Montana Family Institute Inc

Analysis

Montana Family Institute Inc is a registered charity in United States, based in Laurel, MT. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover social science, 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 December 2023, Montana Family Institute Inc reported income of $752k and spending of $531k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $496k to $752k (+52%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 98%. Over the whole period it spent 67% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Montana Family Institute Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within MT. Charities of a similar size with the same main cause include Poway Center for the Performing Arts Foundation ($752k), Society for Cinema & Media Studies ($752k) and Bannermans Castle Trust Inc ($752k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $121k (23% of expenses). Other salaries and wages came to $189k. At year end it held assets of $1.6m against liabilities of $3,465, net assets of $1.6m.