Montana Institute of Sport

Analysis

Montana Institute of Sport is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in July 2022, 4 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, Montana Institute of Sport reported income of $455k and spending of $371k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $175k to $455k (+160%), an average of +160% a year. The sharpest change came in the year to December 2023, when income rose by 160%. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Montana Institute of Sport sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within MT. Charities of a similar size with the same main cause include Bear Creek Junior Sports Assoc ($455k), Future Soccer Inc ($455k) and Suburban Girls Softball ($455k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $125k (34% of expenses). At year end it held assets of $201k against liabilities of $62k, net assets of $139k. It reported 1 employees.