Out West Art Foundation Inc

Analysis

Out West Art Foundation Inc is a registered charity in United States, based in Great Falls, MT. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Out West Art Foundation Inc reported income of $74k and spending of $73k, spending 99% of its income. Across the 3 years on record, from June 2019 to June 2023, income fell from $91k to $74k (-19%), an average of -9.9% a year. The sharpest change came in the year to June 2023, when income rose by 122%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Out West Art Foundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 25th percentile within MT. Charities of a similar size with the same main cause include Musical Pathways Foundation Inc ($74k), Missoula Community Chorus Inc ($74k) and Summer Place ($74k).

Compensation of current officers, directors and key employees was $33k (46% of expenses). At year end it held assets of $92k against liabilities of $0, net assets of $92k.