MONTANA FREE PRESS

EIN: 475237719 501(c)(3) Arts, Culture & Humanities

HELENA, MT

Total Revenue
$2,151,666
Total Expenses
$1,926,060
Total Assets
$1,419,011
Net Assets
$1,233,152
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MT
Principal Officer
JOHN ADAMS
Phone
4062078727
Tax Period
2024-01-01 to 2024-12-31

MONTANA FREE PRESS, founded in 2016, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.2M in total revenue in fiscal year 2024. Revenue surged 65% from the prior year, signaling strong growth momentum. Expenses of $1.9M left a modest 10% surplus.

Mission

MONTANA FREE PRESS IS AN INDEPENDENT, NONPROFIT, READER-SUPPORTED NEWSROOM THATPROVIDES HIGH QUALITY, IN-DEPTH AND DATA-INFORMED NEWS, INFORMATION, AND ANALYSIS TOALL FREE OF CHARGE.WE BELIEVE THAT PUBLIC SERVICE JOURNALISM HAS THE CAPACITY TO CATALYZE POSITIVESOCIAL CHANGE BECAUSE WE BELIEVE FREE ACCESS TO INFORMATION IS THE TINDER TO IGNITEACTION. WE ENVISION A FUTURE FOR OUR STATE WITH EQUITABLE ACCESS TO CLEAN AIR AND AHEALTHY ENVIRONMENT, HIGH-QUALITY EDUCATION, AFFORDABLE HOMES, SUSTAINABLE ECONOMICGROWTH, AND ABOVE ALL, ACCESS TO NONPARTISAN INFORMATION THAT ALLOWS MONTANANS TO BEENGAGED CITIZENS. WE DONT TELL OUR READERS HOW TO THINK; RATHER, WE PROVIDE THEM WITH NONPARTISAN FACTS AND ANALYSIS TO FORM THEIR OWN OPINIONS AND ACTIONS.WE HOLD THOSE IN POWER ACCOUNTABLE WHILE STRIVING TO MOVE MONTANAS NEEDLE TOWARD AJUST AND EQUITABLE DEMOCRACY. IN A SEA OF ADVERTISING REVENUE-DRIVEN NEWSROOMS, MTFPIS AN INNOVATIVE LEADER IN THE NEWS INDUSTRY, COMMITTED TO OPERATING UNDER A NONPROF

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,129,649
Program Service Revenue $0
Investment Income $6,304
Other Revenue $15,713
TOTAL REVENUE $2,151,666

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,255,945
Fundraising Expenses $427,383
Program Expenses $1,275,620
Other Expenses $670,115
TOTAL EXPENSES $1,926,060

Year-over-Year Comparison

2024 2023 Change
Revenue $2,151,666 $1,305,049 +0.6%
Expenses $1,926,060 $1,470,356 +0.3%
Net Income $225,606 $-165,307 -2.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
24
Volunteers
7

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$110,286
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN ADAMS Executive Dir. 40.00
Officer
$96,622 $13,664 $110,286
MARK HUBER Treasurer 1.00
Officer Director
$0 $0 $0
HEATHER DIETRICK Director 1.00
Director
$0 $0 $0
ANNE AVIS Director 1.00
Director
$0 $0 $0
SUSAN FOX Director 1.00
Director
$0 $0 $0
SKYLAR BROWNING President 1.00
Officer Director
$0 $0 $0
ALEXIS BONOGOFSKY Secretary 1.00
Officer Director
$0 $0 $0
TRESA SMITH Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $2,151,666 $1,926,060 $1,419,011 $225,606
2023 $1,305,049 $1,470,356 $1,094,047 $-165,307
2022 $1,079,434 $1,253,412 $1,338,420 $-173,978
2021 $925,213 $936,289 $1,395,111 $-11,076
2020 $1,706,709 $569,646 $1,427,198 $1,137,063
2019 $377,225 $306,260 $221,203 $70,965
2018 $292,871 $153,079 $149,117 $139,792
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