Utah Valley Arts

Analysis

Utah Valley Arts is a registered charity in United States, based in Lehi, UT. It received its IRS tax-exemption ruling in March 1974, 52 years ago. 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 March 2023, Utah Valley Arts reported income of $242k and spending of $188k, leaving 22% of income unspent that year. Across the 2 years on record, from June 2022 to March 2023, income grew from $240k to $242k (+0.7%), an average of +0.7% a year. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Utah Valley Arts 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 58th percentile, and in the 55th percentile within UT. Charities of a similar size with the same main cause include No One Fights Alone ($242k), Upward Bound Study Center Inc ($242k) and Norcross Touchdown Club Inc ($242k).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $145k against liabilities of $0, net assets of $145k.