Sealaska Heritage Institute

What it reported doing in 2024

Art sealaska heritage institute operates numerous programs to perpetuate northwest coast art-- one of the most distinctive art forms in the world. The goals are to provide opportunities for native artists' professional development; expand demand for native arts through developing native arts markets; provide native arts cross-cultural education among the general public; advocate for artists' access to traditional materials; and, research, preserve, and perpetuate northwest coast art. Shi operates the sealaska heritage arts campus, (atnan ht) in juneau, and partners with university of Alaska southeast and institute of american indian arts to offer higher education opportunities in nwc arts, including in-person and virtual nwc arts classes (including, but not limited to: tool making, formline design, sculptural design, metal engraving, chasing and repouss, basketry, woolen weaving, spruce root gathering and processing, business literacy for artists), on campus, in se Alaska, and beyond. Shi offers optional college credits for all eligible courses and is developing the sealaska heritage certificate of merit to offer a valuable non-college credit credential. The institute hosts tours, performances, traditional ceremonies and artist markets on campus, and offers mentor-apprenticeships, artists residencies, and internships regionally. It is also building its performing arts program with focus on retaining and strengthening the art of oratory and producing a brand new tlingit opera. The institute is building on traditional economies and the use of natural resources that are abundant and readily available in southeast Alaska to revitalize traditional arts and crafts production: we call this the "sustainable art program." shi purchases raw materials from native hunters, supports the training of new artists through mentor- apprenticeships, and produces arts-related curriculum resources and other publications to support continuing education.

Financial Efficiency

• Mission deployment rate: 70.2%; rating input score 70
• Program expense ratio: 88.2%; rating input score 88
• Fundraising efficiency: $71.77 raised per $1 spent on fundraising; rating input score 81; 81st percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 2 of 6 controls in place; rating input score 33
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 99.6%; rating input score 100; 35th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 22.7%; rating input score 84; 84th percentile among comparable filings
• Total-asset coverage ratio: 2.72; rating input score 72; 72nd percentile among comparable filings
• Liabilities to assets ratio: 0.05; rating input score 83; 83rd percentile among comparable filings
• Officer compensation ratio: 8.2%; rating input score 28; 28th percentile among comparable filings

Growth

• Program expense growth: 18.5% per year; rating input score 100; 88th percentile among comparable filings
• Revenue growth: 13.6% per year; rating input score 100; 84th percentile among comparable filings
• Asset growth: 13.9% per year; rating input score 100; 78th percentile among comparable filings