New Mexico Performing Arts Society
Nonprofit profile at a glance
- EIN
- 453733690
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2014
- Location
- Santa Fe, NM, USA
- Phone
- 5054744513
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Music Groups, Bands, Ensembles
Reported finances
- Revenue
- $142,271
- Expenses
- $144,898
- Assets
- $46,333
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- LINDA MARIANIELLO (President)
- KARL FRANZ VOTE (Vice President)
People named in this filing
- LINDA MARIANIELLO (President)
- KARL FRANZ VOTE (Vice President)
- AARON ALTER (Treasurer)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The New Mexico performing arts society is organized exclusively for charitable, artistic, and educational purposes; more specifically to promote and perform high quality classical music and other performance art forms by New Mexico artists and their guests.
What it reported doing in 2024
New Mexico performing arts society (nmpas) has presented musical and other performances by local artists who represent the highest international standards. In a time of limited resources, nmpas believes that the cost of producing live performances can be reduced by collaborating with world-class artists who have made New Mexico their home. This includes santa fe flute immersion (a week-long flute workshop)as well as instrumental and vocal workshops that emphasize the path to a professional career in music. It also provides opportunities to develop the performing and auditioning skills that make a career possible. Realizing that not everyone who participates will choose a career in music, we nevertheless believe that the skills acquired here will benefit each person in their future lives and careers.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 100
- Sustainability: 29
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 75.8%; rating input score 76
- Program expense ratio: 74.4%; rating input score 74
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -1.8%; rating input score 28; 28th percentile among comparable filings
- Total-asset coverage ratio: 0.32; rating input score 27; 27th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 7.7% per year; rating input score 100; 55th percentile among comparable filings
- Revenue growth: 9.4% per year; rating input score 100; 65th percentile among comparable filings
- Asset growth: 12.3% per year; rating input score 100; 67th percentile among comparable filings
Details
- Where the money goes: 75.8% of revenue deployed · 74.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $108K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 28/100.
- High — Sustainability: Total-asset coverage ratio scored 27/100.