Guided by artists, rooted in new mexico, Site Santa Fe celebrates contemporary creative expression.

501(c)(3) charity; gifts are tax-deductible.
67¢ of each $1 spent went to programs.
$200K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $314K a year · 9% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
67%
of spending
Fine: 67% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$200K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Plus $11.5M in investments, Pt X · Ln 11–13
Fine: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $86K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$374K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
21
of 21 voting members
Looks good: 21 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.9M
+15% vs prior year
Spent
$1.9M
To programs
67%
Net assets
$20.4M
By yearFY2020–FY2024
Revenue
$1.9M
FY2021▲ +15%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.7M
FY2021$1.9M
FY2022$4.3M
FY2023$3.2M
FY2023$2.4M
FY2024$6.5M
Expenses
$1.9M
FY2021▼ -14%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.2M
FY2021$1.9M
FY2022$3.3M
FY2023$4.2M
FY2023$2.1M
FY2024$4.5M
Net assets
$20.4M
FY2021▲ +13%
Tap a bar for its year
Net assets by fiscal year
FY2020$18.0M
FY2021$20.4M
FY2022$19.1M
FY2023$19.2M
FY2023$19.6M
FY2024$21.6M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1997.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

67 cents of each dollar spent went to programs.

Program services 67% · $1.3M Management & general 23% · $433K Fundraising 10% · $191K

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

23 people listed on the 990; $200K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
CEO/Chief Curator
$138,332Pt VII · Sec A
CFO/Dep Director
$61,689Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice-Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Louis Grachos’s $310K as CEO/Executive Director is at the 97th percentile of top reported officer pay among 3924 $1–10M 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 · 4 named individuals · Part VII

NameFY2024FY2023FY2023FY2022FY2021FY2020
Louis Grachos$310,351$309,543$322,796$199,424——
Clara Samayoa$156,008$140,494$126,331$107,274$61,689—
Irene Hofmann————$138,332$154,657
Catherine Putnam—————$118,431

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.

See Site Santa Fe executive salaries →

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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

Celebrates contemporary creative expression guided by artists in New Mexico.

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Provided by the organization

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3 programs · $1.3M · in their own filed words · FY2020
01

Exhibitions

Throughout its exhibitions program site explores a rich span of cultural perspectives and makes contemporary art accessible to diverse audiences. Main exhibitions presented at site santa fe during the year included displaced, mary weatherford: canyon - daisy - eden, and sitelab 14: may stevens: mysteries, politics and seas of words.

$771Kprogram expense
02

Education & Public Programs

Site santa fe's education department brings arts programming into communities to co-create projects with a diverse range of participants. Site santa fe's work in the schools is connected to the themes of the current exhibition or public programs, explores ideas relevant to contemporary culture, and gives youth an opportunity to respond…

$301Kprogram expense
03

General Programs

Site santa fe nurtures innovation, discovery, and inspiration through the art of today and creates significant experiences for visitors by presenting the most innovative visual art of our time in new and engaging ways.

$198Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 3 funders$86K
See all 3 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.9M
Ln 12
Gifts and grantsLn 1h$1.5M
Investment incomeLn 3$448K
Fees for servicesLn 2g$20K
Money outPt IX
$1.9M
Ln 25
Programscol B$1.3M
Managementcol C$433K
Fundraisingcol D$191K
Owns and owesPt X
$20.4M
net assets · Ln 32
Cash and savingsLn 1–2$380K
Total assetsLn 16$20.8M
LiabilitiesLn 26$374K
PeoplePt VI, VII
23
listed · VII A
PaidVII A2
Voting boardVI 1a21
IndependentVI 1b21
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.5M
Government grantsLn 1e$348K
Noncash giftsLn 1g$34K
Fundraising eventsLn 1c$141K
Fees for servicesLn 2g$20K
Investment incomeLn 3$448K
Gains on assetsLn 7$329K
Total revenueLn 12$1.9M
Assets in detailPt X, end of year
CashLn 1$380K
Cash and savings togetherLn 1–2$380K
InvestmentsLn 11–13$11.5M
Land, buildings, equipmentLn 10c$8.6M
Other assetsLn 15$40K
Total assetsLn 16$20.8M
LiabilitiesLn 26$374K
Net assetsLn 32$20.4M
OperationsPt I, VI
EmployeesI 563
VolunteersI 621
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$29K$380K
InvestmentsLn 11–13$8.8M$11.5M
Land, buildings, equipmentLn 10c$8.9M$8.6M
Total assetsLn 16$18.4M$20.8M
LiabilitiesLn 26$342K$374K
Net assetsLn 32$18.0M$20.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$210K$107K$72K$30K
Other salaries and wagesLn 7$703K$342K$255K$106K
Other employee benefitsLn 9$46K$28K$12K$6K
Payroll taxesLn 10$67K$33K$24K$10K
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$18K$18K
Other fees for servicesLn 11g$113K$102K$4K$7K
Advertising and promotionLn 12$14K$13K$542
Office expensesLn 13$65K$49K$12K$4K
Information technologyLn 14$53K$48K$3K$3K
OccupancyLn 16$127K$115K$6K$6K
TravelLn 17$9K$8K$1K
Conferences, conventions and meetingsLn 19$2K$252$2K$159
InterestLn 20$5K$5K
Depreciation, depletion and amortizationLn 22$279K$251K$14K$14K
InsuranceLn 23$40K$37K$2K$2K
Other expenses (24a–d)Ln 24$131K$128K$2K$975
All other expensesLn 24e$11K$9K$860$1K
Total functional expensesLn 25$1.9M$1.3M$433K$191K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $6.5M$4.5M$2.0M$21.6M 990 PDF
FY2023 $3.2M$4.2M−$984K$19.2M 990 PDF
FY2022 $4.3M$3.3M$1.0M$19.1M 990 PDF
FY2021 Viewing $1.9M$1.9M$32K$20.4M 990 PDF
FY2020 $1.7M$2.2M−$531K$18.0M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $1,925,368 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,347,556$1,504,259
I-9 Program service revenuePrior year $99,582$20,158
I-10 Investment incomePrior year $286,739$448,210
I-11 Other revenuePrior year −$61,597−$47,259
I-12 Total revenuePrior year $1,672,280$1,925,368
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,231,292$1,026,395
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $972,258$867,315
I-18 Total expensesPrior year $2,203,550$1,893,710
I-19 Revenue less expensesPrior year −$531,270$31,658
Part VI · Governance 21 of 21 board members independent, no flags
VI-1a Voting members of the governing body21
VI-1b Independent voting members21
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,925,368 across 13 lines filed
Lines not itemized here account for $27,838 of total revenue; see the IRS return.
VIII-1b Membership dues$58,575
VIII-1c Fundraising events$140,883
VIII-1e Government grants$348,091
VIII-1f All other contributions, gifts and grants$956,710
VIII-1g Noncash contributions (included above)$33,554
VIII-1h Total contributions, gifts and grants$1,504,259
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $20,158$20,158
VIII-3 Investment incomeExcluded from tax $119,284$119,284
VIII-6 Net rental income or lossExcluded from tax −$47,373−$47,373
VIII-7 Net gain or loss on sales of assetsExcluded from tax $328,926$328,926
VIII-8 Net income from fundraising eventsExcluded from tax −$24,908−$24,908
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $4,225 · Unrelated business −$7,041−$2,816
VIII-12 Total revenueRelated to mission $52,221 · Unrelated business −$7,041 · Excluded from tax $375,929$1,925,368
Part IX · Statement of functional expenses $1,893,710 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $106,978 · Management $72,412 · Fundraising $30,237$209,627
IX-7 Other salaries and wagesPrograms $342,294 · Management $254,551 · Fundraising $106,293$703,138
IX-9 Other employee benefitsPrograms $28,163 · Management $11,761 · Fundraising $6,207$46,131
IX-10 Payroll taxesPrograms $32,989 · Management $24,335 · Fundraising $10,175$67,499
IX-11b Legal feesManagement $1,106$1,106
IX-11c Accounting feesManagement $17,598$17,598
IX-11g Other fees for servicesPrograms $101,614 · Management $4,472 · Fundraising $7,343$113,429
IX-12 Advertising and promotionPrograms $13,347 · Management $542$13,889
IX-13 Office expensesPrograms $48,976 · Management $11,962 · Fundraising $3,663$64,601
IX-14 Information technologyPrograms $47,724 · Management $2,734 · Fundraising $2,734$53,192
IX-16 OccupancyPrograms $115,096 · Management $5,906 · Fundraising $5,959$126,961
IX-17 TravelPrograms $7,781 · Management $1,307$9,088
IX-19 Conferences, conventions and meetingsPrograms $252 · Management $1,517 · Fundraising $159$1,928
IX-20 InterestManagement $4,898$4,898
IX-22 Depreciation, depletion and amortizationPrograms $250,849 · Management $13,936 · Fundraising $13,936$278,721
IX-23 InsurancePrograms $36,990 · Management $1,669 · Fundraising $1,669$40,328
IX-24 Other expenses (24a–d)Programs $127,797 · Management $1,746 · Fundraising $975$130,518
IX-24e All other expensesPrograms $8,725 · Management $860 · Fundraising $1,473$11,058
IX-25 Total functional expensesPrograms $1,269,575 · Management $433,312 · Fundraising $190,823$1,893,710
Part X · Balance sheet $20,776,808 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $29,462$379,954
X-3 Pledges and grants receivableStart of year $478,455$146,968
X-4 Accounts receivableStart of year $32,845$45,200
X-8 Inventories for sale or useStart of year $85,617$60,349
X-9 Prepaid expenses and deferred chargesStart of year $18,274$19,602
X-10c Land, buildings and equipment, netStart of year $8,892,798$8,634,522
X-11 Publicly traded securitiesStart of year $8,806,395$11,450,663
X-15 Other assetsStart of year $39,550$39,550
X-16 Total assetsStart of year $18,383,396$20,776,808
X-17 Accounts payable and accrued expensesStart of year $60,777$87,297
X-19 Deferred revenueStart of year $8,796$19,466
X-24 Unsecured notes and loans payableStart of year $272,000$267,500
X-26 Total liabilitiesStart of year $341,573$374,263
X-27 Net assets without donor restrictionsStart of year $8,683,402$9,160,477
X-28 Net assets with donor restrictionsStart of year $9,358,421$11,242,068
X-32 Total net assets or fund balancesStart of year $18,041,823$20,402,545
X-33 Total liabilities and net assetsStart of year $18,383,396$20,776,808
Part XI · Reconciliation of net assets $20,402,545 net assets at year end
XI-1 Total revenue$1,925,368
XI-2 Total expenses$1,893,710
XI-3 Revenue less expenses$31,658
XI-4 Net assets at start of year$18,041,823
XI-5 Net unrealized gains (losses) on investments$2,329,064
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$20,402,545

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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