Alaska Folk Festival Inc
- Assets
- $162.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Juneau, AK
- Founding
- 05/1984
- Data as of
- 09/2022
- EIN
- 92-0098258
Organization Overview
Alaska Folk Festival Inc is located in Juneau, AK. The organization was established in 1984. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alaska Folk Festival Inc 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 09/2022, Alaska Folk Festival Inc generated $33.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $8.1k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (27.1%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
FOLK ARTS PROGRAMS, GENERAL/OTHER: ALASKA RESIDENTS BENEFIT FROM FREE PUBLIC ADMISSION TO FESTIVAL PERFORMANCES; THE PROGRAM ALSO ENCOURAGES NON-PROFESSIONAL PERFORMERS. THIS WAS THE 46TH YEAR! THE 2020 ALASKA FOLK FESTIVAL PERFORMANCES WERE POSTPONED IN 2019 DUE TO COVID-19 AND RESUMED DIGITALLY IN 2020. OPERATING THE FESTIVAL VIRTUALLY ADDED EXPENSES. THE FOLK FEST WAS GRATEFUL TO HAVE THE CARES ACT SUPPORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Miguel Rohrbacher Vice President | 1 | $0 | |
Andrew Heist President | 1 | $0 | |
Hiram Henry Secretary | 1 | $0 | |
Dylan Proudfoot Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,699 |
| Total Program Service Revenue | $0 |
| Membership dues | $53,674 |
| Investment income | $2,824 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$45,446 |
| Other Revenue | $0 |
| Total Revenue | $33,871 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $8,100 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $8,100 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $162,944 |
| Other assets | $0 |
| Total assets | $162,944 |
| Total liabilities | $0 |
| Net assets or fund balances | $162,944 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alaska Folk Festival Inc has recieved totaling $21.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $21 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goldbelt Heritage Foundation Juneau, AK | $678,169 | $2,466,525 |
Centrocultural Mexicano Redmond, WA | $1,206,257 | $2,680,609 |
Path With Art Seattle, WA | $2,031,532 | $2,438,156 |
Asia-Northwest Cultural Education Association Tacoma, WA | $252,423 | $1,459,616 |
Ingersoll Gender Center Seattle, WA | $863,153 | $449,154 |
Northwest Folklife Seattle, WA | $1,273,751 | $1,146,546 |
The Vera Project Seattle, WA | $942,628 | $1,094,389 |
Saint Luke Productions Battle Ground, WA | $1,298,746 | $1,892,714 |
Terrain Programs Spokane, WA | $636,591 | $1,201,482 |
Kirkland Arts Center Kirkland, WA | $771,531 | $769,023 |
Not An Alternative Inc Vashon, WA | $764,959 | $755,874 |
Wenatchee River Institute Leavenworth, WA | $5,684,640 | $1,273,355 |