Greater Anchorage Inc
- Assets
- $230.2k
- Revenue
- $480.6k
- Investments
- $0.0
- Employees
- 16
- Location
- Anchorage, AK
- Founding
- 11/1960
- Data as of
- 06/2021
- EIN
- 92-6001000
Organization Overview
Greater Anchorage Inc is located in Anchorage, AK. The organization was established in 1960. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. As of 06/2021, Greater Anchorage Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Anchorage Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2021, Greater Anchorage Inc generated $480.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $465.6k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 6 years. 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
TO SPONSOR SOCIAL AND CULTURAL EVENTS THAT PROMOTE ALASKA AND ALASKA BUSINESS AND EDUCATE THROUGH PARTNERSHIPS / EVENTS, PROVIDE WINTER ECONOMIC ENGINE AND TOURISM EXPERIENCES, PROVIDE WINTER CITY SPORTING EVENTS AND DOWNTOWN MUSHING DISTRICT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUR RENDEZVOUS - THIS EVENT STARTED IN 1936 AS A 3-DAY FESTIVALESTABLISHED TO COINCIDE WITH THE TIME THAT THE MINERS AND TRAPPERS CAMETO TOWN WITH THEIR WINTER'S YIELD. IT BEGAN AS A 3-DAY SPORTSTOURNAMENT ON FEBRUARY 15TH-17TH, 1936 AND FEATURED SKIING, HOCKEY,BASKETBALL, BOXING, AND A CHILDREN'S SLED DOG RACE DOWN FOURTH AVENUE.NEARLY THE ENTIRE POPULATION OF ANCHORAGE TURNED OUT FOR THE BONFIREAND TORCHLIT PARADE. FUR RENDEZVOUS REMAINS A HIGHLY ANTICIPATED TIMEOF YEAR, HAS EARNED NATIONAL AND ITNERNATIONAL NOTORIETY, AND VISITORSFROM THROUGHOUT THE WORLD DESCEND ON ANCHORAGE EVERY FEBRUARY FOR THEEVENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Mccleary Executive Director | Officer | 40 | $70,000 |
Amie Haakenson Board Member | Trustee | 2 | $0 |
Bradley Muir Board Member | Trustee | 2 | $0 |
Cody Marlow Secretary | Trustee | 2 | $0 |
Bev Felix Board Member | Trustee | 2 | $0 |
Gary Hufford Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $114,622 |
| All other contributions, gifts, grants, and similar amounts not included above | $126,755 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $241,377 |
| Total Program Service Revenue | $77,594 |
| Investment income | $6 |
| 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 | $78,567 |
| Net Income from Sales of Inventory | $83,063 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $480,607 |
| 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 | $136,003 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,587 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,403 |
| Fees for services: Accounting | $14,098 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $53,175 |
| Advertising and promotion | $44,789 |
| Office expenses | $31,065 |
| Information technology | $14,435 |
| Royalties | $0 |
| Occupancy | $68,587 |
| Travel | $8,024 |
| 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 | $42,510 |
| All other expenses | $0 |
| Total functional expenses | $465,644 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,397 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $66,985 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $52,329 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,468 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $230,179 |
| Accounts payable and accrued expenses | $22,873 |
| 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 | $22,873 |
| 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 | $207,306 |
| Total liabilities and net assets/fund balances | $230,179 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Western Washington Fair Association Puyallup, WA | $76,145,204 | $42,507,935 |
Apa-The Engineered Wood Association Tacoma, WA | $20,196,458 | $14,789,025 |
Northwest Washington Fair Association Lynden, WA | $12,865,424 | $5,217,774 |
Central Washington Fair Association Yakima, WA | $5,361,375 | $6,100,925 |
Seafair Seattle, WA | $1,153,847 | $3,813,389 |
Alaska State Fair Incorporated Palmer, AK | $8,149,626 | $2,404,667 |
Benton-Franklin- Fair Association Pasco, WA | $1,054,097 | $3,211,826 |
Greater Anchorage Inc Anchorage, AK | $230,179 | $480,607 |
Benevolent & Protective Order Of Elks Of The Usa Fairbanks, AK | $1,063,303 | $387,285 |
Enumclaw Expo And Events Association Enumclaw, WA | $803,145 | $800,398 |
Skamania Co Fair Board Inc Stevenson, WA | $161,586 | $474,658 |
Southeast Alaska State Fair Inc Haines, AK | $1,450,595 | $327,648 |