Civic Intelligence

Utah Athletic Foundation

990 • Fiscal year 2016 • EIN 84-1367913

May 01, 2015 to Apr 30, 2016 • Filed on Mar 14, 2017

Organization ProfileWWW.UTAHOLYMPICLEGACY.COM

View Organization Page

PO Box 980337Park City, UT 84098

(435) 658-4200

Siviq Scores

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

Liabilities / Assets

9th percentile

0.02x

Higher debt load relative to assets than 9% of similar nonprofits.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2016

Liabilities / Revenue

17th percentile

0.14x

Higher debt load relative to revenue than 17% of similar nonprofits.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2016

Net Margin

6th percentile

-41%

Higher net margin than 6% of similar nonprofits.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

13th percentile

-5.8%

Faster asset growth than 13% of similar nonprofits.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Revenue Growth

27th percentile

-4.4%

Faster revenue growth than 27% of similar nonprofits.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets9th percentile

Assets

Down

$104,103,353

Down $6,435,365 (-5.8%) from 2015

Net Assets

Down

$102,522,398

Down $5,450,812 (-5.0%) from 2015

Liabilities

Down

$1,580,955

Down $984,553 (-38%) from 2015

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin6th percentile

Revenue

Down

$11,080,238

Down $510,075 (-4.4%) from 2015

Expenses

Up

$15,572,253

Up $968,908 (+6.6%) from 2015

Net Income

Down

-$4,492,015

Down $1,478,983 (-49%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

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

$200M$150M$100M$50M$0Assets 2011: $116,459,753Liabilities 2011: $764,119Net Assets 2011: $115,695,6342011Assets 2012: $108,846,821Liabilities 2012: $1,102,116Net Assets 2012: $107,744,7052012Assets 2013: $108,723,272Liabilities 2013: $1,276,151Net Assets 2013: $107,447,1212013Assets 2014: $108,425,713Liabilities 2014: $1,259,159Net Assets 2014: $107,166,5542014Assets 2015: $110,538,718Liabilities 2015: $2,565,508Net Assets 2015: $107,973,2102015Assets 2016: $104,103,353Liabilities 2016: $1,580,955Net Assets 2016: $102,522,3982016Assets 2017: $106,119,379Liabilities 2017: $1,632,896Net Assets 2017: $104,486,4832017Assets 2018: $110,771,685Liabilities 2018: $3,215,737Net Assets 2018: $107,555,9482018Assets 2019: $128,081,712Liabilities 2019: $20,282,509Net Assets 2019: $107,799,2032019Assets 2020: $123,494,954Liabilities 2020: $21,774,280Net Assets 2020: $101,720,6742020Assets 2021: $131,027,718Liabilities 2021: $22,679,916Net Assets 2021: $108,347,8022021Assets 2022: $132,812,744Liabilities 2022: $20,975,850Net Assets 2022: $111,836,8942022Assets 2023: $153,243,563Liabilities 2023: $25,577,323Net Assets 2023: $127,666,2402023Assets 2024: $154,133,501Liabilities 2024: $9,274,332Net Assets 2024: $144,859,1692024Assets 2025: $152,780,438Liabilities 2025: $9,607,076Net Assets 2025: $143,173,3622025

Highlighted filing

2016

Assets$104,103,353
Liabilities$1,580,955
Net Assets$102,522,398
Open 2016 Filing

Operations Trend

Revenue Growth27th percentile

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

$60M$40M$20M$0-$20MExpenses 2011: $13,144,8842011Expenses 2012: $13,792,8892012Expenses 2013: $13,922,1022013Revenue 2014: $8,687,872Expenses 2014: $15,373,732Net Income 2014: -$6,685,8602014Revenue 2015: $11,590,313Expenses 2015: $14,603,345Net Income 2015: -$3,013,0322015Revenue 2016: $11,080,238Expenses 2016: $15,572,253Net Income 2016: -$4,492,0152016Revenue 2017: $14,525,205Expenses 2017: $18,889,935Net Income 2017: -$4,364,7302017Revenue 2018: $20,735,132Expenses 2018: $22,706,457Net Income 2018: -$1,971,3252018Revenue 2019: $21,249,551Expenses 2019: $24,692,907Net Income 2019: -$3,443,3562019Revenue 2020: $17,876,270Expenses 2020: $25,578,806Net Income 2020: -$7,702,5362020Revenue 2021: $18,025,833Expenses 2021: $24,297,252Net Income 2021: -$6,271,4192021Revenue 2022: $41,739,764Expenses 2022: $30,589,383Net Income 2022: $11,150,3812022Revenue 2023: $52,468,703Expenses 2023: $33,167,193Net Income 2023: $19,301,5102023Revenue 2024: $54,191,388Expenses 2024: $37,318,671Net Income 2024: $16,872,7172024Revenue 2025: $34,448,824Expenses 2025: $38,207,924Net Income 2025: -$3,759,1002025

Highlighted filing

2016

Revenue$11,080,238
Expenses$15,572,253
Net Income-$4,492,015
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2015 to Apr 30, 2016
Signed
Mar 14, 2017
Return Version
2015v3.0
Gross Receipts
$11,080,238
Mission and Program Overview

Mission

Foster development of winter sports in utah and manage and maintain the utah olympic park and oval

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$65,156,856$59,014,026▼ $6,142,830
Land, Buildings, and Equipment, Net$40,854,061$41,110,000▲ $255,939
Prepaid Expenses and Deferred Charges$1,611,609$1,461,580▼ $150,029
Savings and Temporary Cash Investments$1,198,676$780,496▼ $418,180
Pledges and Grants Receivable$679,928$564,535▼ $115,393
Cash and Non-Interest-Bearing Accounts$38,565$373,224▲ $334,659
Accounts Receivable$779,246$231,367▼ $547,879
Inventories for Sale or Use$219,777$148,325▼ $71,452
Total Assets$110,538,718$104,103,353▼ $6,435,365
Other Assets Total-$419,800-
Liabilities
Accounts Payable and Accrued Expenses$2,372,930$1,262,493▼ $1,110,437
Deferred Revenue$192,578$318,462▲ $125,884
Total Liabilities$2,565,508$1,580,955▼ $984,553
Net Assets / Fund Balance
Unrestricted Net Assets$107,973,210$102,522,398▼ $5,450,812
Total Net Assets Fund Balance$107,973,210$102,522,398▼ $5,450,812
Total Liabilities and Net Assets / Fund Balance$110,538,718$104,103,353▼ $6,435,365

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$30,529,232$39,883,212$70,412,444
Equipment$4,816,951$6,292,837$11,109,788
Other Land Buildings$2,062,953$2,695,029$4,757,982
Land$2,920,132-$2,920,132
Leasehold Improvements$780,732$1,019,943$1,800,675
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Colin HiltonPresident & CEOFT$202,787$14,755$217,542
Marc NormanVice PresidentFT$121,056$11,010$132,066
Karla KnoxVice PresidentFT$84,896$12,646$97,542

Board Members and Trustees

NameTitle
Luke BodensteinerBoard Chair
Bob WheatonBoard Member
Brett HopkinsBoard Member
Catherine Raney-normanBoard Member
Dave WinderBoard Member
Eric HutchingsBoard Member
Grant ThomasBoard Member
John LarsonBoard Member
Natalie GochnourBoard Member
Spencer F EcclesBoard Member
Vicki VarelaBoard Member
Mike CooperAdvisor
Revenue and Support

Revenue Composition

Contributions and Grants
$2,726,443
Program Service Revenue
$7,943,380
Investment Income
$410,415
Other Revenue
$0
All Other Contributions
$2,655,193
Change in Net Assets
$-4,492,015

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$210,400Fair Market Value (FMV)
Total Noncash Contributions1$210,400-

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,927,999
Revenue Not Reported on Financial Statements
$152,239
Revenue Not Reported on Form 990
$-755,555
Other Revenue Adjustments
$18,500
Total Revenue per Audited Statements
$10,172,444
Total Revenue per Form 990
$11,080,238
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,924,614
Salaries, Compensation, and Employee Benefits$6,647,639
Total Fundraising Expense$103,420
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,332,634$773,978$93,877$6,200,489
Depreciation Depletion$3,581,492$23,349-$3,604,841
Occupancy$1,766,415--$1,766,415
Insurance$554,433--$554,433
Current Officers, Directors, Trustees, and Key Employees$447,150--$447,150
All Other Expenses$397,305$30,473$9,543$437,321
Advertising$346,073--$346,073
Other Expenses$288,800$0$0$288,800
Information Technology$10,905$150,496-$161,401
Fees for Services Legal$5,000$142,984-$147,984
Travel$21,333$40,167-$61,500
Office Expenses$39,043$2,295-$41,338
Total Functional Expenses$14,305,091$1,163,742$103,420$15,572,253

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$15,623,254
Total Expenses per Form 990$15,572,253
Expenses per Audited Statements$15,553,753
Expenses Not Reported on Form 990$69,501
Expenses Not Reported on Financial Statements$18,500
Other Expense Adjustments$18,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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 2

“Marc norman (officer) is married to catherine raney-norman (director).”

Form 990, Part VI, Section B, Line 11

“Form 990 is provided to the organization's audit committee and the board for detailed review and discussion prior to filing.”

Form 990, Part VI, Section B, Line 12C

“The conflict of interest policy form is reviewed and signed annually.”

Form 990, Part VI, Section B, Line 15

“Ceo compensation - merit-based increases to ceo compensation and bonus compensation are determined by a uaf board compensation committee that meets annually at the end of the uaf fiscal year and before the july board meeting. The uaf compensation committee utilizes nationwide comparison benchmark data for setting the base salary level. They also complete a review of performance goals for additional performance-based bonus compensation. The chair of the uaf board compensation committee then provides a written confirmation of the annual determination to the vp of finance and human resources manager for documentation and auditing purposes. Officers and key employees compensation - the compensation structure for the uaf is based on job descriptions that are set by the employee and supervisor with final approval by the ceo and human resources. Each job is then classified into a pay range, with each range having a minimum and maximum pay level. Ranges are developed by a blend of national independent survey data, economic business conditions, and compensation philosophy. Final determination of a pay grade may also take into account pay for similar jobs in closely-related organizations and internal economic conditions. All full-time and part-time employees are elegible for annual merit increases based upon performance. The merit increases are determined based on the recommendations of management, nationally independent salary survey data, economic business conditions, and compensation philosophy. All full-time exempt employees are eligible for annual bonus compensation based upon performance and organizational goal attainment (as determned by the ceo) and by individual goal attainment.”

Form 990, Part VI, Section C, Line 19

“These informational documents are made available upon request.”

Filing and Contact Details

Filer

Filer Name
Utah Athletic Foundation
EIN
84-1367913
Phone
4356584200
Address
PO BOX 980337, PARK CITY, UT 84098
Doing Business As
Utah Olympic Legacy Foundation

Signing Officer

Name
Colin Hilton
Title
President & CEO
Phone
4356584200
Signed
2017-03-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Colin Hilton
Formed
1997
Legal Domicile
Ut
Voting Board Members
11
Independent Board Members
10
Employees
508
Volunteers
200

Preparer

Firm
Tanner LLC
Address
36 S STATE STREET SUITE 600, SALT LAKE CITY, UT 84111
Preparer
Jodie Hewitson
Phone
8015327444
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by uaf and recognize a tax liability if uaf has taken an uncertain position that more likely than not would not be sustained upon examination by the applicable taxing authorities. Management has analyzed the tax positions taken by uaf and has concluded that, as of april 30, 2016 and 2015, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Gain on sale of fixed asset 18,500.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Gain on sale of fixed asset 18,500.”

Raw XML AppendixShowing 400 of 559 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE PRESIDENT
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IRS990/Form990TFiledInd01
IRS990/FormationYr01997
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt018500
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt071250
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt018500
IRS990/GrossReceiptsAmt011080238
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0150496
IRS990/InformationTechnologyGrp/ProgramServicesAmt010905
IRS990/InformationTechnologyGrp/TotalAmt0161401
IRS990/InsuranceGrp/ProgramServicesAmt0554433
IRS990/InsuranceGrp/TotalAmt0554433
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0219777
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0148325
IRS990/InvestmentExpenseAmt0-133739
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0391915
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0391915
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt065156856
IRS990/InvestmentsPubTradedSecGrp/EOYAmt059014026
IRS990/IRPDocumentCnt021
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt040854061
IRS990/LandBldgEquipBasisNetGrp/EOYAmt041110000
IRS990/LandBldgEquipCostOrOtherBssAmt091001021
IRS990/LegalDomicileStateCd0UT
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0FOSTER DEVELOPMENT OF WINTER SPORTS IN UTAH AND MANAGE AND MAINTAIN THE UTAH OLYMPIC PARK AND OVAL
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0107973210
IRS990/NetAssetsOrFundBalancesEOYAmt0102522398
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt018500
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt018500
IRS990/NetUnrelatedBusTxblIncmAmt0-79713
IRS990/NetUnrlzdGainsLossesInvstAmt0-825557
IRS990/NoncashContributionsAmt0210400
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt01766415
IRS990/OccupancyGrp/TotalAmt01766415
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02295
IRS990/OfficeExpensesGrp/ProgramServicesAmt039043
IRS990/OfficeExpensesGrp/TotalAmt041338
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt0419800
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MAINTENANCE & REPAIR CO
IRS990/OtherExpensesGrp/Desc1SPORT EVENT COSTS
IRS990/OtherExpensesGrp/Desc2OTHER PROGRAM COSTS
IRS990/OtherExpensesGrp/Desc3COSTS OF INVENTORY
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt0648938
IRS990/OtherExpensesGrp/ProgramServicesAmt1454083
IRS990/OtherExpensesGrp/ProgramServicesAmt2411487
IRS990/OtherExpensesGrp/ProgramServicesAmt3288800
IRS990/OtherExpensesGrp/TotalAmt0648938
IRS990/OtherExpensesGrp/TotalAmt1454083
IRS990/OtherExpensesGrp/TotalAmt2411487
IRS990/OtherExpensesGrp/TotalAmt3288800
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt093877
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0773978
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05332634
IRS990/OtherSalariesAndWagesGrp/TotalAmt06200489
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0679928
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0564535
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01611609
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01461580
IRS990/PrincipalOfficerNm0COLIN HILTON
IRS990/PriorPeriodAdjustmentsAmt0499
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713940
IRS990/ProgramServiceRevenueGrp/BusinessCd1713940
IRS990/ProgramServiceRevenueGrp/BusinessCd2713940
IRS990/ProgramServiceRevenueGrp/Desc0PUBLIC PROGRAMS & ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc1YOUTH SPORT PROGRAMS
IRS990/ProgramServiceRevenueGrp/Desc2FACILITY OPERATIONS & TRAINING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04827357
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11567467
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2921651
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05454262
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11567467
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2921651
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0626905
IRS990/ProgSrvcAccomActy2Grp/Desc0YOUTH SPORT PROGRAMS AND SPORT EVENTS: BOTH THE UTAH OLYMPIC PARK AND THE UTAH OLYMPIC OVAL OFFER HIGH QUALITY WINTER SPORT DEVELOPMENT PROGRAMS FOR YOUTH THAT EMBRACE LONG TERM ATHLETE DEVELOPMENT PRINCIPLES AND THAT GET PEOPLE OF ALL AGES AND ABILITIES ACTIVE IN SPORT. THESE BOTH SHOWCASE OUR LOCALLY TRAINED ATHLETES AND INVOLVE OUR LOCAL COMMUNITIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt04291535
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01567467
IRS990/ProgSrvcAccomActy3Grp/Desc0PUBLIC PROGRAM AND ACTIVITIES: UTAH OLYMPIC PARK AND UTAH OLYMPIC OVAL HAVE EXPERIENCED INCREASED PUBLIC USE OF PROGRAMS, SUCH AS PUBLIC SKATE SESSIONS, BOBSLED AND SKELETON RIDES, AND PUBLIC TOURS. THESE SIGNIFICANT INCREASES IN GROUP EVENTS REFLECT A GROWING AWARENESS AND INTEREST IN OUR VENUE OFFERINGS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt03731988
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt05454262
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SPORT AND PHYSICAL FITNESS EDUCATION
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt07475
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02605855
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02003874
IRS990/PYOtherExpensesAmt08161892
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt06980584
IRS990/PYRevenuesLessExpensesAmt0-3013032
IRS990/PYSalariesCompEmpBnftPaidAmt06441453
IRS990/PYTotalExpensesAmt014603345
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt011590313
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-4492015
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0921651
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01198676
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0780496
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02726443
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02605855
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0216432
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0383311
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0352551
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06284592
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0391915
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0406758
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0563206
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0561301
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0582966
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02506146
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt05577
IRS990ScheduleA/OtherIncome170Grp/TotalAmt05577
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.71450
IRS990ScheduleA/PublicSupportPY170Pct00.58390
IRS990ScheduleA/PublicSupportTotal170Amt06284592
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02726443
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02605855
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0216432
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0383311
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0352551
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06284592
IRS990ScheduleA/TotalSupportAmt08796315
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt030529232
IRS990ScheduleD/BuildingsGrp/DepreciationAmt039883212
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt070412444
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt070000
IRS990ScheduleD/DonatedServicesUseFcltsAmt070000
IRS990ScheduleD/EquipmentGrp/BookValueAmt04816951
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06292837
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011109788
IRS990ScheduleD/ExpensesNotReportedAmt069501
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt018500
IRS990ScheduleD/ExpensesSubtotalAmt015553753
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0133739
IRS990ScheduleD/LandGrp/BookValueAmt02920132
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02920132
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0780732
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01019943

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$104,103,353
Liabilities
$1,580,955
Net assets
$102,522,398
Revenue
$11,080,238
Expenses
$15,572,253
Net income
-$4,492,015
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$153$9.61$143$34.4$38.2$3.76
2024Detailed filing. Detailed filing data is available for this year.$154$9.27$145$54.2$37.3$16.9
2023Detailed filing. Detailed filing data is available for this year.$153$25.6$128$52.5$33.2$19.3
2022Detailed filing. Detailed filing data is available for this year.$133$21.0$112$41.7$30.6$11.2
2021Detailed filing. Detailed filing data is available for this year.$131$22.7$108$18.0$24.3$6.27
2020Detailed filing. Detailed filing data is available for this year.$123$21.8$102$17.9$25.6$7.70
2019Detailed filing. Detailed filing data is available for this year.$128$20.3$108$21.2$24.7$3.44
2018Detailed filing. Detailed filing data is available for this year.$111$3.22$108$20.7$22.7$1.97
2017Detailed filing. Detailed filing data is available for this year.$106$1.63$104$14.5$18.9$4.36
2016Detailed filing. Detailed filing data is available for this year.$104$1.58$103$11.1$15.6$4.49
2015Detailed filing. Detailed filing data is available for this year.$111$2.57$108$11.6$14.6$3.01
2014Detailed filing. Detailed filing data is available for this year.$108$1.26$107$8.69$15.4$6.69
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$109$1.28$107$13.9
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$109$1.10$108$13.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$116$0.76$116$13.1