The Alaska Native Arts Foundation
- Assets
- $244.1k
- Revenue
- $6.0
- Investments
- $0.0
- Employees
- 0
- Location
- Anchorage, AK
- Founding
- 05/2003
- Data as of
- 12/2017
- EIN
- 30-0137438
Organization Overview
The Alaska Native Arts Foundation is located in Anchorage, AK. The organization was established in 2003. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alaska Native Arts 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 12/2017, Alaska Native Arts Foundation generated $6.0 in total revenue. All expenses for the organization totaled $1.2k during the year ending 12/2017.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVE THE ECONOMIC WELL BEING OF ALASKA NATIVE ARTISTS; INVIGORATE EDUCATION AND TRAINING OF THE NEXT GENERATION OF ALASKA NATIVE ARTISTS; INCREASE AWARENESS OF ALASKA NATIVE CULTURES AND CREATE OPPURTUNITIES TO INFORM ABOUT THE DIVERSE CULTURAL EXPRESSIONS OF ALASKA'S INDIGENOUS PEOPLES; AND STIMULATE DEMAND FOR AND HELP ESTABLISH FAIR MARKET PRICING FOR WORKS OF ART BY ALASKA NATIVE PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE AND CELEBRATE THE UNIQUENESS OF ALASKA NATIVE ARTS AND HERITAGE. IMPROVE THE ECONOMIC WELL BEING OF ALASKA NATIVE ARTISTS; INVIGORATE EDUCATION AND TRAINING OF THE NEXT GENERATION OF ALASKA NATIVE ARTISTS; INCREASE AWARENESS OF ALASKA NATIVE CULTURES AND CREATE OPPORTUNITIES TO INFORM ABOUT THE DIVERSE CULTURAL EXPRESSIONS OF ALASKA'S INDIGENOUS PEOPLES, AND STIMULATE DEMAND FOR AND HELP ESTABLISH FAIR MARKET PRICING FOR WORKS OF ART BY ALASKA NATIVE PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Overstreet Director | Trustee | 2 | $0 |
Gail Schubert Director | Trustee | 2 | $0 |
Da-Ka-Xeen Mehner Officer | Trustee | 2 | $0 |
Veronica Slajer Secretary-Tr | Officer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $6 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $240 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $339 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $75 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,158 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $49,407 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $194,694 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $244,101 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $244,101 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $244,101 |