Alf Engen Ski Museum Foundation

Analysis

Alf Engen Ski Museum Foundation is a registered charity in United States, based in Park City, UT. It received its IRS tax-exemption ruling in November 1993, 33 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, Alf Engen Ski Museum Foundation reported income of $701k and spending of $800k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $554k to $701k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alf Engen Ski Museum Foundation 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 73rd percentile within UT. Charities of a similar size with the same main cause include Portuguese Cultural Center Inc ($701k), Roots Music Project Foundation ($701k) and Davner Theatricals Inc ($701k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $98k (12% of expenses). Other salaries and wages came to $164k. At year end it held assets of $5.6m against liabilities of $18k, net assets of $5.6m. It reported 21 employees.