Overview
What is Sitka Fine Arts Endowment?
The Sitka Fine Arts Endowment is a nonprofit organization, specifically located in Sitka, Alaska. Its primary mission is to oversee the management of an investment portfolio, with the objective of generating income to support the operations of Alaska Arts Southeast. This endowment is intended to be a long-term resource, aiming to build and manage funds for Alaska Arts Southeast, Inc. The endowment's ultimate goal is to contribute to the continued growth and success of the arts scene in the Southeast region of Alaska.
Is Sitka Fine Arts Endowment legitimate?
Sitka Fine Arts Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sitka Fine Arts Endowment submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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What is the mission statement of Sitka Fine Arts Endowment?
The Sitka Fine Arts Endowment's mission is centered around building and managing an endowment for Alaska Arts Southeast, Inc. This endowment serves as a financial resource, with the primary goal of generating income to aid in the operations of Alaska Arts Southeast. The organization's role is to oversee the management of this investment portfolio, ultimately contributing to the support of arts initiatives in the southeastern region of Alaska.
What is the revenue of Sitka Fine Arts Endowment?
Sitka Fine Arts Endowment's revenue in 2023 was $2,740.
Who are the executives of Sitka Fine Arts Endowment and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Sitka Fine Arts Endowment?
Sitka Fine Arts Endowment's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Sitka Fine Arts Endowment
The Sitka Fine Arts Endowment is committed to a significant mission. Its primary objective is to construct and manage an endowment for Alaska Arts Southeast, Inc. This mission is geared towards ensuring the financial stability and operational support of Alaska Arts Southeast, Inc. In essence, the Sitka Fine Arts Endowment oversees the management of an investment portfolio, aiming to generate a consistent income stream to aid the operations of Alaska Arts Southeast, Inc. This strategic approach enables the arts organization to continue its vital work in the field of arts and culture, contributing to the rich cultural landscape of the community.
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Impact
October, 2024
The Sitka Fine Arts Endowment plays a crucial role in supporting the arts in Southeast Alaska by managing an investment portfolio designed to generate income specifically for Alaska Arts Southeast, Inc. This endowment not only provides financial stability but also helps cultivate a vibrant arts community in the region. By ensuring sustainable funding, the endowment enhances access to artistic programs, fosters cultural development, and encourages creativity among residents and visitors alike. Its impact is reflected in the flourishing of artistic expressions, educational initiatives, and community engagement, all of which contribute to the rich cultural tapestry of Sitka and its surroundings.
This information is meant to be a general summary of Sitka Fine Arts Endowment. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $16,161
- Gross Receipts: $172,560
Assets and Liabilities:
- Total Assets: $1,033,722
- Total Liabilities: $0
- Net Assets: $1,033,722
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Organization Details
Founding Year
2018
Principal Officer
Sam Skaggs
NTEE Category
Code: A11 - Arts
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