Southwest New Mexico Arts Culture And Tourism
- Assets
- $41.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Silver City, NM
- Founding
- 03/2015
- Data as of
- 12/2023
- EIN
- 47-1141987
Organization Overview
Southwest New Mexico Arts Culture And Tourism, operating under the name Silver City Arts And Cultural District, is located in Silver City, NM. The organization was established in 2015. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Silver City Arts And Cultural District 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, Silver City Arts And Cultural District generated $140.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $125.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (10.0%) per year over the past 9 years. 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
2023
Describe the Organization's Program Activity:
Part 3
SWNMACT EXISTS TO PRESERVE, ENHANCE, AND SUSTAIN RURAL ECONOMIC DEVELOPMENT INITIATIVES AND THE CREATIVE ECONOMY IN SWNM INCLUDING SILVER CITY & GRANT COUNTY THROUGH EDUCATION,CULTURAL & HISTORICPRESERVATION, PROMOTION OF TOURISM AND ENGAGING THE COMMUNITY IN ARTS AND CULTURAL ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lee Gruber Director | 30 | $0 | |
Robert Schiowitz President | 1 | $0 | |
Kelsey Patterson Secretary | 1 | $0 | |
Jennifer Cook Treasurer | 1 | $0 | |
Alicia Edwards Board Member | 1 | $0 | |
Priscilla Lucero Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,844 |
| Total Program Service Revenue | $65,000 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $140,844 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $88,843 |
| Occupancy, rent, utilities, and maintenance | $3,572 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,454 |
| Total expenses | $125,869 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,729 |
| Other assets | $0 |
| Total assets | $41,729 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,729 |