Montana State University Foundation

Analysis

Montana State University Foundation is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in September 1958, 68 years ago. Its declared purposes cover education, which this site groups under education and training. 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 State University Foundation reported income of $61.2m and spending of $29.4m, leaving 52% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $31.7m to $61.2m (+93%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 89%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montana State University Foundation sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MT. Charities of a similar size with the same main cause include Room to Read ($61.1m), Shady Side Academy ($61.3m) and Albright College ($61.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 5.7% of the total. Compensation of current officers, directors and key employees was $691k (2.4% of expenses). Other salaries and wages came to $5.2m. It paid $242k in professional fundraising fees. At year end it held assets of $379.1m against liabilities of $20.9m, net assets of $358.2m. It reported 80 employees.