Utah Arts Alliance
EIN: 743090585 · Salt Lake Cty, UT · NTEE: A60
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $2.4M |
| Net Assets | $1.5M |
Is Utah Arts Alliance Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Utah Arts Alliance
Utah Arts Alliance (EIN: 743090585) is a nonprofit organization based in Salt Lake Cty, UT, classified under NTEE code A60. The organization reported total revenue of $2.0M and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Utah Arts Alliance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Utah Arts Alliance is a mid-size nonprofit that has been operating for 23 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 31.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.4M |
| Surplus / Deficit | +$163K |
| Total Assets | $3.8M |
| Total Liabilities | $2.3M |
| Net Assets | $1.5M |
| Operating Margin | 6.4% |
| Debt-to-Asset Ratio | 60.5% |
| Months of Reserves | 19.4 months |
Financial Health Grade: A
In 2023, Utah Arts Alliance reported a surplus of $163K with revenue exceeding expenses, holds 19.4 months of operating reserves (strong position), has a debt-to-asset ratio of 60.5% (high leverage).
Financial Trends
Over 14 years of filings (2011–2023), Utah Arts Alliance's revenue has grown at a compound annual growth rate (CAGR) of 31.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +28.9% | -12.4% | -0.1% |
| 2022 | -35.2% | -1.2% | -16.5% |
| 2021 | +64.6% | +80.4% | +186.2% |
| 2020 | +23.1% | +23.2% | +33.5% |
| 2019 | +96.5% | +55.4% | +18.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Utah Arts Alliance has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Utah Arts Alliance with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $163K, with revenue exceeding expenses.
- Debt-to-asset ratio: 60.5%.
Frequently Asked Questions about Utah Arts Alliance
Is Utah Arts Alliance a legitimate charity?
Based on AI analysis of IRS 990 filings, Utah Arts Alliance (EIN: 743090585) insufficient data. 0 red flags identified, 0 strengths noted.
How does Utah Arts Alliance spend its money?
Detailed spending breakdown data is not yet available for Utah Arts Alliance. Check back for updated IRS 990 analysis.
Are donations to Utah Arts Alliance tax-deductible?
Utah Arts Alliance is registered as a tax-exempt nonprofit (EIN: 743090585). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Utah Arts Alliance located?
Utah Arts Alliance is headquartered in Salt Lake Cty, Utah and files with the IRS under EIN 743090585. It is classified under NTEE code A60.
How many years of IRS 990 filings does Utah Arts Alliance have?
Utah Arts Alliance has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.0M in total revenue.
Filing History
IRS 990 filing history for Utah Arts Alliance showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Utah Arts Alliance's revenue has grown by 2635.3%, moving from $93K to $2.5M. Total assets increased by 35724.8% over the same period, from $11K to $3.8M. Total functional expenses rose by 2190.3%, from $104K to $2.4M. In its most recent filing year (2023), Utah Arts Alliance reported a surplus of $163K, with revenue exceeding expenses. The organization holds $2.3M in liabilities against $3.8M in assets (debt-to-asset ratio: 60.5%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.4M | $3.8M | $2.3M | — | View 990 |
| 2022 | $2.0M | $2.7M | $3.8M | $2.5M | — | View 990 |
| 2021 | $3.0M | $2.7M | $4.6M | $2.5M | — | View 990 |
| 2020 | $1.8M | $1.5M | $1.6M | $118K | — | — |
| 2019 | $1.5M | $1.2M | $1.2M | $40K | — | View 990 |
| 2018 | $761K | $792K | $1.0M | $119K | — | View 990 |
| 2017 | $677K | $755K | $967K | $77K | — | View 990 |
| 2016 | $602K | $586K | $1.0M | $38K | — | View 990 |
| 2015 | $387K | $443K | $999K | $47K | — | View 990 |
| 2014 | $1.3M | $258K | $1.1M | $0 | — | View 990 |
| 2014 | $298K | $309K | $15K | $0 | — | View 990 |
| 2013 | $207K | $185K | $22K | $0 | — | View 990 |
| 2012 | $138K | $150K | $-916 | $0 | — | View 990 |
| 2011 | $93K | $104K | $11K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.4M, and assets of $3.8M (revenue +28.9% year-over-year).
- 2022: Revenue of $2.0M, expenses of $2.7M, and assets of $3.8M (revenue -35.2% year-over-year).
- 2021: Revenue of $3.0M, expenses of $2.7M, and assets of $4.6M (revenue +64.6% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.5M, and assets of $1.6M (revenue +23.1% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.2M, and assets of $1.2M (revenue +96.5% year-over-year).
- 2018: Revenue of $761K, expenses of $792K, and assets of $1.0M (revenue +12.5% year-over-year).
- 2017: Revenue of $677K, expenses of $755K, and assets of $967K (revenue +12.5% year-over-year).
- 2016: Revenue of $602K, expenses of $586K, and assets of $1.0M (revenue +55.5% year-over-year).
- 2015: Revenue of $387K, expenses of $443K, and assets of $999K (revenue -71.3% year-over-year).
- 2014: Revenue of $1.3M, expenses of $258K, and assets of $1.1M (revenue +351.8% year-over-year).
- 2014: Revenue of $298K, expenses of $309K, and assets of $15K (revenue +43.9% year-over-year).
- 2013: Revenue of $207K, expenses of $185K, and assets of $22K (revenue +50.2% year-over-year).
- 2012: Revenue of $138K, expenses of $150K, and assets of $-916 (revenue +49.1% year-over-year).
- 2011: Revenue of $93K, expenses of $104K, and assets of $11K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Utah Arts Alliance:
Data Sources and Methodology
This transparency report for Utah Arts Alliance is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.