New Mexico Film Foundation
- Assets
- $33.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Fe, NM
- Founding
- 12/2014
- Data as of
- 06/2023
- EIN
- 46-3089699
Organization Overview
New Mexico Film Foundation is located in Santa Fe, NM. The organization was established in 2014. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, 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. New Mexico Film 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 06/2023, New Mexico Film Foundation generated $65.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $82.3k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 7 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 Mission:
Part 3 - Line 1
TO HELP GROW THE NEW MEXICO INDEPENDENT FILM INDUSTRY BY OFFERING FINANCIAL ASSISTANCE AND EDUCATIONAL OPPORTUNITIES TO NEW MEXICO INDEPENDENT FILMMAKERS. WE OFFER GRANTS TO FILMMAKERS AND ARRANGE WORKSHOPS AND OTHER EDUCATIONAL EVENTS
Describe the Organization's Program Activity:
Part 3
GEORGE RR MARTIN SCI FI SCREWNWRING GRANT. AN AWARD OF $5000 TO A QUALIFIED SCREENWRITERS. OPEN TO ALL NEW MEXICO RESIDENTS.
EDUCATIONAL PROGRAM HOSTING 4 PART SERIES- 2021 NEW MEXICO ABOVE-THE-LINE CONVERSATION SERIES, A FOUR-PART VIRTUAL SERIES FOR ABOVE THE LINE TALENT THROUGH ZOOM FOR WRITERS, ACTORS, PRODUCERS AND DIRECTORS. HOSTED AN IN PERSON EVENT WITH THE JEAN COCTEAU THEATER TO SHOWCASE LOCAL INDEPENDENT FILMS. ADDITIONAL, MET WITH LOCAL FILM LIAISONS IN NEW MEXICO TO DISCUSS THE MISSION BEHIND THE FOUNDATION AND TO COLLABORATE ON FUTURE EVENTS. VERY CHALLENGING YEAR WITH COVID RESTRICTIONS WITHIN OUR STATE.
PROVIDING INFORMATION AND DISEMINATION TO NEW MEXICO FILM COMMUNITY ANSWERING QUESTIONS, REFERRING, ADVISING, MENTORING AND HELPING WITH PROJECT DEVELOPMENT AND CONSULTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Futschik Executive Director | 15 | $9,430 | |
Daniel Region Vice President | 2 | $0 | |
Paul Lucero Board Secretary | 2 | $0 | |
Chad Quick Advisory Member | 1 | $0 | |
Royd Mcgarish Advisory Member | 2 | $0 | |
Tiffany Neely Advisory Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,045 |
| Total Program Service Revenue | $1,269 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,314 |
| 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 | $9,430 |
| Occupancy, rent, utilities, and maintenance | $2,035 |
| Printing, publications, postage, and shipping | $814 |
| Other expenses | $9,751 |
| Total expenses | $82,316 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,182 |
| Other assets | $0 |
| Total assets | $33,182 |
| Total liabilities | $0 |
| Net assets or fund balances | $33,182 |