AMP Concerts

EIN: 562644410 501(c)(3) Arts, Culture & Humanities

Albuquerque, NM

Total Revenue
$2,728,836
Total Expenses
$2,332,837
Total Assets
$3,796,801
Net Assets
$3,714,356
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
NM
Principal Officer
Neal R Copperman
Phone
5052329868
Tax Period
2023-01-01 to 2023-12-31

AMP Concerts, founded in 2007, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.7M in total revenue in fiscal year 2023. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $2.3M left a modest 15% surplus.

Mission

To provide cultural education through musical performance

Program Service Accomplishments

Program 1
Expenses: $2,253,368 Revenue: $2,460,022

AMP Concerts provides cultural education to the Albuquerque and surrounding areas through musical experiences. AMP Concerts presents a variety of events and workshops highlighting international and...

Read more

AMP Concerts provides cultural education to the Albuquerque and surrounding areas through musical experiences. AMP Concerts presents a variety of events and workshops highlighting international and american musical styles. Approximately 50 volunteers donated approximately 500 hours to help AMP bring its musical outreach program to the State of New Mexico.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $137,621
Program Service Revenue $2,452,722
Investment Income $131,193
Other Revenue $7,300
TOTAL REVENUE $2,728,836

Expense Breakdown

Grants Paid $3,052
Salaries & Benefits $312,585
Fundraising Expenses $3,509
Program Expenses $2,253,368
Other Expenses $2,017,200
TOTAL EXPENSES $2,332,837

Year-over-Year Comparison

2023 2022 Change
Revenue $2,728,836 $6,045,931 -0.5%
Expenses $2,332,837 $4,753,082 -0.5%
Net Income $395,999 $1,292,849 -0.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
6
Volunteers
50

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$164,062
Total Directors
6
$164,062
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Neal R Copperman Executive Dir. 60.00
Officer Director
$151,310 $12,752 $164,062
Jeff Hanson President 2.00
Officer Director
$0 $0 $0
Lisa Ivener Treasurer 2.00
Officer Director
$0 $0 $0
Ron Sisneros Secretary 2.00
Officer Director
$0 $0 $0
Deborah Sorensen Director 2.00
Director
$0 $0 $0
Shalini Shanker Director 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $2,728,836 $2,332,837 $3,796,801 $395,999
2022 $6,045,931 $4,753,082 $3,436,479 $1,292,849
2021 $3,001,207 $1,795,329 $3,001,759 $1,205,878
2020 $965,342 $987,602 $1,035,573 $-22,260
2019 $3,480,623 $3,336,986 $1,026,881 $143,637
2018 $3,202,612 $3,028,338 $795,321 $174,274
Explore More Nonprofits
→Top 100 Nonprofits in New Mexico →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare AMP Concerts with other nonprofits in New Mexico and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.