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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 4, PART XII, LINE 4B</FormAndLineReferenceDesc>
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        <FormAndLineReferenceDesc>SCHEDULE E, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ACADEMY IS EXCUSED FROM FORMAL COMPLIANCE WITH REV PROC 75-50 AS LONG AS THE ACADEMY'S CHARTER AGREEMENT WITH THE STATE OF UTAH REMAINS IN EFFECT.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
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        <ExplanationTxt>THE ACADEMY RECEIVES FEDERAL AND STATE FUNDS FOR OPERATIONS.</ExplanationTxt>
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        <FormAndLineReferenceDesc>PURPOSE OF ISSUE DESCRIPTION</FormAndLineReferenceDesc>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>DATE REBATE COMPUTATION PERFORMED</FormAndLineReferenceDesc>
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        <FormAndLineReferenceDesc>FORM 990 - ORGANIZATION'S MISSION</FormAndLineReferenceDesc>
        <ExplanationTxt>SALT LAKE ARTS ACADEMY IS A MIDDLE SCHOOL SERVING FIFTH THROUGH EIGHTH GRADERS. LOCATED IN SALT LAKE CITY, UTAH, THE ACADEMY UTILIZES THE UNIQUE EDUCATIONAL, ARTISTIC, SCIENTIFIC AND CULTURAL RESOURCES OF DOWNTOWN SALT LAKE CITY, AND PROVIDES SUCH OTHER EDUCATIONAL OPPORTUNITIES AND ACADEMIC PROGRAMS AS THE BOARD OF TRUSTEES DETERMINES.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>BOARD IS PROVIDED A COPY OF FORM 990 FOR APPROVAL PRIOR TO FILING.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD REVIEWS ANY CONFLICTS DURING BOARD MEETINGS</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE COMPENSATION OF OFFICERS (INCLUDING THE DIRECTOR) OF THE ACADEMY IS REVIEWED FROM TIME TO TIME BY THE BOARD OF TRUSTEES.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE COMPENSATION OF THE OFFICERS OF THE ACADEMY IS REVIEWED FROM TIME TO TIME BY THE BOARD OF TRUSTEES.</ExplanationTxt>
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        <ExplanationTxt>GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST JUST AS FORMS 990.</ExplanationTxt>
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</Return>
