Nonprofit · EIN 26-4764395
NEW MEXICO SCHOOL FOR THE ARTS ART INSTITUTE
Also known as STUDIO SCHOOL
Tax-exempt · SANTA FE, NM 87501
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,863,437 | $2,715,030 | $148,407 | $32,262,442 | $319,762 | $31,942,680 |
| June 30, 2024 | 990 | $4,949,680 | $2,881,521 | $2,068,159 | $30,970,657 | $305,205 | $30,665,452 |
| June 30, 2023 | 990 | $3,930,911 | $3,070,642 | $860,269 | $28,989,586 | $829,981 | $28,159,605 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,318,974
- of which government grants
- $274,017
- Program service revenue
- $90,082
- Investment income
- $33,371
- Net rental income
- $421,628
- Net income from fundraising events
- -$618
- Other revenue
- $421,010
Expenses
- Grants and similar amounts paid
- $6,168
- Compensation of officers, directors and key employees
- $142,715
- Other salaries and wages
- $1,353,597
- Salaries, compensation and benefits (total)
- $1,659,195
- Professional fundraising fees
- $0
- Legal fees
- $3,528
- Occupancy
- $4,905
- Travel
- $44,030
- Depreciation
- $398,181
- Program services (functional)
- $1,562,772
- Management and general (functional)
- $763,102
- Fundraising (functional)
- $389,156
Balance sheet and other
- Total assets, start of year
- $30,970,657
- Total assets, end of year
- $32,262,442
- Total liabilities, end of year
- $319,762
- Net assets, end of year
- $31,942,680
- Land, buildings and equipment
- $24,576,235
- Net assets without donor restrictions
- $25,564,022
- Net assets with donor restrictions
- $6,378,658
- Gross receipts
- $2,917,061
- Employees
- 55
- Volunteers
- 28
- Year formed
- 2009
- State of legal domicile
- NM
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CINDY MONTOYA | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $152,530 | $102 |
| CARL THOMA | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| PAMELA SAUNDERS-ALBIN | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CYNTHIA NAVA | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| NICK TELLES | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| DEE ANN MCINTYRE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| IAN BROWLOW | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES HINDMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LAURIE BAUMAN ARNOLD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARY SLOANE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NATALIE FITZ-GERALD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVE ARNOLD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VALERIE DIKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHARLOTTE HETHERINGTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HOLLY RICE | DIRECTOR Trustee or director | 1 | $0 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATTHEW MARTINEZ | DIRECTOR Trustee or director | 1 | $0 |
| AMY MCCOMBS | DIRECTOR Trustee or director | 1 | $0 |
| SARAH NOLAN | DIRECTOR Trustee or director | 1 | $0 |
| AARON PAYNE | DIRECTOR Trustee or director | 1 | $0 |
| DEBORAH POTTER | DIRECTOR Trustee or director | 1 | $0 |
| ELMER TORRES | DIRECTOR Trustee or director | 1 | $0 |
| MADELEINE WRIGHT | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 25 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CINDY MONTOYA | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $139,703 |
| CARL THOMA | BOARD CHAIR Trustee or director, Officer | 1 | $0 |
| PAMELA SAUNDERS-ALBIN | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| CYNTHIA NAVA | SECRETARY Trustee or director, Officer | 1 | $0 |
| NICK TELLES | TREASURER Trustee or director, Officer | 5 | $0 |
| DEE ANN MCINTYRE | DIRECTOR Trustee or director | 1 | $0 |
| IAN BROWLOW | DIRECTOR Trustee or director | 1 | $0 |
| JAMES HINDMAN | DIRECTOR Trustee or director | 1 | $0 |
| LAURIE BAUMAN ARNOLD | DIRECTOR Trustee or director | 1 | $0 |
| MARY SLOANE | DIRECTOR Trustee or director | 1 | $0 |
| NATALIE FITZ-GERALD | DIRECTOR Trustee or director | 1 | $0 |
| STEVE ARNOLD | DIRECTOR Trustee or director | 1 | $0 |
| VALERIE DIKER | DIRECTOR Trustee or director | 1 | $0 |
| SARAH ORR | DIRECTOR Trustee or director | 1 | $0 |
| CHARLOTTE HETHERINGTON | DIRECTOR Trustee or director | 1 | $0 |
| HOLLY RICE | DIRECTOR Trustee or director | 1 | $0 |
| MATTHEW MARTINEZ | DIRECTOR Trustee or director | 1 | $0 |
| AMY MCCOMBS | DIRECTOR Trustee or director | 1 | $0 |
| SARAH NOLAN | DIRECTOR Trustee or director | 1 | $0 |
| AARON PAYNE | DIRECTOR Trustee or director | 1 | $0 |
| DEBORAH POTTER | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM MILLER | DIRECTOR Trustee or director | 1 | $0 |
| ELMER TORRES | DIRECTOR Trustee or director | 1 | $0 |
| MADELEINE WRIGHT | DIRECTOR Trustee or director | 1 | $0 |
| MARY ROHMAN | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 25 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CINDY MONTOYA | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $137,025 |
| CARL THOMA | BOARD CHAIR Trustee or director, Officer | 1 | $0 |
| PAMELA SAUNDERS-ALBIN | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| CYNTHIA NAVA | SECRETARY Trustee or director, Officer | 1 | $0 |
| WILLIAM MILLER | TREASURER Trustee or director, Officer | 5 | $0 |
| DEE ANN MCINTYRE | DIRECTOR Trustee or director | 1 | $0 |
| IAN BROWLOW | DIRECTOR Trustee or director | 1 | $0 |
| JAMES HINDMAN | DIRECTOR Trustee or director | 1 | $0 |
| LAURIE BAUMAN ARNOLD | DIRECTOR Trustee or director | 1 | $0 |
| MARY SLOANE | DIRECTOR Trustee or director | 1 | $0 |
| NATALIE FITZ-GERALD | DIRECTOR Trustee or director | 1 | $0 |
| STEVE ARNOLD | DIRECTOR Trustee or director | 1 | $0 |
| VALERIE DIKER | DIRECTOR Trustee or director | 1 | $0 |
| SARAH ORR | DIRECTOR Trustee or director | 1 | $0 |
| CHARLOTTE HETHERINGTON | DIRECTOR Trustee or director | 1 | $0 |
| HOLLY RICE | DIRECTOR Trustee or director | 1 | $0 |
| MATTHEW MARTINEZ | DIRECTOR Trustee or director | 1 | $0 |
| AMY MCCOMBS | DIRECTOR Trustee or director | 1 | $0 |
| SARAH NOLAN | DIRECTOR Trustee or director | 1 | $0 |
| AARON PAYNE | DIRECTOR Trustee or director | 1 | $0 |
| DEBORAH POTTER | DIRECTOR Trustee or director | 1 | $0 |
| NICK TELLES | DIRECTOR Trustee or director | 1 | $0 |
| ELMER TORRES | DIRECTOR Trustee or director | 1 | $0 |
| MADELEINE WRIGHT | DIRECTOR Trustee or director | 1 | $0 |
| MARY ROHMAN | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 500 MONTEZUMA AVE, SANTA FE, NM 87501-2504
- In care of
- % SCHOOL FOR THE ARTS - NM
- Principal officer (990 for 2024)
- CINDY MONTOYA, 500 MONTEZUMA AVENUE, SANTA FE, NM 87501
- Signed the 990
- CINDY MONTOYA, EXECUTIVE DIRECTOR
- Phone
- (505) 216-7888
- Return prepared by
- PATTILLO BROWN & HILL LLP
Mission
NEW MEXICO SCHOOL FOR THE ARTS-ART INSTITUTE, ASSISTS PASSIONATE YOUNG ARTISTS IN DEVELOPING THEIR FULL POTENTIAL THROUGH A RIGOROUS MASTER OF ARTS AND ACADEMIC EDUCATION
Program accomplishments
- ARTS EDUCATIONAL INSTITUTION PROGRAM WAS ESTABLISHED TO PROVIDE INTENSIVE PRE-PROFESSIONAL ART EDUCATION OF STUDENTS DEMONSTRATING PROMISE, APTITUDE AND PASSION FOR THE ARTS. PROVIDING PROFESSIONAL AND PRE-PROFESSIONAL INSTRUCTIONS THROUGH PROGRAMS OFFERED THROUGHOUT NEW MEXICO. TOTAL STUDENTS SERVED IS APPROXIMATELY 340.Expenses $1,562,772 · grants $6,168 · revenue $90,082
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 26-4764395
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $32,262,442
- Income (IRS master file)
- $2,917,061
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,863,437 | $2,715,030 | $32,262,442 | IRS |
| 990 | June 2024 | $4,949,680 | $2,881,521 | $30,970,657 | IRS |
| 990 | June 2023 | $3,930,911 | $3,070,642 | $28,989,586 | XML |
| 990 | June 2022 | $2,927,770 | $2,826,007 | $29,060,578 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-4764395).
Questions about NEW MEXICO SCHOOL FOR THE ARTS ART INSTITUTE
- What is the EIN of NEW MEXICO SCHOOL FOR THE ARTS ART INSTITUTE?
- The employer identification number (EIN) of NEW MEXICO SCHOOL FOR THE ARTS ART INSTITUTE is 26-4764395.
- Is NEW MEXICO SCHOOL FOR THE ARTS ART INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to NEW MEXICO SCHOOL FOR THE ARTS ART INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW MEXICO SCHOOL FOR THE ARTS ART INSTITUTE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEW MEXICO SCHOOL FOR THE ARTS ART INSTITUTE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW MEXICO SCHOOL FOR THE ARTS ART INSTITUTE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NEW MEXICO SCHOOL FOR THE ARTS ART INSTITUTE?
- The 990 for the year ended June 30, 2025 names CINDY MONTOYA.
- Who are the officers and directors of NEW MEXICO SCHOOL FOR THE ARTS ART INSTITUTE?
- The 990 for the year ended June 30, 2025 lists 22 people; 1 received compensation from the organization, the highest $152,530 (CINDY MONTOYA, EXECUTIVE DIRECTOR).
- How much revenue does NEW MEXICO SCHOOL FOR THE ARTS ART INSTITUTE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,863,437, expenses of $2,715,030 and total assets of $32,262,442 at year end.
Other nonprofits in SANTA FE
- SANTA FE INDIAN SCHOOL EIN 85-0346497 · last filed 990 for 2025
- INSTITUTE OF AMERICAN INDIAN & ALASKA NATIVE CULTURE & ARTS EIN 85-0365964 · last filed 990 for 2025
- COLLABORATIVE FOR HIGHER EDUCATION SHARED SERVICES EIN 86-2790933 · last filed 990 for 2025
- SANTA FE PREPARATORY SCHOOL EIN 85-0165745 · last filed 990 for 2025
- SOUTHWESTERN COLLEGE EIN 85-0271348 · last filed 990 for 2025
- INSTITUTE OF AMERICAN INDIAN ARTS TRUST EIN 85-0377670 · last filed 990 for 2025
- COMMUNITIES IN SCHOOLS OF NEW MEXICO EIN 85-0481104 · last filed 990 for 2025
- SANTA FE COMMUNITY COLLEGE FOUNDATION EIN 20-1594570 · last filed 990 for 2025