THE CENTER FOR CONTEMPORARY ARTS OF SANTA FE INC

EIN: 850313183 501(c)(3) Arts, Culture & Humanities

SANTA FE, NM

Total Revenue
$923,169
Total Expenses
$711,271
Total Assets
$1,654,371
Net Assets
$1,610,984
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
NM
Principal Officer
APRIL CHALAY
Phone
5059821338
Tax Period
2020-11-01 to 2021-10-31

THE CENTER FOR CONTEMPORARY ARTS OF SANTA FE INC, founded in 1983, is a small nonprofit in the Arts, Culture & Humanities sector that reported $923K in total revenue in fiscal year 2020. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $212K, a strong 23% operating margin.

Mission

THROUGH A VARIETY OF MEDIA CREATED BY EMERGING AND ESTABLISHED ARTISTS, THE CENTER FOR CONTEMPORARY ARTS OF SANTA FE, INC. (CENTER) PRESENTS THE ARTS OF OUR TIME AS VITAL ELEMENTS IN THE CULTURAL DIALOGUE IN SANTA FE AND THROUGHOUT NEW MEXICO. THE CENTER PROVIDES SANTA FE AND GREATER NORTHERN NEW MEXICO COMMUNITIES WITH ACCESS TO INTERDISCIPLINARY, MULTI- GENERATIONAL, MULTI-ETHNIC PROGRAMMING IN VISUAL, CINEMA, AND PERFORMING AND ARTS EDUCATION.

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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 (2020)

Revenue Breakdown

Contributions & Grants $873,635
Program Service Revenue $43,452
Investment Income $2
Other Revenue $6,080
TOTAL REVENUE $923,169

Expense Breakdown

Grants Paid $0
Salaries & Benefits $359,834
Fundraising Expenses $65,206
Program Expenses $475,681
Other Expenses $351,437
TOTAL EXPENSES $711,271

Year-over-Year Comparison

2020 2019 Change
Revenue $923,169 $1,036,879 -0.1%
Expenses $711,271 $1,053,912 -0.3%
Net Income $211,898 $-17,033 -13.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
28
Volunteers
N/A

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
$71,339
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARIA GALE CHAIR 4.00
Officer Director
$0 $0 $0
ERIC GARDUNO VICE CHAIR 4.00
Officer Director
$0 $0 $0
MARGO THOMA VICE CHAIR 4.00
Officer Director
$0 $0 $0
MARISOL A NAVAS SACASA SECRETARY 4.00
Officer Director
$0 $0 $0
G STERLING ZINSMEYER DIRECTOR 2.00
Director
$0 $0 $0
JOAN Z COHEN DIRECTOR 2.00
Director
$0 $0 $0
DYANNA TAYLOR DIRECTOR 2.00
Director
$0 $0 $0
JACLYN LIBOWITZ DIRECTOR 2.00
Director
$0 $0 $0
DAVID MUCK DIRECTOR 2.00
Director
$0 $0 $0
DAVID MEYER DIRECTOR 2.00
Director
$0 $0 $0
DORIS FRANCIS DIRECTOR 2.00
Director
$0 $0 $0
APRIL CHALAY CAO 40.00
Officer
$66,236 $5,103 $71,339
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
2021 $923,169 $711,271 $1,654,371 $211,898
2020 $1,036,879 $1,053,912 $1,610,600 $-17,033
2019 $1,496,022 $1,607,917 $1,498,615 $-111,895
2018 $1,495,448 $1,561,377 $1,646,398 $-65,929
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