Washington State Ski & Snowboard Museum

Analysis

Washington State Ski & Snowboard Museum is a registered charity in United States, based in Mercer Island, WA. It received its IRS tax-exemption ruling in February 2014, 12 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, Washington State Ski & Snowboard Museum reported income of $126k and spending of $130k, spending 103% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $59k to $126k (+115%), an average of +16% a year. The sharpest change came in the year to December 2019, when income rose by 161%. Over the whole period it spent 116% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Washington State Ski & Snowboard Museum sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 39th percentile within WA. Charities of a similar size with the same main cause include New Mexico Fiber Arts Center ($126k), Still Point Theatre Collective ($126k) and Fresno Community Chorus Inc ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $446k against liabilities of $1,192, net assets of $445k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.