Civic Intelligence

Utah Foundation

990 • Fiscal year 2019 • EIN 87-0199245

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 06, 2020

150 S State St 444Salt Lake City, UT 84111-1758

(801) 355-1400

Siviq Scores

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

Liabilities / Assets

65th percentile

0.10x

Higher debt load relative to assets than 65% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

49th percentile

0.03x

Higher debt load relative to revenue than 49% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

68th percentile

12%

Higher net margin than 68% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

95th percentile

$162,729

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 26.3% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

92nd percentile

79%

Faster asset growth than 92% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

51st percentile

4.7%

Faster revenue growth than 51% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Flat

$160,550

Flat from 2019

Net Assets

Flat

$144,133

Flat from 2019

Liabilities

Flat

$16,417

Flat from 2019

Revenue

Flat

$618,447

Flat from 2019

Expenses

Flat

$541,257

Flat from 2019

Net Income

Flat

$77,190

Flat from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $100,913Liabilities 2010: $5,667Net Assets 2010: $95,2462010Assets 2011: $121,997Liabilities 2011: $12,346Net Assets 2011: $109,6512011Assets 2012: $126,267Liabilities 2012: $11,445Net Assets 2012: $114,8222012Assets 2013: $140,412Liabilities 2013: $6,221Net Assets 2013: $134,1912013Assets 2014: $297,796Liabilities 2014: $15,545Net Assets 2014: $282,2512014Assets 2015: $170,143Liabilities 2015: $17,178Net Assets 2015: $152,9652015Assets 2016: $118,521Liabilities 2016: $13,974Net Assets 2016: $104,5472016Assets 2017: $57,910Liabilities 2017: $31,698Net Assets 2017: $26,2122017Assets 2018: $89,617Liabilities 2018: $22,674Net Assets 2018: $66,9432018Assets 2019: $160,550Liabilities 2019: $16,417Net Assets 2019: $144,1332019Assets 2019: $160,550Liabilities 2019: $16,417Net Assets 2019: $144,1332019Assets 2020: $328,212Liabilities 2020: $42,881Net Assets 2020: $285,3312020Assets 2021: $559,958Liabilities 2021: $26,476Net Assets 2021: $533,4822021Assets 2022: $595,180Liabilities 2022: $62,510Net Assets 2022: $532,6702022Assets 2023: $568,817Liabilities 2023: $50,457Net Assets 2023: $518,3602023Assets 2024: $460,876Liabilities 2024: $29,748Net Assets 2024: $431,1282024

Highlighted filing

2019

Assets$160,550
Liabilities$16,417
Net Assets$144,133

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $357,9892010Revenue 2011: $297,991Expenses 2011: $283,586Net Income 2011: $14,4052011Expenses 2012: $407,0272012Revenue 2013: $383,429Expenses 2013: $364,060Net Income 2013: $19,3692013Revenue 2014: $600,952Expenses 2014: $452,892Net Income 2014: $148,0602014Revenue 2015: $581,270Expenses 2015: $710,556Net Income 2015: -$129,2862015Revenue 2016: $610,902Expenses 2016: $659,320Net Income 2016: -$48,4182016Revenue 2017: $526,798Expenses 2017: $605,133Net Income 2017: -$78,3352017Revenue 2018: $590,435Expenses 2018: $549,704Net Income 2018: $40,7312018Revenue 2019: $618,447Expenses 2019: $541,257Net Income 2019: $77,1902019Revenue 2019: $618,447Expenses 2019: $541,257Net Income 2019: $77,1902019Revenue 2020: $657,206Expenses 2020: $516,008Net Income 2020: $141,1982020Revenue 2021: $702,563Expenses 2021: $454,412Net Income 2021: $248,1512021Revenue 2022: $503,426Expenses 2022: $504,238Net Income 2022: -$8122022Revenue 2023: $496,334Expenses 2023: $510,644Net Income 2023: -$14,3102023Revenue 2024: $473,338Expenses 2024: $560,567Net Income 2024: -$87,2292024

Highlighted filing

2019

Revenue$618,447
Expenses$541,257
Net Income$77,190
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 6, 2020
Return Version
2019v5.0
Gross Receipts
$618,447
Mission and Program Overview

Mission

Utah foundation's mission is to produce objective, thorough and well- reasoned research and analysis that promotes the effective use of public resources, a thriving economy, a well-prepared workforce and a high quality of life for utahns. Utah foundation seeks to help decision-makers and citizens understand and address complex issues. Utah foundation also offers constructive guidance to improve governmental policies, programs and structures. Utah foundation is an independent, nonpartisan, nonprofit research organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$66,371$133,088▲ $66,717
Accounts Receivable$17,975$22,575▲ $4,600
Prepaid Expenses and Deferred Charges$2,112$2,144▲ $32
Land, Buildings, and Equipment, Net$1,109$693▼ $416
Total Assets$89,617$160,550▲ $70,933
Other Assets Total$2,050$2,050→ $0
Liabilities
Accounts Payable and Accrued Expenses$22,674$16,417▼ $6,257
Total Liabilities$22,674$16,417▼ $6,257
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$66,943$144,133▲ $77,190
Total Net Assets Fund Balance$66,943$144,133▲ $77,190
Total Liabilities and Net Assets / Fund Balance$89,617$160,550▲ $70,933

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$42,513$42,513
Equipment$693$12,491$13,184
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peter ReichardPresidentFT$138,000$24,729$162,729
Revenue and Support

Revenue Composition

Contributions and Grants
$490,281
Program Service Revenue
$128,150
Investment Income
$16
Other Revenue
$0
All Other Contributions
$188,801
Change in Net Assets
$77,190

Audited Revenue Reconciliation

Revenue per Audited Statements
$618,447
Total Revenue per Audited Statements
$618,447
Total Revenue per Form 990
$618,447
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$435,041
Other Expenses$106,216
Total Fundraising Expense$30,742
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$196,317$4,449-$200,766
Current Officers, Directors, Trustees, and Key Employees$110,400$6,900$20,700$138,000
Other Employee Benefits$40,767$1,505$2,631$44,903
Occupancy$23,656$2,628$2,921$29,205
Payroll Taxes$26,276$971$1,752$28,999
Pension Plan Contributions$20,192$749$1,432$22,373
Fees for Services Other$17,677$3,581-$21,258
Office Expenses$5,426$602$669$6,697
Fees for Services Accounting-$5,853-$5,853
Travel$2,997$333$370$3,700
Other Expenses$1,054$117$190$1,361
All Other Expenses$283$177$35$495
Depreciation Depletion$337$37$42$416
Insurance-$192-$192
Total Functional Expenses$475,486$35,029$30,742$541,257

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$541,257
Total Expenses per Audited Statements$541,257
Total Expenses per Form 990$541,257
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
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
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, Page 6, Part VI, Line 11B

The 990 is reviewed by the executive director, board treasurer, and board chairman for accuracy and proper presentation. The executive director will address any questions and relay any suggestions for change.

Form 990, Page 6, Part VI, Line 15A

Executive director compensation is determined by the executive committee (a nine-member committee of the board given the task of governing the foundation's operations more closely than the entire board.) the executive committee is independent of the individuals whose compensation is being determined. In determining a reasonable level of compensation, board members consider salaries paid to other similar positions in the region. The deliberation and determination of the executive committee is done without staff present. Their final decision is recorded in the executive committee meeting minutes.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available for public inspection upon request at the organization's offices.

Filing and Contact Details

Filer

Filer Name
Utah Foundation
EIN
87-0199245
Phone
8013551400
Address
150 S STATE ST 444, SALT LAKE CITY, UT 84111-1758

Signing Officer

Name
Peter Reichard
Title
President
Phone
8013551400
Signed
2020-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Reichard
Formed
1945
Legal Domicile
Ut
Voting Board Members
19
Independent Board Members
19
Employees
5
Volunteers
63

Preparer

Firm
Bountiful Peak Advisors
Address
1564 SOUTH 500 WEST SUITE 201, BOUNTIFUL, UT 84010-7400
Preparer
Justin R Shaw CPA Cfe Cgma
Phone
8012943155
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Utah foundation's mission is to produce objective, thorough and well- reasoned research and analysis that promotes the effective use of public resources, a thriving economy, a well-prepared workforce and a high quality of life for utahns. Utah foundation seeks to help decision-makers and citizens understand and address complex issues. Utah foundation also offers constructive guidance to improve governmental policies, programs and structures. Utah foundation is an independent, nonpartisan, nonprofit research organization.

Form 990, Page 2, Part III, Line 4A

See schedule o looking back over 2018, utah foundation had one of the most productive years in the organization's seven-decade history. We issued 12 public releases: 11 major reports and one brief. We published op-eds once per month and began making our podcasts a monthly affair. The news media covered our work more than 100 times. And we won two national awards for our research. Meanwhile, thanks to the generosity of our many supporters, we ended the year on a strong financial footing. We staged three breakfast briefings, and our annual luncheon was presented to a sell-out crowd. Finally, to chart a course for the future, trustees and staff collaborated to create the utah foundation 2025 strategic plan. The health cost series: a national award winner in our quadrennial utah priorities survey, we learned that the no. 1 concern of utahns was health care; citizens were particularly concerned about costs. In response, in 2018 we completed the three-part utah health cost series. The series was supported by an online video explaining the findings; blog posts, both on our website and on the gardner policy institute website; outreach to policymakers; a podcast; interviews with both broadcast and print media; and op-ed articles published in the salt lake tribune and deseret news. Research analyst sam brucker was the principal author of the series, which was supported in part with a grant from the george s. And dolores dor eccles foundation. At its annual conference held in detroit during the summer, the national governmental research association recognized the series with its 2018 most distinguished research award. Another national award-winner: the tax policy series in 2018, we presented a three-part utah tax policy series. The series was supported by a brief on the income tax during the legislative session; an income tax calculator tool showing citizens how the changes in the income tax affect them; an online video explaining our findings; outreach to policymakers; a podcast; interviews with both broadcast and print media; and three op-ed articles in the salt lake tribune and deseret news. The income tax report in particular stirred discussion by revealing that the changes would quietly result in state tax decreases for wealthier households - but increases for large, middle-class families. This led to public outcry, chatter on talk radio, an editorial in the salt lake tribune - and, ultimately, amendments from the legislature to address the issue. The sales tax report, meanwhile, has been instrumental in recent public discussions over whether to expand the base; in the coming months, the legislature is expected to consider major reforms on that front. Research analyst christopher collard was the principal author of the series. The tax policy series also won a national award this summer, for most effective education. In fact, utah foundation won national awards in two out of the governmental research association's three categories - the only two categories in which utah foundation was eligible to make entries. Launching the 2018-19 education spending series in 2018 we launched our ongoing k-12 education spending series, with two reports now out. The series so far has been supported by a presentation to the salt lake chamber; outreach to policymakers; a podcast; interviews with both broadcast and print media; and an op-ed article in the salt lake tribune. The state plans to upgrade its cost transparency in response to simple arithmetic? (february), the first report. The second report, a level playing field? (august) addressed funding for special needs students, a priority funding area in the governor's 2019 budget proposal. Thanks to the lawrence t. & janet t. Dee foundation and the brent and bonnie jean beesley foundation for providing grants to help fund the two reports. The series will yield two more reports in 2019. The quality of life survey: bigger and better every few years, we conduct our quality of life survey and issue a rep

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IRS990/Desc0SEE SCHEDULE O LOOKING BACK OVER 2018, UTAH FOUNDATION HAD ONE OF THE MOST PRODUCTIVE YEARS IN THE ORGANIZATION'S SEVEN-DECADE HISTORY. WE ISSUED 12 PUBLIC RELEASES: 11 MAJOR REPORTS AND ONE BRIEF. WE PUBLISHED OP-EDS ONCE PER MONTH AND BEGAN MAKING OUR PODCASTS A MONTHLY AFFAIR. THE NEWS MEDIA COVERED OUR WORK MORE THAN 100 TIMES. AND WE WON TWO NATIONAL AWARDS FOR OUR RESEARCH. MEANWHILE, THANKS TO THE GENEROSITY OF OUR MANY SUPPORTERS, WE ENDED THE YEAR ON A STRONG FINANCIAL FOOTING. WE STAGED THREE BREAKFAST BRIEFINGS, AND OUR ANNUAL LUNCHEON WAS PRESENTED TO A SELL-OUT CROWD. FINALLY, TO CHART A COURSE FOR THE FUTURE, TRUSTEES AND STAFF COLLABORATED TO CREATE THE UTAH FOUNDATION 2025 STRATEGIC PLAN. THE HEALTH COST SERIES: A NATIONAL AWARD WINNER IN OUR QUADRENNIAL UTAH PRIORITIES SURVEY, WE LEARNED THAT THE NO. 1 CONCERN OF UTAHNS WAS HEALTH CARE; CITIZENS WERE PARTICULARLY CONCERNED ABOUT COSTS. IN RESPONSE, IN 2018 WE COMPLETED THE THREE-PART UTAH HEALTH COST SERIES. THE SERIES WAS SUPPORTED BY AN ONLINE VIDEO EXPLAINING THE FINDINGS; BLOG POSTS, BOTH ON OUR WEBSITE AND ON THE GARDNER POLICY INSTITUTE WEBSITE; OUTREACH TO POLICYMAKERS; A PODCAST; INTERVIEWS WITH BOTH BROADCAST AND PRINT MEDIA; AND OP-ED ARTICLES PUBLISHED IN THE SALT LAKE TRIBUNE AND DESERET NEWS. RESEARCH ANALYST SAM BRUCKER WAS THE PRINCIPAL AUTHOR OF THE SERIES, WHICH WAS SUPPORTED IN PART WITH A GRANT FROM THE GEORGE S. AND DOLORES DOR ECCLES FOUNDATION. AT ITS ANNUAL CONFERENCE HELD IN DETROIT DURING THE SUMMER, THE NATIONAL GOVERNMENTAL RESEARCH ASSOCIATION RECOGNIZED THE SERIES WITH ITS 2018 MOST DISTINGUISHED RESEARCH AWARD. ANOTHER NATIONAL AWARD-WINNER: THE TAX POLICY SERIES IN 2018, WE PRESENTED A THREE-PART UTAH TAX POLICY SERIES. THE SERIES WAS SUPPORTED BY A BRIEF ON THE INCOME TAX DURING THE LEGISLATIVE SESSION; AN INCOME TAX CALCULATOR TOOL SHOWING CITIZENS HOW THE CHANGES IN THE INCOME TAX AFFECT THEM; AN ONLINE VIDEO EXPLAINING OUR FINDINGS; OUTREACH TO POLICYMAKERS; A PODCAST; INTERVIEWS WITH BOTH BROADCAST AND PRINT MEDIA; AND THREE OP-ED ARTICLES IN THE SALT LAKE TRIBUNE AND DESERET NEWS. THE INCOME TAX REPORT IN PARTICULAR STIRRED DISCUSSION BY REVEALING THAT THE CHANGES WOULD QUIETLY RESULT IN STATE TAX DECREASES FOR WEALTHIER HOUSEHOLDS - BUT INCREASES FOR LARGE, MIDDLE-CLASS FAMILIES. THIS LED TO PUBLIC OUTCRY, CHATTER ON TALK RADIO, AN EDITORIAL IN THE SALT LAKE TRIBUNE - AND, ULTIMATELY, AMENDMENTS FROM THE LEGISLATURE TO ADDRESS THE ISSUE. THE SALES TAX REPORT, MEANWHILE, HAS BEEN INSTRUMENTAL IN RECENT PUBLIC DISCUSSIONS OVER WHETHER TO EXPAND THE BASE; IN THE COMING MONTHS, THE LEGISLATURE IS EXPECTED TO CONSIDER MAJOR REFORMS ON THAT FRONT. RESEARCH ANALYST CHRISTOPHER COLLARD WAS THE PRINCIPAL AUTHOR OF THE SERIES. THE TAX POLICY SERIES ALSO WON A NATIONAL AWARD THIS SUMMER, FOR MOST EFFECTIVE EDUCATION. IN FACT, UTAH FOUNDATION WON NATIONAL AWARDS IN TWO OUT OF THE GOVERNMENTAL RESEARCH ASSOCIATION'S THREE CATEGORIES - THE ONLY TWO CATEGORIES IN WHICH UTAH FOUNDATION WAS ELIGIBLE TO MAKE ENTRIES. LAUNCHING THE 2018-19 EDUCATION SPENDING SERIES IN 2018 WE LAUNCHED OUR ONGOING K-12 EDUCATION SPENDING SERIES, WITH TWO REPORTS NOW OUT. THE SERIES SO FAR HAS BEEN SUPPORTED BY A PRESENTATION TO THE SALT LAKE CHAMBER; OUTREACH TO POLICYMAKERS; A PODCAST; INTERVIEWS WITH BOTH BROADCAST AND PRINT MEDIA; AND AN OP-ED ARTICLE IN THE SALT LAKE TRIBUNE. THE STATE PLANS TO UPGRADE ITS COST TRANSPARENCY IN RESPONSE TO SIMPLE ARITHMETIC? (FEBRUARY), THE FIRST REPORT. THE SECOND REPORT, A LEVEL PLAYING FIELD? (AUGUST) ADDRESSED FUNDING FOR SPECIAL NEEDS STUDENTS, A PRIORITY FUNDING AREA IN THE GOVERNOR'S 2019 BUDGET PROPOSAL. THANKS TO THE LAWRENCE T. & JANET T. DEE FOUNDATION AND THE BRENT AND BONNIE JEAN BEESLEY FOUNDATION FOR PROVIDING GRANTS TO HELP FUND THE TWO REPORTS. THE SERIES WILL YIELD TWO MORE REPORTS IN 2019. THE QUALITY OF LIFE SURVEY: BIGGER AND BETTER EVERY FEW YEARS, WE CONDUCT OUR QUALITY OF LIFE SURVEY AND ISSUE A REP
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
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IRS990/Form990PartVIISectionAGrp/PersonNm0PETER REICHARD
IRS990/Form990PartVIISectionAGrp/PersonNm1NATHAN ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm2BRIAN AUTRY
IRS990/Form990PartVIISectionAGrp/PersonNm3MARK BUCHI
IRS990/Form990PartVIISectionAGrp/PersonNm4CARLTON CHRISTENSEN
IRS990/Form990PartVIISectionAGrp/PersonNm5DAN ELDREDGE
IRS990/Form990PartVIISectionAGrp/PersonNm6BRYSON GARBETT
IRS990/Form990PartVIISectionAGrp/PersonNm7TERRY GRANT
IRS990/Form990PartVIISectionAGrp/PersonNm8RAYMOND HALL
IRS990/Form990PartVIISectionAGrp/PersonNm9ELIZABETH HITCH
IRS990/Form990PartVIISectionAGrp/PersonNm10ANNALISA HOLCOMBE
IRS990/Form990PartVIISectionAGrp/PersonNm11BRENT JENSEN
IRS990/Form990PartVIISectionAGrp/PersonNm12JONATHAN JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm13DENNIS LLOYD
IRS990/Form990PartVIISectionAGrp/PersonNm14KELLY MENDHALL
IRS990/Form990PartVIISectionAGrp/PersonNm15SCOTT PARSON
IRS990/Form990PartVIISectionAGrp/PersonNm16GREGORY POULSEN
IRS990/Form990PartVIISectionAGrp/PersonNm17MELISSA SHANJENGANGE
IRS990/Form990PartVIISectionAGrp/PersonNm18MIKE WASHBURN
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19VICE CHAIR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01945
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
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IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0618447
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IRS990/IncludeFIN48FootnoteInd0false
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IRS990/InfoInScheduleOPartIIIInd0X
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IRS990/InsuranceGrp/ManagementAndGeneralAmt0192
IRS990/InsuranceGrp/TotalAmt0192
IRS990/InvestmentIncomeGrp/ExclusionAmt016
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IRS990/IRPDocumentCnt01
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IRS990/LandBldgEquipAccumDeprecAmt055004
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01109
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0693
IRS990/LandBldgEquipCostOrOtherBssAmt055697
IRS990/LegalDomicileStateCd0UT
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt0301480
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0UTAH FOUNDATION'S MISSION IS TO PRODUCE OBJECTIVE, THOROUGH AND WELL- REASONED RESEARCH AND ANALYSIS THAT PROMOTES THE EFFECTIVE USE OF PUBLIC RESOURCES, A THRIVING ECONOMY, A WELL-PREPARED WORKFORCE AND A HIGH QUALITY OF LIFE FOR UTAHNS. UTAH FOUNDATION SEEKS TO HELP DECISION-MAKERS AND CITIZENS UNDERSTAND AND ADDRESS COMPLEX ISSUES. UTAH FOUNDATION ALSO OFFERS CONSTRUCTIVE GUIDANCE TO IMPROVE GOVERNMENTAL POLICIES, PROGRAMS AND STRUCTURES. UTAH FOUNDATION IS AN INDEPENDENT, NONPARTISAN, NONPROFIT RESEARCH ORGANIZATION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt066943
IRS990/NetAssetsOrFundBalancesEOYAmt0144133
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt066943
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0144133
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt02921
IRS990/OccupancyGrp/ManagementAndGeneralAmt02628
IRS990/OccupancyGrp/ProgramServicesAmt023656
IRS990/OccupancyGrp/TotalAmt029205
IRS990/OfficeExpensesGrp/FundraisingAmt0669
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0602
IRS990/OfficeExpensesGrp/ProgramServicesAmt05426
IRS990/OfficeExpensesGrp/TotalAmt06697
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02050
IRS990/OtherAssetsTotalGrp/EOYAmt02050
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02631
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01505
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt040767
IRS990/OtherEmployeeBenefitsGrp/TotalAmt044903
IRS990/OtherExpensesGrp/Desc0PROGRAM EVENT EXPENSES
IRS990/OtherExpensesGrp/Desc1BAD DEBT
IRS990/OtherExpensesGrp/Desc2BANK CHARGES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt0190
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05530
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11405
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2117
IRS990/OtherExpensesGrp/ProgramServicesAmt030104
IRS990/OtherExpensesGrp/ProgramServicesAmt11054
IRS990/OtherExpensesGrp/TotalAmt030104
IRS990/OtherExpensesGrp/TotalAmt15530
IRS990/OtherExpensesGrp/TotalAmt21405
IRS990/OtherExpensesGrp/TotalAmt31361
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt04449
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0196317
IRS990/OtherSalariesAndWagesGrp/TotalAmt0200766
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01752
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0971
IRS990/PayrollTaxesGrp/ProgramServicesAmt026276
IRS990/PayrollTaxesGrp/TotalAmt028999
IRS990/PensionPlanContributionsGrp/FundraisingAmt01432
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0749
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt020192
IRS990/PensionPlanContributionsGrp/TotalAmt022373
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02112
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02144
IRS990/PrincipalOfficerNm0PETER REICHARD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM EVENTS
IRS990/ProgramServiceRevenueGrp/Desc1CONSULTING INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt080900
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt147250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt080900
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt147250
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0472428
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt092
IRS990/PYOtherExpensesAmt077058
IRS990/PYProgramServiceRevenueAmt0117915
IRS990/PYRevenuesLessExpensesAmt040731
IRS990/PYSalariesCompEmpBnftPaidAmt0472646
IRS990/PYTotalExpensesAmt0549704
IRS990/PYTotalRevenueAmt0590435
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt077190
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0128150
IRS990/SavingsAndTempCashInvstGrp/BOYAmt066371
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0133088
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0169500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt0180875
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt0184500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt0224500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0759375
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0490281
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0459720
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0401097
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0434398
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0464837
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02250333
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt016
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt092
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt049
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0138
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0304
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0128150
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0117915
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0125692
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0176455
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0116295
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0664507
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt016
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt092
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt09
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt049
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0138
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0304
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.68500
IRS990ScheduleA/PublicSupportPY509Pct00.55840
IRS990ScheduleA/PublicSupportTotal509Amt01996926
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0169500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0198539
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0286914
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0262961
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0917914
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt017664
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0102414
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt038461
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0158539
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0618431
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0577635
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0526789

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.61$0.30$4.31$4.73$5.61$0.87
2023Summary only. Only limited summary data is available for this year.$5.69$0.50$5.18$4.96$5.11$0.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.95$0.63$5.33$5.03$5.04$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.60$0.26$5.33$7.03$4.54$2.48
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.28$0.43$2.85$6.57$5.16$1.41
2019Detailed filing. Detailed filing data is available for this year.$1.61$0.16$1.44$6.18$5.41$0.77
2019Summary only. Only limited summary data is available for this year.$1.61$0.16$1.44$6.18$5.41$0.77
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.90$0.23$0.67$5.90$5.50$0.41
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.32$0.26$5.27$6.05$0.78
2016Summary only. Only limited summary data is available for this year.$1.19$0.14$1.05$6.11$6.59$0.48
2015Summary only. Only limited summary data is available for this year.$1.70$0.17$1.53$5.81$7.11$1.29
2014Detailed filing. Detailed filing data is available for this year.$2.98$0.16$2.82$6.01$4.53$1.48
2013Detailed filing. Detailed filing data is available for this year.$1.40$0.06$1.34$3.83$3.64$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$0.11$1.15$4.07
2011Summary only. Only limited summary data is available for this year.$1.22$0.12$1.10$2.98$2.84$0.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.06$0.95$3.58