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Private company

Deseret Management Corporation

Logo: Alitheies77, CC BY-SA 4.0, via Wikimedia Commons3

For-profit managing company of the LDS Church

Deseret Management Corporation (DMC) is an American operating company, managing select global, for-profit entities affiliated with the Church of Jesus Christ of Latter-day Saints (LDS Church). It was established in 1966 by church president David O. McKay to hold already-existing church media assets. DMC companies provide content, services, and information through a diverse portfolio of companies, with the majority being media and communications brands.2 It is headquartered in Salt Lake City.1 Its chief executive is Keith B. McMullin.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Sep 6, 1966Founded1

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Deseret Management Corporation (DMC) is an American operating company, managing select global, for-profit entities affiliated with the Church of Jesus Christ of Latter-day Saints (LDS Church). It was established in 1966 by church president David O. McKay to hold already-existing church media assets. DMC companies provide content, services, and information through a diverse portfolio of companies, with the majority being media and communications brands.2

Corporate structure

Deseret Management Corporation sits at the top of its group. 13 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Deseret Management Corporation reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

Founded by David O. McKay and The Church of Jesus Christ of Latter-day Saints on Sep 6, 1966.1

Leadership

Who has led Deseret Management Corporation, and when. Pick a name to see everywhere that person has worked.

Products and brands

Subsidiaries

The following are DMC subsidiaries:

Beneficial Financial Group: insurance, investment, and retirement services.

Bonneville International Corporation: owns radio stations nationwide, Bonneville Interactive, and Bonneville Satellite Company.

Bonneville Communications (Boncom): Advertising agency.

Read the full text

Deseret Book: publisher of church-related materials and bookstore chain.

Deseret News Publishing Company: Publishes Utah's second-largest daily newspaper, the Deseret News, along with the Church News and El Observador.

Temple Square Hospitality: operates Church-owned downtown Salt Lake City properties such as the Lion House and the Joseph Smith Memorial Building.

Deseret Digital Media: Operates select web sites of other DMC media companies, including ksl.com.

The Church of Jesus Christ of Latter-day Saints Foundation: A non-profit foundation that donates the profits of other DMC companies to various charitable causes, both in Utah and internationally.

Divisions

KSL Broadcast Division: Operates KSL-TV & KSL Newsradio in Salt Lake City, Utah, for the Bonneville International Corporation.

From Wikipedia’s article on Deseret Management Corporation, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Parent company

  • The Church of Jesus Christ of Latter-day Saints

Subsidiaries

From Wikidata.1

Timeline

  1. Sep 6, 1966Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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