Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2019.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
87 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
10 people listed on the 990; $52K paid to officers and key staff.
Margarita Paz-Pedro’s $27K as Operations D is at the 22nd percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 7 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Margarita Paz-Pedro | $26,640 | $18,600 | $19,400 | $19,760 | — |
| Cassandra Reid | — | — | — | — | $21,815 |
| Vanessa Alvarado | $14,000 | $6,900 | $14,760 | $19,850 | — |
| Vanessa Alvarado Non-Voting | — | — | — | — | $19,480 |
| Margarita Paz-Pedro Non-Voting | — | — | — | — | $15,040 |
| Cristina Tadeo | $10,903 | — | — | — | — |
| Maud Beenhouwer | — | — | — | $8,157 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Nurtures artists of all ages in creating exceptional art and building entrepreneurial skills through paid apprenticeships.
Questions for Alma
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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.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $34K | $58K |
| Total assetsLn 16 | $34K | $58K |
| LiabilitiesLn 26 | $3K | $4K |
| Net assetsLn 32 | $31K | $54K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $52K | $52K | ||
| Other salaries and wagesLn 7 | $124K | $124K | ||
| Payroll taxesLn 10 | $13K | $13K | $13 | |
| Accounting feesLn 11c | $3K | $3K | ||
| Other fees for servicesLn 11g | $6K | $6K | ||
| Advertising and promotionLn 12 | $286 | $286 | ||
| Office expensesLn 13 | $1K | $854 | $285 | |
| Information technologyLn 14 | $4K | $924 | $3K | |
| OccupancyLn 16 | $16K | $16K | ||
| InsuranceLn 23 | $7K | $5 | $7K | |
| Other expenses (24a–d)Ln 24 | $32K | $29K | $3K | $420 |
| All other expensesLn 24e | $3K | $3K | $615 | |
| Total functional expensesLn 25 | $262K | $228K | $34K | $420 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $285K | $262K | $23K | $54K | 990 PDF |
| FY2023 | $186K | $31K | 990 PDF | ||
| FY2022 | $169K | $28K | 990 PDF | ||
| FY2021 | $180K | $43K | 990 PDF | ||
| FY2020 | $120K | $30K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $285,234 revenue, 12 lines filed
Part VI · Governance 7 of 7 board members independent, 2 to look at
Part VIII · Statement of revenue $285,234 across 6 lines filed
Part IX · Statement of functional expenses $262,077 across 12 lines filed
Part X · Balance sheet $58,232 assets, 7 lines filed
Part XI · Reconciliation of net assets $54,439 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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