City of South Salt Lake Arts Council Inc

Analysis

City of South Salt Lake Arts Council Inc is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in August 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, City of South Salt Lake Arts Council Inc reported income of $289k and spending of $289k, spending 100% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $184k to $289k (+58%), an average of +58% a year. The sharpest change came in the year to June 2023, when income rose by 58%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, City of South Salt Lake Arts Council Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within UT. Charities of a similar size with the same main cause include Seekonk Cable Access Inc ($289k), Studio Ace ($289k) and Bas Bleu Theatre Company ($289k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 7.4% of the total. Compensation of current officers, directors and key employees was $51k (18% of expenses). Other salaries and wages came to $13k. At year end it held assets of $0 against liabilities of $0, net assets of $0.