Utah Museums Association Inc

Analysis

Utah Museums Association Inc is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in October 1986, 40 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Utah Museums Association Inc reported income of $76k and spending of $90k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $112k to $76k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Utah Museums Association Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within UT. Charities of a similar size with the same main cause include Minnesota African American Heritage Museum and Gallery ($76k), Chinese Historical and Cultural Project of Santa Clara County Inc ($76k) and Southcoast Dixieland Clambake Inc ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 28% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.