Overview
What is Fairbanks Concert Association?
The Fairbanks Concert Association is a nonprofit organization based in Fairbanks, Alaska, with a postal address of PO BOX 80547. Despite the ongoing pandemic, the association continued its operations in the early part of 2021. They applied for federal relief funding and planned the 2021-22 concert season, hoping for loosened COVID-19 restrictions. In August 2021, they decided to proceed with the 2021-22 season, implementing COVID safety protocols in their venues. During this period, they welcomed renowned artists such as Jane Lynch & Kate Flannery, Royal Wood, Chris Thile, and Lunasa, who also performed a school show. The association is dedicated to presenting, promoting, and sponsoring a wide range of culturally diverse performing arts events and educational opportunities of the highest quality, sourced from stages worldwide. Their mission extends to partnerships with local institutions, like the University of Alaska Fairbanks and the Northern Alaska Environmental Center, for events like Arctic Fest, an art and science festival scheduled for September 2022.
Official website here: www.fairbanksconcert.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 41%, Zero-Star out of Four Star rating.
The Fairbanks Concert Association has received a low rating of 41%, primarily due to its performance in the Accountability & Finance category. This low score indicates significant concerns regarding the organization's financial transparency and management. While the organization has a fully independent board, which is a positive aspect, it lacks sufficient financial disclosures, as evidenced by missing financial statements and critical documents on its website.
Strengths of the Fairbanks Concert Association include having a completely independent board and the existence of various governance policies such as conflict of interest and whistleblower protections. These factors suggest a commitment to ethical oversight. However, the absence of financial statements and the low program expense ratio raise questions about how funds are utilized and the overall financial health of the organization.
Overall, the organization needs to improve its financial reporting and transparency to enhance its accountability and gain trust from donors and the public. Addressing these issues could help elevate its rating and better position it to fulfill its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Fairbanks Concert Association?
It seems that the Fairbanks Concert Association has started to garner attention, although it currently has a limited number of reviews. One reviewer mentioned that the organization is "innovative, fun, and just plain wonderful," indicating a positive impression of its offerings.
While there are not many reviews available just yet, the enthusiasm expressed suggests that attendees appreciate the variety and quality of the concerts. The recommendation from the reviewer reflects an optimistic sentiment towards the association's ability to deliver enjoyable experiences to its audience.
As more individuals share their experiences, it will be interesting to see how the overall reception evolves, but the existing feedback certainly paints a favorable picture of the nonprofit's efforts in the local arts scene.
This AI summary has been generated from reviews found on Facebook.
Is Fairbanks Concert Association legitimate?
Fairbanks Concert Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fairbanks Concert Association 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:
Executive Compensation: $66,719
Professional Fundraising Fees: $0
Other Salaries and Wages: $92,062
For more financial information, click here
Official website here: www.fairbanksconcert.org
What is the mission statement of Fairbanks Concert Association?
The Fairbanks Concert Association's mission is to showcase and promote a wide array of artistically and culturally diverse performing arts events and educational opportunities of exceptional quality, hailing from stages worldwide. Their objective is to present these events in an effort to enrich and entertain the community. Despite the challenges posed by the pandemic, the association continued its operations in 2021, securing federal relief funding and planning for the 2021-22 concert season. In August, they decided to proceed with the season, implementing stringent COVID protocols to ensure the safety of their patrons and artists. Throughout the subsequent months, they welcomed artists such as Jane Lynch & Kate Flannery, Royal Wood, Chris Thile, and Lúnasa, who also performed a school show. They also advanced their partnership with the University of Alaska Fairbanks and the Northern Alaska Environmental Center in preparation for Arctic Fest, an art and science festival scheduled for September 2022.
Official website here: www.fairbanksconcert.org
Who is the CEO of Fairbanks Concert Association?
Mike Powers is the President of Fairbanks Concert Association.
Official website here: www.fairbanksconcert.org
What is the revenue of Fairbanks Concert Association?
Fairbanks Concert Association's revenue in 2022 was $1,528,546.
Official website here: www.fairbanksconcert.org
Who are the executives of Fairbanks Concert Association and what are their salaries?
The average compensation at Fairbanks Concert Association during 2022 was $52,927. There are 3 employees and 30 volunteers at Fairbanks Concert Association.
Here are 12 key members and their salaries:
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Official website here: www.fairbanksconcert.org
Where can I find the form 990 for Fairbanks Concert Association?
Fairbanks Concert Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fairbanksconcert.org
Learn more at the official website: www.fairbanksconcert.org
Mission Statement of Fairbanks Concert Association
The Fairbanks Concert Association, in its mission, strives to present, promote, and sponsor a vast array of performing arts events and educational opportunities of the highest quality. This nonprofit organization endeavors to bring artists and cultures from various corners of the world to its stages, enriching the local community with diverse artistic experiences. By doing so, Fairbanks Concert Association aims to contribute to the cultural landscape and provide opportunities for personal growth and enlightenment through the power of artistic expression.
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Impact
July, 2024
Fairbanks Concert Association's impact lies in its dedication to presenting, promoting, and sponsoring artistically and culturally diverse performing arts events and educational opportunities of the highest quality. Despite the challenges posed by the pandemic, the organization remained open and running in 2021, adapting to the circumstances by implementing new COVID protocols in its venues to ensure the safety of patrons and artists.
During the latter part of 2021, Fairbanks Concert Association successfully hosted a variety of performances, including artists like Jane Lynch & Kate Flannery, Royal Wood, Chris Thile, and Lunasa, who also conducted a school show. The organization's commitment to providing a platform for such talented artists not only enriches the cultural landscape of Fairbanks but also offers audiences unique and engaging experiences.
Furthermore, Fairbanks Concert Association's ongoing collaboration with the University of Alaska Fairbanks and the Northern Alaska Environmental Center in preparation for Arctic Fest demonstrates its proactive approach to expanding access to the arts and fostering interdisciplinary connections. By organizing events like this art and science festival in September 2022, the association contributes to the cultural vibrancy and educational enrichment of the community.
This information is meant to be a general summary of Fairbanks Concert Association. 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 2022.
- Investment Income: $759,906
- Program Service Revenue: $233,799
- Gross Receipts: $1,646,716
Assets and Liabilities:
- Total Assets: $1,401,985
- Total Liabilities: $186,157
- Net Assets: $1,215,828
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INDIVIDUAL TICKET SALE
Revenue
$119,760
SUBSCRIPTIONS
Revenue
$85,456
RESIDENCIES
Revenue
$18,000
OUTLET FEES
Revenue
$8,021
CD SALES / ORDER
Revenue
$2,064
Organization Details
Founding Year
1947
Phone
(907) 474-8081Principal Officer
Mike Powers
Main Address
PO BOX 80547, FAIRBANKS, AK, 99708
Website
www.fairbanksconcert.orgNTEE Category
Code: A68Z - Arts
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