Anchorage Museum Association
- Assets
- $13.7m
- Revenue
- $14.7m
- Investments
- $0.0
- Employees
- 80
- Location
- Anchorage, AK
- Founding
- 05/1970
- Data as of
- 12/2021
- EIN
- 92-6009317
Organization Overview
Anchorage Museum Association is located in Anchorage, AK. The organization was established in 1970. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Anchorage Museum Association employed 80 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anchorage Museum Association 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, Anchorage Museum Association generated $14.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.5%) each year. All expenses for the organization totaled $10.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 7 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
THE ANCHORAGE MUSEUM ASSOCIATION OPERATES THE ANCHORAGE MUSEUM AT RASMUSON CENTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXHIBIT PRODUCTION: PLANNING, CURATION, DESIGN, FABRICATION, INSTALLATION, AND PRESENTATION OF MUSEUM EXHIBITS, INCLUDING CORRESPONDING EDUCATION AND PUBLIC PROGRAMS. NEW CHANGING EXHIBITIONS OPENED, AS WELL AS MAINTENANCE AND UPDATES OF PERMANENT EXHIBITIONS, INCLUDING THE ART OF THE NORTH GALLERIES, ALASKA EXHIBITION, ARCTIC STUDIES CENTER, AND DISCOVERY CENTER.
EDUCATION AND PUBLIC PROGRAMS: PREPARATION AND DELIVERY OF PROGRAMS FOR SCHOOL GROUPS, TEACHERS, AND LEARNERS OF ALL AGES. DELIVERY OF PUBLIC PROGRAMS AND COMMUNITY OUTREACH FOR A WIDE AUDIENCE, EXPLORING ART, HISTORY, SCIENCE, DESIGN, AND CULTURE THROUGH MANY PERSPECTIVES.
RESEARCH, SCHOLARSHIP, AND COLLECTIONS: ACQUISITION, CURATION, CONSERVATION, AND PRESERVATION OF MUSEUM COLLECTION OF PHOTOGRAPHS, ARCHIVAL MATERIALS, ARTWORK, AND ARTIFACTS. SERVING AS A KEY RESEARCH AND SCHOLARSHIP CENTER FOR THE STUDY OF THE NORTH, WITH FELLOWSHIPS, RESEARCH PROGRAMS, AND PROGRAMS THAT PROVIDE ACCESS TO THE COLLECTION AND KNOWLEDGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Decker CEO | Officer | 40 | $271,902 |
Ann Hale Dd Of Development | Officer | 40 | $117,693 |
Kirsten Newby Chief Financial Officer | Officer | 40 | $112,024 |
Doug Adams Chief Digital Officer | 40 | $110,112 | |
Monica Shah Dd Of Conservation & Collect. | Officer | 40 | $104,315 |
Ann Kjera Chief Human Resources Officer | 40 | $100,538 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Superior Mechanical Services Mechanical Services | 12/30/21 | $212,513 |
Nana Management Services Security | 12/30/21 | $604,426 |
Pinnacle Mechanical Mechanical Services | 12/30/21 | $179,948 |
Mr Clean Janitorial Services Janitorial Services | 12/30/21 | $238,702 |
Dawley Associates Inc Website Services | 12/30/21 | $146,635 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $424,101 |
| Fundraising events | $0 |
| Related organizations | $1,723,501 |
| Government grants | $9,485,459 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,588,978 |
| Noncash contributions included in lines 1a–1f | $71,169 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,222,039 |
| Total Program Service Revenue | $1,260,040 |
| Investment income | $79,403 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $125,321 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $209,070 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,736,241 |
| 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. | $933,937 |
| Compensation of current officers, directors, key employees. | $271,806 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,901,503 |
| Pension plan accruals and contributions | $322,037 |
| Other employee benefits | $349,460 |
| Payroll taxes | $266,359 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,421 |
| Fees for services: Accounting | $63,512 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $832,186 |
| Advertising and promotion | $91,095 |
| Office expenses | $99,306 |
| Information technology | $458,087 |
| Royalties | $0 |
| Occupancy | $2,479,731 |
| Travel | $25,698 |
| 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 | $20,712 |
| All other expenses | $272,206 |
| Total functional expenses | $10,224,060 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,587,234 |
| Savings and temporary cash investments | $3,255,377 |
| Pledges and grants receivable | $474,879 |
| Accounts receivable, net | $117,554 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $393,141 |
| Prepaid expenses and deferred charges | $135,379 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,717,402 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,680,966 |
| Accounts payable and accrued expenses | $1,057,000 |
| Grants payable | $0 |
| Deferred revenue | $104,331 |
| 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 | $1,161,331 |
| Net assets without donor restrictions | $10,229,841 |
| Net assets with donor restrictions | $2,289,794 |
| 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 | $13,680,966 |
Grants Recieved
Over the last fiscal year, we have identified 17 grants that Anchorage Museum Association has recieved totaling $623,641.
| Awarding Organization | Amount |
|---|---|
Atwood Foundation Incorporated Anchorage, AK PURPOSE: GENERAL SUPPORT | $115,000 |
Alaska Community Foundation Anchorage, AK | | $85,000 |
M J Murdock Charitable Trust Vancouver, WA PURPOSE: NEW CURATOR | $80,000 |
M J Murdock Charitable Trust Vancouver, WA PURPOSE: RESILIENCE PLANNING | $75,000 |
Bloomberg Family Foundation Inc New York, NY PURPOSE: DIGITAL PROGRAMS | $65,000 |
M J Murdock Charitable Trust Vancouver, WA PURPOSE: NEW CURATOR | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anchorage Museum Association Anchorage, AK | $13,680,966 | $14,736,241 |
Northwest Maritime Center Port Townsend, WA | $21,051,564 | $9,184,031 |
Burke Museum Association Seattle, WA | $1,429,157 | $2,025,349 |
Densho Seattle, WA | $2,629,365 | $2,391,669 |
Yakima Valley Museum & Hist Assn Yakima, WA | $9,407,246 | $1,269,577 |
Valdez Museum And Historical Archive Association Incorporated Valdez, AK | $412,960 | $617,040 |
Alaska Aviation Heritage Museum Anchorage, AK | $6,679,112 | $631,265 |
Columbia Gorge Interpretive Center Stevenson, WA | $2,351,160 | $339,061 |
Port Townsend Aero Museum Port Townsend, WA | $7,746,029 | $1,457,196 |
Friends Of Flying Heritage C/O Vulcan Inc Seattle, WA | $0 | $108,258 |
Inland Empire Railway Historical Society Reardon, WA | $3,337,569 | $363,759 |
Veterans Memorial Museum Chehalis, WA | $2,178,919 | $293,932 |