Southwest New Mexico Arts Culture And Tourism
- Assets
- $26.8k
- Revenue
- $238.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Silver City, NM
- Founding
- 03/2015
- Data as of
- 12/2022
- 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 12/2022, Silver City Arts And Cultural District generated $238.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $231.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ENHANCE REGIONAL ECONOMIES AND QUALITY OF LIFE THROUGH THE SUPPORT AND PROMOTION OF THE SILVER CITY AREA'S UNIQUE ARTISTIC, CULTURAL, AND HISTORIC ASSETS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SWNMACT EXISTS TO PRESERVE, ENHANCE, AND SUSTAIN RURAL ECONOMIC DEVELOPMENT INITIATIVES AND THE CREATIVE ECONOMY IN SOUTHWEST NEW MEXICO INCLUDING SILVER CITY AND GRANT COUNTY THROUGH EDUCATION, CULTURAL AND HISTORIC PRESERVATION, PROMOTION OF TOURISM AND ENGAGING THE COMMUNITY IN ARTS AND CULTURAL ACTIVITIES.
SILVER CITY CLAY FESTIVAL: A SIGNATURE CELEBRATION OF CLAY GATHERING TOGETHER ARTISTS, EDUCATORS, ENTREPRENEURS, FAMILIES, YOUTH, ADVENTURERS, AND LIFELONG LEARNERS TO EXPLORE CLAY IN ITS MANY FORMS AS WELL AS ITS IMPACT ON OUR HISTORY, PRESENT AND FUTURE. THE FESTIVAL BUILDS APPRECIATION FOR CLAY AND ITS MANY ADAPTATIONS AND PROMOTES THE ARTISANS AND COMMUNITIES OF SOUTHWEST NEW MEXICO. IT IS ALSO A TOURISM EVENT DRAWING HUNDREDS OF TOURISTS TO SILVER CITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Cook Treasurer | OfficerTrustee | 1 | $0 |
Steve Chavira Vice President | OfficerTrustee | 1 | $0 |
Kelsey Patterson Secretary | OfficerTrustee | 1 | $0 |
Bob Schiowitz President | OfficerTrustee | 1 | $0 |
Lee Gruber Director | Trustee | 30 | $0 |
Alicia Edwards Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $57,535 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,535 |
| Total Program Service Revenue | $180,702 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $238,237 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,244 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,793 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $698 |
| All other expenses | $0 |
| Total functional expenses | $231,004 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,753 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $26,753 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $26,753 |
| 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 | $26,753 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Southwest New Mexico Arts Culture And Tourism has recieved totaling $8,950.
| Awarding Organization | Amount |
|---|---|
New Mexico Endowment For The Humanities Albuquerque, NM PURPOSE: SUPPORT HUMANITIES | $8,800 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $150 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kimbell Art Foundation Fort Worth, TX | $668,076,057 | $22,208,896 |
Fort Worth Art Association Fort Worth, TX | $70,573,501 | $16,694,058 |
Arvada Center For The Arts And Humanities Arvada, CO | $4,050,578 | $14,173,425 |
Health Education Learning Project H E L P Fort Worth, TX | $21,809,617 | $21,715,181 |
Mijente Support Committee Phoenix, AZ | $11,714,923 | $5,386,402 |
Mizel Center For Arts And Culture Denver, CO | $1,231,289 | $3,287,968 |
Texas Advocacy Project Inc Austin, TX | $1,606,192 | $3,119,683 |
Breckenridge Creative Arts Breckenridge, CO | $2,416,753 | $3,508,124 |
South Texas Institute For The Arts Corpus Christi, TX | $11,651,943 | $2,742,109 |
Seriesfest Denver, CO | $743,501 | $1,745,266 |
Sangre De Cristo Arts & Conference Center Inc Pueblo, CO | $10,967,015 | $4,351,020 |
Society For Neuro-Oncology Houston, TX | $6,909,260 | $3,914,434 |