Clay Studio of Missoula

Analysis

Clay Studio of Missoula is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Clay Studio of Missoula reported income of $442k and spending of $476k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $312k to $442k (+42%), an average of +9.1% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clay Studio of Missoula sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within MT. Charities of a similar size with the same main cause include Adirondack Folk School Incorporated ($442k), Julia L Butterfield Memorial Library ($442k) and Christian Faith Academy of Higher Learning Inc ($442k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $57k (12% of expenses). Other salaries and wages came to $170k. At year end it held assets of $302k against liabilities of $3,136, net assets of $299k. It reported 14 employees.