Civic Intelligence

Alma

990EZ • Fiscal year 2023 • EIN 47-4258780

Jan 01, 2023 to Dec 31, 2023 • Filed on May 08, 2024

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

75th percentile

0.09x

Higher debt load relative to assets than 75% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Liabilities / Revenue

66th percentile

0.02x

Higher debt load relative to revenue than 66% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Net Margin

46th percentile

2.6%

Higher net margin than 46% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Top Officer Pay

87th percentile

$18,600

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 10.0% of source-year revenue.

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Asset Growth

70th percentile

18%

Faster asset growth than 70% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

51st percentile

9.6%

Faster revenue growth than 51% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$34,438

Up $5,163 (+18%) from 2022

Net Assets

Up

$31,282

Up $3,345 (+12%) from 2022

Liabilities

Up

$3,156

Up $1,818 (+136%) from 2022

Revenue

Up

$185,672

Up $16,329 (+9.6%) from 2022

Expenses

Down

$180,926

Down $3,029 (-1.6%) from 2022

Net Income

Up

$4,746

Up $19,358 (+132%) from 2022

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

2023

Assets$34,438
Liabilities$3,156
Net Assets$31,282

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

2023

Revenue$185,672
Expenses$180,926
Net Income$4,746
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 8, 2024
Return Version
2023v5.0
Gross Receipts
$185,761
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.-$180,501
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARGARITA PAZ-PEDROOperations DPT$18,600-$18,600
VANESSA ALVARADOOutreach DirectorPT$6,900-$6,900
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
2024-05-08
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 1,062 office supplies 821 insurance 6,344 art supplies 20,233 bank fees 224 business fees & costs 1,586 food 2,657 fundraising costs 425 internet 2,887 maintenance & repair 250 miscellaneous 410 other misc service costs 960 penalties 6 professional development 302 training 2,831 total 40,998

Form 990-ez, Part I, Line 20

Prior period adjustment -1,401

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,338 3,156

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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 1,062 OFFICE SUPPLIES 821 INSURANCE 6,344 ART SUPPLIES 20,233 BANK FEES 224 BUSINESS FEES & COSTS 1,586 FOOD 2,657 FUNDRAISING COSTS 425 INTERNET 2,887 MAINTENANCE & REPAIR 250 MISCELLANEOUS 410 OTHER MISC SERVICE COSTS 960 PENALTIES 6 PROFESSIONAL DEVELOPMENT 302 TRAINING 2,831 TOTAL 40,998
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR PERIOD ADJUSTMENT -1,401
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,338 3,156
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 I, LINE 20
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/PreparationDt02024-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEREMY T RICHTER
ReturnHeader/ReturnTs02024-05-13T18:47:17-04:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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