Montana History Foundation
- Assets
- $8.7m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 6
- Location
- Helena, MT
- Founding
- 03/1986
- Data as of
- 06/2022
- EIN
- 81-0435459
Organization Overview
Montana History Foundation is located in Helena, MT. The organization was established in 1986. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Montana History Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montana History 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 06/2022, Montana History Foundation generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $1.0m during the year ending 06/2022. While expenses have increased by 6.0% per year over the past 7 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, Montana History Foundation has awarded 68 individual grants totaling $636,624. 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
PROVIDES LEADERSHIP AND RAISES FUNDS TO HELP ORGANIZATIONS PRESERVE MONTANA'S HERITAGE RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDRAISING AND GRANTING OF AWARDS TO PROMOTE AND PRESERVE MONTANA HISTORY THROUGHOUT THE STATE.
SUPPORT MONTANA HERITAGE COMMISSION OPERATIONS AND PROJECTS INCLUDING THE PIONEER FUND AND VIRGINIA CITY/NEVADA CITY PROJECTS.
MONTANA HISTORICAL SOCIETY PROJECTS
OPERATIONS SUPPORT, MOSS MANSION, FISCAL SPONSORSHIP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charlene Porsild President/ceo | Officer | 40 | $119,246 |
Brenda Peterson Vice Chair | OfficerTrustee | 1 | $0 |
Helena Maclay Secretary | OfficerTrustee | 1 | $0 |
Mike Dalton Treasurer | OfficerTrustee | 2 | $0 |
Mike O'neill Chair | OfficerTrustee | 2 | $0 |
Debora Brown Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $43,163 |
| All other contributions, gifts, grants, and similar amounts not included above | $977,832 |
| Noncash contributions included in lines 1a–1f | $95,433 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,020,995 |
| Total Program Service Revenue | $0 |
| Investment income | $78,378 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $350,970 |
| Net Rental Income | $117,058 |
| Net Gain/Loss on Asset Sales | $218 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$2,164 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,655,465 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $203,166 |
| 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. | $127,970 |
| Compensation of current officers, directors, key employees. | $36,126 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $165,845 |
| Pension plan accruals and contributions | $977 |
| Other employee benefits | $31,210 |
| Payroll taxes | $24,783 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $88,374 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $21,694 |
| Fees for services: Other | $5,527 |
| Advertising and promotion | $15,890 |
| Office expenses | $13,565 |
| Information technology | $9,743 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $16,643 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,567 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $39,721 |
| Insurance | $11,103 |
| All other expenses | $11,435 |
| Total functional expenses | $1,005,857 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,287 |
| Savings and temporary cash investments | $1,079,365 |
| Pledges and grants receivable | $42,000 |
| Accounts receivable, net | $1,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $29,000 |
| Inventories for sale or use | $20,812 |
| Prepaid expenses and deferred charges | $9,205 |
| Net Land, buildings, and equipment | $851,418 |
| Investments—publicly traded securities | $6,302,304 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $377,192 |
| Total assets | $8,725,083 |
| Accounts payable and accrued expenses | $91,661 |
| 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 | $469,583 |
| Total liabilities | $561,244 |
| Net assets without donor restrictions | $2,003,403 |
| Net assets with donor restrictions | $6,160,436 |
| 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 | $8,725,083 |
Grants Awarded
Over the last fiscal year, Montana History Foundation has awarded $179,540 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
Missoula, MT PURPOSE: PROMOTE AND PRESERVE MONTANA HISTORY | $16,000 |
Fort Benton, MT PURPOSE: PROMOTE AND PRESERVE MONTANA HISTORY | $10,000 |
REESE CREEK COMMUNITY CENTER PURPOSE: PROMOTE AND PRESERVE MONTANA HISTORY | $10,000 |
Helena, MT PURPOSE: PROMOTE AND PRESERVE MONTANA HISTORY | $10,000 |
Helena, MT PURPOSE: PROMOTE AND PRESERVE MONTANA HISTORY | $10,000 |
CROW LANGUAGE CONSORTIUM PURPOSE: PROMOTE AND PRESERVE MONTANA HISTORY | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Montana History Foundation has recieved totaling $301,017.
| Awarding Organization | Amount |
|---|---|
M J Murdock Charitable Trust Vancouver, WA PURPOSE: ESTABLISH DEVELOPMENT DEPARTMENT | $111,000 |
M J Murdock Charitable Trust Vancouver, WA PURPOSE: ESTABLISH DEVELOPMENT DEPARTMENT | $104,000 |
The Louis L Borick Foundation Houston, TX PURPOSE: CHARITABLE DONATION | $55,000 |
The Donnelley Foundation Chicago, IL PURPOSE: UNRESTRICTED | $10,000 |
Greater Montana Foundation Helena, MT PURPOSE: AN ORIGINAL PODCAST SERIES, "REFRAMING RURAL." | $8,000 |
Louise Pfister Charitable Foundation Inc New York, NY PURPOSE: CHARITABLE CONTRIBUTIONS | $6,000 |
Endowment Analysis
| Beg. Balance | $7,066,137 |
| Earnings | -$726,911 |
| Net Contributions | $68,578 |
| Other Expense | $42,000 |
| Ending Balance | $6,365,804 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Theodore Roosevelt Medora Foundation Medora, ND | $68,522,255 | $10,499,633 |
Museum Of Idaho Inc Idaho Falls, ID | $10,042,756 | $2,158,282 |
Mount Rushmore National Memorial Society Of Black Hills Rapid City, SD | $22,476,449 | $3,858,593 |
Montana History Foundation Helena, MT | $8,725,083 | $1,655,465 |
Prairie Historical Society Madison, SD | $1,764,797 | $630,424 |
Sublette County Historical Society Inc A Foundation Pinedale, WY | $4,953,852 | $841,441 |
Yankton County Historical Society Yankton, SD | $4,149,474 | $749,348 |
Fort Abraham Lincoln Foundation Bismarck, ND | $4,838,632 | $1,443,613 |
Wolakota Waldorf Society Kyle, SD | $2,750,853 | $281,275 |
Cass County North Dakota Historical Society West Fargo, ND | $2,741,329 | $571,540 |
Montana Preservation Alliance Inc Helena, MT | $314,695 | $603,936 |
Billings Preservation Society Inc Billings, MT | $944,342 | $515,575 |