Wise Fool New Mexico

Tax-deductible

Santa Fe, NM501(c)(3)Arts & CultureEIN 85-0473796Revenue $723K in FY2024

On file with the IRSwisefoolnewmexico.orgPo Box 4873, 87502-4873 · Santa Fe, NMTax-exempt since Oct 2000Publicly supported charity — 170(b)(1)(A)(vi)

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IT is Wise Fool New mexico's mission to ignite imagination, build community, and promote social justice through performances and hands-on experiences in the arts of circus, puppetry, and theatre.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
Run by 34 volunteers and 30 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
2 of 5
filings with a surplus
Average surplus $38K a year · 8% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
8 mo
of spending, in cash
Looks good: 7.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
7
named funders · $229K
Looks good: 7 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$89K
24% of total assets
Looks good: liabilities are 24% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$723K
+53% vs prior year
Spent
$451K
To programs
90%
Net assets
$278K
By yearFY2020–FY2024
Revenue
$723K
FY2024▲ +53%
Tap a bar for its year
Revenue by fiscal year
FY2020$317K
FY2021$344K
FY2022$417K
FY2023$474K
FY2024$723K
Expenses
$451K
FY2024▼ -20%
Tap a bar for its year
Expenses by fiscal year
FY2020$277K
FY2021$353K
FY2022$442K
FY2023$562K
FY2024$451K
Net assets
$278K
FY2024▲ ×52
Tap a bar for its year
Net assets by fiscal year
FY2020$128K
FY2021$118K
FY2022$93K
FY2023$5K
FY2024$278K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2000.

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

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $407K Management & general 8% · $37K Fundraising 2% · $7K

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

7 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Co-Executive Director
$0Pt VII · Sec A
Guiding Officer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Co-Executive Director
$0Pt VII · Sec A

Kristen Woods’s $40K as Co-Executive Director is at the 34th 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 · 5 named individuals · Part VII

NameFY2022FY2021FY2020
Kristen Woods$39,612$42,212$31,307
Alishiya Kapoor$39,583$38,388$32,714
Orianna L Farrell—$38,517$33,798
Oriana L Farrell$17,164——
Amaya Alvarado$2,563——

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

Ignites imagination and promotes social justice through circus, puppetry, and theatre arts.

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Provided by the organization

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1 program · $407K · in their own filed words · FY2024
01

In 2024, Wise Fool New Mexico saw steady growth in its programs, continuing to meet the needs of our community. Our youth and teen programs reached over 2,000 students through partnerships with 16+ schools in Santa Fe, including the NM School for the Deaf, as well as through multiple camps and our year-round Teen Troupe.

$407Kprogram 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 · FY2024
See all 7 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$723K
Ln 12
Gifts and grantsLn 1h$501K
Fees for servicesLn 2g$200K
Investment incomeLn 3$21K
Money outPt IX
$451K
Ln 25
Programscol B$407K
Managementcol C$37K
Fundraisingcol D$7K
Owns and owesPt X
$278K
net assets · Ln 32
Cash and savingsLn 1–2$289K
Total assetsLn 16$367K
LiabilitiesLn 26$89K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$501K
Government grantsLn 1e$207K
Fees for servicesLn 2g$200K
Investment incomeLn 3$21K
Other incomeLn 4–11$255
Total revenueLn 12$723K
Assets in detailPt X, end of year
CashLn 1$289K
Cash and savings togetherLn 1–2$289K
Land, buildings, equipmentLn 10c$21K
Total assetsLn 16$367K
LiabilitiesLn 26$89K
Net assetsLn 32$278K
OperationsPt I, VI
EmployeesI 530
VolunteersI 634
Fiscal year endsHeaderDecember
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 FY24End FY24
Cash and savingsLn 1–2$21K$289K
Land, buildings, equipmentLn 10c$22K$21K
Total assetsLn 16$61K$367K
LiabilitiesLn 26$56K$89K
Net assetsLn 32$5K$278K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$106K$98K$6K$2K
Other salaries and wagesLn 7$152K$139K$9K$3K
Payroll taxesLn 10$22K$20K$1K$437
Accounting feesLn 11c$11K$11K
Other fees for servicesLn 11g$22K$20K$1K$442
Advertising and promotionLn 12$12K$12K$237
Office expensesLn 13$25K$23K$1K$492
Information technologyLn 14$1K$1K$82$27
OccupancyLn 16$61K$58K$3K
TravelLn 17$2K$2K
Conferences, conventions and meetingsLn 19$51$51
InterestLn 20$17K$16K$1K$341
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$18K$17K$2K
Total functional expensesLn 25$451K$407K$37K$7K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $723K$451K$273K$278K 990 PDF
FY2023 $474K$562K−$88K$5K 990 PDF
FY2022 $417K$442K−$25K$93K 990 PDF
FY2021 $344K$353K−$9K$118K 990 PDF
FY2020 $317K$277K$40K$128K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $723,342 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $252,041$501,277
I-9 Program service revenuePrior year $220,726$200,331
I-10 Investment incomePrior year $45$21,479
I-11 Other revenuePrior year $762$255
I-12 Total revenuePrior year $473,574$723,342
I-13 Grants and similar amounts paidPrior year $60$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $355,473$279,845
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $206,102$170,717
I-18 Total expensesPrior year $561,635$450,562
I-19 Revenue less expensesPrior year −$88,061$272,780
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
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 $723,342 across 7 lines filed
Lines not itemized here account for $255 of total revenue; see the IRS return.
VIII-1e Government grants$206,649
VIII-1f All other contributions, gifts and grants$294,628
VIII-1h Total contributions, gifts and grants$501,277
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $200,331$200,331
VIII-3 Investment incomeRelated to mission $21,479$21,479
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $222,065 · Unrelated business $0 · Excluded from tax $0$723,342
Part IX · Statement of functional expenses $450,562 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $97,890 · Management $6,383 · Fundraising $2,128$106,401
IX-7 Other salaries and wagesPrograms $139,478 · Management $9,096 · Fundraising $3,032$151,606
IX-10 Payroll taxesPrograms $20,091 · Management $1,310 · Fundraising $437$21,838
IX-11c Accounting feesManagement $11,193$11,193
IX-11g Other fees for servicesPrograms $20,317 · Management $1,325 · Fundraising $442$22,084
IX-12 Advertising and promotionPrograms $11,609 · Fundraising $237$11,846
IX-13 Office expensesPrograms $22,612 · Management $1,475 · Fundraising $492$24,579
IX-14 Information technologyPrograms $1,250 · Management $82 · Fundraising $27$1,359
IX-16 OccupancyPrograms $58,155 · Management $3,061$61,216
IX-17 TravelPrograms $1,950$1,950
IX-19 Conferences, conventions and meetingsPrograms $51$51
IX-20 InterestPrograms $15,676 · Management $1,022 · Fundraising $341$17,039
IX-22 Depreciation, depletion and amortizationPrograms $1,189$1,189
IX-23 InsurancePrograms $16,646 · Management $1,565$18,211
IX-25 Total functional expensesPrograms $406,914 · Management $36,512 · Fundraising $7,136$450,562
Part X · Balance sheet $367,359 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $21,020$289,032
X-3 Pledges and grants receivableStart of year $8,413$57,635
X-10c Land, buildings and equipment, netStart of year $21,881$20,692
X-16 Total assetsStart of year $61,314$367,359
X-17 Accounts payable and accrued expensesStart of year $10,542$17,416
X-24 Unsecured notes and loans payableStart of year $45,459$71,850
X-26 Total liabilitiesStart of year $56,001$89,266
X-27 Net assets without donor restrictionsStart of year $5,313$278,093
X-32 Total net assets or fund balancesStart of year $5,313$278,093
X-33 Total liabilities and net assetsStart of year $61,314$367,359
Part XI · Reconciliation of net assets $278,093 net assets at year end
XI-1 Total revenue$723,342
XI-2 Total expenses$450,562
XI-3 Revenue less expenses$272,780
XI-4 Net assets at start of year$5,313
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$278,093

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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