Society Of The Muse Of The Southwest is located in Taos, NM. The organization was established in 1983. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Society Of The Muse Of The Southwest employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society Of The Muse Of The Southwest 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 12/2021, Society Of The Muse Of The Southwest generated $153.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $152.8k during the year ending 12/2021. While expenses have increased by 7.0% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WRITERS' ORGANIZATION READINGS, LECTURES & WORKSHOPS FOR WRITERS LED BY WRITERS, FACILITATED BY APPROXIMATELY 10 VOLUNTEERS
Describe the Organization's Program Activity:
STORYTELLING FESTIVAL OFFERING PROGRAMS FOR ADULTS & YOUTH
WORKSHOPS & EVENTS FOR WRITERS
YOUTH MENTORSHIP PROGRAM OFFERING PROGRAMS FOR TAOS COUNTY YOUTH
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jan Smith Executive Director | Officer | 40 | $38,438 |
Baksim Goddard Treasurer | OfficerTrustee | 2 | $0 |
Maria Garcia President | OfficerTrustee | 2 | $0 |
Amy Boaz Director | Trustee | 1 | $0 |
Olivia Romo Director | Trustee | 1 | $0 |
Estelle Laure Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $10,940 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $10,000 |
All other contributions, gifts, grants, and similar amounts not included above | $85,456 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $106,396 |
Total Program Service Revenue | $34,491 |
Investment income | $2,655 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $141 |
Net Rental Income | $9,086 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $636 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $153,675 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $7,716 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $38,438 |
Compensation of current officers, directors, key employees. | $1,922 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $9,175 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $2,613 |
Payroll taxes | $3,483 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,287 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $695 |
Fees for services: Other | $0 |
Advertising and promotion | $6,682 |
Office expenses | $6,414 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $8,598 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $65 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $16,355 |
Insurance | $0 |
All other expenses | $45,779 |
Total functional expenses | $152,798 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $61,974 |
Savings and temporary cash investments | $25,517 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $2,998 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $362,156 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $137,191 |
Intangible assets | $3,741 |
Other assets | $21,393 |
Total assets | $614,970 |
Accounts payable and accrued expenses | $1,229 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $231 |
Total liabilities | $1,460 |
Net assets without donor restrictions | $613,510 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $614,970 |
Over the last fiscal year, we have identified 2 grants that Society Of The Muse Of The Southwest has recieved totaling $20,000.
Awarding Organization | Amount |
---|---|
National Book Foundation Inc New York, NY PURPOSE: LITERARY ARTS EMERGENCY FUND GRANT | $15,000 |
Virginia Wellington Cabot Fndtn Tr Ua 121692 Thomas D Cabot Donor Boston, MA PURPOSE: EXEMPT PURPOSE | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Center For Action And Contemplation Inc Albuquerque, NM | $15,264,590 | $12,835,886 |
Bohemian Operating Foundation Fort Collins, CO | $26,896,792 | $478,884 |
Southern Gas Association Dallas, TX | $5,545,984 | $4,419,938 |
Humanities Texas Austin, TX | $9,920,951 | $4,003,511 |
Common Threads Austin, TX | $2,007,404 | $3,535,258 |
Archaeological Conservancy Albuquerque, NM | $56,717,200 | $10,561,379 |
Dallas Human Resource Management Association Inc Dallas, TX | $3,193,977 | $1,127,847 |
Utah Humanities Council Salt Lake City, UT | $2,088,801 | $1,889,036 |
Oklahoma Humanities Council Inc Oklahoma City, OK | $1,955,276 | $1,624,150 |
Arizona Humanities Council Phoenix, AZ | $662,934 | $1,414,820 |
Wm Symposia Inc Tempe, AZ | $3,410,011 | $1,097,058 |
Brilliant Lecture Series Inc Houston, TX | $24,900 | $1,346,410 |