Alaska Arts & Culture Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 244,061 | 251,544 | −7,483 | 2.1 | 0% |
| 2022 | 41,433 | 37,669 | 3,764 | 15.2 | — |
| 2023 | 82,263 | 73,560 | 8,703 | 9.2 | — |
| 2024 | 30,629 | 87,457 | −56,828 | 63.3 | — |
In its most recent public year (2024), this organization spent $56,828 more than it brought in. Its reserves stood at about 63.3 months of spending, up from 2.1 in 2021.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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