UTAH ARTS FESTIVAL FOUNDATION INC

EIN: 870365335 501(c)(3) Arts, Culture & Humanities

SALT LAKE CITY, UT

Total Revenue
$1,745,550
Total Expenses
$1,691,141
Total Assets
$606,867
Net Assets
$254,720
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
UT
Principal Officer
AIMEE DUNSMORE
Phone
8013222428
Tax Period
2023-10-01 to 2024-09-30

UTAH ARTS FESTIVAL FOUNDATION INC, founded in 1979, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.7M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.7M left a modest 3% surplus.

Mission

TO PRODUCE THE ANNUAL UTAH ARTS FESTIVAL, FOR THE PURPOSE OF PROMOTING THE ARTS AND ENHANCING THE QUALITY OF LIFE IN UTAH

Program Service Accomplishments

Program 1
Expenses: $1,600,890 Revenue: $828,920

UTAH ARTS FESTIVAL IS THE STATE'S LARGEST, OUTDOOR, MULTI-DISCIPLINARY ARTS EVENT IN THE STATE PRESENTING NATIONALLY RENOWNED PERFORMING, VISUAL, LITERARY AND FILM ARTS DURING A FOUR DAY EVENT EACH...

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UTAH ARTS FESTIVAL IS THE STATE'S LARGEST, OUTDOOR, MULTI-DISCIPLINARY ARTS EVENT IN THE STATE PRESENTING NATIONALLY RENOWNED PERFORMING, VISUAL, LITERARY AND FILM ARTS DURING A FOUR DAY EVENT EACH JUNE. THE ARTIST MARKETPLACE FEATURES 160 VISUAL ARTISTS FROM ACROSS THE COUNTRY, THE PERFORMING ARTS PROGRAM SHOWCASES OVER 100 MUSICIANS AND PERFORMERS ON FIVE STAGES; THE LITERARY ARTS PROGRAM FEATURES WORKSHOPS AND READINGS; THE ART YARD GIVES OVER 6,000 CHILDREN INTERACTIVE OPPORTUNITIES TO ENGAGE IN THE ARTS; FEAR NO FILM FEATURES OVER 50 INDEPENDENT SHORT FILMS FROM AROUND THE WORLD; THE URBAN ARTS PROGRAM GIVES TEENS AND YOUNG ADULTS ACCESS TO THE ARTS COMMUNITY. THE UTAH ARTS FESTIVAL COMMISSIONS NEW WORKS IN MUSIC (CLASSICAL AND JAZZ) AND DANCE ANNUALLY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $896,505
Program Service Revenue $837,601
Investment Income $-834
Other Revenue $12,278
TOTAL REVENUE $1,745,550

Expense Breakdown

Grants Paid $0
Salaries & Benefits $480,522
Fundraising Expenses $14,772
Program Expenses $1,600,890
Other Expenses $1,210,619
TOTAL EXPENSES $1,691,141

Year-over-Year Comparison

2023 2022 Change
Revenue $1,745,550 $1,607,849 +0.1%
Expenses $1,691,141 $1,657,136 +0.0%
Net Income $54,409 $-49,287 -2.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
115
Volunteers
N/A

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
5
$89,327
Total Directors
24
$89,327
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AARON GARRETT BOARD MEMBER 2.00
Officer Director
$0 $0 $0
AIMEE DUNSMORE EXECUTIVE DIREC 40.00
Officer Director
$89,327 $0 $89,327
BETSY SLAYTON EMERITUS 2.00
Director
$0 $0 $0
BOB SPRINGMEYER EMERITUS 2.00
Director
$0 $0 $0
BRUCE BELL EMERITUS 2.00
Director
$0 $0 $0
CELIA WILLETE EMERITUS 2.00
Director
$0 $0 $0
CUAUHTEMOC SANDOVAL BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID BATEMAN CHAIRMAN 2.00
Officer Director
$0 $0 $0
EDWARD B HAVAS EMERITUS 2.00
Director
$0 $0 $0
JENNIFER MESSER TREASURER 2.00
Officer Director
$0 $0 $0
JILL GREENWOOD BOARD MEMBER 2.00
Director
$0 $0 $0
JOSEPH SZURGYI VICE-CHAIR 2.00
Director
$0 $0 $0
KATHERINE FIFE BOARD MEMBER 2.00
Director
$0 $0 $0
KENNETH W AMENT EMERITUS 2.00
Director
$0 $0 $0
LEE GOLDBERG EMERITUS 2.00
Director
$0 $0 $0
LOREN MICALIZIO BOARD MEMBER 2.00
Director
$0 $0 $0
MARSHA FETZER BOARD MEMBER 2.00
Director
$0 $0 $0
RACHEL O'CROWLEY BOARD MEMBER 2.00
Director
$0 $0 $0
RICH KNICKERBOCKER BOARD MEMBER 2.00
Director
$0 $0 $0
RICHARD H NORDLUND EMERITUS 2.00
Director
$0 $0 $0
ROBERT BRADLEY EMERITUS 2.00
Director
$0 $0 $0
SHANE STROUD SECRETARY 2.00
Officer Director
$0 $0 $0
SUSAN KOLES RICKMAN EMERITUS 2.00
Director
$0 $0 $0
TAMARA R PLUTH EMERITUS 2.00
Director
$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
2024 $1,745,550 $1,691,141 $606,867 $54,409
2023 $1,607,849 $1,657,136 $291,525 $-49,287
2022 $1,497,242 $1,645,529 $348,898 $-148,287
2021 $1,502,205 $1,343,723 $507,980 $158,482
2020 $406,899 $502,476 $478,342 $-95,577
2019 $1,601,624 $1,542,710 $396,511 $58,914
2018 $1,662,175 $1,611,886 $341,548 $50,289
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