Taos Historic Museums Inc is located in Taos, NM. The organization was established in 1959. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Taos Historic Museums Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Taos Historic Museums Inc 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, Taos Historic Museums Inc generated $165.3k 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 (7.7%) each year. All expenses for the organization totaled $147.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION, MAINTENANCE OF AND EXHIBITION AT TWO HISTORIC SITES: BLUMENSCHEIN HOME & MUSEUM AND HACIENDA DE LOS MARTINEZ
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION, MAINTENANCE OF AND EXHIBITION AT TWO HISTORIC SITES: BLUMENSCHEIN HOME AND MUSEUM AND HACIENDA DE LOS MARTINEZ.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Daniel Barela President/executive Direct | OfficerTrustee | 2.5 | $0 |
Rob Nightingale Vice President | OfficerTrustee | 2.5 | $0 |
Molly Martinez Board Member | Trustee | 2.5 | $0 |
David Fernandez Board Member | Trustee | 2.5 | $0 |
Kathy Mondragon Board Member | Trustee | 2.5 | $0 |
Sadie Boyer Board Member | Trustee | 2.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $8,385 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $65,562 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $73,947 |
Total Program Service Revenue | $68,044 |
Investment income | $38 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $13,964 |
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 | $9,292 |
Miscellaneous Revenue | $0 |
Total Revenue | $165,285 |
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 | $53,021 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $4,628 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $10,475 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,573 |
Office expenses | $2,482 |
Information technology | $8,077 |
Royalties | $0 |
Occupancy | $22,524 |
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 | $20,008 |
Insurance | $17,451 |
All other expenses | $0 |
Total functional expenses | $147,949 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $80,203 |
Savings and temporary cash investments | $79,226 |
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 | $7,585 |
Prepaid expenses and deferred charges | $2,460 |
Net Land, buildings, and equipment | $323,107 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $492,581 |
Accounts payable and accrued expenses | $714 |
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 | $2,382 |
Total liabilities | $3,096 |
Net assets without donor restrictions | $160,967 |
Net assets with donor restrictions | $328,518 |
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 | $492,581 |
Over the last fiscal year, we have identified 1 grants that Taos Historic Museums Inc has recieved totaling $39,003.
Awarding Organization | Amount |
---|---|
Montaner Charitable Tr Uw Cb Funk Dtd 6-14-16 Taos, NM PURPOSE: ESSENTIAL OPERATIONS | $39,003 |
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