Civic Intelligence

Alma

990EZ • Fiscal year 2022 • EIN 47-4258780

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 28, 2023

PO Box 12885Albuquerque, NM 87195

(505) 507-2070

Siviq Scores

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

Liabilities / Assets

68th percentile

0.05x

Higher debt load relative to assets than 68% of similar nonprofits.

2022 filings • NTEE A • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.01x

Higher debt load relative to revenue than 58% of similar nonprofits.

2022 filings • NTEE A • <$500k nonprofits • Source year 2022

Net Margin

29th percentile

-8.6%

Higher net margin than 29% of similar nonprofits.

2022 filings • NTEE A • <$500k nonprofits • Source year 2022

Top Officer Pay

86th percentile

$19,400

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 11.5% of source-year revenue.

2022 filings • NTEE A • <$500k nonprofits • Source year 2022

Asset Growth

8th percentile

-56%

Faster asset growth than 8% of similar nonprofits.

2022 filings • NTEE A • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

32nd percentile

-6.1%

Faster revenue growth than 32% of similar nonprofits.

2022 filings • NTEE A • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$29,275

Down $37,803 (-56%) from 2021

Net Assets

Down

$27,937

Down $14,612 (-34%) from 2021

Liabilities

Down

$1,338

Down $23,191 (-95%) from 2021

Revenue

Down

$169,343

Down $10,927 (-6.1%) from 2021

Expenses

Up

$183,955

Up $16,322 (+9.7%) from 2021

Net Income

Down

-$14,612

Down $27,249 (-216%) from 2021

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2016: $33,701Liabilities 2016: $15,1842016Assets 2017: $90,146Liabilities 2017: $639Net Assets 2017: $89,5072017Assets 2018: $11,733Liabilities 2018: $2922018Assets 2019: $23,034Liabilities 2019: $914Net Assets 2019: $22,1202019Assets 2020: $54,241Liabilities 2020: $24,329Net Assets 2020: $29,9122020Assets 2021: $67,078Liabilities 2021: $24,529Net Assets 2021: $42,5492021Assets 2022: $29,275Liabilities 2022: $1,338Net Assets 2022: $27,9372022Assets 2023: $34,438Liabilities 2023: $3,156Net Assets 2023: $31,2822023Assets 2024: $58,232Liabilities 2024: $3,793Net Assets 2024: $54,4392024

Highlighted filing

2022

Assets$29,275
Liabilities$1,338
Net Assets$27,937

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2016: $182,484Expenses 2016: $163,838Net Income 2016: $18,6462016Revenue 2017: $201,637Expenses 2017: $208,545Net Income 2017: -$6,9082017Revenue 2018: $179,587Expenses 2018: $179,755Net Income 2018: -$1682018Revenue 2019: $186,795Expenses 2019: $176,395Net Income 2019: $10,4002019Revenue 2020: $120,225Expenses 2020: $112,570Net Income 2020: $7,6552020Revenue 2021: $180,270Expenses 2021: $167,633Net Income 2021: $12,6372021Revenue 2022: $169,343Expenses 2022: $183,955Net Income 2022: -$14,6122022Revenue 2023: $185,672Expenses 2023: $180,926Net Income 2023: $4,7462023Revenue 2024: $285,234Expenses 2024: $262,077Net Income 2024: $23,1572024

Highlighted filing

2022

Revenue$169,343
Expenses$183,955
Net Income-$14,612
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 28, 2023
Return Version
2022v5.0
Gross Receipts
$169,343
Mission and Program Overview

Mission

Alma supports and nurtures artists of all ages in creating artworks of exceptional quality while building entrepreneurial skills. Our paid mosaic arts apprenticeship model develops leaders through a diverse and inclusive program.

Program Services

DescriptionGrantsExpenses
ALMA SUMMER INSTITUTE (ASI), WAS FOUNDED IN 1999 AS THE MAYOR'S ART INSTITUTE. ASI PROVIDES TRAINING & MENTORSHIP FOR ARTISTICALLY TALENTED YOUTH & ADULTS IN ALBUQUERQUE. APPRENTICES WORK WITH LEAD ARTISTS TO LEARN EVERY ASPECT OF DESIGN & FABRICATION TO CREATE HANDMADE TILE MOSAICS AND MURALS FOR HIGH-PROFILE PUBLIC ART PROJECTS. ALMA HAS EMPLOYED MORE THAN 275 ARTISTS IN THIS PROCESS. ALMA COMMUNITY TILE & MOSAIC WORKSHOPS PROVIDE LOCAL RESIDENTS OPPORTUNITIES TO LEARN ARTISTIC SKILLS IN CLAY & DESIGN. PARTICIPANTS OF TILE-MAKING WORKSHOPS ALSO SEE THEIR CREATIONS INCLUDED IN ALMA'S ONGOING PUBLIC ART PROJECTS. HUNDREDS OF COMMUNITY MEMBERS HAVE ATTENDED THESE EVENTS.-$183,856
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARGARITA PAZ-PEDROOperations DPT$19,400-$19,400
VANESSA ALVARADOOutreach DirectorPT$14,760-$14,760
LEON M POWELLPresident-$0--
DAISY QUEZADAVice Preside-$0--
STEPHEN CALVIN JRSecretary-$0--
KATE SMITHPast Preside-$0--
GEORGE RADNOVICHDirector-$0--
VALENTIN GARCIADirector-$0--
KATHY GARCIADirector-$0--
Filing and Contact Details

Filer

Filer Name
Alma
EIN
47-4258780
Phone
5055072070
Address
PO BOX 12885, ALBUQUERQUE, NM 87195

Signing Officer

Name
Leon M Powell
Title
President
Phone
5055072070
Signed
2023-09-28
Discuss with paid preparer
Yes

Preparer

Firm
Hinkle Landers Pc
Address
2500 9TH ST NW, ALBUQUERQUE, NM 87102-1055
Preparer
Jeremy T Richter
Phone
5058838788
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 1,630 office expense 27 office supplies 609 insurance 7,403 art supplies 22,422 bank fees 292 business fees & costs 1,462 food 2,270 fundraising costs 99 internet 2,346 maintenance & repair 335 miscellaneous 2,276 penalties 5 training 2,431 workshops 201 total 43,808

Form 990-ez, Part II, Line 24

Other assets 116 0 total 116 0

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 24,529 1,338

Form 990-ez, Part III

Alma supports and nurtures artists of all ages in creating artworks of exceptional quality while building entrepreneurial skills. Our paid mosaic arts apprenticeship model develops leaders through a diverse and inclusive program.

Form 990-ez, Part III, Line 28

Alma summer institute (asi), was founded in 1999 as the mayor's art institute. Asi provides training & mentorship for artistically talented youth & adults in albuquerque. Apprentices work with lead artists to learn every aspect of design & fabrication to create handmade tile mosaics and murals for high-profile public art projects. Alma has employed more than 275 artists in this process. Alma community tile & mosaic workshops provide local residents opportunities to learn artistic skills in clay & design. Participants of tile-making workshops also see their creations included in alma's ongoing public art projects. Hundreds of community members have attended these events.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/PrimaryExemptPurposeTxt0ALMA SUPPORTS AND NURTURES ARTISTS OF ALL AGES IN CREATING ARTWORKS OF EXCEPTIONAL QUALITY WHILE BUILDING ENTREPRENEURIAL SKILLS. OUR PAID MOSAIC ARTS APPRENTICESHIP MODEL DEVELOPS LEADERS THROUGH A DIVERSE AND INCLUSIVE PROGRAM.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 1,630 OFFICE EXPENSE 27 OFFICE SUPPLIES 609 INSURANCE 7,403 ART SUPPLIES 22,422 BANK FEES 292 BUSINESS FEES & COSTS 1,462 FOOD 2,270 FUNDRAISING COSTS 99 INTERNET 2,346 MAINTENANCE & REPAIR 335 MISCELLANEOUS 2,276 PENALTIES 5 TRAINING 2,431 WORKSHOPS 201 TOTAL 43,808
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER ASSETS 116 0 TOTAL 116 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 24,529 1,338
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALMA SUPPORTS AND NURTURES ARTISTS OF ALL AGES IN CREATING ARTWORKS OF EXCEPTIONAL QUALITY WHILE BUILDING ENTREPRENEURIAL SKILLS. OUR PAID MOSAIC ARTS APPRENTICESHIP MODEL DEVELOPS LEADERS THROUGH A DIVERSE AND INCLUSIVE PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALMA SUMMER INSTITUTE (ASI), WAS FOUNDED IN 1999 AS THE MAYOR'S ART INSTITUTE. ASI PROVIDES TRAINING & MENTORSHIP FOR ARTISTICALLY TALENTED YOUTH & ADULTS IN ALBUQUERQUE. APPRENTICES WORK WITH LEAD ARTISTS TO LEARN EVERY ASPECT OF DESIGN & FABRICATION TO CREATE HANDMADE TILE MOSAICS AND MURALS FOR HIGH-PROFILE PUBLIC ART PROJECTS. ALMA HAS EMPLOYED MORE THAN 275 ARTISTS IN THIS PROCESS. ALMA COMMUNITY TILE & MOSAIC WORKSHOPS PROVIDE LOCAL RESIDENTS OPPORTUNITIES TO LEARN ARTISTIC SKILLS IN CLAY & DESIGN. PARTICIPANTS OF TILE-MAKING WORKSHOPS ALSO SEE THEIR CREATIONS INCLUDED IN ALMA'S ONGOING PUBLIC ART PROJECTS. HUNDREDS OF COMMUNITY MEMBERS HAVE ATTENDED THESE EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/PreparerPersonGrp/PreparationDt02023-09-29
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ReturnHeader/ReturnTs02023-09-29T11:27:50-04:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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