Missoula Community Foundation
- Assets
- $895.0k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 5
- Location
- Missoula, MT
- Founding
- 06/2003
- Data as of
- 12/2022
- EIN
- 81-0539830
Organization Overview
Missoula Community Foundation is located in Missoula, MT. The organization was established in 2003. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Missoula Community Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Missoula Community 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 12/2022, Missoula Community Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.7% each year . All expenses for the organization totaled $892.7k during the year ending 12/2022. While expenses have increased by 12.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Missoula Community Foundation has awarded 63 individual grants totaling $1,095,990. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE COMMUNITY VITALITY BY INSPIRING COMMUNITY GIVING AND STRENGTHENING NONPROFITS
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUND SERVICES & EDUCATION: THE FOUNDATION ADMINISTERED THE RECEIPT OF CHARITABLE ASSETS THROUGH A VARIETY OF CHARITABLE GIVING TOOLS SUCH AS DONOR ADVISED FUNDS, PERMANENT ENDOWMENTS, AND CHARITABLE GIFT ANNUITIES FOR THE PURPOSE OF MAKING GRANTS TO VARIOUS NONPROFITS.
COMMUNITY SUPPORT PROGRAMS: THE FOUNDATION SUPPORTED THE COMMUNITY AND LOCAL NONPROFITS THROUGH THE FOLLOWING: MISSOULA GIVES: AN ANNUAL DAY OF GIVING THAT TOOK PLACE IN MAY OF 2022 WHICH RAISED OVER $1.2 MILLION FROM 3967 DONORS FOR 186 NONPROFITS IN MISSOULA COUNTY. WOMEN'S GIVING CIRCLE: A PHILANTHROPIC COLLABORATIVE GRANTING GROUP OF WOMEN WHO AWARDED $12,000 IN GRANTS IN 2022 SMALL GRANTS TO NONPROFITS: GRANTS AWARDED TO LOCAL NONPROFITS BOTH THROUGH A COMPETITIVE GRANT PROCESS AND AS PASS-THROUGH GRANTS. SCHOLARSHIPS: THE FOUNDATION MANAGED SCHOLARSHIP FUNDS AND AWARDED SCHOLARSHIPS.
FISCAL SPONSORSHIP: THE MISSOULA COMMUNITY FOUNDATION INCUBATED IDEAS AND PROJECTS THROUGH FISCAL SPONSORSHIP. THE FOUNDATION RECEIVED AND ADMINISTERED CHARITABLE CONTRIBUTIONS DESIGNATED FOR OTHER ORGANIZATIONS THAT WERE EITHER APPLYING FOR THEIR 501C(3) STATUS OR IMPLEMENTING A ONE-TIME PROJECT IN ALIGNMENT WITH OUR MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcy Allen Executive Dir. | Officer | 40 | $97,708 |
Julie Sirrs Board Member | Trustee | 2 | $0 |
Amy Ragsdale Board Member | Trustee | 2 | $0 |
Charity O'connor Secretary | OfficerTrustee | 2 | $0 |
Rob Richardson Board Member | Trustee | 2 | $0 |
Cindy Waltz Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $38,280 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,261,429 |
| Noncash contributions included in lines 1a–1f | $292,044 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,299,709 |
| Total Program Service Revenue | $45,025 |
| Investment income | $1,475 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,346,209 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $643,392 |
| Grants and other assistance to domestic individuals. | $4,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $97,708 |
| Compensation of current officers, directors, key employees. | $55,019 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $42,558 |
| Pension plan accruals and contributions | $2,818 |
| Other employee benefits | $654 |
| Payroll taxes | $11,611 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,773 |
| Fees for services: Accounting | $14,868 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,339 |
| Advertising and promotion | $6,448 |
| Office expenses | $5,775 |
| Information technology | $16,423 |
| Royalties | $0 |
| Occupancy | $16,562 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,372 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,212 |
| All other expenses | $395 |
| Total functional expenses | $892,708 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $424,273 |
| Savings and temporary cash investments | $0 |
| 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 | $250 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $436,639 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $33,795 |
| Total assets | $894,957 |
| Accounts payable and accrued expenses | $20,028 |
| 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 | $16,855 |
| Total liabilities | $36,883 |
| Net assets without donor restrictions | $142,789 |
| Net assets with donor restrictions | $715,285 |
| 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 | $894,957 |
Grants Awarded
Over the last fiscal year, Missoula Community Foundation has awarded $550,735 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
ARTS MISSOULA PURPOSE: GENERAL OPERATING | $21,918 |
BLUE MOUNTAIN CLINIC PURPOSE: GENERAL OPERATING | $12,997 |
COMMUNITY FOOD & AGRICULTURE PURPOSE: GENERAL OPERATING | $13,756 |
EMPOWER MT PURPOSE: GENERAL OPERATING | $11,092 |
FLORENCE CARLTON COMMUNITY CH PURPOSE: GENERAL OPERATING | $50,000 |
FREE VERSE WRITING PROJECT PURPOSE: GENERAL OPERATING | $20,647 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Missoula Community Foundation Missoula, MT | $894,957 | $1,346,209 |
Ndn Fund Rapid City, SD | $10,076,823 | $1,858,445 |
Whitefish Thrift Haus Inc Whitefish, MT | $195,974 | $611,701 |
Cooperstown Municipal Association Cooperstown, ND | $1,409,438 | $493,602 |
Fairfield Education And Community Association Fairfield, MT | $693,767 | $196,408 |
Fearless Foundation Sioux Falls, SD | $151,293 | $0 |
Laurel Montana Community Foundation Incorporated Laurel, MT | $843,111 | $174,897 |
Achievement Unlimited Foundation Fargo, ND | $1,026,326 | $60,362 |
Wallace Christmas Fund Silverton, ID | $190,342 | $0 |
Gackle Community Boosters Gackle, ND | $2,630 | $14,455 |
Christmas With Truckers Corp Homedale, ID | $50 | $0 |
Legends Veteran Organization Inc Eagle, ID | $2,625 | $0 |