Form 990 for tax year 2024
Filed by UTAH ARTS ACADEMY FOUNDATION INC.
This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.
What the amendment changed
Compared with the latest return for 2024 , filed 9 January 2026. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Total revenue
- $27,951 changed to $4,781
- Contributions and grants received
- $18,000 changed to $0
- Other revenue
- $9,951 changed to $4,781
- Total assets, end of year
- $260,716 changed to $265,497
- Net assets or fund balances, end of year
- $260,716 changed to $265,497
Totals
- Total revenue
- $27,951
- Total expenses
- $0
- Contributions and grants received
- $18,000
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $9,951
- Total assets, end of year
- $260,716
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $260,716
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$18,000
-
6a · Gross rents
real property $14,100
-
6b · Less rental expenses
real property $4,149
-
6c · Rental income or loss
real property $9,951
-
6d · Net rental income or loss
total $9,951 · excluded $9,951
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,765 · end of year $29,716
-
10a · Land, buildings and equipment: cost or other basis
$231,000
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $231,000 · end of year $231,000
-
27 · Net assets without donor restrictions
beginning of year $232,765 · end of year $260,716
Mission and programs · 2024
Mission
Support Utah Arts Academy.
-
Support Utah Arts Academy.
As filed on the 2024 return.
Listed in Part VII
-
Nelson Hafen
Chair
- Total calculated
- $0
- Hours/week
- 0 + 3 related
-
John Sato
Board Member
- Total calculated
- $0
- Hours/week
- 0 + 3 related
-
Drew Williams
Principal
- Total calculated
- $146,895
- From this org
- $0
- From related orgs
- $118,831
- Other
- $28,064
- Hours/week
- 1 + 50 related
-
Kent Brown
Finance Director
- Total calculated
- $156,455
- From this org
- $0
- From related orgs
- $106,208
- Other
- $50,247
- Hours/week
- 1 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $106,208 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $22,455 related
- Nontaxable benefits
- $0 + $27,792 related
- Filer's total
- $0 + $156,455 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(c)(3) · Education · UT
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 9 January 2026
- IRS schema version
- 2024v5.5
- Source object
- 202600239349300505
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