Utah Theatre Association

Analysis

Utah Theatre Association is a registered charity in United States, based in Spanish Fork, UT. It received its IRS tax-exemption ruling in February 2004, 22 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 March 2024, Utah Theatre Association reported income of $133k and spending of $151k, spending 114% of what it took in. Across the 3 years on record, from March 2021 to March 2024, income grew from $18k to $133k (+631%), an average of +170% a year. The sharpest change came in the year to March 2023, when income rose by 713%. Over the whole period it spent 106% 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 Theatre Association sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within UT. Charities of a similar size with the same main cause include Neshama of Manhattan Beach ($133k), Strauss Festival of Elk Grove Inc ($133k) and Sons of the Republic of Texas ($133k).

At year end it held assets of $92k against liabilities of $0, net assets of $92k.