Snowsports Industries America Inc
- Assets
- $11.5m
- Revenue
- $291.2k
- Investments
- $0.0
- Employees
- 8
- Location
- Park City, UT
- Founding
- 02/1978
- Data as of
- 05/2022
- EIN
- 13-1935655
Organization Overview
Snowsports Industries America Inc is located in Park City, UT. The organization was established in 1978. According to its NTEE Classification (N03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Recreation & Sports and related organizations. As of 05/2022, Snowsports Industries America Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Snowsports Industries America Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 05/2022, Snowsports Industries America Inc generated $291.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (35.5%) each year. All expenses for the organization totaled $3.6m during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HELP THE SNOW SPORT INDUSTRY THRIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH - THROUGHOUT THE YEAR, WE DELIVER INSIGHTFUL RESEARCH TO HELP OUR MEMBERS BETTER UNDERSTAND THE CONSUMER AND WHAT'S TRULY DRIVING OURINDUSTRY.
EDUCATION - WE PROVIDE UP-TO-DATE EDUCATION AND TRAINING ON EVERYTHING FROM DIGITAL MARKETING TO MERCHANDISING TO HELP OUR MEMBERS GAIN VALUABLE KNOWLEDGE AND DRIVE THEIR BUSINESSES FORWARD. INDUSTRY + INTELLIGENCE EVENT AT OR SNOW SHOW IS OUR MARQUEE EDUCATIONAL EVENT.
PARTICIPATION - WE ARE COMMITTED TO LEADING THE DISCUSSION AND IMPLEMENTING PROGRAMS THAT INCREASE PARTICIPATION AND PROVIDE A STABLE PLATFORM ON WHICH OUR COMMUNITY CAN THRIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nick Sargent President | Officer | 40 | $359,095 |
Maria Mcnulty Chief Operating Officer | Officer | 40 | $229,975 |
Brian Stephenson Event Director | 40 | $122,432 | |
Jo Gabrielson Sr Finance Director | Officer | 40 | $116,085 |
Mike West Chair, Jan - May | OfficerTrustee | 5 | $0 |
Alex Draper Secretary | OfficerTrustee | 1.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sports Marketing Surveys Research Data | 5/30/18 | $155,568 |
Snowtech-usa Llc E-learning Content And Programing | 5/30/18 | $166,524 |
Advanced Cfo Accounting And Cfo | 5/30/18 | $113,270 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $200,892 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $200,892 |
| Total Program Service Revenue | $649,105 |
| Investment income | $281,744 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $112,776 |
| Net Gain/Loss on Asset Sales | -$964,535 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $291,187 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $920,757 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $390,838 |
| Pension plan accruals and contributions | $14,328 |
| Other employee benefits | $0 |
| Payroll taxes | $102,009 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,398 |
| Fees for services: Accounting | $19,357 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $66,402 |
| Fees for services: Other | $40,905 |
| Advertising and promotion | $280,183 |
| Office expenses | $0 |
| Information technology | $42,013 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $99,096 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $239,983 |
| Insurance | $21,365 |
| All other expenses | $102,556 |
| Total functional expenses | $3,551,845 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $187,099 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,908 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $35,827 |
| Net Land, buildings, and equipment | $1,551,126 |
| Investments—publicly traded securities | $9,730,302 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,506,262 |
| Accounts payable and accrued expenses | $272,962 |
| Grants payable | $0 |
| Deferred revenue | $70,800 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $343,762 |
| Net assets without donor restrictions | $11,162,500 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,506,262 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Professional Rodeo Cowboys Association Inc Colorado Springs, CO | $22,820,319 | $14,719,037 |
Snowsports Industries America Inc Park City, UT | $11,506,262 | $291,187 |
National Archery Association Of The United States Colorado Springs, CO | $3,044,425 | $3,665,177 |
Womens Professional Rodeo Association Colorado Springs, CO | $3,574,834 | $2,427,229 |
Professional Rodeo Cowboys Association Inc Colorado Springs, CO | $1,596,529 | $2,279,733 |
Professional Golfers Association Of America Colorado Section Larkspur, CO | $1,302,455 | $1,728,752 |
Rocky Mountain Section Of The Professional Golfers Association O Star, ID | $749,135 | $737,940 |
National Strength And Conditioning Association Foundation Colorado Springs, CO | $2,985,275 | $182,185 |
Arizona Parks And Recreation Assoc Phoenix, AZ | $691,699 | $403,893 |
Casper Recreational Leagues Association Casper, WY | $175,970 | $300,822 |
Naiop Utah Chapter Salt Lake City, UT | $82,340 | $341,121 |
Rocky Mountain Golf Course Superintendents Association Inc Westminster, CO | $279,783 | $231,596 |