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Teton Valley Foundation Inc

EIN 87-0766886 · Victor, ID

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair58 out of 100GovernanceFair61 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

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.

Income
$958,869
Spending
$1.0 million
Spent on programs
82%
Reserves
2.5 months of spending
Largest source of income
fees for its services, 44%
Employees
32
Volunteers
205
Highest pay
$79,392, executive director

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 58 out of 100. Higher than 15% of charities in its peer group (philanthropy, $250k to $1m).

  • Reserves

    10 of 35

    Spendable reserves would cover 2.5 months of spending.

  • Debt

    10 of 20

    It owes 34% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 5% of income.

  • Income trend

    15 of 15

    Income rose 7% on the year before.

  • Spending floor

    15 of 15

    82% of spending went to programs and raising each dollar of donations cost 6 cents.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 61 out of 100. Higher than 34% of charities in its peer group (philanthropy, $250k to $1m).

  • Independent board

    25 of 25

    8 of 8 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $564,756 spent. The Kotler Ice Arena is a seasonal community ice rink operated by Teton Valley Foundation that provides affordable and accessible winter recreation opportunities for residents and visitors throughout Teton Valley. Bustling with activity throughout the winter season, the facility serves more than 1,500 users each week and hosts approximately 10 tournaments, competitions, and special events annually, bringing more than 5,000 visitors to Teton Valley each winter.The arena is home to the Cutthroats Youth Hockey program, which supports approximately 130 youth athletes ages 4 to 18 through skill development, competition, and character-building opportunities. In addition to youth hockey, the facility offers adult hockey leagues, learn-to-skate programs, figure skating, curling, public skating sessions, school partnerships, and community events.As a critical winter gathering place, the Kotler Ice Arena promotes physical activity, youth engagement, and community connection during months when outdoor recreation opportunities are limited. By prioritizing safety, affordability, and broad community access, the program reduces barriers to participation and supportshealthy lifestyles while contributing to the local economy through sports tourism and regional events.
  2. $257,226 spent. Music on Main is a free, donation-based summer concert series operated by Teton Valley Foundation that provides accessible arts and cultural programming for residents and visitors throughout Teton Valley. Held weekly in Victor City Park, the eight-week series attracts approximately 3,500 attendees per concert, welcoming more than 28,000 attendees over the course of each summer season.The program removes financial barriers to participation by offering high-quality live music performances at no cost to attendees, ensuring broad access for individuals and families of all ages, backgrounds, and income levels. In addition to nationally and regionally touring musical acts, Music on Main provides opportunities for local nonprofits, artists, vendors, and community organizations to engage with the public.Music on Main serves as a significant driver of community connection and economic activity, drawing visitors from throughout the Greater Yellowstone region and supporting local restaurants, retailers, lodging providers, and other businesses. The series is made possible through the support of sponsors, donors, and more than 80 community volunteers who contribute over 400 volunteer shifts each season.By providing free access to arts and culture in a rural community, Music on Main strengthens quality of life, fosters social connection, promotes community pride, and contributes to the economic vitality of Teton Valley.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending September 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since January 2007.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.