Utah Chamber Artists

Analysis

Utah Chamber Artists is a registered charity in United States, based in Sandy, UT. It received its IRS tax-exemption ruling in November 1993, 33 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, Utah Chamber Artists reported income of $297k and spending of $213k, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $238k to $297k (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 96% 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 Chamber Artists 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 62nd percentile, and in the 60th percentile within UT. Charities of a similar size with the same main cause include Northville Art House Incorporated ($297k), Veterans Memorial Park Foundation of Pensacola Inc ($297k) and Queen Annes County Art Council Inc ($297k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $32k (15% of expenses). Other salaries and wages came to $9,300. At year end it held assets of $158k against liabilities of $2,082, net assets of $156k. It reported 2 employees.