AI Transparency Report
Alaska Arts Confluence exhibits inconsistent financial performance over its filing history. While some years show healthy revenue exceeding expenses, such as 2021 ($83,342 revenue vs. $43,721 expenses) and 2015 ($220,793 revenue vs. $43,413 expenses), other periods, like 2022 ($14,495 revenue vs. $51,110 expenses) and 2020 ($97,534 revenue vs. $104,698 expenses), indicate significant operating deficits. The organization's assets have fluctuated considerably, from a high of $136,482 in 2015 to $6,953 in 2022, and currently reported as $0, which raises concerns about its long-term financial stability and ability to sustain operations without consistent funding. The lack of reported liabilities across most years is a positive indicator of fiscal responsibility, but the overall trend suggests a need for more stable funding streams.