Nonprofit · EIN 81-1852200
PASEO PROJECT INC
Tax-exempt · TAOS, NM 87571
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $354,125 | $336,883 | $17,242 | $234,368 | $3,236 | $231,132 |
| December 31, 2024 | 990 | $408,979 | $295,160 | $113,819 | $215,764 | $1,874 | $213,890 |
| December 31, 2023 | 990 | $406,137 | $344,634 | $61,503 | $253,569 | $3,498 | $250,071 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $322,557
- of which government grants
- $94,243
- Program service revenue
- $19,333
- Investment income
- $12,235
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $154,855
- Salaries, compensation and benefits (total)
- $168,091
- Professional fundraising fees
- $0
- Accounting fees
- $4,423
- Occupancy
- -$5,101
- Depreciation
- $400
- Program services (functional)
- $334,559
- Management and general (functional)
- $2,324
Balance sheet and other
- Total assets, start of year
- $215,764
- Total assets, end of year
- $234,368
- Total liabilities, end of year
- $3,236
- Net assets, end of year
- $231,132
- Land, buildings and equipment
- $1,600
- Gross receipts
- $354,125
- Employees
- 11
- Volunteers
- 15
- Year formed
- 2016
- State of legal domicile
- NM
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Maria Samora | Director Trustee or director | 0 | $0 |
| Nathaniel Evans | Treasurer Trustee or director, Officer | 0 | $0 |
| Jacob V Cisneros | Director Trustee or director | 0 | $0 |
| Elizabeth C Palacios | Chair person Trustee or director, Officer | 0 | $0 |
| Cat Legere | Director Trustee or director | 0 | $0 |
| Madison Davisinger | Director Trustee or director | 0 | $0 |
| Chiara Kozlovich | Director Trustee or director | 0 | $0 |
| Enrico Trujillo | vice chair/sec Trustee or director, Officer | 0 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nina Silfverberg | Director Trustee or director | 0 | $0 |
| Nathaniel Evans | Treasurer Trustee or director, Officer | 0 | $0 |
| Jacob V Cisneros | Director Trustee or director | 0 | $0 |
| Elizabeth C Palacios | Chair person Trustee or director, Officer | 0 | $0 |
| Dawning Pollen Shorty | Director Trustee or director | 0 | $0 |
| Joleen Montoya | Secretary Trustee or director, Officer | 0 | $0 |
| Sawyer Sides | Director Trustee or director | 0 | $0 |
| Enrico Trujillo | vice chair Trustee or director | 0 | $0 |
| carsyn griffin | Director Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nina Silfverberg | Director Trustee or director | 0 | $0 |
| Nathaniel Evans | Treasurer Trustee or director, Officer | 0 | $0 |
| Helen Henry | Director Trustee or director | 0 | $0 |
| Elizabeth C Palacios | Chairman Trustee or director, Officer | 0 | $0 |
| Dawning Pollen Shorty | Director Trustee or director | 0 | $0 |
| Joleen Montoya | Secretary Trustee or director, Officer | 0 | $0 |
| Nina Gonzales | Director Trustee or director | 0 | $0 |
| Enrico Trujillo | Director Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1075, TAOS, NM 87571-1075
- In care of
- % MATT THOMAS
- Principal officer (990 for 2025)
- Elizabeth C Palacios, PO Box 1075, Taos, NM 87571
- Signed the 990
- Elizabeth C Palacios, Board Chair
- Phone
- (575) 613-0601
- Website
- https://paseoproject.org/
- Return prepared by
- L Johnson Consulting Inc
Mission
The PASEO Projects mission is to transform art through community and community through art. The PASEO Project lives at the center of three primary values: Art, Education, and Community. The PASEO Projects community is both local and global, respectful and inclusive. The PASEO Project hosts the annual PASEO outdoor art festival located in Historic Downtown Taos.
Program accomplishments
- The PASEO Project's mission is to transform art through community and community through art. The PASEO Project lives at the center of three primary values: Art, Education, and Community. The PASEO Projects community is both local and global, respectful and inclusive. The PASEO Project hosts the annual PASEO outdoor art festival located in Historic Downtown Taos, bringing the art of installation, performance, and projection to northern New Mexico in the streets of Taos, New Mexico.Expenses $334,559 · grants $214,816 · revenue $127,074
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-1852200
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A20)
- Assets (IRS master file)
- $234,368
- Income (IRS master file)
- $354,125
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $354,125 | $336,883 | $234,368 | XML |
| 990 | December 2024 | $408,979 | $295,160 | $215,764 | XML |
| 990 | December 2023 | $406,137 | $344,634 | $253,569 | XML |
| 990 | December 2022 | $344,479 | $307,535 | $193,501 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-1852200).
Questions about PASEO PROJECT INC
- What is the EIN of PASEO PROJECT INC?
- The employer identification number (EIN) of PASEO PROJECT INC is 81-1852200.
- Is PASEO PROJECT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to PASEO PROJECT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PASEO PROJECT INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PASEO PROJECT INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PASEO PROJECT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PASEO PROJECT INC?
- The 990 for the year ended December 31, 2025 names Elizabeth C Palacios.
- Who are the officers and directors of PASEO PROJECT INC?
- The 990 for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does PASEO PROJECT INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $354,125, expenses of $336,883 and total assets of $234,368 at year end.
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All nonprofits in TAOS · New Mexico · Arts, culture and humanities