New Mexico School For The Arts Art Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 913,969 | 1,349,875 | −435,906 | 4.4 | 13% |
| 2012 | 1,159,921 | 1,185,146 | −25,225 | 4.8 | 59% |
| 2013 | 3,208,324 | 1,500,262 | 1,708,062 | 17.4 | 68% |
| 2014 | 1,343,382 | 1,642,744 | −299,362 | 13.7 | 65% |
| 2015 | 1,705,239 | 1,992,237 | −286,998 | 9.6 | 59% |
| 2016 | 10,307,356 | 2,260,137 | 8,047,219 | 51.2 | 55% |
| 2017 | 6,113,313 | 2,586,145 | 3,527,168 | 61.1 | 47% |
| 2018 | 9,075,141 | 2,270,317 | 6,804,824 | 105.6 | 60% |
| 2019 | 5,782,347 | 2,569,122 | 3,213,225 | 108.5 | 53% |
| 2020 | 4,764,764 | 2,667,719 | 2,097,045 | 113.9 | 56% |
| 2021 | 3,798,402 | 2,072,844 | 1,725,558 | 157.6 | 58% |
| 2022 | 2,927,770 | 2,826,007 | 101,763 | 115.1 | 42% |
| 2023 | 3,930,911 | 3,070,642 | 860,269 | 110.0 | 38% |
In its most recent public year (2023), this organization brought in $860,269 more than it spent. Its reserves stood at about 110 months of spending, up from 4.4 in 2011. Staff pay was 38% of spending. $1,481,465 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
New Mexico School For The Arts Art Institute's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works