Utah Symphony & Opera is a 501(c)(3) organization based in Salt Lake Cty, Utah, registered in 1975, with $26,184,966 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$26.2M
▲ 4.3% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$27.6M
Net assets
$58.4M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Utah Symphony & Opera— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Utah Symphony & Opera: 25 mo reserves · -5% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Utah Symphony & Opera— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Utah Symphony & Opera: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $20.5M (FY2013) to $26.2M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-5.2%
Spent more than it raised in the latest fiscal year.
Total assets
$63.0M
Total liabilities
$4.6M
Net assets
$58.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $26,184,966▲4.3% | $27,556,044▲2.4% | $58,447,033▲7.1% | $63,004,119▲6.1% | 990 |
| 2022 | $25,099,983▲1.3% | $26,912,520▲10.7% | $54,586,429▼3.1% | $59,399,593▼0.3% | 990 |
| 2021 | $24,774,076▲0.7% | $24,306,191▲37.8% | $56,314,670▼7.6% | $59,593,434▼8.6% | 990 |
| 2020 | $24,613,086▲30.6% | $17,639,245▼2.8% | $60,929,240▲33.8% | $65,182,568▲30.7% | 990 |
| 2019 | $18,844,281▼31.4% | $18,153,763▼22.2% | $45,535,173▲6.6% | $49,887,309▲5.2% | 990 |
| 2018 | $27,489,587▲24.7% | $23,321,569 | $42,701,444▲4.8% | $47,405,494▲3.5% | 990 |
| 2017 | $22,040,436▼0.7% | $23,328,532▲3.7% | $40,759,998▲2.1% | $45,797,546▲3.8% | 990 |
| 2016 | $22,203,175▼1.6% | $22,506,582▲1.5% | $39,918,004▼5.1% | $44,141,127▼2.9% | 990 |
| 2015 | $22,559,921▲11.6% | $22,182,864▲9.1% | $42,080,985▲2.1% | $45,465,319▲0.1% | 990 |
| 2014 | $20,212,455▼1.4% | $20,335,607▲0.1% | $41,225,137▼3.1% | $45,434,507▼3.6% | 990 |
| 2013 | $20,509,183 | $20,312,911▲4.9% | $42,539,468▲10.5% | $47,128,990▲12.0% | 990 |
| 2012 | — | $19,365,470▲4.5% | $38,509,075▼0.8% | $42,095,296▼1.3% | 990 |
| 2011 | — | $18,534,783▼0.6% | $38,816,203▲9.6% | $42,630,186▲8.2% | 990 |
| 2010 | — | $18,652,199▲9.3% | $35,401,350▲14.3% | $39,408,874▲12.8% | 990 |
| 2009 | — | $17,071,646 | $30,961,695 | $34,945,731 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
88 grants to Utah Symphony & Opera totaling $5.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
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Data for Utah Symphony & Opera (EIN 51-0145980) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.