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516 Arts
Arts & Culture · Albuquerque, New Mexico
516 Central Ave Sw, Albuquerque, NM 87102-3114
EIN: 208540744· Founded: Jul 2007· 19 years active· Filing Year: 2023
Annual Revenue
$535K
Total Expenses
$716K
Total Assets
$1.7M
Program Spending
3%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$130K
18.1% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$234K
Total Payroll
$364K
51% of total expenses
Where the Money Goes
3%
Programs: 3%
Payroll: 51%
Other overhead: 97%
Program Revenue$19K (4%)
Total Expenses$716K (100%)
Payroll$364K (51%)
Overhead (non-program)97%
Trust Score Breakdown
Program Spending Ratio
3% of expenses go to programs
Revenue & Stability
$535K annual revenue
Executive Compensation
$130K total officer comp (18.1% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$1.7M in assets
Similar Arts & Culture Nonprofits in New Mexico
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.