Alaska Childrens Institute for the Performing Arts Inc

Analysis

Alaska Childrens Institute for the Performing Arts Inc is a registered charity in United States, based in Kenai, AK. It received its IRS tax-exemption ruling in January 2000, 26 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, Alaska Childrens Institute for the Performing Arts Inc reported income of $702k and spending of $243k, leaving 65% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $267k to $702k (+163%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 274%. Over the whole period it spent 32% 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 Childrens Institute for the Performing Arts Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within AK. Charities of a similar size with the same main cause include Out of the Woodworks Productions ($702k), Oxford Community Center Inc ($702k) and Touchstone ($702k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $80k (33% of expenses). At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m. It reported 1 employees.