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Passes our checks

Fairbanks Arts Association 483

EIN 92-6003435 · Fairbanks, AK

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair63 out of 100GovernanceGood87 out of 100Impact evidenceDescribes programsHow well its results are evidenced

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 35

    Spendable reserves would cover 2.9 months of spending.

  • Debt

    16 of 20

    It owes 21% of what it owns.

  • Living within its means

    12 of 15

    Income exceeded spending by 0% of income.

  • Income trend

    10 of 15

    Income fell 9% on the year before.

  • Spending floor

    15 of 15

    82% 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 25

    6 of 6 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    12 of 15

    Its accounts were reviewed or compiled by an independent accountant, but not audited.

  • No reported misuse

    10 of 10

    Reports 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)
  1. $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.
  2. $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.
  3. $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.
  4. $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

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. 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.

  6. 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.