Form 990 for tax year 2022
Filed by MUSSELSHELL VALLEY COMMUNITY FOUNDATION.
Totals
- Total revenue
- $197,366
- Total expenses
- $204,779
- Contributions and grants received
- $84,875
- Grants paid
- $34,800
- Program service revenue
- $112,112
- Investment income
- $379
- Other revenue
- $0
- Total assets, end of year
- $573,455
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $573,455
- Program services expenses (Part IX)
- $198,649
- Management and general expenses
- $6,005
- Fundraising expenses
- $125
- Program service expenses (Part III)
- $198,649
Program services were 97.0% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$25,000
-
1f · All other contributions, gifts and grants
$59,875
-
1g · Noncash contributions included above
$9,894
-
2a · Program service revenue: RIDE Event
total $112,112 · related or exempt $112,112 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $379 · related or exempt $379 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$0
-
8b · Fundraising events: direct expenses
$0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $34,800 · program services $34,800
-
2 · Grants to domestic individuals
total $0 · program services $0
-
3 · Grants to foreign organizations and individuals
total $0 · program services $0
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $0 · program services $0 · management and general $0 · fundraising $0
-
6 · Compensation of disqualified persons
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $0 · program services $0 · management and general $0 · fundraising $0
-
8 · Pension plan contributions
total $0 · program services $0 · management and general $0 · fundraising $0
-
9 · Other employee benefits
total $0 · program services $0 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $0 · program services $0 · management and general $0 · fundraising $0
-
11a · Fees: management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $0 · program services $0 · management and general $0 · fundraising $0
-
11c · Fees: accounting
total $1,514 · program services $0 · management and general $1,514 · fundraising $0
-
11d · Fees: lobbying
total $0 · program services $0 · management and general $0 · fundraising $0
-
11e · Fees: professional fundraising services
total $125 · fundraising $125
-
11f · Fees: investment management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11g · Fees: other
total $26,377 · program services $26,377 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $29,232 · program services $29,232 · management and general $0 · fundraising $0
-
13 · Office expenses
total $1,924 · program services $0 · management and general $1,924 · fundraising $0
-
14 · Information technology
total $1,535 · program services $0 · management and general $1,535 · fundraising $0
-
15 · Royalties
total $0 · program services $0 · management and general $0 · fundraising $0
-
16 · Occupancy
total $0 · program services $0 · management and general $0 · fundraising $0
-
17 · Travel
total $713 · program services $713 · management and general $0 · fundraising $0
-
18 · Travel or entertainment for public officials
total $0 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $523 · program services $0 · management and general $523 · fundraising $0
-
20 · Interest
total $41 · program services $0 · management and general $41 · fundraising $0
-
21 · Payments to affiliates
total $0 · program services $0 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $0 · program services $0 · management and general $0 · fundraising $0
-
23 · Insurance
total $1,713 · program services $1,713 · management and general $0 · fundraising $0
-
24a · Other expenses: Event Costs
total $105,814 · program services $105,814 · management and general $0 · fundraising $0
-
24b · Other expenses: Storage fees
total $468 · program services $0 · management and general $468 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $42,424 · end of year $28,707
-
2 · Savings and temporary cash investments
beginning of year $585,492 · end of year $544,748
-
3 · Pledges and grants receivable
beginning of year $0
-
4 · Accounts receivable
beginning of year $0
-
5 · Loans and receivables from officers and key people
beginning of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0
-
7 · Other notes and loans receivable
beginning of year $0
-
8 · Inventories for sale or use
beginning of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $0
-
11 · Investments: publicly traded securities
beginning of year $0
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
14 · Intangible assets
beginning of year $0
-
15 · Other assets
beginning of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $574 · end of year $0
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $627,342 · end of year $573,455
Mission and programs · 2022
Mission
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.
-
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.
Expenses $147,923 · Revenue $176,967
-
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.
Expenses $16,895 · Revenue $20,964
-
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 2022, MVCF awarded three different grants that will benefit the community and our future generations. These grants were made to the following: RHS Cheer & Stunt 992.00; Rimrock Humane Society 2,000.00; Musselshell-Golden Valley 4-H for 1,389.86; City of Roundup City Pool received 937.00 for a diving board from funds remaining from our Swimmers program; 11,245 to Montana Community Foundation.
Expenses $17,048 · Grants $16,564 · Revenue $19,173
-
The MVCF served as the fiscal sponsor for the Musselshell County Recovery Team (MCRT) which was established to receive donations and disburse payments to individuals affected by the 2011 flood of the Musselshell River. The MCRT expanded its mission in 2012 to include individuals affected by the fires that devastated a portion of Musselshell County in 2012 and additional flooding in 2013. This entity remains a vital part of community and this year distributed 12,000.00 for rebuilding after disaster.
Expenses $12,000 · Grants $12,000 · Revenue $521
-
The Arts & Culture Committee (A&C) of the Musselshell Valley Community Foundation continued its role of sponsoring or hosting local events to entertain, engage, and stimulate people of all ages, most notably Shakespeare in the Parks.
Expenses $2,200 · Revenue $185
-
MVCF sponsors Market on Main that assists in revitalizing the small town economy and allows local vendors a place to set up.
Expenses $2,583 · Revenue $2,200
As filed on the 2022 return.
Listed in Part VII
-
Eric Eliasson
Director
- Total calculated
- $0
- Hours/week
- 1
-
Sandra Gebhardt
Director
- Total calculated
- $0
- Hours/week
- 1
-
Wendy Snook
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Stacy Mihalovich
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Alisha Merfield
Director
- Total calculated
- $0
- Hours/week
- 1.5
-
Bill Milton
Director
- Total calculated
- $0
- Hours/week
- 1.5
-
Jennifer Solf
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Derin Gebhardt
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Lisa Laliberte
Secretary
- Total calculated
- $0
- Hours/week
- 1.5
-
Nicole Borner
Chair
- Total calculated
- $0
- Hours/week
- 2
-
Madeline Cooper
Treasurer
- Total calculated
- $0
- Hours/week
- 2
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343199349314159
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