Civic Intelligence

Utah Arts Academy

990 • Fiscal year 2022 • EIN 38-4177246

Jul 01, 2021 to Jun 30, 2022 • Filed on Mar 04, 2023

1091 N Bluff 801St George, UT 84770

(615) 484-5597

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

77th percentile

0.33x

Higher debt load relative to assets than 77% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

70th percentile

0.26x

Higher debt load relative to revenue than 70% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

75th percentile

24%

Higher net margin than 75% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

71st percentile

$105,000

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Assets

$3,007,573

No earlier filing loaded for comparison.

Net Assets

$2,007,953

No earlier filing loaded for comparison.

Liabilities

$999,620

No earlier filing loaded for comparison.

Revenue

$3,848,920

No earlier filing loaded for comparison.

Expenses

$2,908,572

No earlier filing loaded for comparison.

Net Income

$940,348

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2022: $3,007,573Liabilities 2022: $999,620Net Assets 2022: $2,007,9532022Assets 2023: $3,864,245Liabilities 2023: $1,203,855Net Assets 2023: $2,660,3902023Assets 2024: $3,546,252Liabilities 2024: $985,140Net Assets 2024: $2,561,1122024Assets 2025: $5,681,959Liabilities 2025: $3,837,940Net Assets 2025: $1,844,0192025

Highlighted filing

2022

Assets$3,007,573
Liabilities$999,620
Net Assets$2,007,953

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2022: $3,848,920Expenses 2022: $2,908,572Net Income 2022: $940,3482022Revenue 2023: $3,848,249Expenses 2023: $3,195,812Net Income 2023: $652,4372023Revenue 2024: $3,764,116Expenses 2024: $3,863,394Net Income 2024: -$99,2782024Revenue 2025: $4,121,536Expenses 2025: $4,173,060Net Income 2025: -$51,5242025

Highlighted filing

2022

Revenue$3,848,920
Expenses$2,908,572
Net Income$940,348
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Mar 4, 2023
Return Version
2021v4.2
Gross Receipts
$3,867,035
Mission and Program Overview

Mission

Utah arts academy is a premier academic and arts-focused school. By combining rigorous academic programming with pre-professional training in a wide array of arts (theatre, dance, music, visual and media arts), we inspire our students' creativity and thought, while providing an essential and dynamic educational foundation that appeals to any university.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$0$2,007,953▲ $2,007,953
Cash and Non-Interest-Bearing Accounts-$1,624,893-
Prepaid Expenses and Deferred Charges-$1,053,959-
Land, Buildings, and Equipment, Net$0$287,467▲ $287,467
Loans From Officers Directors-$115,000-
Accounts Receivable-$38,447-
Inventories for Sale or Use-$2,807-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$3,007,573▲ $3,007,573
Liabilities
Mortgage Notes Payable Secured by Investment Property-$674,678-
Other Liabilities$0$209,561▲ $209,561
Accounts Payable and Accrued Expenses-$381-
Total Liabilities$0$999,620▲ $999,620
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$2,007,953▲ $2,007,953
Total Liabilities and Net Assets / Fund Balance$0$3,007,573▲ $3,007,573

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$287,467$154,728$442,195
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Drew WilliamsExecutive DirectorFT$105,000$105,000
Kent BrownSenior Director-operations (CFO)FT$98,406$98,406
Kyle LewisArtistic DirectorFT$85,742$85,742
Chris AndrusDirector of Student Support ServicesFT$70,000$70,000
Nathan KeithDean of StudentsFT$58,200$58,200
Sarah McnaughtonDirector of Counseling & HrFT$54,714$54,714

Board Members and Trustees

NameTitle
Victoria WilsonBoard Chair
Aubrey JohnsonVice Chair
Bryan WatabeBoard Member
Greg GrajekBoard Member
Jennifer FoucheBoard Member
Josh LittleBoard Member
Rick ShofieldBoard Member
Sadie BestBoard Secretary
Nelson HafenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,429,507
Program Service Revenue
$371,443
Investment Income
$-8,115
Other Revenue
$56,085
All Other Contributions
$95,875
Change in Net Assets
$940,348

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$36,550Est Acquisition Value
Total Noncash Contributions$36,550-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,848,920
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,848,920
Total Revenue per Form 990
$3,848,920
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,731,320
Other Expenses$1,177,252
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,418,537--$1,418,537
Insurance$348,097--$348,097
Other Employee Benefits$284,845--$284,845
Fees for Services Other$126,908--$126,908
Occupancy$123,423--$123,423
Information Technology$93,316--$93,316
Advertising$53,692--$53,692
Depreciation Depletion$37,685--$37,685
Payroll Taxes$27,938--$27,938
Other Expenses$21,301--$21,301
Fees for Services Legal$13,124--$13,124
All Other Expenses$12,210--$12,210
Travel$11,475--$11,475
Interest$150--$150
Total Functional Expenses$2,908,572$0$0$2,908,572

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,908,572
Total Expenses per Audited Statements$2,908,572
Total Expenses per Form 990$2,908,572
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$62,510
Fundraising Direct Expenses$10,000
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Victoria WilsonBoard MemberLoan to CompanyNo$115,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$115,000-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$170,800
Deferred Revenue$36,400
Credit Cards Payable$1,861
Accrued Liabilities$500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

NO COMMITTEES

Form 990, Part VI, Section B, Line 11B

Information verified by officers

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Utah Arts Academy
EIN
38-4177246
Phone
6154845597
Address
1091 N BLUFF 801, ST GEORGE, UT 84770

Signing Officer

Name
Drew Williams
Title
Executive Director
Phone
6154845597
Signed
2023-03-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Drew Williams
Formed
2021
Legal Domicile
Ut
Voting Board Members
9
Independent Board Members
9
Employees
37
Volunteers
0

Preparer

Firm
Adams Hafen & Co
Address
1086 SOUTH MAIN PLAZA SUITE 201, ST GEORGE, UT 84770
Preparer
Rickie K Adams
Phone
4356736156
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Initial contribution 1,067,605.

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IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt052510
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt052510
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt03575
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt03575
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0123423
IRS990/OccupancyGrp/TotalAmt0123423
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt01067605
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0284845
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0284845
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1SMALL EQUIPMENT
IRS990/OtherExpensesGrp/Desc2DUES AND FEES
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/ProgramServicesAmt0214823
IRS990/OtherExpensesGrp/ProgramServicesAmt166242
IRS990/OtherExpensesGrp/ProgramServicesAmt254806
IRS990/OtherExpensesGrp/ProgramServicesAmt321301
IRS990/OtherExpensesGrp/TotalAmt0214823
IRS990/OtherExpensesGrp/TotalAmt166242
IRS990/OtherExpensesGrp/TotalAmt254806
IRS990/OtherExpensesGrp/TotalAmt321301
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0209561
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01418537
IRS990/OtherSalariesAndWagesGrp/TotalAmt01418537
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt027938
IRS990/PayrollTaxesGrp/TotalAmt027938
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01053959
IRS990/PrincipalOfficerNm0DREW WILLIAMS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/BusinessCd2901101
IRS990/ProgramServiceRevenueGrp/BusinessCd3611110
IRS990/ProgramServiceRevenueGrp/Desc0MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/Desc1STUDENT ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc2EARNINGS ON INVESTMENT
IRS990/ProgramServiceRevenueGrp/Desc3TRANSPORTATION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0284082
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt176560
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt27491
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt33310
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0284082
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt176560
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt27491
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt33310
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYExcessBenefitTransInd00
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0940348
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt03575
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0366903
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02007953
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03492017
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03492017
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt011066
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt011066
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0103009
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99680
IRS990ScheduleA/PublicSupportTotal170Amt03492017
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03492017
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03492017
IRS990ScheduleA/TotalSupportAmt03503083
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02908572
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0287467
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0154728
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0442195
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01861
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2170800
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt336400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARDS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DEFERRED REVENUE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03848920
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0287467
IRS990ScheduleD/TotalExpensesPerForm990Amt02908572
IRS990ScheduleD/TotalLiabilityAmt0209561
IRS990ScheduleD/TotalRevenuePerForm990Amt03848920
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03848920
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02908572
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0IT IS THE POLICY OF UAA AND ITS BOARD OF DIRECTORS TO NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, AGE, SEX, DISABILITY, OR ANY OTHER NON-MERIT FACTOR IN ITS EDUCATIONAL PROGRAMS, ACTIVITIES, OR EMPLOYMENT PRACTICES AS REQUIRED BY SECTION 504 OF THE REHABILITATION ACT OF 1973, TITLE VII OF THE CIVIL RIGHTS ACT OF 1964, TITLE IX OF THE EDUCATIONAL AMENDMENTS OF 1972, AGE DISCRIMINATION IN EMPLOYMENT ACT OF 1974, AND THE AMERICANS WITH DISABILITIES ACT OF 1990. EQUAL OPPORTUNITY IS A PRIORITY OF THE BOARD OF DIRECTORS. THE SCHOOL IS ALSO COMMITTED TO PROVIDE CO-EDUCATIONAL COURSE PROGRAMS, INCLUDING PHYSICAL EDUCATION AND OTHER ATHLETIC OPPORTUNITIES, FOR BOTH SEXES AS REQUIRED BY TITLE IX OF THE EDUCATIONAL AMENDMENT OF 1972.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1UTAH ARTS ACADEMY IS A PUBLIC ENTITY AND RECEIVES FUNDING FROM THE STATE AND FEDERAL GOVERNMENT. THE RIGHT TO THIS AID HAS NEVER BEEN REVOKED.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0VICTORIA WILSON
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0115000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0LOAN TO COMPANY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0115000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0TENANT IMPROVEMENTS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0115000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0VICTORIA WILSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0BOARD MEMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt0115000
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/MethodOfDeterminingRevenuesTxt0EST ACQUISITION VALUE
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NoncashContributionsRptF990Amt036550
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO COMMITTEES

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