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Utah · Nonprofit

SALT LAKE MUSIC SCHOOL FOUNDATION

SALT LAKE MUSIC SCHOOL FOUNDATION (Utah) receives grants from 32 organizations whose IRS filings report $1,747,336 to it, the largest being THE PI FOUNDATION INC ($600,000). 12 of them have funded it in more than one year, and 64% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$1.4M
Funders on record
32
Grants received
$1.7M
Net assets
$897k
12/32 repeat funderspeak grant-dependency 20%
01What it does

What Salt Lake Music School Foundation does

Mission

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

As stated on its FY2024 Form 990.

Programs

  1. Conservatory: the conservatory is a prestigious,international-level program designed for passionate and dedicated music students aged eight to eighteen. Admittance is by audition only, ensuring that each student joins a community of like-minded peers who share a deep commitment to their craft. The program offers an inspired learning environment where students are not only guided by world-renowned faculty but are also motivated by the collective excellence of their fellow students. During fy25, the conservatory program expanded curriculum, developed partnerships, hosted 13 renowned musicians for masterclasses, and graduated 10 seniors with a 100% college acceptance rate. Conservatory students earned many state, national, and international competitive distinctions.

    $335,017 spentof which $300 as grants$116,804 earned by the program
    32% of program spending
  2. Music academy: the music academy program offers individual and group lessons available for twelve instruments. Lessons are designed to inspire, challenge, and nurture every student. With expert instruction both online and in-person, students enjoy a personalized learning experience that fits their schedule and goals. During fy25, music academy provided over 6,000 private lessons and 244 group class sessions, representing participation from 176 families. Music academy also strengthened its preschool, jazz, and suzuki courses.

    $514,647 spent$390,657 earned by the program
    49% of program spending
  3. Grit: grit (growth, resilience, instinct, tenacity), is a program that delivers daily,high-quality music instruction to nearly 500 students at three title I partner schools. Grit helps close the opportunity gap by providing life-changing access to music education for at-risk youth. Students show measurable academic and personal growth. Grit instruction emphasizes effort, curiosity, and growth over pressure.

    $185,924 spent$110,872 earned by the program
    18% of program spending
  4. Other programs

    $22,180 spent$4,003 earned by the program
    2% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,057,768.

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 ($626k) Expenses 100 ($650k) Net assets 100 ($64k)2021 Revenue 153 ($958k) Expenses 175 ($1.1M) Net assets 838 ($538k)2022 Revenue 259 ($1.6M) Expenses 177 ($1.1M) Net assets 1608 ($1.0M)2023 Revenue 225 ($1.4M) Expenses 261 ($1.7M) Net assets 1162 ($745k)2024 Revenue 231 ($1.4M) Expenses 201 ($1.3M) Net assets 1398 ($897k)
20172021202220232024
Revenue (231)Expenses (201)Net assets (1398)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 2022 to 2023, from $2.0M to $1.6M (−19%).

$68k
$2.0M
$2.0M
$1.6M
$1.6M
20172021202220232024
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
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 21% · 2023 1% · 2024 6%. Grants only. Government contracts and fees sit inside program revenue.

59% of SALT LAKE MUSIC SCHOOL FOUNDATION’s revenue is contributions — about as donation-reliant as the typical peer (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 5 reported years ran a deficit.

−$24k
’17
−$180k
’21
$473k
’22
−$287k
’23
$141k
’24
1.2
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.

Board chair

Diana Peterson

Chair

As listed on its FY2024 Form 990.

20172021202220232024
Listed1215151512
Joined··+0+0+6
No longer listed··009
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 5 funders to 15 funders, grant income rose $42k → $280k.

8 of 32 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 64% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of SALT LAKE MUSIC SCHOOL FOUNDATION’s funders (the co-funder graph). Top 30 of 32 funders by total. 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

SALT LAKE MUSIC SCHOOL FOUNDATION has a broad base — no single funder exceeds 34% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

70% 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 SALT LAKE MUSIC SCHOOL FOUNDATION.

34%
largest funder
58%
top three
~6
effective funders

Largest funder’s share by year: 2017 72% · 2018 78% · 2019 94% · 2020 35% · 2021 29% · 2022 26% · 2023 25% — 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.

How long its funders stay

50% of SALT LAKE MUSIC SCHOOL FOUNDATION's funders are still giving 3 years after their first grant; 38% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

64% of SALT LAKE MUSIC SCHOOL FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $634k that is directly attributable, 85% of it comes from Utah funders.

WA
MN
NY
OR
UT
TX

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. $1.1M arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

SALT LAKE MUSIC SCHOOL FOUNDATION runs a healthier operating margin than half of the 5,127 arts & culture nonprofits its size.

Operating margin10% · above the median
Months of reserve1.2mo · bottom quartile
Revenue growth (annualized)13% · above the median

this organization peer median middle 50% of peers· 5,127 arts & culture nonprofits $1M–$10M, FY2024

Government funding SALT LAKE MUSIC SCHOOL FOUNDATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $105k on record.

Federal$105k
grants $105kcontracts $0
19
20
23
24
Top agencies
  • National Endowment for the Arts$105k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like SALT LAKE MUSIC SCHOOL FOUNDATION

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.

Where the money goes

79% of spending goes to programs.

Program 79%Management 14%Fundraising 7%

Governance

10
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

63%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

UT

Screen this organization

A dated, signed PDF of the compliance screen for SALT LAKE MUSIC SCHOOL FOUNDATION: 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 SALT LAKE MUSIC SCHOOL FOUNDATION?
SALT LAKE MUSIC SCHOOL FOUNDATION (Utah) receives grants from 32 organizations whose IRS filings report $1,747,336 to it, the largest being THE PI FOUNDATION INC ($600,000). 12 of them have funded it in more than one year, and 64% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does SALT LAKE MUSIC SCHOOL FOUNDATION have?
IRS filings report 32 organizations giving $1,747,336 in grants to SALT LAKE MUSIC SCHOOL FOUNDATION, 12 of which have funded it in more than one year.
Who is the largest funder of SALT LAKE MUSIC SCHOOL FOUNDATION?
THE PI FOUNDATION INC is the largest funder on record, with $600,000 in grants. The full list of funders is on this page.
How can an organization like SALT LAKE MUSIC SCHOOL FOUNDATION 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 Salt Lake Music School →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 32 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