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
Public Charity
NEW MEXICO SCHOOL FOR THE ARTS - ARTS INSTITUTE
NEW MEXICO SCHOOL FOR THE ARTS - ARTS INSTITUTE is a nonprofit organization categorized as Public Charity based in SANTA FE, NM. Its most recent IRS filing (2025) reports revenue of $2.9M, expenses of $2.7M, total assets of $32.3M. Imperigo tracks 58 reported grant relationships connected to this organization totaling approximately $9.5M.
EIN: 264764395
SANTA FE, NM
Charter Schools
NTEE: B29
Latest filing: 2025
Total Revenue$2.9M
Total Expenses$2.7M
Total Assets$32.3M
Grant Records58
Funding Total$9.5M
Filing Years2021–2025
Where $100 goes at New Mexico School for the Arts - Arts Institute
How New Mexico School for the Arts - Arts Institute divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$62
Programs
the work itself
$17
Management
running the organization
$21
Fundraising
raising the next dollar
Inside the $62 for programs
$62
Arts educational institution program was established to provide intensive pre-professional art education of students demonstrating promise, aptitude and passion for the arts
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
Assistance
$10,000
For grant recipient's exempt purposes
$245,500
EDUCATION
$87,200
GENERAL OPERATING SUPPORT
$35,500
NMSA-AI GENERAL OPERATING SUPPORT
$10,000
Showing up to 5 of 58 total records — full history available with membership.
Officers & Directors
DIRECTOR
Aaron Payne
DIRECTOR
Amy Mccombs
BOARD CHAIR
Carl Thoma
DIRECTOR
Charlotte Hetherington
EXECUTIVE DIRECTOR
Cindy Montoya
SECRETARY
Cynthia Nava
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $2.9M | $2.7M | $32.3M |
| 2024 | $4.9M | $2.9M | $31.0M |
| 2023 | $3.9M | $3.1M | $29.0M |
| 2022 | $2.9M | $2.8M | $29.1M |
| 2021 | $3.8M | $2.1M | $30.3M |
Between 2021 and 2025, reported annual revenue declined from $3.8M to $2.9M (-25%), with total assets most recently reported at $32.3M.
Interactive year-over-year charts and full filing details available with membership.