Salt Lake Music School Foundation

Arts & Culture · Slc, Utah

182 S 600 E, Slc, UT 84102-2060

EIN: 263463598· Founded: Nov 2021· 5 years active· Filing Year: 2023

Annual Revenue

$1.4M

Total Expenses

$1.7M

Total Assets

$1.6M

Program Spending

32%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$239K

14.1% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$852K

Total Payroll

$1.1M

64% of total expenses

Where the Money Goes

32%

Programs: 32%

Payroll: 64%

Other overhead: 68%

Program Revenue$542K (38%)

Total Expenses$1.7M (100%)

Payroll$1.1M (64%)

Overhead (non-program)68%

Trust Score Breakdown

Program Spending Ratio

32% of expenses go to programs

40%

Revenue & Stability

$1.4M annual revenue

15%

Executive Compensation

$239K total officer comp (14.1% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$1.6M in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.