY FOUNDATION 0 EAGLE RIVER VALLEY CHILDCARE PO BOX 6550 AVON CO 81620 882418489 EMPLOYER BASED CHILDCARE FACILITY CO 501(C)(3) LINE 7 VAIL VALLEY FOUNDATION 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1