Alaska World Arts
EIN: 831228025 · Homer, AK · NTEE: A20
| Metric | Value |
|---|---|
| Total Revenue | $61K |
| Total Expenses | $51K |
| Net Assets | $26K |
Is Alaska World Arts Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alaska World Arts
Alaska World Arts (EIN: 831228025) is a nonprofit organization based in Homer, AK, classified under NTEE code A20. The organization reported total revenue of $61K and total assets of $17K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alaska World Arts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alaska World Arts is a micro nonprofit that has been operating for 8 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -16.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $63K |
| Total Expenses | $51K |
| Surplus / Deficit | +$11K |
| Total Assets | $26K |
| Net Assets | $26K |
| Operating Margin | 17.6% |
| Months of Reserves | 6.0 months |
Financial Health Grade: A
In 2023, Alaska World Arts reported a surplus of $11K with revenue exceeding expenses, holds 6.0 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2019–2023), Alaska World Arts's revenue has declined at a compound annual growth rate (CAGR) of -16.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.4% | +6.1% | +31.4% |
| 2022 | +0.7% | +8.5% | +68.9% |
| 2021 | -20.6% | -14.5% | +132.0% |
| 2020 | -55.5% | -58.3% | -14.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1230 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alaska World Arts 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 World Arts 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11K, with revenue exceeding expenses.
Frequently Asked Questions about Alaska World Arts
Is Alaska World Arts a legitimate charity?
Alaska World Arts (EIN: 831228025) is a registered tax-exempt nonprofit based in Alaska. It has 5 years of IRS 990 filings on record. Total revenue: $61K. No red flags identified. Financial health grade: A.
How does Alaska World Arts spend its money?
Alaska World Arts reported $61K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Alaska World Arts tax-deductible?
Alaska World Arts is registered as a tax-exempt nonprofit (EIN: 831228025). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Alaska World Arts located?
Alaska World Arts is headquartered in Homer, Alaska and files with the IRS under EIN 831228025. It is classified under NTEE code A20.
How many years of IRS 990 filings does Alaska World Arts have?
Alaska World Arts has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $61K in total revenue.
Filing History
IRS 990 filing history for Alaska World Arts showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Alaska World Arts's revenue has declined by 51.5%, moving from $129K to $63K. Total assets increased by 339.1% over the same period, from $6K to $26K. Total functional expenses fell by 59%, from $126K to $51K. In its most recent filing year (2023), Alaska World Arts reported a surplus of $11K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $63K | $51K | $26K | $0 | — | — |
| 2022 | $46K | $49K | $20K | $0 | — | View 990 |
| 2021 | $45K | $45K | $12K | $0 | — | — |
| 2020 | $57K | $52K | $5K | $0 | — | View 990 |
| 2019 | $129K | $126K | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $63K, expenses of $51K, and assets of $26K (revenue +36.4% year-over-year).
- 2022: Revenue of $46K, expenses of $49K, and assets of $20K (revenue +0.7% year-over-year).
- 2021: Revenue of $45K, expenses of $45K, and assets of $12K (revenue -20.6% year-over-year).
- 2020: Revenue of $57K, expenses of $52K, and assets of $5K (revenue -55.5% year-over-year).
- 2019: Revenue of $129K, expenses of $126K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alaska World Arts:
Data Sources and Methodology
This transparency report for Alaska World Arts 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.