Small Public Charity

MONTANA NEWSPAPER FOUNDATION INC

MONTANA NEWSPAPER FOUNDATION INC is a Small Public Charity headquartered in HELENA, MT. Financial data from the 2022 filing: $2K revenue, $14K expenses, $67K total assets. 2 publicly reported grants to this organization, totaling roughly $60K, appear in IRS filings.

EIN: 810523076 HELENA, MT Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2022
Total Revenue$2K
Total Expenses$14K
Total Assets$67K
Grant Records2
Funding Total$60K
Filing Years2017–2022

Mission

TO CARRY OUT CHARITABLE, LITERARY AND EDUCATIONAL PROGRAMS RELATED TO MONTANA NEWSPAPERS

Where $100 goes at Montana Newspaper Foundation Inc

How Montana Newspaper Foundation Inc divides every $100 it spends, from its own Form 990-EZ filings, averaged across 5 years.

$72 Programs the work itself
$28 Everything else operations and overhead

Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.

Inside the $72 for programs

$31
Provide scholarships and internship grants for students of journalism, advertising and related fields of study
44% of program spending
$29
Provide financial assistance for continuing professional education of people involved in montana newspapers
40% of program spending
$12
Sponsor or assist in sponsoring, seminars, workshops, research projects and programs on subjects pertaining to the improvement of montana newspapers
16% of program spending
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Source: Form 990-EZ filings with the IRS, latest fiscal year 2022. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY/TRESURER Brian Allfrey
DIRECTOR Chad Knudson
DIRECTOR Jeff Martinsen
DIRECTOR-AT-LARGE John Sullivan
PRESIDENT Melody Martinsen

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$60,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2022 $2K $14K $67K
2020 $26K $23K $92K
2019 $33K $35K $101K
2018 $26K $17K $83K
2017 $11K $14K $78K

Between 2017 and 2022, reported annual revenue declined from $11K to $2K (-84%), with total assets most recently reported at $67K.

Interactive year-over-year charts and full filing details available with membership.

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