Utah Heritage Foundation

Analysis

Utah Heritage Foundation is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in August 1966, 60 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, Utah Heritage Foundation reported income of $170k and spending of $245k, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $459k to $170k (-63%), an average of -22% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 98% 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 Heritage Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within UT. Charities of a similar size with the same main cause include Birmingham Chapter Les Dames Descoffier International ($170k), Nupur Academy LA Inc ($170k) and Isabel Anderson Comer Museum & Arts Center ($170k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $53k (22% of expenses). Other salaries and wages came to $78k. At year end it held assets of $1.8m against liabilities of $122k, net assets of $1.7m. It reported 16 employees.