Custer County Art Center Foundation Inc is located in Miles City, MT. The organization was established in 1987. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Custer County Art Center Foundation Inc 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 12/2021, Custer County Art Center Foundation Inc generated $69.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $4.6k during the year ending 12/2021. 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
SUPPORT WATERWORKS ART MUSEUM
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATION DISBURSED GRANTS TO WATERWORKS ART MUSEUM FOR SUPPORT TO ASSIST IN FURTHERACE OF ITS ACTIVITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Browning Treasurer | Trustee | $0 | |
Kathy Schlepp Vice Preside | Trustee | $0 | |
Sydney Sonneborn Director | Trustee | $0 | |
Jean Lindley President | Trustee | $0 | |
Linda Wiedeman Secretary | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $4,400 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $9,685 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $14,085 |
Total Program Service Revenue | $0 |
Investment income | $23,973 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $31,148 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $69,206 |
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. | $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 | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $4,389 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $200 |
All other expenses | $0 |
Total functional expenses | $4,589 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $38,278 |
Savings and temporary cash investments | $294,267 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $513,812 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $846,357 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $846,357 |
Net assets with donor restrictions | $0 |
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 | $846,357 |
Over the last fiscal year, Custer County Art Center Foundation Inc has awarded $29,232 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Miles City, MT PURPOSE: ANNUAL SUPPORT | $22,000 |
Miles City, MT PURPOSE: CARPET/ROOF PROJECT | $7,232 |
Over the last fiscal year, we have identified 1 grants that Custer County Art Center Foundation Inc has recieved totaling $500.
Awarding Organization | Amount |
---|---|
Bill And Charlotte Mathers Family Founda Foundation Inc Chester, MT PURPOSE: PROGRAM SUPPORT | $500 |
Organization Name | Assets | Revenue |
---|---|---|
Friends Of South Dakota Public Broadcasting Sioux Falls, SD | $8,253,361 | $5,354,022 |
Devils Tower Natural History Association Devils Tower, WY | $938,383 | $1,152,009 |
The Brinton Museum Endowment Fund Big Horn, WY | $20,866,737 | $1,190,377 |
State Historical Society Of Nd Foundation Bismarck, ND | $1,648,696 | $437,224 |
Inland Northwest Opera Inc Coeur Dalene, ID | $123,526 | $226,924 |
Foundation For Idaho History Inc Boise, ID | $243,226 | $314,601 |
Missoula Farigrounds Foundation Missoula, MT | $381,214 | $494,179 |
H Earl And Margaret Turner Clack Memorial Museum Foundation Inc Havre, MT | $666,472 | $17,180 |
Boise Philharmonic Foundation Inc Boise, ID | $2,057 | $0 |
Friends Of The Pioneer Museum Inc Glasgow, MT | $774,127 | $22,828 |
South Dakota Friends Of Traditional Music Sioux Falls, SD | $51,768 | $0 |
Friends Of The Yellowstone Gateway Museum Of Park County Inc Livingston, MT | $240,461 | $0 |