Alma
- Assets
- $29.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 03/2019
- Data as of
- 12/2022
- EIN
- 47-4258780
Organization Overview
Alma is located in Albuquerque, NM. The organization was established in 2019. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alma is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Alma generated $169.3k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $184.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ALMA SUMMER INSTITUTE (ASI), WAS FOUNDED IN 1999 AS THE MAYOR'S ART INSTITUTE. ASI PROVIDES TRAINING & MENTORSHIP FOR ARTISTICALLY TALENTED YOUTH & ADULTS IN ALBUQUERQUE. APPRENTICES WORK WITH LEAD ARTISTS TO LEARN EVERY ASPECT OF DESIGN & FABRICATION TO CREATE HANDMADE TILE MOSAICS AND MURALS FOR HIGH-PROFILE PUBLIC ART PROJECTS. ALMA HAS EMPLOYED MORE THAN 275 ARTISTS IN THIS PROCESS. ALMA COMMUNITY TILE & MOSAIC WORKSHOPS PROVIDE LOCAL RESIDENTS OPPORTUNITIES TO LEARN ARTISTIC SKILLS IN CLAY & DESIGN. PARTICIPANTS OF TILE-MAKING WORKSHOPS ALSO SEE THEIR CREATIONS INCLUDED IN ALMA'S ONGOING PUBLIC ART PROJECTS. HUNDREDS OF COMMUNITY MEMBERS HAVE ATTENDED THESE EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margarita Paz-Pedro Operations D | 12 | $19,400 | |
Vanessa Alvarado Outreach Dir | 12 | $14,760 | |
Leon M Powell President | 0.5 | $0 | |
Daisy Quezada Vice Preside | 0.5 | $0 | |
Stephen Calvin Jr Secretary | 0.5 | $0 | |
Kate Smith Past Preside | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $154,656 |
| Total Program Service Revenue | $13,684 |
| Membership dues | $0 |
| Investment income | $17 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $169,343 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $110,306 |
| Professional fees and other payments to independent contractors | $12,397 |
| Occupancy, rent, utilities, and maintenance | $17,410 |
| Printing, publications, postage, and shipping | $34 |
| Other expenses | $43,808 |
| Total expenses | $183,955 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,275 |
| Other assets | $0 |
| Total assets | $29,275 |
| Total liabilities | $1,338 |
| Net assets or fund balances | $27,937 |