NEW MEXICO JAZZ WORKSHOP INC

EIN: 850247988 501(c)(3) Arts, Culture & Humanities

ALBUQUERQUE, NM

Total Revenue
$416,863
Total Expenses
$434,788
Total Assets
$474,425
Net Assets
$352,933
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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
1976
Legal Domicile
NM
Phone
5052559798
Tax Period
2024-10-01 to 2025-09-30

NEW MEXICO JAZZ WORKSHOP INC, founded in 1976, is a small nonprofit in the Arts, Culture & Humanities sector that reported $417K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year.

Mission

TO PROMOTE PUBLIC INTEREST AND EDUCATION IN JAZZ MUSIC IN NEW MEXICO.

Program Service Accomplishments

Program 1
Expenses: $430,139

PERFORMING ARTS SERIES - LOCAL AND NATIONAL JAZZ ARTISTS PERFORMED AND PROVIDED EDUCATONAL SERVICES. FOCUS IS TO DEVELOP AWARENESS AND APPRECIATION FOR JAZZ MUSIC, AND FOSTER GREATER UNDERSTANDING...

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PERFORMING ARTS SERIES - LOCAL AND NATIONAL JAZZ ARTISTS PERFORMED AND PROVIDED EDUCATONAL SERVICES. FOCUS IS TO DEVELOP AWARENESS AND APPRECIATION FOR JAZZ MUSIC, AND FOSTER GREATER UNDERSTANDING BETWEEN CULTURES. CREATIVE ARTS CAMP FOR CHILDREN TO TEACH JAZZ MUSIC AND DEVELOP AWARENESS AND APPRECIATION FOR JAZZ MUSIC. HONOR JAZZ BANDS FOR MIDDLE AND HIGH SCHOOL STUDENTS. JAZZ INTENSIVE INSTRUCTION FOR HIGH SCHOOL STUDENTS. ADULT EDUCATION PROGRAMS.

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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 $204,428
Program Service Revenue $208,222
Investment Income $4,213
Other Revenue $0
TOTAL REVENUE $416,863

Expense Breakdown

Grants Paid $0
Salaries & Benefits $185,661
Fundraising Expenses $0
Program Expenses $430,139
Other Expenses $249,127
TOTAL EXPENSES $434,788

Year-over-Year Comparison

2024 2023 Change
Revenue $416,863 $482,828 -0.1%
Expenses $434,788 $425,894 +0.0%
Net Income $-17,925 $56,934 -1.3%
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

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Governance

Voting Members
8
Independent Members
8
Employees
5
Volunteers
35

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
5
$82,865
Total Directors
4
$0
Key Employees
4
$89,183
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIA E MAES EXECUTIVE DIRECTOR 0.00
Officer Highest
$68,450 $0 $68,450
MAUD BEENHOUWER PROGRAM COORDINATOR 0.00
Key Emp
$45,343 $0 $45,343
ARTHA MEADORS STAFF 0.00
Key Emp
$34,550 $0 $34,550
RONDA CORDOVA TREASURER 0.00
Officer
$14,415 $0 $14,415
MARA SOBOTKA STAFF 0.00
Key Emp
$9,290 $0 $9,290
MICHAEL KEITH DIRECTOR 0.00
Director
$0 $0 $0
MIRIAM RAY DIRECTOR 0.00
Director
$0 $0 $0
GREGORY BRIGHT DIRECTOR 0.00
Director
$0 $0 $0
MONICA AGUILAR DIRECTOR 0.00
Director
$0 $0 $0
JOANIE GRIFFIN PRESIDENT 0.00
Officer
$0 $0 $0
SHELLEY CHERRIN PRESIDENT ELECT 0.00
Officer
$0 $0 $0
KATHY BLACK SECRETARY 0.00
Officer
$0 $0 $0
KRYSTIAN JAMROZEK STAFF 0.00
Key Emp
$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
2025 $416,863 $434,788 $474,425 $-17,925
2024 $482,828 $425,894 $495,581 $56,934
2023 $386,259 $405,202 $436,787 $-18,943
2022 $393,283 $373,977 $455,948 $19,306
2021 $452,128 $268,965 $444,667 $183,163
2020 $189,842 $220,453 $245,060 $-30,611
2019 $374,127 $419,983 $198,423 $-45,856
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