Civic Intelligence

Deseret Arts Foundation

990EZ • Fiscal year 2017 • EIN 47-4872476

Jan 01, 2017 to Dec 31, 2017 • Filed on May 14, 2018

Organization ProfileN/A
PO Box 101Riverton, UT 84065

(801) 298-1000

Siviq Scores

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

Liabilities / Assets

78th percentile

0.11x

Higher debt load relative to assets than 78% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

100th percentile

73.68x

Higher debt load relative to revenue than 100% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

1st percentile

-8511%

Higher net margin than 1% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

41st percentile

-1.6%

Faster asset growth than 41% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

1st percentile

-99%

Faster revenue growth than 1% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets78th percentile

Assets

Down

$328,031

Down $5,371 (-1.6%) from 2016

Net Assets

Down

$293,401

Down $40,001 (-12%) from 2016

Liabilities

Up

$34,630

Up $34,630 from 2016

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

Down

$470

Down $74,530 (-99%) from 2016

Expenses

Down

$40,471

Down $1,608 (-3.8%) from 2016

Net Income

Down

-$40,001

Down $72,922 (-222%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

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

$600K$400K$200K$0Assets 2016: $333,402Liabilities 2016: $0Net Assets 2016: $333,4022016Assets 2017: $328,031Liabilities 2017: $34,630Net Assets 2017: $293,4012017Assets 2018: $287,663Liabilities 2018: $14,630Net Assets 2018: $273,0332018Assets 2019: $242,304Liabilities 2019: $10,485Net Assets 2019: $231,8192019Assets 2020: $196,869Liabilities 2020: $10,485Net Assets 2020: $186,3842020Assets 2021: $420,853Liabilities 2021: $10,485Net Assets 2021: $410,3682021Assets 2022: $201,120Liabilities 2022: $10,485Net Assets 2022: $190,6352022Assets 2023: $77,804Liabilities 2023: $10,485Net Assets 2023: $67,3192023Assets 2024: $37,012Liabilities 2024: $10,485Net Assets 2024: $26,5272024Assets 2025: $22,322Liabilities 2025: $10,485Net Assets 2025: $11,8372025

Highlighted filing

2017

Assets$328,031
Liabilities$34,630
Net Assets$293,401
Open 2017 Filing

Operations Trend

Revenue Growth1st percentile

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

$400K$200K$0-$200K-$400KRevenue 2016: $75,000Expenses 2016: $42,079Net Income 2016: $32,9212016Revenue 2017: $470Expenses 2017: $40,471Net Income 2017: -$40,0012017Revenue 2018: $0Expenses 2018: $20,370Net Income 2018: -$20,3702018Revenue 2019: $8,214Expenses 2019: $49,428Net Income 2019: -$41,2142019Revenue 2020: $2,000Expenses 2020: $47,435Net Income 2020: -$45,4352020Revenue 2021: $255,000Expenses 2021: $31,016Net Income 2021: $223,9842021Revenue 2022: $0Expenses 2022: $219,733Net Income 2022: -$219,7332022Revenue 2023: $50,000Expenses 2023: $173,316Net Income 2023: -$123,3162023Revenue 2024: $0Expenses 2024: $40,792Net Income 2024: -$40,7922024Revenue 2025: $0Expenses 2025: $14,692Net Income 2025: -$14,6922025

Highlighted filing

2017

Revenue$470
Expenses$40,471
Net Income-$40,001
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 14, 2018
Return Version
2017v2.3
Gross Receipts
$470
Mission and Program Overview

Mission

The organization provides funding for arts for public and non-profit organizations and funding in support of the church of jesus christ of latter-day saints

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION PROVIDES FUNDING FOR ARTS FOR PUBLIC AND NON-PROFIT ORGANIZATIONS AND FUNDING IN SUPPORT OF THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS-$29,600
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NATHAN HALEDirector-$0--
KATHLEEN HALEDirector-$0--
TANNER HALEDirector-$0--
Filing and Contact Details

Filer

Filer Name
Deseret Arts Foundation
EIN
47-4872476
Phone
8012981000
Address
PO BOX 101, RIVERTON, UT 84065

Signing Officer

Name
Nathan Hale
Title
Director
Phone
8012981000
Signed
2018-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Adams & Petersen Cpas LLC
Address
1689 E 1400 S STE 100, CLEARFIELD, UT 84015-2267
Preparer
Steve Adams CPA
Phone
8017765241
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses donation 29,600 bank fees 12 licenses & fees 850 total 30,462”

Form 990-ez, Part II, Line 24

“Notes receivable 331,497 326,497 total 331,497 326,497”

Form 990-ez, Part II, Line 26

“NOTE PAYABLE 0 34,630”

Form 990-ez, Part III

“The organization provides funding for arts for public and non-profit organizations and funding in support of the church of jesus christ of latter-day saints”

Raw XML Appendix135 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0NATHAN HALL
IRS990EZ/BooksInCareOfDetail/PhoneNum08012981000
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 101
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0RIVERTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0UT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd084065
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01905
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01534
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-40001
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt010009
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0333402
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0328031
IRS990EZ/GrossReceiptsAmt0470
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0470
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0333402
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0293401
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0333402
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0293401
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NATHAN HALE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KATHLEEN HALE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TANNER HALE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0331497
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0326497
IRS990EZ/OtherExpensesTotalAmt030462
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION PROVIDES FUNDING FOR ARTS FOR PUBLIC AND NON-PROFIT ORGANIZATIONS AND FUNDING IN SUPPORT OF THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION PROVIDES FUNDING FOR ARTS FOR PUBLIC AND NON-PROFIT ORGANIZATIONS AND FUNDING IN SUPPORT OF THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt029600
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt034630
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt040471
IRS990EZ/TotalProgramServiceExpensesAmt029600
IRS990EZ/TotalRevenueAmt0470
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt075000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0301500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0376500
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0470
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0470
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0376970
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0470
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt075000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0301500
IRS990ScheduleA/Total509Grp/TotalAmt0376970
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0470
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt075000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0301500
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0376970
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES DONATION 29,600 BANK FEES 12 LICENSES & FEES 850 TOTAL 30,462
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NOTES RECEIVABLE 331,497 326,497 TOTAL 331,497 326,497
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NOTE PAYABLE 0 34,630
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION PROVIDES FUNDING FOR ARTS FOR PUBLIC AND NON-PROFIT ORGANIZATIONS AND FUNDING IN SUPPORT OF THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NATHAN HALE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08012981000
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DESERET ARTS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0DESE
ReturnHeader/Filer/EIN0474872476
ReturnHeader/Filer/PhoneNum08012981000
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 101
ReturnHeader/Filer/USAddress/CityNm0RIVERTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0UT
ReturnHeader/Filer/USAddress/ZIPCd084065
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId002DFF6313834E2F94FFC3AB7438E60532C0B6EB9
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06882B02C5052F2054151ACF9A834B179D43F45F8
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0162.219.23.60
ReturnHeader/FilingSecurityInformation/IPDt02018-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm013:10:46
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0870686187
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ADAMS & PETERSEN CPAS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01689 E 1400 S STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CLEARFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0UT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0840152267
ReturnHeader/PreparerPersonGrp/PhoneNum08017765241
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVE ADAMS CPA
ReturnHeader/ReturnTs02018-05-15T12:10:46-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$328,031
Liabilities
$34,630
Net assets
$293,401
Revenue
$470
Expenses
$40,471
Net income
-$40,001
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.22$0.10$0.12$0.00$0.15$0.15
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.10$0.27$0.00$0.41$0.41
2023Detailed filing. Detailed filing data is available for this year.$0.78$0.10$0.67$0.50$1.73$1.23
2022Detailed filing. Detailed filing data is available for this year.$2.01$0.10$1.91$0.00$2.20$2.20
2021Detailed filing. Detailed filing data is available for this year.$4.21$0.10$4.10$2.55$0.31$2.24
2020Detailed filing. Detailed filing data is available for this year.$1.97$0.10$1.86$0.02$0.47$0.45
2019Detailed filing. Detailed filing data is available for this year.$2.42$0.10$2.32$0.08$0.49$0.41
2018Detailed filing. Detailed filing data is available for this year.$2.88$0.15$2.73$0.00$0.20$0.20
2017Detailed filing. Detailed filing data is available for this year.$3.28$0.35$2.93$0.00$0.40$0.40
2016Summary only. Only limited summary data is available for this year.$3.33$0.00$3.33$0.75$0.42$0.33