Alternative Arts and Music Program Utah

Analysis

Alternative Arts and Music Program Utah is a registered charity in United States, based in Bountiful, UT. It received its IRS tax-exemption ruling in January 2022, 4 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, Alternative Arts and Music Program Utah reported income of $131k and spending of $122k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $131k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. 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, Alternative Arts and Music Program Utah 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 Miami Short Film Festival Inc ($131k), Telugu Association of Florida Inc ($131k) and Central Coast Veterans Memorial Museum Inc ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 99% of the total. At year end it held assets of $1 against liabilities of $88, net assets of -$87.