Alaska Humanities Forum
Analysis
Alaska Humanities Forum is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in January 1985, 41 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 September 2023, Alaska Humanities Forum reported income of $2.8m and spending of $2.8m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.8m to $2.8m (+1.1%), an average of +0.3% a year. The sharpest change came in the year to September 2021, when income rose by 42%. 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, Alaska Humanities Forum sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within AK. Charities of a similar size with the same main cause include American Institute of Biological Sciences Inc ($2.8m), American Evaluation Association ($2.8m) and Racine Art Museum Association Inc ($2.8m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 56% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $237k (8.4% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.0m against liabilities of $842k, net assets of $1.2m. It reported 26 employees.
Income and spending
Where the income comes from
- Contributions & grants 56%
- Program services 40%
- Other 3.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| American Institute of Biological Sciences Inc | Herndon | $2.8m |
| American Evaluation Association | Washington | $2.8m |
| Racine Art Museum Association Inc | Racine | $2.8m |
| Garde Arts Center Inc | New London | $2.8m |