High Valley Arts Foundation

Analysis

High Valley Arts Foundation is a registered charity in United States, based in Midway, UT. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, High Valley Arts Foundation reported income of $146k and spending of $136k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $250k to $146k (-42%), an average of -24% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, High Valley Arts Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within UT. Charities of a similar size with the same main cause include Samahan Filipino American Performing Arts & Education Center ($146k), Historic Madison Inc ($146k) and Time in Childrens Arts Initiative ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $372k against liabilities of $1,405, net assets of $371k.