Alaska Arts & Culture Foundation is located in Anchorage, AK. The organization was established in 2001. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, 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 Arts & Culture Foundation 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 06/2024, Alaska Arts & Culture Foundation generated $30.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (14.3%) each year. All expenses for the organization totaled $87.5k during the year ending 06/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
AWARDS TO INDIVIDUALS AND ORGANIZATIONS TO SUPPORT THE ARTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Asia Freeman President | 5 | $0 | |
April Counceller Vice Preside | 3 | $0 | |
Linda Boochever Secretary | 3 | $0 | |
Kirsten Newby Treasurer | 3 | $0 | |
Adelheid Becker Director | 2 | $0 | |
Christopher Cooke Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,241 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10,388 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $30,629 |
| 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 | $18,515 |
| Occupancy, rent, utilities, and maintenance | $396 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,316 |
| Total expenses | $87,457 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,316 |
| Other assets | $0 |
| Total assets | $461,550 |
| Total liabilities | $0 |
| Net assets or fund balances | $461,550 |