Salt Lake Figure Skating
- Assets
- $262.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 03/2006
- Data as of
- 06/2024
- EIN
- 02-0715508
Organization Overview
Salt Lake Figure Skating is located in Salt Lake City, UT. The organization was established in 2006. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salt Lake Figure Skating is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Salt Lake Figure Skating generated $115.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $102.6k during the year ending 06/2024. While expenses have increased by 1.8% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE CHILDREN AND PARENTS ORGANIZED FRAMEWORK FOR THE ACTIVITIES SURROUNDING THE SPORT OF AMATEUR FIGURE SKATING. THE MISSION OF SALT LAKE FIGURE SKATING IS TO INSPIRE OUR MEMBERS TO ACHIVE THEIR HIGHEST POTENTIAL AS SKATERS AND SUPPORTS OF THE FIGURE SKATING COMMUNITY.
Describe the Organization's Program Activity:
Part 3
SALT LAKE FIGURE SKATING HOLDS SKATING AND OTHER EVENTS IN THE COMMUNITY TO INCREASE AWARENESS OF THE SPORT OF AMATEUR FIGURE SKATING. THESE EVENTS ALSO PROVIDE AN ECONOMIC BENEFIT TO THE STATE OF UTAH FROM OUT-OF-STATE VISITORS UTILIZING LOCAL HOTELS, RESTAURANTS AND OTHER LOCAL BUSINESSES.
CLUB ICE: THE CLUB PROVIDES APPROXIMATELY 36 HOURS OF CLUB ICE SESSIONS FOR ALL CLUB MEMBERS TO USE AT NO COST FOR PRACTICE, TRAINING, AND INSTRUCTION. APPROXIMATELY 65 CLUB MEMBERS BENEFITED.
THE CLUB OPERATES A LOW COST, FIGURE SKATING GROUP LESSON PROGRAM FOR BEGINNER LEVEL SKATERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stella Liu Vice President | 1 | $0 | |
Trina Ranin President | 1 | $0 | |
Nara Aleksanyan Secretary | 1 | $0 | |
Amy Earl Treasurer | 1 | $0 | |
Michelle Thomson Competition Cha | 1 | $0 | |
Stephanie Gibon Testing Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,014 |
| Total Program Service Revenue | $0 |
| Membership dues | $6,684 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $115,698 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $9,870 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $92,765 |
| Total expenses | $102,635 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $262,463 |
| Other assets | $0 |
| Total assets | $262,463 |
| Total liabilities | $3,100 |
| Net assets or fund balances | $259,363 |