TRIGG - C M RUSSELL FOUNDATION INC

EIN: 816003526 501(c)(3) Arts, Culture & Humanities

GREAT FALLS, MT

Total Revenue
$6,939,994
Total Expenses
$3,760,391
Total Assets
$31,233,195
Net Assets
$30,549,798
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Financial Trends

Organization Details

Formation Year
1951
Legal Domicile
MT
Principal Officer
DUANE BRAATEN
Phone
4067278787
Tax Period
2024-10-01 to 2025-09-30

TRIGG - C M RUSSELL FOUNDATION INC, founded in 1951, is a community nonprofit in the Arts, Culture & Humanities sector that reported $6.9M in total revenue in fiscal year 2024. Revenue surged 105% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.2M, a strong 46% operating margin.

Mission

THE MISSION OF THE TRIGG-C.M. RUSSELL FOUNDATION, INC. (D.B.A. THE C.M. RUSSELL MUSEUM) IS TO COLLECT, PRESERVE, RESEARCH, INTERPRET AND EDUCATE ON THE ART AND LIFE OF CHARLES M. RUSSELL; THE ART AND LIFE OF HIS CONTEMPORARIES; AND THE ART OF PRECEDING AND ENSUING GENERATIONS THAT DEPICTS AND FOCUSES ON THE CULTURE, LIFE AND COUNTRY OF RUSSELL'S WEST.

Program Service Accomplishments

Program 1
Expenses: $513,805 Revenue: $2,107,395

COLLECTIONS AND EXHIBITIONS:IN 2025, THE C.M. RUSSELL MUSEUM WELCOMED 30,584 VISITORS IN PERSON AND VIRTUALLY. THE MUSEUM CONTINUED TO DISPLAY THE WORKS OF CHARLES M. RUSSELL THEMATICALLY, SUPPORTED...

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COLLECTIONS AND EXHIBITIONS:IN 2025, THE C.M. RUSSELL MUSEUM WELCOMED 30,584 VISITORS IN PERSON AND VIRTUALLY. THE MUSEUM CONTINUED TO DISPLAY THE WORKS OF CHARLES M. RUSSELL THEMATICALLY, SUPPORTED BY PERMANENT GALLERIES SUCH AS A COLLECTOR'S VISION: C.M. RUSSELL WORK FROM COLLECTOR TOM PETRIE, TALES FROM THE SADDLE: COME RIDE ALONG, SELECTIONS FROM THE COLLECTION, AND INVENTING THE WEST & MANUFACTURING THE WORLD.THE MUSEUM PRESENTED TWELVE MAJOR ROTATING EXHIBITIONS, INCLUDING DISCOVERING RUSSELL: THE MCKAY COLLECTION; MODEST YET MASTERFUL: SMALL SCALE MASTERWORKS BY CHARLES M. RUSSELL; CAPTURING THE WEST: JOSEPH HENRY SHARP & EDWARD S. CURTIS; EXPEDITION WEST: A JOURNEY ON THE UPPER MISSOURI, 18321834; IS IT A REAL RUSSELL?; BEFORE THE COWBOY ARTIST: THE EARLY WORKS OF CHARLES M. RUSSELL; INNER LIGHT: THE ART OF TOM GILLEON; CORWIN "CORKY" CLAIRMONT: A RETROSPECTIVE OF ACTIVISM AND ART; THE PHOTOGRAPHS OF ROBERT OSBORN; GREETINGS FROM CHARLIE; SPEECHLESS: THE ART OF BLACKFEET ARTIST JOHN LOUIS CLARKE; AND THE RUSSELL EXHIBITION AND SALE.THE MUSEUM HOSTED FREE EVENING EXHIBIT OPENINGS FOR MEMBERS AND, TO ENSURE AFFORDABLE ACCESS FOR THE COMMUNITY, OFFERED ONE FREE SATURDAY ADMISSION PER MONTH FROM OCTOBER THROUGH APRIL, WHICH SERVED 671 ATTENDEES DURING THE WINTER SEASON. IN ADDITION, 1,613 PEOPLE PARTICIPATED IN VIRTUAL TOURS, AND 855 MEMBERS VISITED THROUGH FREE ADMISSION BENEFITS, EXPANDING BOTH DIGITAL AND MEMBER ENGAGEMENT. OUTREACH GREW THROUGH DIGITAL AND PRINT ADVERTISING AS WELL AS SOCIAL MEDIA, INCREASING AWARENESS AND PARTICIPATION. STAFF SAFEGUARDED BOTH PERMANENT AND LOANED WORKS BY IMPROVING COLLECTION CARE AND ENVIRONMENTAL STANDARDS. IN 2025, THE MUSEUM ALSO RECEIVED DONATED ART AND ARTIFACTS VALUED AT $23,600, FURTHER STRENGTHENING THE COLLECTION AND ADVANCING THE MUSEUM'S MISSION.

Program 2
Expenses: $262,764 Revenue: $112,294

MUSEUM SERVICES:THE TRIGG-RUSSELL FOUNDATION, INC. OPERATES AND MAINTAINS THE C.M. RUSSELL MUSEUM IN ALIGNMENT WITH ITS MISSION. OPERATIONS STAFF ENSURED SAFETY AND SECURITY FOR VISITORS, STAFF...

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MUSEUM SERVICES:THE TRIGG-RUSSELL FOUNDATION, INC. OPERATES AND MAINTAINS THE C.M. RUSSELL MUSEUM IN ALIGNMENT WITH ITS MISSION. OPERATIONS STAFF ENSURED SAFETY AND SECURITY FOR VISITORS, STAFF, VOLUNTEERS, AND COLLECTIONS DURING ALL OPEN HOURS. MAINTENANCE STAFF SUPPORTED THE FACILITY AND GROUNDS, WHILE GUEST RELATIONS WELCOMED AND SERVED MUSEUM VISITORS.MUSEUM SERVICES INCLUDED EVENT COORDINATION, MEMBERSHIP, VOLUNTEER MANAGEMENT, AND THE MUSEUM STORE, WHICH PROMOTES THE MUSEUM'S IMAGE THROUGH MERCHANDISE CONNECTED TO CHARLES M. RUSSELL AND WESTERN ART. THE MUSEUM ALSO OFFERED FREE COMMUNITY PROGRAMS SUCH AS LECTURES, SADDLES & SPURS, AND THE ANNUAL SYMPOSIUM, HELPING SUSTAIN VISITATION, MEMBERSHIP, AND VOLUNTEER PARTICIPATION WHILE REINFORCING THE MUSEUM'S ROLE AS A CULTURAL AND EDUCATIONAL RESOURCE.

Program 3
Expenses: $87,237 Revenue: $3,660

EDUCATION/PUBLIC PROGRAMS:TO SUPPORT ITS MISSION, THE MUSEUM OFFERED FREE ADMISSION DURING WESTERN ART WEEK, WHICH SERVED 715 COMMUNITY MEMBERS. THE MUSEUM ALSO HOSTED A PUBLIC SYMPOSIUM FEATURING...

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EDUCATION/PUBLIC PROGRAMS:TO SUPPORT ITS MISSION, THE MUSEUM OFFERED FREE ADMISSION DURING WESTERN ART WEEK, WHICH SERVED 715 COMMUNITY MEMBERS. THE MUSEUM ALSO HOSTED A PUBLIC SYMPOSIUM FEATURING SCHOLARS IN WESTERN ART AND HISTORY. DURING 2025, 820 FOURTH- AND FIFTH-GRADE STUDENTS TOURED THE MUSEUM AS PREPARATION FOR THE 55TH ANNUAL FIFTH-GRADE ESSAY CONTEST, IN WHICH STUDENTS WROTE ON THE THEME "WHY CHARLIE RUSSELL IS IMPORTANT." WINNING ESSAYS WERE RECOGNIZED AT A PUBLIC PROCLAMATION CEREMONY.OTHER EDUCATION PROGRAMS REACHED BROAD AUDIENCES: 966 ATTENDEES PARTICIPATED IN SADDLES & SPURS, A FAMILY-ORIENTED ARTS-AND-CRAFTS EVENT; 90 COMMUNITY MEMBERS ATTENDED SUNDAY SAMPLER, A COLLABORATIVE EFFORT WITH THE GREAT FALLS MUSEUMS CONSORTIUM; AND 294 ATTENDEES JOINED LECTURES AND EDUCATIONAL PROGRAMS, MANY OFFERED VIRTUALLY TO EXTEND ACCESS BEYOND GREAT FALLS. EDUCATION STAFF CONTINUED TO ADAPT OFFERINGS TO ENSURE SAFE IN-PERSON OPPORTUNITIES WHILE BROADENING VIRTUAL REACH.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,990,836
Program Service Revenue $2,111,055
Investment Income $1,694,235
Other Revenue $143,868
TOTAL REVENUE $6,939,994

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,781,296
Fundraising Expenses $1,790,015
Program Expenses $863,806
Other Expenses $1,979,095
TOTAL EXPENSES $3,760,391

Year-over-Year Comparison

2024 2023 Change
Revenue $6,939,994 $3,383,240 +1.1%
Expenses $3,760,391 $3,472,502 +0.1%
Net Income $3,179,603 $-89,262 -36.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
26
Independent Members
26
Employees
34
Volunteers
50

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
9
$267,229
Total Directors
26
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIM CASHMAN VICE CHAIR/CHAIR 10.00
Officer Director
$0 $0 $0
OWEN ROBINSON DIRECTOR/VICE CHAIR 1.00
Officer Director
$0 $0 $0
KEVIN WHEELAN TREASURER 2.00
Officer Director
$0 $0 $0
GARY BEHM DIRECTOR/SECRETARY 2.00
Officer Director
$0 $0 $0
CRAIG R BARRETT DIRECTOR 1.00
Director
$0 $0 $0
RICHARD BISHOFF DIRECTOR 1.00
Director
$0 $0 $0
NORMAN BOOK DIRECTOR 1.00
Director
$0 $0 $0
LAURA BREHM DIRECTOR 1.00
Director
$0 $0 $0
LISA BUTTERS DIRECTOR 1.00
Director
$0 $0 $0
DUGAN COBURN DIRECTOR 1.00
Director
$0 $0 $0
JIM CRONK DIRECTOR 1.00
Director
$0 $0 $0
JILL CROSS DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL J DADY DIRECTOR 1.00
Director
$0 $0 $0
DAN FIEHRER DIRECTOR 1.00
Director
$0 $0 $0
MIKE HAYES DIRECTOR 1.00
Director
$0 $0 $0
PETER HOLLATZ DIRECTOR 1.00
Director
$0 $0 $0
STEVE JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
DENNY KELLOGG DIRECTOR 1.00
Director
$0 $0 $0
DAVID J KORNDER DIRECTOR 1.00
Director
$0 $0 $0
ANNE MARTINEZ CHAIR/DIRECTOR 2.00
Officer Director
$0 $0 $0
MIKE MILBURN DIRECTOR 1.00
Director
$0 $0 $0
JIM PETERSON DIRECTOR 1.00
Director
$0 $0 $0
TOM PETRIE DIRECTOR 8.00
Director
$0 $0 $0
ROBIN RASMUSSEN DIRECTOR 1.00
Director
$0 $0 $0
LOREN SOLBERG SECRETARY/DIRECTOR 1.00
Officer Director
$0 $0 $0
CATHIE WILLIAMSON DIRECTOR 1.00
Director
$0 $0 $0
KARI NICHOLS SENIOR DIRECTOR OF FINANCE 45.00
Officer
$83,640 $7,791 $91,431
DUANE BRAATEN EXECUTIVE DIRECTOR 50.00
Officer
$96,932 $8,285 $105,217
CHRIS WARDEN EXECUTIVE DIRECTOR 50.00
Officer
$69,231 $1,350 $70,581
JESSICA NEBEL SENIOR DIRECTOR OF OPERATIONS AND HR 40.00
Highest
$103,253 $8,475 $111,728
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
2025 $6,939,994 $3,760,391 $31,233,195 $3,179,603
2024 $3,383,240 $3,472,502 $27,580,238 $-89,262
2023 $3,612,847 $3,192,320 $24,685,704 $420,527
2022 $5,459,758 $3,461,122 $23,014,318 $1,998,636
2021 $6,338,416 $3,411,768 $22,641,198 $2,926,648
2020 $7,016,483 $3,021,321 $19,836,012 $3,995,162
2019 $5,723,548 $3,615,259 $16,251,739 $2,108,289
2018 $4,757,452 $3,782,105 $13,998,666 $975,347
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