Ralph T Coe Center For The Arts Inc is located in Santa Fe, NM. The organization was established in 2008. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ralph T Coe Center For The Arts Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Ralph T Coe Center For The Arts Inc generated $494.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 36.7% each year . All expenses for the organization totaled $764.9k during the year ending 12/2023. While expenses have increased by 8.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE STATEMENT OF DIRECT CHARITABLE ACTIVITIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel DE Wixom Presidnet, Ex Officio | 40 | $115,796 | |
Vanessa Elmore Secretary | 1 | $0 | |
Kenneth Johnson Chairman | 1 | $0 | |
Will Wilson Director | 1 | $0 | |
Randy J Brokeshoulder Director | 1 | $0 | |
Jessa Rae Growing Thunder Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $169,502 |
| Interest on Savings | $0 |
| Dividends & Interest | $74,708 |
| Net Rental Income | $23,901 |
| Net Gain on Sale of Assets | $224,574 |
| Capital Gain Net Income | $224,574 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,000 |
| Total Revenue | $494,685 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $115,796 |
| Other employee salaries and wages | $127,625 |
| Pension plans, employee benefits | $0 |
| Interest | $25,487 |
| Taxes | $36,552 |
| Depreciation | $22,457 |
| Occupancy | $189,501 |
| Travel, conferences, and meetings | $5,085 |
| Printing and publications | $0 |
| Other expenses | $147,555 |
| Total operating and administrative expenses | $764,917 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $764,917 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $296,146 |
| Savings and temporary cash investments | $275,732 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $231,536 |
| Net Land, buildings, and equipment | $1,007,766 |
| Other assets | $7,567,798 |
| Total assets | $10,899,762 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $614,472 |
| Other liabilities | $4,985 |
| Total liabilities | $619,457 |