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The National Institute of Flamenco

EIN 85-0332879 · Albuquerque, NM

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair53 out of 100GovernanceGood72 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE MISSION OF NIF IS TO PRESERVE AND PROMOTE FLAMENCO'S ARTISTRY, HISTORY, AND CULTURE BY PRESENTING THE FINEST FLAMENCO IN THE WORLD AND BY EDUCATING THE AMERICAN FAMILY IN THIS ART FORM WHILE EMPHASIZING THE POSITIVE INFLUENCE OF ART ON FAMILIES AND COMMUNITIES.

Income
$2.9 million
Spending
$3.0 million
Spent on programs
85%
Reserves
1 months of spending
Largest source of income
fees for its services, 45%
Employees
36
Volunteers
30
Highest pay
$72,460, deputy exec

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 53 out of 100. Higher than 24% of charities in its peer group (arts and culture, $1m to $10m).

  • Reserves

    10 of 35

    Spendable reserves would cover 1.0 months of spending.

  • Debt

    5 of 20

    It owes 60% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 3% of income.

  • Income trend

    15 of 15

    Income rose 26% on the year before.

  • Spending floor

    15 of 15

    84% of spending went to programs and raising each dollar of donations cost 14 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 72 out of 100. Higher than 23% of charities in its peer group (arts and culture, $1m to $10m).

  • Independent board

    25 of 25

    11 of 13 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $2.6 million spent. THE INSTITUTE, THROUGH ITS PROGRAMMING AND COLLABORATIONS, HAS TURNED ALBUQUERQUE INTO THE CENTER FOR FLAMENCO IN NORTH AMERICA. THE FLAGSHIP PROGRAM, FESTIVAL FLAMENCO ALBURQUERQUE, IS NOW IN ITS 38TH YEAR AND PROVIDES UNPARALLELED ARTISTIC AND EDUCATIONAL PROGRAMMING FOR YOUTH, FAMILIES, STUDENTS, AND PROFESSIONAL ARTISTS FROM NEW MEXICO AND AROUND THE WORLD. THE INSTITUTES PROFESSIONAL COMPANY, YJASTROS, CELEBRATED ITS 25TH ANNIVERSARY AND IS THE FLAMENCO DANCE COMPANY IN RESIDENCE AT THE UNIVERSITY OF NEW MEXICO DEPARTMENT OF THEATRE AND DANCE. YJASTROS PROVIDES EMPLOYMENT AND PROFESSIONAL DEVELOPMENT TO ITS FLAMENCO DANCERS AND MUSICIANS, AND THE COMPANY MEMBERS ALSO TEACH AND PROVIDE MENTORSHIP FOR STUDENTS AND YOUNGER APPRENTICE ARTISTS. THE INSTITUTES EDUCATION PROGRAMS INCLUDE FLAMENCO IN YOUR NEIGHBORHOOD STATEWIDE AND LOCAL OUTREACH CLASSES AND PERFORMANCES AND THE CONSERVATORY OF FLAMENCO ARTS, AS WELL AS THE CLASSES AND WORKSHOPS IN FESTIVAL FLAMENCO ALBURQUERQUE, FESTIVAL JUVENIL, AND FLAMENCO KIDS CAMP. IN 2016, THE INSTITUTE PARTNERED WITH HERITAGE HOTELS AND RESORTS TO CREATE AND OPEN TABLAO FLAMENCO ALBUQUERQUE, AN INTIMATE, TRADITIONAL VENUE WHERE IMPROVISED FLAMENCO PERFORMANCES OCCUR THREE EVENINGS A WEEK YEAR-ROUND. THE INSTITUTE, THROUGH ITS PROGRAMMING AND COLLABORATIONS, HAS TURNED ALBUQUERQUE INTO THE CENTER FOR FLAMENCO IN NORTH AMERICA. THE FLAGSHIP PROGRAM, FESTIVAL FLAMENCO ALBURQUERQUE, IS NOW IN ITS 38TH YEAR AND PROVIDES UNPARALLELED ARTISTIC AND EDUCATIONAL PROGRAMMING FOR YOUTH, FAMILIES, STUDENTS, AND PROFESSIONAL ARTISTS FROM NEW MEXICO AND AROUND THE WORLD. THE INSTITUTES PROFESSIONAL COMPANY, YJASTROS, CELEBRATED ITS 25TH ANNIVERSARY AND IS THE FLAMENCO DANCE COMPANY IN RESIDENCE AT THE UNIVERSITY OF NEW MEXICO DEPARTMENT OF THEATRE AND DANCE. YJASTROS PROVIDES EMPLOYMENT AND PROFESSIONAL DEVELOPMENT TO ITS FLAMENCO DANCERS AND MUSICIANS, AND THE COMPANY MEMBERS ALSO TEACH AND PROVIDE MENTORSHIP FOR STUDENTS AND YOUNGER APPRENTICE ARTISTS. THE INSTITUTES EDUCATION PROGRAMS INCLUDE FLAMENCO IN YOUR NEIGHBORHOOD STATEWIDE AND LOCAL OUTREACH CLASSES AND PERFORMANCES AND THE CONSERVATORY OF FLAMENCO ARTS, AS WELL AS THE CLASSES AND WORKSHOPS IN FESTIVAL FLAMENCO ALBURQUERQUE, FESTIVAL JUVENIL, AND FLAMENCO KIDS CAMP. IN 2016, THE INSTITUTE PARTNERED WITH HERITAGE HOTELS AND RESORTS TO CREATE AND OPEN TABLAO FLAMENCO ALBUQUERQUE, AN INTIMATE, TRADITIONAL VENUE WHERE IMPROVISED FLAMENCO PERFORMANCES OCCUR THREE EVENINGS A WEEK YEAR-ROUND.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 1986.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.