Northen Culture Exchange
Nonprofit profile at a glance
- EIN
- 455266934
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024, Form 990-N 2013
- Location
- Anchorage, AK, USA
- Phone
- 6466754737
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $160,126
- Expenses
- $200,254
- Assets
- $80,104
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- ANNE BEESLEY (ChairDirector)
- MARIEKE HEATWOLE (TreasVice ChairDir)
- YNGVIL VATN GUTTU (SecretaryDirED)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To create and promote artistic collaborations.
What it reported doing in 2024
Alaska Independent Musicians Initiative - Develops, brands and exports Alaska music. Hosts the Alaska Music Summit and gathers data on the music economy in Alaska. Provides funds for musicians to tour.
Operating model
- Revenue model
- Donor-supported. 93% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 100
- Sustainability: 23
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 75.7%; rating input score 76
- Program expense ratio: 60.5%; rating input score 61
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -25.1%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 0.4; rating input score 32; 32nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 25.5%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: 17.9% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: 15.4% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: 18.3% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 75.7% of revenue deployed · 60.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 5 filed program accomplishments · $121K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 6/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
- High — Sustainability: Officer compensation ratio scored 13/100.