Wayne Brown Institute

Salt Lake Cty, UT · Public charity (501(c)(3)) · Since 1985

✓ Tax-deductible
Revenue
$117K
-66% vs prior year
Spent
$162K
To programs
81%
Net assets
−$515K
By yearFY2020–FY2025
Revenue
$117K
FY2025▼ -66%
Revenue by fiscal year
FY2020$422K
FY2021$633K
FY2022$979K
FY2023$1.0M
FY2024$342K
FY2025$117K
Expenses
$162K
FY2025▼ -68%
Expenses by fiscal year
FY2020$590K
FY2021$636K
FY2022$1.2M
FY2023$941K
FY2024$505K
FY2025$162K
Net assets
−$515K
FY2025▼ -14%
Net assets by fiscal year
FY2020−$174K
FY2021−$177K
FY2022−$396K
FY2023−$288K
FY2024−$450K
FY2025−$515K

From the FY2025 Form 990 · see the original

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item CWayne Brown Institute
EINHdr · item D94-2920519
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJan 1985
Year of formationHdr · item L1985
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CSalt Lake Cty, UT
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.venturecapital.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.15 Fundraising $0.04
Program services81%$131K
Management & general15%$24K
Fundraising4%$7K
Total functional expensesLn 25$162K

Financial health

Is it on solid ground?

Program efficiency
81%
of spending reaches programs▼ -12% vs prior filing year
Operating runway
2.3mo
months of highly liquid reserves at operating expense rate▲ +5% vs prior filing year
Surplus margin
-38%
revenue over expenses, this year▲ +20% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$33K
FY2025▼ -73%
Total assets by fiscal year
FY2020$44K
FY2021$376K
FY2022$171K
FY2023$227K
FY2024$125K
FY2025$33K
Total liabilities
$548K
FY2025▼ -5%
Total liabilities by fiscal year
FY2020$218K
FY2021$552K
FY2022$567K
FY2023$515K
FY2024$575K
FY2025$548K
Revenue less expensesPt I · Ln 19−$45K
Total assetsPt X · Ln 16$33K
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412

Balance Sheet

Part X · end of year
CashLn 1$31K
Total assetsLn 16$33K
Total liabilitiesLn 26$548K
Total net assetsLn 32−$515K
Months of cash on handcomputed2.3

Statement of Revenue

Part VIII
Contributions & grants$94K · 80%
Program service revenue$22K · 19%
Investment income$1K · 1%
Contributions & grants80%$94K
Program service revenue19%$22K
Investment income1%$1K
Total revenueLn 12$117K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $31K · Operating expenses (Pt IX) $162K · Less non-cash grants $1K · Cash operating expenses/yr $161K
2.3 months
Where the money goes
Program services
Program services $131K · Total expenses $162K
81%
Management & General
Management & general $24K · Total expenses $162K
15%
Fundraising
Fundraising $7K · Total expenses $162K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $25K · Solicited contributions (3-yr avg) $407K
$0.06 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $94K · Total revenue $117K
80%
Government reliance
Government grants $0 · Total revenue $117K
0%
Earned-income share
Program service revenue $22K · Total revenue $117K
19%
Investment reliance
Investment income $1K · Total revenue $117K
+0.9%
Program self-sufficiency
Program service revenue $22K · Total expenses $162K
14%
Growth & trend
Revenue growth (YoY)
This year $117K · Prior year $342K
-66%
Revenue CAGR
FY2020 $422K · FY2025 $117K
-23%
Net-asset trend (YoY)
End of year −$515K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $117K · Expenses $162K
-38%
Liabilities-to-Assets
Total liabilities — · Total assets $33K
—
Net-asset ratio
Net assets −$515K · Total assets $33K
-1546%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $33K
0%
People & payroll
Highest Reported Total Compensation
Individual Chris Badger · Reported title Treasurer · Highest reported compensation $0 · Total expenses $162K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $79K · Total expenses $162K
49%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 81%——
Overhead ratio 15%——
Fundraising cost ratio 7%——
Revenue growth -66%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Treasurer
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Trent Christensen—$146,725$120,000$118,231
Tara Spalding$128,172$29,108——
James Kemp$15,625———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Wayne Brown Institute executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
  • 12Voting board membersPt VI · Ln 1a
  • 12Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Provides educational support to capital industries.

Provided by the organization

This section is blank until Wayne Brown Institute claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

1 program service account for $131K of program spending, described in the organization's own filed words · FY2025.
01

The organization mentors nurtures and educates first-time entrepreneurs by teaching financial literacy business practices job-seeking skills and guides entrepreneurs on how to plan build and launch their own startups enterprises.

$131Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$5K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $117K$162K-66% 990 PDF
FY2024 $342K$505K-67% 990 PDF
FY2023 $1.0M$941K+7% 990 PDF
FY2022 $979K$1.2M+55% 990 PDF
FY2021 $633K$636K+50% 990 PDF
FY2020 $422K$590K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Wayne Brown Institute →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.