Ulta Beauty Charitable Foundation

EIN: 300943172 501(c)(3) Medical Research

BOLINGBROOK, IL

Total Revenue
$8,989,829
Total Expenses
$13,970,803
Total Assets
$3,009,775
Net Assets
$2,855,186
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
IL
Principal Officer
ANITA RYAN
Phone
6304105155
Tax Period
2024-02-01 to 2025-01-31

Ulta Beauty Charitable Foundation, founded in 2016, is a community nonprofit in the Medical Research sector that reported $9.0M in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $14.0M exceeded revenue, resulting in a 55% operating deficit.

Mission

The Foundation is an organization committed to making a positive impact by supporting the well-being of women and teens in under-resourced communities in the U.S. and beyond.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,510,324
Program Service Revenue $0
Investment Income $425,494
Other Revenue $54,011
TOTAL REVENUE $8,989,829

Expense Breakdown

Grants Paid $13,453,975
Salaries & Benefits $0
Fundraising Expenses $268,239
Program Expenses $13,484,306
Other Expenses $516,828
TOTAL EXPENSES $13,970,803

Year-over-Year Comparison

2024 2023 Change
Revenue $8,989,829 $12,900,500 -0.3%
Expenses $13,970,803 $14,824,327 -0.1%
Net Income $-4,980,974 $-1,923,827 +1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
66

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anita Ryan President 1.0
Officer Director
$0 $0 $0
Molly McCabe Director 1.0
Officer Director
$0 $0 $0
Cindy Edwards Director 1.0
Director
$0 $0 $0
Erik Lopez Director 1.0
Director
$0 $0 $0
Paula Oyibo Treasurer 1.0
Officer Director
$0 $0 $0
Dave Kimbell Chairperson 1.0
Officer Director
$0 $0 $0
Maria Makowiecki Assistant Secretary 1.0
Officer
$0 $0 $0
Christopher Lialios Vice President Controller 1.0
Officer
$0 $0 $0
Jodi Caro Secretary 1.0
Officer
$0 $0 $0
Jodi Snedigar Vice President Tax 1.0
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $8,989,829 $13,970,803 $3,009,775 $-4,980,974
2024 $12,900,500 $14,824,327 $10,377,371 $-1,923,827
2023 $11,165,013 $11,588,556 $10,255,237 $-423,543
2022 $17,881,824 $8,269,074 $10,193,540 $9,612,750
2021 $6,056,419 $6,579,720 $570,780 $-523,301
2020 $7,233,464 $7,041,958 $1,104,091 $191,506
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