Civic Intelligence

Fusion

990 • Fiscal year 2023 • EIN 85-0484135

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 05, 2024

Organization Profilewww.fusionabq.org
700 1st Street NWAlbuquerque, NM 87102

(505) 766-9412

Siviq Scores

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

Liabilities / Assets

94th percentile

0.79x

Higher debt load relative to assets than 94% of similar nonprofits.

2023 filings • NTEE A • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

96th percentile

2.68x

Higher debt load relative to revenue than 96% of similar nonprofits.

2023 filings • NTEE A • $1M-$5M nonprofits • Source year 2023

Net Margin

14th percentile

-34%

Higher net margin than 14% of similar nonprofits.

2023 filings • NTEE A • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

61st percentile

$75,347

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 16.0% of source-year revenue.

2023 filings • NTEE A • $1M-$5M nonprofits • Source year 2023

Asset Growth

16th percentile

-9.6%

Faster asset growth than 16% of similar nonprofits.

2023 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

45th percentile

2.4%

Faster revenue growth than 45% of similar nonprofits.

2023 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets94th percentile

Assets

Flat

$1,604,609

Flat from 2023

Net Assets

Flat

$342,948

Flat from 2023

Liabilities

Flat

$1,261,661

Flat from 2023

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin14th percentile

Revenue

Flat

$471,046

Flat from 2023

Expenses

Flat

$630,480

Flat from 2023

Net Income

Flat

-$159,434

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2010: $70,589Liabilities 2010: $0Net Assets 2010: $70,5892010Assets 2011: $61,818Liabilities 2011: $0Net Assets 2011: $61,8182011Assets 2012: $70,927Liabilities 2012: $0Net Assets 2012: $70,9272012Assets 2013: $68,099Liabilities 2013: $0Net Assets 2013: $68,0992013Assets 2014: $33,955Liabilities 2014: $0Net Assets 2014: $33,9552014Assets 2015: $115,811Liabilities 2015: $0Net Assets 2015: $115,8112015Assets 2016: $48,431Liabilities 2016: $0Net Assets 2016: $48,4312016Assets 2018: $892,184Liabilities 2018: $686,823Net Assets 2018: $205,3612018Assets 2019: $870,355Liabilities 2019: $675,769Net Assets 2019: $194,5862019Assets 2020: $922,649Liabilities 2020: $852,507Net Assets 2020: $70,1422020Assets 2021: $1,238,942Liabilities 2021: $650,839Net Assets 2021: $588,1032021Assets 2022: $1,774,473Liabilities 2022: $1,805,447Net Assets 2022: -$30,9742022Assets 2023: $1,604,609Liabilities 2023: $1,261,661Net Assets 2023: $342,9482023Assets 2023: $1,604,609Liabilities 2023: $1,261,661Net Assets 2023: $342,9482023Assets 2024: $1,574,438Liabilities 2024: $1,236,124Net Assets 2024: $338,3142024

Highlighted filing

2023

Assets$1,604,609
Liabilities$1,261,661
Net Assets$342,948
Open 2023 Filing

Operations Trend

Revenue Growth45th percentile

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

$1.0M$500K$0-$500KRevenue 2010: $186,535Expenses 2010: $180,380Net Income 2010: $6,1552010Revenue 2011: $226,471Expenses 2011: $235,242Net Income 2011: -$8,7712011Expenses 2012: $283,3422012Revenue 2013: $366,010Expenses 2013: $401,184Net Income 2013: -$35,1742013Revenue 2014: $596,326Expenses 2014: $624,792Net Income 2014: -$28,4662014Revenue 2015: $652,819Expenses 2015: $570,963Net Income 2015: $81,8562015Revenue 2016: $707,160Expenses 2016: $774,540Net Income 2016: -$67,3802016Revenue 2018: $518,884Expenses 2018: $240,542Net Income 2018: $278,3422018Revenue 2019: $572,256Expenses 2019: $583,031Net Income 2019: -$10,7752019Revenue 2020: $238,135Expenses 2020: $365,485Net Income 2020: -$127,3502020Revenue 2021: $957,062Expenses 2021: $439,101Net Income 2021: $517,9612021Revenue 2022: $460,180Expenses 2022: $587,345Net Income 2022: -$127,1652022Revenue 2023: $471,046Expenses 2023: $630,480Net Income 2023: -$159,4342023Revenue 2023: $471,046Expenses 2023: $630,480Net Income 2023: -$159,4342023Revenue 2024: $675,726Expenses 2024: $680,360Net Income 2024: -$4,6342024

Highlighted filing

2023

Revenue$471,046
Expenses$630,480
Net Income-$159,434
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 5, 2024
Return Version
2023v5.1
Gross Receipts
$471,046
Mission and Program Overview

Mission

The Organizations mission is to enhance the quality of performing arts in Albuquerque, NM

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,153,134$1,117,234▼ $35,900
Cash and Non-Interest-Bearing Accounts$621,339$487,375▼ $133,964
Total Assets$1,774,473$1,604,609▼ $169,864
Liabilities
Unsecured Notes Loans Payable$633,824$641,912▲ $8,088
Mortgage Notes Payable Secured by Investment Property$638,267$619,749▼ $18,518
Deferred Revenue$533,356--
Total Liabilities$1,805,447$1,261,661▼ $543,786
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-30,974$342,948▲ $373,922
Total Net Assets Fund Balance$-30,974$342,948▲ $373,922
Total Liabilities and Net Assets / Fund Balance$1,774,473$1,604,609▼ $169,864

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$514,822$110,169-
Land$275,000--
Equipment-$1,000-
Leasehold Improvements$327,412$56,985-
Compensation and Service Providers
Top Officer Pay61st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jacqueline ReidTreasurerFT$75,347$75,347
Dennis GromelskiBoard ChairmanPT$72,969$72,969

Board Members and Trustees

NameTitle
Andrew ConnorsDirector
Charlie HawkinsDirector
Emilie De AngelisDirector
Fred FranklinDirector
Jeffrey SquiresDirector
Justine Fox YoungDirector
Nick ChavezDirector
Laurie ThomasSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$214,158
Program Service Revenue
$184,507
Investment Income
$0
Other Revenue
$72,381
All Other Contributions
$55,868
Change in Net Assets
$-159,434
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$335,944
Other Expenses$294,536
Total Fundraising Expense$30,477
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$74,158$59,326$14,862$148,346
Other Salaries and Wages$128,035--$128,035
Occupancy$56,276$4,379$1,877$62,532
Interest$48,337$12,084-$60,421
Depreciation Depletion$26,925$8,975-$35,900
Office Expenses$27,184$5,097$1,700$33,981
Payroll Taxes$22,685$6,656$1,664$31,005
Other Employee Benefits$20,906$6,134$1,518$28,558
Other Expenses$10,482-$8,792$8,792
Insurance$3,299$366-$3,665
Travel$2,611--$2,611
Fees for Services Accounting$291$1,162-$1,453
Advertising$574-$64$638
Total Functional Expenses$495,824$104,179$30,477$630,480
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

“PT VI Line 2: Board Chair Dennis Gromelski is married to Board Treasurer Jacqueline Reid”

Form 990 governing body review Part VI line 11

“Part VI Line 11a: The Treasurer provides a copy of the Form 990 to the Board before filing.”

Conflict of interest policy compliance Part VI line 12C

“Part VI Line 12c: The Organization has a written Conflict of Interest Policy which is monitored and enforced.”

Governing documents etc available to public Part VI line 19

“Part VI Line 19: The Organization makes available its governing documents and tax returns upon request.”

Filing and Contact Details

Filer

Filer Name
Fusion
EIN
85-0484135
Address
700 1st Street NW, Albuquerque, NM 87102

Signing Officer

Name
Dennis Gromelski
Title
Chairman of the
Phone
5057669412
Signed
2024-11-05
Discuss with paid preparer
Yes

Organization Details

Formed
2002
Legal Domicile
Nm
Voting Board Members
10
Independent Board Members
8
Employees
30

Preparer

Firm
Muehlmeyer PC CPA
Address
8650 Alameda Blvd NE 100E, Albuquerque, NM 87122
Preparer
Frederick Muehlmeyer Jr
Phone
5058559195
Raw XML AppendixShowing 400 of 418 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The Organizations mission is to enhance the quality of performing arts in Albuquerque, NM
IRS990/AdvertisingGrp/FundraisingAmt064
IRS990/AdvertisingGrp/ProgramServicesAmt0574
IRS990/AdvertisingGrp/TotalAmt0638
IRS990/AllOtherContributionsAmt055868
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0Jacqueline Reid
IRS990/BooksInCareOfDetail/PhoneNum05057669412
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0700 1st Street NW
IRS990/BooksInCareOfDetail/USAddress/CityNm0Albuquerque
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NM
IRS990/BooksInCareOfDetail/USAddress/ZIPCd087102
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0621339
IRS990/CashNonInterestBearingGrp/EOYAmt0487375
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt014862
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt059326
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt074158
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0148346
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0214158
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0294536
IRS990/CYOtherRevenueAmt072381
IRS990/CYProgramServiceRevenueAmt0184507
IRS990/CYRevenuesLessExpensesAmt0-159434
IRS990/CYSalariesCompEmpBnftPaidAmt0335944
IRS990/CYTotalExpensesAmt0630480
IRS990/CYTotalFundraisingExpenseAmt030477
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0471046
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0533356
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt08975
IRS990/DepreciationDepletionGrp/ProgramServicesAmt026925
IRS990/DepreciationDepletionGrp/TotalAmt035900
IRS990/Desc0The Organization performed live performances during the year and returned to their normal schedule of performances supporting local artists and the art community in Albuq., NM.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt030
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0495824
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01162
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0291
IRS990/FeesForServicesAccountingGrp/TotalAmt01453
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0Jacqueline Reid
IRS990/Form990PartVIISectionAGrp/PersonNm1Dennis Gromelski
IRS990/Form990PartVIISectionAGrp/PersonNm2Charlie Hawkins
IRS990/Form990PartVIISectionAGrp/PersonNm3Justine Fox Young
IRS990/Form990PartVIISectionAGrp/PersonNm4Nick Chavez
IRS990/Form990PartVIISectionAGrp/PersonNm5Jeffrey Squires
IRS990/Form990PartVIISectionAGrp/PersonNm6Andrew Connors
IRS990/Form990PartVIISectionAGrp/PersonNm7Laurie Thomas
IRS990/Form990PartVIISectionAGrp/PersonNm8Emilie De Angelis
IRS990/Form990PartVIISectionAGrp/PersonNm9Fred Franklin
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt075347
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt172969
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt0158290
IRS990/GrantAmt0158290
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0471046
IRS990/GrossRentsGrp/RealAmt072381
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0366
IRS990/InsuranceGrp/ProgramServicesAmt03299
IRS990/InsuranceGrp/TotalAmt03665
IRS990/InterestGrp/ManagementAndGeneralAmt012084
IRS990/InterestGrp/ProgramServicesAmt048337
IRS990/InterestGrp/TotalAmt060421
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt030
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0168154
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01153134
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01117234
IRS990/LandBldgEquipCostOrOtherBssAmt01285388
IRS990/LegalDomicileStateCd0NM
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The Organizations mission is to enhance the quality of performing arts in Albuquerque, NM
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0638267
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0619749
IRS990/NetAssetsOrFundBalancesBOYAmt0-30974
IRS990/NetAssetsOrFundBalancesEOYAmt0342948
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt072381
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt072381
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-30974
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0342948
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt01877
IRS990/OccupancyGrp/ManagementAndGeneralAmt04379
IRS990/OccupancyGrp/ProgramServicesAmt056276
IRS990/OccupancyGrp/TotalAmt062532
IRS990/OfficeExpensesGrp/FundraisingAmt01700
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05097
IRS990/OfficeExpensesGrp/ProgramServicesAmt027184
IRS990/OfficeExpensesGrp/TotalAmt033981
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01518
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06134
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt020906
IRS990/OtherEmployeeBenefitsGrp/TotalAmt028558
IRS990/OtherExpensesGrp/Desc0Production Costs
IRS990/OtherExpensesGrp/Desc1Artist fees
IRS990/OtherExpensesGrp/Desc2Events
IRS990/OtherExpensesGrp/FundraisingAmt08792
IRS990/OtherExpensesGrp/ProgramServicesAmt074061
IRS990/OtherExpensesGrp/ProgramServicesAmt110482
IRS990/OtherExpensesGrp/TotalAmt074061
IRS990/OtherExpensesGrp/TotalAmt110482
IRS990/OtherExpensesGrp/TotalAmt28792
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0128035
IRS990/OtherSalariesAndWagesGrp/TotalAmt0128035
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01664
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06656
IRS990/PayrollTaxesGrp/ProgramServicesAmt022685
IRS990/PayrollTaxesGrp/TotalAmt031005
IRS990/PoliticalCampaignActyInd0false
IRS990/PriorPeriodAdjustmentsAmt0533356
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711110
IRS990/ProgramServiceRevenueGrp/Desc0Theater Productions
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0184507
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0184507
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0301414
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0265740
IRS990/PYOtherRevenueAmt028975
IRS990/PYProgramServiceRevenueAmt0129791
IRS990/PYRevenuesLessExpensesAmt0-127165
IRS990/PYSalariesCompEmpBnftPaidAmt0321605
IRS990/PYTotalExpensesAmt0587345
IRS990/PYTotalRevenueAmt0460180
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-159434
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt072381
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0184507
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0471046
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0460180
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0957062
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0238135
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0199401
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02325824
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt02325824
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0471046
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0460180
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0957062
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0238135
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0199401
IRS990ScheduleA/Total509Grp/TotalAmt02325824
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0471046
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0460180
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0957062
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0238135
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0199401
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02325824
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0514822
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0110169
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0624991
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01000
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt01000
IRS990ScheduleD/LandGrp/BookValueAmt0275000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0275000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0327412
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt056985
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0384397
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01117234
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PT VI Line 2: Board Chair Dennis Gromelski is married to Board Treasurer Jacqueline Reid
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Part VI Line 11a: The Treasurer provides a copy of the Form 990 to the Board before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Part VI Line 12c: The Organization has a written Conflict of Interest Policy which is monitored and enforced.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Part VI Line 19: The Organization makes available its governing documents and tax returns upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NM
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01774473
IRS990/TotalAssetsEOYAmt01604609
IRS990/TotalAssetsGrp/BOYAmt01774473
IRS990/TotalAssetsGrp/EOYAmt01604609
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0214158
IRS990/TotalEmployeeCnt030
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt030477
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0104179
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0495824
IRS990/TotalFunctionalExpensesGrp/TotalAmt0630480
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01805447
IRS990/TotalLiabilitiesEOYAmt01261661
IRS990/TotalLiabilitiesGrp/BOYAmt01805447
IRS990/TotalLiabilitiesGrp/EOYAmt01261661
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-30974
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0342948
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0495824
IRS990/TotalProgramServiceRevenueAmt0184507
IRS990/TotalReportableCompFromOrgAmt0148316
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0256888
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0471046
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01774473
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01604609
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt02611
IRS990/TravelGrp/TotalAmt02611
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0633824
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0641912
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0www.fusionabq.org
IRS990/WhistleblowerPolicyInd0false
IRS990/WrittenPolicyOrProcedureInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Dennis Gromelski
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman of the
ReturnHeader/BusinessOfficerGrp/PhoneNum05057669412
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FUSION
ReturnHeader/Filer/BusinessNameControlTxt0FUSI
ReturnHeader/Filer/EIN0850484135
ReturnHeader/Filer/USAddress/AddressLine1Txt0700 1st Street NW

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,604,609
Liabilities
$1,261,661
Net assets
$342,948
Revenue
$471,046
Expenses
$630,480
Net income
-$159,434
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$1.24$0.34$0.68$0.68$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.60$1.26$0.34$0.47$0.63$0.16
2023Summary only. Only limited summary data is available for this year.$1.60$1.26$0.34$0.47$0.63$0.16
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$1.81$0.03$0.46$0.59$0.13
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.65$0.59$0.96$0.44$0.52
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.92$0.85$0.07$0.24$0.37$0.13
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.68$0.19$0.57$0.58$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$0.69$0.21$0.52$0.24$0.28
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.71$0.77$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.65$0.57$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.60$0.62$0.03
2013Summary only. Only limited summary data is available for this year.$0.07$0.00$0.07$0.37$0.40$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.00$0.07$0.28
2011Summary only. Only limited summary data is available for this year.$0.06$0.00$0.06$0.23$0.24$0.01
2010Summary only. Only limited summary data is available for this year.$0.07$0.00$0.07$0.19$0.18$0.01