Crosscut Mountain Sports Center Inc
- Assets
- $21.2m
- Revenue
- $5.3m
- Investments
- $5.8m
- Employees
- 83
- Location
- Bozeman, MT
- Founding
- 10/2016
- Data as of
- 04/2023
- EIN
- 81-1818317
Organization Overview
Crosscut Mountain Sports Center Inc is located in Bozeman, MT. The organization was established in 2016. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 04/2023, Crosscut Mountain Sports Center Inc employed 83 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crosscut Mountain Sports Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2023, Crosscut Mountain Sports Center Inc generated $5.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $4.5m during the year ending 04/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE YEAR-ROUND RECREATIONAL OPPORTUNITIES AND ATHLETIC SPORTS AND EDUCATION FACILITIES FOR THE TRAINING, HEALTH ENHANCEMENT, AND DEVELOPMENT OF YOUTH, AMATEUR AND PROFESSIONAL ATHLETES SEEKING TO ENGAGE IN HUMAN-POWERED OUTDOOR SPORTS INCLUDED BUT NOT LIMITED TO NORDIC SKIING, BIATHLON, AND OUTDOOR EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CROSSCUT MOUNTAIN SPORTS CENTER IS A COMMUNITY NON-PROFIT LOCATED IN BOZEMAN, MONTANA WITH A MISSION OF PROVIDING YEAR-ROUND RECREATION, SPORTS TRAINING, AND OUTDOOR EDUCATION OPPORTUNITIES FOR ALL AGES AND ABILITIES. CROSSCUT PROMOTES HEALTHY LIFESTYLES, ENVIRONMENTAL STEWARDSHIP AND YOUTH EMPOWERMENT, AND OFFERS UNPARALLELED ACCESS FOR OUTDOOR ENTHUSIASTS -- FROM NOVICE SKIERS TO OLYMPIC AND PARALYMPIC HOPEFULS.CROSSCUT MOUNTAIN SPORTS CENTER ("CROSSCUT") OFFERED OVER 34,000 TOTAL WINTER SEASON VISITS FROM NORDIC SKIERS, SNOWSHOE ENTHUSIASTS, FAT BIKE USERS, SCHOOL PROGRAMS, BIATHLON ATHLETES, INCLUDING MANY EVENTS AND COMPETITIONS. DURING THE WINTER SEASON, 7,655 KILOMETERS OF TRAILS WERE GROOMED FOR OVER 1,900 SEASON PASS HOLDERS AND WELCOMED OVER 4,000 INDIVIDUAL DAY PASS USERS. IN ADDITION, CROSSCUT PROVIDED OVER 700 NORDIC SKI LESSONS, AND TRAINING FOR MORE THAN 150 BIATHLETES FROM YOUTH TO THE MASTER ELITE LEVEL ENCOMPASSING OVER 5,500 TRAINING HOURS. THE WINTER SEASON SAW RENTALS OF OVER 2,000 SKI AND SNOWSHOES.OUTDOOR EDUCATION PROGRAMS WERE OFFERED YEAR-ROUND WITH WINTER PROGRAMS SERVING 33 SCHOOLS AND OVER 2,500 SKI EDUCATION USER DAYS. SUMMER PROGRAMS INCLUDED OVER 50 NATURE CAMPERS WITH 1,740 HOURS OF EXPLORATION AND EDUCATION, AND OVER 260 MOUNTAIN BIKE PARTICIPANTS. CROSSCUT'S MOUNTAIN BIKING PROGRAM CONTINUED TO EXPAND WITH YOUTH CAMPS, ALONG WITH CLINICS AND COMPETITIVE RACES, AND CREATION OF NEW TRAILS.CROSSCUT'S SECOND LOCATION, LIGHTNING CREEK, FOCUSED ON CAPITAL IMPROVEMENTS INSTALLING A NEW ADA VAULTED TOILET AND EXPANDING THE MAIN CABIN TO INCLUDE A LARGE MEETING SPACE THAT IS ADA COMPLIANT ALONG WITH OTHER IMPROVEMENTS TO THE 4 OTHER CABINS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Plaut Chair | OfficerTrustee | 5 | $0 |
Will Price Board Member | Trustee | 1 | $0 |
Dani Aravich Secretary | OfficerTrustee | 1 | $0 |
Eric Lammers Treasurer | OfficerTrustee | 1 | $0 |
Randy Elliott Board Member | Trustee | 1 | $0 |
Jacquie Love Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Create Construction Llc Construction | 4/29/23 | $148,543 |
Wipfli Llp Accounting | 4/29/23 | $103,530 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,718,931 |
| Noncash contributions included in lines 1a–1f | $2,317 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,718,931 |
| Total Program Service Revenue | $785,285 |
| Investment income | $10,370 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,776,738 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $20,390 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,308,973 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $757,050 |
| Compensation of current officers, directors, key employees. | $143,948 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,231,424 |
| Pension plan accruals and contributions | $108,130 |
| Other employee benefits | $211,567 |
| Payroll taxes | $181,582 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,097 |
| Fees for services: Accounting | $97,560 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $77,453 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $42,046 |
| Advertising and promotion | $34,346 |
| Office expenses | $58,669 |
| Information technology | $21,679 |
| Royalties | $0 |
| Occupancy | $54,465 |
| Travel | $50,326 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $366,800 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $513,792 |
| Insurance | $63,984 |
| All other expenses | $309,664 |
| Total functional expenses | $4,533,106 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $528,295 |
| Savings and temporary cash investments | $500,000 |
| Pledges and grants receivable | $1,211,477 |
| Accounts receivable, net | $3,900 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $19,221 |
| Net Land, buildings, and equipment | $12,793,467 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $5,790,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $393,854 |
| Total assets | $21,240,214 |
| Accounts payable and accrued expenses | $922,591 |
| Grants payable | $0 |
| Deferred revenue | $180,989 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $4,777,997 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $150,000 |
| Total liabilities | $6,031,577 |
| Net assets without donor restrictions | $12,612,739 |
| Net assets with donor restrictions | $2,595,898 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $21,240,214 |