Kxnm Fm 88 7 Mh Community Foundation is located in Estancia, NM. The organization was established in 2010. According to its NTEE Classification (A34) the organization is classified as: Radio, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kxnm FM 88 7 MH Community Foundation 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 12/2022, Kxnm FM 88 7 MH Community Foundation generated $114.6k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $101.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
NON-COMMERCIAL PUBLIC RADIO BROADCASTING. WE SERVE TORRANCE COUNTY NEW MEXICO AS WELL AS THE EDGES OF NEIGHBORING COUNTIES. TORRANCE COUNTY HAS APPROXIMATELY 15,000 RESIDENTS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Smith President | 1 | $0 | |
Joyce Mckinnis Treasurer Secretary | 2 | $0 | |
Ladd Hagmaier Director | 1 | $0 | |
Duane Parker Director | 1 | $0 | |
Bill Sims Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $357 |
| Total Program Service Revenue | $114,281 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $114,642 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,995 |
| Professional fees and other payments to independent contractors | $39,723 |
| Occupancy, rent, utilities, and maintenance | $22,659 |
| Printing, publications, postage, and shipping | $435 |
| Other expenses | $456 |
| Total expenses | $101,268 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $83,006 |
| Other assets | $0 |
| Total assets | $450,564 |
| Total liabilities | $23,422 |
| Net assets or fund balances | $427,142 |