Overview
What is New Mexico School For The Arts - Art Institute?
The New Mexico School for the Arts - Art Institute is a renowned educational institution situated in Santa Fe, New Mexico, with an address at 500 Montezuma Avenue 200. Established with a mission to nurture young artists demonstrating promise, aptitude, and passion for the arts, this nonprofit organization offers intensive pre-professional art education. Through various programs spread across New Mexico, it provides professional and pre-professional instructions to approximately 279 students. The institute also offers a summer intensive program to cater to the artistic needs of a broader audience. The New Mexico School for the Arts - Art Institute is dedicated to helping passionate young artists realize their full potential by offering a rigorous master of arts and academic education. The organization is staffed by 54 employees committed to this noble cause.
Official website here: www.nmschoolforthearts.ort
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
The New Mexico School for the Arts - Art Institute has achieved an overall score of 86%, reflecting a solid performance in accountability and finance. The charity has a perfect score in several areas, including independent board member representation and policies related to conflicts of interest, whistleblowing, and document retention, which indicates strong governance practices.
However, while the organization scores well in accountability, its program expense ratio of 60.77% suggests that a significant portion of its expenses is allocated to programmatic activities rather than administrative or fundraising costs. This is a point to consider for potential donors interested in the ratio of funds directly supporting programs versus overhead. Overall, the charity demonstrates a commitment to financial responsibility and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is New Mexico School For The Arts - Art Institute legitimate?
New Mexico School For The Arts - Art Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Mexico School For The Arts - Art Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,176,136
For more financial information, click here
Official website here: www.nmschoolforthearts.ort
What is the mission statement of New Mexico School For The Arts - Art Institute?
The New Mexico School for the Arts - Art Institute assists passionate young artists in realizing their full potential by providing them with a rigorous Master of Arts and academic education. The institution's mission is centered around helping these talented individuals develop their skills and talents, fostering an environment that fosters their growth and prepares them for professional careers in the arts. The educational program, established to provide intensive pre-professional art education, serves around 279 students through its various programs offered throughout New Mexico. Additionally, the school offers a summer intensive program to cater to the needs of aspiring artists during their break from regular schooling.
Official website here: www.nmschoolforthearts.ort
Who is the CEO of New Mexico School For The Arts - Art Institute?
Cindy Montoya is the Executive Director of New Mexico School For The Arts - Art Institute.
Official website here: www.nmschoolforthearts.ort
What is the revenue of New Mexico School For The Arts - Art Institute?
New Mexico School For The Arts - Art Institute's revenue in 2022 was $2,927,770.
Official website here: www.nmschoolforthearts.ort
Who are the executives of New Mexico School For The Arts - Art Institute and what are their salaries?
The average compensation at New Mexico School For The Arts - Art Institute during 2022 was $21,780. There are 54 employees and 50 volunteers at New Mexico School For The Arts - Art Institute.
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Official website here: www.nmschoolforthearts.ort
Where can I find the form 990 for New Mexico School For The Arts - Art Institute?
New Mexico School For The Arts - Art Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nmschoolforthearts.ort
Learn more at the official website: www.nmschoolforthearts.ort
Mission Statement of New Mexico School For The Arts - Art Institute
The New Mexico School for the Arts - Art Institute is committed to nurturing passionate young artists, aiding them in realizing their full potential through a rigorous Master of Arts and academic education. This esteemed institution serves as a platform for students demonstrating promise, aptitude, and an unwavering passion for the arts. Providing professional and pre-professional instructions, the New Mexico School for the Arts - Art Institute offers various programs across the state, including a summer intensive program. The total number of students served by this esteemed arts educational institution is approximately 279.
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Impact
October, 2024
The New Mexico School for the Arts - Art Institute plays a crucial role in nurturing the next generation of artists by providing a rigorous education that combines both artistic and academic rigor. By offering intensive pre-professional training to passionate young artists, the institute cultivates talent and creativity in students who demonstrate promise and aptitude in the arts.
With approximately 279 students served, the impact extends throughout New Mexico, fostering a community of skilled individuals poised to contribute to various artistic fields. The comprehensive programs, including a summer intensive, ensure that students receive not only instruction in their specific art form but also the essential academic foundation needed for future success.
By focusing on developing the full potential of its students, the New Mexico School for the Arts - Art Institute contributes significantly to the cultural landscape of the region and empowers young artists to pursue their dreams and aspirations in the arts, ultimately enriching the community at large.
This information is meant to be a general summary of New Mexico School For The Arts - Art Institute. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $479
- Program Service Revenue: $199,265
- Gross Receipts: $2,989,675
Assets and Liabilities:
- Total Assets: $29,060,578
- Total Liabilities: $1,954,580
- Net Assets: $27,105,998
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER INCOME
Revenue
$103,882
SCHOOL FEES
Revenue
$86,132
RESIDENCE FEES
Revenue
$9,251
Organization Details
Founding Year
2009
Phone
(505) 216-7888Principal Officer
Cindy Montoya
Main Address
500 MONTEZUMA AVENUE 200, SANTA FE, NM, 87501
Website
www.nmschoolforthearts.ortNTEE Category
Code: B29 - Education
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