FAIRBANKS SUMMER ARTS FESTIVAL

EIN: 920072423 501(c)(3)

FAIRBANKS, AK

Total Revenue
$359,437
Total Expenses
$352,857
Total Assets
$2,113,899
Net Assets
$2,108,440
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
AK
Principal Officer
CORLIS TAYLOR
Phone
9074748869
Tax Period
2024-10-01 to 2025-09-30

FAIRBANKS SUMMER ARTS FESTIVAL, founded in 1979, is a small nonprofit that reported $359K in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. Net assets of $2.1M represent 70 months of operating reserves.

Mission

TO PROVIDE PARTICIPANTS HIGHLY QUALIFIED GUEST ARTISTS WHO OFFER MULTI-DISCIPLINARY STUDY AND PERFORMANCE OPPORTUNITIES THAT INCREASE BOTH PERSONAL GROWTH AND ARTS APPRECIATION IN THE COMMUNITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $106,355
Program Service Revenue $146,161
Investment Income $103,947
Other Revenue $2,974
TOTAL REVENUE $359,437

Expense Breakdown

Grants Paid $0
Salaries & Benefits $73,929
Fundraising Expenses $15,320
Program Expenses $252,555
Other Expenses $278,928
TOTAL EXPENSES $352,857

Year-over-Year Comparison

2024 2023 Change
Revenue $359,437 $298,639 +0.2%
Expenses $352,857 $418,640 -0.2%
Net Income $6,580 $-120,001 -1.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
7
Volunteers
60

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$49,844
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CORLIS TAYLOR PRESIDENT 0.50
Officer Director
$0 $0 $0
DOUG LANGE SECRETARY 0.50
Officer Director
$0 $0 $0
TIM SATRE DIRECTOR 0.50
Director
$0 $0 $0
CATHY CURBY DIRECTOR 0.50
Director
$0 $0 $0
CHERYLL BERRONG DIRECTOR 0.50
Director
$0 $0 $0
AMANDA HUFF DIRECTOR 0.50
Director
$0 $0 $0
TRACIE PENDERGREST VICE-PRESIDENT 0.50
Officer Director
$0 $0 $0
KARL BURRELL TREASURER 0.50
Officer Director
$0 $0 $0
JAUNELLE CELAIRE DIRECTOR 0.50
Director
$0 $0 $0
JAMES MENAKER FORMER EXECUTIVE DIRECTOR 40.00
Officer
$49,844 $0 $49,844
SUSAN RICE EXECUTIVE DIRECTOR 40.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2025 $359,437 $352,857 $2,113,899 $6,580
2024 $298,639 $418,640 $2,009,371 $-120,001
2023 $356,941 $488,054 $1,842,907 $-131,113
2022 $341,195 $425,221 $1,829,404 $-84,026
2021 $303,652 $321,687 $2,313,055 $-18,035
2020 $212,546 $183,525 $2,015,879 $29,021
2019 $462,756 $506,268 $1,925,229 $-43,512
2018 $477,714 $585,476 $1,990,455 $-107,762
Explore More Nonprofits
→Top 100 Nonprofits in Alaska →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare FAIRBANKS SUMMER ARTS FESTIVAL with other nonprofits in Alaska and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.