Zion Art Society Inc

Nonprofit profile at a glance

EIN
811207812
IRS 990-EZ coverage
2016–2024
Forms available
Form 990-EZ 2024, Form 990-N 2023
Location
Salt Lake City, UT, USA
Phone
8013698894
Rating
94
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Reported finances

Revenue
$180,005
Expenses
$205,137
Assets
$1,112

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

Leadership & pay

3 people listed

People named in this filing

  • MICAH CHRISTENSEN (Director)
  • ERIC BIGGART (Director)
  • BOAD SWANSON (Director)

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 zion art society was founded on teaching the principles of understanding and collecting original, contemporary art. The first principle is that many do not fully understand the role that fine art can play in their lives, in their homes, and in their worship. The primary mission of the zion art society is to help educate individuals and families on these important roles. The second principle is that having learned to appreciate fine art, many do not know where to find it. In response, the zions art society holds an art competition and exhibition both to showcase the best contemporary fine art being produced, and to create a singular event for exhibited artists to choose to sell those works to the general public. The exhibition includes several educational events including interviews, discussions, tours, and salons both in person adn online to help share this knowledge.

What it reported doing in 2024

The zion art society contributed funds to the bnai israel temple to help fund the purchase of a historic downtown salt lake city property. This property will be used to house the salt lake city art museum.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 100
  • Sustainability: 14
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 97.5%; rating input score 97

Transparency & Controls

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

Sustainability

  • Operating margin: -14%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 0.01; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 18.4% per year; rating input score 100; 74th percentile among comparable filings
  • Revenue growth: 16.8% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: -4.6% per year; rating input score 0; 17th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 97.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $200K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • 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 — Sustainability: Operating margin scored 12/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • High — Growth: Asset growth scored 0/100.