Civic Intelligence

Bountiful Davis Art Foundation

990 • Fiscal year 2024 • EIN 94-2771449

Jan 01, 2024 to Dec 31, 2024 • Filed on Mar 21, 2025

90 No Main StreetBountiful, UT 84010

(801) 295-3618

Siviq Scores

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

Liabilities / Assets

88th percentile

0.38x

Higher debt load relative to assets than 88% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

90th percentile

0.33x

Higher debt load relative to revenue than 90% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

15th percentile

-29%

Higher net margin than 15% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

97th percentile

$81,000

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 22.9% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

20th percentile

-27%

Faster asset growth than 20% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

71st percentile

24%

Faster revenue growth than 71% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$305,273

Down $111,109 (-27%) from 2023

Net Assets

Down

$190,101

Down $100,368 (-35%) from 2023

Liabilities

Down

$115,172

Down $10,741 (-8.5%) from 2023

Revenue

Up

$354,072

Up $67,867 (+24%) from 2023

Expenses

Up

$455,128

Up $154,354 (+51%) from 2023

Net Income

Down

-$101,056

Down $86,487 (-594%) from 2023

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2012: $375,339Liabilities 2012: $27,778Net Assets 2012: $347,5612012Assets 2013: $380,841Liabilities 2013: $31,951Net Assets 2013: $348,8902013Assets 2014: $367,262Liabilities 2014: $8,124Net Assets 2014: $359,1382014Assets 2015: $435,179Liabilities 2015: $8,547Net Assets 2015: $426,6322015Assets 2016: $521,464Liabilities 2016: $6,301Net Assets 2016: $515,1632016Assets 2017: $526,495Liabilities 2017: $7,257Net Assets 2017: $519,2382017Assets 2018: $508,660Liabilities 2018: $4,943Net Assets 2018: $503,7172018Assets 2019: $449,696Liabilities 2019: $4,094Net Assets 2019: $445,6022019Assets 2020: $535,193Liabilities 2020: $166,587Net Assets 2020: $368,6062020Assets 2021: $501,591Liabilities 2021: $122,733Net Assets 2021: $378,8582021Assets 2022: $412,153Liabilities 2022: $123,995Net Assets 2022: $288,1582022Assets 2023: $416,382Liabilities 2023: $125,913Net Assets 2023: $290,4692023Assets 2024: $305,273Liabilities 2024: $115,172Net Assets 2024: $190,1012024

Highlighted filing

2024

Assets$305,273
Liabilities$115,172
Net Assets$190,101

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $177,302Expenses 2012: $191,641Net Income 2012: -$14,3392012Revenue 2013: $191,882Expenses 2013: $198,982Net Income 2013: -$7,1002013Revenue 2014: $216,242Expenses 2014: $219,667Net Income 2014: -$3,4252014Revenue 2015: $335,269Expenses 2015: $264,846Net Income 2015: $70,4232015Revenue 2016: $305,113Expenses 2016: $231,076Net Income 2016: $74,0372016Revenue 2017: $230,317Expenses 2017: $241,849Net Income 2017: -$11,5322017Revenue 2018: $235,722Expenses 2018: $248,783Net Income 2018: -$13,0612018Revenue 2019: $194,184Expenses 2019: $276,733Net Income 2019: -$82,5492019Revenue 2020: $192,590Expenses 2020: $282,265Net Income 2020: -$89,6752020Revenue 2021: $318,509Expenses 2021: $308,257Net Income 2021: $10,2522021Revenue 2022: $241,979Expenses 2022: $302,175Net Income 2022: -$60,1962022Revenue 2023: $286,205Expenses 2023: $300,774Net Income 2023: -$14,5692023Revenue 2024: $354,072Expenses 2024: $455,128Net Income 2024: -$101,0562024

Highlighted filing

2024

Revenue$354,072
Expenses$455,128
Net Income-$101,056
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 21, 2025
Return Version
2024v5.0
Gross Receipts
$354,946
Mission and Program Overview

Mission

TO PROVIDE ART EDUCATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$290,469$190,101▼ $100,368
Investments in Publicly Traded Securities$182,627$149,863▼ $32,764
Land, Buildings, and Equipment, Net$85,725$67,089▼ $18,636
Cash and Non-Interest-Bearing Accounts$66,112$6,404▼ $59,708
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$416,382$305,273▼ $111,109
Other Assets Total$81,918$81,917▼ $1
Liabilities
Other Liabilities$121,189$115,172▼ $6,017
Accounts Payable and Accrued Expenses$4,724--
Total Liabilities$125,913$115,172▼ $10,741
Net Assets / Fund Balance
Total Net Assets Fund Balance$290,469$190,101▼ $100,368
Total Liabilities and Net Assets / Fund Balance$416,382$305,273▼ $111,109

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$10,523$146,172$156,695
Leasehold Improvements$50,064$61,195$111,259
Equipment$6,502$24,545$31,047
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sarina EhrgottExecutive DirectorFT$81,000$81,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$158,295
Program Service Revenue
$126,242
Investment Income
$0
Other Revenue
$69,535
All Other Contributions
$155,871
Change in Net Assets
$-101,056
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$241,323
Salaries, Compensation, and Employee Benefits$213,805
Total Fundraising Expense$68,203
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$92,059$14,399$26,347$132,805
Current Officers, Directors, Trustees, and Key Employees$40,500$30,500$10,000$81,000
All Other Expenses$27,591$2,170$10,236$39,997
Fees for Services Legal$18,970$6,425$5,201$30,596
Other Expenses$13,596$4,605$3,728$21,929
Depreciation Depletion$11,554$3,914$3,168$18,636
Office Expenses$6,218$2,106$1,705$10,029
Fees for Services Accounting-$7,949-$7,949
Interest$3,750$1,270$1,028$6,048
Insurance$2,369$803$650$3,822
Advertising$475$161$130$766
Travel$70$24$19$113
Total Functional Expenses$305,199$81,726$68,203$455,128
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Eidl Loan$118,000
Payroll Liabilities$1,673
GIFT CERTIFICATE PAYABL;E$239
Credit Cards Payable$-4,740
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
No
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
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 B, Line 11B

The 990 will be reviewed and approved by the board of directors.

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

Revisit annually and sign. January board meeting revisit grievance policy and how to address.

Form 990, Part VI, Section B, Line 15A

All compensation is reviwed/approved by the board. All salaries are based on the market pay rates.

Form 990, Part VI, Section B, Line 15B

All compensation is reviwed/approved by the board. All salaries are based on the market pay rates.

Form 990, Part VI, Section C, Line 19

Disclosure of governing docs, policies, and financial statements were available to the public during the tax year via the foundation's website.

Filing and Contact Details

Filer

Filer Name
Bountiful Davis Art Foundation
EIN
94-2771449
Phone
8012953618
Address
90 No Main Street, Bountiful, UT 84010

Signing Officer

Name
Sarina Ehrgott
Title
Executive Direc
Signed
2025-03-21
Discuss with paid preparer
Yes

Organization Details

Formed
1974
Legal Domicile
Ut
Voting Board Members
9
Independent Board Members
8
Employees
8
Volunteers
6

Preparer

Firm
HEB Business Advisors
Address
375 South 300 West, Salt Lake City, UT 84101
Preparer
Chesley H Erickson
Phone
8013285000
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

unrealized appreciation on assets = $688

Financial Statement Notes

Part III, Line 4: Description of organization'S collections and how it furthers its purpose.

Bountiful Davis Art Foundation has maintained a collection of several pieces of art over the years. Bountiful Davis Art Foundation frequently places the collection on public exhibit as a part of its mission.

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IRS990/OfficeExpensesGrp/TotalAmt010029
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt081918
IRS990/OtherAssetsTotalGrp/EOYAmt081917
IRS990/OtherChangesInNetAssetsAmt0688
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0EDUCATION PROGRAMS
IRS990/OtherExpensesGrp/Desc1RAP TAX
IRS990/OtherExpensesGrp/Desc2EXHIBITIONS EXPENSES
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/FundraisingAmt05991
IRS990/OtherExpensesGrp/FundraisingAmt13728
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07400
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14605
IRS990/OtherExpensesGrp/ProgramServicesAmt036918
IRS990/OtherExpensesGrp/ProgramServicesAmt121848
IRS990/OtherExpensesGrp/ProgramServicesAmt229281
IRS990/OtherExpensesGrp/ProgramServicesAmt313596
IRS990/OtherExpensesGrp/TotalAmt036918
IRS990/OtherExpensesGrp/TotalAmt135239
IRS990/OtherExpensesGrp/TotalAmt229281
IRS990/OtherExpensesGrp/TotalAmt321929
IRS990/OtherLiabilitiesGrp/BOYAmt0121189
IRS990/OtherLiabilitiesGrp/EOYAmt0115172
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt067947
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt067947
IRS990/OtherRevenueTotalAmt067947
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt026347
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt014399
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt092059
IRS990/OtherSalariesAndWagesGrp/TotalAmt0132805
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0ART EXHIBITIONS
IRS990/ProgramServiceRevenueGrp/Desc1EDUCATION PROGRAM
IRS990/ProgramServiceRevenueGrp/Desc2MUSIC PROGRAM
IRS990/ProgramServiceRevenueGrp/Desc3SUMMERFEST
IRS990/ProgramServiceRevenueGrp/Desc4winter art market
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011303
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt152604
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt215015
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt319602
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt426828
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011303
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt152604
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt215015
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt319602
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt426828
IRS990/ProgSrvcAccomActy2Grp/Desc0ART INSTRUCTION CLASSES - TAUGHT BY PROFESSIONALS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt036918
IRS990/ProgSrvcAccomActy3Grp/Desc0ART EXHIBITIONS - THROUGHOUT THE YEAR
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt029281
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SUMMERFEST INTERNATIONAL - ANNUAL COMMUNITY EVENT FEATURING LOCAL ARTISTS AND INTERNATIONAL DANCE GROUPS
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt016153
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0129267
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0153451
IRS990/PYOtherRevenueAmt041021
IRS990/PYProgramServiceRevenueAmt0115917
IRS990/PYRevenuesLessExpensesAmt0-14569
IRS990/PYSalariesCompEmpBnftPaidAmt0147323
IRS990/PYTotalExpensesAmt0300774
IRS990/PYTotalRevenueAmt0286205
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-101056
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0290469
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0190101
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0158295
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0129267
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0112367
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0120891
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0108405
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0629225
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt031800
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt031800
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt031800
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt031800
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt031800
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt0159000
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0788225
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0190095
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0161067
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0144167
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0152691
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0140205
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0788225
IRS990ScheduleA/TotalSupportAmt0788225
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt06502
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024545
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt031047
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt050064
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt061195
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0111259
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt010523
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0146172
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0156695
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0-4740
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1118000

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.05$1.15$1.90$3.54$4.55$1.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.16$1.26$2.90$2.86$3.01$0.15
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.12$1.24$2.88$2.42$3.02$0.60
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.02$1.23$3.79$3.19$3.08$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.35$1.67$3.69$1.93$2.82$0.90
2019Detailed filing. Detailed filing data is available for this year.$4.50$0.04$4.46$1.94$2.77$0.83
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.09$0.05$5.04$2.36$2.49$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.26$0.07$5.19$2.30$2.42$0.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.21$0.06$5.15$3.05$2.31$0.74
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.35$0.09$4.27$3.35$2.65$0.70
2014Detailed filing. Detailed filing data is available for this year.$3.67$0.08$3.59$2.16$2.20$0.03
2013Detailed filing. Detailed filing data is available for this year.$3.81$0.32$3.49$1.92$1.99$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.75$0.28$3.48$1.77$1.92$0.14