Civic Intelligence

Utah Valley Arts

EIN 93-0610838 • 501(c)3 • Lehi, UT

Profile

Support the arts in utah.

913 East Cedar Hollow RoadLehi, UT 84043
Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

76th percentile

22%

Higher net margin than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

88th percentile

60%

Faster asset growth than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

54th percentile

0.7%

Faster revenue growth than 54% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$144,892

Up $54,143 (+60%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$144,892

Up $54,143 (+60%) from 2022

Revenue

Up

$241,725

Up $1,677 (+0.7%) from 2022

Expenses

Up

$187,582

Up $19,400 (+12%) from 2022

Net Income

Down

$54,143

Down $17,723 (-25%) from 2022

Trend Graphs

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2019: $10,547Liabilities 2019: $0Net Assets 2019: $10,5472019Assets 2020: $21,817Liabilities 2020: $0Net Assets 2020: $21,8172020Assets 2022: $90,749Liabilities 2022: $0Net Assets 2022: $90,7492022Assets 2023: $144,892Liabilities 2023: $0Net Assets 2023: $144,8922023

Highlighted filing

2023

Assets$144,892
Liabilities$0
Net Assets$144,892

Operations Trend

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

$300K$200K$100K$0Revenue 2019: $125,293Expenses 2019: $117,386Net Income 2019: $7,9072019Revenue 2020: $134,292Expenses 2020: $123,022Net Income 2020: $11,2702020Revenue 2022: $240,048Expenses 2022: $168,182Net Income 2022: $71,8662022Revenue 2023: $241,725Expenses 2023: $187,582Net Income 2023: $54,1432023

Highlighted filing

2023

Revenue$241,725
Expenses$187,582
Net Income$54,143

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Mar 31, 2023
Signed
Nov 27, 2023
Return Version
2022v5.0
Gross Receipts
$241,725
Mission and Program Overview

Mission

Promote fine arts in the community

Support the arts in utah.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$90,749$144,892▲ $54,143
Total Assets$90,749$144,892▲ $54,143
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$90,749$144,892▲ $54,143
Total Net Assets Fund Balance$90,749$144,892▲ $54,143
Total Liabilities and Net Assets / Fund Balance$90,749$144,892▲ $54,143
Compensation and Service Providers

Board Members and Trustees

NameTitle
Richard ThurmanPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$241,712
Investment Income
$13
Other Revenue
$0
Change in Net Assets
$54,143
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$187,582
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$76,601--$76,601
All Other Expenses$12,584--$12,584
Travel$9,053--$9,053
Other Expenses$5,257--$5,257
Advertising$4,131--$4,131
Fees for Services Accounting$1,754--$1,754
Insurance$1,752--$1,752
Office Expenses$565--$565
Total Functional Expenses$187,582$0$0$187,582
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
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Review is conducted by the board.

Form 990, Page 6, Part VI, Line 19

Documents are available to the public.

Filing and Contact Details

Filer

Filer Name
Utah Valley Arts
EIN
93-0610838
Phone
8013611945
Address
913 EAST CEDAR HOLLOW ROAD, LEHI, UT 84043

Signing Officer

Name
Richard Thurman
Title
President
Phone
8013611945
Signed
2023-11-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Thurman
Formed
2019
Legal Domicile
Ut
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Hunter Pearson LLC
Address
5314 RIVER RUN DR SUITE 300, PROVO, UT 84604
Preparer
William C Hunter
Phone
3852031040
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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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