Bridger Bowl
- Assets
- $53.7m
- Revenue
- $20.6m
- Investments
- $0.0
- Employees
- 814
- Location
- Bozeman, MT
- Founding
- 02/1965
- Data as of
- 04/2024
- EIN
- 81-0250283
Organization Overview
Bridger Bowl is located in Bozeman, MT. The organization was established in 1965. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, under the broad grouping of Recreation & Sports and related organizations. As of 04/2024, Bridger Bowl employed 814 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridger Bowl is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 04/2024, Bridger Bowl generated $20.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $16.7m during the year ending 04/2024. While expenses have increased by 9.0% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PLAN, DEVELOP AND MAINTAIN FACILITIES AND SERVICES IN A FINANCIALLY SOUND MANNER WHICH PROVIDE THE BEST POSSIBLE SKIING EXPERIENCE AT A REASONABLE COST TO LOCAL, REGIONAL AND DESTINATION SKIERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE DOWNHILL SKI RECREATION SERVICES TO APPROXIMATELY 283,148 SKIERS. SERVICES INCLUDE SKI RUN FACILITIES, FOOD & BEVERAGE, EQUIPMENT & REPAIRS, AND SKI LESSONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hiram Towle General Manager | Officer | 45 | $173,392 |
James Prasek Mountain Ops Mgr | 45 | $119,040 | |
Lindsay Korth Business Ops Mgr | 40 | $118,556 | |
Austin Schuerg Controller | Officer | 45 | $111,522 |
James Walker Food Service Dir | 45 | $106,093 | |
Erin Oconnor Marketing Dir | 45 | $100,220 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $17,383,833 |
| Investment income | $1,359,389 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $27,373 |
| Net Gain/Loss on Asset Sales | $6,482 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,819,022 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,596,099 |
| 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. | $598,019 |
| Compensation of current officers, directors, key employees. | $119,647 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,618,161 |
| Pension plan accruals and contributions | $263,418 |
| Other employee benefits | $964,725 |
| Payroll taxes | $757,153 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $28,047 |
| Fees for services: Accounting | $59,164 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $784,741 |
| Advertising and promotion | $120,143 |
| Office expenses | $673,648 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $449,671 |
| Travel | $0 |
| 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 | $2,000,148 |
| Insurance | $981,603 |
| All other expenses | $260,367 |
| Total functional expenses | $16,652,654 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $176,044 |
| Savings and temporary cash investments | $6,896,050 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $463,898 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $716,539 |
| Prepaid expenses and deferred charges | $576,810 |
| Net Land, buildings, and equipment | $22,756,612 |
| Investments—publicly traded securities | $21,915,569 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $148,860 |
| Other assets | $0 |
| Total assets | $53,650,382 |
| Accounts payable and accrued expenses | $1,767,342 |
| 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 | $1,767,342 |
| Net assets without donor restrictions | $51,883,040 |
| 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 | $53,650,382 |