Better Business Bureau Report for
Utah Arts Festival Foundation

Better Business Bureau Report issued October 2017
Better Business Bureau Report expires October 2019


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Utah Arts Festival Foundation
Address: 230 South 500 West Ste 120
  Salt Lake City, UT 84101
Phone: 801-322-2428
Web Address: uaf.org
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Better Business Bureau Comments

Year, State Incorporated: 1979, Utah
Affiliates: None
Stated Purpose: "to promote the arts and enhance the quality of life in Utah through the production of an annual outdoor, multi-disciplinary event in downtown Salt Lake City."

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Evaluation Conclusions

              

Utah Arts Festival Foundation (UAFF) meets the 20 Standards for Charity Accountability.
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Programs

              

The organization strives to maintain the highest artistic quality in our production and programming, represent excellence among a range of artistic mediums, and promote an appreciation for fine art while encouraging innovation in the field, and supporting the creation of non-traditional, contemporary works.

For the fiscal year ended September 30, 2016, UAFF's program expenses were:

  
Festival Production Costs 1,990,933
Total Program Expenses: $1,990,933
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Governance

              

Chief Executive : Lisa Sewell, Executive Director
Compensation*: 
$90,668

Chair of the Board: Jason Kimura
Chair's Profession / Business Affiliation: Mortage Loan Consultant

Board Size: 13

Paid Staff Size: 5

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

direct mail, invitations to fund raising events, grant proposals, internet, membership
Fund raising costs were 3% of related contributions. (Related contributions, which totaled $2,104,780, are donations received as a result of fund raising activities.)
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              

The following information is based on UAFF's audited financial statements for the fiscal year ended September 30, 2016.

Source of Funds  
Festival Admissions & Concessions 930,659
Contributions - in kind 429,664
Grants 237,000
Salt Lake County Zoo, Arts & Parks funds 222,452
Contributions - cash 214,579
Fundraising Events 70,426
Other Income 23,566
Realized & unrealized gains (losses) on investments 9,525
Interest Income 4,831
Total Income $2,142,702


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Uses of Funds as a % of Total Expenses

Programs: 92%  Fund Raising: 3%  Administrative: 5% 

Total income $2,142,702
Program expenses $1,990,933
Fund raising expenses 55,930
Administrative expenses 118,352
Total expenses $2,165,215
Expenses in Excess of Income (22,513)
Beginning net assets 236,122
Ending net assets 213,609
Total liabilities 113,627
Total assets $327,236


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

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