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        <ExplanationTxt>Board has elected as an accounting policy not to capitalize any of the items in its ski and snowboard collections on its balance sheet and not report such items in its revenue statement. These items are held only for public exhibition, education and research, not for resale. This policy is reflected in the notes to the financial statements.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Schedule D, Part III, Line 4</FormAndLineReferenceDesc>
        <ExplanationTxt>All of the artifacts displayed in our ski and snowboard museum, as well as all of the stories on our many monitors, are related to honoring our legends, preserving our history and educating visitors about our rich sports story, as well as inspiring future participation in the many ski and snowboard opportunities in the State of Washington.</ExplanationTxt>
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      <SupplementalInformationDetail>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>Conflict of interest ploicy is reviewed at every Board meeting. All Board members have signed off on this policy.</ExplanationTxt>
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