NonprofitsSalt Lake Music School Foundation

Arts, Culture & Humanities

Salt Lake Music School Foundation

SLC, UT

Total revenue

$1.4M

Total expenses

$1.3M

Net assets

$897K

Grants received

$648K

24 grants

EIN

263463598

Tax year

2023

Mission

Gifted music school nurtures the artistry, character, and skills vital to a healthy community through exceptional comprehensive music education.

Programs

2 programs

Preparatory: the preparatory program served 200 students last year and offers the same world-class training found in the conservatory to students of all levels. It has become a highly sought-after community resource for tuition-based music training, with demand exceeding available space. Offerings include early childhood music education, theory and musicianship classes, ensemble training, and private lessons in piano, violin, viola, cello, bass, voice, flute, trumpet, clarinet, bassoon, oboe, guitar, and ukulele. Needs-based scholarships are available.

Expenses: $528K

Grit: project grit served 445 students last year and brings world-class music education to the most at-risk children, tuition-free. Working with the salt lake county board of education and salt lake school district, we identified mountain view elementary as an ideal starting location and have since expanded to guadalupe school and city academy. These public title i schools serve some of the most diverse, economically impacted student populations in the state.

Expenses: $191K

Financials

FY 2023

Revenue

Contributions & grants$852K
Program service revenue$617K
Investment income$2K
Other revenue
Total revenue$1.4M

Expenses

Grants paid$2K
Salaries & benefits$966K
Fundraising$85K
Other expenses$308K
Total expenses$1.3M
Total assets$1.6M
Net assets$897K

People

12 listed

NameRoleCompensation

EUGENE WATANABE

EXECUTIVE D

Board

$88K

70 hrs/wk

JUSTIN MORGAN

EXECUTIVE DI

Board

$57K

40 hrs/wk

DIANA PETERSON

CHAIR

Board

20 hrs/wk

RICHARD TAYLOR

VICE CHAIR

Board

4 hrs/wk

SAM ANDERSON

TREASURER

Board

3 hrs/wk

ART DUMMER

PAST CHAIR

Board

20 hrs/wk

DEBORAH MOENCH

BOARD MEMBER

Board

30 hrs/wk

KAREN PETERSON

BOARD MEMBER

Board

1 hrs/wk

BARRY BICKMORE

BOARD MEMBER

Board

1 hrs/wk

RACHAEL IVORY

BOARD MEMBER

Board

1 hrs/wk

GREG TRIMBLE

BOARD MEMBER

Board

5 hrs/wk

JOSH WHISENANT

BOARD MEMBER

Board

7 hrs/wk

Grants received

Showing 24 of 24

FromAmountPurposeYear
$39K
UNRESTRICTED
2024
$25K
Music education in Title 1 schools
2024
$70K
UNRESTRICTED
2023
$50K
GENERAL SUPPORT
2023
$50K
Project GRIT - music lessons for at-risk youth
2023
$39K
For grant recipient's exempt purposes
2023
$13K
OPERATING FUND AND GENERAL ASSISTANCE
2023
$8K
ARTS, CULTURE & HUMANITIES
2023
$250
MATCHING GIFTS
2023
$29K
UNRESTRICTED
2022
$25K
For grant recipient's exempt purposes
2022
$5K
Charitable
2022
$31K
UNRESTRICTED
2021
$25K
For grant recipient's exempt purposes
2021
$25K
For grant recipient's exempt purposes
2021
$38K
Unrestricted
2020
$27K
For grant recipient's exempt purposes
2020
$34K
For grant recipient's exempt purposes
2019
$14K
For grant recipient's exempt purposes
2018
$6K
Unrestricted
2018
$75K
Music education
2017

Funded by

$648K from 10 funders · 24 grants · 2017–2024

Network For Good

$212K · 6 grants · 2018–2024

Fidelity Investments Charitable Gift Fund

$189K · 7 grants · 2018–2023

The Moody Endowment

$75K · 1 grant · 2017

Beverley Taylor Sorenson Foundation

$75K · 2 grants · 2023–2024

The Community Foundation of Utah

$50K · 1 grant · 2023

Salt Lake Arts Council Foundation

$20K · 3 grants · 2019–2023

Grapevine giving foundation

$13K · 1 grant · 2023

Details

EIN263463598
NTEE codeA25
Subsection03
Ruling date2021-11
Formed2009
Employees61
Volunteers200
SALT LAKE MUSIC SCHOOL FOUNDATION — Mission, Financials & Grants Received | Grantivo