Alaska Center For The Performing Arts Inc is located in Anchorage, AK. The organization was established in 1995. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Alaska Center For The Performing Arts Inc employed 78 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alaska Center For The Performing Arts 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 12/2021, Alaska Center For The Performing Arts Inc generated $3.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $2.5m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, ACPA CONTINUED TO EXPERIENCE THE IMPACTS OF THE COVID-19 PANDEMIC AND ITS AFFECT ON BOOKED ACTIVITIES IN THE VENUE. DURING 2021, THERE WERE 119 RENTAL EVENTS WITH 14,055 PATRONS IN ATTENDANCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Codie Costello President & COO | Officer | 40 | $128,000 |
Tali Birch Kindred Chair | OfficerTrustee | 2 | $0 |
Robert Klein Treasurer | OfficerTrustee | 4 | $0 |
Daniel Mitchell Vice Chair / Secretary | OfficerTrustee | 2 | $0 |
Micky Becker Director | Trustee | 2 | $0 |
Leah Boltz Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $2,622,244 |
All other contributions, gifts, grants, and similar amounts not included above | $325,697 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,947,941 |
Total Program Service Revenue | $307,876 |
Investment income | $7,070 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $53,091 |
Net Gain/Loss on Asset Sales | -$2,923 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,325,107 |
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. | $132,028 |
Compensation of current officers, directors, key employees. | $132,028 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,063,655 |
Pension plan accruals and contributions | $62,223 |
Other employee benefits | $133,194 |
Payroll taxes | $101,881 |
Fees for services: Management | $0 |
Fees for services: Legal | $275 |
Fees for services: Accounting | $80,827 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $3,520 |
Fees for services: Other | $57,690 |
Advertising and promotion | $19,125 |
Office expenses | $0 |
Information technology | $89,154 |
Royalties | $0 |
Occupancy | $423,808 |
Travel | $6,320 |
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 | $57,911 |
Insurance | $0 |
All other expenses | $35,850 |
Total functional expenses | $2,547,962 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,864 |
Savings and temporary cash investments | $4,452,085 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,703 |
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 | $51,469 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $743,555 |
Total assets | $5,252,676 |
Accounts payable and accrued expenses | $443,001 |
Grants payable | $0 |
Deferred revenue | $1,031,645 |
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 | $303,545 |
Unsecured mortgages and notes payable | $154,511 |
Other liabilities | $92,390 |
Total liabilities | $2,025,092 |
Net assets without donor restrictions | $0 |
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 | $3,227,584 |
Total liabilities and net assets/fund balances | $5,252,676 |
Over the last fiscal year, we have identified 9 grants that Alaska Center For The Performing Arts Inc has recieved totaling $132,838.
Awarding Organization | Amount |
---|---|
M J Murdock Charitable Trust Vancouver, WA PURPOSE: ACPA VENUE PROGRAMMING & BOOKING INFRASTRUCTURE/REVENUE DEVELOPMENT | $72,000 |
Atwood Foundation Incorporated Anchorage, AK PURPOSE: LOBBY BENCHES | $30,000 |
Atwood Foundation Incorporated Anchorage, AK PURPOSE: SUMMER CONCERTS IN TOWN SQUARE | $15,000 |
Frances & David Rose Foundation Anchorage, AK PURPOSE: UNRESTRICTED | $6,000 |
Kumin Foundation Anchorage, AK PURPOSE: OPERATING COSTS | $5,000 |
Gottstein Family Foundation Anchorage, AK PURPOSE: THE GRANT WAS TO A PUBLIC CHARITY TO SUPPORT ITS GENERAL CHARITABLE PURPOSE. | $4,000 |
Beg. Balance | $359,221 |
Earnings | $16,696 |
Ending Balance | $375,917 |
Organization Name | Assets | Revenue |
---|---|---|
Seattle Theatre Group Seattle, WA | $54,057,952 | $15,388,598 |
B H Music Center Seattle, WA | $60,522,561 | $1,629,830 |
Mount Baker Theatre Bellingham, WA | $11,335,645 | $5,704,863 |
Alaska Center For The Performing Arts Inc Anchorage, AK | $5,252,676 | $3,325,107 |
Admiral Theatre Foundation Bremerton, WA | $5,326,059 | $2,302,492 |
Capitol Theatre Committee Yakima, WA | $2,272,449 | $2,350,736 |
Washington Center For The Performing Arts Olympia, WA | $3,938,920 | $2,618,555 |
Kirkland Performance Center Kirkland, WA | $3,676,531 | $2,361,159 |
Orcas Center Eastsound, WA | $2,660,540 | $923,960 |
Port Angeles Waterfront Center Port Angeles, WA | $42,802,752 | $3,947,950 |
Anchorage Concert Association Inc Anchorage, AK | $10,272,978 | $2,181,399 |
Columbia Theatre Association For The Performing Arts Longview, WA | $766,997 | $554,312 |