NonprofitsParallel Studios Inc

Arts, Culture & Humanities

Parallel Studios Inc

SANTA FE, NM

Total revenue

$203K

Total expenses

$200K

Net assets

$109K

Grants received

$230K

18 grants

EIN

364663305

Tax year

2024

Mission

Parallel Studios Inc. organizes and presents its Currents Art & Technology Festival annually, which gives the community at large the chance to experience the latest in new media arts in an open and non-intimidating environment. We provide docent tours to expand the general public's understanding of the medium.From 2021 through 2024 festival admission was $10 for adults and was free for those 20 and younger. We create an environment for the participating artists that is conducive to the sharing of information and experience. Selected artists present lectures and hands-on workshops which are open to artists and the public. We strive to engage youth in this art form by inviting groups to attend and offering guided tours.

Programs

3 programs

N/A

N/A

Parallel Studios fosters new media arts and supports artists in creating innovative work. Our annual festival, CURRENTS, educational programs, and exhibition space give the public year-round access to immersive and expansive art experiences.

Financials

FY 2024

Revenue

Contributions & grants$162K
Program service revenue$41K
Investment income
Other revenue
Total revenue$203K

Expenses

Grants paid
Salaries & benefits$45K
Fundraising
Other expenses$155K
Total expenses$200K
Total assets$109K
Net assets$109K

People

6 listed

NameRoleCompensation

Hannah Kramm

Secretary

Board

2 hrs/wk

Anne Farrell

President

Board

2 hrs/wk

Frank Ragano

Executive Director

Board

40 hrs/wk

Mariannah Amster

Creative Director

Board

31 hrs/wk

Ken Prokuski

Treasurer

Board

2 hrs/wk

Robert Siqueriros

Director

Board

2 hrs/wk

Grants received

Showing 18 of 18

FromAmountPurposeYear
$10K
For grant recipient's exempt purposes
2023
$5K
SUPPORT PRESENTER OF NEW VIDEO, MUSIC AND INSTALLATION ART
2023
$25K
For grant recipient's exempt purposes
2022
$25K
ARTS, CULTURE
2022
$20K
GENERAL SUPPORT
2022
$5K
SUPPORT PRESENTER OF NEW VIDEO, MUSIC AND INSTALLATION ART
2022
$15K
For grant recipient's exempt purposes
2021
$15K
For grant recipient's exempt purposes
2021
$5K
SUPPORT PRESENTER OF NEW VIDEO, MUSIC AND INSTALLATION ART
2021
$15K
For grant recipient's exempt purposes
2020
$5K
SUPPORT PRESENTER OF NEW VIDEO, MUSIC AND INSTALLATION ART
2020
$15K
For grant recipient's exempt purposes
2019
$5K
SUPPORT PRESENTER OF NEW VIDEO, MUSIC AND INSTALLATION ART
2019
$15K
For grant recipient's exempt purposes
2018
$5K
SUPPORT PRESENTER OF NEW VIDEO, MUSIC AND INSTALLATION ART
2018
$15K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$5K
GENERAL OPERATING SUPPORT
2017

Funded by

$230K from 4 funders · 18 grants · 2017–2023

Fidelity Investments Charitable Gift Fund

$125K · 8 grants · 2017–2023

American Endowment Foundation

$50K · 2 grants · 2020–2022

Mediathe Foundation Inc

$35K · 7 grants · 2017–2023

Carl & Marilynn Thoma Foundation

$20K · 1 grant · 2022

Details

EIN364663305
NTEE codeA20
Subsection03
Ruling date2011-02
Employees2
Volunteers0
PARALLEL STUDIOS INC — Mission, Financials & Grants Received | Grantivo