Salt Lake City, UT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)UTAH SYMPHONY & OPERA, founded in 1975, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $26.2M in total revenue in fiscal year 2023. Net assets of $58.4M represent 27 months of operating reserves.
Mission - Connect the community through great live music. Vision - Perform, engage, inspire. The artistic leadership of the organization is committed to representing a broad range of musical styles, including traditional works, contemporary pieces, and new commissions to add to the canon of classical music. Community investment in Utah Symphony | Utah Opera strengthens our economy and enhances our quality of life. Utahns have long recognized that a person's quality of life rests, in part, on the community's commitment to the arts to inspire the human spirit and motivate the betterment of mankind. Over the years, Utah has experienced growth and prominence and continues to become established as a hub for business innovation and scientific research in the United States. Utah Symphony | Utah Opera stands as an influential cultural leader that is often cited by companies as an attraction for a successful and talented workforce to the region.
Code 711130 SYMPHONIC CONCERTS - Utah Symphony was founded during the Great Depression as a Works Progress Administration orchestra under Roosevelt's New Deal. Today, the Utah Symphony is the...
Code 711130 SYMPHONIC CONCERTS - Utah Symphony was founded during the Great Depression as a Works Progress Administration orchestra under Roosevelt's New Deal. Today, the Utah Symphony is the premiere orchestra in the Intermountain West and one of only seventeen year-round orchestras in the nation. This ranking compares favorably to Utah's rank of 30th among states in population size. Over the past year, Utah Symphony presented 80 in-person concerts at Abravanel Hall and numerous concerts in communities throughout Utah, reaching approximately 115,000 audience members during the season. A variety of programs are offered featuring some of the industry's most illustrious artists in performance with the Utah Symphony in programs ranging from Classical Symphonies, to Jazz, to Pops. Please see utahsymphony.org for more information. The Utah Symphony | Utah Opera's Education Program benefits Utah's children and is one of the largest in the country, reached approximately 55,800 students and 2,400 teachers during the fiscal year. Through our education program offerings, each school district in Utah is visited every three to five years. The reach of this programming is far greater than performing arts organizations in other metropolitan areas. In addition to visits to schools, the programs provide opportunities for students to attend performances, rehearsals, master classes, and other great learning events. The community at large is engaged regularly through various Outreach Programs. We present an annual performance for children with special needs and their families reaching over 430 individuals each year, an annual performance for the blind and visually impaired reaching up to 80 members of that community. Other services coordinated by our Education and Outreach Department include a variety of free lectures, internships, on-line learning courses and teacher re-licensure programs. Utah Symphony | Utah Opera is engaged in valuable cooperative relationships with many other non-profit organizations that serve a variety of purposes, including The Road Home, Utah School Boards, Ballet West, and Madeleine Cathedral Choir School. It is also notable that, through a close relationship with the communities it serves, Utah Symphony | Utah Opera is able to reinvest into Utah's economy. The organization employs over 400 individuals each year. *An estimated 93% of Utah Symphony | Utah Opera expenses are fed directly back into the local economy. *Economic development professionals concur that a vibrant symphony and opera are important criteria in attracting new businesses and skilled professionals to Utah. *Source: Salt Lake County Cultural Facilities Master Plan, AMS Consultants, December 2008.
Code 711110 OPERA PERFORMANCES - Utah Opera performs in Salt Lake City's Capitol Theatre, reaching an audience of over 21,000. Utah Opera offered 24 performances of four mainstage productions this...
Code 711110 OPERA PERFORMANCES - Utah Opera performs in Salt Lake City's Capitol Theatre, reaching an audience of over 21,000. Utah Opera offered 24 performances of four mainstage productions this year. Utah Opera has a nationally-renowned costume shop, and features some of the top singers, directors, conductors, and designers from around the country. A Resident Artists program provides aspiring young singers an opportunity to refine their craft while performing secondary roles and singing in education and community outreach programs. Please see utahopera.org for more information. A prime example of the services we are able to render to the arts community is the value housed in the Utah Opera Production Studios. One of a kind facility, the Utah Opera Production Studios houses a team of artisans, designers, and skilled craftsmen who bring the art form of opera to life for Utah Opera and performing arts organizations around the world through its sets and costumes construction and rentals programs. The Utah Opera Production Studios bring the integration of all production activities of the Utah Symphony | Utah Opera to one resourceful location (Costume Shop & Rentals, Prop Studio, Scenic Shop & Scenic Studio, Set Storage, Assembly Bay, Rehearsal Hall) and allows the organization to utilize a business model which combines all aspects of both symphonic and operatic art forms. Production needs for performances at Abravanel Hall, the Capitol Theatre, and even the Deer Valley Music Festival can be designed and built with the resources found in this building. This has resulted in valuable cost savings and artistic synergy for the organization and the community.
Code 711130 DEER VALLEY MUSIC FESTIVAL - Currently in its twentieth season, the Deer Valley Music Festival is the summer home of the Utah Symphony | Utah Opera, reaching an audience of nearly 23,000...
Code 711130 DEER VALLEY MUSIC FESTIVAL - Currently in its twentieth season, the Deer Valley Music Festival is the summer home of the Utah Symphony | Utah Opera, reaching an audience of nearly 23,000 during the summer season. The festival provides chamber music, classical, family, and pops offerings in many venues: Deer Valley Snow Park Outdoor Amphitheater, St. Mary's Church, and salons in private Park City homes. Please see deervalleymusicfestival.org for more information.
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 | $26,184,966 | $25,099,983 | +0.0% |
| Expenses | $27,556,044 | $26,912,520 | +0.0% |
| Net Income | $-1,371,078 | $-1,812,537 | -0.2% |
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 |
|---|---|---|---|---|---|---|
| Steven Brosvik | President & CEO | 60 |
Officer
Director
|
$360,149 | $41,474 | $401,623 |
| Madeline Adkins | Concertmaster | 40 |
Key Emp
|
$253,354 | $32,355 | $285,709 |
| Steve Hogan | VP of Finance & CFO | 40 |
Officer
|
$153,903 | $28,844 | $182,747 |
| David Green | Senior VP & COO | 40 |
Officer
|
$154,532 | $27,948 | $182,480 |
| Kathryn Eberle | Musician | 40 |
Highest
|
$140,582 | $16,363 | $156,945 |
| Hannah Thomas-Holland | Musician & Orchestra Personnel Manager | 40 |
Highest
|
$140,673 | $12,648 | $153,321 |
| Jessica Elder | Musician | 40 |
Highest
|
$126,771 | $23,002 | $149,773 |
| Zachary Hammond | Musician | 40 |
Highest
|
$126,033 | $17,850 | $143,883 |
| Mercedes Smith | Musician | 40 |
Highest
|
$126,280 | $10,992 | $137,272 |
| Claudia Restrepo | Ex-officio, Musician | 40 |
Director
|
$80,392 | $12,466 | $92,858 |
| Barbara Scowcroft | Ex-officio, Musician | 40 |
Director
|
$61,100 | $17,671 | $78,771 |
| Thomas M Love | Immediate Past Chair | 2 |
Director
|
$0 | $0 | $0 |
| Brian Greeff | Board Chair | 4 |
Director
|
$0 | $0 | $0 |
| Annette W Jarvis | Vice Chair & Secretary, Governance Comm Chair | 2 |
Director
|
$0 | $0 | $0 |
| Stewart Barlow | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Joanne F Shiebler | Vice Chair | 2 |
Director
|
$0 | $0 | $0 |
| John D'Arcy | Trustee, Audit Committee Chair | 2 |
Director
|
$0 | $0 | $0 |
| Judith M Billings | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Larry Brownstein | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Paul Burdiss | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| George Cardon Bystry | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Gary L Crocker | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| David Dee | Trustee | 0.5 |
Director
|
$0 | $0 | $0 |
| Barry Eden | Trustee, Finance Committee Chair | 2 |
Director
|
$0 | $0 | $0 |
| Jason Englund | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Luz Escamilla | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Theresa Foxley | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Brandon Fugal | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Julie Aiken Hansen | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Dan Hemmert | Trustee, Government Relations Committee Chair | 2 |
Director
|
$0 | $0 | $0 |
| Dennis Hranitzky | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Stephen Tanner Irish | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Thomas N Jacobson | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Abigail E Magrane | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Judy Moreton | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Dinesh Patel | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Frank R Pignanelli | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Gary B Porter | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Shari H Quinney | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Miguel R Rovira | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Stan Sorensen | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Clint Stone | Trustee | 0.25 |
Director
|
$0 | $0 | $0 |
| Shane Stowell | Trustee | 3 |
Director
|
$0 | $0 | $0 |
| Thomas Thatcher | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| James W Tozer | Trustee | 1.5 |
Director
|
$0 | $0 | $0 |
| David Utrilla | Trustee | 1.5 |
Director
|
$0 | $0 | $0 |
| Jean Vaniman | Ex-officio Representative | 1 |
Director
|
$0 | $0 | $0 |
| Kelly Ward | Trustee | 0.5 |
Director
|
$0 | $0 | $0 |
| Sharlene Wells | Trustee | 0.25 |
Director
|
$0 | $0 | $0 |
| Don Willie | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Kim R Wilson | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Thomas Wright | Trustee, Nominating Committee Chair | 2 |
Director
|
$0 | $0 | $0 |
| Henry C Wurts | Trustee, Investment Committee Chair | 1 |
Director
|
$0 | $0 | $0 |
| Austin Bankhead | Trustee | 0 |
Director
|
$0 | $0 | $0 |
| William Bailey | Lifetime Trustee | 0 |
Director
|
$0 | $0 | $0 |
| Kem C Gardner | Lifetime Trustee | 2 |
Director
|
$0 | $0 | $0 |
| Jon M Huntsman Jr | Lifetime Trustee | 0 |
Director
|
$0 | $0 | $0 |
| G Frank Joklik | Lifetime Trustee | 1 |
Director
|
$0 | $0 | $0 |
| David T Mortensen | Lifetime Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Scott S Parker | Lifetime Trustee | 0 |
Director
|
$0 | $0 | $0 |
| David A Petersen | Lifetime Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Patricia A Richards | Lifetime Trustee, Music Director Search Committee Chair | 3 |
Director
|
$0 | $0 | $0 |
| Harris Simmons | Lifetime Trustee | 0 |
Director
|
$0 | $0 | $0 |
| David B Winder | Lifetime Trustee | 0.0 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $26,184,966 | $27,556,044 | $63,004,119 | $-1,371,078 |
| 2023 | $25,099,983 | $26,912,520 | $59,399,593 | $-1,812,537 |
| 2022 | $24,774,076 | $24,306,191 | $59,593,434 | $467,885 |
| 2021 | $24,613,086 | $17,639,245 | $65,182,568 | $6,973,841 |
| 2020 | $18,844,281 | $18,153,763 | $49,887,309 | $690,518 |
| 2019 | $27,489,587 | $23,321,569 | $47,405,494 | $4,168,018 |
| 2018 | $22,040,436 | $23,328,532 | $45,797,546 | $-1,288,096 |
Compare UTAH SYMPHONY & OPERA with other nonprofits in Utah and across the country.