Turquoise Trail Performing Arts
- Assets
- $40.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 02/1992
- Data as of
- 06/2017
- EIN
- 85-0394777
Organization Overview
Turquoise Trail Performing Arts is located in Albuquerque, NM. The organization was established in 1992. According to its NTEE Classification (A6B) the organization is classified as: Singing & Choral Groups, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Turquoise Trail Performing Arts is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2017, Turquoise Trail Performing Arts generated $86.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (23.2%) each year. All expenses for the organization totaled $83.0k during the year ending 06/2017. As we would expect to see with falling revenues, expenses have declined by (20.2%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy L Morris President: Ttpa | 25 | $0 | |
Margaret Roberts Vice-President: Ttpa | 2 | $0 | |
Gwen-Marie S Lerch Ttpa Treasurer And Artistic Director: Encantada | 40 | $0 | |
Alex Klebenow Secretary | 2 | $0 | |
George Dresden Ttpa Director And Nmwc President | 30 | $0 | |
Kathleen David Ttpa Director At Large | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,020 |
| Total Program Service Revenue | $31,873 |
| Membership dues | $4,330 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,167 |
| Other Revenue | $0 |
| Total Revenue | $86,535 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,584 |
| Professional fees and other payments to independent contractors | $11,262 |
| Occupancy, rent, utilities, and maintenance | $6,517 |
| Printing, publications, postage, and shipping | $6,242 |
| Other expenses | $26,102 |
| Total expenses | $83,006 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,658 |
| Other assets | $0 |
| Total assets | $40,187 |
| Total liabilities | $0 |
| Net assets or fund balances | $40,187 |