Fairbanks Arts Association 483
Public records show a registered, tax-exempt organization in good standing.
What it says it does
PROMOTION AND PRESERVATION OF THE ARTS
- Income
- $428,319
- Spending
- $427,607
- Spent on programs
- 82%
- Reserves
- 2.9 months of spending
- Largest source of income
- government grants, 41%
- Employees
- 13
- Volunteers
- 18
- Highest pay
- $80,000, executive director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 63 out of 100.
Reserves
10 of 35Spendable reserves would cover 2.9 months of spending.
Debt
16 of 20It owes 21% of what it owns.
Living within its means
12 of 15Income exceeded spending by 0% of income.
Income trend
10 of 15Income fell 9% on the year before.
Spending floor
15 of 1582% of spending went to programs and raising each dollar of donations cost 3 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 87 out of 100.
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $102,274 spent. EDUCATIONAL ARTS SUPPORTS MANY EDUCATIONAL PROGRAMS SUCH AS ARTISTS-IN-SCHOOLS. THIS PROGRAM PROVIDES STUDENTS WITH HANDS ON ART LEARNING EXPERIENCES THAT HELP PROVIDE ANOTHER EDUCATIONAL LAYER TO THE MATERIAL THEY ARE ALREADY LEARNING IN THEIR DAILY CLASSROOM. DONATED FACILITIES RENTAL FROM THE FAIRBANKS NORTH STAR BOROUGH ATTRIBUTED $1,987 TO THIS PROGRAM SERVICE ACCOMPLISHMENT.
- $114,201 spent. VISUAL ARTS COMMITTEE SCHEDULES ART EXHIBITS IN THE BEAR GALLERY FOR SOLO AND GROUP EXHIBITS. ARTISTS FROM OUTSIDE THE COMMUNITY ARE BROUGHT IN TO GIVE INTERIOR ARTISTS THE OPPORTUNITY TO CONNECT WITH A BROADER COMMUNITY OF ARTS. ALSO, UP WITH ART IS SUPPORTED BECAUSE IT ALLOWS ELEMENTARY, MIDDLE, AND HIGH SCHOOL STUDENTS TO PUT THEIR ART WORK INTO AN ART EXHIBIT FOR THE COMMUNITY TO APPRECIATE. DONATED FACILITIES RENTAL FROM THE FAIRBANKS NORTH STAR BOROUGH ATTRIBUTED $15,893 TO THIS PROGRAM SERVICE ACCOMPLISHMENT.
- $20,987 spent. PERFORMING ARTS PROGRAMS SUPPORT SUMMER-LONG FREE PERFORMANCES IN PIONEER PARK FOR COMMUNITY MEMBERS AND VISITORS OF ALL AGES TO ENJOY. THIS PLATFORM ALSO GIVES A DIVERSITY OF PERFORMING ARTISTS AN OPPORTUNITY TO RECEIVE PROFESSIONAL DEVELOPMENT AND SHOWCASE THEIR ANTISTRY TO A LIVE AUDIENCE. DONATED FACILITIES RENTAL FROM THE FAIRBANKS NORTH STAR BOROUGH ATTRIBUTED $248 TO THIS PROGRAM SERVICE ACCOMPLISHMENT.
- $113,026 spent. LITERARY ARTS AND REGRANTING SUPPORTS PROGRAMS SUCH AS WRITING IN THE DARK, THE ALASKA WRITERS GUILD, THE STATEWIDE POETRY CONTEST AND THE COMMUNITY WRITERS GROUP TO HELP NURTURE WRITERS SO THAT THEY CAN ACHIEVE THEIR GOALS. REGRANTING CONSISTS OF REGRANTING FUNDS RECEIVED FROM THE CITY OF FAIRBANKS FOR LOCAL ARTIST GROUPS.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 1971.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.