Yellowstone Western Heritage Center Foundation
- Assets
- $760.5k
- Revenue
- $324.6k
- Investments
- $0.0
- Employees
- 8
- Location
- Billings, MT
- Founding
- 01/1974
- Data as of
- 06/2021
- EIN
- 23-7155997
Organization Overview
Yellowstone Western Heritage Center Foundation is located in Billings, MT. The organization was established in 1974. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Yellowstone Western Heritage Center Foundation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yellowstone Western Heritage Center Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Yellowstone Western Heritage Center Foundation generated $324.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $325.7k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A MUSEUM FOR THE RESIDENTS & VISITORS OF YELLOWSTONE COUNTY, MONTANA
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXHIBITS, EDUCATION, PRESS-LECTURES, & PUBLICATIONS OFFERED TO THE GENERAL PUBLIC & MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Kooistra Executive Director | Officer | 40 | $60,272 |
Dulcy Niemela Treasurer | OfficerTrustee | 1 | $0 |
Cindy Lyle Director | OfficerTrustee | 1 | $0 |
Tyler Dugger President | OfficerTrustee | 1 | $0 |
Heather Smith Director | Trustee | 1 | $0 |
Tom Webber Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,608 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $194,522 |
| All other contributions, gifts, grants, and similar amounts not included above | $57,062 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $258,192 |
| Total Program Service Revenue | $39,596 |
| Investment income | $17,619 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $350 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $540 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $7,657 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $324,552 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $58,040 |
| Compensation of current officers, directors, key employees. | $34,824 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $95,250 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,535 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,195 |
| Advertising and promotion | $2,538 |
| Office expenses | $4,096 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,115 |
| Travel | $941 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,355 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,996 |
| Insurance | $4,617 |
| All other expenses | $14,774 |
| Total functional expenses | $325,729 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $274,519 |
| Savings and temporary cash investments | $86,449 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $8,222 |
| Net Land, buildings, and equipment | $179,182 |
| Investments—publicly traded securities | $212,113 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $760,485 |
| Accounts payable and accrued expenses | $5,878 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,878 |
| Net assets without donor restrictions | $611,009 |
| Net assets with donor restrictions | $143,598 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $760,485 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Yellowstone Western Heritage Center Foundation has recieved totaling $15,638.
| Awarding Organization | Amount |
|---|---|
Montana History Foundation Helena, MT PURPOSE: PROMOTE AND PRESERVE MONTANA HISTORY | $8,200 |
Montana Community Foundation Inc Helena, MT PURPOSE: 2021 ANNUAL DISTRIBUTION | $7,183 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Endowment Analysis
| Beg. Balance | $127,602 |
| Earnings | $11,996 |
| Net Contributions | $4,000 |
| Ending Balance | $143,598 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Buffalo Bill Memorial Association Cody, WY | $124,253,883 | $15,385,137 |
National Music Museum Vermillion, SD | $15,649,509 | $3,706,421 |
Deadwood History Inc Deadwood, SD | $2,336,299 | $1,550,471 |
Jackson Hole Historical Society And Museum Jackson, WY | $6,212,350 | $2,045,652 |
Cheyenne Frontier Days Old West Museum Cheyenne, WY | $4,453,473 | $1,745,272 |
Warhawk Air Museum Inc Nampa, ID | $5,473,516 | $2,607,121 |
National Museum Of Forest Service History Inc Missoula, MT | $9,304,564 | $3,286,880 |
The Journey Rapid City, SD | $614,178 | $845,602 |
Dakota Territory Air Museum Inc Minot, ND | $3,761,090 | $358,302 |
Museum Of The Old West Cody, WY | $2,836,628 | $384,896 |
Laramie Plains Museum Association Inc Larmaie, WY | $4,911,786 | $292,989 |
Yellowstone Western Heritage Center Foundation Billings, MT | $760,485 | $324,552 |