Arctic Circle Foundation Inc Us is located in Darien, GA. According to its NTEE Classification (C12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arctic Circle Foundation Inc Us 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 12/2022, Arctic Circle Foundation Inc Us generated $920.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 43.0% each year . All expenses for the organization totaled $442.9k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE & SUPPORT INTERNATIONAL DIALOGUE & COLLABORATION REGARDING THE FUTURE OF THE ARCTIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING SUPPORT TO AND MAKING GRANTS TO OR FOR THE BENEFIT OF ARCTIC CIRCLE FOUNDATION, WHICH IS AN ICELANDIC NOT-FOR-PROFIT ORGANIZATION WHOSE AIM IS TO CREATE A DEMOCRATIC FORUM FOR INTERNATIONAL DIALOGUE AND COLLABORATION ON ARCTIC ISSUES AND THEIR SIGNIFICANCE FOR THE FUTURE OF THE EARTH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Krista Amason President/director | OfficerTrustee | 1 | $0 |
Frederik Paulsen Treasurer/director | OfficerTrustee | 1 | $0 |
Peter Seligmann Secretary/director | OfficerTrustee | 1 | $0 |
Olafur Grimsson Director | Trustee | 1 | $0 |
Warren Amason Director | Trustee | 1 | $0 |
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 | $920,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $920,000 |
Total Program Service Revenue | $0 |
Investment income | $0 |
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 | $920,000 |
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 | $435,000 |
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 | $2,261 |
Fees for services: Accounting | $2,810 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $678 |
Advertising and promotion | $0 |
Office expenses | $1,740 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $436 |
Total functional expenses | $442,925 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $748,894 |
Savings and temporary cash investments | $0 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $748,894 |
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 |
Net assets without donor restrictions | $148,894 |
Net assets with donor restrictions | $600,000 |
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 | $748,894 |