Maine Ski and Snowboard Museum

Analysis

Maine Ski and Snowboard Museum is a registered charity in United States, based in Kingfield, ME. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Maine Ski and Snowboard Museum reported income of $62k and spending of $126k, spending 205% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $250k to $62k (-75%), an average of -37% a year. The sharpest change came in the year to June 2022, when income dropped by 75%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Maine Ski and Snowboard Museum sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 17th percentile within ME. Charities of a similar size with the same main cause include Perry County Lutheran Historical Society of Altenburg Missouri ($62k), Womens International Study Center ($62k) and West Franklin Historical District and Silkwood Inn Museum Inc ($62k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $168k against liabilities of $556, net assets of $167k.