Alma
- Assets
- $67.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 03/2019
- Data as of
- 12/2021
- 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 12/2021, Alma generated $180.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $167.6k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
MAYORS ART INSTITUTE CREATED IN 1999 PROVIDES TRAINING AND MENTORSHIP FOR ARTISTICALLY TALENTED YOUTH AND ADULTS. APPRENTICES WORK WITH THE LEAD ARTISTS TO CREATE HANDMADE TILES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vanessa Alvarado Outreach Director | 12 | $19,850 | |
Margarita Paz-Pedro Operations Director | 12 | $19,760 | |
Maud Beenhouwer Admin Director | 10 | $8,157 | |
Daisy Quezada Vice President | 0.5 | $0 | |
George Radnovich Director | 0.5 | $0 | |
Kates Smith Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $148,461 |
| Total Program Service Revenue | $26,717 |
| Membership dues | $0 |
| Investment income | $40 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,000 |
| Other Revenue | $0 |
| Total Revenue | $180,270 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $100,971 |
| Professional fees and other payments to independent contractors | $3,600 |
| Occupancy, rent, utilities, and maintenance | $25,474 |
| Printing, publications, postage, and shipping | $6,658 |
| Other expenses | $30,930 |
| Total expenses | $167,633 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,962 |
| Other assets | $0 |
| Total assets | $67,078 |
| Total liabilities | $24,529 |
| Net assets or fund balances | $42,549 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alma has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
Albuquerque Community Foundation Albuquerque, NM PURPOSE: ACF EDUCATION | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Music Associates Of Aspen Inc Aspen, CO | $125,000,117 | $22,688,530 |
Hale Center Foundation For The Arts And Education Orem, UT | $4,571,112 | $5,633,884 |
James Dick Foundation For The Performing Arts Round Top, TX | $11,443,397 | $1,538,849 |
Suzuki Institute Of Dallas Dallas, TX | $1,326,376 | $1,015,482 |
Armstrong Community Music School Austin, TX | $2,247,979 | $838,136 |
Kids Who Care Inc Fort Worth, TX | $671,145 | $801,127 |
Barthelmes Conservatory Inc Tulsa, OK | $226,346 | $568,241 |
Lead Guitar Tucson, AZ | $382,387 | $804,490 |
Phoenix Conservatory Of Music Phoenix, AZ | $402,976 | $846,341 |
Austin Chamber Music Center Austin, TX | $391,345 | $543,096 |
Taos School Of Music Incorporated Taos, NM | $3,000,343 | $563,635 |
Art & Drama Centre Theatre Plano, TX | $0 | $350,681 |