Lehi City Arts Council

Analysis

Lehi City Arts Council is a registered charity in United States, based in Lehi, UT. It received its IRS tax-exemption ruling in June 2014, 12 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, Lehi City Arts Council reported income of $305k and spending of $271k, spending 89% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $116k to $305k (+163%), an average of +38% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lehi City Arts Council sits at the 69th 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 Symphony of the Hills Association ($305k), Chromadiverse Inc ($305k) and Mid-Columbia Symphony Society ($305k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $9,000 (3.3% of expenses). At year end it held assets of $178k against liabilities of $373, net assets of $177k.