From public IRS filings
516 ARTS
ALBUQUERQUE, NM · Arts, Culture & Humanities
Mission
516 ARTS forges connections between art and audiences by being an active partner in developing the cultural landscape of Albuquerque and New Mexico. 516 ARTS offers programs inspiring curiosity, dialogue, risk-taking and creative experimentation.
Financials (IRS Form 990)
Total revenue
$384K
Total expenses
$728K
Total assets
$1.4M
Program expense ratio
66%
Source: IRS Form 990, tax year 2024.
Who funds 516 ARTS
$1.4M in foundation grants on record from 17 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Andy Warhol Foundation for the Visual Arts | $550K | 6 |
| Ford Foundation | $253K | 2 |
| Fidelity Investments Charitable Gift Fund | $152K | 2 |
| Albuquerque Community Foundation | $143K | 3 |
| Lannan Foundation | $50K | 1 |
| Pnm Resources Foundation | $40K | 8 |
| Via Art Fund | $40K | 1 |
| New Mexico Humanities Council | $31K | 2 |
| Vanguard Charitable Endowment Program | $25K | 1 |
| Bank of America Charitable Foundation | $20K | 2 |
Leadership
April Chalay — President/ED (Principal officer)
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