Civic Intelligence

Washington State Ski & Snowboard Museum

990 • Fiscal year 2020 • EIN 46-1079092

Jan 01, 2020 to Dec 31, 2020 • Filed on Jan 01, 2022

7900 SE 28th St Suite 236Mercer Island, WA 98040

(206) 854-3626

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

20th percentile

-23%

Higher net margin than 20% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

36th percentile

-3.4%

Faster asset growth than 36% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

20th percentile

-54%

Faster revenue growth than 20% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$489,136

Down $17,320 (-3.4%) from 2019

Net Assets

Down

$488,467

Down $15,783 (-3.1%) from 2019

Liabilities

Down

$669

Down $1,537 (-70%) from 2019

Revenue

Down

$70,114

Down $83,080 (-54%) from 2019

Expenses

Down

$85,897

Down $57,469 (-40%) from 2019

Net Income

Down

-$15,783

Down $25,611 (-261%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2014: $221,116Liabilities 2014: $34,5462014Assets 2015: $676,821Liabilities 2015: $125,675Net Assets 2015: $551,1462015Assets 2016: $688,767Liabilities 2016: $83,604Net Assets 2016: $605,1632016Assets 2017: $643,630Liabilities 2017: $62,767Net Assets 2017: $580,8632017Assets 2018: $554,093Liabilities 2018: $11,389Net Assets 2018: $542,7042018Assets 2019: $506,456Liabilities 2019: $2,206Net Assets 2019: $504,2502019Assets 2020: $489,136Liabilities 2020: $669Net Assets 2020: $488,4672020Assets 2021: $465,259Liabilities 2021: $6,961Net Assets 2021: $458,2982021Assets 2022: $453,229Liabilities 2022: $4,458Net Assets 2022: $448,7712022Assets 2023: $445,948Liabilities 2023: $1,192Net Assets 2023: $444,7562023Assets 2024: $456,017Liabilities 2024: $1,345Net Assets 2024: $454,6722024

Highlighted filing

2020

Assets$489,136
Liabilities$669
Net Assets$488,467

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2014: $92,837Expenses 2014: $10,435Net Income 2014: $82,4022014Revenue 2015: $436,160Expenses 2015: $71,584Net Income 2015: $364,5762015Revenue 2016: $140,050Expenses 2016: $88,572Net Income 2016: $51,4782016Revenue 2017: $62,583Expenses 2017: $89,070Net Income 2017: -$26,4872017Revenue 2018: $58,805Expenses 2018: $102,436Net Income 2018: -$43,6312018Revenue 2019: $153,194Expenses 2019: $143,366Net Income 2019: $9,8282019Revenue 2020: $70,114Expenses 2020: $85,897Net Income 2020: -$15,7832020Revenue 2021: $78,435Expenses 2021: $108,604Net Income 2021: -$30,1692021Revenue 2022: $102,118Expenses 2022: $111,644Net Income 2022: -$9,5262022Revenue 2023: $126,460Expenses 2023: $130,475Net Income 2023: -$4,0152023Revenue 2024: $159,888Expenses 2024: $149,972Net Income 2024: $9,9162024

Highlighted filing

2020

Revenue$70,114
Expenses$85,897
Net Income-$15,783
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jan 1, 2022
Return Version
2020v4.0
Gross Receipts
$70,196
Mission and Program Overview

Mission

The Washington State Ski and Snowboard Museum honors our legends, preserves our history, educates visitors and inspires participation in Washington State's many ski and snowboard opportunities.

The Washington State Ski and Snowboard Museum honors Washington's ski and snowboard legends, preserves this state's ski and snowboard history, educates visitors about this rich sports story, and inspires participation in Washington State's many and varied ski and snowboard opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$400,511$386,309▼ $14,202
Cash and Non-Interest-Bearing Accounts$38,700$54,663▲ $15,963
Pledges and Grants Receivable$60,000$36,720▼ $23,280
Savings and Temporary Cash Investments$2,235$4,036▲ $1,801
Prepaid Expenses and Deferred Charges$0$2,405▲ $2,405
Inventories for Sale or Use$1,632$1,552▼ $80
Accounts Receivable$27$100▲ $73
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Total Assets$506,456$489,136▼ $17,320
Other Assets Total$3,351$3,351→ $0
Liabilities
Accounts Payable and Accrued Expenses$2,206$669▼ $1,537
Total Liabilities$2,206$669▼ $1,537
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$504,250$488,467▼ $15,783
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$504,250$488,467▼ $15,783
Total Liabilities and Net Assets / Fund Balance$506,456$489,136▼ $17,320

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$8,110$25,645$0
Leasehold Improvements$378,199$58,260$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
David MoffettDirector, President
Kirby GilbertDirector, Vice-President
Christine KingDirector
Deb ArmstrongDirector
Guy LawrenceDirector
John ForsenDirector
John SutherlandDirector
John W LundinDirector
Lowell SkoogDirector
Leeds Chamberlaindirector, Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$70,037
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$77
All Other Contributions
$70,037
Change in Net Assets
$-15,783
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$81,401
Salaries, Compensation, and Employee Benefits$4,496
Total Fundraising Expense$3,010
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$52,874$0$0$52,874
Depreciation Depletion$0$14,202$0$14,202
Other Expenses$0$5,175$0$5,175
Other Salaries and Wages$4,125$0$0$4,125
Insurance$0$2,061$0$2,061
Advertising$1,822$0$0$1,822
Information Technology$0$1,647$0$1,647
Payroll Taxes$371$0$0$371
Total Functional Expenses$59,192$23,695$3,010$85,897
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Board of Directors are considered members

Form 990, Part VI, Section A, Line 7A

Members elect Board members and Officers

Form 990, Part VI, Section A, Line 8B

We do not have any committees that have the authority of the governing body (the Board of Directors).

Form 990, Part VI, Section B, Line 11B

The exact same copy of the 2020 990 has been reviewed by the entire Board.

Form 990, Part VI, Section B, Line 12C

Conflict of interest policy is reviewed at every Board meeting. All Board members have signed off on this policy.

Form 990, Part VI, Section B, Line 15

For 15b--No compensation except for $750 per month to our Operations Manager. In 2020, due to COVID-19, we were closed a portion of the year and did not pay our Operations Manager during this time.

Form 990, Part VI, Section C, Line 19

Upon request, public will be provided our governing documents, conflict of interest policy and financial statements.

Filing and Contact Details

Filer

Filer Name
Washington State Ski & Snowboard Museum
EIN
46-1079092
Phone
2068543626
Address
7900 SE 28th St Suite 236, Mercer Island, WA 98040

Signing Officer

Name
David Moffett
Title
President
Phone
2068543626
Signed
2022-01-01

Organization Details

Principal Officer
David Moffett
Formed
2012
Legal Domicile
Wa
Voting Board Members
10
Independent Board Members
10
Employees
2
Volunteers
10
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