Emiarteflamenco Academy
Nonprofit profile at a glance
- EIN
- 830757738
- IRS 990-EZ coverage
- 2019–2025
- Forms available
- Form 990 2024, Form 990-EZ 2025, Form 990-N 2018
- Location
- Santa Fe, NM, USA
- Phone
- 5056609122
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $146,305
- Expenses
- $192,177
- Assets
- $32,477
- Liabilities
- $64,954
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Emily Grimm (Executive Director)
- Jaclyn Gomez (President)
- Theresa Martinez (Vice President)
People named in this filing
- Emily Grimm (Executive Director)
- Jaclyn Gomez (President)
- Theresa Martinez (Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
EmiArteFlamenco Academy is produced and directed by Vicente Griego and La Emi. Launched in 2014, this dynamic company is comprised of an ensemble of local and international artists, dancers and musicians. It embraces artistic excellence and is renowned for embodying the power, passion and virtuosity of the art of flamenco. The company's mission is to promote the history and culture of traditional flamenco through cutting-edge performances and classes, captivating people of all ages. The performances and classes also serve to bring the community together in their love for flamenco and supporting the arts in Santa Fe.
What it reported doing in 2025
Community outreach for New Mexico public schools
Operating model
- Revenue model
- Earned-program. 97% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 92
- Sustainability: 9
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.3%; rating input score 81
- Program expense ratio: 61.9%; rating input score 62
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 1st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -31.4%; rating input score 4; 4th percentile among comparable filings
- Total-asset coverage ratio: 0.17; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: 2; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 23.4%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: 44.1% per year; rating input score 100; 89th percentile among comparable filings
- Revenue growth: 18% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: 17.3% per year; rating input score 100; 74th percentile among comparable filings
Details
- Where the money goes: 81.3% of revenue deployed · 61.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $119K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2019 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 4/100.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.
- High — Sustainability: Officer compensation ratio scored 15/100.