Alaska Arts & Culture Foundation
EIN: 920171993 · Anchorage, AK · NTEE: A26
| Metric | Value |
|---|---|
| Total Expenses | $87K |
| Net Assets | $462K |
Is Alaska Arts & Culture Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alaska Arts & Culture Foundation
Alaska Arts & Culture Foundation (EIN: 920171993) is a nonprofit organization based in Anchorage, AK, classified under NTEE code A26. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alaska Arts & Culture Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alaska Arts & Culture Foundation is a micro nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -6.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $31K |
| Total Expenses | $87K |
| Surplus / Deficit | $-56,828 |
| Total Assets | $462K |
| Net Assets | $462K |
| Operating Margin | -185.5% |
| Months of Reserves | 63.3 months |
Financial Health Grade: B
In 2024, Alaska Arts & Culture Foundation reported a deficit of $57K with expenses exceeding revenue, holds 63.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Alaska Arts & Culture Foundation's revenue has declined at a compound annual growth rate (CAGR) of -6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -62.8% | +18.9% | +588.9% |
| 2023 | +98.5% | +95.3% | +15.4% |
| 2022 | -83.0% | -85.0% | +6.9% |
| 2021 | +240.1% | +185.9% | +43.9% |
| 2020 | -8.9% | +14.8% | -30.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alaska Arts & Culture Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alaska Arts & Culture Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $57K, with expenses exceeding revenue.
Frequently Asked Questions about Alaska Arts & Culture Foundation
Is Alaska Arts & Culture Foundation a legitimate charity?
Alaska Arts & Culture Foundation (EIN: 920171993) is a registered tax-exempt nonprofit based in Alaska. It has 13 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Alaska Arts & Culture Foundation spend its money?
Alaska Arts & Culture Foundation reported its financials in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Alaska Arts & Culture Foundation tax-deductible?
Alaska Arts & Culture Foundation is registered as a tax-exempt nonprofit (EIN: 920171993). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Alaska Arts & Culture Foundation located?
Alaska Arts & Culture Foundation is headquartered in Anchorage, Alaska and files with the IRS under EIN 920171993. It is classified under NTEE code A26.
How many years of IRS 990 filings does Alaska Arts & Culture Foundation have?
Alaska Arts & Culture Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Alaska Arts & Culture Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Alaska Arts & Culture Foundation's revenue has declined by 57.2%, moving from $71K to $31K. Total assets increased by 73.6% over the same period, from $266K to $462K. Total functional expenses rose by 19.7%, from $73K to $87K. In its most recent filing year (2024), Alaska Arts & Culture Foundation reported a deficit of $57K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $31K | $87K | $462K | $0 | — | — |
| 2023 | $82K | $74K | $67K | $11K | — | View 990 |
| 2022 | $41K | $38K | $58K | $11K | — | View 990 |
| 2021 | $244K | $252K | $54K | $11K | — | — |
| 2020 | $72K | $88K | $38K | $0 | — | View 990 |
| 2019 | $79K | $77K | $54K | $0 | — | View 990 |
| 2018 | $75K | $78K | $52K | $0 | — | View 990 |
| 2017 | $52K | $85K | $55K | $0 | — | — |
| 2016 | $123K | $112K | $88K | $0 | — | View 990 |
| 2015 | $96K | $68K | $77K | $0 | — | View 990 |
| 2014 | $317K | $312K | $49K | $544 | — | View 990 |
| 2013 | $91K | $59K | $339K | $23K | — | View 990 |
| 2012 | $71K | $73K | $266K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $31K, expenses of $87K, and assets of $462K (revenue -62.8% year-over-year).
- 2023: Revenue of $82K, expenses of $74K, and assets of $67K (revenue +98.5% year-over-year).
- 2022: Revenue of $41K, expenses of $38K, and assets of $58K (revenue -83.0% year-over-year).
- 2021: Revenue of $244K, expenses of $252K, and assets of $54K (revenue +240.1% year-over-year).
- 2020: Revenue of $72K, expenses of $88K, and assets of $38K (revenue -8.9% year-over-year).
- 2019: Revenue of $79K, expenses of $77K, and assets of $54K (revenue +5.7% year-over-year).
- 2018: Revenue of $75K, expenses of $78K, and assets of $52K (revenue +43.3% year-over-year).
- 2017: Revenue of $52K, expenses of $85K, and assets of $55K (revenue -57.8% year-over-year).
- 2016: Revenue of $123K, expenses of $112K, and assets of $88K (revenue +28.5% year-over-year).
- 2015: Revenue of $96K, expenses of $68K, and assets of $77K (revenue -69.7% year-over-year).
- 2014: Revenue of $317K, expenses of $312K, and assets of $49K (revenue +249.7% year-over-year).
- 2013: Revenue of $91K, expenses of $59K, and assets of $339K (revenue +26.7% year-over-year).
- 2012: Revenue of $71K, expenses of $73K, and assets of $266K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alaska Arts & Culture Foundation:
Data Sources and Methodology
This transparency report for Alaska Arts & Culture Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.