FESTIVAL FAIRBANKS INC Charity Report

Public IRS 990 nonprofit record

FESTIVAL FAIRBANKS INC

EIN 92-0082689 · Fairs (N52)

What they do

Festival Fairbanks Coordinated Numerous Programs and Events This Year, Including Beautification and Development Planning, 26 Concerts In The Plaza, Women Veterans Day, Veterans Day, and The Downtown Fairbanks Bridge of Flags Project. Festival Fairbanks Also Participated In Community Committees Such As The Chena Riverfront Commission and The Clay Street Cemetery Commission. As Part of The Ongoing Project, Chena Riverwalk Phase III, We Collaborated With The City of Fairbanks, FAST Planning, and The Alaska Department of Transportation to Coordinate and Support The Continued Planning Efforts for Completing The Project and Restoring The Riverbank. The Organization Planted and Maintained Acres of Flowers In Golden Heart Plaza and Throughout Downtown Fairbanks. Every Visitor to The Area, As Well As More Than 100,000 Residents, Were Touched By One or More of The Projects Presented By Festival Fairbanks.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $62.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders8 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

44.70%of revenue went to mission work62.3% of expenses · Program services

$71.75spent for every $100 of revenueRevenue covered expenses this year.

27.05%of revenue went to management and office costs37.7% of expenses

$0.70in assets for every $1 spent this yearSome assets cannot be spent right away.

36.9%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $67,164 for JULIE ENGFER JONES (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$289,452

Mission workProgram services$129,38144.70% of revenue62.3% of expenses

ManagementOffice and general costs$78,28727.05% of revenue37.7% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$81,78428.25% of revenueShown in gray on the chart

Total expenses$207,66871.75% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 62.3% mission · 37.7% management · 0.0% fundraisingTotal expenses: 71.75% of revenue

2023Expense mix: 63.9% mission · 36.1% management · 0.0% fundraisingTotal expenses: 88.11% of revenue

2022Expense mix: 64.6% mission · 35.4% management · 0.0% fundraisingTotal expenses: 93.08% of revenue

2021Expense mix: 54.4% mission · 45.6% management · 0.0% fundraisingTotal expenses: 106.28% of revenue

2020Expense mix: 65.8% mission · 28.9% management · 5.4% fundraisingTotal expenses: 89.54% of revenue

2019Expense mix: 72.1% mission · 22.9% management · 5.0% fundraisingTotal expenses: 115.74% of revenue

2018Expense mix: 69.7% mission · 24.5% management · 5.8% fundraisingTotal expenses: 87.89% of revenue

2017Expense mix: 67.5% mission · 28.2% management · 4.3% fundraisingTotal expenses: 116.61% of revenue

Money in and money out

Revenue$289,452

Expenses$207,668

Annual surplus $81,784 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$129,381 · 62.3% of expenses

Management and office costs$78,287 · 37.7% of expenses

See all reported dollar amounts

Revenue$289,452

Expenses$207,668

Assets$144,601

Income$2,480,673

Contributions$106,879

Mission work (program services)$129,381

Management and general$78,287

Accounting fees$2,738

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JULIE ENGFER JONESEXECUTIVE DIRECTOR · 40 hrs/week $67,164

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (8)

JULIE ENGFER JONESEXECUTIVE DIRECTOR

DAVE DEANSECRETARY/TREASURER

JEREMIAH CUTTERDIRECTOR

KAREN LANEDIRECTOR

OLIVIA DOWLINGDIRECTOR

SEAN RICEDIRECTOR

SUE SPRINKLEVICE PRESIDENT

TOM BUNDTZENPRESIDENT

About this charity

Recognized since: January 1982
Location: 510 2ND AVE STE 115, FAIRBANKS, AK 99701-4729
County: Fairbanks North Star
In care of: JULIE ENGFER JONES
Primary officer: JULIE ENGFER JONES, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(907) 456-1984

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: RJG A PROFESSIONAL CORPORATION
NTEE classification: Fairs (N52)
IRS tax category: Fairs