Cut Bank Masonic Foundation is located in Cut Bank, MT. The organization was established in 2008. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Cut Bank Masonic 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 12/2023, Cut Bank Masonic Foundation generated $48.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $19.9k during the year ending 12/2023. While expenses have increased by 1.4% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE EDUCATIONAL OPPORTUNITIES AND PROGRAMS THROUGH GRANTS, SCHOLARSHIPS, AND PROGRAMS TO THE COMMUNITY AND SURROUNDING AREA AS OUTLINED IN THE ORGANIZATIONS EXEMPTED PURPOSES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Sheble President | 0 | $0 | |
Chuck Gatzmeier Treasurer | 0 | $0 | |
Jr Johnson Director | 0 | $0 | |
Rod Perry Vice President | 0 | $0 | |
Kody Krapf Director | 0 | $0 | |
Starbuck Seifert Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $900 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $46,360 |
| Gain or Loss | $1,316 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $48,576 |
| 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 | $495 |
| Occupancy, rent, utilities, and maintenance | $9,352 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $64 |
| Total expenses | $19,911 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $465,987 |
| Other assets | $0 |
| Total assets | $465,987 |
| Total liabilities | $0 |
| Net assets or fund balances | $465,987 |