LENSIC PERFORMING ARTS CENTER

EIN: 850448396 501(c)(3) Philanthropy & Grantmaking

SANTA FE, NM

Total Revenue
$8,690,969
Total Expenses
$7,901,643
Total Assets
$18,900,910
Net Assets
$17,743,622
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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
NM
Principal Officer
JOEL AALBERTS
Phone
5059887050
Tax Period
2023-01-01 to 2023-12-31

LENSIC PERFORMING ARTS CENTER, founded in 1997, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $8.7M in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $7.9M left a modest 9% surplus.

Mission

THE HISTORIC LENSIC - SANTA FE'S PERFORMING ARTS CENTER - ENRICHES LIVES BY BRINGING DIVERSE ART AND PEOPLE TOGETHER. THROUGH ITS ACCESSIBLE AND AFFORDABLE PROGRAMMING, THE LENSIC PRESENTS AND SUPPORTS LOCL AND NATIONAL ARTISTS AND SERVES AS A CENTER FOR COMMUNITY, YOUTH, AND EDUCATION EVENTS.

Program Service Accomplishments

Program 1
Expenses: $2,673,639 Revenue: $683,972

THE ORGANIZATION MAINTAINS AND OPERATES THE HISTORIC LENSIC THEATER WHICH FUNCTIONS YEAR-ROUND. THE LENSIC IS A HOME STAGE FOR OUR CONSORTIUM PARTNERS, THE SANTA FE SYMPHONY, PERFORMANCE SANTA FE...

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THE ORGANIZATION MAINTAINS AND OPERATES THE HISTORIC LENSIC THEATER WHICH FUNCTIONS YEAR-ROUND. THE LENSIC IS A HOME STAGE FOR OUR CONSORTIUM PARTNERS, THE SANTA FE SYMPHONY, PERFORMANCE SANTA FE, SANTA FE PRO MUSICA, AND SANTA FE CHAMBER MUSIC, AS WELL AS MANY OTHER LOCAL ORGANIZATIONS LIKE SANTA FE INSTITUTE, ASPEN SANTA FE BALLET, AND AMP. WE OFFER DISCOUNTED RENTALS, PROVIDE TECHNICAL, BOX OFFICE, MARKETING SUPPORT, AND ORGANIZATIONS KEEP THEIR TICKET REVENUE.

Program 2
Expenses: $3,281,274 Revenue: $4,025,871

LENSIC PRESENTS PROGRAMS: THE LENSIC PERFORMING ARTS CENTER HAS PRESENTED AND PRODUCED PERFORMANCES OF ARTISTS FROM AROUND THE WORLD. THE LENSIC'S YEAR-ROUND PROGRAMMING IS INTEGRAL TO FULFILLING THE...

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LENSIC PRESENTS PROGRAMS: THE LENSIC PERFORMING ARTS CENTER HAS PRESENTED AND PRODUCED PERFORMANCES OF ARTISTS FROM AROUND THE WORLD. THE LENSIC'S YEAR-ROUND PROGRAMMING IS INTEGRAL TO FULFILLING THE ORGANIZATION'S MISSION BY PRESENTING A WIDE-RANGING, DIVERSE SERIES OF PROGRAMS AND ARTISTS. PROGRAMS INCLUDE POPULAR CONCERTS, DANCE SHOWS, WORLD MUSIC, JAZZ, CLASSICAL MUSIC, COMEDY, AND FAMILY-FRIENDLY PROGRAMMING. LENSIC 360: IN EARLY 2023, IN AN EFFORT TO REACH NEW AND UNDERSERVED AUDIENCES BEYOND THOSE WHO ARE ABLE TO ATTEND PERFORMANCES AT THE THEATER, WE LAUNCHED LENSIC 360. THIS NEW INITIATIVE PRESENTS A DIVERSE ARRAY OF EVENTS AT OTHER REGIONAL VENUES AND THE LENSIC IN NEW MEXICO, INCLUDING SUMMER SCENE, A 50 SHOW FREE CONCERT SERIES.

Program 3
Expenses: $55,071

THE LENSIC'S ARTS EDUCATION PROGRAMS HAS HAD A TWENTY-YEAR RELATIONSHIP WITH THE PUBLIC SCHOOLS TO BRING ELEMENTARY SCHOOL CHILDREN TO DAYTIME PERFORMANCES, PROVIDING WHAT IS FOR MANY CHILDREN, THEIR...

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THE LENSIC'S ARTS EDUCATION PROGRAMS HAS HAD A TWENTY-YEAR RELATIONSHIP WITH THE PUBLIC SCHOOLS TO BRING ELEMENTARY SCHOOL CHILDREN TO DAYTIME PERFORMANCES, PROVIDING WHAT IS FOR MANY CHILDREN, THEIR FIRST THEATER EXPERIENCE. THE THEATER RUNS A TECHNICAL INTERNSHIP PROGRAM FOR LOCAL HIGH-SCHOOL YOUTH, WHICH PROVIDES SUMMER EMPLOYMENT OPPORTUNITIES TO THE PROGRAM'S GRADUATES. THE EDUCATION PROGRAM, LENSIC FUTURE VOICES ALSO INCLUDES AN ANNUAL FILM AND PHOTOGRAPHY COMPETITION FOR HIGH SCHOOL STUDENTS ACROSS THE STATE. IN 2023, 50 NEW MEXICO SCHOOLS ATTENDED THE EDUCATION EVENTS. SERVING MORE THAN 13,000 K-12 STUDENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,952,161
Program Service Revenue $4,709,843
Investment Income $817,322
Other Revenue $211,643
TOTAL REVENUE $8,690,969

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,825,441
Fundraising Expenses $874,609
Program Expenses $6,009,984
Other Expenses $5,076,202
TOTAL EXPENSES $7,901,643

Year-over-Year Comparison

2023 2022 Change
Revenue $8,690,969 $6,440,957 +0.3%
Expenses $7,901,643 $3,782,470 +1.1%
Net Income $789,326 $2,658,487 -0.7%
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
18
Independent Members
18
Employees
96
Volunteers
70

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
8
$477,142
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOEL AALBERTS EXECUTIVE DI 40.00
Officer
$212,803 $18,978 $231,781
LAURA ACQUAVIVA MANAGING DIR 40.00
Officer
$115,593 $13,538 $129,131
NOELLE MILLER FINANCE DIRE 40.00
Officer
$110,827 $5,403 $116,230
NANCY ZECKENDORF CHAIR, FOUND 20.00
Officer Director
$0 $0 $0
KAREN DURKOVICH PRESIDENT 20.00
Officer Director
$0 $0 $0
ANDREW EISEMAN VICE PRESIDE 5.00
Officer Director
$0 $0 $0
LAWRENCE BECERRA TREASURER 5.00
Officer Director
$0 $0 $0
ALEXIS GIRARD SECRETARY 5.00
Officer Director
$0 $0 $0
CHRIS ANDERSEN DIRECTOR 2.00
Director
$0 $0 $0
JOHN BERNSTEIN DIRECTOR 2.00
Director
$0 $0 $0
ANNE BINGAMAN DIRECTOR 2.00
Director
$0 $0 $0
SARAH BROWN DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL ENGL DIRECTOR 2.00
Director
$0 $0 $0
MARIA GALE DIRECTOR 2.00
Director
$0 $0 $0
MARGIE KINTZ DIRECTOR 2.00
Director
$0 $0 $0
BARBARA LENSSEN DIRECTOR 2.00
Director
$0 $0 $0
DR ROBERT MARTIN DIRECTOR 2.00
Director
$0 $0 $0
MARISA OMELAS DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL ROBBINS DIRECTOR 2.00
Director
$0 $0 $0
BUDDY ROYBAL DIRECTOR 2.00
Director
$0 $0 $0
GERALD STIEBEL DIRECTOR 2.00
Director
$0 $0 $0
JAMES LENFESTEY DIRECTOR LEN 40.00
Highest
$139,484 $8,301 $147,785
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 $8,690,969 $7,901,643 $18,900,910 $789,326
2022 $6,440,957 $3,782,470 $17,078,022 $2,658,487
2021 $4,156,320 $2,887,822 $15,012,313 $1,268,498
2020 $2,803,952 $2,511,524 $13,296,914 $292,428
2019 $6,226,535 $4,183,671 $12,836,743 $2,042,864
2018 $5,491,236 $3,977,006 $10,611,067 $1,514,230
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