Trigg-C M Russell Foundation Inc

Analysis

Trigg-C M Russell Foundation Inc is a registered charity in United States, based in Great Falls, MT. It received its IRS tax-exemption ruling in September 1954, 72 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Trigg-C M Russell Foundation Inc reported income of $3.6m and spending of $3.2m, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $5.7m to $3.6m (-37%), an average of -11% a year. The sharpest change came in the year to September 2023, when income dropped by 34%. Over the whole period it spent 59% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Trigg-C M Russell Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within MT. Charities of a similar size with the same main cause include Wireless Research Center of North Carolina ($3.6m), National Space Grant Foundation Inc ($3.6m) and Arts Council of Oklahoma City ($3.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 37% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $274k (8.6% of expenses). Other salaries and wages came to $998k. At year end it held assets of $24.7m against liabilities of $717k, net assets of $24.0m. It reported 44 employees.