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The Haunted Peaks Festival is a community-led event that connects participants to local businesses through a lineup of programs over three days. Festivities are themed to fit fall holidays, such as Halloween and Dia de los Muertos.

The Arts Council of Big Sky contributed to the Haunted Peaks Festival in 2021 by offering an art activity related to Dia de los Muertos for kids in the first afternoon of the festival. In 2022 ACBS participated by hosting the Skull and Roses Ball at the Independent (now the Waypoint), where ticket buyers had a chance to participate in a costume contest while seeing Grateful Dead tribute band Dead Sky perform on stage.