Overview
What is Alaska Center For The Performing Arts?
The Alaska Center for the Performing Arts, located at 621 West 6th Avenue, Anchorage, AK 99501, is a vibrant nonprofit organization dedicated to nurturing and promoting the performing arts. Throughout the year, the center hosts a variety of events, including 256 public and 12 private events, attracting over 97,854 attendees. With a workforce of 122 dedicated individuals, the center serves as a gathering place, embracing all to share their passion for the arts as a way of life. The center's mission is to evolve and make the performing arts accessible to all, fostering a welcoming atmosphere for everyone to enjoy.
Official website here: www.myalaskacenter.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 86% (Three-Star out of Four Star rating)
The Alaska Center For The Performing Arts has achieved an 86% rating on Charity Navigator, indicating a solid level of accountability and financial health. The organization scored particularly well in governance and oversight, with 100% of its board members being independent, which reflects a strong commitment to ethical management practices.
Strengths highlighted include a well-structured audit and oversight committee and effective conflict of interest and whistleblower policies. Additionally, the organization's low liabilities to assets ratio demonstrates a manageable financial structure. However, the program expense ratio could be improved, as it is at 62.16%, suggesting that a portion of funds may not be directed towards programmatic activities.
Overall, while the Alaska Center For The Performing Arts shows strong governance and financial practices, there is room for improvement in maximizing the efficacy of its program spending. Nonetheless, the organization's commitment to transparency and accountability is commendable.
This AI summary has been generated from information found on Charity Navigator.
Is Alaska Center For The Performing Arts legitimate?
Alaska Center For The Performing Arts is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alaska Center For The Performing Arts 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: $148,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,652,377
For more financial information, click here
Official website here: www.myalaskacenter.com
What is the mission statement of Alaska Center For The Performing Arts?
The Alaska Center for the Performing Arts' mission is centered around embracing and cherishing the arts. Their primary objective is to serve as a welcoming venue where individuals can engage with the arts as a profound passion and way of life. The organization envisions evolving the arts in Alaska and making them accessible to all, ensuring inclusivity. In essence, their purpose is to transform the performing arts center into a hub where people can come together to share and appreciate various artistic expressions.
Official website here: www.myalaskacenter.com
What is the revenue of Alaska Center For The Performing Arts?
Alaska Center For The Performing Arts's revenue in 2023 was $11,526,526.
Official website here: www.myalaskacenter.com
Who are the executives of Alaska Center For The Performing Arts and what are their salaries?
The average compensation at Alaska Center For The Performing Arts during 2023 was $10,114. There are 178 employees and 330 volunteers at Alaska Center For The Performing Arts.
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Official website here: www.myalaskacenter.com
Where can I find the form 990 for Alaska Center For The Performing Arts?
Alaska Center For The Performing Arts's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.myalaskacenter.com
Learn more at the official website: www.myalaskacenter.com
Mission Statement of Alaska Center For The Performing Arts
The Alaska Center for the Performing Arts is committed to fostering a deep-rooted love for the arts within its community. Its mission is twofold: firstly, to serve as a welcoming gathering place where individuals can engage with the arts as both a passion and a way of life. Secondly, the center aims to advance the performing arts in Alaska, making them accessible to all. It envisions evolving the arts scene, ensuring that everyone has the opportunity to experience and appreciate various artistic expressions.
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Impact
July, 2024
The Alaska Center for the Performing Arts has a significant impact on the community by providing a space for cultural and artistic experiences. With nearly 98,000 patrons attending various events throughout the year, the center serves as a hub for artistic expression and creativity in Anchorage, Alaska. By hosting a wide range of public and private events, the center contributes to the promotion and appreciation of the arts, making them accessible to all. Through its mission to "live and love the arts," the center plays a crucial role in evolving the arts in Alaska and fostering a community where the arts are celebrated as a passion and way of life.
This information is meant to be a general summary of Alaska Center For The Performing Arts. 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: $213,350
- Program Service Revenue: $8,694,379
- Gross Receipts: $11,531,019
Assets and Liabilities:
- Total Assets: $6,323,913
- Total Liabilities: $2,945,825
- Net Assets: $3,378,088
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BROADWAY ALASKA
Revenue
$6,334,351
TICKET OFFICE
Revenue
$1,578,597
FACILITY RENTAL
Revenue
$526,552
PRODUCTION SERVICES
Revenue
$132,937
CONCESSIONS AND COMMISSIONS
Revenue
$111,622
Organization Details
Founding Year
1987
Principal Officer
Codie Costello
Website
www.myalaskacenter.comNTEE Category
Code: A610 - Arts
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