2024-08-15T10:32:16-07:00 2023-09-30 460683745 Cumulus Accounting 125 Scott Lane Suite 2 Jackson WY 83001 990 2022-10-01 870766886 Teton Valley Foundation TETO 2085349167 PO Box 50 Victor ID 83455 Alex Seddon Board Chair 2085349167 2024-06-24 true true Anna-Lisette Davis P01606141 3072000982 2024-06-24 2022 2024-08-08 14:25:15Z Alex Seddon PO Box 50 Victor ID 83455 769374 false X www.tetonvalleyfoundation.org X 2005 ID To make the good life in Teton Valley even better for residents and visitors alike through recreational and cultural programs that create community connections and enhance the local economy. 8 8 21 270 0 0 297331 292082 410876 445259 1981 357 30385 20033 740573 757731 97988 49558 0 267120 349053 0 19238 424411 484893 789519 883504 -48946 -125773 697581 540034 122816 84628 574765 455406 To make the good life in Teton Valley even better for residents and visitors alike through recreational and cultural programs that create community connections and enhance the local economy. false false 251258 0 135006 Music on Main: Music on Main is the Teton region's first free summer concert series. It began in 2006 with just three shows, but has grown to eight free concerts each summer with over 3,000 people a week in Victor, Idaho, a town with a population of only 2,000 people and one stoplight! The event is made possible by 25 dedicated sponsors who subsidize the concert and more than 60 volunteers each week. This financial and in-kind support insures the Foundation does not have to charge a formal admission, although concert-goers do generously donate at the door to support our efforts. The concerts are known for providing incredible music and a quinessential community vibe. Music on Main is known for bringing top talent of diverse genres to Teton Valley. But more than the music, participants would say that Music on Main is special because it has become both a gathering place for community members to connect, and a cornerstone summer event that entices visitors to discover the best of who we are and what we have to offer in Teton Valley. Due to the COVID-19 pandemic, TVF was forced to cancel the entire 8-week Music on Main concert series in the summer of 2020. In response, we created a socially-distanced event called Music on MainStream, a drive-in movie/concert event held at the Spud Drive-In in Driggs, ID. Thanks to the generosity of our sponsors, supporters, and community, we were able to recoup most of the lost revenue in this one night event, giving us the financial stability needed to carry us into the uncertainty of the winter ahead. 503981 42483 310253 Kotler Ice Arena: Passionate valley residents dreamed of building the Kotler Ice Arena as an accessible place for the community to skate and recreate during our long, cold winters. A place where kids, families, and adults could enjoy winter, engage in physical activity, and gather with neighbors and friends in a protected environment. Teton Valley Foundation raised $500,000 in its first decade to create a covered, full length, open-air ice rink in Victor, Idaho that boasted a warming hut, a Zamboni, two locker rooms, and a view of the Tetons while you skate! In 2015 and 2016 the foundation raised an additional $500,000 thanks to a colossal community effort with over 250 donors and over 5,000 volunteer hours in order to install a cooling system. This will result in expanding our historical ice season from 2 months to 5+ months a year. The ice rink serves over 1,400 users a week, or more than 10% of Teton Valley's population, and offers the following programs: Youth Hockey, a Coed Hockey League, Learn to Skate, Women's Hockey, Community Public Skating, Learn to Play, and subsidized skating programs for over 500 area kids through a partnership with local schools. 30% of school participants come from low-income or under- served populations. There are countless examples or how affordable winter recreation options at the ice rink impact the community. Just to name a few - teenagers have a safe space to hang out on a Friday night; our Youth Hockey participants learn new skills and teamwork; families from our growing Latino community experience ice for the first time during community skating sessions; and neighbors and friends build camaraderie through friendly competition. In 2022, the Foundation expanded its existing hockey league tournaments, and added Curling and Figure Skating programs. 755239 true true false false false false false false false false true false false false false false false false false false false false false false true true false true true false false false false false false false false false false false false false false false false false false false true 31 0 21 true false false false false false false false false false false X 8 8 false false false false false false false true true false false false true true true false false false false false X Megan LaTorre 2089707486 380 S Agate Ave Victor ID 83455 Amy Fradley Executive Director 40.00 X 67656 0 2030 John Rockefeller Executive Director 40.00 X 0 0 0 Alex Seddon Board Chair 5.00 X X 0 0 0 Julie Stomper Secretary 3.00 X X 0 0 0 Mara Brannon Treasurer 3.00 X X 0 0 0 Kurt Grimmelmann Board Member 3.00 X 0 0 0 Ari Kotler Board Member 2.00 X 0 0 0 Joy Hart Board Member 2.00 X 0 0 0 Derek Ellis Board Member 2.00 X 0 0 0 Liz Moseley Board Member 2.00 X 0 0 0 67656 0 2030 false false false 54742 11026 226314 292082 Music On Main 711320 135006 0 0 Ice Rink 713940 310253 0 0 445259 404 0 404 2588 2635 -47 -47 0 0 -47 11380 11026 7879 3501 0 3501 17661 1129 16532 16532 757731 445259 0 20390 42483 42483 7075 7075 55610 16683 22244 16683 258603 258603 0 0 1952 1710 138 104 32888 28814 2328 1746 19966 0 19966 0 53285 35785 17500 0 27143 25039 1962 142 10218 7024 3098 96 1433 827 606 0 21891 21891 0 0 13241 11019 2222 0 34048 13852 20196 0 2797 2797 0 0 22126 21870 256 0 9342 7941 934 467 Production Expenses 110886 110886 0 0 Facilities/Equipment 58131 58131 0 0 Beer/Wine/Merch COGS 39892 39892 0 0 Tournament Fees 36042 36042 0 0 24452 6875 17577 0 883504 755239 109027 19238 408015 62328 150332 357350 275 2726 4206 31315 15325 169472 68647 104918 100825 697581 540034 25437 11946 62821 72682 34558 122816 84628 X 467996 403304 106769 52102 574765 455406 697581 540034 X -125773 6414 X false false false X 0 0 253312 177451 513297 297331 292082 1533473 315353 216952 327106 410877 445427 1715715 0 0 568665 394403 840403 708208 737509 3249188 27500 22500 127500 22500 7500 207500 0 27500 22500 127500 22500 7500 207500 3041688 111 43 77 1981 404 2616 111 43 77 1981 404 2616 15661 18765 20907 30385 20997 106715 3358519 0.90570 0.89550 0.00080 0.00070 X Pt III Ln 12 Other Income Part III, Line 12 Description: Fundraising Events (Net) 2018: 15425. 2019: 18586. 2020: 20907. 2021: 30385. 2022: 21045. Description: Gain on Sale of Securities 2018: 236. 2019: 179. 2022: -48. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 169472 68647 100825 100825 Hockeyfest 6142 6142 334 Golf Scramble 11194 11026 168 191 4015 1229 17336 11026 6310 191 4015 334 1229 5769 541 17661 750 379 17661 750 379 1129 16532 ID false FMV of prizes has historically been below threshold where gaming license is required in Idaho. TVF is in the process of obtaining a license going forward, as raffles continue to become a larger source of income. false true false false true City of Victor PO Box 122 Victor ID 83455 000000000 0 42483 book ice rink building/equipment ice rink building/equipment 1 0 Scholarships 10 7075 FMV discounted program fees Pt I Line 2 Teton Valley Foundation has an operating agreement with the City of Victor, which specifies that assets related to the ice rink buildout are transferred to the City at the end of each fiscal year, and that Teton Valley Foundation will operate the ice rink on an ongoing basis. This agreement is monitored and periodically reviewed by Teton Valley Foundation's staff and Board, as well as by City of Victor staff. Pt XI Other changes in net assets or fund balances: rounding Pt VI, Line 11b Organization's process to review form 990: Board's President and Treasurer review the full 990 before it is filed with the IRS. Public inspection copy available to all Board members. Pt VI, Line 12c Enforcement of Conflict of Interest Policy: Board members sign a conflict of interest policy upon joining the Board and are required to disclose any potential conflicts of interest as they arise. Pt VI, Line 19 Governing Documents Disclosure explanation: Available upon request.