Alf Engen Ski Museum Foundation

Organization Overview

Alf Engen Ski Museum Foundation is located in Park City, UT. The organization was established in 1993. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Alf Engen Ski Museum Foundation employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alf Engen Ski Museum Foundation 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 12/2021, Alf Engen Ski Museum Foundation generated $742.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $573.1k during the year ending 12/2021. While expenses have increased by 3.5% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PRESERVE THE RICH HISTORY OF SKIING IN THE INTERMOUNTAIN REGION BY PROVIDING A WORLD-CLASS FACILITY, WHICH HIGHLIGHTS THE MANY CONTRIBUTIONS MADE IN SKI AREA DEVELOPMENT, ATHLETIC COMPETITION, SNOW SAFETY, SKI INNOVATION AND SKI TEACHING METHODS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATED AND ENTERTAINED 476,500 IN 2021 AT THE ALF ENGEN SKI MUSEUM. GUESTS TOUR THE MUSEUM FREE OF CHARGE AND EXPERIENCE THE INTERACTIVE EXHIBITS. - A VIRTUAL MOUNTAIN SPORTS SIMULATOR AND VIRTUAL SKI JUMP AT A COST OF 5 PER PERSON. EDUCATIONAL FIELD TRIP PROGRAMS WITH NINE SCHOOLS ARE BOOKED FOR THIS SCHOOL YEAR. WE COMPLETED A MAJOR RENOVATION IN DECEMBER 2021 INSTALLING EIGHT NEW EXHIBITS. WE INDUCTED TWO NEW SKI PIONEERS INTO OUR INTERMOUNTAIN SKI HALL OF FAME ON AUGUST 24, 2022.


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Board, Officers & Key Employees

Name (title)Compensation
Ron Steele
Chairman
$0
Mike C Korologos
Vice-Preside
$0
David L Vandehei
Chairman Eme
$0
Tom Kelly
Chairman Eme
$0
Barbara Yamada
Secretary
$0
Michael Maughan
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$65,333
Fundraising events$0
Related organizations$0
Government grants $215,906
All other contributions, gifts, grants, and similar amounts not included above$154,622
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$435,861
Total Program Service Revenue$178,890
Investment income $85,835
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,491
Net Income from Fundraising Events -$1,263
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $980
Miscellaneous Revenue$0
Total Revenue $742,917

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Alf Engen Ski Museum Foundation has recieved totaling $27,972.

Awarding OrganizationAmount
Sj And Jessie E Quinney Foundation

Salt Lake City, UT

PURPOSE: GENERAL FINANCIAL SUPPORT

$18,000
Mightycause Charitable Foundation

Marianna, FL

PURPOSE: UNRESTRICTED

$6,222
Spencer F And Cleone P Eccles Family Foundation

Salt Lake City, UT

PURPOSE: GENERAL OPERATING SUPPORT

$2,000
Gaddis U S R F

Salt Lake City, UT

PURPOSE: HISTORICAL PRESERVATION

$1,500
Perkins-Prothro Foundation

Wichita Falls, TX

PURPOSE: CONTRIBUTION

$250
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$174,290
Earnings$21,112
Ending Balance$195,402

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