US NATIONAL SKI HALL OF FAME AND MUSEUM INC

EIN: 382561101 501(c)(3) Arts, Culture & Humanities

ISHPEMING, MI

Total Revenue
$1,099,583
Total Expenses
$509,624
Total Assets
$1,321,293
Net Assets
$1,055,668
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
MI
Phone
9064856323
Tax Period
2024-01-01 to 2024-12-31

US NATIONAL SKI HALL OF FAME AND MUSEUM INC, founded in 1984, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $590K, a strong 54% operating margin.

Mission

TO CONDUCT, STORE AND DISPLAY U.S. HISTORIC SKI RECORDS, EQUIPMENT, DOCUMENTS, AND PHOTOGRAPHS TO PUBLISH LITERATURE WHICH EDUCATES AND PRESERVES THE U.S. SKIING HERITAGE TO MAINTAIN THE RECOGNITION OF SKI ATHLETES AND TO CONDUCT THEIR INDUCTION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $857,932
Program Service Revenue $7,616
Investment Income $19,291
Other Revenue $214,744
TOTAL REVENUE $1,099,583

Expense Breakdown

Grants Paid $0
Salaries & Benefits $190,156
Fundraising Expenses $185,307
Program Expenses $241,651
Other Expenses $319,468
TOTAL EXPENSES $509,624

Year-over-Year Comparison

2024 2023 Change
Revenue $1,099,583 $725,505 +0.5%
Expenses $509,624 $563,183 -0.1%
Net Income $589,959 $162,322 +2.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
24
Independent Members
24
Employees
3
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✓ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
25
$92,380
Key Employees
1
$92,380
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUSTIN KOSKI EXECUTIVE DIRECTOR 040.00
Director Key Emp Highest
$85,000 $7,380 $92,380
BRIAN FAIRBANK CO-CHAIRMAN 002.00
Officer Director
$0 $0 $0
BOB ORBACZ TREASURER 002.00
Officer Director
$0 $0 $0
CHARLES SANDERS CO-CHAIRMAN 000.50
Director
$0 $0 $0
TOM ANDERSON VICE CHAIR 000.50
Director
$0 $0 $0
MICHAEL JAQUET DIRECTOR 000.50
Director
$0 $0 $0
GENIA FULLER DIRECTOR 000.50
Director
$0 $0 $0
STEPHEN KIRCHER DIRECTOR 000.50
Director
$0 $0 $0
BILL QUIGLEY DIRECTOR 000.50
Director
$0 $0 $0
DAVID SCOTT DIRECTOR 000.50
Director
$0 $0 $0
MICHAEL BISNER DIRECTOR 000.50
Director
$0 $0 $0
MATT PALOMAKI DIRECTOR 000.50
Director
$0 $0 $0
PETER GRAVES DIRECTOR 000.50
Director
$0 $0 $0
RAELENE DAVIS DIRECTOR 000.50
Director
$0 $0 $0
DAVID HOLLI DIRECTOR 000.50
Director
$0 $0 $0
DAVE BELIN DIRECTOR 000.50
Director
$0 $0 $0
FRIDA WAARA DIRECTOR 000.50
Director
$0 $0 $0
CHRIS WADDELL DIRECTOR 000.50
Director
$0 $0 $0
CHRISTINE DONOVAN DIRECTOR 000.50
Director
$0 $0 $0
DAVID INGEMIE DIRECTOR 000.50
Director
$0 $0 $0
REESE BROWN DIRECTOR 000.50
Director
$0 $0 $0
CATE THERO DIRECTOR 000.50
Director
$0 $0 $0
TOM KELLY DIRECTOR 000.50
Director
$0 $0 $0
MICHAEL REITZELL DIRECTOR 000.50
Director
$0 $0 $0
DANIKA CAREY DIRECTOR 000.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,099,583 $509,624 $1,321,293 $589,959
2024 No data No data No data No data
2023 $725,505 $563,183 $888,872 $162,322
2023 $698,360 $542,229 $861,493 $156,131
2022 $402,444 $441,454 $861,296 $-39,010
2021 $458,167 $416,170 $873,797 $41,997
2020 $236,298 $314,615 $788,201 $-78,317
2019 $303,414 $364,709 $814,331 $-61,295
2018 $307,315 $412,355 $873,621 $-105,040
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