Alf Engen Ski Museum Foundation Inc

EIN: 870513670 501(c)(3) Arts, Culture & Humanities

Park City, UT

Total Revenue
$802,862
Total Expenses
$839,344
Total Assets
$5,618,661
Net Assets
$5,565,696
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Principal Officer
Ron Steele
Phone
4356584240
Tax Period
2024-01-01 to 2024-12-31

Alf Engen Ski Museum Foundation Inc is a small nonprofit in the Arts, Culture & Humanities sector that reported $803K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Net assets of $5.6M represent 83 months of operating reserves.

Mission

To preserve the rich history of skiing in the Intermountain Region by providing a world-class facility, which highlights the many contributions made in ski area development, athletic competition, snow safety, ski innovation and ski teaching methods.

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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 $531,121
Program Service Revenue $168,375
Investment Income $91,013
Other Revenue $12,353
TOTAL REVENUE $802,862

Expense Breakdown

Grants Paid $0
Salaries & Benefits $296,664
Fundraising Expenses $195,492
Program Expenses $475,582
Other Expenses $542,680
TOTAL EXPENSES $839,344

Year-over-Year Comparison

2024 2023 Change
Revenue $802,862 $701,097 +0.1%
Expenses $839,344 $799,895 +0.0%
Net Income $-36,482 $-98,798 -0.6%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
15
Employees
20
Volunteers
12

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
5
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ron Steele Chairman 5.0
Officer Director
$0 $0 $0
Tom Kelly Chairman Emeritus 2.0
Officer Director
$0 $0 $0
Mike C Korologos Vice President 5.0
Officer Director
$0 $0 $0
Barbara Yamada Secretary 5.0
Officer Director
$0 $0 $0
Michael Maghan Treasurer 2.0
Officer Director
$0 $0 $0
Megan Collins Trustee 3.0
Director
$0 $0 $0
David Davenport Trustee 0.0
Director
$0 $0 $0
John Durham Trustee 2.0
Director
$0 $0 $0
Spencer P Eccles Trustee 0.0
Director
$0 $0 $0
Alan K Engen Chairman Emeritus 2.0
Director
$0 $0 $0
Todd Engen Trustee 1.0
Director
$0 $0 $0
Jim Gaddis Trustee 1.0
Director
$0 $0 $0
David Quinney Trustee 0.0
Director
$0 $0 $0
Nathan Rafferty Trustee 1.0
Director
$0 $0 $0
Dr Gregory C Thompson Trustee 1.0
Director
$0 $0 $0
Luke Bodensteiner Trusee 1.0
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
2025 No data No data No data No data
2024 $802,862 $839,344 $5,618,661 $-36,482
2023 $701,097 $799,895 $5,592,813 $-98,798
2022 $656,209 $685,749 $5,654,335 $-29,540
2021 $742,917 $573,075 $5,753,623 $169,842
2020 $643,891 $523,384 $5,565,830 $120,507
2019 $554,090 $513,847 $5,438,016 $40,243
2018 $536,347 $560,329 $5,342,520 $-23,982
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