Utah Athletic Foundation
Also known as Utah Olympic Legacy Foundation
Utah Athletic Foundation reported $34.4 million in revenue and $38.2 million in expenses for the fiscal year ending April 30, 2025. Of every $100 it spent, $93.30 went to program services, $6.57 to management and general costs and $0.13 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 69.3% of the total. The highest compensation it reported for one person was $362,624 (PRESIDENT & CEO). 11 people received more than $100,000 in reportable compensation. Revenue rose 93% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending April 30, 2025 · Form 990, Part IX, line 25 · total expenses $38MFor context, the median across 237 covered recreation & sports charities: $88.05 programs, $10.89 management, $1.06 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending April 30, 2025 · Form 990, Part VIII · total revenue $34MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 93.3% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 6.6% | 10.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.1% | 1.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.01 | $0.05 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 20.3% | 25.2% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 1.3% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 69.3% | 61.0% |
| Highest reported compensation Part VII-A, columns D–F | $362,624 | $365,322 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.95% | 2.14% |
| People paid over $100,000 Part VII, line 2 | 11 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 45.0 | 14.9 |
| Independent voting board members Part VI 1a–1b | 14 of 14 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseFacility operations and external athlete training: primary facility achievements of the Utah Athletic Foundation include maintenance and enhancement of the utah olympic park, the utah olympic oval, and soldier hollow nordic center, the three training facilities for the olympic winter sports of freestyle, bobsled, skeleton, luge, figure skating, speed skating, curling, hockey and nordic skiing
Youth sport programs and sport events: the utah olympic park, the utah olympic oval and soldier hollow nordic center offer high quality winter sport development programs for youth that embrace long term athlete development principles and that get people of all ages and abilities active in sport. These programs showcase our locally trained athletes and involve our local communities
Public programs and activities: the utah olympic park, the utah olympic oval and soldier hollow nordic center have experienced increased public use of programs, such as public skate sessions, bobsled and skeleton rides, public nordic skiing lessons and public tours. These significant increases reflect a growing awareness and interest in our venue offerings
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CEO Officer, 45.00 hrs/week | $336,681 | $0 | $25,943 | $362,624 |
| CHIEF OPERATING OFFICER Officer, 45.00 hrs/week | $231,910 | $0 | $23,203 | $255,113 |
| CHIEF FINANCIAL OFFICER Officer, 45.00 hrs/week | $216,970 | $0 | $23,801 | $240,771 |
| CHIEF REVENUE OFFICER Officer, 45.00 hrs/week | $212,774 | $0 | $12,339 | $225,113 |
| EXEC DIR - PARK CITY SKI & SNOWBOARD Officer, 45.00 hrs/week | $203,224 | $0 | $17,257 | $220,481 |
| HIGHEST COMPENSATED EMPLOY Highest compensated employee, 40.00 hrs/week | $172,326 | $0 | $23,088 | $195,414 |
| HIGHEST COMPENSATED EMPLOY Highest compensated employee, 40.00 hrs/week | $132,283 | $0 | $21,899 | $154,182 |
| HIGHEST COMPENSATED EMPLOY Highest compensated employee, 40.00 hrs/week | $149,200 | $0 | $4,307 | $153,507 |
11 people received more than $100,000 in reportable compensation from Utah Athletic Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.2M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b14 · 14 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5938
- Volunteers Part I, line 6610
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| JACOBSON CONSTRUCTION Building contractor | $6,556,396 |
| BISON EXCAVATION Excavation services | $463,039 |
| JARADS LLC Janitorial | $271,714 |
| UTAH DEVELOPMENT AND CONSTRUCTION Consulting | $149,070 |
| ELLIOTT WORKGROUP Consulting | $110,209 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to Utah Athletic Foundation totaling $458 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Utah Athletic Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Utah Athletic Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Utah Athletic Foundation spent in FY2025, $93.30 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- PGA Tour First Tee FoundationPonte Vedra Beach, FL · revenue $34M · programs 74.7% · 2024
- Cowboy AthleticsStillwater, OK · revenue $36M · programs 97.4% · 2024
- Chess Club and Scholastic Center of St LouisSt Louis, MO · revenue $31M · programs 71.8% · 2024
- Toastmasters InternationalEnglewood, CO · revenue $36M · programs 67.2% · 2024
- US National Whitewater CenterCharlotte, NC · revenue $31M · programs 94.7% · FY2025
All recreation & sports charities · Largest charities in Utah
Questions people ask
How much of Utah Athletic Foundation's spending goes to programs?
In the fiscal year ending April 30, 2025, Utah Athletic Foundation reported that 93.3% of its $38.2 million in expenses went to program services, 6.6% to management and general and 0.1% to fundraising (Form 990, Part IX).
How much does Utah Athletic Foundation pay its top executive?
The largest total compensation Utah Athletic Foundation reported for one person in the fiscal year ending April 30, 2025 was $362,624, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Utah Athletic Foundation get its money?
Of $34.4 million in revenue in the fiscal year ending April 30, 2025, 20.3% came from contributions and grants (including 1.3% from government grants) and 69.3% from program service revenue (Form 990, Part VIII).
Is Utah Athletic Foundation a registered charity?
The IRS lists EIN 84-1367913 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending April 30, 2025, object 202620729349300442 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending April 30, 2024, object 202510749349300601 · read the filing
- FY2023: Form 990 for the fiscal year ending April 30, 2023, object 202400739349301440 · read the filing
- FY2022: Form 990 for the fiscal year ending April 30, 2022, object 202301029349300525 · read the filing
- FY2021: Form 990 for the fiscal year ending April 30, 2021, object 202240749349301824 · read the filing
- FY2020: Form 990 for the fiscal year ending April 30, 2020, object 202140699349300449 · read the filing
All filings for EIN 84-1367913: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.