Form 990 for tax year 2024
Filed by ANCHORAGE CONCERT ASSOCIATION INC.
Totals
- Total revenue
- $3,673,674
- Total expenses
- $3,040,189
- Contributions and grants received
- $928,243
- Grants paid
- $0
- Program service revenue
- $1,912,537
- Investment income
- $492,171
- Other revenue
- $340,723
- Total assets, end of year
- $13,020,415
- Total liabilities, end of year
- $373,436
- Net assets or fund balances, end of year
- $12,646,979
- Program services expenses (Part IX)
- $1,736,464
- Management and general expenses
- $1,283,370
- Fundraising expenses
- $20,355
- Program service expenses (Part III)
- $1,736,464
Program services were 57.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$280,000
-
1e · Government grants (contributions)
$75,937
-
1f · All other contributions, gifts and grants
$572,306
-
1g · Noncash contributions included above
$7,500
-
2a · Program service revenue: Admission Revenue
total $1,912,317 · related or exempt $1,912,317
-
2b · Program service revenue: Education Programs
total $220 · related or exempt $220
-
3 · Investment income
total $492,171 · excluded $492,171
-
8c · Net income from fundraising events
total $0
-
10a · Gross sales of inventory
$31,500
-
10b · Cost of goods sold
$16,664
-
10c · Net income from sales of inventory
total $14,836 · related or exempt $14,836
-
11a · Other revenue: Program Advertising
total $7,614 · unrelated business $7,614
-
11b · Other revenue: Miscellaneous Income
total $2,099 · related or exempt $2,099
-
11c · Other revenue: Change in Investment A
total $316,174 · excluded $316,174
-
11e · Other revenue, total
$325,887
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $842,327 · management and general $842,327
-
9 · Other employee benefits
total $53,668 · management and general $53,668
-
10 · Payroll taxes
total $79,129 · management and general $79,129
-
11c · Fees: accounting
total $44,664 · management and general $44,664
-
11g · Fees: other
total $610,372 · program services $607,250 · management and general $3,122
-
13 · Office expenses
total $120,614 · management and general $120,614
-
16 · Occupancy
total $98,230 · management and general $98,230
-
17 · Travel
total $44 · management and general $44
-
19 · Conferences, conventions and meetings
total $28,746 · management and general $28,746
-
23 · Insurance
total $12,826 · management and general $12,826
-
24a · Other expenses: Production Costs
total $667,584 · program services $667,584
-
24b · Other expenses: PublicityMarketing
total $410,686 · program services $410,686
-
24c · Other expenses: Ticketing Costs
total $47,418 · program services $47,418
-
24d · Other expenses: Education Program Costs
total $3,526 · program services $3,526
-
24e · All other expenses
total $20,355 · fundraising $20,355
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $133 · end of year $148
-
2 · Savings and temporary cash investments
beginning of year $717,194 · end of year $568,136
-
3 · Pledges and grants receivable
beginning of year $22,925 · end of year $72,668
-
4 · Accounts receivable
beginning of year $2,000
-
8 · Inventories for sale or use
beginning of year $1,877 · end of year $1,877
-
9 · Prepaid expenses and deferred charges
beginning of year $162,080 · end of year $182,142
-
10a · Land, buildings and equipment: cost or other basis
$202,563
-
10b · Land, buildings and equipment: accumulated depreciation
$202,563
-
11 · Investments: publicly traded securities
beginning of year $5,436,359 · end of year $5,802,617
-
12 · Investments: other securities
beginning of year $6,076,653 · end of year $6,392,827
-
17 · Accounts payable and accrued expenses
beginning of year $135,910 · end of year $122,080
-
19 · Deferred revenue
beginning of year $269,817 · end of year $249,856
-
25 · Other liabilities
end of year $1,500
-
27 · Net assets without donor restrictions
beginning of year $5,936,841 · end of year $6,254,152
-
28 · Net assets with donor restrictions
beginning of year $6,076,653 · end of year $6,392,827
Mission and programs · 2024
Mission
Our Mission is to inspire and enhance the community through the Performing Arts.
-
PROMOTION AND PRODUCTION OF PERFORMING ARTS PRESENTATIONS AND THE GENERATION OF REVENUES FROM TICKET SALES. ENHANCES THE ARTISTIC AND CULTURAL ENVIRONMENT OF ANCHORAGE AND ALASKA.
Expenses $1,736,464 · Revenue $1,912,537
As filed on the 2024 return.
Listed in Part VII
-
Jason Hodges
Executive Director
- Total calculated
- $184,472
- From this org
- $184,472
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40 + 0.5 related
Schedule J breakdown matched by us
- Base
- $160,797
- Bonus
- $23,675
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $184,472
-
Cameron Barrows
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Claudia Russell
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Loki Tobin
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Louis Ulmer
Director
- Total calculated
- $0
- Hours/week
- 4.5 + 0.1 related
-
Miles Baker
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Sean Brean
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Stephanie Erickson
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
John Gregoire
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Chris Schutte
Secretary
- Total calculated
- $0
- Hours/week
- 0.5
-
Chris Vaughn
Treasurer
- Total calculated
- $0
- Hours/week
- 0.5 + 0.1 related
-
Laurie Montano
Vice President
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Rayette Sterling
President
- Total calculated
- $0
- Hours/week
- 1.5 + 0.1 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501c3 · AK · controlled entity
Directly controlled by ACA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 May 2026
- IRS schema version
- 2024v5.2
- Source object
- 202611339349303076
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