Yellowstone County Museum Foundation FY2021 filing

Tax-deductible

Billings, MT501(c)(3)Arts & CultureEIN 81-0488749

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The Museum mission is to collect, preserve, research, and interpret the natural history and diverse cultures of the Yellowstone valley of montana and the northern plains. We share this legacy through a full range of exhibits and educational programs for the enrichment of the cultural and intellectural life of our community.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $85K a year · 27% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
14 mo
of spending, in cash
Looks good: 13.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $8K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4K
0.4% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$400K
Spent
$209K
To programs
81%
Net assets
$980K
By yearFY2021–FY2025
Revenue
$400K
FY2021
Revenue by fiscal year
FY2021$400K
FY2022$183K
FY2023$253K
FY2024$302K
FY2025$425K
FY2025$386K
Expenses
$209K
FY2021
Expenses by fiscal year
FY2021$209K
FY2022$223K
FY2023$236K
FY2024$220K
FY2025$248K
FY2025$306K
Net assets
$980K
FY2021
Net assets by fiscal year
FY2021$980K
FY2022$912K
FY2023$975K
FY2024$1.1M
FY2025$1.3M
FY2025$1.5M

From the FY2021 Form 990 (year ending June 2021) · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1995.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $170K Management & general 11% · $23K Fundraising 8% · $16K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Yellowstone County Museum Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Preserves and interprets Yellowstone Valley's natural history and diverse cultures.

Provided by the organization

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1 program service account for $170K of program spending, described in the organization's own filed words · FY2020.
01

To collect, preserve, research, and interpret the natural history and diverse cultures of the yellowstone valley of montana and the northern plains through exhibits and educational programming

$170Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$8K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$400K
Ln 12
Gifts and grantsLn 1h$378K
Investment incomeLn 3$16K
Other incomeLn 4–11$7K
Money outPt IX
$209K
Ln 25
Programscol B$170K
Managementcol C$23K
Fundraisingcol D$16K
Owns and owesPt X
$980K
net assets · Ln 32
Cash and savingsLn 1–2$242K
Total assetsLn 16$984K
LiabilitiesLn 26$4K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$378K
Government grantsLn 1e$42K
Investment incomeLn 3$16K
Other incomeLn 4–11$7K
Gains on assetsLn 7$9K
Total revenueLn 12$400K
Assets in detailPt X, end of year
CashLn 1$242K
SavingsLn 2$0
Cash and savings togetherLn 1–2$242K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$125K
Other assetsLn 15$617K
Total assetsLn 16$984K
LiabilitiesLn 26$4K
Net assetsLn 32$980K
OperationsPt I, VI
EmployeesI 53
VolunteersI 630
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$95K$242K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$112K$125K
Total assetsLn 16$735K$984K
LiabilitiesLn 26$21K$4K
Net assetsLn 32$714K$980K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$121K$97K$12K$12K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$11K$8K$1K$1K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$5K$5K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$4K$4K
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$5K$5K
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$14K$14K
TravelLn 17$3K$3K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$294$294
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$8K$8K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$33K$31K$2K
All other expensesLn 24e$3K$2K$211$211
Total functional expensesLn 25$209K$170K$23K$16K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 $425K$248K$176K$1.3M 990 PDF
FY2024 $302K$220K$82K$1.1M 990 PDF
FY2023 $253K$236K$18K$975K 990 PDF
FY2022 $183K$223K−$40K$912K 990 PDF
FY2021 Viewing $400K$209K$191K$980K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $400,238 across 10 lines filed
Lines not itemized here account for $6,623 of total revenue; see the IRS return.
VIII-1b Membership dues$1,560
VIII-1e Government grants$41,617
VIII-1f All other contributions, gifts and grants$334,677
VIII-1h Total contributions, gifts and grants$377,854
VIII-3 Investment incomeRelated to mission $6,377$6,377
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $9,384$9,384
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $15,761 · Excluded from tax $6,623$400,238
Part IX · Statement of functional expenses $209,330 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $96,892 · Management $12,112 · Fundraising $12,111$121,115
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $8,489 · Management $1,061 · Fundraising $1,061$10,611
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $5,474$5,474
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management feesManagement $4,438$4,438
IX-11g Other fees for services$0
IX-12 Advertising and promotionPrograms $4,532$4,532
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $14,264$14,264
IX-17 TravelPrograms $3,033$3,033
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsFundraising $294$294
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $8,235$8,235
IX-23 InsurancePrograms $1,609$1,609
IX-24 Other expenses (24a–d)Programs $30,813 · Fundraising $2,280$33,093
IX-24e All other expensesPrograms $2,210 · Management $211 · Fundraising $211$2,632
IX-25 Total functional expensesPrograms $170,077 · Management $23,296 · Fundraising $15,957$209,330
Part X · Balance sheet $983,830 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $94,962$242,301
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $111,639$124,605
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $528,781$616,924
X-16 Total assetsStart of year $735,382$983,830
X-17 Accounts payable and accrued expensesStart of year $2,436$3,740
X-26 Total liabilitiesStart of year $21,336$3,740
X-27 Net assets without donor restrictionsStart of year $682,734$949,778
X-28 Net assets with donor restrictionsStart of year $31,312$30,312
X-32 Total net assets or fund balancesStart of year $714,046$980,090
X-33 Total liabilities and net assetsStart of year $735,382$983,830
Part XI · Reconciliation of net assets $980,090 net assets at year end
XI-1 Total revenue$400,238
XI-2 Total expenses$209,330
XI-3 Revenue less expenses$190,908
XI-4 Net assets at start of year$714,046
XI-5 Net unrealized gains (losses) on investments$75,136
XI-10 Net assets at end of year$980,090

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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