EMIARTEFLAMENCO ACADEMY

EIN: 830757738 501(c)(3) Education

Santa Fe, NM

Total Revenue
$241,263
Total Expenses
$225,661
Total Assets
$88,593
Net Assets
$88,593
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NM
Principal Officer
Emily Grimm
Phone
5056609122
Tax Period
2024-01-01 to 2024-12-31

EMIARTEFLAMENCO ACADEMY, founded in 2018, is a small nonprofit in the Education sector that reported $241K in total revenue in fiscal year 2024. Revenue surged 73% from the prior year, signaling strong growth momentum. Expenses of $226K left a modest 6% surplus.

Mission

EmiArteFlamenco Academy is produced and directed by Vicente Griego and La Emi. Launched in 2014, this dynamic company is comprised of an ensemble of local and international artists, dancers and musicians. It embraces artistic excellence and is renowned for embodying the power, passion and virtuosity of the art of flamenco. The company's mission is to promote the history and culture of traditional flamenco through cutting-edge performances and classes, captivating people of all ages. The performances and classes also serve to bring the community together in their love for flamenco and supporting the arts in Santa Fe.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $182,087
Program Service Revenue $55,255
Investment Income $0
Other Revenue $3,921
TOTAL REVENUE $241,263

Expense Breakdown

Grants Paid $0
Salaries & Benefits $63,241
Fundraising Expenses $22,496
Program Expenses $173,643
Other Expenses $162,420
TOTAL EXPENSES $225,661

Year-over-Year Comparison

2024 2023 Change
Revenue $241,263 $139,673 +0.7%
Expenses $225,661 N/A N/A
Net Income $15,602 $139,673 -0.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
1
Volunteers
3

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
$0
Total Directors
1
$45,000
Key Employees
1
$45,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Emily Grimm Executive Director 40
Director Key Emp
$45,000 $0 $45,000
Jaclyn Gomez President 10
Officer
$0 $0 $0
Theresa Martinez Vice President 5
Officer
$0 $0 $0
Sonya Silva-Baca Secretary 5
Officer
$0 $0 $0
Jaclyn Gomez Treasurer 10
Officer
$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 $241,263 $225,661 $88,593 $15,602
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