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Montana · Nonprofit

BIG SKY ECONOMIC DEVELOPMENT CORPORATION

BIG SKY ECONOMIC DEVELOPMENT CORPORATION (Montana) receives grants from 7 organizations whose IRS filings report $174,570 to it, the largest being SCL HEALTH - MONTANA ($67,500). 2 of them have funded it in more than one year.

Revenue FY2025
$2.4M
Funders on record
7
Grants received
$175k
Net assets
$5.9M
2/7 repeat funderspeak grant-dependency 7%
01What it does

What Big Sky Economic Development Corporation does

Mission

To promote, stimulate, and advance the general welfare and economic development for billings, yellowstone county, and the state of montana.

As stated on its FY2025 Form 990.

Programs

  1. Recruit businesses to billings and yellowstone county.

    $184,074 spent
    13% of program spending
  2. Recruit, retain, and engage member investors in economic development activities in billings, yellowstone county, and the state of montana.

    $143,288 spent
    10% of program spending
  3. Provide business financing opportunities via a revolving loan program or the sba 504 loan program.

    $993,390 spent$648,289 earned by the program
    68% of program spending
  4. To promote, stimulate, and advance the general welfare and economic development for billings, yellowstone county, and the state of montana.

    $149,743 spent
    10% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,470,495.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.0M) Expenses 100 ($767k) Net assets 100 ($3.1M)2018 Revenue 130 ($1.3M) Expenses 131 ($1.0M) Net assets 110 ($3.5M)2019 Revenue 164 ($1.7M) Expenses 249 ($1.9M) Net assets 103 ($3.2M)2020 Revenue 217 ($2.2M) Expenses 350 ($2.7M) Net assets 87 ($2.7M)2021 Revenue 147 ($1.5M) Expenses 178 ($1.4M) Net assets 91 ($2.9M)2022 Revenue 195 ($2.0M) Expenses 249 ($1.9M) Net assets 94 ($2.9M)2023 Revenue 203 ($2.1M) Expenses 194 ($1.5M) Net assets 112 ($3.5M)2024 Revenue 314 ($3.2M) Expenses 204 ($1.6M) Net assets 163 ($5.1M)2025 Revenue 232 ($2.4M) Expenses 207 ($1.6M) Net assets 188 ($5.9M)
'17'18'19'20'21'22'23'24'25
Revenue (232)Expenses (207)Net assets (188)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $3.7M to $5.2M (+39%).

$3.2M
$3.6M
$3.5M
$2.8M
$3.0M
$3.1M
$3.7M
$5.2M
$6.0M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 30% · 2024 23% · 2025 30%. Grants only. Government contracts and fees sit inside program revenue.

65% of BIG SKY ECONOMIC DEVELOPMENT CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$248k
’17
$320k
’18
−$241k
’19
−$480k
’20
$130k
’21
$70k
’22
$567k
’23
$1.6M
’24
$771k
’25
17
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Steve Arveschoug

Executive director

Board chair

Nick Pancheau

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed222623232323232323
Joined·+6+5+1+4+5+5+3+3
No longer listed·28145533
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 2 funders to 3 funders, grant income fell $95k → $18k.

1 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 19% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of BIG SKY ECONOMIC DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BIG SKY ECONOMIC DEVELOPMENT CORPORATION leans on a few funders — its largest provides 39% of grant income and the top three 79%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

79% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BIG SKY ECONOMIC DEVELOPMENT CORPORATION.

39%
largest funder
79%
top three
~4
effective funders

Largest funder’s share by year: 2018 61% · 2021 67% · 2022 100% · 2023 56% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

95% of BIG SKY ECONOMIC DEVELOPMENT CORPORATION's grant income comes from Montana funders.

MT
ND

In-state vs out-of-state, by year

’18
’21
’22
’23
Montana out of state home

Funder states come from each funder’s own filing. $33k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

BIG SKY ECONOMIC DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 2,127 community improvement nonprofits its size.

Operating margin33% · top quartile
Months of reserve16.8mo · top quartile
Revenue growth (annualized)11% · above the median

this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025

Government funding BIG SKY ECONOMIC DEVELOPMENT CORPORATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.8M on record.

Federal$1.8M
grants $1.8Mcontracts $0
Top agencies
  • Department of Commerce$1.8M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like BIG SKY ECONOMIC DEVELOPMENT CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Montana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

93% of spending goes to programs.

Program 93%Management 7%Fundraising 0%

Governance

22
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Public support

96%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 1 related entity

  • Big Sky Economic Development Authority · exempt

Screen this organization

A dated, signed PDF of the compliance screen for BIG SKY ECONOMIC DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BIG SKY ECONOMIC DEVELOPMENT CORPORATION?
BIG SKY ECONOMIC DEVELOPMENT CORPORATION (Montana) receives grants from 7 organizations whose IRS filings report $174,570 to it, the largest being SCL HEALTH - MONTANA ($67,500). 2 of them have funded it in more than one year.
How many funders does BIG SKY ECONOMIC DEVELOPMENT CORPORATION have?
IRS filings report 7 organizations giving $174,570 in grants to BIG SKY ECONOMIC DEVELOPMENT CORPORATION, 2 of which have funded it in more than one year.
Who is the largest funder of BIG SKY ECONOMIC DEVELOPMENT CORPORATION?
SCL HEALTH - MONTANA is the largest funder on record, with $67,500 in grants. The full list of funders is on this page.
How can an organization like BIG SKY ECONOMIC DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Montana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing