Missoula Farigrounds Foundation
- Assets
- $436.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Missoula, MT
- Founding
- 01/1999
- Data as of
- 12/2022
- EIN
- 84-1396995
Organization Overview
Missoula Farigrounds Foundation is located in Missoula, MT. The organization was established in 1999. 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. Missoula Farigrounds 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 Farigrounds Foundation generated $119.6k in total revenue. All expenses for the organization totaled $64.3k during the year ending 12/2022. While expenses have increased by 20.7% per year over the past 4 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE PRIMARY FOCUS OF THE PROGRAM IN SUPPORT OF A CAPITAL CAMPAIGN TO REVITALIZE AND REBUILD THE HISTORIC MISSOULA COUNTY FAIRGROUNDS. PRESERVING A PLACE OF COMMUNITY CONNECTION THAT RENEWS CURIOSITY IN OUR RURAL ROOTS WILL ENSURE THAT OUR MOST ICONIC WESTERN MONTANA TRADITIONS LIVE ON FOR FUTURE GENERATIONS. THE VISION SHARED BY OUR COMMUNITY AND STAKEHOLDERS IS TO BUILD A REVITALIZED MISSOULA COUNTY FAIRGROUNDS, BRIDGING OUR URBAN VIBRANCY AND RURAL HERITAGE WHILE SAFEGUARDING OUR FOOD SECURITY. THE ADDITION OF A NEW ARENA & GRANDSTANDS WILL PROVIDE EXPERIENTIAL LEARNING FOR CHILDREN AND ADULTS ALIKE, SOLIDIFYING A FUTURE FOR AGRICULTURAL EDUCATION AND WESTERN SPORTING TRADITIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Burns President | 1 | $0 | |
Mike Nugent Vice President | 1 | $0 | |
Emily Brock Secretary/treasurer | 1 | $0 | |
Dale Clouse Board Member | 1 | $0 | |
Jerry Marks Board Member | 1 | $0 | |
Flanna Mclarty Administrative Support | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $117,908 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,662 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $119,570 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $63,595 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $8 |
| Other expenses | $670 |
| Total expenses | $64,273 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $436,511 |
| Other assets | $0 |
| Total assets | $436,511 |
| Total liabilities | $0 |
| Net assets or fund balances | $436,511 |