Musselshell Valley Community Foundation
- Assets
- $627.9k
- Revenue
- $164.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Roundup, MT
- Founding
- 06/1998
- Data as of
- 12/2021
- EIN
- 81-0512493
Organization Overview
Musselshell Valley Community Foundation is located in Roundup, MT. The organization was established in 1998. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Musselshell Valley 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 12/2021, Musselshell Valley Community Foundation generated $164.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $106.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MUSSELSHELL VALLEY COMMUNITY FOUNDATION (MVCF) IS COMMITTED TO ENHANCING THE VITALITY OF THE MUSSELSHELL VALLEY WITH A YEARLY GRANT PROGRAM AS WELL AS MANAGING THE FUNDS FOR SPECIAL PROJECTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MVCF SERVED AS THE FISCAL SPONSOR OF THE ANNUAL ROUNDUP INDEPENDENCE DAYS EXTRAVAGANZA (RIDE) WHICH INCLUDES A CHILDREN'S RODEO, FAMILY ENTERTAINMENT AND ACTIVITIES AND A THEATER PRODUCTION SERVING APPROXIMATELY 5,000 INDIVIDUALS ANNUALLY.
MVCF SPONSORS THE ROUNDUP COMMUNITY PARTNERS IN THEIR GOAL OF REVITALIZING ROUNDUP WHICH WORKED TOWARDS PUTTING BENCHES AND TABLES ALONG MAIN STREET AND DESIGNING A VISITOR KIOSK AND PLAQUES HIGHLIGHTING ROUNDUP'S HISTORY.
THE MVCF PROVIDED FUNDING OPPORTUNITIES TO DIFFERENT NON-PROFITS IN MUSSELSHELL VALLEY COMMUNITIES BY ENHANCING WORTHWHILE COMMUNITY VITALITY PROJECTS AS WELL AS ISSUING GRANTS TO LOCAL NON-PROFITS. IN 2021, MVCF AWARDED FIVE DIFFERENT GRANTS THAT WILL BENEFIT THE COMMUNITY AND OUR FUTURE GENERATIONS. THESE GRANTS WERE MADE TO THE FOLLOWING: MUSSELSHELL COUNTY COUNCIL ON AGING FOR 600.00; MUSSELSHELL VALLEY HISTORICAL MUSEUM FOR 1,000.00; ROUNDUP WRESTLING CLUB FOR 1221.00; MCRT FOR 1700.00; AND COMMON GROUND FOR 4,100.00.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicole Borner Chair | Officer | 2 | $0 |
Derin Gebhardt Vice Chair | Officer | 2 | $0 |
Madeline Cooper Treasurer | Officer | 4 | $0 |
Lisa Laliberte Secretary | Officer | 2 | $0 |
Darcy Dutton Treasurer | Officer | 3 | $0 |
Bill Milton Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $57 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $48,366 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,423 |
| Total Program Service Revenue | $115,615 |
| Investment income | $187 |
| 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 | $164,225 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,875 |
| Grants and other assistance to domestic individuals. | $1,446 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,165 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $110 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $23,175 |
| Advertising and promotion | $6,489 |
| Office expenses | $1,994 |
| Information technology | $637 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $172 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,384 |
| All other expenses | $0 |
| Total functional expenses | $106,104 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,424 |
| Savings and temporary cash investments | $585,492 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $627,916 |
| Accounts payable and accrued expenses | $574 |
| 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 | $0 |
| Total liabilities | $574 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $627,342 |
| Total liabilities and net assets/fund balances | $627,916 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Musselshell Valley Community Foundation has recieved totaling $41,604.
| Awarding Organization | Amount |
|---|---|
Montana Community Foundation Inc Helena, MT PURPOSE: 2021 ANNUAL DISTRIBUTION | $23,671 |
Aarp Washington, DC PURPOSE: Grant to support AARP's Livable Communities initiative | $17,903 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $30 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sioux Empire United Way Inc Sioux Falls, SD | $14,046,411 | $8,857,048 |
Billings Clinic Foundation Billings, MT | $116,767,576 | $17,438,060 |
United Way Of Cass-Clay Fargo, ND | $8,673,446 | $5,532,076 |
United Way Of Treasure Valley Inc Boise, ID | $5,526,975 | $4,448,551 |
United Way Of Yellowstone County Inc Billings, MT | $4,317,705 | $2,826,216 |
Missouri Slope Areawide United Way Inc Bismarck, ND | $6,237,459 | $3,064,301 |
Liberty Place Inc Whitehall, MT | $3,909,153 | $2,658,015 |
Greater Gallatin United Way Inc Bozeman, MT | $1,831,575 | $2,742,658 |
United Way Of Cascade County Great Falls, MT | $971,506 | $1,344,943 |
United Way Of Southeastern Idaho Inc Pocatello, ID | $1,342,199 | $1,746,511 |
United Way Of Missoula County Missoula, MT | $2,822,821 | $1,518,780 |
United Way Of North Idaho Inc Coeur D Alene, ID | $943,022 | $1,610,986 |