MONTANA STATE UNIVERSITY BILLINGS FOUNDATION & ALUMNI Charity Report

Public IRS 990 nonprofit record

MONTANA STATE UNIVERSITY BILLINGS FOUNDATION & ALUMNI

EIN 81-0301477 · Education (B110)

What they do

Montana State University Billings Foundation is A Publicly Supported, Non-profit Corporation Founded In 1968 to Advance The Goals of Montana State University Billings By (1) Establishing Lifelong Relationships(Continued On Schedule O)with University Students, Parents, Faculty, Alumni, Friends and Community Partners; (2) Creating Pathways to Success and Sustaining Them Through Philanthropy, Stewardship and Community Engagement; (3) Seeking and Nurturing Innovative Partnerships to Support The Realization of Current and Emerging University Priorities; and (4) Fostering A Culture of Inclusivity That Celebrates Diversity On Campus and Beyond.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $74.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders15 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

73.13%of revenue went to mission work74.1% of expenses · Program services

11.05%of revenue went to fundraising11.2% of expenses

$98.74spent for every $100 of revenueRevenue covered expenses this year.

14.57%of revenue went to management and office costs14.8% of expenses

$12.36in assets for every $1 spent this yearSome assets cannot be spent right away.

81.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $147,096 for KRISTA MONTAGUE (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$4,453,219

Mission workProgram services$3,256,47573.13% of revenue74.1% of expenses

ManagementOffice and general costs$648,65514.57% of revenue14.8% of expenses

FundraisingAsking for donations$492,01311.05% of revenue11.2% of expenses

Revenue left after expensesReported annual surplus$56,0761.26% of revenueShown in gray on the chart

Total expenses$4,397,14398.74% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 74.1% mission · 14.8% management · 11.2% fundraisingTotal expenses: 98.74% of revenue

2023Expense mix: 77.5% mission · 12.5% management · 10.0% fundraisingTotal expenses: 52.15% of revenue

2022Expense mix: 74.0% mission · 14.6% management · 11.4% fundraisingTotal expenses: 108.50% of revenue

2021Expense mix: 70.8% mission · 16.3% management · 12.9% fundraisingTotal expenses: 100.94% of revenue

2020Expense mix: 86.9% mission · 8.9% management · 4.2% fundraisingTotal expenses: 56.45% of revenue

2019Expense mix: 82.2% mission · 13.1% management · 4.7% fundraisingTotal expenses: 87.02% of revenue

2018Expense mix: 77.0% mission · 17.4% management · 5.7% fundraisingTotal expenses: 62.00% of revenue

2017Expense mix: 78.8% mission · 13.1% management · 8.1% fundraisingTotal expenses: 65.05% of revenue

Money in and money out

Revenue$4,453,219

Expenses$4,397,143

Annual surplus $56,076 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,256,475 · 74.1% of expenses

Management and office costs$648,655 · 14.8% of expenses

Fundraising$492,013 · 11.2% of expenses

See all reported dollar amounts

Revenue$4,453,219

Expenses$4,397,143

Assets$54,369,234

Income$46,744,959

Contributions$3,606,376

Mission work (program services)$3,256,475

Fundraising$492,013

Grants given$13,047,507

Average grant$1,304,751

Management and general$648,655

Stocks and bonds$4,463,117

Accounting fees$32,155

Investing fees$139,294

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

KRISTA MONTAGUEPRESIDENT/CEO · 40 hrs/week $147,096Base $130,340 · Other $16,756

JEFF CLARKECFO · 40 hrs/week $110,280Base $87,180 · Other $23,100

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (15)

KRISTA MONTAGUEPRESIDENT/CEO

JEFF CLARKECFO

BECKY ANDERSONTRUSTEE

BRITTANY CREMERSECRETARY

BUDDY WINDY BOYTRUSTEE

DAVID WANZENRIEDTRUSTEE

DONALD L ROBERTSTRUSTEE

JANIEL BEGGERTRUSTEE

KAREN MOSESTRUSTEE

KAY BERRYTRUSTEE

KEN LUTTONTREASURER

MIKE MONSONVICE CHAIR

THOMAS POTTERCHAIR

TYLER ELKINTRUSTEE

WILLIAM HENRYTRUSTEE

About this charity

Recognized since: January 1968
Location: 1500 UNIVERSITY DR, BILLINGS, MT 59101-0245
County: Yellowstone
In care of: Michael Monson
Primary officer: Michael Monson, Chair

How to reach them

WebsiteVisit the charity’s website Emailinfo@msubfoundation.com Phone(406) 657-2244

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: EIDE BAILLY LLP
NTEE classification: Education (B110)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes