Overview
What is Fairbanks Arts Association?
Fairbanks Arts Association is a nonprofit organization, dedicated to the promotion and preservation of the arts. Their core mission is to foster artistic growth and cultural enrichment within the Fairbanks community and beyond. Although the information provided is limited, it's clear that their activities revolve around advocating for and supporting various artistic endeavors. Regrettably, further details about their specific programs, initiatives, or reach are not available in the provided data.
Official website here: www.fairbanksarts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57% (One-Star out of Four Stars)
The Fairbanks Arts Association has received a One-Star rating from Charity Navigator, with an overall score of 57%, primarily based on its Accountability & Finance. The organization shows strengths in governance, such as having a fully independent board and maintaining essential policies like conflict of interest and whistleblower policies. Additionally, the association has transparency regarding board meeting minutes and includes its website on its tax form.
However, the organization faces significant challenges reflected in its financial metrics. It has a low program expense ratio of 39.63%, indicating that a relatively small percentage of its expenses are directed towards programs. Furthermore, the liabilities to assets ratio stands at 17.05%, which raises concerns about its financial stability and ability to sustain operations effectively.
While the Fairbanks Arts Association demonstrates solid governance practices, the financial performance metrics suggest potential areas for improvement. Stakeholders may want to closely monitor these financial indicators to assess the organization's ongoing viability and impact within the community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Fairbanks Arts Association?
84% of the 7 reviewers on Facebook recommend the Fairbanks Arts Association. Here is a summary of their reviews:
Many express admiration for the organization’s extensive work in outreach, advocacy, and education within the arts community. One reviewer highlights their connection to the Bear Gallery, recalling it as a meaningful venue for budding artists, suggesting that the Association plays a crucial role in supporting and promoting local talent.
Overall, the sentiment leans positively, with supporters praising the organization’s efforts to serve as a central hub for various art forms in interior Alaska. The upcoming milestone of its 50th year seems to further emphasize its impact as an arts powerhouse in the region.
This AI summary has been generated from reviews found on Facebook.
Is Fairbanks Arts Association legitimate?
Fairbanks Arts Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fairbanks Arts 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: $26,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $181,092
For more financial information, click here
Official website here: www.fairbanksarts.org
What is the mission statement of Fairbanks Arts Association?
The Fairbanks Arts Association is committed to the promotion and preservation of the arts. Their mission encompasses fostering an environment where artistic expression thrives and is celebrated. They strive to support local artists, engage the community in cultural events, and ensure that the arts continue to be a vital part of society. The association also aims to educate and inspire future generations by offering programs and workshops that promote artistic growth and appreciation. Through their various initiatives, they seek to enrich the lives of individuals and contribute to a more culturally vibrant community.
Official website here: www.fairbanksarts.org
Who is the CEO of Fairbanks Arts Association?
Jessica Pena is the Director of Fairbanks Arts Association.
Official website here: www.fairbanksarts.org
What is the revenue of Fairbanks Arts Association?
Fairbanks Arts Association's revenue in 2022 was $499,259.
Official website here: www.fairbanksarts.org
Who are the executives of Fairbanks Arts Association and what are their salaries?
The average compensation at Fairbanks Arts Association during 2022 was $23,066. There are 9 employees and 145 volunteers at Fairbanks Arts Association.
Here are 8 key members and their salaries:
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- Compensation: $55,038
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Official website here: www.fairbanksarts.org
Where can I find the form 990 for Fairbanks Arts Association?
Fairbanks Arts Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fairbanksarts.org
Learn more at the official website: www.fairbanksarts.org
Mission Statement of Fairbanks Arts Association
Fairbanks Arts Association is committed to the promotion and preservation of the arts. This mission is at the heart of their operations, driving them to support and foster artistic growth and appreciation. By promoting the arts, they aim to enrich the cultural landscape and provide opportunities for artists and art enthusiasts alike. Meanwhile, their preservation efforts ensure that the rich artistic heritage is safeguarded and passed on to future generations. The organization's dedication to the arts is not just about showcasing talent but also about fostering a creative community where artists can thrive and the public can engage with art in meaningful ways.
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Impact
July, 2024
Fairbanks Arts Association plays a significant role in promoting and preserving the arts in Fairbanks, AK. Through its various programs and initiatives, it fosters a vibrant arts community and provides opportunities for artists to showcase their talent. By supporting and showcasing local artists, Fairbanks Arts Association contributes to the cultural richness of the community and enhances the quality of life for residents. Additionally, the organization's efforts help to educate and inspire individuals of all ages about the value and importance of the arts.
This information is meant to be a general summary of Fairbanks Arts 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: -$5,779
- Program Service Revenue: $111,841
- Gross Receipts: $1,816,882
Assets and Liabilities:
- Total Assets: $262,842
- Total Liabilities: $51,942
- Net Assets: $210,900
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES
Revenue
$89,875
SCHOOL BILLINGS
Revenue
$19,288
FEES
Revenue
$2,678
Organization Details
Founding Year
1966
Phone
(907) 251-8386Principal Officer
Jessica Pena
Main Address
PO BOX 72786, FAIRBANKS, AK, 99707
Website
www.fairbanksarts.orgNTEE Category
Code: A26 - Arts
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