Utah Arts Festival Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,438,328 | 1,387,102 | 51,226 | 2.3 | 16% |
| 2012 | 1,376,096 | 1,413,716 | −37,620 | 2.1 | 18% |
| 2013 | 1,550,328 | 1,460,315 | 90,013 | 2.9 | 17% |
| 2014 | 1,510,359 | 1,501,310 | 9,049 | 3.0 | 18% |
| 2015 | 1,425,677 | 1,554,707 | −129,030 | 1.8 | 19% |
| 2016 | 1,662,578 | 1,692,031 | −29,453 | 1.5 | 18% |
| 2017 | 1,479,473 | 1,489,514 | −10,041 | 1.8 | 18% |
| 2018 | 1,662,175 | 1,611,886 | 50,289 | 2.1 | 17% |
| 2019 | 1,601,624 | 1,542,710 | 58,914 | 2.9 | 14% |
| 2020 | 406,899 | 502,476 | −95,577 | 7.1 | 46% |
| 2021 | 1,502,205 | 1,343,723 | 158,482 | 4.0 | 13% |
| 2022 | 1,497,242 | 1,645,529 | −148,287 | 1.5 | 12% |
| 2023 | 1,607,849 | 1,657,136 | −49,287 | 1.3 | 28% |
In its most recent public year (2023), this organization spent $49,287 more than it brought in. Its reserves stood at about 1.3 months of spending. Staff pay was 28% of spending. $118,019 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Utah Arts Festival Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works