Montana State University Bobcat Club
- Assets
- $3.2m
- Revenue
- $465.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Bozeman, MT
- Founding
- 03/1979
- Data as of
- 06/2021
- EIN
- 81-0378594
Organization Overview
Montana State University Bobcat Club is located in Bozeman, MT. The organization was established in 1979. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montana State University Bobcat Club 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, Montana State University Bobcat Club generated $465.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $223.3k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (13.0%) per year over the past 6 years. 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
THE BOBCAT CLUB SUPPORTS THE MONTANA STATE UNIVERSITY ATHLETICS DEPARTMENT BY PROVIDING FUNDS FOR THE ATHLETIC SCHOLARSHIP FUND. THESE FUNDS ARE RAISED THROUGH EVENTS THAT ARE HELD THROUGHOUT THE STATE OF MONTANA, ONLINE EVENTS, AND THROUGH FUNDS GENERATED THROUGH THE PURCHASE AND RENEWAL OF THE BOBCAT CLUB LICENSE PLATE WITH THE STATE OF MONTANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BOBCAT CLUB SUPPORTS THE MONTANA STATE UNIVERSITY ATHLETICS DEPARTMENT BY PROVIDING FUNDS FOR THE ATHLETIC SCHOLARSHIP FUND. THESE FUNDS ARE RAISED THROUGH EVENTS THAT ARE HELD THROUGHOUT THE STATE OF MONTANA, ONLINE EVENTS, AND THROUGH FUNDS GENERATED THROUGH THE PURCHASE AND RENEWAL OF THE BOBCAT CLUB LICENSE PLATE WITH THE STATE OF MONTANA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dale Mahugh Vice President | OfficerTrustee | 1 | $0 |
Todd Smith President | OfficerTrustee | 1 | $0 |
Dan Barz Pres Post Tem | OfficerTrustee | 1 | $0 |
Leon Costello Athletic Dir. | Officer | 1 | $0 |
Ron Aasheim Director | Trustee | 1 | $0 |
Deb Hicks Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $44,787 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $250,235 |
| Noncash contributions included in lines 1a–1f | $44,787 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $295,022 |
| Total Program Service Revenue | $0 |
| Investment income | $161,649 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$453 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $465,385 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $134,902 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $33,328 |
| Fees for services: Other | $17,750 |
| Advertising and promotion | $154 |
| Office expenses | $967 |
| Information technology | $3,300 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $79 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $485 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,487 |
| All other expenses | $202 |
| Total functional expenses | $223,258 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $292,719 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,000 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,073,742 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,816,762 |
| Total assets | $3,203,223 |
| Accounts payable and accrued expenses | $6,200 |
| Grants payable | $0 |
| Deferred revenue | $30,000 |
| 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 | $36,200 |
| Net assets without donor restrictions | $1,434,810 |
| Net assets with donor restrictions | $1,732,213 |
| 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 | $3,203,223 |
Grants Awarded
Over the last fiscal year, Montana State University Bobcat Club has awarded $657,082 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
MSU ATHLETICS PURPOSE: SCHOLARSHIPS | $309,603 |
MSU ATHLETICS PURPOSE: SCHOLARSHIPS | $309,603 |
MSU ATHLETICS PURPOSE: SPORT SPECIFIC SUPPORT | $18,938 |
MSU ATHLETICS PURPOSE: SPORT SPECIFIC SUPPORT | $18,938 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Montana State University Bobcat Club has recieved totaling $112,145.
| Awarding Organization | Amount |
|---|---|
Heisey Foundation Great Falls, MT PURPOSE: AWARDS & SCHOLARSHIPS | $80,850 |
Darcy Lynn Dengel Foundation Inc Lewistown, MT PURPOSE: NURSING SCHOLARSHIPS | $30,000 |
Berneice U Lynn Foundation Carlsbad, CA PURPOSE: SCHOLARSHIP | $1,105 |
First Interstate Bancsystem Foundation Inc Billings, MT PURPOSE: GENERAL OPERATING SUPPORT | $190 |
Endowment Analysis
| Beg. Balance | $1,551,425 |
| Earnings | $473,376 |
| Admin Expense | $33,328 |
| Net Contributions | $27,000 |
| Grants | $68,109 |
| Ending Balance | $1,950,364 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Montana Higher Education Student Assistance Corporation Helena, MT | $454,297,151 | $15,047,614 |
Waitt Foundation North Sioux City, SD | $157,175,219 | $6,009,824 |
Team Makers Club Inc Fargo, ND | $24,927,572 | $16,460,437 |
Western States Learning Corporation Cheyenne, WY | $7,278,085 | $6,097,150 |
J R Simplot Company Foundation Inc Boise, ID | $71,703,701 | $5,686,010 |
Idaho Association For The Education Of Young Children Boise, ID | $1,636,700 | $5,141,669 |
Central States Fair Rapid City, SD | $6,354,015 | $4,358,357 |
Valley Senior Living Grand Forks, ND | $804,854 | $3,496,436 |
C H Robinson Worldwide Foundation Sioux Falls, SD | $19,568,040 | $4,443,280 |
Ndscs Foundation Wahpeton, ND | $50,662,223 | $6,003,050 |
South Dakota Partners In Education Sioux Falls, SD | $284,473 | $2,000,094 |
Lake Area Technical College Foundation Watertown, SD | $28,796,845 | $15,847,172 |