Southwest Alaska Arts Group

Analysis

Southwest Alaska Arts Group is a registered charity in United States, based in Bethel, AK. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southwest Alaska Arts Group reported income of $300k and spending of $386k, spending 129% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $292k to $300k (+2.6%), an average of +2.6% a year. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Southwest Alaska Arts Group sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 56th percentile within AK. Charities of a similar size with the same main cause include Miracle League of Sioux City ($300k), Swim Melbourne Foundation Inc ($300k) and United States Bowling Congress Inc ($300k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 31% of the total. Other salaries and wages came to $87k. At year end it held assets of $183k against liabilities of $2,576, net assets of $180k. It reported 3 employees.