Civic Intelligence

Festival Ballet Albuquerque

990 • Fiscal year 2021 • EIN 27-1993089

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 06, 2022

535 Black Bear Rd NEAlbuquerque, NM 87122

(505) 440-6330

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

50th percentile

0.00x

Higher debt load relative to assets than 50% of similar nonprofits.

2021 filings • NTEE A • <$500k nonprofits • Source year 2021

Liabilities / Revenue

49th percentile

0.00x

Higher debt load relative to revenue than 49% of similar nonprofits.

2021 filings • NTEE A • <$500k nonprofits • Source year 2021

Net Margin

12th percentile

-48%

Higher net margin than 12% of similar nonprofits.

2021 filings • NTEE A • <$500k nonprofits • Source year 2021

Top Officer Pay

84th percentile

$14,996

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 12.1% of source-year revenue.

2021 filings • NTEE A • <$500k nonprofits • Source year 2021

Asset Growth

4th percentile

-66%

Faster asset growth than 4% of similar nonprofits.

2021 filings • NTEE A • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

25th percentile

-36%

Faster revenue growth than 25% of similar nonprofits.

2021 filings • NTEE A • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$30,736

Down $59,973 (-66%) from 2020

Net Assets

Down

$30,727

Down $59,977 (-66%) from 2020

Liabilities

Up

$9

Up $4 (+80%) from 2020

Revenue

Down

$124,006

Down $68,694 (-36%) from 2020

Expenses

Up

$183,983

Up $37,949 (+26%) from 2020

Net Income

Down

-$59,977

Down $106,643 (-229%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0Assets 2010: $6,952Net Assets 2010: $6,9522010Assets 2011: $43,391Liabilities 2011: $9,250Net Assets 2011: $34,1412011Assets 2012: $50,004Liabilities 2012: $7,299Net Assets 2012: $42,7052012Assets 2013: $44,492Liabilities 2013: $15,507Net Assets 2013: $28,9852013Assets 2014: $40,559Liabilities 2014: $17,039Net Assets 2014: $23,5202014Assets 2015: $28,202Liabilities 2015: $16,697Net Assets 2015: $11,5052015Assets 2016: $22,279Liabilities 2016: $19,228Net Assets 2016: $3,0512016Assets 2017: $26,199Liabilities 2017: $19,535Net Assets 2017: $6,6642017Assets 2018: $42,811Liabilities 2018: $15,893Net Assets 2018: $26,9182018Assets 2019: $44,132Liabilities 2019: $94Net Assets 2019: $44,0382019Assets 2020: $90,709Liabilities 2020: $5Net Assets 2020: $90,7042020Assets 2021: $30,736Liabilities 2021: $9Net Assets 2021: $30,7272021Assets 2022: $44,480Liabilities 2022: $23Net Assets 2022: $44,4572022Assets 2023: $75,030Liabilities 2023: $27Net Assets 2023: $75,0032023Assets 2024: $16,846Liabilities 2024: $28Net Assets 2024: $16,8182024Assets 2025: $38,593Liabilities 2025: $7,982Net Assets 2025: $30,6112025

Highlighted filing

2021

Assets$30,736
Liabilities$9
Net Assets$30,727

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2010: $53,818Expenses 2010: $46,866Net Income 2010: $6,9522010Revenue 2011: $122,418Expenses 2011: $95,229Net Income 2011: $27,1892011Expenses 2012: $189,3312012Revenue 2013: $165,678Expenses 2013: $179,398Net Income 2013: -$13,7202013Revenue 2014: $162,228Expenses 2014: $167,693Net Income 2014: -$5,4652014Revenue 2015: $141,628Expenses 2015: $153,643Net Income 2015: -$12,0152015Revenue 2016: $169,420Expenses 2016: $177,761Net Income 2016: -$8,3412016Revenue 2017: $171,908Expenses 2017: $168,083Net Income 2017: $3,8252017Revenue 2018: $219,419Expenses 2018: $199,108Net Income 2018: $20,3112018Revenue 2019: $399,268Expenses 2019: $382,067Net Income 2019: $17,2012019Revenue 2020: $192,700Expenses 2020: $146,034Net Income 2020: $46,6662020Revenue 2021: $124,006Expenses 2021: $183,983Net Income 2021: -$59,9772021Revenue 2022: $261,402Expenses 2022: $247,672Net Income 2022: $13,7302022Revenue 2023: $346,440Expenses 2023: $315,894Net Income 2023: $30,5462023Revenue 2024: $178,872Expenses 2024: $237,057Net Income 2024: -$58,1852024Revenue 2025: $261,013Expenses 2025: $247,220Net Income 2025: $13,7932025

Highlighted filing

2021

Revenue$124,006
Expenses$183,983
Net Income-$59,977
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 6, 2022
Return Version
2021v4.2
Gross Receipts
$127,765
Mission and Program Overview

Mission

The corporation is formed for educational and charitable purposes, within the meaning of section 501(c)(3) of the internal revenue code of 1986, to further the appreciation and advancement in the community of the art of dance, to provide performance and educational opportunities to students of dance, and to provide opportunities for this community to be enriched through the public performance of dance, and to do any other act or thing incidental to or connected with the foregoing purposes or in advancement thereof, but not for the pecuniary profit of financial gain, except as permitted under the new mexico nonprofit corporation act.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$89,178$28,980▼ $60,198
Land, Buildings, and Equipment, Net$1,281$767▼ $514
Prepaid Expenses and Deferred Charges$250$250→ $0
Total Assets$90,709$30,736▼ $59,973
Other Assets Total$0$739▲ $739
Liabilities
Other Liabilities$5$9▲ $4
Total Liabilities$5$9▲ $4
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$90,704$30,727▼ $59,977
Total Net Assets Fund Balance$90,704$30,727▼ $59,977
Total Liabilities and Net Assets / Fund Balance$90,709$30,736▼ $59,973

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$77,267$77,267
Leasehold Improvements$767$1,380$2,147
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Patricia Dickinson WellsDirector/choreographerPT$14,996$14,996
Eva Rios OrnelasSecretary-$1,375$1,375

Board Members and Trustees

NameTitle
Edward K MerewetherExecutive President/direct
Coralee QuintanaDirector
Cynthia HallDirector
Louis GianniniDirector
Valerie Garcia HarrisDirector
Linda M Sedillo GonzalesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$91,121
Program Service Revenue
$25,970
Investment Income
$0
Other Revenue
$6,915
All Other Contributions
$31,743
Change in Net Assets
$-59,977
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$181,893
Total Fundraising Expense$2,613
Salaries, Compensation, and Employee Benefits$2,090
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$144,583--$144,583
Occupancy$13,800$4,752-$18,552
Advertising$5,616-$1,148$6,764
Depreciation Depletion$5,014--$5,014
Fees for Services Accounting-$2,800-$2,800
Office Expenses-$1,033$1,465$2,498
Other Salaries and Wages-$1,918-$1,918
Insurance$1,602--$1,602
Payroll Taxes-$172-$172
Travel$80--$80
Total Functional Expenses$170,695$10,675$2,613$183,983
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$10,674
Fundraising Direct Expenses$3,759
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes$9
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

Election of members and their rights subject to the authority of the board of directors to designate and appoint one or more committees as provided in these bylaws, all corporate powers shall be exercised by or under autority of, and the affairs and property of fba shall be controlled by its board of directors, which shall consist of not less that three (3) and not more that ten (10) directors (not including any es officio directiors). The number of directors may be increased or decreased form time to time by a majority vote of the board of directors; but in no event shall the board of directors consist of less than three (3) directors. In the event the number of directors is increased, the vacancies so created will be filled in the manner specified in sect 5.4 of the articles. There shall be no special qualifications for eligibility for membership on the board of directors; and a person need not be resident of the state of new mexico to be eligible for election or appointment as director. Ex officio directors shall be non-voting members of the board of directors, and shall not be counted in the determination of a quorum.

Form 990, Part VI, Section A, Line 7B

Decisions subject to approval of members the power to adopt, amend or repeal the bylaws or adopt new bylaws shall be vested in the board of directors. Such adoption, amendment or repeal requires a vote of at least two-thirds (2/3) of those directors present at a meeting in which such vote is taken, provide that a quorum has been attained at such meeting.

Form 990, Part VI, Section B, Line 11B

Organization's process to review form 990 a copy of the form 990 is provided to the president of the board. The president reviews the return, signs and submits the efile authorization form to the tax preparer upon approval of the information contained within the return. The return is then electronically filed with the irs.

Form 990, Part VI, Section C, Line 19

Governing documents are made available upon request. Available in hard copy at the offices of the registered agent.

Filing and Contact Details

Filer

Filer Name
Festival Ballet Albuquerque
EIN
27-1993089
Phone
5054406330
Address
535 BLACK BEAR RD NE, ALBUQUERQUE, NM 87122

Signing Officer

Name
Edward Merewether
Title
President
Phone
5054406330
Signed
2022-04-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edward Merewether
Formed
2009
Legal Domicile
Nm
Voting Board Members
7
Independent Board Members
7
Employees
2
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
6501 AMERICAS PARKWAY NE SUITE 500, ALBUQUERQUE, NM 87110
Preparer
Linda M Sedillo Gonzales Ea
Phone
5058428290
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

To further the appreciation and advancement in the community of the art of dance, to provide performance and educational opportunities to students of dance, and to provide opportunities for the community to be enriched through the public performance of dance.

Form 990, Part I, Line 6

All board members volunteer their time to the organization for an estimated total of 569 hours. List of in-kind services included business consulting, marketing and board of director duties valuated at $2,106; accounting services valued at $2,600; and administrative and managerial operations valued at $20,000. In addition there 8 local and national volunteers that act as advisory members to the board and 74 parent volunteers whom worked a total of 713.5 hours.

Form 990, Part III, Line 1

The corporation is formed for educational and charitable purposes, within the meaning of section 501(c)(3)of the internal revenue code of 1986, to further the appreciation and advancement in the community of the art of dance, to provide performance and educational opportunities to students of dance, and to provide opportunities for the community to be enriched through the public performance of dance, and to do any other act or thing incidental to or connected with the foregoing purposes or in advancement thereof, but not for the pecuniary profit of financial gain, except as permitted under the new mexico nonprofit corporation act.

Form 990, Part III, Line 4A

After all the 2021 spring concerts and past 2020 concerts after march of that year were cancelled, festival ballet albuquerque began 2021 by taking film footage from a 2019 performance of sacred journeys ii originally destined to become a documentary in 2020, (which became impossible), and making it into a film: "sacred journeys ii: the live performance recording" which was successfully accepted and screened at the red nation international film festival and the american indian film festival in the fall of 2021. Since february 2020, festival ballet albuquerque (fba) held the first in-theater performance series, nutcracker in the land of enchantment december 17-19, 2021, with nearly all sold out shows. Over 400+ clients of area health and human resource organizations who serve the homeless, physically and mentally challenged, victims of domestic abuse, educational directives, and more, were hosted by fba at a special show, the final dress rehearsal on dec. 16, 2021, with all attending for free this high caliber performance which otherwise they would not have had the opportunity to attend. Prior to this accomplishment of finally being back inside a theater again, following 18 months of shut-down due to the covid 19 pandemic, fba presented an outdoor drive-in performance of the same show in a parking lot at balloon fiesta park on a 340 stage-line theatrical stage. Two performances of nutcracker in the land of enchantment in late may was unorthodox but was a welcomed and uplifting relief to all patrons who attended in a picnic-style setting just outside their vehicles--to be able to have the opportunity to experience a live performance again complete with live dancers and orchestral musicians under the night sky was inspiring, giving new hope to a brighter future past covid. With this performance series, fba was able to provide work opportunities for the first time in months for professional dancers, musicians, designers, and stage tech crews who could not work for the past year and a half. One new piece of choreography by jock soto, memoir chaco, to music by two-time grammy award winning taos pueblo musician, robert mirabal, was choreographed during the shutdown via zoom and other virtual means. This piece was finally performed outdoors, first on grass and then on an outdoor stage, along with screening the film, "sacred journeys ii: the live performance recording", in two outdoor drive-in movie venues in santa fe, nm in late april 2021, and in albuquerque in late may 2021. On sept 8th, fba dancers performed live as guests of the hispanic heritage committee for the hispanic heritage month kick-off press conference in old town in albuquerque. This was the first time this event was held live since 2019. Festival ballet albuquerque has successfully continued to secure financial assistance throughout 2021 from the city of albuquerque city councilors and department of cultural affairs, albuquerque community foundation, network for good-givingtuesday fundraising campaigns, foundations, corporate sponsorships, individual donations, fundraising benefits and more, which helped towards continuing to remain a viable non-profit entity throughout the pandemic until such a time it was safer to resume either modified or regular activities.

Form 990, Part IX, Line 11G

Artistic/choreographers/musicn: program service expenses 56,269. Management and general expenses 0. Fundraising expenses 0. Total expenses 56,269. Lighting: program service expenses 22,645. Management and general expenses 0. Fundraising expenses 0. Total expenses 22,645. Stage crew: program service expenses 43,253. Management and general expenses 0. Fundraising expenses 0. Total expenses 43,253. Technical crew: program service expenses 4,340. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,340. Video/ dvd production: program service expenses 721. Management and general expenses 0. Fundraising expenses 0. Total expenses 721. Performance supplies/costumes: program service expenses 5,382. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,382. Props/equip rental: program service expenses 810. Management and general expenses 0. Fundraising expenses 0. Total expenses 810. Regional dance america fees: program service expenses 1,211. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,211. Nhcc ticket fees/merch cc fees: program service expenses 283. Management and general expenses 0. Fundraising expenses 0. Total expenses 283. Performance theatre rental: program service expenses 9,669. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,669.

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IRS990/OtherAssetsTotalGrp/EOYAmt0739
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt05
IRS990/OtherLiabilitiesGrp/EOYAmt09
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01918
IRS990/OtherSalariesAndWagesGrp/TotalAmt01918
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0172
IRS990/PayrollTaxesGrp/TotalAmt0172
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0250
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0250
IRS990/PrincipalOfficerNm0EDWARD MEREWETHER
IRS990/ProfessionalFundraisingInd00
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IRS990/ProgramServiceRevenueGrp/BusinessCd1711120
IRS990/ProgramServiceRevenueGrp/BusinessCd2711120
IRS990/ProgramServiceRevenueGrp/BusinessCd3711120
IRS990/ProgramServiceRevenueGrp/Desc0ADMISSIONS/ TICKET SALES
IRS990/ProgramServiceRevenueGrp/Desc1COSTUME/AUDITION FEES
IRS990/ProgramServiceRevenueGrp/Desc2SHOW PROGRAM AD SPACES
IRS990/ProgramServiceRevenueGrp/Desc3PROGRAM RELATED MEDIA
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt022298
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11928
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21250
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3494
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt022298
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11928
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3494
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt089479
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0143335
IRS990/PYOtherRevenueAmt0402
IRS990/PYProgramServiceRevenueAmt0102819
IRS990/PYRevenuesLessExpensesAmt046666
IRS990/PYSalariesCompEmpBnftPaidAmt02699
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IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0192700
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-59977
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt025970
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt03977
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt03021
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt04156
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt05240
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt013975
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt098305
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt071592
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt078284
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0428781
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt025970
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0102819
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0288729
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0134213
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt080926
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0632657
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt010674
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0993
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt019553
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt018198
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt017838
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt067256
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/PublicSupportPY509Pct00.97630
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt04156
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt05240
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt013975
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt030369
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0127765
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0193291
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0406587
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0224003
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0177048
IRS990ScheduleA/Total509Grp/TotalAmt01128694
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0127765
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0193291
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0406587
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0224003
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0177048
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01128694
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt077267
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt077267
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0767
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01380
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02147
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0767
IRS990ScheduleD/TotalLiabilityAmt09
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO FURTHER THE APPRECIATION AND ADVANCEMENT IN THE COMMUNITY OF THE ART OF DANCE, TO PROVIDE PERFORMANCE AND EDUCATIONAL OPPORTUNITIES TO STUDENTS OF DANCE, AND TO PROVIDE OPPORTUNITIES FOR THE COMMUNITY TO BE ENRICHED THROUGH THE PUBLIC PERFORMANCE OF DANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS VOLUNTEER THEIR TIME TO THE ORGANIZATION FOR AN ESTIMATED TOTAL OF 569 HOURS. LIST OF IN-KIND SERVICES INCLUDED BUSINESS CONSULTING, MARKETING AND BOARD OF DIRECTOR DUTIES VALUATED AT $2,106; ACCOUNTING SERVICES VALUED AT $2,600; AND ADMINISTRATIVE AND MANAGERIAL OPERATIONS VALUED AT $20,000. IN ADDITION THERE 8 LOCAL AND NATIONAL VOLUNTEERS THAT ACT AS ADVISORY MEMBERS TO THE BOARD AND 74 PARENT VOLUNTEERS WHOM WORKED A TOTAL OF 713.5 HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CORPORATION IS FORMED FOR EDUCATIONAL AND CHARITABLE PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3)OF THE INTERNAL REVENUE CODE OF 1986, TO FURTHER THE APPRECIATION AND ADVANCEMENT IN THE COMMUNITY OF THE ART OF DANCE, TO PROVIDE PERFORMANCE AND EDUCATIONAL OPPORTUNITIES TO STUDENTS OF DANCE, AND TO PROVIDE OPPORTUNITIES FOR THE COMMUNITY TO BE ENRICHED THROUGH THE PUBLIC PERFORMANCE OF DANCE, AND TO DO ANY OTHER ACT OR THING INCIDENTAL TO OR CONNECTED WITH THE FOREGOING PURPOSES OR IN ADVANCEMENT THEREOF, BUT NOT FOR THE PECUNIARY PROFIT OF FINANCIAL GAIN, EXCEPT AS PERMITTED UNDER THE NEW MEXICO NONPROFIT CORPORATION ACT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AFTER ALL THE 2021 SPRING CONCERTS AND PAST 2020 CONCERTS AFTER MARCH OF THAT YEAR WERE CANCELLED, FESTIVAL BALLET ALBUQUERQUE BEGAN 2021 BY TAKING FILM FOOTAGE FROM A 2019 PERFORMANCE OF SACRED JOURNEYS II ORIGINALLY DESTINED TO BECOME A DOCUMENTARY IN 2020, (WHICH BECAME IMPOSSIBLE), AND MAKING IT INTO A FILM: "SACRED JOURNEYS II: THE LIVE PERFORMANCE RECORDING" WHICH WAS SUCCESSFULLY ACCEPTED AND SCREENED AT THE RED NATION INTERNATIONAL FILM FESTIVAL AND THE AMERICAN INDIAN FILM FESTIVAL IN THE FALL OF 2021. SINCE FEBRUARY 2020, FESTIVAL BALLET ALBUQUERQUE (FBA) HELD THE FIRST IN-THEATER PERFORMANCE SERIES, NUTCRACKER IN THE LAND OF ENCHANTMENT DECEMBER 17-19, 2021, WITH NEARLY ALL SOLD OUT SHOWS. OVER 400+ CLIENTS OF AREA HEALTH AND HUMAN RESOURCE ORGANIZATIONS WHO SERVE THE HOMELESS, PHYSICALLY AND MENTALLY CHALLENGED, VICTIMS OF DOMESTIC ABUSE, EDUCATIONAL DIRECTIVES, AND MORE, WERE HOSTED BY FBA AT A SPECIAL SHOW, THE FINAL DRESS REHEARSAL ON DEC. 16, 2021, WITH ALL ATTENDING FOR FREE THIS HIGH CALIBER PERFORMANCE WHICH OTHERWISE THEY WOULD NOT HAVE HAD THE OPPORTUNITY TO ATTEND. PRIOR TO THIS ACCOMPLISHMENT OF FINALLY BEING BACK INSIDE A THEATER AGAIN, FOLLOWING 18 MONTHS OF SHUT-DOWN DUE TO THE COVID 19 PANDEMIC, FBA PRESENTED AN OUTDOOR DRIVE-IN PERFORMANCE OF THE SAME SHOW IN A PARKING LOT AT BALLOON FIESTA PARK ON A 340 STAGE-LINE THEATRICAL STAGE. TWO PERFORMANCES OF NUTCRACKER IN THE LAND OF ENCHANTMENT IN LATE MAY WAS UNORTHODOX BUT WAS A WELCOMED AND UPLIFTING RELIEF TO ALL PATRONS WHO ATTENDED IN A PICNIC-STYLE SETTING JUST OUTSIDE THEIR VEHICLES--TO BE ABLE TO HAVE THE OPPORTUNITY TO EXPERIENCE A LIVE PERFORMANCE AGAIN COMPLETE WITH LIVE DANCERS AND ORCHESTRAL MUSICIANS UNDER THE NIGHT SKY WAS INSPIRING, GIVING NEW HOPE TO A BRIGHTER FUTURE PAST COVID. WITH THIS PERFORMANCE SERIES, FBA WAS ABLE TO PROVIDE WORK OPPORTUNITIES FOR THE FIRST TIME IN MONTHS FOR PROFESSIONAL DANCERS, MUSICIANS, DESIGNERS, AND STAGE TECH CREWS WHO COULD NOT WORK FOR THE PAST YEAR AND A HALF. ONE NEW PIECE OF CHOREOGRAPHY BY JOCK SOTO, MEMOIR CHACO, TO MUSIC BY TWO-TIME GRAMMY AWARD WINNING TAOS PUEBLO MUSICIAN, ROBERT MIRABAL, WAS CHOREOGRAPHED DURING THE SHUTDOWN VIA ZOOM AND OTHER VIRTUAL MEANS. THIS PIECE WAS FINALLY PERFORMED OUTDOORS, FIRST ON GRASS AND THEN ON AN OUTDOOR STAGE, ALONG WITH SCREENING THE FILM, "SACRED JOURNEYS II: THE LIVE PERFORMANCE RECORDING", IN TWO OUTDOOR DRIVE-IN MOVIE VENUES IN SANTA FE, NM IN LATE APRIL 2021, AND IN ALBUQUERQUE IN LATE MAY 2021. ON SEPT 8TH, FBA DANCERS PERFORMED LIVE AS GUESTS OF THE HISPANIC HERITAGE COMMITTEE FOR THE HISPANIC HERITAGE MONTH KICK-OFF PRESS CONFERENCE IN OLD TOWN IN ALBUQUERQUE. THIS WAS THE FIRST TIME THIS EVENT WAS HELD LIVE SINCE 2019. FESTIVAL BALLET ALBUQUERQUE HAS SUCCESSFULLY CONTINUED TO SECURE FINANCIAL ASSISTANCE THROUGHOUT 2021 FROM THE CITY OF ALBUQUERQUE CITY COUNCILORS AND DEPARTMENT OF CULTURAL AFFAIRS, ALBUQUERQUE COMMUNITY FOUNDATION, NETWORK FOR GOOD-GIVINGTUESDAY FUNDRAISING CAMPAIGNS, FOUNDATIONS, CORPORATE SPONSORSHIPS, INDIVIDUAL DONATIONS, FUNDRAISING BENEFITS AND MORE, WHICH HELPED TOWARDS CONTINUING TO REMAIN A VIABLE NON-PROFIT ENTITY THROUGHOUT THE PANDEMIC UNTIL SUCH A TIME IT WAS SAFER TO RESUME EITHER MODIFIED OR REGULAR ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ELECTION OF MEMBERS AND THEIR RIGHTS SUBJECT TO THE AUTHORITY OF THE BOARD OF DIRECTORS TO DESIGNATE AND APPOINT ONE OR MORE COMMITTEES AS PROVIDED IN THESE BYLAWS, ALL CORPORATE POWERS SHALL BE EXERCISED BY OR UNDER AUTORITY OF, AND THE AFFAIRS AND PROPERTY OF FBA SHALL BE CONTROLLED BY ITS BOARD OF DIRECTORS, WHICH SHALL CONSIST OF NOT LESS THAT THREE (3) AND NOT MORE THAT TEN (10) DIRECTORS (NOT INCLUDING ANY ES OFFICIO DIRECTIORS). THE NUMBER OF DIRECTORS MAY BE INCREASED OR DECREASED FORM TIME TO TIME BY A MAJORITY VOTE OF THE BOARD OF DIRECTORS; BUT IN NO EVENT SHALL THE BOARD OF DIRECTORS CONSIST OF LESS THAN THREE (3) DIRECTORS. IN THE EVENT THE NUMBER OF DIRECTORS IS INCREASED, THE VACANCIES SO CREATED WILL BE FILLED IN THE MANNER SPECIFIED IN SECT 5.4 OF THE ARTICLES. THERE SHALL BE NO SPECIAL QUALIFICATIONS FOR ELIGIBILITY FOR MEMBERSHIP ON THE BOARD OF DIRECTORS; AND A PERSON NEED NOT BE RESIDENT OF THE STATE OF NEW MEXICO TO BE ELIGIBLE FOR ELECTION OR APPOINTMENT AS DIRECTOR. EX OFFICIO DIRECTORS SHALL BE NON-VOTING MEMBERS OF THE BOARD OF DIRECTORS, AND SHALL NOT BE COUNTED IN THE DETERMINATION OF A QUORUM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DECISIONS SUBJECT TO APPROVAL OF MEMBERS THE POWER TO ADOPT, AMEND OR REPEAL THE BYLAWS OR ADOPT NEW BYLAWS SHALL BE VESTED IN THE BOARD OF DIRECTORS. SUCH ADOPTION, AMENDMENT OR REPEAL REQUIRES A VOTE OF AT LEAST TWO-THIRDS (2/3) OF THOSE DIRECTORS PRESENT AT A MEETING IN WHICH SUCH VOTE IS TAKEN, PROVIDE THAT A QUORUM HAS BEEN ATTAINED AT SUCH MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ORGANIZATION'S PROCESS TO REVIEW FORM 990 A COPY OF THE FORM 990 IS PROVIDED TO THE PRESIDENT OF THE BOARD. THE PRESIDENT REVIEWS THE RETURN, SIGNS AND SUBMITS THE EFILE AUTHORIZATION FORM TO THE TAX PREPARER UPON APPROVAL OF THE INFORMATION CONTAINED WITHIN THE RETURN. THE RETURN IS THEN ELECTRONICALLY FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. AVAILABLE IN HARD COPY AT THE OFFICES OF THE REGISTERED AGENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ARTISTIC/CHOREOGRAPHERS/MUSICN: PROGRAM SERVICE EXPENSES 56,269. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 56,269. LIGHTING: PROGRAM SERVICE EXPENSES 22,645. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,645. STAGE CREW: PROGRAM SERVICE EXPENSES 43,253. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 43,253. TECHNICAL CREW: PROGRAM SERVICE EXPENSES 4,340. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,340. VIDEO/ DVD PRODUCTION: PROGRAM SERVICE EXPENSES 721. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 721. PERFORMANCE SUPPLIES/COSTUMES: PROGRAM SERVICE EXPENSES 5,382. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,382. PROPS/EQUIP RENTAL: PROGRAM SERVICE EXPENSES 810. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 810. REGIONAL DANCE AMERICA FEES: PROGRAM SERVICE EXPENSES 1,211. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,211. NHCC TICKET FEES/MERCH CC FEES: PROGRAM SERVICE EXPENSES 283. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 283. PERFORMANCE THEATRE RENTAL: PROGRAM SERVICE EXPENSES 9,669. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,669.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART III, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NM
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt090709
IRS990/TotalAssetsEOYAmt030736
IRS990/TotalAssetsGrp/BOYAmt090709
IRS990/TotalAssetsGrp/EOYAmt030736
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt091121
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02613
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010675
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0170695
IRS990/TotalFunctionalExpensesGrp/TotalAmt0183983
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05
IRS990/TotalLiabilitiesEOYAmt09
IRS990/TotalLiabilitiesGrp/BOYAmt05
IRS990/TotalLiabilitiesGrp/EOYAmt09
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt090704
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt030727
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0170695
IRS990/TotalProgramServiceRevenueAmt025970
IRS990/TotalReportableCompFromOrgAmt016371
IRS990/TotalRevenueGrp/ExclusionAmt06915
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt025970
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0124006
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt090709
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt030736
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt080
IRS990/TravelGrp/TotalAmt080
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0535 BLACK BEAR RD NE
IRS990/USAddress/CityNm0ALBUQUERUQE
IRS990/USAddress/StateAbbreviationCd0NM
IRS990/USAddress/ZIPCd087122
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0FESTIVALBALLETABQ.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0EDWARD MEREWETHER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05054406330
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FESTIVAL BALLET ALBUQUERQUE
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ReturnHeader/Filer/EIN0271993089
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ReturnHeader/Filer/USAddress/AddressLine1Txt0535 BLACK BEAR RD NE
ReturnHeader/Filer/USAddress/CityNm0ALBUQUERQUE

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.39$0.08$0.31$2.61$2.47$0.14
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.17$0.00$0.17$1.79$2.37$0.58
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.00$0.75$3.46$3.16$0.31
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.00$0.44$2.61$2.48$0.14
2021Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$1.24$1.84$0.60
2020Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$1.93$1.46$0.47
2019Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$3.99$3.82$0.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.16$0.27$2.19$1.99$0.20
2017Detailed filing. Detailed filing data is available for this year.$0.26$0.20$0.07$1.72$1.68$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.22$0.19$0.03$1.69$1.78$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.28$0.17$0.12$1.42$1.54$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.41$0.17$0.24$1.62$1.68$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.44$0.16$0.29$1.66$1.79$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.07$0.43$1.89
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.09$0.34$1.22$0.95$0.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.07$0.54$0.47$0.07