Vermont Ski Museum Inc
Vermont Ski Museum: Preserving Heritage with Fiscal Prudence
EIN: 223073841 · Stowe, VT · NTEE: T99Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $217K |
| Total Expenses | $222K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $485K |
| Transparency Score | 85/100 |
Is Vermont Ski Museum Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vermont Ski Museum Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vermont Ski Museum Inc
Vermont Ski Museum Inc (EIN: 223073841) is a nonprofit organization based in Stowe, VT, classified under NTEE code T99Z. The organization reported total revenue of $217K and total assets of $469K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vermont Ski Museum Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vermont Ski Museum Inc is a small nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $196K |
| Total Expenses | $222K |
| Surplus / Deficit | $-25,945 |
| Total Assets | $490K |
| Total Liabilities | $5K |
| Net Assets | $485K |
| Operating Margin | -13.2% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 26.5 months |
Financial Health Grade: B
In 2023, Vermont Ski Museum Inc reported a deficit of $26K with expenses exceeding revenue, holds 26.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Vermont Ski Museum Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.6% | +20.6% | -5.0% |
| 2022 | +21.2% | +26.1% | -2.4% |
| 2021 | +43.9% | +0.9% | -3.9% |
| 2020 | -32.9% | -18.4% | -4.9% |
| 2019 | +12.6% | +11.6% | -5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Vermont Ski Museum Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Vermont Ski Museum Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $26K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.1%.
Executive Compensation Analysis
Executive compensation is reported at $0 across all available filings, indicating a volunteer-led organization, which is highly efficient for a nonprofit of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Vermont Ski Museum Inc's IRS 990 filings:
- Consistent decline in total assets from $649,788 in 2017 to $490,287 in 2023 warrants further investigation into asset management and depreciation policies.
Strengths
The following positive indicators were identified for Vermont Ski Museum Inc:
- Strong revenue growth, nearly doubling from $98,206 in 2020 to $196,198 in 2023, demonstrates increasing support and operational effectiveness.
- Zero reported executive compensation highlights a highly efficient, volunteer-driven operational model.
- Consistent positive net assets, despite some decline, indicates financial stability.
Frequently Asked Questions about Vermont Ski Museum Inc
Is Vermont Ski Museum Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vermont Ski Museum Inc (EIN: 223073841) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Vermont Ski Museum Inc spend its money?
Vermont Ski Museum Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Vermont Ski Museum Inc tax-deductible?
Vermont Ski Museum Inc is registered as a tax-exempt nonprofit (EIN: 223073841). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Vermont Ski Museum Inc CEO make?
Vermont Ski Museum Inc's highest-compensated officer earns $0 annually. The organization reported $217K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Vermont Ski Museum Inc's spending goes to programs?
Vermont Ski Museum Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Vermont Ski Museum Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Vermont Ski Museum Inc is above average for NTEE category T99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Vermont Ski Museum Inc located?
Vermont Ski Museum Inc is headquartered in Stowe, Vermont and files with the IRS under EIN 223073841. It is classified under NTEE code T99Z.
How many years of IRS 990 filings does Vermont Ski Museum Inc have?
Vermont Ski Museum Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $217K in total revenue.
What does Vermont Ski Museum Inc do?
Vermont Ski Museum Inc is a nonprofit organization in the Philanthropy, Voluntarism & Grantmaking sector, located in Stowe, Vermont. It is classified under NTEE code T99Z.
How much revenue does Vermont Ski Museum Inc have?
Vermont Ski Museum Inc reported total revenue of $216,748. Based on 13 IRS 990 filings on record.
What are Vermont Ski Museum Inc's total assets?
Vermont Ski Museum Inc holds total assets of $469,232 as reported in IRS 990 filings.
Where is Vermont Ski Museum Inc located?
Vermont Ski Museum Inc is based in Stowe, Vermont.
What is Vermont Ski Museum Inc's EIN?
Vermont Ski Museum Inc's Employer Identification Number (EIN) is 223073841. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Vermont Ski Museum Inc?
Vermont Ski Museum Inc is classified under NTEE code T99Z (Philanthropy, Voluntarism & Grantmaking).
Is Vermont Ski Museum Inc a registered 501(c)(3)?
Yes, Vermont Ski Museum Inc is recognized as a tax-exempt organization by the IRS. EIN: 223073841.
Does Vermont Ski Museum Inc file IRS Form 990?
Yes, Vermont Ski Museum Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Vermont Ski Museum Inc's revenue in 2023?
In the 202312 filing period, Vermont Ski Museum Inc reported total revenue of $196,198, total expenses of $222,143, and net assets of $490,287.
Is Vermont Ski Museum Inc's revenue growing or declining?
Vermont Ski Museum Inc's revenue is growing. Revenue went from $171,191 (202212) to $196,198 (202312), a +14.6% change. Based on 13 filings on record.
What is Vermont Ski Museum Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Vermont Ski Museum Inc covers tax period 202312. It shows revenue of $196,198, expenses of $222,143, total assets of $490,287, and liabilities of $5,234.
How much does Vermont Ski Museum Inc spend on programs vs administration?
Based on IRS 990 analysis, Vermont Ski Museum Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Vermont Ski Museum Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Vermont Ski Museum Inc appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 3 strengths noted.
What are the red flags for Vermont Ski Museum Inc?
The following concerns were identified: Consistent decline in total assets from $649,788 in 2017 to $490,287 in 2023 warrants further investigation into asset management and depreciation policies.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Vermont Ski Museum Inc's strengths?
Positive indicators for Vermont Ski Museum Inc include: Strong revenue growth, nearly doubling from $98,206 in 2020 to $196,198 in 2023, demonstrates increasing support and operational effectiveness.. Zero reported executive compensation highlights a highly efficient, volunteer-driven operational model.. Consistent positive net assets, despite some decline, indicates financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Vermont Ski Museum Inc compensate executives?
Executive compensation is reported at $0 across all available filings, indicating a volunteer-led organization, which is highly efficient for a nonprofit of this size. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 0% executive compensation, how does the organization ensure leadership continuity and succession planning for key roles?
The consistent 0% executive compensation suggests a strong reliance on dedicated volunteers. To ensure continuity, the organization likely has robust volunteer recruitment, training, and mentorship programs in place, fostering a pipeline of future leaders from within its volunteer base.
What factors contribute to the gradual but consistent decline in total assets from $649,788 in 2017 to $490,287 in 2023, and what is the long-term strategy to address this trend?
The decline in total assets could be due to several factors, including depreciation of physical assets, strategic divestment, or a shift in asset allocation. A long-term strategy might involve capital campaigns for new acquisitions, endowment growth, or a focus on less asset-intensive program delivery.
Filing History
IRS 990 filing history for Vermont Ski Museum Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Vermont Ski Museum Inc's revenue has grown by 88.1%, moving from $104K to $196K. Total assets decreased by 37.6% over the same period, from $785K to $490K. Total functional expenses rose by 55.7%, from $143K to $222K. In its most recent filing year (2023), Vermont Ski Museum Inc reported a deficit of $26K, with expenses exceeding revenue. The organization holds $5K in liabilities against $490K in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $485K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $196K | $222K | $490K | $5K | — | — |
| 2022 | $171K | $184K | $516K | $5K | — | — |
| 2021 | $141K | $146K | $529K | $5K | — | View 990 |
| 2020 | $98K | $145K | $550K | $21K | — | — |
| 2019 | $146K | $177K | $579K | $3K | — | View 990 |
| 2018 | $130K | $159K | $609K | $2K | — | View 990 |
| 2017 | $160K | $159K | $650K | $14K | — | — |
| 2016 | $101K | $126K | $646K | $12K | — | View 990 |
| 2015 | $121K | $132K | $667K | $8K | — | View 990 |
| 2014 | $124K | $135K | $761K | $21K | — | View 990 |
| 2013 | $142K | $155K | $787K | $37K | — | View 990 |
| 2012 | $121K | $137K | $807K | $44K | — | View 990 |
| 2011 | $104K | $143K | $785K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $196K, expenses of $222K, and assets of $490K (revenue +14.6% year-over-year).
- 2022: Revenue of $171K, expenses of $184K, and assets of $516K (revenue +21.2% year-over-year).
- 2021: Revenue of $141K, expenses of $146K, and assets of $529K (revenue +43.9% year-over-year).
- 2020: Revenue of $98K, expenses of $145K, and assets of $550K (revenue -32.9% year-over-year).
- 2019: Revenue of $146K, expenses of $177K, and assets of $579K (revenue +12.6% year-over-year).
- 2018: Revenue of $130K, expenses of $159K, and assets of $609K (revenue -18.9% year-over-year).
- 2017: Revenue of $160K, expenses of $159K, and assets of $650K (revenue +59.2% year-over-year).
- 2016: Revenue of $101K, expenses of $126K, and assets of $646K (revenue -17.1% year-over-year).
- 2015: Revenue of $121K, expenses of $132K, and assets of $667K (revenue -2.1% year-over-year).
- 2014: Revenue of $124K, expenses of $135K, and assets of $761K (revenue -12.6% year-over-year).
- 2013: Revenue of $142K, expenses of $155K, and assets of $787K (revenue +17.0% year-over-year).
- 2012: Revenue of $121K, expenses of $137K, and assets of $807K (revenue +16.4% year-over-year).
- 2011: Revenue of $104K, expenses of $143K, and assets of $785K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vermont Ski Museum Inc:
Data Sources and Methodology
This transparency report for Vermont Ski Museum Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.