Holter Museum Of Art Inc

Organization Overview

Holter Museum Of Art Inc is located in Helena, MT. The organization was established in 1991. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Holter Museum Of Art Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holter Museum Of Art 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 06/2021, Holter Museum Of Art Inc generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $563.0k during the year ending 06/2021. While expenses have increased by 3.7% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO NURTURE CREATIVITY, COMMUNITY, AND ARTS FOR ALL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO COLLECT, PRESERVE, AND INTERPRET SIGNIFICANT CONTEMPORARY NORTHWEST ART. INCREASING AND PROMOTING A STRONG CULTURAL AWARENESS TO THE BROADEST POSSIBLE AUDIENCE IS A GUIDING FACTOR TO OUR OPERATIONS.


TO PROMOTE PARTICIPATION BY DIVERSE AUDIENCES THROUGH OUTREACH, INNOVATIVE EDUCATIONAL PROGRAMMING, AND COLLABORATION WITH OTHER ORGANIZATIONS.


TO SERVE MONTANA AND NEIGHBORING STATES WITH A QUALITY VISUAL ARTS EXHIBITION PROGRAM THAT INCLUDES ALL MEDIA, BRINGS NATIONAL AND INTERNATIONAL EXHIBITIONS INTO THE REGION, AND PROVIDES A MUCH-NEEDED VENUE FOR LOCAL AND REGIONAL ARTISTS.


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Board, Officers & Key Employees

Name (title)Compensation
Chris Riccardo
Executive Director
$62,197
Corey Palmer
President
$0
Keith Meyer
Vice President
$0
Dawn Gallinger
Secretary
$0
Tyler Armstrong
Treasurer
$0
Shawn White Wolf
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$911,998
Noncash contributions included in lines 1a–1f $3,049
Total Revenue from Contributions, Gifts, Grants & Similar$911,998
Total Program Service Revenue$37,392
Investment income $1,767
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $250
Net Gain/Loss on Asset Sales $64,029
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $33,164
Miscellaneous Revenue$0
Total Revenue $1,048,936

Grants Recieved

Over the last fiscal year, we have identified 13 grants that Holter Museum Of Art Inc has recieved totaling $175,696.

Awarding OrganizationAmount
M J Murdock Charitable Trust

Vancouver, WA

PURPOSE: HOLTER MUSEUM REBRAND

$66,000
Mainwaring Family Foundation

Wilmington, DE

PURPOSE: UNRESTRICTED GIFT

$40,000
Montana Community Foundation Inc

Helena, MT

PURPOSE: 2021 ANNUAL DISTRIBUTION

$35,480
Mightycause Charitable Foundation

Marianna, FL

PURPOSE: UNRESTRICTED

$9,632
Harvest Time Partners Foundation

Ann Arbor, MI

PURPOSE: ART OF SURVIVAL

$7,745
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$6,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$840,788
Earnings$244,713
Admin Expense$9,839
Other Expense$33,087
Ending Balance$1,042,574

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