Overview
What is Colorado Ski Museum Inc?
Colorado Ski Museum Inc, located in Vail, Colorado, serves as a dedicated space for preserving and celebrating the rich history of skiing and snowboarding. The museum offers visitors admission, films, exhibits, and maintains a collection of historical photographs, artifacts, and clothing related to the sport. It encourages the love for skiing and snowboarding through engaging exhibits, posters, and films. The museum also honors significant contributors to the sport through its Hall of Fame exhibit, which highlights individuals who have made notable advancements in skiing and snowboarding in Colorado, even extending to the legacy of the 10th Mountain Ski Division during World War II and beyond. The Colorado Ski Museum educates the public on the historical activities of the 10th Mountain Ski Division and provides daily films, lectures, and presentations related to the division. The museum, which boasts 14 employees, offers free admission and tours, striving to inspire and educate thousands of people annually.
Official website here: www.skimuseum.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
The Colorado Ski Museum Inc has received a Three-Star rating from Charity Navigator, with an overall score of 82%. This rating is based exclusively on accountability and finance metrics, indicating a strong focus on governance and financial management. The organization demonstrates robust accountability practices, including a majority independent board and comprehensive policies related to conflicts of interest and whistleblower protections.
One of the organization's notable strengths is its financial efficiency, highlighted by a low liabilities to assets ratio of 0.39%. Furthermore, its fundraising efficiency is commendable, with only $0.07 spent to raise each dollar, suggesting effective fundraising strategies. The museum also maintains a significant working capital ratio of 12.90 years, showcasing its financial stability and ability to sustain operations.
However, while the program expense ratio stands at 61.55%, it indicates that a larger portion of expenses may be allocated to administrative and fundraising efforts rather than direct program spending. This could be a point of consideration for potential donors who prioritize direct impact in their contributions. Overall, the museum's strong governance and financial practices position it as a reputable nonprofit in the field.
This AI summary has been generated from information found on Charity Navigator.
Is Colorado Ski Museum Inc legitimate?
Colorado Ski Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Ski Museum Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $120,451
Professional Fundraising Fees: $0
Other Salaries and Wages: $71,597
For more financial information, click here
Official website here: www.skimuseum.net
What is the mission statement of Colorado Ski Museum Inc?
The Colorado Ski Museum Inc is committed to preserving, appreciating, and encouraging the legacy of skiing and snowboarding in Colorado. They aim to increase knowledge and provide inspiration in the field, and collect and preserve various artifacts, photographs, films, exhibits, equipment, and clothing representing over a century of Colorado skiing. This includes the legacy of the 10th Mountain Army Division during World War II and beyond. The museum offers daily films, lectures, and presentations related to this division. They also recognize individuals who have made significant impacts in Colorado skiing and snowboarding through their Hall of Fame. The facility is open daily with free admission, and the museum provides free tours of the museum and surrounding Vail Mountain area, serving, educating, and inspiring thousands of people.
Official website here: www.skimuseum.net
Who is the CEO of Colorado Ski Museum Inc?
Todger Anderson is the Treasurer of Colorado Ski Museum Inc.
Official website here: www.skimuseum.net
What is the revenue of Colorado Ski Museum Inc?
Colorado Ski Museum Inc's revenue in 2022 was $2,626,625.
Official website here: www.skimuseum.net
Who are the executives of Colorado Ski Museum Inc and what are their salaries?
The average compensation at Colorado Ski Museum Inc during 2022 was $13,718. There are 14 employees at Colorado Ski Museum Inc.
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Official website here: www.skimuseum.net
Where can I find the form 990 for Colorado Ski Museum Inc?
Colorado Ski Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.skimuseum.net
Learn more at the official website: www.skimuseum.net
Mission Statement of Colorado Ski Museum Inc
The Colorado Ski Museum Inc is committed to preserving, appreciating, and encouraging the legacy of skiing and snowboarding in Colorado. Their mission involves increasing public knowledge of and providing inspiration for these winter sports. The organization collects and preserves a vast array of historical and current photographs, films, exhibits, artifacts, equipment, and clothing, representing over 130 years of Colorado skiing. This includes the legacy of the 10th Mountain Army Division, its role in World War II, and beyond.
The Colorado Ski Museum Inc also recognizes individuals who have made significant contributions to Colorado skiing and snowboarding in their Hall of Fame. Situated in a facility open to the public daily with free admission, the museum provides free tours of the museum and the surrounding Vail Mountain area. Through daily films, lectures, and presentations related to the 10th Mountain Army Division, thousands have been served, educated, and inspired by the Colorado Ski Museum Inc.
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Impact
July, 2024
Colorado Ski Museum Inc has a significant impact on preserving, educating, and encouraging the public about the legacy of skiing and snowboarding in Colorado. Through its curation of the Colorado Ski Museum, the organization provides visitors with access to historical and current artifacts, photographs, films, exhibits, and clothing that showcase over 130 years of Colorado skiing history.
One of the key aspects of the museum's impact is its dedication to educating the public about the 10th Mountain Ski Division of the US Army and its historical activities, particularly in relation to World War II and beyond. By digitizing historic films and videos spanning 70 years of ski history in Colorado, the museum ensures that this rich legacy is accessible to a wider audience.
Furthermore, the Colorado Ski Museum honors individuals who have made significant contributions to Colorado skiing and snowboarding through its Hall of Fame exhibit. By recognizing and celebrating these individuals, the museum not only preserves their legacies but also inspires future generations to continue advancing the sport.
Overall, the Colorado Ski Museum Inc plays a crucial role in preserving the rich history of skiing and snowboarding in Colorado, providing educational resources, and inspiring visitors to appreciate and engage with the sport's legacy.
This information is meant to be a general summary of Colorado Ski Museum Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $12,472
- Program Service Revenue: $6,943
- Gross Receipts: $2,953,613
Assets and Liabilities:
- Total Assets: $5,304,953
- Total Liabilities: $20,896
- Net Assets: $5,284,057
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Educational Program
Revenue
$6,943
Organization Details
Founding Year
1975
Phone
(970) 476-1876Principal Officer
Todger Anderson
Main Address
PO Box 1976, Vail, CO, 81658
Website
www.skimuseum.netNTEE Category
Code: A500 - Arts
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