2024-03-29T09:53:00-05:00 2023-12-31 N&D TAX AND ADVISORY LLC 1741 SIDEWINDER DR STE 200 PARK CITY UT 84060 990 2023-01-01 870513670 Alf Engen Ski Museum Foundation Inc % CONNIE NELSON ALF 4356584240 PO Box 980187 Park City UT 84098 Ron Steele Chairman 4356584240 2024-03-28 true Ron Steele 999009999 true GARRIT G DAHL P01381099 4356553300 X 2023 2023-04-26 12:10:37Z Ron Steele PO Box 980187 Park City UT 84098 828367 false X www.EngenMuseum.org X See Schedule O 16 14 21 30 0 379926 446543 184384 166947 87689 76427 4210 11180 656209 701097 0 0 0 0 263507 285087 0 0 150573 422242 514808 685749 799895 -29540 -98798 5654335 5592813 18201 17875 5636134 5574938 See Schedule O false false 480778 166947 The Alf Engen Ski Museum educated and entertained 445,000 visitors in 2023 with free entry to two history museums. The virtual Mountain Sports Simulator and corresponding Virtual Ski Jump are offered at $6 per person. The Mountain Sports Simulator is now 10 years old, so we had to upgrade the software and hardware systems in 2023. This resulted in some downtime on the simulator, but it is now updated and has more safety features. We educated over 1,750 Grade 4 students, teachers, and parents through our Educational Field Trip Program. We inducted three new ski pioneers on August 24th, 2023, bringing our total Hall of Fame inductees to ninety-one. We have paid a 60% deposit for the remodel of the Intermountain Ski Hall of Fame foyer, as a component of the Entrance to Museum upgrade project. The Hall of Fame remodel is scheduled to be completed in time for the Induction Ceremony to be held on August 21st, 2024. 480778 true true false false false false false true false true true false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false true 3 0 true 21 true false false false false false false false false false false false false false false X 16 14 true false false false false false false true true false false false true false false false false true false false X CONNIE NELSON 4356584240 PO BOX 980187 Park City UT 84098 Ron Steele Chairman 5.0 0.0 X X 0 0 0 David L Vandehei Chairman Emeritus 1.0 0.0 X X 0 0 0 Tom Kelly Chairman Emeritus 1.0 0.0 X X 0 0 0 Mike C Korologos Vice President 2.0 0.0 X X 0 0 0 Barbara Yamada Secretary 5.0 0.0 X X 0 0 0 Michael Maghan Treasurer 2.0 0.0 X X 0 0 0 Megan Collins Trustee 1.0 0.0 X 0 0 0 David Davenport Trustee 1.0 0.0 X 0 0 0 John Durham Trustee 2.0 0.0 X 0 0 0 Spencer P Eccles Trustee 1.0 0.0 X 0 0 0 Alan K Engen Trustee 2.0 0.0 X 0 0 0 Todd Engen Trustee 1.0 0.0 X 0 0 0 Jim Gaddis Trustee 1.0 0.0 X 0 0 0 David Quinney Trustee 1.0 0.0 X 0 0 0 Nathan Rafferty Trustee 1.0 0.0 X 0 0 0 Dr Gregory C Thompson Trustee 2.0 0.0 X 0 0 0 0 0 0 0 false false false 0 60453 246723 139367 446543 EXHIBIT FEES 166947 166947 166947 91697 91697 0 0 0 0 0 67978 83248 -15270 -15270 54264 44022 10242 0 0 0 890 0 890 MISCELLANEOUS INCOME 48 48 48 701097 166995 91697 0 0 0 0 97880 29364 44046 24470 0 163958 53730 70861 39367 0 3911 1173 1760 978 19338 5801 8702 4835 0 0 15171 15171 0 0 0 0 61929 61929 3574 3574 709 709 0 108717 97845 5436 5436 3606 3606 0 1446 1446 0 0 188076 188076 26162 15176 7551 3435 EXHIBIT EXPENSES 74243 74243 MEMBERSHIP PROGRAM 6471 6471 WEBSITE DEVELOPMENT 4000 4000 NEWLETTER EXPENSE 6594 6594 14110 4776 7128 2206 799895 480778 168544 150573 229416 259376 124620 84924 0 0 6000 40273 0 0 0 0 3534174 3495482 0 0 2364 2364 2357688 1384563 1094652 973125 299280 356340 175478 192578 0 0 0 0 188351 188351 5654335 5592813 18201 17875 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 18201 17875 X 5370056 5227161 266078 347777 5636134 5574938 5654335 5592813 -98798 37602 X true X false true false X 322830 397446 435861 379926 446543 1982606 0 0 322830 397446 435861 379926 446543 1982606 27042 1955564 89275 86026 85835 85682 91697 438515 0 0 2421121 222149 0.80771 0.80170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X false 175478 17100 192578 195402 -19924 175478 174290 21112 195402 193200 4090 23000 174290 170682 22518 193200 1.00000 false false 2061431 1088306 973125 220154 220154 76103 76103 973125 738700 37603 37603 701097 701097 799895 799895 799895 Part III, Line 1a - Terms for Not Reporting Assets Per SFAS 116 The collection, which was acquired through purchases and contributions since the Foundation's inception, is not recognized as an asset on the statement of financial position. Purchases of collection items are recorded as decreases in net assets in the year acquired. Contribution collection items are not reflected in the financial statements. Part III, Line 4 - Collections and Relation to Exempt Purpose The Foundation's museum collection is made up of artifacts and education exhibits which highlight the many contributions made in ski area development, athletic competition, snow safety, ski innovation, and ski teaching methods. All of the items are cataloged, preserved, and cared for, and activities verifying their existence and assessing their condition are performed continuously. The collection is subject to a policy that requires proceeds from sales to be used to acquire other items for the collection. Part V, Line 4 - Intended Uses for Endowment Funds The Foundation has an endowment fund that was received from a single donor with the requirement that the principle amount be held in perpetuity while earnings and/or increase in value of the investments are temporarily restricted for use toward future "directed projects" as determined by the Board of Directors. The Board of Directors interprets state law as requiring prudence in the investment management of endowment funds. To meet this objective, the Board of Directors and management periodically assess the performance and earnings of the investments purchased with endowment funds in order to ensure that the intent and purpose of the endowment funds are being carried out and maintained. The Foundation does not have a formal investment policy relating to the endowment fund, however, the Foundation has invested the funds in relatively low-risk investments. Intermtn Ski Ha 54264 54264 44022 0 54264 54264 44022 44022 10242 Form 990 - Organization's 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. Form 990, Part I, Line 6 Board members provide volunteer services. Other volunteers perform museum docent services. Form 990, Part VI, Line 2 - Related Party Information Among Officers Alan K. Engen Todd Engen Chairman Emeritus Trustee Father-Son Form 990, Part VI, Line 11b - Organization's Process to Review Form 990 A completed copy of the return is provided to Board members and the executive director reviews the Form 990 before filing. Form 990, Part VI, Liine 15a - Compensation Process for Top Official Compensation for the Executive Director is determined by the Board of Directors, based on performance evaluations and comparable data, and recorded in Board meeting minutes. Part 990, Part VI, Line 19 - Governing Documents Disclosure Explanation Governing documents, public inspection copies of Form 990, and other pertinent documents are made available at the Museum office upon request.