Minnesota Youth Ski League
- Assets
- $277.6k
- Revenue
- $417.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Minneapolis, MN
- Founding
- 02/1994
- Data as of
- 05/2023
- EIN
- 41-1764450
Organization Overview
Minnesota Youth Ski League is located in Minneapolis, MN. The organization was established in 1994. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 05/2023, Minnesota Youth Ski League employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Youth Ski League is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2023, Minnesota Youth Ski League generated $417.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 18.6% each year . All expenses for the organization totaled $419.6k during the year ending 05/2023. While expenses have increased by 17.2% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
MINNESOTA YOUTH SKI LEAGUE (MYXC) IS A NETWORK OF LOCAL CLUBS IN MINNESOTA AND AROUND THE COUNTRY, OFFERING EVENTS AND PROGRAMS FOR SKIERS AGES 4-15. CLUBS ARE ENTIRELY RUN BY VOLUNTEERS AND WE HAVE EASY-TO-USE EDUCATIONAL RESOURCES TO HELP ALL PARENTS/GRANDPARENTS/AUNTS/UNCLES GAIN CONFIDENCE AND BECOME OUR VITAL VOLUNTEERS. WE EMPOWER YOUTH TO BE JOYFUL, CONFIDENT WINTER ENTHUSIASTS BY BUILDING INCLUSIVE COMMUNITIES THAT REDUCE BARRIERS TO CROSS-COUNTRY SKIING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN THE 2023-24 FISCAL YEAR, MINNESOTA YOUTH SKI LEAGUE (MYXC) HAD 4015 SKIERS BETWEEN THE AGES OF 4-15. THE YOUTH WERE TAUGHT AND GUIDED BY 1494 REGISTERED AND TRAINED VOLUNTEERS. THE ORGANIZATION HAS OVER 315 DONORS AND TALLIED 24,904 VOLUNTEER HOURS. THERE WERE 1058 FIRST TIME SKIERS AND 580 WERE BIPOC. MYXC HAS 67 CLUBS AND OPERATES IN 3 STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Cichanowski Executive Director | Officer | 40 | $68,000 |
Jeremiah Schimp Chair | OfficerTrustee | 4 | $0 |
Paul Gage Vice Chair | OfficerTrustee | 2 | $0 |
Noah Swiler Secretary | OfficerTrustee | 2 | $0 |
Barclay Kruse Treasurer | OfficerTrustee | 2 | $0 |
Thomas Shaw Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $51,440 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,440 |
| Total Program Service Revenue | $219,216 |
| Investment income | $6,151 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $106,516 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $33,922 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $417,245 |
| 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. | $62,875 |
| Compensation of current officers, directors, key employees. | $5,085 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $59,745 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,645 |
| Payroll taxes | $10,852 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $707 |
| Fees for services: Accounting | $900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,160 |
| Advertising and promotion | $15,113 |
| Office expenses | $18,577 |
| Information technology | $23,202 |
| Royalties | $0 |
| Occupancy | $8,967 |
| Travel | $3,913 |
| 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 | $0 |
| Insurance | $10,509 |
| All other expenses | $261 |
| Total functional expenses | $419,599 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,515 |
| Savings and temporary cash investments | $261,096 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $277,611 |
| Accounts payable and accrued expenses | $1,826 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $1,826 |
| Net assets without donor restrictions | $275,785 |
| 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 | $277,611 |