A Carousel for Missoula Foundation Inc

Analysis

A Carousel for Missoula Foundation Inc is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, A Carousel for Missoula Foundation Inc reported income of $306k and spending of $311k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $306k (-80%), an average of -33% a year. The sharpest change came in the year to December 2022, when income rose by 130%. Over the whole period it spent 54% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, A Carousel for Missoula Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MT. Charities of a similar size with the same main cause include Camp Eeshay of NJ Inc ($305k), Capital Theatre on Ice ($306k) and Solvay Tigers Athletic Club Inc ($305k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $57k (18% of expenses). Other salaries and wages came to $142k. At year end it held assets of $2.0m against liabilities of $6,953, net assets of $2.0m. It reported 34 employees.