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
6619%
Source: IRS Form 990, tax year 2024.
Who funds 516 ARTS
$1.2M in foundation grants on record from 12 funders — from IRS 990 grant line items.
| Funder | Total given | Grants |
|---|---|---|
| Albuquerque Community Foundation | $143K | 3 |
| Via Art Fund | $40K | 1 |
| New Mexico Humanities Council | $31K | 2 |
| Vanguard Charitable Endowment Program | $25K | 1 |
| National Performance Network | $15K | 2 |
| Donor Advised Charitable Giving | $13K | 2 |
Leadership
April Chalay — President/ED (Principal officer)
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