Civic Intelligence

Alaska Arts Southeast Inc.

990 • Fiscal year 2012 • EIN 23-7240278

Oct 01, 2011 to Sep 30, 2012 • Filed on Mar 04, 2013

PO Box 308699835
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

8th percentile

0.00x

Higher debt load relative to assets than 8% of similar nonprofits.

2012 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

68th percentile

7.2%

Faster asset growth than 68% of similar nonprofits.

2012 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$14,793,803

Up $990,789 (+7.2%) from 2011

Net Assets

Up

$14,751,061

Up $1,103,784 (+8.1%) from 2011

Liabilities

Down

$42,742

Down $112,995 (-73%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$1,354,706

Up $292,508 (+28%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2010: $298,683Liabilities 2010: $49,616Net Assets 2010: $249,0672010Assets 2011: $13,803,014Liabilities 2011: $155,737Net Assets 2011: $13,647,2772011Assets 2012: $14,793,803Liabilities 2012: $42,742Net Assets 2012: $14,751,0612012Assets 2013: $15,732,686Liabilities 2013: $1,205,123Net Assets 2013: $14,527,5632013Assets 2014: $15,521,245Liabilities 2014: $432,681Net Assets 2014: $15,088,5642014Assets 2015: $16,380,177Liabilities 2015: $462,714Net Assets 2015: $15,917,4632015Assets 2016: $16,731,579Liabilities 2016: $420,234Net Assets 2016: $16,311,3452016Assets 2017: $18,585,585Liabilities 2017: $1,180,376Net Assets 2017: $17,405,2092017Assets 2018: $18,520,584Liabilities 2018: $841,910Net Assets 2018: $17,678,6742018Assets 2019: $18,345,053Liabilities 2019: $410,334Net Assets 2019: $17,934,7192019Assets 2020: $18,722,499Liabilities 2020: $639,455Net Assets 2020: $18,083,0442020Assets 2021: $19,555,486Liabilities 2021: $566,938Net Assets 2021: $18,988,5482021Assets 2022: $18,825,559Liabilities 2022: $164,594Net Assets 2022: $18,660,9652022Assets 2023: $19,212,277Liabilities 2023: $204,549Net Assets 2023: $19,007,7282023Assets 2024: $19,333,701Liabilities 2024: $175,648Net Assets 2024: $19,158,0532024Assets 2025: $19,714,025Liabilities 2025: $123,557Net Assets 2025: $19,590,4682025

Highlighted filing

2012

Assets$14,793,803
Liabilities$42,742
Net Assets$14,751,061

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $547,7902010Expenses 2011: $1,062,1982011Expenses 2012: $1,354,7062012Expenses 2013: $1,452,7472013Revenue 2014: $2,063,008Expenses 2014: $1,502,007Net Income 2014: $561,0012014Revenue 2015: $2,590,190Expenses 2015: $1,761,291Net Income 2015: $828,8992015Revenue 2016: $2,693,123Expenses 2016: $2,236,368Net Income 2016: $456,7552016Revenue 2017: $3,159,836Expenses 2017: $2,065,972Net Income 2017: $1,093,8642017Revenue 2018: $2,256,345Expenses 2018: $1,982,880Net Income 2018: $273,4652018Revenue 2019: $2,357,941Expenses 2019: $2,101,896Net Income 2019: $256,0452019Revenue 2020: $1,463,636Expenses 2020: $1,315,311Net Income 2020: $148,3252020Revenue 2021: $2,984,564Expenses 2021: $2,089,817Net Income 2021: $894,7472021Revenue 2022: $2,316,509Expenses 2022: $2,587,322Net Income 2022: -$270,8132022Revenue 2023: $2,935,556Expenses 2023: $2,613,446Net Income 2023: $322,1102023Revenue 2024: $2,973,851Expenses 2024: $2,884,203Net Income 2024: $89,6482024Revenue 2025: $3,647,851Expenses 2025: $3,219,362Net Income 2025: $428,4892025

Highlighted filing

2012

Revenue-
Expenses$1,354,706
Net Income-
Jump To
Filing Snapshot
Filing Period
Oct 1, 2011 to Sep 30, 2012
Signed
Mar 4, 2013
Return Version
2011v1.5
Gross Receipts
$2,695,502
Mission and Program Overview

Mission

The mission of alaska arts southeast, inc. Is to build community in alaska by providing opportunities in the arts, culture and recreation in an inclusive, educational and inspirational environment.

Major Activities

Activity 2
Hames recreation center is the largest of 20 buildings gifted to aase in 2011. The building allows aase to further its mission of providing arts and recreation to sitka. The facility houses the only community gymnasium in sitka along with workout and training rooms. The fee structure for the use of the facility includes both drop-in and membership rates. There are currently approximately 600 active memberships. Hames recreation center offers a number of programs which emphasis community wellness through physical activity. The center is administered by one paid position and a large number of volunteers including those serving on the administrative comittee.
Activity 3
On february 1, 2011 aase was gifted the core campus of the former sheldon jackson college. The gift included 20 acres of land and 20 buildings. The campus and buildings provide a permanent home for the sitka fine arts camp. The campus received national historic landmark status in 2001. Program income together with donations, grants and donated services have been combined to begin to restore and renovate the campus. The upgraded facility will enable aase to accomodate and expand programs and services related to its mission: using the arts as the keystone for a consortium of groups who together will turn the campus into a vibrant conmmunity resource and economic engine for the region.
Filing and Contact Details

Filer

EIN
23-7240278
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IRS990/Activity2/Description0HAMES RECREATION CENTER IS THE LARGEST OF 20 BUILDINGS GIFTED TO AASE IN 2011. THE BUILDING ALLOWS AASE TO FURTHER ITS MISSION OF PROVIDING ARTS AND RECREATION TO SITKA. THE FACILITY HOUSES THE ONLY COMMUNITY GYMNASIUM IN SITKA ALONG WITH WORKOUT AND TRAINING ROOMS. THE FEE STRUCTURE FOR THE USE OF THE FACILITY INCLUDES BOTH DROP-IN AND MEMBERSHIP RATES. THERE ARE CURRENTLY APPROXIMATELY 600 ACTIVE MEMBERSHIPS. HAMES RECREATION CENTER OFFERS A NUMBER OF PROGRAMS WHICH EMPHASIS COMMUNITY WELLNESS THROUGH PHYSICAL ACTIVITY. THE CENTER IS ADMINISTERED BY ONE PAID POSITION AND A LARGE NUMBER OF VOLUNTEERS INCLUDING THOSE SERVING ON THE ADMINISTRATIVE COMITTEE.
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IRS990ScheduleO/GeneralExplanation/Explanation0BOARD OF DIRECTORS IS GIVEN AN OPPORTUNITY TO REVIEW FORM 990 BEFORE IT IS SUBMITTED TO THE IRS.
IRS990ScheduleO/GeneralExplanation/Explanation1BOARD OF DIRECTORS REVIEWS EXECUTIVE DIRECTOR'S COMPENSATION AND DOES MARKET RESEARCH TO DETERMINE THAT POSITION IS PAID AT PEER/WORK LOAD LEVEL.
IRS990ScheduleO/GeneralExplanation/Explanation2DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION DURING REGULAR BUSINESS HOURS.
IRS990ScheduleO/GeneralExplanation/Identifier0ORGANIZATION'S PROCESS USED TO REVIEW FORM 990
IRS990ScheduleO/GeneralExplanation/Identifier1COMPENSATION PROCESS FOR TOP OFFICIAL
IRS990ScheduleO/GeneralExplanation/Identifier2GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02016-02-25 16:41:14Z

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$19.7$0.12$19.6$3.65$3.22$0.43
2024Detailed filing. Detailed filing data is available for this year.$19.3$0.18$19.2$2.97$2.88$0.09
2023Detailed filing. Detailed filing data is available for this year.$19.2$0.20$19.0$2.94$2.61$0.32
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.8$0.16$18.7$2.32$2.59$0.27
2021Detailed filing. Detailed filing data is available for this year.$19.6$0.57$19.0$2.98$2.09$0.89
2020Detailed filing. Detailed filing data is available for this year.$18.7$0.64$18.1$1.46$1.32$0.15
2019Detailed filing. Detailed filing data is available for this year.$18.3$0.41$17.9$2.36$2.10$0.26
2018Detailed filing. Detailed filing data is available for this year.$18.5$0.84$17.7$2.26$1.98$0.27
2017Detailed filing. Detailed filing data is available for this year.$18.6$1.18$17.4$3.16$2.07$1.09
2016Detailed filing. Detailed filing data is available for this year.$16.7$0.42$16.3$2.69$2.24$0.46
2015Detailed filing. Detailed filing data is available for this year.$16.4$0.46$15.9$2.59$1.76$0.83
2014Detailed filing. Detailed filing data is available for this year.$15.5$0.43$15.1$2.06$1.50$0.56
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.7$1.21$14.5$1.45
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.8$0.04$14.8$1.35
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.8$0.16$13.6$1.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.05$0.25$0.55