Butte-Silver Bow Arts Foundation in Butte, Montana (MT)
Table of contents:
| Butte-Silver Bow Arts Foundation | |
| Employer Identification Number (EIN) | 810369633 |
| Name of Organization | Butte-Silver Bow Arts Foundation |
| In Care of Name | Erik R Nelson Cpa P C |
| Address | 128 W Granite St, Butte, MT 59701-9216 |
| Activities | Museum, zoo, planetarium, etc., Art exhibit, Described in section 170(b)1)(a)(vi) of the Code |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 10/1977 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $106,397 |
| Amount of Income | $175,181 |
| Form 990 Revenue Amount | $157,636 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Art Museums |
Non-representatives - add comments:
Amount of income in 2013: $175,181 (it was $100,720 in 2012)
| This organization: | $175,181 |
| Other organizations performing similar types of work: | $1,258,505 |
Assets in 2013: $106,397 (it was $56,522 in 2012)
| Butte-Silver Bow Arts Foundation: | $106,397 |
| Other organizations performing similar types of work: | $4,746,079 |
Expenses in 2013: $105,929
| This organization: | $105,929 |
| Other organizations performing similar types of work: | $906,066 |
Income to expenses ratio in 2013: 1.7
| Butte-Silver Bow Arts Foundation: | 1.7 |
| Other organizations performing similar types of work: | 1.3 |
Grants share in income in 2013: 9.5%
| This organization: | 9.5% |
| Other organizations performing similar types of work: | 64.8% |
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $125,193 | $73,496 | $157,636 |
| Contributions, gifts, grants, and similar amounts received | $76,987 | $52,422 | $14,945 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $2,085 | $2,333 | $487 |
| Investment income | $5,082 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $41,039 | $18,741 | $22,204 |
| Gross sales of inventory, less returns and allowances | $84,740 | $45,965 | $39,749 |
| Less: cost of goods sold | $43,701 | $27,224 | $17,545 |
| Other revenue | $0 | $0 | $120,000 |
| Total expenses | $121,909 | $92,811 | $105,929 |
| Total net assets | $56,188 | $36,873 | $88,580 |
| Excess/Deficit for the year | $3,284 | $-19,315 | $51,707 |
| Net assets or fund balances at beginning of year | $52,904 | $56,188 | $36,873 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $36,873 | $88,580 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $60,152 | $56,522 | $106,397 |
| Total liabilities | $3,964 | $19,649 | $17,817 |
| Net assets or fund balances | $56,188 | $36,873 | $88,580 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | Yes | Yes | Yes |
| Has the organization filed a Form 990-T for the year? | Yes | Yes | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public Support | $327,283 |
| Subtotal Support | $327,283 |
| Gifts, grants, contributions, and membership fees received | $327,283 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $0 |
| Total Support | $327,283 |
| Public Support | $327,283 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income. Do not include gain or loss from the sale of capital assets | $0 |
| Gross receipts from related activities, etc. | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
| Dearborn Meadows Land Owners Association in Great Falls, MT |
Help For Homeless Pets Inc in Billings, MT
  |
|
Coats For Kids Inc in Kalispell, MT
|
|
Namdroling in Bozeman, MT
|
|
Friends Of The Shelter in Missoula, MT
|
| International Fellowship Of Ministries, Victory In Christ Ministries in Missoula, MT |
|
Granite Spay Neuter Project in Hall, MT
|
|
The Cantlon Family Youth Home in Polson, MT
|
|
Shepherds Hand Free Clinic in Whitefish, MT
|
|
Womens Resource Center Of Dillon in Dillon, MT
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Trigg-C M Russell Foundation Inc | 400 13th St N, Great Falls, MT 59401-1426 | MT | 1954-09 | $4,077,715 |
| 2 | Missoula Art Museum | 335 N Pattee St, Missoula, MT 59802-4520 | MT | 1995-05 | $841,789 |
| 3 | The Columbus Museum Inc | 1251 Wynnton Rd, Columbus, GA 31906-2810 | GA | 1954-11 | $14,747,840 |
| 4 | Salvador Dali Museum Inc | 1 Dali Blvd, St Petersburg, FL 33701-3920 | FL | 1981-05 | $11,121,580 |
| 5 | Tampa Museum Of Art Inc | 120 W Gasparilla Plz, Tampa, FL 33602-1500 | FL | 1979-11 | $3,977,936 |
| 6 | Tucson Museum Of Art | 140 N Main Ave, Tucson, AZ 85701-8218 | AZ | 1956-02 | $3,890,252 |
| 7 | The Mobile Museum Of Art Inc | 4850 Museum Dr, Mobile, AL 36608-1917 | AL | 1996-02 | $3,749,971 |
| 8 | The American Visionary Art Museum Inc | 800 Key Hwy, Baltimore, MD 21230-3940 | MD | 1994-05 | $3,006,291 |
| 9 | Washington County Museum Of Fine Arts | PO BOX 423, Hagerstown, MD 21741-0423 | MD | 1947-07 | $2,359,715 |
| 10 | Thomas Gilcrease Museum Association | 1400 Gilcrease Rd, Tulsa, OK 74127 | OK | 1963-12 | $2,320,560 |
| 11 | The Museum Of Art And History At The Mcpherson Center | 705 Front St, Santa Cruz, CA 95060-4508 | CA | 1983-01 | $2,185,542 |
| 12 | Santa Monica Museum Of Art | 2525 Michigan Ave Bergamot Stn G1, Santa Monica, CA 90404 | CA | 1985-12 | $2,005,551 |
| 13 | San Angelo Museum Of Fine Arts | 1 Love St, San Angelo, TX 76903-6911 | TX | 1981-10 | $1,940,240 |
| 14 | Racine Art Museum Association Inc | PO BOX 187, Racine, WI 53401-0187 | WI | 1949-02 | $1,897,420 |
| 15 | Triple Aught Foundation | PO BOX 33, Hiko, NV 89017 | NV | 1998-11 | $1,692,629 |
| 16 | Paris Gibson Square Incorporated | 1400 1st Ave N, Great Falls, MT 59401-3205 | MT | 1976-07 | $574,410 |
| 17 | Hockaday Museum Of Art | 302 2nd Ave E, Kalispell, MT 59901-4942 | MT | 1969-07 | $439,657 |
| 18 | Holter Museum Of Art Inc | 12 E Lawrence St, Helena, MT 59601-4019 | MT | 1991-12 | $423,990 |
| 19 | Butte-Silver Bow Arts Foundation | 128 W Granite St, Butte, MT 59701-9216 | MT | 1977-10 | $175,181 |
| 20 | Zootown Arts Community Center | 235 North Lst St West, Missoula, MT 59802 | MT | 2009-07 | $172,490 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 368 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Butte-Silver Bow Arts Foundation »
Non-representatives - add comments about Butte-Silver Bow Arts Foundation»