Alaska State Fair Incorporated is a 501(c)(3) organization based in Palmer, Alaska, registered in 1995, with $12,692,258 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$12.7M
▲ 25.7% vs prior year
Recreation median: $129K
Expenses (FY2024)
$11.0M
Net assets
$15.9M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Alaska State Fair Incorporated— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Alaska State Fair Incorporated: 17 mo reserves · +14% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Alaska State Fair Incorporated— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Alaska State Fair Incorporated: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $7.9M (FY2019) to $12.7M (FY2024) across 6 reported years.
Financial snapshot
Operating margin
13.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$17.5M
Total liabilities
$1.6M
Net assets
$15.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $12,692,258▲25.7% | $10,951,412▲14.7% | $15,938,936▲12.3% | $17,544,302▲18.5% | 990 |
| 2023 | $10,099,311▲1.5% | $9,550,108▲9.6% | $14,198,090▲4.0% | $14,808,300▲5.5% | 990 |
| 2022 | $9,952,579▼17.6% | $8,712,013▲18.4% | $13,648,887▲10.5% | $14,035,564▲11.1% | 990 |
| 2021 | $12,080,076▲402% | $7,359,442▲144% | $12,347,184▲61.9% | $12,629,494▲55.0% | 990 |
| 2020 | $2,404,667▼69.5% | $3,010,269▼62.0% | $7,626,550▼7.4% | $8,149,626▼4.0% | 990 |
| 2019 | $7,872,592 | $7,914,308 | $8,232,152 | $8,489,468 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
12 grants to Alaska State Fair Incorporated totaling $432K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| AARP | Sponsorship of event | 2024 | $16,800 |
| Charities Aid Foundation America | Charitable donation | 2024 | $16,000 |
| AARP | Sponsorship of the 2023 alaska state fair | 2023 | $15,000 |
| Charities Aid Foundation America | Charitable donation | 2023 | $10,000 |
| The Valley Hospital Association Inc | Youth development center historical restoration project; covid mitigation & prevention for the 2021 ak state fair; bright up the night holiday light display | 2022 | $25,500 |
| The Valley Hospital Association Inc | Youth development center historical restoration project; covid mitigation & prevention for the 2021 ak state fair; bright up the night holiday light display | 2022 | $25,500 |
| The Valley Hospital Association Inc | Program support & development/sponsorship | 2021 | $50,500 |
| The Valley Hospital Association Inc | Program support & development/sponsorship | 2021 | $50,500 |
| Charities Aid Foundation America | Charitable donation | 2021 | $10,000 |
| Alaska Community Foundation | Operational support coalition efforts | 2020 | $200,000 |
| AARP | Sponsorship of the 2019 alaska state fair | 2019 | $6,000 |
| AARP | Sponsorship of the 2019 alaska state fair | 2019 | $6,000 |
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Data for Alaska State Fair Incorporated (EIN 92-0027358) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.