516 ARTS

As filed

Subsection

03

NTEE code

A51

Classification

1200

Street

516 CENTRAL AVE SW

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2025

• Exhibitions and Public ProgramsIn 2025, 516 ARTS presented a series of contemporary art exhibitions and over 45 public programs, including artist talks, panel discussions, performances, highlighting our continued collaborative approach. Our programming emphasized underrepresented voices and community-driven dialogue, reaching over 8,000 people in person and over 10,000 through digital and broadcast media. Admissions to the exhibitions are free to remain accessible.

  Expenses $307,383 · Revenue $1,590

• Fulcrum FundThe Fulcrum Fund, part of the Andy Warhol Foundations Regional Regranting Program, awarded $60,000 in direct grants to New Mexico-based artists for independent, public-facing projects. The process included an open call and a panel of national guest jurors. The program continues to support experimental, risk-taking practices outside traditional institutions.

  Expenses $70,729 · Grants $60,100

• Youth Education516 ARTS expanded its youth education programs in 2024, serving over 750 students through in-school workshops, exhibition tours, youth-led art projects, youth exhibitions, and our 516 BRIDGES peer-to-peer program. This included partnerships with APS Title I schools and community groups to ensure inclusive, arts-based learning experiences focused on identity, place, and creative expression.

  Expenses $12,181

As filed on the 2025 return.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

• 2025

  Revenue

  $495,764

  Expenses

  $666,286

  Contributions

  $491,518

  Grants paid

  $60,100

• 2024

  Revenue

  $383,975

  Expenses

  $727,576

  Contributions

  $221,397

  Grants paid

  $55,565

• 2023

  Revenue

  $535,013

  Expenses

  $715,709

  Contributions

  $515,110

  Grants paid

  $88,050

• 2022

  Revenue

  $972,926

  Expenses

  $723,501

  Contributions

  $938,381

  Grants paid

  $96,600

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $779,357

  Expenses

  $563,132

  Assets (EOY)

  $1,783,714

• 2020 · 990

  Revenue

  $1,678,157

  Expenses

  $676,748

  Assets (EOY)

  $1,413,383

• 2019 · 990

  Revenue

  $573,341

  Expenses

  $551,746

  Assets (EOY)

  $228,012

• 2018 · 990

  Revenue

  $704,106

  Expenses

  $574,797

  Assets (EOY)

  $212,390

• 2017 · 990

  Revenue

  $494,750

  Expenses

  $490,328

  Assets (EOY)

  $91,982

• 2016 · 990

  Revenue

  $494,983

  Expenses

  $448,928

  Assets (EOY)

  $173,682

• 2015 · 990

  Revenue

  $464,713

  Expenses

  $451,051

  Assets (EOY)

  $26,647

• 2014 · 990

  Revenue

  $532,967

  Expenses

  $537,655

  Assets (EOY)

  $19,939

• 2013 · 990

  Revenue

  $402,556

  Expenses

  $511,202

  Assets (EOY)

  $14,498

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $1,313,863

  Assets (EOY)

  $127,247

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• Partnership for Community Act

  $9,000

  2022 · Artist general support

Where these grants went next →

Grants received

• ALBUQUERQUE COMMUNITY FOUNDATION

  $80,500

  2022 · DONOR ADVISED DISTRIBUTION

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $76,650

  2022 · For grant recipient's exempt purposes

• VIA ART FUND INC

  $40,000

  2023 · GENERAL OPERATING SUPPORT

• ALBUQUERQUE COMMUNITY FOUNDATION

  $32,500

  2024 · GENERAL SUPPORT

• ALBUQUERQUE COMMUNITY FOUNDATION

  $30,000

  2023 · GENERAL SUPPORT

• NATIONAL PERFORMANCE NETWORK INC

  $10,000

  2022 · Artist Engagement Fund, Creation & Development Fund

• DONOR ADVISED CHARITABLE GIVING

  $7,650

  2022 · ARTS, CULTURE & HUMANITIES

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Other IRS files