Mariachi Spectacular de Albuquerque (EIN 710967585) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

Peter Sanchez

Phone

5058360306

Tax Period

2024-01-01 to 2024-12-31

Mariachi Spectacular de Albuquerque, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $430K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $476K exceeded revenue, resulting in a 11% operating deficit.

Mission

To promote culture, arts, and excellence in arts education, contributing to the cultural understanding and appreciation of mariachi folk music and dance in New Mexico and beyond.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $159,261

Program Service Revenue $271,027

Investment Income $0

Other Revenue $0

TOTAL REVENUE $430,288

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $40,148

Program Expenses $396,798

Other Expenses $475,516

TOTAL EXPENSES $475,516

Year-over-Year Comparison

	2024	2023	Change
Revenue	$430,288	$367,078	+0.2%
Expenses	$475,516	$406,867	+0.2%
Net Income	$-45,228	$-39,789	+0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$500,486

Total Directors

$44,625

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Peter Sanchez	Chief Executive Officer	7.00	Officer	$0	$64,996	$320,861
Brian OConnell	Chief Financial & Operating Officer	7.00	Officer	$0	$22,500	$152,500
Randolph M Sanchez	Chairman	0.20	Officer Director	$0	$0	$9,875
Thaddeus Lucero	Director	0.20	Director	$0	$0	$8,875
Charles V Pena	Treasurer	0.20	Officer Director	$0	$0	$8,625
Roberta J Ricci	Secretary	0.20	Officer Director	$0	$0	$8,625
Ray Mares	Director	0.20	Director	$0	$0	$8,625

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	$430,288	$475,516	$265,353	$-45,228
2023	$367,078	$406,867	$299,580	$-39,789
2022	$347,590	$372,580	$320,086	$-24,990

Mariachi Spectacular de Albuquerque