Utah Heritage and Arts Foundation Inc

Nonprofit profile at a glance

EIN
853721660
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Salt Lake City, UT, USA
Phone
8012457202
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities N.E.C.

Reported finances

Revenue
$13,581,853
Expenses
$954,018
Assets
$27,539,980
Liabilities
$0

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

Leadership & pay

3 people listed

Executive titles in this filing

  • DONNA LAW (BOARD PRESIDENT)
  • KATHERINE POTTER (BOARD VICE PRESIDENT)

People named in this filing

  • DONNA LAW (BOARD PRESIDENT)
  • KATHERINE POTTER (BOARD VICE PRESIDENT)
  • TENIELLE HUMPHREYS (BOARD TREASURER)

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

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

Overview

Mission

To support the divisions within the Utah department of heritage & arts. To raise funding (both financial and in-kind donations) to support the Utah department of heritage & arts's initiatives as determined by the legislature.

What it reported doing in 2024

Thriving Utah is an americorps program designed to support local nonprofits in increasing their organizational capacity. In its founding program year, thriving Utah members will serve at least 27,600 hours with nonprofits and public agencies. Working closely with these organizations, members will create and execute a capacity building plan tailored to the organization's needs, services, and goals. Through the americorps members service term, they will work to develop and strengthen the abilities, processes, and resources that organizations and communities need to survive, adapt, and thrive in a fast-changing world.

Operating model

Revenue model
Donor-supported. 98% 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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work.

Rating breakdown

  • Financial Efficiency: 38
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 98
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 9.3%; rating input score 9
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 93%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 28.87; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 99; 99th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 96; 96th percentile among comparable filings

Growth

  • Program expense growth: 33.2% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: 32.3% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 44.8% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 9.3% of revenue deployed · 100% of spending went to programs
  • Governance: 3 of 3 board members independent · 7 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $954K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 10 of 10 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Financial Efficiency: Mission deployment rate scored 9/100.