SALT LAKE CITY, UT
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Sign In — Free (10 views/day)SALT LAKE MUSIC SCHOOL FOUNDATION, founded in 2009, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.4M in total revenue in fiscal year 2023. Expenses of $1.3M left a modest 10% surplus.
GIFTED MUSIC SCHOOL NURTURES THE ARTISTRY, CHARACTER, AND SKILLS VITAL TO A HEALTHY COMMUNITY THROUGH EXCEPTIONAL COMPREHENSIVE MUSIC EDUCATION.
CONSERVATORY: OUR FLAGSHIP PROGRAM, THE CONSERVATORY SERVED 40 STUDENTS LAST YEAR AND IS NOW COMPETITIVE WITH THE TOP THREE PRE-COLLEGIATE CLASSICAL MUSIC PROGRAMS IN THE NATION, PRODUCING AS MANY...
CONSERVATORY: OUR FLAGSHIP PROGRAM, THE CONSERVATORY SERVED 40 STUDENTS LAST YEAR AND IS NOW COMPETITIVE WITH THE TOP THREE PRE-COLLEGIATE CLASSICAL MUSIC PROGRAMS IN THE NATION, PRODUCING AS MANY ACCEPTANCES TO THE BEST POST-SECONDARY CONSERVATORIES PER CAPITA AS OTHER LEADING PROGRAMS. THOSE WHO MEET ITS RIGOROUS ACCEPTANCE STANDARDS STUDY ON FULL SCHOLARSHIPS. WE ALSO LAUNCHED THE YOUNG COMMUNITY ARTISTS PROGRAM IN COLLABORATION WITH UTAH SYMPHONY UTAH OPERA, EXPANDING CONSERVATORY CLASS OFFERINGS TO ALL STUDENTS. THIS INTENSIVE PROGRAM INCLUDES ORCHESTRAL AND CHAMBER MUSIC TRAINING, THEORY AND MUSICIANSHIP CLASSES, AND COMMUNITY OUTREACH.
PREPARATORY: THE PREPARATORY PROGRAM SERVED 200 STUDENTS LAST YEAR AND OFFERS THE SAME WORLD-CLASS TRAINING FOUND IN THE CONSERVATORY TO STUDENTS OF ALL LEVELS. IT HAS BECOME A HIGHLY SOUGHT-AFTER...
PREPARATORY: THE PREPARATORY PROGRAM SERVED 200 STUDENTS LAST YEAR AND OFFERS THE SAME WORLD-CLASS TRAINING FOUND IN THE CONSERVATORY TO STUDENTS OF ALL LEVELS. IT HAS BECOME A HIGHLY SOUGHT-AFTER COMMUNITY RESOURCE FOR TUITION-BASED MUSIC TRAINING, WITH DEMAND EXCEEDING AVAILABLE SPACE. OFFERINGS INCLUDE EARLY CHILDHOOD MUSIC EDUCATION, THEORY AND MUSICIANSHIP CLASSES, ENSEMBLE TRAINING, AND PRIVATE LESSONS IN PIANO, VIOLIN, VIOLA, CELLO, BASS, VOICE, FLUTE, TRUMPET, CLARINET, BASSOON, OBOE, GUITAR, AND UKULELE. NEEDS-BASED SCHOLARSHIPS ARE AVAILABLE.
GRIT: PROJECT GRIT SERVED 445 STUDENTS LAST YEAR AND BRINGS WORLD-CLASS MUSIC EDUCATION TO THE MOST AT-RISK CHILDREN, TUITION-FREE. WORKING WITH THE SALT LAKE COUNTY BOARD OF EDUCATION AND SALT LAKE...
GRIT: PROJECT GRIT SERVED 445 STUDENTS LAST YEAR AND BRINGS WORLD-CLASS MUSIC EDUCATION TO THE MOST AT-RISK CHILDREN, TUITION-FREE. WORKING WITH THE SALT LAKE COUNTY BOARD OF EDUCATION AND SALT LAKE SCHOOL DISTRICT, WE IDENTIFIED MOUNTAIN VIEW ELEMENTARY AS AN IDEAL STARTING LOCATION AND HAVE SINCE EXPANDED TO GUADALUPE SCHOOL AND CITY ACADEMY. THESE PUBLIC TITLE I SCHOOLS SERVE SOME OF THE MOST DIVERSE, ECONOMICALLY IMPACTED STUDENT POPULATIONS IN THE STATE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,447,252 | $1,410,093 | +0.0% |
| Expenses | $1,306,080 | $1,697,413 | -0.2% |
| Net Income | $141,172 | $-287,320 | -1.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| EUGENE WATANABE | EXECUTIVE D | 70.00 |
Officer
|
$88,478 | $13,416 | $101,894 |
| JUSTIN MORGAN | EXECUTIVE DI | 40.00 |
Officer
|
$57,200 | $0 | $57,200 |
| DIANA PETERSON | CHAIR | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| RICHARD TAYLOR | VICE CHAIR | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| SAM ANDERSON | TREASURER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| ART DUMMER | PAST CHAIR | 20.00 |
Director
|
$0 | $0 | $0 |
| DEBORAH MOENCH | BOARD MEMBER | 30.00 |
Director
|
$0 | $0 | $0 |
| KAREN PETERSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BARRY BICKMORE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RACHAEL IVORY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GREG TRIMBLE | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| JOSH WHISENANT | BOARD MEMBER | 7.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $1,447,252 | $1,306,080 | $1,628,475 | $141,172 |
| 2024 | $339,397 | $295,983 | $1,686,597 | $43,414 |
| 2023 | $1,410,093 | $1,697,413 | $1,610,994 | $-287,320 |
| 2022 | $1,620,833 | $1,147,735 | $1,998,062 | $473,098 |
| 2021 | $958,058 | $1,137,763 | $1,968,957 | $-179,705 |
Compare SALT LAKE MUSIC SCHOOL FOUNDATION with other nonprofits in Utah and across the country.