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        <Desc>RESEARCH INITIATIVE: THE BIGHORN RIVER ALLIANCE RECOGNIZES THAT THE HEALTH OF THE BIGHORN RIVER FISHERY IS DEPENDENT ON THE ECOLOGICAL HEALTH OF THE ENTIRE RIVER CORRIDOR. THE RESEARCH INITIATVE PROGRAM WORKS TO BETTER UNDERSTAND THE HEALTH OF THE RIVER AND HOW IT RESPONDS TO NATURAL AND HUMAN FACTORS, THROUGH IN DEPTH SCIENTIFIC INQUIRY THAT CAN LEAD TO PROJECTS THAT PROTECT AND PRESERVE THE RESOURCE. COMPONENTS OF THIS PROGRAM INCLUDE THE ANNUAL LONG-TERM MONITORING OF WATER QUALITY AND MACROINVERTEBRATE COMMUNITIES, MONITORING OF RAINBOW TROUT SPAWNING GROUNDS, LARGE SCALE SIDE CHANNEL RESTORATION WORK THAT RESTORES CONNECTION BETWEEN THE BIGHORN RIVER AND ITS SIDE CHANNELS, AND MONITORING OF HABITATS POST RESTORATION. TO DATE, BIGHORN RIVER ALLIANCE HAS RESTORED 9 SIDE CHANNELS.</Desc>
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      <FormerOfcrEmployeesListedInd>0</FormerOfcrEmployeesListedInd>
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      <CompensationFromOtherSrcsInd>0</CompensationFromOtherSrcsInd>
      <CntrctRcvdGreaterThan100KCnt>0</CntrctRcvdGreaterThan100KCnt>
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        <ExclusionAmt>-2358</ExclusionAmt>
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        <FundraisingAmt>12443</FundraisingAmt>
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        <FundraisingAmt>7700</FundraisingAmt>
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        <ManagementAndGeneralAmt>3394</ManagementAndGeneralAmt>
        <FundraisingAmt>1674</FundraisingAmt>
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        <ManagementAndGeneralAmt>8956</ManagementAndGeneralAmt>
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        <ProgramServicesAmt>49797</ProgramServicesAmt>
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      <AdvertisingGrp>
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        <ProgramServicesAmt>675</ProgramServicesAmt>
        <ManagementAndGeneralAmt>137</ManagementAndGeneralAmt>
        <FundraisingAmt>15</FundraisingAmt>
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      <OfficeExpensesGrp>
        <TotalAmt>22813</TotalAmt>
        <ProgramServicesAmt>14202</ProgramServicesAmt>
        <ManagementAndGeneralAmt>1479</ManagementAndGeneralAmt>
        <FundraisingAmt>7132</FundraisingAmt>
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      <InformationTechnologyGrp>
        <TotalAmt>2985</TotalAmt>
        <ProgramServicesAmt>1986</ProgramServicesAmt>
        <ManagementAndGeneralAmt>999</ManagementAndGeneralAmt>
      </InformationTechnologyGrp>
      <OccupancyGrp>
        <TotalAmt>19101</TotalAmt>
        <ProgramServicesAmt>14423</ProgramServicesAmt>
        <ManagementAndGeneralAmt>4678</ManagementAndGeneralAmt>
      </OccupancyGrp>
      <TravelGrp>
        <TotalAmt>6115</TotalAmt>
        <ProgramServicesAmt>5230</ProgramServicesAmt>
        <ManagementAndGeneralAmt>55</ManagementAndGeneralAmt>
        <FundraisingAmt>830</FundraisingAmt>
      </TravelGrp>
      <DepreciationDepletionGrp>
        <TotalAmt>4045</TotalAmt>
        <ProgramServicesAmt>4045</ProgramServicesAmt>
      </DepreciationDepletionGrp>
      <InsuranceGrp>
        <TotalAmt>3660</TotalAmt>
        <ManagementAndGeneralAmt>3660</ManagementAndGeneralAmt>
      </InsuranceGrp>
      <OtherExpensesGrp>
        <Desc>RESEARCH INITIATIVE EXP</Desc>
        <TotalAmt>68188</TotalAmt>
        <ProgramServicesAmt>68188</ProgramServicesAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>EDUCATION &amp; OUTREACH</Desc>
        <TotalAmt>6563</TotalAmt>
        <ProgramServicesAmt>6563</ProgramServicesAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>MISCELLANEOUS</Desc>
        <TotalAmt>5949</TotalAmt>
        <ProgramServicesAmt>1788</ProgramServicesAmt>
        <FundraisingAmt>4161</FundraisingAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>FIELDWORK EQUIPMENT</Desc>
        <TotalAmt>4219</TotalAmt>
        <ProgramServicesAmt>4219</ProgramServicesAmt>
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      <AllOtherExpensesGrp>
        <TotalAmt>450</TotalAmt>
        <ProgramServicesAmt>450</ProgramServicesAmt>
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      <TotalFunctionalExpensesGrp>
        <TotalAmt>389136</TotalAmt>
        <ProgramServicesAmt>297503</ProgramServicesAmt>
        <ManagementAndGeneralAmt>57449</ManagementAndGeneralAmt>
        <FundraisingAmt>34184</FundraisingAmt>
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      <CashNonInterestBearingGrp>
        <BOYAmt>258614</BOYAmt>
        <EOYAmt>274818</EOYAmt>
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      <PledgesAndGrantsReceivableGrp>
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        <EOYAmt>65508</EOYAmt>
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      <InventoriesForSaleOrUseGrp>
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        <EOYAmt>6600</EOYAmt>
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      <PrepaidExpensesDefrdChargesGrp>
        <BOYAmt>1500</BOYAmt>
        <EOYAmt>1500</EOYAmt>
      </PrepaidExpensesDefrdChargesGrp>
      <LandBldgEquipCostOrOtherBssAmt>38406</LandBldgEquipCostOrOtherBssAmt>
      <LandBldgEquipAccumDeprecAmt>4045</LandBldgEquipAccumDeprecAmt>
      <LandBldgEquipBasisNetGrp>
        <BOYAmt>0</BOYAmt>
        <EOYAmt>34361</EOYAmt>
      </LandBldgEquipBasisNetGrp>
      <InvestmentsPubTradedSecGrp>
        <BOYAmt>334197</BOYAmt>
        <EOYAmt>398622</EOYAmt>
      </InvestmentsPubTradedSecGrp>
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        <BOYAmt>659073</BOYAmt>
        <EOYAmt>781409</EOYAmt>
      </TotalAssetsGrp>
      <AccountsPayableAccrExpnssGrp>
        <BOYAmt>3250</BOYAmt>
        <EOYAmt>3996</EOYAmt>
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      <DeferredRevenueGrp>
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        <EOYAmt>65508</EOYAmt>
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      <TotalLiabilitiesGrp>
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        <EOYAmt>69504</EOYAmt>
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      <CapStkTrPrinCurrentFundsGrp>
        <BOYAmt>0</BOYAmt>
        <EOYAmt>0</EOYAmt>
      </CapStkTrPrinCurrentFundsGrp>
      <PdInCapSrplsLandBldgEqpFundGrp>
        <BOYAmt>0</BOYAmt>
        <EOYAmt>0</EOYAmt>
      </PdInCapSrplsLandBldgEqpFundGrp>
      <RtnEarnEndowmentIncmOthFndsGrp>
        <BOYAmt>590330</BOYAmt>
        <EOYAmt>711905</EOYAmt>
      </RtnEarnEndowmentIncmOthFndsGrp>
      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>590330</BOYAmt>
        <EOYAmt>711905</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>659073</BOYAmt>
        <EOYAmt>781409</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <ReconcilationRevenueExpnssAmt>98404</ReconcilationRevenueExpnssAmt>
      <NetUnrlzdGainsLossesInvstAmt>23171</NetUnrlzdGainsLossesInvstAmt>
      <OtherChangesInNetAssetsAmt>0</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AccountantCompileOrReviewInd>0</AccountantCompileOrReviewInd>
      <FSAuditedInd>0</FSAuditedInd>
      <FederalGrantAuditRequiredInd>0</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleA documentId="RetDoc1039100001">
      <PublicOrganization170Ind>X</PublicOrganization170Ind>
      <GiftsGrantsContriRcvd170Grp>
        <CurrentTaxYearMinus4YearsAmt>235119</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>367443</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>429306</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>450150</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>465523</CurrentTaxYearAmt>
        <TotalAmt>1947541</TotalAmt>
      </GiftsGrantsContriRcvd170Grp>
      <TotalCalendarYear170Grp>
        <CurrentTaxYearMinus4YearsAmt>235119</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>367443</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>429306</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>450150</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>465523</CurrentTaxYearAmt>
        <TotalAmt>1947541</TotalAmt>
      </TotalCalendarYear170Grp>
      <SubstantialContributorsTotAmt>278754</SubstantialContributorsTotAmt>
      <PublicSupportTotal170Amt>1668787</PublicSupportTotal170Amt>
      <GrossInvestmentIncome170Grp>
        <CurrentTaxYearMinus2YearsAmt>5426</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>7555</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>12023</CurrentTaxYearAmt>
        <TotalAmt>25004</TotalAmt>
      </GrossInvestmentIncome170Grp>
      <UnrelatedBusinessNetIncm170Grp>
        <CurrentTaxYearMinus4YearsAmt>21543</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>9124</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>9345</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>3770</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>10140</CurrentTaxYearAmt>
        <TotalAmt>53922</TotalAmt>
      </UnrelatedBusinessNetIncm170Grp>
      <TotalSupportAmt>2026467</TotalSupportAmt>
      <GrossReceiptsRltdActivitiesAmt>1585</GrossReceiptsRltdActivitiesAmt>
      <PublicSupportCY170Pct>0.82350</PublicSupportCY170Pct>
      <PublicSupportPY170Pct>0.80400</PublicSupportPY170Pct>
      <ThirtyThrPctSuprtTestsCY170Ind>X</ThirtyThrPctSuprtTestsCY170Ind>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <ContributorInformationGrp>
        <ContributorNum>RESTRICTED</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>RESTRICTED</TotalContributionsAmt>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
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        <DepreciationAmt>4045</DepreciationAmt>
        <BookValueAmt>34361</BookValueAmt>
      </EquipmentGrp>
      <TotalBookValueLandBuildingsAmt>34361</TotalBookValueLandBuildingsAmt>
    </IRS990ScheduleD>
    <IRS990ScheduleG documentId="RetDoc1041300001">
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        <GrossRevenueOtherGamingAmt>30680</GrossRevenueOtherGamingAmt>
        <NonCashPrizesOtherGamingAmt>17900</NonCashPrizesOtherGamingAmt>
        <OthDirectExpnssOtherGamingAmt>282</OthDirectExpnssOtherGamingAmt>
        <VolunteerLaborOtherGamingInd>0</VolunteerLaborOtherGamingInd>
        <GrossRevenueTotalGamingAmt>30680</GrossRevenueTotalGamingAmt>
        <NonCashPrizesTotalGamingAmt>17900</NonCashPrizesTotalGamingAmt>
        <OthDirectExpnssTotalGamingAmt>282</OthDirectExpnssTotalGamingAmt>
        <DirectExpenseSummaryGamingAmt>18182</DirectExpenseSummaryGamingAmt>
        <NetGamingIncomeSummaryAmt>12498</NetGamingIncomeSummaryAmt>
      </GamingInformationGrp>
      <StatesWhereGamingConductedCd>MT</StatesWhereGamingConductedCd>
      <LicensedInd>1</LicensedInd>
      <LicenseSuspendedEtcInd>0</LicenseSuspendedEtcInd>
      <GamingWithNonmembersInd>1</GamingWithNonmembersInd>
      <MemberOfOtherEntityInd>0</MemberOfOtherEntityInd>
      <GamingOwnFacilityPct>1.00000</GamingOwnFacilityPct>
      <GamingOtherFacilityPct>0.00000</GamingOtherFacilityPct>
      <IndividualWithBooksNm>ANNE MARIE EMERY</IndividualWithBooksNm>
      <PersonsWithBooksUSAddress>
        <AddressLine1Txt>3333 2ND AVE N SUITE 170</AddressLine1Txt>
        <CityNm>BILLINGS</CityNm>
        <StateAbbreviationCd>MT</StateAbbreviationCd>
        <ZIPCd>59101</ZIPCd>
      </PersonsWithBooksUSAddress>
      <CntrctWith3rdPrtyForGameRevInd>0</CntrctWith3rdPrtyForGameRevInd>
      <GamingManagerPersonNm>ANNE MARIE EMERY</GamingManagerPersonNm>
      <GamingManagerCompensationAmt>0</GamingManagerCompensationAmt>
      <GamingManagerServicesProvTxt>OVERSEE RAFFLE MANAGEMENT PERTAINING TO STATE REGISTRATION, ADVERTISING AND SALES.</GamingManagerServicesProvTxt>
      <GamingManagerIsDirectorOfcrInd>X</GamingManagerIsDirectorOfcrInd>
      <CharitableDistributionRqrInd>0</CharitableDistributionRqrInd>
    </IRS990ScheduleG>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>IN ANY GIVEN YEAR, THE MEMBERS OF BIGHORN RIVER ALLIANCE ARE OF TWO CLASSES: A. NON-VOTING: THOSE WHO HAVE CONTRIBUTED FUNDS TO THE ORGANIZATION IN THE GIVEN YEAR, THOSE WHO HAVE BEEN GIFTED A MEMBERSHIP OR DONATED IN-KIND GOODS/SERVICES TO THE ORGANIZATION, OR THOSE WHO HAVE INCLUDED THE ORGANIZATION IN LEGACY OR PERPETUAL GIVING. B. VOTING: THE BOARD OF DIRECTORS OF THE ORGANIZATION IN THE GIVEN YEAR.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION'S BYLAWS DESIGNATE THE BOARD OF DIRECTORS AS THE VOTING MEMBERS OF THE ORGANIZATION. THROUGH ITS BOARD STRUCTURE, THE ORGANIZATION FOLLOWS A DEFINED PROCESS FOR ELECTING DIRECTORS AND OFFICERS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>A COPY OF THE FORM 990 WILL BE PROVIDED TO THE BOARD FOR REVIEW AT THE NEXT BOARD MEETING. IF THERE WON'T BE A BOARD MEETING IN THE NEAR FUTURE, AN OFFICER WILL REVIEW THE FORM 990 AND DISCUSS ANY QUESTIONS OR ITEMS WITH THE ACCOUNTANT BEFORE THE FORM 990 IS FILED.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD OF DIRECTORS IS REQUIRED TO FILL OUT A CONFLICT OF INTEREST POLICY ANNUALLY, AT THE FIRST BOARD MEETING OF EACH CALENDAR YEAR. IF A CONFLICT OF INTEREST ARISES AFTER THE POLICY IS SIGNED, BOARD MEMBERS WILL REPORT THE CONFLICT TO THE EXECUTIVE DIRECTOR AND GOVERNANCE CHAIR.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE COMPENSATION FOR THE EXECUTIVE DIRECTOR IS CONSIDERED BY THE BOARD OF DIRECTORS BASED ON THE FOLLOWING CRITERIA: - THE DIRECTORS ABILITY TO INCREASE DONATIONS AND CONTRIBUTIONS TO THE ORGANIZATION - EVALUATION OF OTHER EXECUTIVE DIRECTOR SALARIES FROM COMPARABLE NONPROFIT ORGANIZATIONS - MEMBER SATISFACTION WITH PERFORMANCE OF DUTIES AND PROJECTS</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION WILL PROVIDE ITS AVAILABLE GOVERNING DOCUMENTS TO THE PUBLIC UPON REQUEST AT THE ORGANIZATION'S OFFICE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART IX, LINE 11G</FormAndLineReferenceDesc>
        <ExplanationTxt>CONSULTANTS - RESEARCH INITATIVE: PROGRAM SERVICE EXPENSES 49,797. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 49,797.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>