University Of Utah Asia Campus is located in Salt Lake City, UT. The organization was established in 2015. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2022, University Of Utah Asia Campus employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Utah Asia Campus 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 06/2022, University Of Utah Asia Campus generated $11.5m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 21.6% each year . All expenses for the organization totaled $9.4m during the year ending 06/2022. While expenses have increased by 14.5% per year over the past 3 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATIONAL ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
TUITION FEES AND RELATED EXPENSES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brian Gibson Chair,president,chief Global Officer | OfficerTrustee | 10 | $0 |
Michael L Hardman Director | Trustee | 1 | $0 |
Thomas Chase Hagood Director | Trustee | 1 | $0 |
Martha S Bradley Director | Trustee | 1 | $0 |
Andrew S Weyrich Director | Trustee | 1 | $0 |
Erin W Rothwell Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,090,294 |
All other contributions, gifts, grants, and similar amounts not included above | $21,051 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,111,345 |
Total Program Service Revenue | $9,774,663 |
Investment income | $481 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $11,524,178 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $459,106 |
Grants and other assistance to Foreign Orgs/Individuals | $1,472,590 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $90,858 |
Compensation of current officers, directors, key employees. | $90,858 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,823,555 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $307,200 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $40,625 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $359,645 |
Advertising and promotion | $702,626 |
Office expenses | $284,711 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $150,212 |
Travel | $220,513 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $348,924 |
Insurance | $134,265 |
All other expenses | $307,646 |
Total functional expenses | $9,428,539 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $610,489 |
Savings and temporary cash investments | $3,011,343 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $926,593 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $31,610 |
Net Land, buildings, and equipment | $1,094,426 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $5,674,461 |
Accounts payable and accrued expenses | $190,164 |
Grants payable | $0 |
Deferred revenue | $276,776 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $800,283 |
Total liabilities | $1,267,223 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $4,407,238 |
Total liabilities and net assets/fund balances | $5,674,461 |