Civic Intelligence

The Center for Contemporary Arts

EIN 85-0313183 • 501(c)3 • Santa Fe, NM

Profile

Through a variety of media created by emerging and established artists, the center for contemporary arts of santa fe, inc. (center) presents the arts of our time as vital elements in the cultural dialogue in santa fe and throughout new mexico. The center provides santa fe and greater northern new mexico communities with access to interdisciplinary, multi- generational, multi-ethnic programming in visual, cinema, and performing and arts education.

1050 Old Pecos TrailSanta Fe, NM 87505

www.ccasantafe.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

42nd percentile

0.03x

Higher debt load relative to assets than 42% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

42nd percentile

0.05x

Higher debt load relative to revenue than 42% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2021

Net Margin

70th percentile

23%

Higher net margin than 70% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

57th percentile

$71,339

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 7.7% of source-year revenue.

NTEE A • $1M-$5M nonprofits • Source year 2021

Asset Growth

49th percentile

2.7%

Faster asset growth than 49% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

26th percentile

-11%

Faster revenue growth than 26% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,654,371

Up $43,771 (+2.7%) from 2020

Liabilities

Down

$43,387

Down $168,127 (-79%) from 2020

Net Assets

Up

$1,610,984

Up $211,898 (+15%) from 2020

Revenue

Down

$923,169

Down $113,710 (-11%) from 2020

Expenses

Down

$711,271

Down $342,641 (-33%) from 2020

Net Income

Up

$211,898

Up $228,931 (+1344%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2011: $1,686,075Liabilities 2011: $715,135Net Assets 2011: $970,9402011Assets 2012: $1,730,986Liabilities 2012: $736,676Net Assets 2012: $994,3102012Assets 2013: $2,390,337Liabilities 2013: $708,423Net Assets 2013: $1,681,9142013Assets 2014: $1,966,202Liabilities 2014: $104,382Net Assets 2014: $1,861,8202014Assets 2015: $1,941,991Liabilities 2015: $24,621Net Assets 2015: $1,917,3702015Assets 2016: $1,840,704Liabilities 2016: $44,032Net Assets 2016: $1,796,6722016Assets 2017: $1,634,738Liabilities 2017: $40,795Net Assets 2017: $1,593,9432017Assets 2018: $1,646,398Liabilities 2018: $118,384Net Assets 2018: $1,528,0142018Assets 2019: $1,498,615Liabilities 2019: $82,496Net Assets 2019: $1,416,1192019Assets 2020: $1,610,600Liabilities 2020: $211,514Net Assets 2020: $1,399,0862020Assets 2021: $1,654,371Liabilities 2021: $43,387Net Assets 2021: $1,610,9842021

Highlighted filing

2021

Assets$1,654,371
Liabilities$43,387
Net Assets$1,610,984

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $848,439Expenses 2011: $785,298Net Income 2011: $63,1412011Revenue 2012: $958,389Expenses 2012: $935,019Net Income 2012: $23,3702012Revenue 2013: $1,619,775Expenses 2013: $935,281Net Income 2013: $684,4942013Revenue 2014: $1,207,964Expenses 2014: $1,028,058Net Income 2014: $179,9062014Revenue 2015: $1,056,433Expenses 2015: $1,000,883Net Income 2015: $55,5502015Revenue 2016: $988,174Expenses 2016: $1,108,872Net Income 2016: -$120,6982016Revenue 2017: $1,077,820Expenses 2017: $1,280,549Net Income 2017: -$202,7292017Revenue 2018: $1,495,448Expenses 2018: $1,561,377Net Income 2018: -$65,9292018Revenue 2019: $1,496,022Expenses 2019: $1,607,917Net Income 2019: -$111,8952019Revenue 2020: $1,036,879Expenses 2020: $1,053,912Net Income 2020: -$17,0332020Revenue 2021: $923,169Expenses 2021: $711,271Net Income 2021: $211,8982021

Highlighted filing

2021

Revenue$923,169
Expenses$711,271
Net Income$211,898

Filings

Latest Detailed Filing

The latest 2021 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Nov 1, 2019 to Oct 31, 2020
Signed
Sep 4, 2021
Return Version
2019v5.0
Gross Receipts
$1,036,879
Mission and Program Overview

Mission

Through a variety of media created by emerging and established artists, the center for contemporary arts of santa fe, inc. (center) presents the arts of our time as vital elements in the cultural dialogue in santa fe and throughout new mexico. The center provides santa fe and greater northern new mexico communities with access to interdisciplinary, multi- generational, multi-ethnic programming in visual, cinema, and performing and arts education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,191,714$1,110,507▼ $81,207
Savings and Temporary Cash Investments$116,054$259,145▲ $143,091
Cash and Non-Interest-Bearing Accounts$12,723$79,200▲ $66,477
Accounts Receivable$16,863$487▼ $16,376
Total Assets$1,498,615$1,610,600▲ $111,985
Other Assets Total$161,261$161,261→ $0
Liabilities
Other Liabilities-$168,300-
Accounts Payable and Accrued Expenses$82,496$43,214▼ $39,282
Total Liabilities$82,496$211,514▲ $129,018
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,365,627$1,276,232▼ $89,395
Net Assets With Donor Restrictions$50,492$122,854▲ $72,362
Total Net Assets Fund Balance$1,416,119$1,399,086▼ $17,033
Total Liabilities and Net Assets / Fund Balance$1,498,615$1,610,600▲ $111,985

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,109,531$1,718,412$2,827,943
Equipment$976$244,348$245,324
Other Assets Org$11,261--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
April JouseCAOFT$61,923$5,076$66,999

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$670,480
Program Service Revenue
$353,285
Investment Income
$79
Other Revenue
$13,035
All Other Contributions
$670,480
Change in Net Assets
$-17,033

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,036,879
Revenue Not Reported on Form 990
$52,530
Total Revenue per Audited Statements
$1,089,409
Total Revenue per Form 990
$1,036,879
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$545,578
Other Expenses$508,334
Total Fundraising Expense$94,501
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$330,107$35,315$46,062$411,484
Fees for Services Other$24,762$58,252-$83,014
Depreciation Depletion$64,966$12,181$4,060$81,207
Royalties$78,050--$78,050
Current Officers, Directors, Trustees, and Key Employees$15,481$30,962$15,481$61,924
Advertising$41,699-$4,633$46,332
Payroll Taxes$27,570$5,288$4,910$37,768
Other Employee Benefits$25,114$4,816$4,472$34,402
Office Expenses$18,412$5,044$2,027$25,483
Fees for Services Accounting-$18,470-$18,470
Insurance$10,941$1,750$1,896$14,587
Occupancy$9,801$1,568$1,699$13,068
Other Expenses$11,772$4,194$2,802$11,772
Travel$8,032$2,008-$10,040
Total Functional Expenses$773,601$185,810$94,501$1,053,912

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,106,442
Expenses per Audited Statements$1,053,912
Total Expenses per Form 990$1,053,912
Expenses Not Reported on Form 990$52,530
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
Ppp Loan$168,300
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The board of directors is provided with a draft of the 990 information return for review and comment prior to filing.

Form 990, Page 6, Part VI, Line 12C

Board members are provided with annual forms that requires them to disclose potential conflicts of interest. If a conflict of interest is identified, procedures included in the policy would be followed to resolve the situation.

Form 990, Page 6, Part VI, Line 15A

The board of directors determines the compensation as part of the renewal of the executive directors contract.

Form 990, Page 6, Part VI, Line 15B

The organization does not have any other compensated officers or key employees. If these positions are created in the future, the board of directors would determine compensation as part of the annual budgeting process.

Form 990, Page 6, Part VI, Line 19

Governing documents are maintained at the business location and are made available upon request.

Filing and Contact Details

Filer

Filer Name
The Center for Contemporary Arts
EIN
85-0313183
Phone
5059821338
Address
1050 OLD PECOS TRAIL, SANTA FE, NM 87505

Signing Officer

Name
April Jouse
Title
CAO
Phone
5059821338
Signed
2021-09-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
April Jouse
Formed
1983
Legal Domicile
Nm
Voting Board Members
12
Independent Board Members
12
Employees
36
Volunteers
25

Preparer

Firm
Loftis & Lovato Group
Address
5501 EAGLE ROCK AVE NE SUITE C-5, ALBUQUERQUE, NM 87113
Preparer
Nick Loftis
Phone
5052935009
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Through a variety of media created by emerging and established artists, the center for contemporary arts of santa fe, inc. (center) presents the arts of our time as vital elements in the cultural dialogue in santa fe and throughout new mexico. The center provides santa fe and greater northern new mexico communities with access to interdisciplinary, multi- generational, multi-ethnic programming in visual, cinema, and performing and arts education.

Financial Statement Notes

Schedule D, Page 2, Part III, Line 4

The organization has a large sculpture and various smaller pieces of art. These items are currently on display and available for sale.

Schedule D, Page 3, Part X

The center is exempt from income taxes under section 501(c)(3) of the internal revenue code and has been classified by the internal revenue service as an organization that is not a private foundation. The center regularly evaluates activities as it relates to it's tax exempt status. If the center's activities are determined to be outside of it's tax exempt status the potential exists for tax liabilities on those unrelated activities. The center's open audit periods are for years ended october 31, 2017 and thereafter. The center has adopted the provisions of fasb asc 740 -10 "accounting for uncertainty in oncome taxes". The center has not recognized any changes to its financial statements for uncertain tax positions resulting from this adoption.

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IRS990/MissionDesc0THROUGH A VARIETY OF MEDIA CREATED BY EMERGING AND ESTABLISHED ARTISTS, THE CENTER FOR CONTEMPORARY ARTS OF SANTA FE, INC. (CENTER) PRESENTS THE ARTS OF OUR TIME AS VITAL ELEMENTS IN THE CULTURAL DIALOGUE IN SANTA FE AND THROUGHOUT NEW MEXICO. THE CENTER PROVIDES SANTA FE AND GREATER NORTHERN NEW MEXICO COMMUNITIES WITH ACCESS TO INTERDISCIPLINARY, MULTI- GENERATIONAL, MULTI-ETHNIC PROGRAMMING IN VISUAL, CINEMA, AND PERFORMING AND ARTS EDUCATION.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS A LARGE SCULPTURE AND VARIOUS SMALLER PIECES OF ART. THESE ITEMS ARE CURRENTLY ON DISPLAY AND AVAILABLE FOR SALE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE CENTER IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. THE CENTER REGULARLY EVALUATES ACTIVITIES AS IT RELATES TO IT'S TAX EXEMPT STATUS. IF THE CENTER'S ACTIVITIES ARE DETERMINED TO BE OUTSIDE OF IT'S TAX EXEMPT STATUS THE POTENTIAL EXISTS FOR TAX LIABILITIES ON THOSE UNRELATED ACTIVITIES. THE CENTER'S OPEN AUDIT PERIODS ARE FOR YEARS ENDED OCTOBER 31, 2017 AND THEREAFTER. THE CENTER HAS ADOPTED THE PROVISIONS OF FASB ASC 740 -10 "ACCOUNTING FOR UNCERTAINTY IN ONCOME TAXES". THE CENTER HAS NOT RECOGNIZED ANY CHANGES TO ITS FINANCIAL STATEMENTS FOR UNCERTAIN TAX POSITIONS RESULTING FROM THIS ADOPTION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART III, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THROUGH A VARIETY OF MEDIA CREATED BY EMERGING AND ESTABLISHED ARTISTS, THE CENTER FOR CONTEMPORARY ARTS OF SANTA FE, INC. (CENTER) PRESENTS THE ARTS OF OUR TIME AS VITAL ELEMENTS IN THE CULTURAL DIALOGUE IN SANTA FE AND THROUGHOUT NEW MEXICO. THE CENTER PROVIDES SANTA FE AND GREATER NORTHERN NEW MEXICO COMMUNITIES WITH ACCESS TO INTERDISCIPLINARY, MULTI- GENERATIONAL, MULTI-ETHNIC PROGRAMMING IN VISUAL, CINEMA, AND PERFORMING AND ARTS EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS IS PROVIDED WITH A DRAFT OF THE 990 INFORMATION RETURN FOR REVIEW AND COMMENT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE PROVIDED WITH ANNUAL FORMS THAT REQUIRES THEM TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST. IF A CONFLICT OF INTEREST IS IDENTIFIED, PROCEDURES INCLUDED IN THE POLICY WOULD BE FOLLOWED TO RESOLVE THE SITUATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION AS PART OF THE RENEWAL OF THE EXECUTIVE DIRECTORS CONTRACT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION DOES NOT HAVE ANY OTHER COMPENSATED OFFICERS OR KEY EMPLOYEES. IF THESE POSITIONS ARE CREATED IN THE FUTURE, THE BOARD OF DIRECTORS WOULD DETERMINE COMPENSATION AS PART OF THE ANNUAL BUDGETING PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS ARE MAINTAINED AT THE BUSINESS LOCATION AND ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B

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