THE FOLK SCHOOL: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- THE FOLK SCHOOL (EIN 45-2974643)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-08-23
- IRS object ID
- 202432369349301188
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-08-23T19:58:39-04:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 461438687 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Norbu Accounting Services LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1621 Howling Dog Trail | AddressLine1Txt |
| City | Fairbanks | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 99709 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 452974643 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Folk School | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FOLK | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 83572 | AddressLine1Txt |
| City | Fairbanks | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 99708 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Douglas Bishop | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 9074571219 | PhoneNum |
| Signature | 2024-08-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Vicki Bishop EA | PreparerPersonNm |
| PTIN | P01692498 | PTIN |
| Phone | 9079788447 | PhoneNum |
| Preparation | 2024-08-23 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-08-08 14:25:15Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $559,272 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | https://folk.school | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2011 | FormationYr |
| Legal Domicile State | AK | LegalDomicileStateCd |
| Activity Or Mission | The Folk School, in keeping with a 200-year-old tradition, is dedicated to enriching lives and building community by passing on skills and personal knowledge in a nurturing environment. The Folk School provides year-round, affordable programs in a variety of hands-on disciplines | ActivityOrMissionDesc |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 6 | VotingMembersIndependentCnt |
| Total Employee | 3 | TotalEmployeeCnt |
| Total Volunteers | 25 | TotalVolunteersCnt |
| Total Gross UBI | $17,495 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $138,115 | PYContributionsGrantsAmt |
| CY Contributions Grants | $122,509 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $112,253 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $131,229 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$9,787 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,415 | CYInvestmentIncomeAmt |
| CY Other Revenue | $17,495 | CYOtherRevenueAmt |
| PY Total Revenue | $240,581 | PYTotalRevenueAmt |
| CY Total Revenue | $274,648 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $71,223 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $82,742 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,661 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $146,214 | PYOtherExpensesAmt |
| CY Other Expenses | $186,384 | CYOtherExpensesAmt |
| PY Total Expenses | $217,437 | PYTotalExpensesAmt |
| CY Total Expenses | $269,126 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $23,144 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,522 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $383,134 | TotalAssetsBOYAmt |
| Total Assets EOY | $391,734 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $157,683 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $147,575 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $225,451 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $244,159 | NetAssetsOrFundBalancesEOYAmt |
| Mission | The Folk School, in keeping with a 200-year-old tradition, is dedicated to enriching lives and building community by passing on skills and personal knowledge in a nurturing environment. The Folk School provides year-round, affordable programs in a variety of hands-on disciplines | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $133,964 | ExpenseAmt |
| Revenue | $131,229 | RevenueAmt |
| Desc | Maintaining a non-competitive, nurturing, multigenerational educational model that fosters the use of indigenous materials and provides unique learning opportunities, and hones skill-based crafts such as woodworking, sewing, art, cooking, music, creative writing, and more. Providing an organizational structure and space for regular, ongoing home-school classes and activities. Serving as a meeting place for clubs and organizations. Establishing long-term programs that encourage community involvement. Providing space for families to create and learn together in a healthy, slow-paced, hands-on way. Creating a slow, creative, thoughtful space where people of all ages can learn skills that take time, patience, and basic human connection. | Desc |
| Total Program Service Expenses | $133,964 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | Yes (true) | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 17 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 3 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 6 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 6 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicyInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Don Kiely | PersonNm |
| Phone | 9074571219 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 83572 | AddressLine1Txt |
| City | Fairbanks | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 99708 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|
| Kuowei Lee | |||||||
| Board Member | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Michael Whalen | |||||||
| Board Member | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Randall Rozier | |||||||
| President | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Matthew Labrenz | |||||||
| Secretary | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Gordon Williams | |||||||
| Vice President | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Douglas Bishop | |||||||
| Treasurer | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| Government Grants | $18,333 | GovernmentGrantsAmt |
| All Other Contributions | $104,176 | AllOtherContributionsAmt |
| Noncash Contributions | $21,173 | NoncashContributionsAmt |
| Total Contributions | $122,509 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Class Materials Fees | 611600 | $20,800 | $20,800 |
| Class Tuition | 611600 | $102,740 | $102,740 |
| Shipping and Merchandis | 611600 | $7,689 | $7,689 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $131,229 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,850 | TotalRevenueColumnAmt |
| Exclusion | $3,850 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $435 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$435 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$435 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$435 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $301,684 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $284,189 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $17,495 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $17,495 | UnrelatedBusinessRevenueAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $274,648 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $130,794 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $17,495 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,850 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,155 | TotalAmt |
| Program Services | $40,931 | ProgramServicesAmt |
| Management And General | $35,224 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,587 | TotalAmt |
| Program Services | $3,540 | ProgramServicesAmt |
| Management And General | $3,047 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,846 | TotalAmt |
| Program Services | $2,495 | ProgramServicesAmt |
| Management And General | $11,351 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,951 | TotalAmt |
| Management And General | $4,951 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,834 | TotalAmt |
| Management And General | $1,834 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,412 | TotalAmt |
| Program Services | $52,704 | ProgramServicesAmt |
| Management And General | $5,708 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,989 | TotalAmt |
| Program Services | $1,898 | ProgramServicesAmt |
| Management And General | $5,091 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,032 | TotalAmt |
| Program Services | $1,253 | ProgramServicesAmt |
| Management And General | $3,962 | ManagementAndGeneralAmt |
| Fundraising | $1,817 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,719 | TotalAmt |
| Program Services | $150 | ProgramServicesAmt |
| Management And General | $8,569 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,264 | TotalAmt |
| Program Services | $525 | ProgramServicesAmt |
| Management And General | $19,739 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $500 | TotalAmt |
| Program Services | $500 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $618 | TotalAmt |
| Program Services | $40 | ProgramServicesAmt |
| Management And General | $578 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,064 | TotalAmt |
| Program Services | $752 | ProgramServicesAmt |
| Management And General | $312 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,910 | TotalAmt |
| Management And General | $7,910 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Tools & Equipment | $1,984 | $1,419 | $565 | |
| Bank & CC Processing Fees | $3,382 | $2,747 | $48 | $587 |
| Supplies & Materials | $26,967 | $22,529 | $4,181 | $257 |
| In-kind Labor & Materials | $21,173 | $1,742 | $19,431 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $739 | TotalAmt |
| Program Services | $739 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $269,126 | TotalAmt |
| Program Services | $133,964 | ProgramServicesAmt |
| Management And General | $132,501 | ManagementAndGeneralAmt |
| Fundraising | $2,661 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,717 | BOYAmt |
| EOY | $99,692 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $137,977 | BOYAmt |
| EOY | $108,314 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$473 | BOYAmt |
| EOY | $304 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,759 | BOYAmt |
| EOY | $7,950 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $41,304 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,965 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,403 | BOYAmt |
| EOY | $37,339 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $123,631 | BOYAmt |
| EOY | $138,015 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $120 | BOYAmt |
| EOY | $120 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $383,134 | BOYAmt |
| EOY | $391,734 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,252 | BOYAmt |
| EOY | $91 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $155,431 | BOYAmt |
| EOY | $147,484 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $157,683 | BOYAmt |
| EOY | $147,575 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $225,451 | BOYAmt |
| EOY | $244,159 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $225,451 | BOYAmt |
| EOY | $244,159 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $383,134 | BOYAmt |
| EOY | $391,734 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $5,522 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $13,186 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $156,816 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $84,745 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $181,567 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $120,012 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $100,951 | CurrentTaxYearAmt |
| Total | $644,091 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $130,339 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $55,997 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $106,183 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $106,048 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $131,613 | CurrentTaxYearAmt |
| Total | $530,180 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $287,155 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $140,742 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $287,750 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $226,060 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $232,564 | CurrentTaxYearAmt |
| Total | $1,174,271 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $1,174,271 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $288 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $399 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,531 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,850 | CurrentTaxYearAmt |
| Total | $7,083 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $288 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $399 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,531 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,850 | CurrentTaxYearAmt |
| Total | $7,083 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $287,170 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $141,030 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $288,149 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $228,591 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $236,414 | CurrentTaxYearAmt |
| Total | $1,181,354 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.99400 | PublicSupportCY509Pct |
| Public Support PY509 | 0.99710 | PublicSupportPY509Pct |
| Investment Income CY | 0.01000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,006 | OtherCostOrOtherBasisAmt |
| Book Value | $11,006 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $27,117 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,336 | DepreciationAmt |
| Book Value | $25,781 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,181 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,629 | DepreciationAmt |
| Book Value | $552 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $37,339 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Alaska Community Foundation | Desc |
| Book Value | $138,015 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $138,015 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Security Deposits Paid | Desc |
| Book Value | $120 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $120 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (9 entries)
| DescDesc | AmtAmt |
|---|---|
| FolkBucks | $3,370 |
| Other Current Liabilities | $604 |
| Alaska Cello Intensive Liability | |
| Dedicated Funds Liability | $106,333 |
| New Home Fund Liability | $18,080 |
| Scholarship Liability | $8,834 |
| Rohde Campus Fund | $10,000 |
| Gift Card Outstanding | -$50 |
| State Unemployment Taxes | $313 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $147,484 | TotalLiabilityAmt |
Schedule G IRS990ScheduleG
Gaming Information GamingInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Pull Tabs | $301,684 | GrossRevenuePullTabsAmt |
| Other Direct Expenses Pull Tabs | $284,189 | OtherDirectExpensesPullTabsAmt |
| Volunteer Labor Pull Tabs | false | VolunteerLaborPullTabsInd |
| Gross Revenue Total Gaming | $301,684 | GrossRevenueTotalGamingAmt |
| Oth Direct Expnss Total Gaming | $284,189 | OthDirectExpnssTotalGamingAmt |
| Direct Expense Summary Gaming | $284,189 | DirectExpenseSummaryGamingAmt |
| Net Gaming Income Summary | $17,495 | NetGamingIncomeSummaryAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | AK | StatesWhereGamingConductedCd |
| Licensed | Yes (true) | LicensedInd |
| License Suspended Etc | false | LicenseSuspendedEtcInd |
| Gaming With Nonmembers | false | GamingWithNonmembersInd |
| Member Of Other Entity | false | MemberOfOtherEntityInd |
| Gaming Other Facility | 1.000 | GamingOtherFacilityPct |
| Individual With Books | Don Kiely | IndividualWithBooksNm |
Persons With Books US Address PersonsWithBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 83572 | AddressLine1Txt |
| City | Fairbanks | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 99708 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct With3rd Prty For Game Rev | Yes (true) | CntrctWith3rdPrtyForGameRevInd |
| Gaming Revenue Received By Org | $17,495 | GamingRevenueReceivedByOrgAmt |
| Gaming Manager Person | Don Kiely | GamingManagerPersonNm |
| Gaming Manager Services Prov | Manage Gaming Account | GamingManagerServicesProvTxt |
| Gaming Manager Is Director Ofcr | Yes (X) | GamingManagerIsDirectorOfcrInd |
| Charitable Distribution Rqr | Yes (true) | CharitableDistributionRqrInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990 governing body review Part VI line 11 | Each Board Member will receive a draft copy of the Form 990 for review prior to filing. |
| Governing documents etc available to public Part VI line 19 | All governing documents and financial statements are available to the public upon individual request. Meetings of the governing body are often times open to the public to attend. |
| Statement of Revenue Part VIII | The Alaska Community Foundation (ACF) funds recognized a $435 Realized Loss for 2023. These funds are comingled for purposes of investing all of the funds at ACF. Approximately 2500 other funds are comingled and invested in a larger portfolio for efficiency and to maximize returns. The resulting gains/losses on the overall portfolio(whether realized or unrealized) are allocated back to each of the funds based upon their respective balances. Therefore, ACF is unable to provide specific original costs, sale proceeds, or other details that are specifically the property of an individual fund. The resulting $435 Realized Loss for 2023 is reported by adding $0 to Part V111, Line 7a(i) and $435 to Part V111, Line 7b(i). |
| List of other fees for services expenses Part IX line 11g | Instructor Fees $50,124Professional Web Design Services $8,288 |
| Part IX response or note to any line in Part IX | Instructor fees to pay for local experts to teach craft-specific courses to general public. |
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