Form 990 for tax year 2022
Filed by MISSOULA DOWNTOWN FOUNDATION INC.
Totals
- Total revenue
- $619,215
- Total expenses
- $843,323
- Contributions and grants received
- $614,060
- Grants paid
- $527,500
- Program service revenue
- $0
- Investment income
- $5,155
- Other revenue
- $0
- Total assets, end of year
- $605,520
- Total liabilities, end of year
- $1,782
- Net assets or fund balances, end of year
- $603,738
- Program services expenses (Part IX)
- $831,791
- Management and general expenses
- $3,394
- Fundraising expenses
- $8,138
- Program service expenses (Part III)
- $831,791
Program services were 98.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$614,060
-
3 · Investment income
total $1,702 · excluded $1,702
-
7a · Gross sales of assets other than inventory
securities $3,453
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $3,453
-
7d · Net gain or loss
total $3,453 · excluded $3,453
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $527,500 · program services $527,500
-
11b · Fees: legal
total $1,000 · program services $1,000
-
11c · Fees: accounting
total $1,650 · management and general $1,650
-
12 · Advertising and promotion
total $4,676 · management and general $425 · fundraising $4,251
-
13 · Office expenses
total $3,674 · management and general $365 · fundraising $3,309
-
23 · Insurance
total $954 · management and general $954
-
24a · Other expenses: DMP SHARED EXPENSES
total $148,590 · program services $148,590
-
24b · Other expenses: COMMUNITY DEVELOPMENT
total $140,660 · program services $140,660
-
24c · Other expenses: CAPACITY BUILDING EXPEN
total $12,779 · program services $12,779
-
24d · Other expenses: MISCELLANEOUS
total $1,840 · program services $1,262 · fundraising $578
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $729,487 · end of year $461,699
-
4 · Accounts receivable
beginning of year $19,777 · end of year $32,000
-
11 · Investments: publicly traded securities
beginning of year $107,154 · end of year $111,821
-
15 · Other assets
beginning of year $178,000 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $12,812 · end of year $1,782
-
27 · Net assets without donor restrictions
beginning of year $843,606 · end of year $603,738
-
28 · Net assets with donor restrictions
beginning of year $178,000 · end of year $0
Mission and programs · 2022
Mission
TO SUPPORT AND PROMOTE MISSOULA THROUGH ENHANCEMENT OF DOWNTOWN THROUGH VIBRANCY OF ARTS AND CULTURE, LIVABILITY, ECONOMY AND SAFETY.
Activities or mission (Part I)
MISSOULA DOWNTOWN FOUNDATION'S PURPOSE IS TO HELP GENERATE LONG-TERM FUNDING FOR IMPLEMENTATION OF THE MASTER PLAN FOR THE GREATER MISSOULA DOWNTOWN AREA.
-
MISSOULA DOWNTOWN FOUNDATION'S PURPOSE IS TO HELP GENERATE LONG-TERM FUNDING FOR IMPLEMENTATION OF THE MASTER PLAN FOR THE GREATER MISSOULA DOWNTOWN AREA.THE MDF WENT THROUGH A CAPITAL CAMPAIGN TO RAISE FUNDS FOR PHASE 1 IMPLEMENTATION OF THE NORTH RIVERSIDE PARKS AND TRAILS PLAN IN CARAS PARK. THE MDF RAISED OVER $1 MILLION IN ONE OFF AND 3-YEAR PLEDGES. IN 2022 THE TOTAL COLLECTED AMOUNT WAS $289,257 INCLUDING A $50,000 ALLOCATION FROM UNRESTRICTED MDF FUNDS.
Expenses $831,791 · Grants $527,500
As filed on the 2022 return.
Listed in Part VII
-
Christine LittigCHRISTINE LITTIG
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Dan MaronickDAN MARONICK
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Jared KuehnJARED KUEHN
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Libby BrunellLIBBY BRUNELL
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Dan CederbergDAN CEDERBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Josh EderJOSH EDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rob FlemingROB FLEMING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
James GrantJAMES GRANT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Hailey KernHAILEY KERN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michelle McCueMICHELLE MCCUE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Travis NeilTRAVIS NEIL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alan NewellALAN NEWELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Linda McCarthyLINDA MCCARTHY
EXECUTIVE DIRECTOR
- Total calculated
- $20,830
- From this org
- $19,270
- From related orgs
- $0
- Other
- $1,560
- Hours/week
- 40
-
Jack HallJACK HALL
FINANCE DIRECTOR
- Total calculated
- $13,101
- From this org
- $12,207
- From related orgs
- $0
- Other
- $894
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
MISSOULA PARKS & RECREATION
$520,000
PHASE 1 OF THE NORTH RIVERSIDE PARKS AND TRAILS PLAN IN CARAS PARK.
-
$7,500
TEEN ART PROJECT
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 2 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202322759349301427
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