Helene Wurlitzer Foundation Of New Mexico
- Assets
- $685.2k
- Revenue
- $242.2k
- Investments
- $424.3k
- Employees
- 0
- Location
- Taos, NM
- Founding
- 10/1958
- Data as of
- 03/2023
- EIN
- 85-0128634
Organization Overview
Helene Wurlitzer Foundation Of New Mexico is located in Taos, NM. The organization was established in 1958. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Helene Wurlitzer Foundation Of New Mexico 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 03/2023, Helene Wurlitzer Foundation Of New Mexico generated $242.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $233.8k during the year ending 03/2023. While expenses have increased by 0.8% per year over the past 6 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.
Since 2016, Helene Wurlitzer Foundation Of New Mexico has awarded 42 individual grants totaling $193,874. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION MAINTAINS 11 RESIDENCY UNITS FOR WHICH 33 ARTISTS RECEIVED GRANTS DURING THE YEAR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peggy Nelson President | 2 | $0 | |
William Ebie Trustee | 1 | $0 | |
Harald Hahn Secretary | 1 | $0 | |
Michael Knight Treasurer | 2 | $0 | |
Joseph Caldwell Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $48,439 |
| Interest on Savings | $0 |
| Dividends & Interest | $20,343 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $151,794 |
| Capital Gain Net Income | $21,314 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $21,650 |
| Total Revenue | $242,226 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $57,554 |
| Other employee salaries and wages | $46,792 |
| Pension plans, employee benefits | $7,743 |
| Interest | $0 |
| Taxes | $8,764 |
| Depreciation | $8,511 |
| Occupancy | $45,803 |
| Travel, conferences, and meetings | $3,262 |
| Printing and publications | $0 |
| Other expenses | $36,087 |
| Total operating and administrative expenses | $227,846 |
| Contributions, gifts, grants paid | $6,000 |
| Total expenses and disbursements | $233,846 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,552 |
| Savings and temporary cash investments | $6,923 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $91,965 |
| Other assets | $144,443 |
| Total assets | $685,150 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $31,567 |
| Total liabilities | $31,567 |
Grants Awarded
Over the last fiscal year, Helene Wurlitzer Foundation Of New Mexico has awarded $6,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
HANNAH RIVERA PURPOSE: ARTIST SCHOLARSHIP | $1,000 |
ROBERT TRUJILLO PURPOSE: ARTIST SCHOLARSHIP | $1,000 |
MICHELLE MONTEX PURPOSE: ARTIST SCHOLARSHIP | $1,000 |
ANAKAELA TRUJILLO PURPOSE: ARTIST SCHOLARSHIP | $1,000 |
MILAN FOLEY PURPOSE: ARTIST SCHOLARSHIP | $1,000 |
RYAN COX PURPOSE: ARTIST SCHOLARSHIP | $1,000 |