Arches Alaska
- Assets
- $1.2m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Homer, AK
- Founding
- 04/2019
- Data as of
- 12/2023
- EIN
- 82-4502294
Organization Overview
Arches Alaska is located in Homer, AK. The organization was established in 2019. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arches Alaska 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 12/2023, Arches Alaska generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 53.3% each year . All expenses for the organization totaled $1.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
SALMONFEST IS A.R.C.H.E.S. PRIMARY ENDEAVOR, A MUSIC FESTIVAL ENTERING ITS 13TH YEAR THAT GARNERS A CROWD OF OVER 8,000 PEOPLE EACH AUGUST IN THE KENAI PENINSULA VILLAGE OF NINILCHIK. SALMONFEST IS A CELEBRATION OF SALMON THAT ALSO SERVES AS A MAJOR AWARENESS RAISING EVENT AND A RALLYING CRY FOR THE PRESERVATION OF BRISTOL BAY THAT IS AGAIN UNDER THREAT BY THE PROPOSED PEBBLE MINE. PRODUCING A LARGE SCALE MUSIC FESTIVAL CONSUMES THE VAST MAJORITY OF A.R.C.H.E.S. ANNUAL BUDGET, BUT THE ORGANIZATION STRIVES TO MAKE AS MANY DONATIONS TO ALASKAN ORGANIZATIONS WORKING ON INITIATIVES THAT FALL WITHIN THE PURVIEW OF A.R.C.H.E.S. MISSION. ALICES MUSIC SERIES IS A SERIES OF MUSIC SHOWCASES FEATURING GROUPS THAT HAVE BEEN POPULAR AT SALMONFEST IN THE PAST, AS WELL AS TESTING THE RECEPTION OF BANDS BEING CONSIDERED FOR THE UPCOMING SALMONFEST.
SPECIAL EVENTS ARE SUPPORTED FROM TIME TO TIME TO RAISE AWARENESS OF RELATED CONSERVATION CONCERNS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martha Krohn Presidenttreasurer | OfficerTrustee | 0 | $0 |
Sarah Hindle-Robertson Vice President | OfficerTrustee | 0 | $0 |
David Stearns Secretary | OfficerTrustee | 0 | $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 | $10,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $1,537,314 |
| Investment income | $112 |
| Tax Exempt Bond Proceeds | $5,060 |
| 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 | $1,552,486 |
| 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 | $98,544 |
| 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 | $700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $124,528 |
| Advertising and promotion | $23,003 |
| Office expenses | $25,991 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $143,301 |
| Travel | $36,369 |
| 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 | $21,185 |
| Insurance | $6,630 |
| All other expenses | $0 |
| Total functional expenses | $1,246,488 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $115,238 |
| Savings and temporary cash investments | $131,050 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $613,398 |
| Investments—publicly traded securities | $305,060 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,164,746 |
| 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 | $20,384 |
| Total liabilities | $20,384 |
| Net assets without donor restrictions | $1,144,362 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,164,746 |
Grants Awarded
Over the last fiscal year, Arches Alaska has awarded $28,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COOK INLET KEEPERS PURPOSE: SUPPORT | $20,000 |
COOK INLET KEEPERS PURPOSE: SUPPORT | $8,000 |