EIN 36-4663305

Parallel Studios

IRS 501(c) type
501(c)(3)
Num. employees
3
Year formed
2011
Most recent tax filings
2023-12-01
Description
Parallel Studios fosters new media arts, supports artists, and presents the Currents festival in Santa Fe for immersive art experiences.
Total revenues
$228,761
2023
Total expenses
$213,337
2023
Total assets
$106,411
2023
Num. employees
3
2023

Program areas at Parallel Studios

The "currents" exhibition - Parallel Studios presents its current new media festival for a 10-day period each june in santa fe, new mexico. It offers the community at large the chance to experience the latest in new media arts in an open and non-intimidating environment. We provide docents tours to expand the general public's understanding of the medium. In 2020 the event went virtual due to the pandemic. It included approximately 40 different artists and experiences. 6,500 visitors from 95 countries and every state in the usa attended the on-line festival. Through 2018 exhibits were free and in 2019 a small 5 admission fee was charged to the public so as not to discourage those unfamiliar with thisform from visiting the exhibitions. We are now charging a 10 entry fee for adults and free admission for those 20 and younger. We are committed to a nondiscriminatory and inclusive approach to community involvement. 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 youth groups to attend the exhibits. Knowledgeable docents are available to guide them through the exhibit and answer their questions. We provide tours for over three hundred children from santa fe summer camp programs, boys and girls clubs and charter school summer programs.
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.

Who funds Parallel Studios

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$25,000
Mediathe FoundationSupport Presenter of New Video, Music and Installation Art$5,000

Personnel at Parallel Studios

NameTitleCompensation
Frank RaganoExecutive Director$27,720
Sarah FinnDigital Media Manager, Exhibition Manager
Mariannah AmsterPast Executive Director$15,840

Financials for Parallel Studios

RevenuesFYE 12/2023
Total grants, contributions, etc.$198,517
Program services$30,244
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$0
Miscellaneous revenues$0
Total revenues$228,761

Form 990s for Parallel Studios

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-11990View PDF
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-11-10990View PDF
2019-122021-02-22990View PDF
...and 7 more Form 990s
Data update history
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $5,000 from Mediathe Foundation
January 5, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 4, 2024
Updated personnel
Identified 2 new personnel
December 24, 2023
Received grants
Identified 3 new grant, including a grant for $25,000 from American Endowment Foundation
August 2, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
Arts, culture, and humanities nonprofitsCharities
Issues
EducationArts, cultural, and humanities
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
167 Soaring Hawk Trail
Santa Fe, NM 87508
Metro area
Santa Fe, NM
County
Santa Fe County, NM
Website URL
currentsnewmedia.org/ 
Phone
(505) 670-6473
IRS details
EIN
36-4663305
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2011
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A20: Arts, Cultural Organizations
NAICS code, primary
7113: Promoters of Performing Arts, Sports, and Similar Events
Parent/child status
Independent
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