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Passes our checks

Covellite Presents

EIN 82-0870501 · Butte, MT

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak40 out of 100GovernanceFair52 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

COVELLITE PRESENTS ENGAGES, INSPIRES, ENTERTAINS & CHALLENGES AUDIENCES WITH STAGE PRODUCTIONS THAT RANGE FROM THE CLASSICS TO EXPERIMENTAL WORKS. WE PROVIDE ARTS EDUCATION PROGRAMS THAT PROMOTE LIFE-LONG LEARNING TO A DIVERSE COMMUNITY; AND WE CELEBRATE THE ESSENTIAL POWER OF THE ARTS TO ILLUMINATE OUR COMMON HUMANITY.

Income
$264,499
Spending
$299,288
Spent on programs
89%
Reserves
0.1 months of spending
Largest source of income
fees for its services, 44%
Employees
5
Volunteers
3

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 40 out of 100. Higher than 10% of charities in its peer group (arts and culture, $250k to $1m).

  • Reserves

    4 of 35

    Spendable reserves would cover 0.1 months of spending.

  • Debt

    2 of 20

    It owes 79% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 13% of income.

  • Income trend

    15 of 15

    Income rose 762% on the year before.

  • Spending floor

    15 of 15

    89% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 52 out of 100. Higher than 20% of charities in its peer group (arts and culture, $250k to $1m).

  • Independent board

    18 of 25

    3 of 3 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $233,707 spent. LIVE ENTERTAINMENTCOVELLITE PRESENTS DELIVERED A FULL SEASON OF LIVE ENTERTAINMENT IN 2024, HOSTING OVER 216 PUBLIC EVENTS INCLUDING CONCERTS, THEATER PERFORMANCES, FILM SCREENINGS, COMEDY SHOWS, AND COMMUNITY FESTIVALS. THE PROGRAM SERVED MORE THAN 8,000 ATTENDEES FROM BUTTE AND THE SURROUNDING REGION, PROVIDING ACCESS TO LOCAL, REGIONAL, AND NATIONAL TOURING ARTISTS. HIGHLIGHTS INCLUDED CELTIC MUSIC LEGENDS, INDIE ROCK BANDS, LOCAL THEATER PRODUCTIONS, AND THE ANNUALCOVELLITE INTERNATIONAL FILM FESTIVAL. THIS PROGRAM FULFILLS COVELLITE'S MISSION TO ENRICH THE CULTURAL LANDSCAPE OF THE COMMUNITY BY OFFERING DIVERSE, HIGH-QUALITY PERFORMING ARTS EXPERIENCES.
  2. $31,881 spent. BAR & CONCESSION SALESCOVELLITE'S BAR AND CONCESSIONS PROGRAM SUPPORTED OVER 216 LIVE EVENTS AND 15 PRIVATE RENTALS IN 2024, OFFERING BEER, WINE, NONALCOHOLIC BEVERAGES, AND SNACKS TO AN ESTIMATED 4,500 PATRONS. REVENUE FROM THIS PROGRAM DIRECTLY SUPPORTS COVELLITE'S OPERATIONAL COSTS, HELPING KEEP TICKET PRICES ACCESSIBLE AND FUNDING ONGOING BUILDING IMPROVEMENTS. THE PROGRAM IS OPERATED BY TRAINED STAFF AND VOLUNTEERS, ENSURING RESPONSIBLE ALCOHOL SERVICE AND PROVIDING AN ENJOYABLE, SOCIAL ATMOSPHERE THAT ENHANCES THE LIVE ENTERTAINMENT EXPERIENCE.
  3. EVENT RENTALSCOVELLITE THEATRE SERVED AS A UNIQUE HISTORIC VENUE FOR 15 PRIVATE EVENTS IN 2024, INCLUDING WEDDINGS, NONPROFIT FUNDRAISERS, BUSINESS CONFERENCES, AND COMMUNITY GATHERINGS. THESE RENTALS BENEFITTED APPROXIMATELY 1,500 PARTICIPANTS AND GENERATED CRITICAL EARNED INCOME THAT SUPPORTS COVELLITE'S NONPROFIT MISSION. THE VENUE OFFERS FLEXIBLE SPACES INCLUDING A 250-SEAT MAIN THEATRE AND A 150-CAPACITY LOUNGE PROVIDING A VITAL GATHERING PLACE FOR DIVERSE COMMUNITY USES WHILE PRESERVING AN ICONIC BUTTE LANDMARK.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 2017.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.