STUMPTOWN ART STUDIO

EIN: 810509671 501(c)(3) Arts, Culture & Humanities

Whitefish, MT

Total Revenue
$614,273
Total Expenses
$578,692
Total Assets
$624,080
Net Assets
$348,271
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
MT
Principal Officer
Kristine Begley Brock
Phone
4068625929
Tax Period
2024-01-01 to 2024-12-31

STUMPTOWN ART STUDIO, founded in 1995, is a small nonprofit in the Arts, Culture & Humanities sector that reported $614K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $579K left a modest 6% surplus.

Mission

To provide a place for children and adults to come to express their inherent creative natures, to learn about the world of art and its capacity to make whole the individual, enriching the community and beyond. Stumptown Art Studio offers year round art classes and workshops for children and adults, special needs groups, at risk youth, artist in residency programs at area schools, exhibition space for emerging artists, volunteer opportunities for youth and adults, permanent public art installations within the Whitefish community, and collaborative art projects with area organizations.

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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 $122,249
Program Service Revenue $489,375
Investment Income $2,649
Other Revenue $0
TOTAL REVENUE $614,273

Expense Breakdown

Grants Paid $0
Salaries & Benefits $305,100
Fundraising Expenses $0
Program Expenses $531,551
Other Expenses $273,592
TOTAL EXPENSES $578,692

Year-over-Year Comparison

2024 2023 Change
Revenue $614,273 $508,773 +0.2%
Expenses $578,692 $479,124 +0.2%
Net Income $35,581 $29,649 +0.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
25
Volunteers
100

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
3
$0
Total Directors
2
$2,228
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anne Couser Director 2
Director
$2,228 $0 $2,228
Susan Fletcher Board Director 1
Director
$0 $0 $0
Michelle Saurey Edland Treasurer 2
Officer
$0 $0 $0
Susan Guthrie Secretary 2
Officer
$0 $0 $0
Kristine Brock Board President 3
Officer
$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 $614,273 $578,692 $624,080 $35,581
2023 $508,773 $479,124 $599,317 $29,649
2022 $451,880 $489,177 $576,606 $-37,297
2021 $430,115 $418,508 $475,415 $11,607
2020 $348,365 $294,643 $464,702 $53,722
2019 $329,711 $339,048 $335,116 $-9,337
2018 $303,139 $308,447 $356,619 $-5,308
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