The Folk School

Organization Overview

The Folk School is located in Fairbanks, AK. The organization was established in 2012. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Folk School employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Folk School 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 12/2021, Folk School generated $314.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.4% each year . All expenses for the organization totaled $203.8k during the year ending 12/2021. While expenses have increased by 9.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOLK SCHOOL, IN KEEPING WITH A 200-YEAR-OLD TRADITION, IS DEDICATED TO ENRICHING LIVES AND BUILDING COMMUNITY BY PASSING ON SKILLS AND PERSONAL KNOWLEDGE IN A NURTURING ENVIRONMENT. THE FOLK SCHOOL PROVIDES YEAR-ROUND, AFFORDABLE PROGRAMS IN A VARIETY OF HANDS-ON DISCIPLINES

Describe the Organization's Program Activity:

Part 3 - Line 4a

MAINTAINING A NON-COMPETITIVE, NURTURING, MULTIGENERATIONAL EDUCATIONAL MODEL THAT FOSTERS THE USE OF INDIGENOUS MATERIALS AND PROVIDES UNIQUE LEARNING OPPORTUNITIES, AND HONES SKILL-BASED CRAFTS SUCH AS WOODWORKING, SEWING, ART, COOKING, MUSIC, CREATIVE WRITING, AND MORE. PROVIDING AN ORGANIZATIONAL STRUCTURE AND SPACE FOR REGULAR, ONGOING HOME-SCHOOL CLASSES AND ACTIVITIES. SERVING AS A MEETING PLACE FOR CLUBS AND ORGANIZATIONS. ESTABLISHING LONG-TERM PROGRAMS THAT ENCOURAGE COMMUNITY INVOLVEMENT. PROVIDING SPACE FOR FAMILIES TO CREATE AND LEARN TOGETHER IN A HEALTHY, SLOW-PACED, HANDS-ON WAY. CREATING A SLOW, CREATIVE, THOUGHTFUL SPACE WHERE PEOPLE OF ALL AGES CAN LEARN SKILLS THAT TAKE TIME, PATIENCE, AND BASIC HUMAN CONNECTION.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $61,826
All other contributions, gifts, grants, and similar amounts not included above$146,038
Noncash contributions included in lines 1a–1f $40,707
Total Revenue from Contributions, Gifts, Grants & Similar$207,864
Total Program Service Revenue$106,048
Investment income $399
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 $314,311

Grants Recieved

Over the last fiscal year, we have identified 3 grants that The Folk School has recieved totaling $32,760.

Awarding OrganizationAmount
$25,000
Fairbanks Arts Association 483

Fairbanks, AK

PURPOSE: SUPPORTING THE ARTS

$7,600
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$160
View Grant Recipient Profile

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