Midvale Arts Council

Nonprofit profile at a glance

EIN
460562853
IRS 990-EZ coverage
2014–2024
Forms available
Form 990-EZ 2024, Form 990-N 2012
Location
Midvale, UT, USA
Phone
8017066239
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Performing Arts Organizations

Official website

Reported finances

Revenue
$85,536
Expenses
$75,380
Assets
$221,100
Liabilities
$277

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

People named in this filing

  • WADE WALKER (BOARD CHAIRM)
  • BOB BEDORE (VICE CHAIRMA)
  • BRYANT BROWN (CITY LIASON)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of midvale arts council, inc. Is to promote the arts in midvale by sponsoring quality entertainment and by providing opportunities for midvale citizens of all ages and backgrounds to enrich their lives by experiencing the positive benefits of the arts and local culture.

What it reported doing in 2024

We strive to make the arts and culture available to every citizen of midvale despite their socioeconomic status, we provide concerts and theater productions in midvale.

Operating model

Revenue model
Donor-supported. 79% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 92
  • Transparency & Controls: 82
  • Sustainability: 57
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.2%; rating input score 88
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 11.9%; rating input score 64; 64th percentile among comparable filings
  • Total-asset coverage ratio: 2.93; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 34; 34th percentile among comparable filings
  • Officer compensation ratio: 6.4%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: -4.7% per year; rating input score 0; 36th percentile among comparable filings
  • Revenue growth: -2.8% per year; rating input score 0; 41st percentile among comparable filings
  • Asset growth: 11% per year; rating input score 100; 74th percentile among comparable filings

Details

  • Where the money goes: 88.2% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $75K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 8 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 34/100.