Anchorage Museum Association
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$13,198,026
Government Grants
44%
Other
20%
Program Services
16%
Contributions
13%
Membership Dues
3%
Investments
3%
Fundraising Events
<1%
Expenses in 2024
$13,093,405
Salaries & Benefits
48%
Offices, Occupancy & IT
33%
Other
12%
Fees to Service Providers
7%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$1,773,736
$1,679,211
-5%
Government Grants
$5,781,005
$5,820,303
+1%
Fundraising Events
$38,759
$38,862
+0%
Program Services
$1,938,730
$2,161,992
+12%
Membership Dues
$438,292
$451,325
+3%
Investments
$297,549
$433,059
+46%
Other
$2,385,141
$2,613,274
+10%
Total Revenues
$12,653,212
$13,198,026
+4%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,763,105
$6,225,289
+8%
Fees to Service Providers
$1,010,422
$893,266
-12%
Advertising & Promotion
$86,278
$99,331
+15%
Offices, Occupancy & IT
$4,201,285
$4,319,282
+3%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$1,570,661
$1,556,237
-1%
Total Expenses
$12,631,751
$13,093,405
+4%
Net income
2023
2024
Change
Net income
+$21,461
+$104,621
+387%
Functional Expenses
Summary
2023
2024
Change
Program
$10,729,652
$11,020,854
+3%
Admin
$1,117,287
$1,213,630
+9%
Fundraising
$784,812
$858,921
+9%
Total Expenses
$12,631,751
$13,093,405
+4%
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