Squaw Valley Ski Museum Foundation Inc

Overview

The Squaw Valley Ski Museum Foundation Inc, with EIN 263480974, is a U.S. nonprofit organization dedicated to preserving and celebrating the history of winter sports, particularly skiing, in the Western United States. The foundation focuses on the legacy of the 1960 Winter Olympics held at Squaw Valley and the broader cultural impact of winter sports in the Sierra Nevada region.

Mission and Objectives

The foundation's primary mission is to collect, preserve, exhibit, and interpret the heritage of Western skiing. It aims to create a comprehensive, year-round museum that would serve as a cultural and educational hub for the community and visitors alike. The museum is envisioned as a major asset to the North Lake Tahoe area, offering extensive historical exhibits, interactive media, archives, and research collections.

Project Development

Since its inception in 2008, the Squaw Valley Ski Museum Foundation has been working towards establishing a museum at Squaw Valley Park. The proposed site, located near the historic Olympic rings monument, requires rezoning, traffic studies, and infrastructure development. The foundation has selected architects to lead the design process, with plans to submit land use applications and secure necessary approvals.

The museum is projected to have about 16,000 square feet of usable space, built into the hillside. The estimated construction cost is between $10 million and $15 million, with funding reliant on private donations and grants. The initial fundraising target is set at $250,000.

Financial Status

Historically, the foundation has operated with varying financials, reflecting its development stage and fundraising efforts. Its total assets have been around $1 million to $1.18 million, while liabilities have remained relatively low.

Conclusion

The Squaw Valley Ski Museum Foundation Inc remains committed to honoring the rich history of winter sports and the 1960 Winter Olympics. Despite challenges in securing a site and funding, the organization continues to push forward with its vision for a comprehensive museum dedicated to celebrating winter sports heritage in the Western United States.