EIN 20-8540744

516 Arts

IRS 501(c) type
501(c)(3)
Num. employees
7
Year formed
2006
Most recent tax filings
2024-12-01
Description
The mission of 516 ARTS is to forge connections between contemporary artists and diverse audiences and our vision is to be an active partner in developing the cultural landscape of Albuquerque and New Mexico.
Total revenues
$383,975
2024
Total expenses
$727,576
2024
Total assets
$1,350,672
2024
Num. employees
7
2024

Program areas at 516 Arts

Exhibitions and Public ProgramsIn 2024, 516 ARTS presented a series of contemporary art exhibitions and over 40 public programs, including artist talks, panel discussions, performances, highlighting our continued collaborative approach. Our programming emphasized underrepresented voices and community-driven dialogue, reaching over 8,000 people in person and over 10,000 through digital and broadcast media. Admissions to the exhibitions are free to remain accessible.
Fulcrum FundThe Fulcrum Fund, part of the Andy Warhol Foundations Regional Regranting Program, awarded $55,565 in direct grants to New Mexico-based artists for independent, public-facing projects. The process included an open call and a panel of national guest jurors. The program continues to support experimental, risk-taking practices outside traditional institutions.
Youth Education516 ARTS expanded its youth education programs in 2024, serving over 750 students through in-school workshops, exhibition tours, youth-led art projects, youth exhibitions, and our 516 BRIDGES peer-to-peer program. This included partnerships with APS Title I schools and community groups to ensure inclusive, arts-based learning experiences focused on identity, place, and creative expression.

Grants made by 516 Arts

GranteeGrant descriptionAmount
Partnership for Community ActionArtist General Support$9,000

Who funds 516 Arts

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Andy Warhol Foundation for the Visual ArtsWarhol Re-Granting Initiative$150,000
The Ford FoundationCore Support for A New Curatorial Position Focusing on Us Latinx Art and Art History As Part of the Advancing Latinx Art in Museums Initiative$150,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$76,650
...and 8 more grants received

Financials for 516 Arts

RevenuesFYE 12/2024
Total grants, contributions, etc.$221,397
Program services$172,518
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-9,940
Miscellaneous revenues$0
Total revenues$383,975

Organizations like 516 Arts

OrganizationLocationRevenue
Maryland Art PlaceBaltimore, MD$338,917
Albany BarnAlbany, NY$587,045
Visual Art ExchangeRaleigh, NC$490,255
Lawndale Art & Performance CenterHouston, TX$434,157
Advocacy for the Visual ArtsGillette, WY$268,504
The Lab SFSan Francisco, CA$626,743
Southwestern Association for Indian Indian Arts (SWAIA)Santa Fe, NM$1,321,204
Art EncounterEvanston, IL$667,452
18th Street Arts ComplexSanta Monica, CA$1,836,017
Worthless StudiosNew York, NY$733,409
Data update history
July 6, 2025
Received grants
Identified 1 new grant, including a grant for $5,000 from Anne Embree Charitable Foundation
June 5, 2025
Updated personnel
Identified 1 new personnel
May 31, 2025
Posted financials
Added Form 990 for fiscal year 2024
April 22, 2025
Received grants
Identified 3 new grant, including a grant for $150,000 from Andy Warhol Foundation for the Visual Arts
January 5, 2025
Received grants
Identified 2 new grant, including a grant for $150,000 from The Ford Foundation
Nonprofit Types
Arts, culture, and humanities nonprofitsCharities
Issues
Arts, cultural, and humanities
Characteristics
State / local levelReceives government fundingGala fundraisersTax deductible donationsAccepts online donations
General information
Address
516 Central Ave SW
Albuquerque, NM 87102
Metro area
Albuquerque, NM
County
Bernalillo County, NM
Website URL
516arts.org/about/about-516-arts 
Phone
(505) 242-1445
IRS details
EIN
20-8540744
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2006
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A40: Visual Art Organizations, Services
NAICS code, primary
7113: Promoters of Performing Arts, Sports, and Similar Events
Parent/child status
Independent
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