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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.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS Form 990 via ProPublica Nonprofit Explorer
Total Revenue
▼$228.8K
Total Contributions
$198.5K
Total Expenses
▼$213.3K
Total Assets
$106.4K
Total Liabilities
▼$98
Net Assets
$106.3K
Officer Compensation
→$38.3K
Other Salaries
$21.3K
Investment Income
▼$0
Fundraising
▼$0
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$500K
Awards Found
18
National Endowment for the Arts
$50K
PURPOSE: TO SUPPORT PERSONNEL EXPENSES IN RESPONSE TO AND RECOVERY FROM THE COVID-19 PANDEMIC.
National Endowment for the Arts
$50K
TO SUPPORT PERSONNEL AND FACILITIES COSTS IN RESPONSE TO THE COVID-19 PANDEMIC.
National Endowment for the Arts
$45K
PURPOSE: TO SUPPORT THE CURRENTS NEW MEDIA FESTIVAL AND RELATED PUBLIC PROGRAMMING.
National Endowment for the Arts
$35K
PURPOSE: TO SUPPORT THE CURRENTS NEW MEDIA FESTIVAL AND RELATED PUBLIC PROGRAMMING.
National Endowment for the Arts
$30K
PURPOSE: TO SUPPORT A CURATED EXHIBITION FEATURING ARTISTS AND ARTWORKS EXPLORING ARTIFICIAL INTELLIGENCE, ROBOTICS, AND EXTENDED REALITY, AND RELATED PUBLIC PROGRAMMING.
National Endowment for the Arts
$30K
PURPOSE: TO SUPPORT THE CURRENTS NEW MEDIA FESTIVAL AND RELATED PUBLIC PROGRAMMING.
National Endowment for the Arts
$30K
TO SUPPORT CURRENTS 2015: THE SANTA FE INTERNATIONAL NEW MEDIA FESTIVAL.
National Endowment for the Arts
$30K
TO SUPPORT CURRENTS 2013 NEW MEDIA EXHIBITION.
National Endowment for the Arts
$25K
PURPOSE: TO SUPPORT THE CURRENTS NEW MEDIA FESTIVAL AND RELATED PUBLIC PROGRAMMING.
National Endowment for the Arts
$25K
TO SUPPORT CURRENTS 2014: THE SANTA FE INTERNATIONAL NEW MEDIA FESTIVAL.
National Endowment for the Arts
$20K
PURPOSE: TO SUPPORT THE CURRENTS NEW MEDIA FESTIVAL AND ASSOCIATED EXHIBITIONS EVENTS AND EDUCATIONAL PROGRAMS.
National Endowment for the Arts
$20K
TO SUPPORT THE ANNUAL CURRENTS NEW MEDIA FESTIVAL AND RELATED FREE AND LOW-COST COMMUNITY ENGAGEMENT PROGRAMS.
National Endowment for the Arts
$20K
TO SUPPORT THE 2020 CURRENTS NEW MEDIA FESTIVAL FOCUSING ON FREE AND LOW-COST COMMUNITY ENGAGEMENT PROGRAMS.
National Endowment for the Arts
$20K
TO SUPPORT FREE AND LOW-COST COMMUNITY ENGAGEMENT PROGRAMS DURING THE CURRENTS NEW MEDIA FESTIVAL.
National Endowment for the Arts
$20K
TO SUPPORT THE CURRENTS NEW MEDIA FESTIVAL.
National Endowment for the Arts
$20K
TO SUPPORT THE CURRENTS 2016 NEW MEDIA FESTIVAL.
National Endowment for the Arts
$15K
TO SUPPORT THE 2018 CURRENTS NEW MEDIA FESTIVAL.
National Endowment for the Arts
$15K
TO SUPPORT THE "CURRENTS 2012" EXHIBITION.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Source: IRS e-Filed Form 990
No officer or director compensation data available for this organization.
This data is sourced from IRS Form 990, Part VII. It may not be available if the organization files Form 990-N (e-Postcard) or has not yet been enriched.
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
990-N (e-Postcard) Filing History
This organization files simplified Form 990-N (annual gross receipts ≤ $50,000).
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023 | $228.8K | $198.5K | $213.3K | $106.4K | $106.3K |
| 2022 | $288.5K | $254.6K | $279.4K | $92.4K | $90.9K |
| 2021 | $286.7K | $244K | $253.9K | $91.7K | $81.8K |
| 2020 | $163.4K | $162.6K | $143K | $51.9K |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS Form 990 via ProPublica Nonprofit Explorer (Tax Year 2023)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File · ProPublica Nonprofit Explorer
Tax-deductibility: IRS Publication 78
| $49.1K |
| 2019 | $267.8K | $228.8K | $266K | $47.7K | $28.7K |
| 2018 | $272.9K | $259K | $267.6K | $38.9K | $26.8K |
| 2017 | $215.3K | $204.6K | $211.1K | $33.6K | $21.5K |
| 2016 | $205.3K | $193.1K | $201.2K | $31.3K | $17.4K |
| 2015 | $177.9K | — | $175.8K | $15.8K | — |
| 2014 | $167.4K | — | $164.3K | $30.6K | — |
| 2013 | $148.7K | — | $150.6K | $40.1K | — |
| 2012 | $102.5K | — | $106.3K | $40.1K | — |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990-EZ | Data |
| 2014 | 990-EZ | Data |
| 2013 | 990-EZ | Data |
| 2012 | 990-EZ | Data |