Civic Intelligence

Utah Heritage Foundation

EIN 87-0272392 • 501(c)3 • Salt Lake City, UT

Profile

The organization's mission is to keep the past alive, not only for preservation, but to inspire and provoke a more creative present and sustainable future.

375 N Canyon RoadSalt Lake City, UT 84103

www.preservationutah.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.13x

Higher debt load relative to assets than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

85th percentile

0.75x

Higher debt load relative to revenue than 85% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

65th percentile

13%

Higher net margin than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

65th percentile

10%

Faster asset growth than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

92nd percentile

103%

Faster revenue growth than 92% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,986,585

Up $184,312 (+10%) from 2023

Liabilities

Up

$257,150

Up $135,241 (+111%) from 2023

Net Assets

Up

$1,729,435

Up $49,071 (+2.9%) from 2023

Revenue

Up

$344,820

Up $174,984 (+103%) from 2023

Expenses

Up

$299,539

Up $54,186 (+22%) from 2023

Net Income

Up

$45,281

Up $120,798 (+160%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2010: $847,677Liabilities 2010: $345,258Net Assets 2010: $502,4192010Assets 2011: $760,010Liabilities 2011: $333,694Net Assets 2011: $426,3162011Assets 2012: $955,332Liabilities 2012: $339,468Net Assets 2012: $615,8642012Assets 2013: $5,674,891Liabilities 2013: $336,698Net Assets 2013: $5,338,1932013Assets 2014: $1,409,397Liabilities 2014: $337,948Net Assets 2014: $1,071,4492014Assets 2015: $1,287,277Liabilities 2015: $348,985Net Assets 2015: $938,2922015Assets 2016: $1,299,690Liabilities 2016: $365,760Net Assets 2016: $933,9302016Assets 2017: $1,301,489Liabilities 2017: $332,162Net Assets 2017: $969,3272017Assets 2018: $1,558,084Liabilities 2018: $332,847Net Assets 2018: $1,225,2372018Assets 2019: $1,673,634Liabilities 2019: $345,275Net Assets 2019: $1,328,3592019Assets 2020: $2,289,196Liabilities 2020: $908,739Net Assets 2020: $1,380,4572020Assets 2021: $1,890,193Liabilities 2021: $463,366Net Assets 2021: $1,426,8272021Assets 2022: $1,865,977Liabilities 2022: $437,961Net Assets 2022: $1,428,0162022Assets 2023: $1,802,273Liabilities 2023: $121,909Net Assets 2023: $1,680,3642023Assets 2024: $1,986,585Liabilities 2024: $257,150Net Assets 2024: $1,729,4352024

Highlighted filing

2024

Assets$1,986,585
Liabilities$257,150
Net Assets$1,729,435

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $489,6892010Expenses 2011: $455,9072011Expenses 2012: $423,0792012Revenue 2013: $5,129,711Expenses 2013: $430,442Net Income 2013: $4,699,2692013Revenue 2014: $326,828Expenses 2014: $409,378Net Income 2014: -$82,5502014Revenue 2015: $329,761Expenses 2015: $462,918Net Income 2015: -$133,1572015Revenue 2016: $482,110Expenses 2016: $486,472Net Income 2016: -$4,3622016Revenue 2017: $491,191Expenses 2017: $458,799Net Income 2017: $32,3922017Revenue 2018: $658,587Expenses 2018: $382,220Net Income 2018: $276,3672018Revenue 2019: $458,970Expenses 2019: $388,690Net Income 2019: $70,2802019Revenue 2020: $158,740Expenses 2020: $212,961Net Income 2020: -$54,2212020Revenue 2021: $305,800Expenses 2021: $267,989Net Income 2021: $37,8112021Revenue 2022: $348,959Expenses 2022: $297,548Net Income 2022: $51,4112022Revenue 2023: $169,836Expenses 2023: $245,353Net Income 2023: -$75,5172023Revenue 2024: $344,820Expenses 2024: $299,539Net Income 2024: $45,2812024

Highlighted filing

2024

Revenue$344,820
Expenses$299,539
Net Income$45,281

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$0.26$1.73$0.34$0.30$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.80$0.12$1.68$0.17$0.25$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.87$0.44$1.43$0.35$0.30$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.89$0.46$1.43$0.31$0.27$0.04
2020Detailed filing. Detailed filing data is available for this year.$2.29$0.91$1.38$0.16$0.21$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.67$0.35$1.33$0.46$0.39$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.56$0.33$1.23$0.66$0.38$0.28
2017Detailed filing. Detailed filing data is available for this year.$1.30$0.33$0.97$0.49$0.46$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.30$0.37$0.93$0.48$0.49$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.29$0.35$0.94$0.33$0.46$0.13
2014Detailed filing. Detailed filing data is available for this year.$1.41$0.34$1.07$0.33$0.41$0.08
2013Detailed filing. Detailed filing data is available for this year.$5.67$0.34$5.34$5.13$0.43$4.70
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.34$0.62$0.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.33$0.43$0.46
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.35$0.50$0.49
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.0
Gross Receipts
$568,021
Mission and Program Overview

Mission

The mission of utah heritage

The organization's mission is to keep the past alive, not only for preservation, but to inspire and provoke a more creative present and sustainable future.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,105,302$1,100,594▼ $4,708
Other Notes and Loans Receivable, Net$295,976$328,420▲ $32,444
Investments in Publicly Traded Securities$279,386$300,808▲ $21,422
Pledges and Grants Receivable$95,000$96,000▲ $1,000
Land, Buildings, and Equipment, Net$23,284$17,904▼ $5,380
Accounts Receivable$2,325$8,624▲ $6,299
Cash and Non-Interest-Bearing Accounts-$1,087-
Prepaid Expenses and Deferred Charges$1,000$1,000→ $0
Total Assets$1,802,273$1,986,585▲ $184,312
Other Assets Total-$132,148-
Liabilities
Other Liabilities-$132,148-
Unsecured Notes Loans Payable$89,254$82,329▼ $6,925
Deferred Revenue$12,175$23,084▲ $10,909
Accounts Payable and Accrued Expenses$20,480$19,589▼ $891
Total Liabilities$121,909$257,150▲ $135,241
Net Assets / Fund Balance
Net Assets With Donor Restrictions$941,546$933,754▼ $7,792
Net Assets Without Donor Restrictions$738,818$795,681▲ $56,863
Total Net Assets Fund Balance$1,680,364$1,729,435▲ $49,071
Total Liabilities and Net Assets / Fund Balance$1,802,273$1,986,585▲ $184,312

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$14,205$227,329$241,534
Equipment$3,699$43,340$47,039
Other Assets Org$132,148--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brandy StrandExecutive DiFT$68,743$8,704$77,447

Board Members and Trustees

NameTitle
Timothy HouptChair
Patrick BeckerVice Chair
Amber AndersonBoard Member
Bree ScheerBoard Member
Chris JensenBoard Member
Dalton GackleBoard Member
David HunterBoard Member
Jack DavisBoard Member
Jack HodgkinsBoard Member
James CocksBoard Member
Jenny LundBoard Member
Malarie DevincentBoard Member
Nancy EckhoutBoard Member
Nathan MillerBoard Member
Paula HarlineBoard Member
Richard WestnedgeBoard Member
Shalae LarsenBoard Member
Steve CornellBoard Member
Suzy EskenaziBoard Member
Tracey SmithBoard Member
William PrattBoard Member
Randy HoffmanSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$182,432
Program Service Revenue
$37,893
Investment Income
$57,408
Other Revenue
$67,087
All Other Contributions
$62,875
Change in Net Assets
$45,281

Audited Revenue Reconciliation

Revenue per Audited Statements
$341,232
Revenue Not Reported on Financial Statements
$3,588
Revenue Not Reported on Form 990
$270,510
Total Revenue per Audited Statements
$611,742
Total Revenue per Form 990
$344,820
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$191,790
Other Expenses$94,249
Total Fundraising Expense$38,715
Professional Fundraising Fees$13,500
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$73,176$10,347$4,759$88,282
Current Officers, Directors, Trustees, and Key Employees$16,650$49,666$13,524$79,840
Fees for Services Accounting-$26,956-$26,956
Occupancy$7,398$5,348$1,349$14,095
Payroll Taxes$7,615$4,682$1,458$13,755
Fees for Services Professional Fundraising--$13,500$13,500
Insurance$5,643$3,306$1,139$10,088
Fees for Services Legal$8,490$350-$8,840
Other Employee Benefits$6,491$753$464$7,708
Office Expenses$1,636$795$1,269$3,700
Fees for Service Investment Mgmnt Fees-$3,588-$3,588
All Other Expenses$1,508$485$386$2,379
Pension Plan Contributions$1,907$174$124$2,205
Other Expenses$1,072$894$174$2,140
Depreciation Depletion-$2,000-$2,000
Advertising$1,536$273-$1,809
Travel$1,544$22$2$1,568
Information Technology$673$472$36$1,181
Conferences and Meetings$144$650-$794
Fees for Services Other$333$12-$345
Interest$22$18$4$44
Total Functional Expenses$144,955$115,869$38,715$299,539

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$562,671
Total Expenses per Form 990$299,539
Expenses per Audited Statements$295,951
Expenses Not Reported on Form 990$266,720
Expenses Not Reported on Financial Statements$3,588
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$20,866
Professional Fundraising Fees$13,500
Fundraising Gross Income$13,205

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$31,542$13,205$8,731$4,474
Total Events$31,542$13,205$20,866$-7,661
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$132,148
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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 organization's form 990 was prepared by the organization's cpa in consultation with the organization's executive director. It was reviewed it detail by the organization's treasurer for accuracy and reasonability. A complete copy of the form 990 was provided to the organization's board of directors before it was filed.

Form 990, Page 6, Part VI, Line 12C

The organization provides a copy of its conflict of interest policy to all board members and management during onboarding. In addition, a copy is provided annually. All board members and management are required to review the policy and sign a disclosure statement, which acknowledges and understanding of the policy and discloses any potential conflicts of interest they are aware of. All potential conflicts of interest are reviewed by the executive committee to determine the appropriate action to be taken to eliminate or mitigate risks posed by the conflict. The organization requires that board members with conflict of interest be recused from the deliberation and voting related to a transaction or action in which they may have conflict.

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

At the time or hire and on an annual basis following, a committee of the board of directors establishes the executive director's compensation. The organization requires that no member of the committee have a conflict of interest related to the compensation arrangement. The committee uses salary surveys, publicly available 990s, and other information for similar positions and similar organizations within the region to establish a reasonable level of compensation. The committee contemporaneously documents its discussions and decisions in committee minutes. The organization's board members do not receive compensation from the organization.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available upon request to the organization's office. In addition, the organization's 990s for the past several years are available through guidestar.org and preservationutah.org and the organization's articles of incorporation are available through the utah department of commerce division of corporations and commercial code.

Filing and Contact Details

Filer

Filer Name
Utah Heritage Foundation
EIN
87-0272392
Phone
8015330858
Address
375 N CANYON ROAD, SALT LAKE CITY, UT 84103
Doing Business As
Preservation Utah

Signing Officer

Name
Brandy Strand
Title
Executive Director
Phone
8015330858
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brandy Strand
Formed
1966
Legal Domicile
Ut
Voting Board Members
18
Independent Board Members
18
Employees
15
Volunteers
434

Preparer

Firm
Bountiful Peak Advisors
Address
1564 SOUTH 500 WEST SUITE 201, BOUNTIFUL, UT 84010-7400
Preparer
Shalaun T Howell CPA
Phone
8012943155
Supplemental Narrative

Additional Explanations

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

Education & advocacy preservation utahs advocacy and education programs are at the heart of our mission to protect and celebrate utahs architectural and historical treasures. We work with elected officials, administrators, and property owners to promote preservation-oriented public policies, support relevant legislation, and develop creative, sustainable solutions. Our efforts go beyond protecting buildingswe strive to preserve the stories, culture, and history that define utah. We educate the public about the states historic built environment and cultural resources through lectures, tours, and cultural events. By actively engaging the community, we empower individuals and groups to take ownership of their local heritage, ensuring that preservation efforts resonate across generations. Our annual preservation conference is utahs premier gathering for preservation professionals, technical experts, students, property owners, and the public. It provides a unique opportunity to network, learn, and collaborate on the future of historic preservation in our state.

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

Historic properties preservation utahs historic properties program safeguards utahs built heritage through loans,easements, and hands-on rehabilitation efforts. Since 1970, our revolving loan fund has provided low-interest loans to historic property owners, ensuring that preservation projects meet national standards while revitalizing entire neighborhoods. Our easement program offers permanent protection for more than 127 historic properties across utah, with annual inspections and personalized reports to help owners maintain their buildings. Through our rehabilitation program, we equip the public with practical preservation skills via expert-led workshops and hands-on training sessions, ensuring that historic preservation techniques are passed down to future generations. By combining financial support, legal protections, and education, we empower communities to preserve the places that define utahs history.

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

Other program preservation utah offers a variety of programs throughout the year that celebrate and support historic preservation across the state. The community stewardship awards recognize outstanding preservation efforts each year, honoring projects and individuals who have significantly contributed to protecting utahs historic places. Award categories include rehabilitation and restoration, legacy businesses, adaptive reuse, industry experts, individuals or organizations, and lifetime achievement. Our semi- annual historic homes tours spotlight utahs historic neighborhoods, offering the public an inside look at preserved homes and their architectural significance. These tours educate participants on local history and design and inspire them, demonstrating successful preservation projects that others can replicate in their communities.

Form 990, Part XI, Line 9

Special event expenses 12,351 memorial house rent expenses 162,962 special event expenses -12,351 memorial house rent expenses -162,962

Financial Statement Notes

Schedule D, Page 1, Part II, Line 9

The organization has acquired its conservation easements through donation. The organization considers its conservation easements to be collections, under gaap, because they are held in furtherance of public service rather than for financial gain and they are protected, cared for, and preserved. The organization does not sell its easements. The organization has elected not to capitalize its easements, under fasb asc 958-360-25-3. Under fasb 958-605-19, contributed collection items that are not capitalized should not be recognized as revenues or gains.

Schedule D, Page 3, Part X

The organization has been recognized by the internal revenue service (irs) as exempt from federal income taxes under section 501(c)(3), qualifying for the charitable contribution deduction under section 170(b)(1)(a)(vi), and has been determined not to be a private foundation under section 509(a). The organization is annually required to file a return of organization exempt from income tax (form 990) and is subject to income tax on net income that is derived from business activities that are unrelated to their exempt purposes. Management has determined that the organization is not subject to unrelated business income tax. Management believes that the organization has appropriate support for any tax positions taken in its annual filing and does not have any uncertain tax positions that are material to the financial statements. The organizations forms 990 are no longer subject to tax examination for years before 2021.

Schedule D, Page 4, Part XI, Line 2D

Special event expenses 12,351 memorial house rent expenses 162,962

Schedule D, Page 4, Part XII, Line 2D

Special event expenses 12,351 memorial house rent expenses 162,962

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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/Desc0EDUCATION & ADVOCACY PRESERVATION UTAHS ADVOCACY AND EDUCATION PROGRAMS ARE AT THE HEART OF OUR MISSION TO PROTECT AND CELEBRATE UTAHS ARCHITECTURAL AND HISTORICAL TREASURES. WE WORK WITH ELECTED OFFICIALS, ADMINISTRATORS, AND PROPERTY OWNERS TO PROMOTE PRESERVATION-ORIENTED PUBLIC POLICIES, SUPPORT RELEVANT LEGISLATION, AND DEVELOP CREATIVE, SUSTAINABLE SOLUTIONS. OUR EFFORTS GO BEYOND PROTECTING BUILDINGSWE STRIVE TO PRESERVE THE STORIES, CULTURE, AND HISTORY THAT DEFINE UTAH. WE EDUCATE THE PUBLIC ABOUT THE STATES HISTORIC BUILT ENVIRONMENT AND CULTURAL RESOURCES THROUGH LECTURES, TOURS, AND CULTURAL EVENTS. BY ACTIVELY ENGAGING THE COMMUNITY, WE EMPOWER INDIVIDUALS AND GROUPS TO TAKE OWNERSHIP OF THEIR LOCAL HERITAGE, ENSURING THAT PRESERVATION EFFORTS RESONATE ACROSS GENERATIONS. OUR ANNUAL PRESERVATION CONFERENCE IS UTAHS PREMIER GATHERING FOR PRESERVATION PROFESSIONALS, TECHNICAL EXPERTS, STUDENTS, PROPERTY OWNERS, AND THE PUBLIC. IT PROVIDES A UNIQUE OPPORTUNITY TO NETWORK, LEARN, AND COLLABORATE ON THE FUTURE OF HISTORIC PRESERVATION IN OUR STATE.
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