| 1 | Trigg-c M Russell Foundation INC Great Falls | $7.8M | $3.4M | $27.6M |
| 2 | Friends of Montana PBS INC Bozeman | $6.1M | $6.1M | $17.8M |
| 3 | Yellowstone Art Museum Billings | $4.6M | $3.8M | $12.6M |
| 4 | Alberta Bair Theater Corporation Billings | $3.6M | $2.9M | $18.6M |
| 5 | Eci Foundation Billings | $3.5M | $0 | $3.5M |
| 6 | The Shane Lalani Center for the Arts Livingston | $2.4M | $2.3M | $6.7M |
| 7 | Montana Free Press Helena | $2.2M | $2.2M | $1.4M |
| 8 | Cine Billings Billings | $2.1M | $2.1M | $2.3M |
| 9 | Billings Symphony Society Billings | $2.0M | $1.6M | $5.3M |
| 10 | Emerson Cultural Center INC Bozeman | $1.9M | $1.9M | $4.6M |
| 11 | Tinworks Art Bozeman | $1.8M | $1.8M | $937K |
| 12 | Empryean Canvas INC Bozeman | $1.8M | $0 | $2.8M |
| 13 | Yellowstone County Museum Foundation Billings | $1.6M | $425K | $1.3M |
| 14 | Friends of Public Radio INC Billings | $1.4M | $1.3M | $2.8M |
| 15 | Missoula Art Museum Missoula | $1.4M | $1.3M | $1.4M |
| 16 | Broadwater Productions INC Helena | $1.3M | $1.3M | $1.2M |
| 17 | Powell County Museum & Arts Foundation INC Deer Lodge | $1.2M | $1.0M | $4.6M |
| 18 | Piikanii Lodge Health Institute Browning | $1.2M | $1.2M | $476K |
| 19 | Montana Theatreworks INC Bozeman | $1.2M | $1.1M | $2.3M |
| 20 | Cascade County Historical Society Great Falls | $1.1M | $1.1M | $3.2M |
| 21 | Missoula Civic Symphony Association Missoula | $1.1M | $1.0M | $1.1M |
| 22 | The Myrna Loy Helena | $1.1M | $952K | $2.9M |
| 23 | Montana History Foundation Helena | $1.0M | $992K | $10.1M |
| 24 | Zootown Arts Community Center Missoula | $1.0M | $992K | $2.5M |
| 25 | Paris Gibson Square Incorporated Great Falls | $1.0M | $938K | $1.5M |
| 26 | Billings Preservation Society INC Billings | $1.0M | $862K | $1.4M |
| 27 | Fort Peck Fine Arts Council Glasgow | $986K | $986K | $2.5M |
| 28 | Hatch Bozeman | $939K | $939K | $67K |
| 29 | Butte Center for the Performing Arts INC Butte | $925K | $925K | $2.8M |
| 30 | Hockaday Museum of Art Kalispell | $832K | $760K | $3.6M |
| 31 | Mahchiwminahnahtik Chippewa and Cree Language Revitalization Box Elder | $810K | $810K | $364K |
| 32 | Friends of Montana Shakespeare in the Parks Bozeman | $794K | $771K | $49K |
| 33 | Whitefish Theatre Co Whitefish | $791K | $772K | $2.1M |
| 34 | Opera Montana Bozeman | $762K | $760K | $427K |
| 35 | Blackfoot Pathways Sculpture in the Wild Lincoln | $732K | $732K | $964K |
| 36 | Billings Depot INC Billings | $702K | $690K | $2.2M |
| 37 | Holter Museum of Art INC Helena | $695K | $642K | $2.4M |
| 38 | Burton K Wheeler Center INC Bozeman | $693K | $239K | $1.5M |
| 39 | Blackfeet Eco Knowledge INC Browning | $676K | $676K | $314K |
| 40 | Yellow Bird Life Ways Center Lame Deer | $669K | $669K | $523K |
| 41 | Prop Foundation INC Missoula | $624K | $0 | $1.6M |
| 42 | Stumptown Art Studio Whitefish | $614K | $614K | $624K |
| 43 | World Museum of Mining INC Butte | $614K | $525K | $2.7M |
| 44 | American Computer Museum Ltd Bozeman | $612K | $546K | $730K |
| 45 | Maps Media Institute INC Hamilton | $598K | $598K | $152K |
| 46 | Missoula Community Access Television INC Missoula | $594K | $594K | $537K |
| 47 | Big Sky Film Institute Missoula | $523K | $523K | $94K |
| 48 | Alpine Theatre Project INC Whitefish | $515K | $514K | $41K |
| 49 | Abf Fund Helena | $515K | $515K | $18.0M |
| 50 | Museum of Mountain Flying Missoula | $498K | $332K | $1.2M |