Montana History Foundation

Analysis

Montana History Foundation is a registered charity in United States, based in Helena, MT. It received its IRS tax-exemption ruling in March 1986, 40 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, Montana History Foundation reported income of $1.6m and spending of $1.4m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $953k to $1.6m (+66%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 72% 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 History Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within MT. Charities of a similar size with the same main cause include Vermont Symphony Orchestra Inc ($1.6m), College of Adaptive Arts ($1.6m) and Southern Ohio Museum Corporation ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% of the total. Compensation of current officers, directors and key employees was $132k (9.2% of expenses). Other salaries and wages came to $248k. At year end it held assets of $9.4m against liabilities of $639k, net assets of $8.8m. It reported 10 employees.