Overview
What is Missoula Downtown Foundation Inc?
Missoula Downtown Foundation Inc is a nonprofit organization with a mission to support and promote Missoula by enhancing its downtown area. Their primary goal is to generate long-term funding for the implementation of the master plan for the greater Missoula downtown area. To achieve this, they recently concluded a significant capital campaign, raising over $1 million through one-off and three-year pledges for the initial phase of the North Riverside Parks and Trails Plan in Caras Park. In addition to funding initiatives, the Foundation also focuses on the vibrancy of arts and culture, livability, economy, and safety within Missoula's downtown sector.
Official website here: www.missouladowntown.com/downtown-foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
The Missoula Downtown Foundation Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and transparency. The foundation boasts a solid Program Expense Ratio of nearly 98%, signifying that a significant portion of its expenses goes directly to its programs. Additionally, the organization has a fully independent board, which is a positive indication of governance strength.
However, the foundation has several areas needing improvement, particularly in its policies and documentation practices. The absence of a whistleblower policy and a document retention and destruction policy, as well as not posting its tax form on its website, negatively impact its overall accountability score. While it performs well in certain aspects, these omissions suggest that there is room for growth in transparency and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Missoula Downtown Foundation Inc legitimate?
Missoula Downtown Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Missoula Downtown Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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For more financial information, click here
Official website here: www.missouladowntown.com/downtown-foundation
What is the mission statement of Missoula Downtown Foundation Inc?
The Missoula Downtown Foundation's mission is centered around supporting and promoting the city, specifically enhancing its downtown area. This is achieved by fostering vibrancy through arts and culture, livability, economy, and safety. The organization's primary purpose is to generate long-term funding for the implementation of a master plan for the greater downtown area. They have successfully raised funds for the initial phase of a park and trails plan, collecting over $1 million through various pledges.
Official website here: www.missouladowntown.com/downtown-foundation
Who is the CEO of Missoula Downtown Foundation Inc?
Linda Mccarthy is the President of Missoula Downtown Foundation Inc.
Official website here: www.missouladowntown.com/downtown-foundation
What is the revenue of Missoula Downtown Foundation Inc?
Missoula Downtown Foundation Inc's revenue in 2022 was $619,215.
Official website here: www.missouladowntown.com/downtown-foundation
Who are the executives of Missoula Downtown Foundation Inc and what are their salaries?
There 12 volunteers at Missoula Downtown Foundation Inc.
Here are 14 key members and their salaries:
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- Compensation: $19,270
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- Other: $1,560
- Compensation: $12,207
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- Other: $894
Official website here: www.missouladowntown.com/downtown-foundation
Where can I find the form 990 for Missoula Downtown Foundation Inc?
Missoula Downtown Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.missouladowntown.com/downtown-foundation
Learn more at the official website: www.missouladowntown.com/downtown-foundation
Mission Statement of Missoula Downtown Foundation Inc
Missoula Downtown Foundation Inc is an organization dedicated to supporting and promoting Missoula by enhancing its downtown area. Their mission is multifaceted, encompassing the vibrancy of arts and culture, livability, economy, and safety. By doing so, they aim to generate long-term funding for the implementation of the master plan for the greater Missoula downtown area.
The Missoula Downtown Foundation's efforts are not limited to fundraising. They have shown commitment to their mission by actively participating in projects that contribute to the enhancement of downtown Missoula. For instance, they undertook a capital campaign to raise funds for the phase 1 implementation of the North Riverside Parks and Trails Plan in Caras Park. Their successful campaign resulted in over $1 million in pledges, including a significant contribution from their unrestricted funds. In 2022, they collected a total of $289,257 towards this project, demonstrating their ongoing commitment to improving the downtown area of Missoula.
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Impact
July, 2024
The Missoula Downtown Foundation Inc's impact lies in supporting and promoting Missoula through the enhancement of downtown vibrancy in arts and culture, livability, economy, and safety. This organization works to generate long-term funding for the implementation of the master plan for the greater Missoula downtown area. One notable achievement was the successful capital campaign to raise funds for the phase 1 implementation of the North Riverside Parks and Trails Plan in Caras Park, where over $1 million was raised through various pledges. The foundation's efforts have contributed to the overall improvement and development of the community with a focus on creating a more vibrant, safe, and economically thriving downtown environment.
This information is meant to be a general summary of Missoula Downtown Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,155
- Gross Receipts: $619,215
Assets and Liabilities:
- Total Assets: $605,520
- Total Liabilities: $1,782
- Net Assets: $603,738
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Organization Details
Founding Year
2010
Phone
(406) 543-4238Principal Officer
Linda Mccarthy
Main Address
218 E MAIN ST C, MISSOULA, MT, 59802
NTEE Category
Code: S30 - Community improvement
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