Charity Impact Media

Home › Arts, culture & humanities

Anchorage Museum Association

Anchorage, AK · EIN 92-6009317 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Anchorage Museum Association reported $13.2 million in revenue and $13.1 million in expenses for calendar year 2024. Of every $100 it spent, $84.17 went to program services, $9.27 to management and general costs and $6.56 to fundraising. Its largest source of revenue was contributions and grants: 75.2% of the total. Government grants made up 44.1%. The highest compensation it reported for one person was $402,350 (Director/ CEO). 12 people received more than $100,000 in reportable compensation. Revenue fell 0% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $13M

For context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $13M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 876 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
84.2%78.5%
Management & general
Part IX 25(C) ÷ 25(A)
9.3%13.6%
Fundraising
Part IX 25(D) ÷ 25(A)
6.6%6.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.09$0.10
Contributions & grants share of revenue
Part VIII 1h ÷ 12
75.2%57.5%
Government grants share of revenue
Part VIII 1e ÷ 12
44.1%1.7%
Program service revenue share
Part VIII 2g ÷ 12
16.4%20.8%
Highest reported compensation
Part VII-A, columns D–F
$402,350$385,706
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
3.07%2.03%
People paid over $100,000
Part VII, line 2
128
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
11.636.6
Independent voting board members
Part VI 1a–1b
10 of 10100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$6.0M expenses · 54.1% of program spending

Exhibit production: Planning, curation, design, fabrication, installation, and presentation of museum exhibits, including corresponding education and public programs. New changing exhibitions opened, as well as maintenance and updates of permanent exhibitions, including the Art of the North Galleries, Alaska exhibition, Arctic studies center, and discovery center

$2.6M expenses · 23.9% of program spending · revenue $268K

Education and public programs: Preparation and delivery of programs for school groups, teachers, and learners of all ages. Delivery of public programs and community outreach for a wide audience, exploring art, history, science, design, and culture through many perspectives

$1.3M expenses · 11.8% of program spending

Research, Scholarship, and Collections: Acquisition, curation, conservation, and preservation of Museum collection of photographs, archival materials, artwork, and artifacts. Serving as a key research and scholarship center for the study of the North, with fellowships, research programs, and programs that provide access to the collection and knowledge

$1.1M all other programs (line 4d)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Director/ CEO
Officer, 40.0 hrs/week
$355,392$0$46,958$402,350
Chief Financial Officer
Officer, 40.0 hrs/week
$174,731$0$28,186$202,917
DD Of Facilities & Operations
Highest compensated employee, 40.0 hrs/week
$130,400$0$28,126$158,526
DD & Chief Operating Officer
Highest compensated employee, 40.0 hrs/week
$128,019$0$23,807$151,826
DD Collections & Conserv.
Highest compensated employee, 40.0 hrs/week
$119,731$0$30,736$150,467
DD of Philanthr. & Endow.
Highest compensated employee, 40.0 hrs/week
$132,317$0$13,682$145,999
Chief Curator
Highest compensated employee, 40.0 hrs/week
$117,154$0$22,418$139,572

12 people received more than $100,000 in reportable compensation from Anchorage Museum Association (Part VII, line 2). Compensation of current officers, directors and key employees totaled $605K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M201920202021202220232024$13M$13M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$13M$13M84.2%$13M$402,350
2023 (amended) ⓘ$13M$13M84.9%$12M$368,281
2022 ⓘ$11M$11M84.6%$12M$303,414
2021 ⓘ$15M$10M84.7%$13M$306,117
2020 ⓘ$11M$9.9M84.6%$7.8M$284,689
2019 ⓘ$13M$13M87.2%$6.9M$287,409

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b10 · 10 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 587
  • Volunteers Part I, line 6100

Private foundation grants it received

10 private foundations reported grants to Anchorage Museum Association totaling $398K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Anchorage Museum Association's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Anchorage Museum Association, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All arts, culture & humanities charities · Largest charities in Alaska

Questions people ask

How much of Anchorage Museum Association's spending goes to programs?

In calendar year 2024, Anchorage Museum Association reported that 84.2% of its $13.1 million in expenses went to program services, 9.3% to management and general and 6.6% to fundraising (Form 990, Part IX).

How much does Anchorage Museum Association pay its top executive?

The largest total compensation Anchorage Museum Association reported for one person in calendar year 2024 was $402,350, for the role of Director/ CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Anchorage Museum Association get its money?

Of $13.2 million in revenue in calendar year 2024, 75.2% came from contributions and grants (including 44.1% from government grants) and 16.4% from program service revenue (Form 990, Part VIII).

Is Anchorage Museum Association a registered charity?

The IRS lists EIN 92-6009317 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202533219349319578 · read the filing · XML
  • 2023: Form 990 for calendar year 2023 (amended), object 202530249349301438 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202322269349301707 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202201539349300945 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202101379349305825 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202012259349300546 · read the filing

All filings for EIN 92-6009317: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.