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Utah · Nonprofit

BioUtah

BioUtah (Utah) receives grants from 2 organizations whose IRS filings report $50,000 to it, the largest being BIOTECHNOLOGY INNOVATION ORGANIZATION ($45,500). 2 of them have funded it in more than one year.

Revenue FY2025
$1.5M
Funders on record
2
Grants received
$50k
Net assets
$229k
2/2 repeat funderspeak grant-dependency 3%
01What it does

What BioUtah does

Mission

BioUtah was created to elevate the stature and influence of Utahs life science community on the national and global stage. The organization serves Utahs medical device, biopharma, natural products and healthcare industries through networking, advocacy and educational programs. BioUtah creates value for its members through events, legislative initiatives and community outreach. BioUtah fosters collaboration within and between industry, government and education to provide growth opportunities through funding, talent acquisition/development and strategic partnerships.

As stated on its FY2025 Form 990.

Programs

  1. BioUtah represents Utahs medical device, biopharma, natural products and healthcare industries. BioUtah serves as a contact point for media, government officials, researchers and students and offers educational and networking events for these groups.

  2. BioUtah presents Utahs life sciences summit which brings together members of the life sciences community such as members of industry, government officials, researchers and students to learn about entrepreneurialism, Utahs regulatory environment, building enterprises in Utah, and the overall state and future of the sector. This years summit had attendees with a broad spectrum of participants from accross the groups we serve.

The 2 programs described on its FY2024 Form 990, listed largest first by expense.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($723k) Expenses 100 ($696k) Net assets 100 ($221k)2018 Revenue 71 ($514k) Expenses 86 ($598k) Net assets 62 ($136k)2019 Revenue 94 ($681k) Expenses 95 ($661k) Net assets 71 ($157k)2020 Revenue 104 ($749k) Expenses 102 ($708k) Net assets 90 ($198k)2021 Revenue 140 ($1.0M) Expenses 130 ($903k) Net assets 138 ($305k)2022 Revenue 205 ($1.5M) Expenses 205 ($1.4M) Net assets 166 ($366k)2023 Revenue 185 ($1.3M) Expenses 177 ($1.2M) Net assets 131 ($289k)2024 Revenue 202 ($1.5M) Expenses 205 ($1.4M) Net assets 147 ($324k)2025 Revenue 201 ($1.5M) Expenses 222 ($1.5M) Net assets 104 ($229k)
'17'18'19'20'21'22'23'24'25
Revenue (201)Expenses (222)Net assets (104)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $625k to $1.1M (+71%).

$381k
$350k
$423k
$441k
$625k
$1.1M
$831k
$833k
$800k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 27% · 2023 16% · 2024 14% · 2025 14%. Grants only. Government contracts and fees sit inside program revenue.

62% of BioUtah’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$28k
’17
−$84k
’18
$20k
’19
$41k
’20
$107k
’21
$61k
’22
$108k
’23
$35k
’24
−$95k
’25
3.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Kelvyn Cullimore

CEO/President

Board chair

Mark Paul

Board Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2018 and FY2019 filings.

'17'18'19'20'21'22'23'24'25
Listed181315161818222018
Joined·+4+7+3+5+6+5+8+1
No longer listed·952361103
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $500 → $9k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
'25*
total
funders
1
2
1
2
2
1
2
2
1

From the IRS filings of BioUtah’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BioUtah leans on a few funders — its largest provides 91% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

91% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BioUtah.

91%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2018 97% · 2019 100% · 2020 94% · 2021 93% · 2022 100% · 2023 94% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

BioUtah draws 91% of its grant income from funders outside Utah, across 2 states in all.

UT
DC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Utah out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

BioUtah has grown faster than half of the 2,127 community improvement nonprofits its size.

Operating margin−7% · bottom quartile
Months of reserve3.2mo · below the median
Revenue growth (annualized)9% · above the median

this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025

Organizations like BioUtah

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Utah

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Governance

16
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

UT

Screen this organization

A dated, signed PDF of the compliance screen for BioUtah: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BioUtah?
BioUtah (Utah) receives grants from 2 organizations whose IRS filings report $50,000 to it, the largest being BIOTECHNOLOGY INNOVATION ORGANIZATION ($45,500). 2 of them have funded it in more than one year.
How many funders does BioUtah have?
IRS filings report 2 organizations giving $50,000 in grants to BioUtah, 2 of which have funded it in more than one year.
Who is the largest funder of BioUtah?
BIOTECHNOLOGY INNOVATION ORGANIZATION is the largest funder on record, with $45,500 in grants. The full list of funders is on this page.
How can an organization like BioUtah find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Utah. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds BioUtah →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing