Alaska Folk Festival Inc
- Assets
- $257.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Juneau, AK
- Founding
- 05/1984
- Data as of
- 09/2024
- EIN
- 92-0098258
Organization Overview
Alaska Folk Festival Inc is located in Juneau, AK. The organization was established in 1984. 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 Folk Festival Inc 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 09/2024, Alaska Folk Festival Inc generated $19.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (17.6%) each year. All expenses for the organization totaled $10.5k during the year ending 09/2024. As we would expect to see with falling revenues, expenses have declined by (13.5%) per year over the past 5 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
2024
Describe the Organization's Program Activity:
Part 3
THE ALASKA FOLK FESTIVAL PROVIDED A FREE-TO-ATTEND WEEKLONG MUSIC AND ARTS FESTIVAL. WE ENCOURAGED PARTICIPATION FROM ALL EXPERIENCE LEVELS AND PROVIDED FREE WORKSHOPS TO LEARN TRADITIONAL MUSIC. THIS YEAR, WE BROUGHT A GUEST ARTIST AND DANCE CALLER UP FROM THE SOUTHWEST TO SHARE TRADITIONAL MUSIC AND DANCE FROM THEIR CULTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Heist President | 1 | $0 | |
Josh Fortenbury Vice President | 1 | $0 | |
Hiram Henry Secretary | 1 | $0 | |
Dylan Proudfoot Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,567 |
| Total Program Service Revenue | $0 |
| Membership dues | $53,891 |
| Investment income | $6,244 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$71,369 |
| Other Revenue | $0 |
| Total Revenue | $19,168 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $498 |
| Printing, publications, postage, and shipping | $10,017 |
| Other expenses | $0 |
| Total expenses | $10,515 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $257,938 |
| Other assets | $0 |
| Total assets | $257,938 |
| Total liabilities | $0 |
| Net assets or fund balances | $257,938 |