ANCHORAGE, AK
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FRIENDS OF THE MUNICIPALITY OF ANCHORAGE LIBRARIES is a small nonprofit in the Arts, Culture & Humanities sector that reported $225K in total revenue in fiscal year 2025. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $250K exceeded revenue, resulting in a 12% operating deficit.
THE PURPOSES OF THE FRIENDS OF THE LIBRARIES SHALL BE AS SET FORTH IN THE ARTICLES OF INCORPORATION, WHICH ARE AS FOLLOWS: A. TO MAINTAIN AN ASSOCIATION OF PERSONS INTERESTED IN THE ANCHORAGE PUBLIC LIBRARIES THROUGH WHICH INTERESTED PERSONS CAN EFFECTIVELY WORK WITH THE PROFESSIONAL STAFF OF THE MUNICIPALITY OF ANCHORAGE PUBLIC LIBRARIES TO ENHANCE THE. EFFECTIVENESS OF THE LIBRARIES AND THEIR OPERATIONS AND ACTIVITIES; B. TO FOCUS PUBLIC ATTENTION ON THE ANCHORAGE PUBLIC LIBRARIES. C. TO STIMULATE THE USE OF THE RESOURCES AND SERVICES OF THE ANCHORAGE PUBLIC LIBRARIES AMONG ALL CITIZENS, RESIDENTS AND VISITORS OF SOUTHCENTRAL ALASKA; D. TO SUPPORT AND COOPERATE WITH THE PROFESSIONAL STAFF OF THE ANCHORAGE PUBLIC LIBRARIES IN DEVELOPING LIBRARY SERVICES AND FACILITIES FOR THE COMMUNITY; E. TO PROMOTE AND PARTICIPATE IN FUND RAISING ACTIVITIES FOR THE BENEFIT OF THE ANCHORAGE PUBLIC LIBRARIES; F. TO SPONSOR EDUCATIONAL PROGRAMS AND SOCIAL EVENTS FURTHERING THE OBJECTIVES AND PURPOSES O
YOUTH SERVICES PROGRAM - PROVIDE FUNDING FOR SUMMER READING PROGRAM AND ENTERTAINERS FOR CHILDREN'S PROGRAMMING AT 5 LIBRARIES. THESE PROGRAMS ARE ATTENDED BY HUNDREDS OF CHILDREN AND THEIR PARENTS
DONATIONS TO THE LIBRARY FOR BOOKS AND MEDIA- PROVIDES FUNDING TO PURCHASE, LEASE AND REPAIR THE MATERIALS HELD AT THE LIBRARY FOR USE OF THE GENERAL PUBLIC.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $224,508 | $565,678 | -0.6% |
| Expenses | $250,466 | $228,262 | +0.1% |
| Net Income | $-25,958 | $337,416 | -1.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MARY RASMUSSEN | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DENISE YANCEY | VICE PRESIDE | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| BARBARA DERR | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| CAROL STURGULEWSKI | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANNA BREUNINGER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARGARET COSGRAVE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SUE HEINZ | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NANCY HEMSATH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SARA NUNEZ | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KIRSTEN TSCHOFEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $224,508 | $250,466 | $535,171 | $-25,958 |
| 2024 | $565,678 | $228,262 | $561,058 | $337,416 |
Compare FRIENDS OF THE MUNICIPALITY OF ANCHORAGE LIBRARIES with other nonprofits in Alaska and across the country.