2024-03-22T13:14:09-05:00 2023-09-30 480567703 PINION LLC 21 10TH STREET SOUTH GREAT FALLS MT 59401 990 2022-10-01 816003526 TRIGG - C M RUSSELL FOUNDATION INC TRIG 4067278787 400 13TH STREET NORTH GREAT FALLS MT 59401 JESSICA NEBEL INTERIM EXECUTIVE DIRECTOR 4067278787 2024-03-21 1 JESSICA NEBEL 999009999 0 MEGAN CONNORS P01372761 4067270888 2024-03-19 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CM RUSSELL MUSEUM JESSICA NEBEL 400 13TH STREET NORTH GREAT FALLS MT 59401 7656193 0 X WWW.CMRUSSELL.ORG X 1951 MT 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 MARION 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. 23 23 44 70 16331 0 3920646 1349594 1337811 1875690 138686 287714 62615 99849 5459758 3612847 7500 2500 0 0 1405942 1462704 0 0 1436552 2047680 1727116 3461122 3192320 1998636 420527 23014318 24685704 648932 717463 22365386 23968241 X 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. 0 0 455329 1875690 COLLECTIONS AND EXHIBITIONS: IN 2023, 32,298 PEOPLE VISITED THE C.M. RUSSELL MUSEUM IN PERSON AND VIRTUALLY. THE RUSSELL WORKS CONTINUE TO BE DISPLAYED THEMATICALLY WITH AN ADDITION OF COLLECTOR'S VISION: C.M. RUSSELL WORK FROM COLLECTOR TOM PETRIE. SEVEN MAJOR ROTATING EXHIBITIONS WERE ON DISPLAY IN 2023: DISCOVERING RUSSELL: THE MCKAY COLLECTION, ARTISTS OF THE CONTEMPORARY WEST, CALL TO GLACIER: ARTIST IN GLACIER NATIONAL PARK, GREETINGS FROM CHARLIE: RUSSELL'S ILLUSTRATED LETTERS, MODEST YET MASTERFUL: SMALL SCALE MASTERWORKS BY CHARLES M. RUSSELL, EXPRESSIONISM IN THE WEST: JULIUS SEYLER AND GLACIER NATIONAL PARK, AND THE RUSSELL EXHIBITION AND SALE. THE MUSEUM ALSO PROVIDES EVENING EXHIBIT OPENINGS TO MUSEUM MEMBERS FREE OF CHARGE AS A WAY TO ENCOURAGE PARTICIPATION IN THE MUSEUM. STAFF CONTINUES TO ENGAGE NEW METHODS OF REACHING POTENTIAL AUDIENCES BY UTILIZING DIGITAL AND PRINT ADS AS WELL AS SOCIAL MEDIA. STAFF IN THIS AREA CONTINUALLY MONITORS THE STATUS OF BOTH PERMANENT COLLECTION PIECES AS WELL AS THOSE ON LOAN AND MANAGE AND IMPROVE THE ENVIRONMENT FOR ALL OF THE ART. THE MUSEUM RECEIVED DONATIONS OF ART AND ARTIFACTS DURING THE YEAR VALUED BY THE DONORS AT $110,570. THE COLLECTIONS AND EXHIBITIONS AREA DIRECTLY SUPPORTS THE MUSEUM'S MISSION. 356532 77075 MUSEUM SERVICES: THE PURPOSE OF THE TRIGG-RUSSELL FOUNDATION, INC. IS TO OPERATE AND MAINTAIN THE C.M. RUSSELL MUSEUM, WHILE FOLLOWING THE MISSION OF THE ORGANIZATION. THE MUSEUM REQUIRES OPERATIONS STAFF ON SITE DURING ALL OPEN HOURS TO ENSURE SAFETY FOR STAFF, VISITORS, VOLUNTEERS, AND THE COLLECTIONS. MUSEUM STAFF MAINTAIN THE GROUNDS AND BUILDING. MUSEUM SERVICES ALSO INCLUDES GUEST RELATIONS TO SERVE THE MUSEUM VISITORS, THE ADMINISTRATIVE STAFF, EVENT COORDINATION, AND THE MUSEUM STORE, WHICH FURTHERS THE MUSEUM'S IMAGE AND RECOGNITION WITH BRANDED PRODUCTS AS WELL AS MERCHANDISE RELATED TO CHARLES M. RUSSELL AND THE MISSION OF THE MUSEUM. THE MUSEUM CONTINUES EFFORTS IN ORDER TO SUSTAIN VISITATION, MEMBERSHIP, VOLUNTEERS, AND FUNDRAISING. THE MUSEUM OFFERED FREE PROGRAMS TO RESIDENTS AS A WAY OF INVITING THEM TO SEE WHAT THE MUSEUM INCLUDES AND THE DEPTH AND RANGE OF THE INSTITUTION'S ROLE IN THE COMMUNITY. SUCH EXAMPLES INCLUDE THE ARTIST STAMPEDE, SADDLES AND SPURS, LECTURES, AND THE EDUCATIONAL SYMPOSIUM DURING THE RUSSELL. ALL OF THESE AREAS ARE ESSENTIAL TO CARRYING OUT THE MISSION OF THE MUSEUM AND EACH COMPONENT MUST WORK WITH THE OTHER TO BE SUCCESSFUL IN THE MUSEUM'S CURRENT AND FUTURE ENDEAVORS. 33347 2500 EDUCATION/PUBLIC PROGRAMS: IN SUPPORT OF ITS MISSION, THE MUSEUM OFFERS FREE ADMISSION TO THE PUBLIC DURING WESTERN ART WEEK. FREE ADMISSION IS ALSO OFFERED TO A SYMPOSIUM FEATURING SCHOLARS IN THE FIELD OF WESTERN ART AND HISTORY. THE MUSEUM CONTINUES ITS EDUCATIONAL PROGRAMS INCLUDING THE FIFTH GRADE TOURS AND ESSAY CONTEST FOR CITY AND COUNTY STUDENTS WHO'S ESSAYS ARE FEATURED AT A SPECIAL PROCLAMATION CEREMONY RELATED TO THE RUSSELL, SUNDAY SAMPLER (COLLABORATIVE EFFORT WITH THE LOCAL GREAT FALLS MUSEUMS CONSORTIUM), AND SADDLES & SPURS, AN ARTS AND CRAFTS FOCUSED EVENT FOR YOUNG FAMILIES IN THE COMMUNITY. EXHIBITIONS WERE SUPPORTED THROUGH PROGRAMMING BY OFFERING LECTURES AND EDUCATIONAL COMPONENTS VIRTUALLY. THE EDUCATION DEPARTMENT CONTINUES TO EXPLORE SAFE WAYS TO CONDUCT CLASSES AND PROGRAMMING FOR PATRONS ALONG WITH VIRTUAL PROGRAMMING TO REACH A BROADER AUDIENCE. 845208 1 1 0 0 0 0 1 1 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 13 0 1 44 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 1 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X KARI NICHOLS 4067278787 400 13TH STREET NORTH GREAT FALLS MT 59401 ANNE MARTINEZ CHAIR 1.00 X X 0 0 0 CHRIS WARDEN VICE CHAIR 1.00 X X 0 0 0 TIM CASHMAN TREASURER 1.00 X X 0 0 0 LOREN SOLBERG SECRETARY 1.00 X X 0 0 0 CRAIG R BARRETT DIRECTOR 1.00 X 0 0 0 GARY BEHM DIRECTOR 1.00 X 0 0 0 NORMAN BOOK DIRECTOR 1.00 X 0 0 0 LAURA BREHM DIRECTOR 1.00 X 0 0 0 LISA BUTTERS DIRECTOR 1.00 X 0 0 0 DUGAN COBURN DIRECTOR 1.00 X 0 0 0 JILL CROSS DIRECTOR 1.00 X 0 0 0 MICHAEL J DADY DIRECTOR 1.00 X 0 0 0 DAN FIEHRER DIRECTOR 1.00 X 0 0 0 RANDY FOUTCH DIRECTOR 1.00 X 0 0 0 STEVE JOHNSON DIRECTOR 1.00 X 0 0 0 DENNY KELLOGG DIRECTOR 1.00 X 0 0 0 DAVID J KORNDER DIRECTOR 1.00 X 0 0 0 JIM PETERSON DIRECTOR 1.00 X 0 0 0 TOM PETRIE DIRECTOR 1.00 X 0 0 0 ROBIN RASMUSSEN DIRECTOR 1.00 X 0 0 0 OWEN ROBINSON DIRECTOR 1.00 X 0 0 0 ANNIE THOM DIRECTOR 1.00 X 0 0 0 KEVIN WHEELAN DIRECTOR 1.00 X 0 0 0 THOMAS FIGARELLE EXECUTIVE DIRECTOR 50.00 X 105000 0 0 KARI NICHOLS SENIOR DIRECTOR OF FINANCE 45.00 X 62692 0 0 JESSICA NEBEL INTERIM EXECUTIVE DIRECTOR 50.00 X 56077 0 0 223769 0 0 1 0 0 0 0 83819 7500 1258275 2866 1349594 THE RUSSELL & WESTERN ART SHOW 900099 1714757 1714757 ADMISSIONS AND TOURS 900099 160933 160933 1875690 418083 418083 6443 6443 800 0 800 800 800 3612194 15776 3757192 1147 -144998 14629 -130369 -130369 361282 285007 76275 76275 ADVERTISING FEE INCOME 513190 16331 16331 16331 3612847 1952765 16331 294157 2500 2500 273727 118627 155100 998036 453472 112115 432449 16187 7583 712 7892 73782 35371 16242 22169 100972 36942 18165 45865 17373 163 5663 11547 43050 404 14032 28614 94808 94808 211805 34932 79494 97379 121189 14 28874 92301 4965 107 2919 1939 72263 47768 24495 250424 236510 9726 4188 159340 2067 5023 152250 580 380 200 358264 250785 107479 134614 94230 40384 EXHIBITS/EVENTS 116840 28935 -671 88576 PRINTING/POSTAGE 90774 7472 3892 79410 WRITE-OFFS 33550 33550 OTHER EXPENSE 17277 -1644 8156 10765 3192320 845208 910560 1436552 1400 1400 1834858 2116296 2862765 2083744 38276 40582 195048 130883 14656 10462 12318726 7046478 5543081 5272248 12515171 15020895 9063 9194 23014318 24685704 67148 75676 79884 86880 501900 554907 648932 717463 X 20350468 21956149 2014918 2012092 22365386 23968241 23014318 24685704 X 420527 1181830 498 X X 0 1 X 1 0 X 3911046 5150134 4457701 3920646 1349594 18789121 1989223 1159711 2022060 1668768 2236972 9076734 5900269 6309845 6479761 5589414 3586566 27865855 2184657 436359 1184672 3899219 490790 8195697 0 2184657 436359 1184672 3899219 490790 8195697 19670158 234255 132587 34428 254451 425326 1081047 234255 132587 34428 254451 425326 1081047 18616 17816 27147 18993 0 82572 2500 341 2841 6153140 6460248 6543836 5863199 4011892 29032315 0.67750 0.67700 0.03720 0.03280 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: INSURANCE PROCEEDS - 2020 AMOUNT: $ 2,500. 2021 AMOUNT: $ 341. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 2 2.00 2 1 0 0.00 0 X X X X 0 12277737 1090669 1217995 83008 14503393 5788656 8150188 -1615672 45435 12277737 5533917 155824 107399 8484 5788656 5707035 210444 362374 21188 5533917 5302523 353202 177201 99852 26039 5707035 0.88640 0.01650 0.09710 1 0 347179 347179 10462131 5858600 4603531 1509416 1187878 321538 5272248 GOVERNMENT BONDS 1944082 F MUTUAL FUNDS 2884751 F CORPORATE BONDS 2097224 F REAL ESTATE SECURITIES 160883 F EQUITY SECURITIES 7051761 F COMMODITIES 171418 F EXCHANGE TRADED 710776 F 15020895 CHARITABLE GIFT ANNUITY LIABILITY 4002 REFUNDABLE ADVANCE 550905 554907 X 4780944 1181830 1500 79575 1262905 3518039 94808 94808 3612847 3178089 1500 79077 80577 3097512 94808 94808 3192320 PART II, LINE 9: THE CONSERVATION EASEMENTS PROTECT CHARLES M. RUSSELL'S HOME BUILT IN 1900 AND LOG STUDIO BUILT IN 1903. THESE BUILDINGS ARE LOCATED NEXT TO THE MUSEUM ITSELF, AND ARE OPEN FOR TOURS DURING MUSEUM HOURS. THE CONSERVATION EASEMENTS ARE PART OF THE FOUNDATION'S PERMANENT ART COLLECTION, WHICH IS NOT REPORTED IN ITS REVENUE STATEMENT OR BALANCE SHEET PURSUANT TO SFAS 116. PART III, LINE 1A: NOTE 13 TO THE FINANCIAL STATEMENTS: PERMANENT ART COLLECTION: THE FOUNDATION'S COLLECTIONS ARE MADE UP OF ART OBJECTS, PERSONAL BELONGINGS, AND HISTORICAL ARTIFACTS OF CHARLES M. RUSSELL AND OTHERS THAT ARE HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN. EACH ITEM IS PROTECTED, KEPT UNENCUMBERED, CARED FOR, AND PRESERVED. ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. PROCEEDS FROM SALES OF DEACCESSIONED COLLECTION ITEMS ARE USED TO ACQUIRE OTHER ITEMS FOR THE COLLECTION. THE FOUNDATION HAS AN ADOPTED COLLECTIONS MANAGEMENT POLICY IN PLACE. IN KEEPING WITH STANDARD MUSEUM PRACTICE, THE COLLECTIONS, WHICH WERE ACQUIRED VIA PURCHASES AND CONTRIBUTIONS, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF ARTWORK ARE RECORDED AS DECREASES IN NET ASSETS WITH DONOR RESTRICTIONS OR NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR OF PURCHASE, DEPENDING ON THE SOURCES OF FUNDS USED. THE COLLECTION ITEMS ACQUIRED BY GIFT WERE VALUED BY THE DONORS AT $110,130 AND $275,000, RESPECTIVELY, FOR THE YEARS ENDED SEPTEMBER 30, 2023 AND 2022, AND ARE NOT REFLECTED IN THE STATEMENTS OF ACTIVITIES. PART III, LINE 4: THE ORGANIZATION'S PERMANENT COLLECTIONS INCLUDE MORE THAN 12,000 OBJECTS SPANNING FROM ABOUT 1750 TO THE PRESENT: PAINTINGS, DRAWINGS, ORIGINAL PRINTS, SCULPTURE, NATIVE AMERICAN ARTIFACTS, BOOKS, MANUSCRIPTS, IMPRINTS, MAPS, PHOTOGRAPHS, AND CORRESPONDENCE. ALSO INCLUDED ARE TWO HISTORIC STRUCTURES, THE RUSSELL HOME AND STUDIO, BOTH OF WHICH INCLUDE HISTORIC AND PERIOD FURNISHINGS, TOOLS, EQUIPMENT, ART SUPPLIES, CLOTHING, AND OTHER APPROPRIATE COLLECTIONS. THE COLLECTIONS RELATE TO THE CULTURE AND HISTORY OF THE AMERICAN WEST. SIGNIFICANT PARTS OF THE FINE ART COLLECTION, ARTIFACT COLLECTION, AND RUSSELL STUDIO COLLECTION CONSIST OF OBJECTS CREATED BY, OWNED BY, AND/OR USED BUY CHARLES M. RUSSELL. THIS COLLECTION FURTHERS THE EXEMPT PURPOSE OF THE ORGANIZATION, WHICH IS TO COLLECT, PRESERVE, RESEACH, 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. PART V, LINE 4: THE TRIGG - C.M. RUSSELL FOUNDATION, INC. ENDOWMENT WAS ESTABLISHED TO SUPPORT THE MUSEUM FINANCES FOR A VARIETY OF PURPOSES. THERE ARE THREE CATEGORIES OF ENDOWMENT FUNDS: PERMANENT, TEMPORARILY RESTRICTED, AND BOARD DESIGNATED. IN THE PERMANENT ENDOWMENT, DONORS HAVE PLACED CERTAIN RESTRICTIONS ON THEIR GIFTS. THESE RESTRICTIONS INCLUDE OPERATIONS, EDUCATION AND ART. THE FOUNDATION ALSO HAS BEEN THE BENEFICIARY OF CHARITABLE GIFT ANNUITIES. THESE GIFTS ARE PERMANENTLY RESTRICTED AND THE FOUNDATION HAS A LIABILITY FOR THE ANNUITY PAYMENTS TO THE DONORS. THE BOARD DESIGNATED ENDOWMENT INCLUDES FUNDS THAT WERE RECEIVED FROM DONORS WITHOUT RESTRICTIONS AND THE BOARD VOTED TO DESIGNATE THESE FUNDS TO BE SET ASIDE FOR SPECIFIC PURPOSES. THE PURPOSES INCLUDE FUNDS FOR A CURATORIAL CHAIR, OPERATIONS, EDUCATION, ART, EXHIBITIONS, GENERAL CAPITAL IMPROVEMENTS, AND STUDIO IMPROVEMENTS. THE BOARD CAN UNDESIGNATE THESE FUNDS AT ANY TIME VIA BOARD VOTE. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THEREFORE HAS NO PROVISION FOR FEDERAL AND STATE INCOME TAXES. PART XI, LINE 2D - OTHER ADJUSTMENTS: MUSEUM STORE ALLOCATED EXPENSES 79,077. CHANGE IN VALUE OF SPLIT INTEREST A 498. PART XII, LINE 2D - OTHER ADJUSTMENTS: MUSEUM STORE ALLOCATED EXPENSES 79,077. X 3 0 X 366 FAIR MARKET VALUE X 1 2500 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): COLUMN (B) IS REPORTING THE NUMBER OF CONTRIBUTIONS. PART I, LINE 33: THE FOUNDATION HAS ELECTED UNDER SFAS 116 NOT TO REPORT IN ITS REVENUE STATEMENT AND BALANCE SHEET WORKS OF ART, HISTORICAL TREASURES, OR OTHER SIMILAR ASSETS HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE (SEE SCHEDULE D, PART XIV FOR ADDITIONAL INFORMATION). AS SUCH, THERE IS NO REVENUE ASSOCIATED WITH THE DONATED WORKS OF ART REPORTED ABOVE. HOWEVER, THE COLLECTION ITEMS ACQUIRED BY GIFT IN FISCAL YEAR 2023 WERE VALUED BY THE DONORS AT $110,130. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE AMENDED DURING THE TAX YEAR. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE FOUNDATION'S INDEPENDENT ACCOUNTANT AND REVIEWED BY THE FOUNDATION'S EXECUTIVE DIRECTOR AND SENIOR DIRECTOR OF FINANCE. THE RETURN IS THEN PRESENTED TO THE BOARD OF DIRECTORS AT THE NEXT REGULARLY SCHEDULED FULL BOARD MEETING. UPON REVIEW AND DISCUSSION, THE 990 IS SUBJECT TO APPROVAL BY MAJORITY VOTE. ONCE APPROVED, IT IS THEN FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE FOUNDATION'S BOARD OF DIRECTORS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY STATEMENT ANNUALLY AND DISCLOSE ALL MATERIAL CONFLICTS. SHOULD A SITUATION ARISE WHERE A BOARD MEMBER HAS A CONFLICT OF INTEREST, THE BOARD MEMBER ABSTAINS FROM VOTING ON THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION'S BOARD OF DIRECTORS IS RESPONSIBLE FOR HIRING ALL OFFICERS OF THE ORGANIZATION. THE BOARD RESEARCHES COMPARABLE ORGANIZATIONS TO DETERMINE REASONABLE COMPENSATION AND BENEFIT PACKAGES FOR THE ORGANIZATION'S OFFICERS. THE FOUNDATION'S OFFICERS ARE RESPONSIBLE FOR HIRING KEY EMPLOYEES. COMPARISONS ARE MADE TO SIMILAR ORGANIZATIONS AND LOCAL EMPLOYMENT AGENCIES ARE CONTACTED FOR INPUT AS WELL. THERE WERE NO KEY EMPLOYEES EMPLOYED BY THE FOUNDATION IN FISCAL YEAR 2023 (BASED UPON THE 990 DEFINITION OF KEY EMPLOYEE). FORM 990, PART VI, SECTION C, LINE 19 ALL REQUIRED PUBLIC DOCUMENTS ARE MADE AVAILABLE AT THE C.M. RUSSELL MUSEUM ADMINISTRATIVE OFFICES UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 498. FORM 990, PART XII, LINE 2C NO CHANGE FROM PRIOR YEAR IN THE ORGANIZATION'S FINANCIAL STATEMENT OVERSIGHT OR INDEPENDENT ACCOUNTANT SELECTION PROCESSES.