Nonprofit · EIN 85-0484135
FUSION
Tax-exempt · ALBUQUERQUE, NM 87102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $675,726 | $680,360 | -$4,634 | $1,574,438 | $1,236,124 | $338,314 |
| December 31, 2023 | 990 | $471,046 | $630,480 | -$159,434 | $1,604,609 | $1,261,661 | $342,948 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $267,529
- of which government grants
- $112,129
- Program service revenue
- $343,046
- Investment income
- $0
- Net rental income
- $65,151
- Other revenue
- $65,151
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $152,748
- Other salaries and wages
- $118,305
- Salaries, compensation and benefits (total)
- $338,401
- Professional fundraising fees
- $0
- Accounting fees
- $3,428
- Occupancy
- $67,876
- Travel
- $3,750
- Depreciation
- $35,900
- Program services (functional)
- $546,687
- Management and general (functional)
- $103,723
- Fundraising (functional)
- $29,950
Balance sheet and other
- Total assets, start of year
- $1,604,609
- Total assets, end of year
- $1,574,438
- Total liabilities, end of year
- $1,236,124
- Net assets, end of year
- $338,314
- Land, buildings and equipment
- $1,081,334
- Net assets without donor restrictions
- $338,314
- Gross receipts
- $675,726
- Employees
- 34
- Year formed
- 2002
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dennis Gromelski | Board Chairman Trustee or director, Officer | 30 | $74,556 |
| Jacqueline Reid | Treasurer Trustee or director, Officer | 40 | $72,045 |
| Laurie Thomas | Secretary Trustee or director | 5 | $6,146 |
| Andrew Connors | Director Trustee or director | 1 | $0 |
| Justine Fox Young | Director Trustee or director | 2 | $0 |
| Charlie Hawkins | Director Trustee or director | 1 | $0 |
| Jeffrey Squires | Director Trustee or director | 1 | $0 |
| Nick Chavez | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jacqueline Reid | Treasurer Trustee or director, Officer | 40 | $75,347 |
| Dennis Gromelski | Board Chairman Trustee or director, Officer | 30 | $72,969 |
| Charlie Hawkins | Director Trustee or director | 1 | $0 |
| Justine Fox Young | Director Trustee or director | 2 | $0 |
| Nick Chavez | Director Trustee or director | 1 | $0 |
| Jeffrey Squires | Director Trustee or director | 1 | $0 |
| Andrew Connors | Director Trustee or director | 1 | $0 |
| Laurie Thomas | Secretary Trustee or director | 5 | $0 |
| Emilie De Angelis | Director Trustee or director | 1 | $0 |
| Fred Franklin | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 700 1ST ST NW, ALBUQUERQUE, NM 87102-2308
- In care of
- % DENNIS GROMELSKI
- Signed the 990
- DENNIS GROMELSKI, Chairmen of the Board
- Phone
- (505) 766-9412
- Website
- www.fusionabq.org
- Return prepared by
- Muehlmeyer PC CPA
Mission
The Organizations mission is to enhance the quality of performing arts in Albuquerque, NM
Program accomplishments
- The 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.Expenses $546,687 · grants $112,129 · revenue $343,046
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-0484135
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A65)
- Assets (IRS master file)
- $1,574,438
- Income (IRS master file)
- $675,726
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $675,726 | $680,360 | $1,574,438 | XML |
| 990 | December 2023 | $471,046 | $630,480 | $1,604,609 | XML |
| 990 | December 2022 | $460,180 | $587,345 | $1,774,473 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 85-0484135).
Questions about FUSION
- What is the EIN of FUSION?
- The employer identification number (EIN) of FUSION is 85-0484135.
- Is FUSION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to FUSION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FUSION 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 FUSION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FUSION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of FUSION?
- The 990 for the year ended December 31, 2024 lists 8 people; 3 received compensation from the organization, the highest $74,556 (Dennis Gromelski, Board Chairman).
- How much revenue does FUSION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $675,726, expenses of $680,360 and total assets of $1,574,438 at year end.
Other nonprofits in ALBUQUERQUE
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- EXPLORA SCIENCE CENTER & CHILDRENS MUSEUM OF ALBUQUERQUE EIN 85-0442062 · last filed 990 for 2025
- INDIAN PUEBLO CULTURAL CENTER INC EIN 85-0232968 · last filed 990 for 2024
- CENTER OF SOUTHWEST CULTURE INC EIN 85-0402832 · last filed 990 for 2025
- THE NATIONAL INSTITUTE OF FLAMENCO EIN 85-0332879 · last filed 990 for 2025
- NEW MEXICO PHILHARMONIC INC EIN 27-1148446 · last filed 990 for 2025
- NATIONAL ATOMIC MUSEUM FOUNDATION EIN 85-0404628 · last filed 990 for 2025
- ALBUQUERQUE MUSEUM FOUNDATION INC EIN 85-0201054 · last filed 990 for 2025
All nonprofits in ALBUQUERQUE · New Mexico · Arts, culture and humanities