Music in the Mountains

“Organization does not have any committees authoritzed to act on behalf of the governing body”

“The Board of Directors and the Executive Director review the Form 990 prior to being filed.”

“All Board of Directors identify any conflicts at the time they are made known and ensures to remove themselves from any discussion/voting on items.”

“The Organization's compensation subcommittee of the Governance Committee (comprised of the President of the Board of Directors, the President Elect of the Board of the Directors, and the Chairperson of the Governance Committee, annually reviews and recommends a compensation package for the Executive Director. The recommendation is then presented to the Board of Directors for approval.”

“The Organization's governing documents, conflict of interest policy and financial statements are available to the public upon request.”

“To produce an exceptional summer music festival with musicians of the highest caliber, entertain, educate and delight audiences with the richness of classical music, and complement the concerts with a year round education program for youth.”

“Music in the Mountains approached the 2024 Festival season with an abundance of confidence following the success of the 2023 season. We continued to offer our popular free community concert series on top of our pre-pandemic three-week orchestral season, keeping the festival four weeks long. Following are FY 2024 operations notes: -Management continued to concentrate on both managing expenses and maintaining strong donor relationships. Inflation and the cost of everything is having a substantial impact on our financial statement. -This season we had 100% retention in all positions: stage manager, operations manager, graphic designer, festival assistant, and summer intern. We had full-time employees on staff the entire year, which makes for more expense but better operations. -The 2024 season was the final year for Artistic Director & Conductor, Guillermo Figueroa. He leaves the organization after 18 years of excellent service. We spent the year celebrating his tenure. We also spent the year working on the succession plans and hired internationally renowned violinist and long-time friend of the Festival, Vadim Gluzman to be our new Artistic Director. -We had incredible success placing musicians in patron's homes and were able to save significant funds in this area. Music in the Mountains was the beneficiary of a one-time $175,000 bequest an installment in a multi-year million-dollar gift. As a result, we ended the year in a favorable financial position. -The aforementioned financial position is a temporary and misleading bottom line. It will be very important to communicate the full story. As a non-profit performing arts organization, we must continue to rely heavily on the generosity of individual supporters and corporate sponsors to operate. -At the time of this writing, the plan for Festival 2025 is to bring the full orchestra to Durango for the regular three-week season to be presented at the Community Concert Hall at Fort Lewis College plus the additional week of free community outreach concerts throughout the region.”

“Director Expenses: Program service expenses 1,085. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,085. Stage Manager: Program service expenses 6,724. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,724. Contractor Services: Program service expenses 68,513. Management and general expenses 22,000. Fundraising expenses 0. Total expenses 90,513. Conductor Fees: Program service expenses 40,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 40,000.”