Big Sky Ski Education Foundation

Analysis

Big Sky Ski Education Foundation is a registered charity in United States, based in Big Sky, MT. It received its IRS tax-exemption ruling in January 1993, 33 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Big Sky Ski Education Foundation reported income of $1.2m and spending of $1.3m, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $774k to $1.2m (+59%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Big Sky Ski Education Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within MT. Charities of a similar size with the same main cause include Patriots Cove Inc ($1.2m), New Juanita Bynum II Ministry Inc ($1.2m) and Circleville-Pickaway Community Improvement Corp ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $86k (6.7% of expenses). Other salaries and wages came to $475k. At year end it held assets of $976k against liabilities of $93k, net assets of $883k. It reported 56 employees.