Yellowstone Art Museum

Organization Overview

Yellowstone Art Museum is located in Billings, MT. The organization was established in 1965. 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 12/2021, Yellowstone Art Museum employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yellowstone Art Museum 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, Yellowstone Art Museum generated $2.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 2.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE YELLOWSTONE ART MUSEUM EXHIBITS, INTERPRETS, COLLECTS, AND PRESERVES ART, FOR THE ENRICHMENT, EDUCATION, INSPIRATION, AND ENJOYMENT OF ALL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CURATORIAL FUNCTION OVERSEES THE CARE AND DOCUMENTATION OF THE PERMANENT COLLECTION, RESEARCHES AND COORDINATES TEMPORARY AND PERMANENT EXHIBITIONS, RESEARCHES AND WRITES ART-RELATED PUBLICATIONS, AND COORDINATES AN ANNUAL SERIES OF ADULT PROGRAMS.


THE EDUCATION FUNCTION PREPARES AND PRESENTS CURRICULUM-BASED AND ENRICHMENT PROGRAMS TO CHILDREN PRE-K THROUGH HIGH SCHOOL, BOTH ONSITE AND THROUGH OUTREACH PROGRAMMING. THE EDUCATION PROGRAM HAS PROGRAMS FOR ALL AGES, INCLUDING SUMMER CAMPS AND PROGRAMS FOR ADULTS, ADULTS WITH ALZHEIMER'S, AND THE MONTANA WOMEN'S PRISON.


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Board, Officers & Key Employees

Name (title)Compensation
Jessica Ruhle
Executive Director
$130,817
Deborah Anspach
President
$0
Kim Olsen
Imediate Past President
$0
Matthew Stroud
Vice President
$0
Steve Tostenrud
Secretary/treasurer
$0
Donna Todd
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$86,639
Fundraising events$0
Related organizations$0
Government grants $368,109
All other contributions, gifts, grants, and similar amounts not included above$907,077
Noncash contributions included in lines 1a–1f $54,662
Total Revenue from Contributions, Gifts, Grants & Similar$1,361,825
Total Program Service Revenue$45,372
Investment income $186,003
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $8,945
Net Gain/Loss on Asset Sales $421,387
Net Income from Fundraising Events $76,423
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $40,496
Miscellaneous Revenue$0
Total Revenue $2,174,760

Grants Recieved

Over the last fiscal year, we have identified 14 grants that Yellowstone Art Museum has recieved totaling $207,235.

Awarding OrganizationAmount
M J Murdock Charitable Trust

Vancouver, WA

PURPOSE: REINTRODUCING THE YAM TO THE PUBLIC

$56,000
Montana Community Foundation Inc

Helena, MT

PURPOSE: 2021 ANNUAL DISTRIBUTION

$50,523
Kathryn Caine Wanlass Charitable Foundation

Detroit, MI

PURPOSE: GENERAL SUPPORT

$35,000
Sidney E Frank Charitable Foundation

Harrison, NY

PURPOSE: TO SUPPORT ARTS EDUCATION PROGRAMS

$15,000
Charles M Bair Family Tr Fund

Billings, MT

PURPOSE: GRANT FOR EXHIBITIONS AND FACILITY MAINTENANCE.

$12,000
Sidney E Frank Charitable Foundation

Harrison, NY

PURPOSE: TO SUPPORT ART EDUCATION AT THE MONTANA WOMEN'S PRISON

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$4,838,424
Earnings$685,190
Net Contributions$351,598
Other Expense$228,892
Ending Balance$5,646,320

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