US National Ski Hall of Fame and Museum Inc

Analysis

US National Ski Hall of Fame and Museum Inc is a registered charity in United States, based in Ishpeming, MI. It received its IRS tax-exemption ruling in March 1985, 41 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 December 2023, US National Ski Hall of Fame and Museum Inc reported income of $726k and spending of $563k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $303k to $726k (+139%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, US National Ski Hall of Fame and Museum Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MI. Charities of a similar size with the same main cause include Gold Youth Arts Organization Inc ($725k), While Were Still Here ($726k) and E S C a P E ($725k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $83k (15% of expenses). Other salaries and wages came to $76k. At year end it held assets of $889k against liabilities of $444k, net assets of $445k. It reported 3 employees.