Northern Culture Exchange

Analysis

Northern Culture Exchange is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Northern Culture Exchange reported income of $270k and spending of $305k, spending 113% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $270k to $270k (+0.1%), an average of +0.0% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northern Culture Exchange sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 54th percentile within AK. Charities of a similar size with the same main cause include Shubanjali School of Performing Arts Inc ($270k), International Association for Society and Natural Resources ($270k) and Historic Jayhawk Theatre Inc ($270k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 19% of the total. At year end it held assets of $120k against liabilities of $0, net assets of $120k.