2025-04-11T14:30:45-04:00 2024-05-31 460952065 BOUNTIFUL PEAK ADVISORS 1564 SOUTH 500 WEST SUITE 201 BOUNTIFUL UT 840107400 990 2023-06-01 263463598 SALT LAKE MUSIC SCHOOL FOUNDATION SALT 3852227787 182 S 600 E SALT LAKE CITY UT 84102 EUGENE WATANABE EXECUTIVE DIRECTOR 3852227787 2024-04-11 true true SHALAUN T HOWELL CPA P00969274 8012943155 2025-04-11 2023 2025-03-06 01:10:19Z EUGENE WATANABE 182 SOUTH 600 EAST SALT LAKE CITY UT 84102 1616535 false X HTTP://GIFTEDMUSICSCHOOL.ORG X 2009 UT GIFTED MUSIC SCHOOL NURTURES THE ARTISTRY, CHARACTER, AND SKILLS VITAL TO A HEALTHY COMMUNITY THROUGH EXCEPTIONAL COMPREHENSIVE MUSIC EDUCATION. 10 10 61 200 0 863235 851613 542013 616741 4845 2303 -23405 1410093 1447252 1500 0 1242799 966260 30000 85207 454614 308320 1697413 1306080 -287320 141172 1610994 1628475 865516 731180 745478 897295 GIFTED MUSIC SCHOOL NURTURES THE ARTISTRY, CHARACTER, AND SKILLS VITAL TO A HEALTHY COMMUNITY THROUGH EXCEPTIONAL COMPREHENSIVE MUSIC EDUCATION. false false 318301 1500 CONSERVATORY: OUR FLAGSHIP PROGRAM, THE CONSERVATORY SERVED 40 STUDENTS LAST YEAR AND IS NOW COMPETITIVE WITH THE TOP THREE PRE-COLLEGIATE CLASSICAL MUSIC PROGRAMS IN THE NATION, PRODUCING AS MANY ACCEPTANCES TO THE BEST POST-SECONDARY CONSERVATORIES PER CAPITA AS OTHER LEADING PROGRAMS. THOSE WHO MEET ITS RIGOROUS ACCEPTANCE STANDARDS STUDY ON FULL SCHOLARSHIPS. WE ALSO LAUNCHED THE YOUNG COMMUNITY ARTISTS PROGRAM IN COLLABORATION WITH UTAH SYMPHONY UTAH OPERA, EXPANDING CONSERVATORY CLASS OFFERINGS TO ALL STUDENTS. THIS INTENSIVE PROGRAM INCLUDES ORCHESTRAL AND CHAMBER MUSIC TRAINING, THEORY AND MUSICIANSHIP CLASSES, AND COMMUNITY OUTREACH. 527502 568880 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. 191354 47861 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. 1037157 true true false false false false false false false true true false false false false false false false false false false false false true true false false false false false false false false false false false false false true false false false false false false false false true 6 0 61 true false false false false false true false false false false false false false X 10 10 true false false false false false false true false false false true true true true false false true false false UT X EUGENE WATANABE 3852227787 182 S 600 E SALT LAKE CITY UT 84102 EUGENE WATANABE EXECUTIVE D 70.00 X 88478 0 13416 JUSTIN MORGAN EXECUTIVE DI 40.00 X 57200 0 0 DIANA PETERSON CHAIR 20.00 X X 0 0 0 RICHARD TAYLOR VICE CHAIR 4.00 X X 0 0 0 SAM ANDERSON TREASURER 3.00 X X 0 0 0 ART DUMMER PAST CHAIR 20.00 X 0 0 0 DEBORAH MOENCH BOARD MEMBER 30.00 X 0 0 0 KAREN PETERSON BOARD MEMBER 1.00 X 0 0 0 BARRY BICKMORE BOARD MEMBER 1.00 X 0 0 0 RACHAEL IVORY BOARD MEMBER 1.00 X 0 0 0 GREG TRIMBLE BOARD MEMBER 5.00 X 0 0 0 JOSH WHISENANT BOARD MEMBER 7.00 X 0 0 0 145678 13416 false false false 225478 89537 536598 92052 851613 TUITION AND FEES 611610 616689 616689 OTHER 611610 52 52 616741 2303 2303 145878 225478 169283 -23405 -23405 1447252 616741 -21102 1500 1500 140855 60328 75508 5019 734273 644567 51639 38067 35398 32630 327 2441 55734 45144 7803 2787 2168 2168 22189 22189 30000 30000 95886 93977 1909 4173 4173 18261 17520 561 180 11888 9630 1664 594 19883 16261 2720 902 537 537 337 258 79 51361 41602 7190 2569 25007 20256 3501 1250 13664 11068 1913 683 SUPPLIES 16316 16316 MERCHANT FEES 9789 9789 FOOD AND CATERING 4597 3788 596 213 INSTRUMENTS 4185 4185 8079 4165 3491 423 1306080 1037157 183716 85207 84134 128038 54 1500450 112534 1442741 1387916 83910 109663 209 2804 1610994 1628475 18165 9180 840000 714000 8000 7351 865516 731180 X 735449 887266 10029 10029 745478 897295 1610994 1628475 141172 36200 -25555 X false false false X 1201825 477183 1161944 804548 843135 4488635 9000 9000 11500 8478 37978 1210825 486183 1161944 816048 851613 4526613 1606799 2919814 1972 919 4845 2303 10039 25694 44517 70211 4606863 2427621 0.63380 0.88350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 88172 88172 363176 23427 9569 308000 88172 92580 247179 23417 363176 58855 2550 31175 92580 73861 -15006 58855 1.00000 false false 750225 750225 750225 112534 637691 1387916 X X X X X true OUTSOURCING ENGINEERING LLC 12044 HIDDEN VALLEY CLUB DRIVE SANDY UT 84092 GRANTS false 30000 -30000 30000 -30000 GALA 371356 225478 145878 9180 51136 108967 371356 225478 145878 9180 51136 108967 169283 -23405 X CATERING 1 3500 ESTIMATED FMV X AUCTION ITEMS 50 88552 ESTIMATED FMV false false false SCHEDULE M, PAGE 2, PART II THE ORGANIZATION IS REPORTING THE TOTAL NUMBER OF DONATIONS, NOT THE TOTAL NUMBER OF DONATED ITEMS. FORM 990, PAGE 6, PART VI, LINE 2 KAREN PETERSON BARRETT PETERSON BOARD MEMBER BOARD MEMBER MOTHER - SON FORM 990, PAGE 6, PART VI, LINE 8B DURING THE YEAR ENDED 5/31/2024, THE ORGANIZATION DID NOT HAVE ANY COMMITTEES WHICH HAD BEEN GRANTED AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 11B THE ORGANIZATION'S FORM 990 WAS PREPARED BY THE ORGANIZATION'S CPA IN CONSULTATION WITH THE ORGANIZATION'S DIRECTOR OF FINANCE. IT WAS REVIEWED IN DETAIL BY THE ORGANIZATION'S DIRECTOR OF FINANCE, TREASURER AND EXECUTIVE DIRECTOR FOR ACCURACY AND REASONABILITY. A COMPLETE COPY OF THE FORM 990 WAS PROVIDED TO THE ORGANIZATION'S BOARD OF DIRECTORS BEFORE IT WAS FILED. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION PROVIDES A COPY OF ITS CONFLICT OF INTEREST POLICY TO ALL OFFICERS AND DIRECTORS DURING ONBOARDING. IN ADDITION, A COPY IS PROVIDED ANNUALLY. ALL OFFICERS AND DIRECTORS ARE REQUIRED TO REVIEW THE POLICY AND SIGN A DISCLOSURE STATEMENT, WHICH ACKNOWLEDGES AND UNDERSTANDING OF THE POLICY AND DISCLOSES ANY POTENTIAL CONFLICTS OF INTEREST THEY ARE AWARE OF. ALL POTENTIAL CONFLICTS OF INTEREST ARE REVIEWED BY THE EXECUTIVE COMMITTEE TO DETERMINE THE APPROPRIATE ACTION TO BE TAKEN TO ELIMINATE OR MITIGATE RISKS POSED BY THE CONFLICT. THE ORGANIZATION REQUIRES THAT OFFICERS AND DIRECTORS WITH CONFLICT OF INTEREST BE RECUSED FROM THE DELIBERATION AND VOTING RELATED TO A TRANSACTION OR ACTION IN WHICH THEY MAY HAVE CONFLICT. FORM 990, PAGE 6, PART VI, LINE 15A AT THE TIME OR HIRE AND ON AN ANNUAL BASIS FOLLOWING, A COMMITTEE OF THE BOARD OF DIRECTORS ESTABLISHES THE EXECUTIVE DIRECTOR'S COMPENSATION. THE ORGANIZATION REQUIRES THAT NO MEMBER OF THE COMMITTEE HAVE A CONFLICT OF INTEREST RELATED TO THE COMPENSATION ARRANGEMENT. THE COMMITTEE USES SALARY SURVEYS, PUBLICLY AVAILABLE 990S, AND OTHER INFORMATION FOR SIMILAR POSITIONS AND SIMILAR ORGANIZATIONS WITHIN THE REGION TO ESTABLISH A REASONABLE LEVEL OF COMPENSATION. THE COMMITTEE CONTEMPORANEOUSLY DOCUMENTS ITS DISCUSSIONS AND DECISIONS IN COMMITTEE MINUTES. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FORM 990S ARE AVAILABLE UPON REQUEST TO THE ORGANIZATION'S OFFICE. IN ADDITION, THE ORGANIZATION'S 990S FOR THE PAST SEVERAL YEARS ARE AVAILABLE THROUGH GUIDESTAR.ORG AND THE ORGANIZATION'S ARTICLES OF INCORPORATION ARE AVAILABLE THROUGH THE UTAH DEPARTMENT OF COMMERCE DIVISION OF CORPORATIONS AND COMMERCIAL CODE.