Civic Intelligence

Montana History Foundation

EIN 81-0435459 • 501(c)3 • Helena, MT

Profile

Provide development and advisory leadership for organizations dedicated to the preservation of montana's history and culture.

1750 N Washington StHelena, MT 59601

www.mthistory.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

32nd percentile

0.06x

Higher debt load relative to assets than 32% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

72nd percentile

0.61x

Higher debt load relative to revenue than 72% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

36th percentile

0.1%

Higher net margin than 36% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

44th percentile

3.5%

Faster asset growth than 44% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2025

Revenue Growth

12th percentile

-21%

Faster revenue growth than 12% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2025

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Up

$10,059,853

Up $513,208 (+5.4%) from 2024

Liabilities

Down

$607,312

Down $47,863 (-7.3%) from 2024

Net Assets

Up

$9,452,541

Up $561,071 (+6.3%) from 2024

Operations
Liabilities / Revenue72nd percentileNet Margin36th percentile

Revenue

Down

$991,871

Down $581,044 (-37%) from 2024

Expenses

Down

$990,435

Down $1,117,881 (-53%) from 2024

Net Income

Up

$1,436

Up $536,837 (+100%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth44th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2011: $4,956,531Liabilities 2011: $97,557Net Assets 2011: $4,858,9742011Assets 2012: $5,354,108Liabilities 2012: $355,864Net Assets 2012: $4,998,2442012Assets 2013: $6,010,389Liabilities 2013: $409,492Net Assets 2013: $5,600,8972013Assets 2014: $6,464,454Liabilities 2014: $375,357Net Assets 2014: $6,089,0972014Assets 2015: $6,827,472Liabilities 2015: $384,558Net Assets 2015: $6,442,9142015Assets 2016: $6,731,162Liabilities 2016: $347,065Net Assets 2016: $6,384,0972016Assets 2017: $7,053,471Liabilities 2017: $287,223Net Assets 2017: $6,766,2482017Assets 2018: $6,841,770Liabilities 2018: $431,116Net Assets 2018: $6,410,6542018Assets 2019: $7,177,001Liabilities 2019: $481,339Net Assets 2019: $6,695,6622019Assets 2020: $7,736,805Liabilities 2020: $560,642Net Assets 2020: $7,176,1632020Assets 2021: $9,109,325Liabilities 2021: $578,754Net Assets 2021: $8,530,5712021Assets 2022: $8,725,083Liabilities 2022: $561,244Net Assets 2022: $8,163,8392022Assets 2023: $9,398,884Liabilities 2023: $638,633Net Assets 2023: $8,760,2512023Assets 2024: $9,546,645Liabilities 2024: $655,175Net Assets 2024: $8,891,4702024Assets 2025: $10,059,853Liabilities 2025: $607,312Net Assets 2025: $9,452,5412025

Highlighted filing

2025

Assets$10,059,853
Liabilities$607,312
Net Assets$9,452,541
Open 2025 Filing

Operations Trend

Revenue Growth12th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $491,3972011Expenses 2012: $647,0842012Expenses 2013: $944,8542013Revenue 2014: $1,153,999Expenses 2014: $665,799Net Income 2014: $488,2002014Revenue 2015: $955,026Expenses 2015: $601,209Net Income 2015: $353,8172015Revenue 2016: $665,870Expenses 2016: $669,776Net Income 2016: -$3,9062016Revenue 2017: $1,309,571Expenses 2017: $1,113,859Net Income 2017: $195,7122017Revenue 2018: $1,159,256Expenses 2018: $1,606,520Net Income 2018: -$447,2642018Revenue 2019: $952,744Expenses 2019: $759,421Net Income 2019: $193,3232019Revenue 2020: $1,299,183Expenses 2020: $809,982Net Income 2020: $489,2012020Revenue 2021: $1,170,117Expenses 2021: $753,187Net Income 2021: $416,9302021Revenue 2022: $1,655,465Expenses 2022: $1,005,857Net Income 2022: $649,6082022Revenue 2023: $1,576,959Expenses 2023: $1,436,158Net Income 2023: $140,8012023Revenue 2024: $1,572,915Expenses 2024: $2,108,316Net Income 2024: -$535,4012024Revenue 2025: $991,871Expenses 2025: $990,435Net Income 2025: $1,4362025

Highlighted filing

2025

Revenue$991,871
Expenses$990,435
Net Income$1,436
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,059,853
Liabilities
$607,312
Net assets
$9,452,541
Revenue
$991,871
Expenses
$990,435
Net income
$1,436
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$10.1$0.61$9.45$0.99$0.99$0.00
2024Detailed filing. Detailed filing data is available for this year.$9.55$0.66$8.89$1.57$2.11$0.54
2023Detailed filing. Detailed filing data is available for this year.$9.40$0.64$8.76$1.58$1.44$0.14
2022Detailed filing. Detailed filing data is available for this year.$8.73$0.56$8.16$1.66$1.01$0.65
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.11$0.58$8.53$1.17$0.75$0.42
2020Detailed filing. Detailed filing data is available for this year.$7.74$0.56$7.18$1.30$0.81$0.49
2019Detailed filing. Detailed filing data is available for this year.$7.18$0.48$6.70$0.95$0.76$0.19
2018Detailed filing. Detailed filing data is available for this year.$6.84$0.43$6.41$1.16$1.61$0.45
2017Detailed filing. Detailed filing data is available for this year.$7.05$0.29$6.77$1.31$1.11$0.20
2016Detailed filing. Detailed filing data is available for this year.$6.73$0.35$6.38$0.67$0.67$0.00
2015Detailed filing. Detailed filing data is available for this year.$6.83$0.38$6.44$0.96$0.60$0.35
2014Detailed filing. Detailed filing data is available for this year.$6.46$0.38$6.09$1.15$0.67$0.49
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.01$0.41$5.60$0.94
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.35$0.36$5.00$0.65
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.96$0.10$4.86$0.49
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 15, 2025
Return Version
2024v5.2
Gross Receipts
$1,044,361
Mission and Program Overview

Mission

Provide development and advisory leadership for organizations dedicated to the preservation of montana's history and culture.

Provides leadership and raises funds to help organizations preserve montana's heritage resources.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,765,108$8,299,524▲ $534,416
Land, Buildings, and Equipment, Net$805,632$764,737▼ $40,895
Savings and Temporary Cash Investments$519,493$561,155▲ $41,662
Other Notes and Loans Receivable, Net$37,500--
Prepaid Expenses and Deferred Charges$15,974$9,790▼ $6,184
Cash and Non-Interest-Bearing Accounts$17,053$9,762▼ $7,291
Inventories for Sale or Use$8,693$8,693→ $0
Total Assets$9,546,645$10,059,853▲ $513,208
Other Assets Total$377,192$406,192▲ $29,000
Liabilities
Other Liabilities$507,328$508,396▲ $1,068
Accounts Payable and Accrued Expenses$147,847$98,916▼ $48,931
Total Liabilities$655,175$607,312▼ $47,863
Net Assets / Fund Balance
Net Assets With Donor Restrictions$7,078,149$7,592,653▲ $514,504
Net Assets Without Donor Restrictions$1,813,321$1,859,888▲ $46,567
Total Net Assets Fund Balance$8,891,470$9,452,541▲ $561,071
Total Liabilities and Net Assets / Fund Balance$9,546,645$10,059,853▲ $513,208

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$578,028$721,474$1,299,502
Land$157,000-$157,000
Other Land Buildings$24,222$48,161$72,383
Equipment$5,487$15,495$20,982

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$7,881,931$17,350▲ $820,019$258,892$8,370,242
2023$6,973,561$397,556▲ $833,138$322,324$7,881,931
2022$6,365,804$46,043▲ $611,170$49,456$6,973,561
2021$7,066,137$68,578▼ $726,911$42,000$6,365,804
2020$5,705,809$50,000▲ $1,311,578$1,250$7,066,137
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Charlene PorsildPresident/CEOFT$136,588$136,588

Board Members and Trustees

NameTitle
Chase HibbardChairman
Beth McfaddenVice-chair
Brenda PetersonDirector
Carmine MowbrayDirector
Chantelle NashDirector
Debora BrownDirector
MIKE O'NEILLDirector
Monty LeshDirector
Owen RobinsonDirector
Tim GordonDirector
Helena MaclaySecretary
Grant ZahajkoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$413,700
Program Service Revenue
$0
Investment Income
$207,296
Other Revenue
$370,875
All Other Contributions
$413,700
Change in Net Assets
$1,436

Audited Revenue Reconciliation

Revenue per Audited Statements
$857,039
Revenue Not Reported on Financial Statements
$134,832
Revenue Not Reported on Form 990
$702,291
Other Revenue Adjustments
$90,166
Total Revenue per Audited Statements
$1,559,330
Total Revenue per Form 990
$991,871
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$475,077
Salaries, Compensation, and Employee Benefits$423,858
Grants and Similar Amounts Paid$91,500
Total Fundraising Expense$87,537
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$113,354$55,705$28,177$197,236
Current Officers, Directors, Trustees, and Key Employees$85,761$42,880$14,293$142,934
Fees for Services Accounting$60,104$29,758$12,819$102,681
Grants to Domestic Orgs$91,500--$91,500
Other Employee Benefits$31,974$15,831$6,820$54,625
Fees for Service Investment Mgmnt Fees$44,666--$44,666
Depreciation Depletion$25,202$12,478$5,375$43,055
Payroll Taxes$17,012$8,423$3,628$29,063
Travel$10,346$5,123$2,207$17,676
All Other Expenses$8,928$4,356$1,257$14,541
Insurance$7,558$3,742$1,612$12,912
Fees for Services Other$7,296$3,612$1,556$12,464
Information Technology$6,188$3,064$1,320$10,572
Conferences and Meetings$5,469$2,708$1,166$9,343
Office Expenses$5,326$2,637$1,136$9,099
Other Expenses$2,795$1,384$596$4,775
Total Functional Expenses$698,258$204,640$87,537$990,435

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$998,259
Total Expenses per Form 990$990,435
Expenses per Audited Statements$945,769
Expenses Not Reported on Form 990$52,490
Expenses Not Reported on Financial Statements$44,666
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Carter County Geological SocietyEkalaka, MT501(c)(3)Promote and Preserve Montana History$10,000
City of ShelbyShelby, MTGovernmentPromote and Preserve Montana History$10,000
Conrad Public LibraryConrad, MT501(c)(3)Promote and Preserve Montana History$10,000
Heritage & Cultural Foundation of Garfield CountyJordan, MT501(c)(3)Promote and Preserve Montana History$10,000
Ninepipes Museum of Early MontanaCharlo, MT501(c)(3)Promote and Preserve Montana History$10,000
TREASURE COUNTY 89ER'S MUSEUMHysham, MT501(c)(3)Promote and Preserve Montana History$10,000
Wolf Point Area MuseumWolf Point, MT501(c)(3)Promote and Preserve Montana History$10,000
George Mccone County LibraryCircle, MT501(c)(3)Promote and Preserve Montana History$9,000
Powder River Historical SocietyBroadus, MT501(c)(3)Promote and Preserve Montana History$7,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Planned Gift Liabilities$508,396
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 was provided to the members of the governing body whose questions were reviewed and answered. After all questions were answered the board approved the form 990 for filing.”

Form 990, Part VI, Section B, Line 12C

“All officers, directors, and key employees are required to read, sign and return to the foundation the conflict of interest statement annually. Each board and committee meeting begins with a conflict of interest disclosure announcement during roll call.”

Form 990, Part VI, Section B, Line 15

“The executive committee reviews the president/ceo's performance and compensation annually and presents a recommendation to the full governing body for approval as part of the annual budgeting process.”

Form 990, Part VI, Section C, Line 18

“The foundation's tax forms are made available to the general public during normal business hours”

Form 990, Part VI, Section C, Line 19

“The foundation's governing documents, conflict of interest policy and financial statements are made available to the public upon request during normal business hours”

Filing and Contact Details

Filer

Filer Name
Montana History Foundation
EIN
81-0435459
Phone
4064493770
Address
1750 N WASHINGTON ST, HELENA, MT 59601
Doing Business As
The Foundation for Montana History

Signing Officer

Name
Charlene Porsild
Title
President/CEO
Phone
4064493770
Signed
2025-12-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charlene Porsild
Formed
1985
Legal Domicile
Mt
Voting Board Members
12
Independent Board Members
12
Employees
13
Volunteers
0

Preparer

Firm
Douglas Wilson & Company Pc
Address
1000 FIRST AVENUE SOUTH, GREAT FALLS, MT 59401
Preparer
Melissa H Soldano
Phone
4067614645
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Planned gift liabilities -90,166.”

FORM 990, PART XII, LINE 2C:

“The procedure for reviewing the audit has not changed from prior years.”

Financial Statement Notes

PART V, LINE 4:

“The endowment assets are invested in accordance with sound investment practices that emphasize long-term investment fundamentals. The investment objective for the portfolio assets is to maintain a level of current income and to meet withdrawal needs with any shortfall to be made up from net capital appreciation. Mhf has implemented a spending policy that indicates the endowment investment earnings are to be spent to support programs it has identified within its various missions.”

PART X, LINE 2:

“Mhf is exempt from federal income tax in accordance with section 501(c)(3) of the internal revenue code. As a result, no provision for income tax is included in the accompanying financial statements.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Scriver center expense netted against rental income on form 990 52,490.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Change in value of charitable gift annuities 90,166.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Scriver center expense netted against rental income on form 990 52,490.”

PART XI, LINE 4B- OTHER ADJUSTMENTS:

“Change in value of charitable gift annuities”

Part III, Line 4

“Postcard collection used to preserve and promote the history of the state of montana, oil and gas leases, and bronze casting rights.”

Raw XML AppendixShowing 400 of 659 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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