Utah Petroleum Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2008 | 147,193 | 148,479 | −1,286 | 2.0 | 59% |
| 2009 | 168,313 | 165,117 | 3,196 | 2.0 | 55% |
| 2010 | 180,028 | 168,966 | 11,062 | 2.7 | 55% |
| 2011 | 208,988 | 232,130 | −23,142 | 0.8 | 42% |
| 2012 | 275,250 | 258,248 | 17,002 | 1.5 | 44% |
| 2013 | 314,207 | 303,739 | 10,468 | 1.7 | 38% |
| 2014 | 315,190 | 387,078 | −71,888 | -0.9 | 31% |
| 2015 | 547,077 | 541,787 | 5,290 | -0.5 | 25% |
| 2016 | 357,002 | 339,427 | 17,575 | -0.2 | 42% |
| 2017 | 409,699 | 391,756 | 17,943 | 0.4 | 37% |
| 2018 | 486,882 | 353,344 | 133,538 | 4.9 | 29% |
| 2020 | 620,875 | 479,560 | 141,315 | 10.2 | 58% |
| 2022 | 774,187 | 883,340 | −109,153 | 3.7 | 25% |
| 2023 | 1,306,988 | 991,926 | 315,062 | 7.0 | 32% |
In its most recent public year (2023), this organization brought in $315,062 more than it spent. Its reserves stood at about 7 months of spending, up from 2 in 2008. Staff pay was 32% of spending.
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 Petroleum Association'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