SANTA FE, NM
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)VITAL SPACES, founded in 2024, is a small nonprofit in the Arts, Culture & Humanities sector that reported $503K in total revenue in fiscal year 2025. The organization ran a surplus of $86K, a strong 17% operating margin.
VITAL SPACES IS A COMMUNITY VITALITY ORGANIZATION USING THE ARTS AS A CATALYST FOR ECONOMIC, SOCIAL, AND CULTURAL GROWTH IN SANTA FE. OUR MISSION IS TO EMPOWER ARTISTS, SUPPORT CREATIVE ENTREPRENEURS, AND FOSTER A THRIVING CREATIVE ECONOMY THAT BENEFITS THE CITY'S DIVERSE POPULATIONS.
VITAL SPACES PRODUCES AND HOSTS OVER 300 ACTIVATIONS ANNUALLY, INCLUDING WORKSHOPS, CLASSES, EXHIBITIONS, MARKETS, AND CULTURAL EVENTS. SERVES 15,000-20,000 VISITORS ANNUALLY THROUGH FREE AND...
VITAL SPACES PRODUCES AND HOSTS OVER 300 ACTIVATIONS ANNUALLY, INCLUDING WORKSHOPS, CLASSES, EXHIBITIONS, MARKETS, AND CULTURAL EVENTS. SERVES 15,000-20,000 VISITORS ANNUALLY THROUGH FREE AND LOW-COST PUBLIC PROGRAMMING. ENGAGES 250-350 ARTISTS THROUGH EXHIBITIONS, PERFORMANCES, MARKETS, AND CREATIVE PROGRAMS. SUPPORTS OVER 50 VOLUNTEERS, INTERNS, AND APPRENTICES ANNUALLY THROUGH WORKFORCE DEVELOPMENT AND TRAINING OPPORTUNITIES. MAINTAINS OVER 95% OF PROGRAMMING AS FREE OR LOW-COST TO ENSURE BROAD COMMUNITY ACCESS. OPERATES THE COMMUNITY ART CLOSET, A MONTHLY PROGRAM SERVING 150-250 PARTICIPANTS WITH FREE ART SUPPLIES. PROVIDES AFFORDABLE STUDIO SPACE TO LOCAL ARTISTS THROUGH THE ARTIST STUDIO PROGRAM, SUPPORTING CREATIVE PRODUCTION AND INCOME GENERATION. DELIVERS WORKSHOPS, CLASSES, AND ENTREPRENEURSHIP PROGRAMMING SUPPORTING 20-25 EMERGING ARTISTS AND CREATIVE ENTREPRENEURS ANNUALLY. FACILITATES YOUTH AND TEEN PROGRAMS, INCLUDING SUMMER CAMPS, DJ TRAINING, AND CREATIVE LABS, BUILDING SKILLS AND CAREER PATHWAYS. OPERATES THE UNHOUSED ART PROGRAM, PROVIDING ONGOING CREATIVE OPPORTUNITIES AND INCOME PATHWAYS FOR INDIVIDUALS EXPERIENCING HOUSING INSTABILITY. HOSTS ARTIST MARKETS AND POP-UP EVENTS WITH NO VENDOR FEES, GENERATING TENS OF THOUSANDS OF DOLLARS IN DIRECT INCOME FOR ARTISTS. PRODUCES LARGE-SCALE CULTURAL EVENTS, INCLUDING THE JUNETEENTH CELEBRATION AND THE WONDERFUL FANTASTIC HIP HOP FESTIVAL. ACTIVATES UNDERUTILIZED SPACES INTO COMMUNITY-SERVING CREATIVE HUBS, INCREASING ACCESS TO ARTS, CULTURE, AND ECONOMIC OPPORTUNITY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $503,441 | N/A | N/A |
| Expenses | $417,197 | N/A | N/A |
| Net Income | $86,244 | N/A | N/A |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RAASHAN AHMAD MORRIS | EXECUTIVE DI | 40.00 |
Officer
Director
|
$142,950 | $0 | $142,950 |
| JIM HEYNAN | CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOAN BAKER | VICE CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHRISTOPHER WEBSTER | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| ELENA HIGGINS | SECRETARY | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALEJANDRA AVILA | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER GOETT | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| ISATU KIAGZIABIHER | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| ZIZI MUELLER | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $503,441 | $417,197 | $427,177 | $86,244 |
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