Alaska World Arts is located in Homer, AK. The organization was established in 2018. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alaska World Arts 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, Alaska World Arts generated $45.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (40.6%) each year. All expenses for the organization totaled $44.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (40.3%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
16 EVENTS TOTAL FOR 2021 PART OVER ZOOM DUE TO COVID THE OTHER LIVE. HOMER FOUNDATION GRANT OF 2500. ALASKA STATE COUNCIL ON THE ARTS 5000
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sally Oberstein President | 60 | $15,608 | |
Linda Gorman Treasurer | 25 | $4,000 | |
Adiline Gore Director | 5 | $0 | |
Jeff Dean Director | 0 | $0 | |
Desislava Peneva Eason Director | 0 | $0 | |
Roger Lusby Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $10,822 |
Total Program Service Revenue | $27,710 |
Membership dues | $2,300 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $4,652 |
Other Revenue | $0 |
Total Revenue | $45,484 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $20,108 |
Professional fees and other payments to independent contractors | $15,198 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $3,908 |
Other expenses | $5,533 |
Total expenses | $44,747 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $11,606 |
Other assets | $0 |
Total assets | $11,606 |
Total liabilities | $0 |
Net assets or fund balances | $11,606 |
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