Museum Of New Mexico Foundation

Organization Overview

Museum Of New Mexico Foundation is located in Santa Fe, NM. The organization was established in 1964. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Museum Of New Mexico Foundation employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Museum Of New Mexico 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 06/2021, Museum Of New Mexico Foundation generated $8.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $5.2m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION'S PRINCIPAL ACTIVITIES ARE FUND DEVELOPMENT FOR EXHIBITIONS & EDUCATION PROGRAMS, RETAIL AND LICENSING, FINANCIAL MANAGEMENT, ADVOCACY & SPECIAL INITIATIVES, TO SUPPORT THE MUSEUM OF NEW MEXICO.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORT FOR THE BENEFIT OF THE MUSEUM OF NEW MEXICO. MUSEUMS: MUSEUM OF INTERNATIONAL FOLK ART, NEW MEXICO HISTORY MUSEUM, NEW MEXICO MUSEUM OF ART, MUSEUM OF INDIAN ARTS AND CULTURE/LABORATORY OF ANTHROPOLOGY, OFFICE OF ARCHAEOLOGICAL STUDIES. HISTORIC SITES: TAYLOR MESILLA HOME, BOSQUE REDONDO MEMORIAL AT FORT SUMNER HISTORIC SITE, CORONADO, FORT SELDEN, JEMEZ, LINCOLN, FORT STANTON AND LOS LUCEROS. SEE ANNUAL REPORT, MUSEUM OF NEW MEXICO FOUNDATION.


NEW MEMBER AND MEMBERSHIP RETENTION PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
Jamie Clements
President/ce
$189,491
John Rochester
Treasurer
$0
Frieda Simons Burnes
Secretary
$0
Guy Gronquist
Chair
$0
Harriet Schreiner
Vice Chair
$0
Maria Gale
Vice Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$1,327,050
Fundraising events$62,000
Related organizations$0
Government grants $947,549
All other contributions, gifts, grants, and similar amounts not included above$5,102,994
Noncash contributions included in lines 1a–1f $108,125
Total Revenue from Contributions, Gifts, Grants & Similar$7,439,593
Total Program Service Revenue$0
Investment income $503,824
Tax Exempt Bond Proceeds $0
Royalties $109,683
Net Rental Income $0
Net Gain/Loss on Asset Sales $111,756
Net Income from Fundraising Events $43,641
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$195,286
Miscellaneous Revenue$0
Total Revenue $8,605,972

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Museum Of New Mexico Foundation has recieved totaling $58,500.

Awarding OrganizationAmount
Dennis A Otoole Family Foundation

Portsmouth, NH

PURPOSE: GENERAL OPERATING SUPPORT

$58,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$18,364,287
Earnings$1,654,789
Admin Expense$235,092
Net Contributions$4,807,916
Other Expense$272,497
Ending Balance$24,319,403

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