Montrose Botanical Society Inc

Analysis

Montrose Botanical Society Inc is a registered charity in United States, based in Montrose, CO. It received its IRS tax-exemption ruling in June 1997, 29 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 December 2023, Montrose Botanical Society Inc reported income of $57k and spending of $49k, spending 86% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $317k to $57k (-82%), an average of -58% a year. The sharpest change came in the year to December 2022, when income dropped by 81%. Over the whole period it spent 38% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Montrose Botanical Society Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within CO. Charities of a similar size with the same main cause include Zamorano Club ($57k), Seguin Texas Theatre ($57k) and Wade L Bourne Nature Center Foundation Inc ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $430k against liabilities of $0, net assets of $430k.