New Mexico Endowment For The Humanities
- Assets
- $983.5k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 6
- Location
- Albuquerque, NM
- Founding
- 05/1977
- Data as of
- 10/2023
- EIN
- 85-0225681
Organization Overview
New Mexico Endowment For The Humanities is located in Albuquerque, NM. The organization was established in 1977. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 10/2023, New Mexico Endowment For The Humanities employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Mexico Endowment For The Humanities 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 10/2023, New Mexico Endowment For The Humanities generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $1.1m during the year ending 10/2023. While expenses have increased by 3.5% per year over the past 8 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 2015, New Mexico Endowment For The Humanities has awarded 188 individual grants totaling $1,827,643. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE NEW MEXICO HUMANITIES COUNCIL (NMHC) SUPPORTS AND CONDUCTS INNOVATIVE AND IMAGINATIVE PROGRAMS THROUGHOUT THE STATE THAT LEAD TO A GREATER UNDERSTANDING OF, AND MOTIVATE INTEREST IN, THE RICHNESS OF OUR HUMAN EXPERIENCE AND HERITAGE. WE INSPIRE IN BOTH RESIDENTS AND VISITORS AN APPRECIATION FOR THE RICH DIVERSITY OF LAND, PEOPLE, AND IDEAS, PROVIDING THE FOUNDATION ON WHICH TO BUILD A BETTER FUTURE FOR US ALL. WE SEEK OUT AND FUND QUALITY HUMANITIES PROGRAMS FOR PRESENTATION TO PUBLIC AUDIENCES THROUGHOUT THE STATE. THROUGH OUR GRANTS PROGRAM, WE SUPPORT WORTHY PROJECTS AND ORGANIZATIONS WHICH DEAL WITH TOPICS RANGING FROM LOCAL HISTORY AND CULTURE TO INTERNATIONAL AFFAIRS. THESE PROGRAMS ENRICH THE CULTURAL LIVES OF THE STATE'S CITIZENS. OUR HUMANITIES RESOURCE CENTER (HRC) CONDUCTS OUR SPEAKERS BUREAU AND GRANT PROGRAMS. OTHER PROGRAMS INCLUDE AN ANNUAL NEW MEXICO HISTORY TEACHERS INSTITUTE AND NATIONAL HISTORY DAY. FINALLY, NMHC ENGAGES IN STAND-ALONE INITIATIVES THAT BRING CURR
Describe the Organization's Program Activity:
Part 3 - Line 4a
BRINGING HUMANITIES TO PUBLIC AUDIENCES THROUGHOUT NEW MEXICO - THIS INCLUDES SPEAKERS BUREAU PROGRAMS, HISTORY DAY, INITIATIVES AND GRANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandon Johnson Executive Di | Officer | 40 | $94,334 |
Arif Khan Chair | OfficerTrustee | 1.5 | $0 |
Miriam Langer Vice-Chair | OfficerTrustee | 1.5 | $0 |
Maresa Thompson Secretary | OfficerTrustee | 1.5 | $0 |
Elva Osterreich Treasurer | OfficerTrustee | 1.5 | $0 |
Dr Glenn Fetzer Director | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,075,080 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,861 |
| Noncash contributions included in lines 1a–1f | $7,296 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,092,941 |
| Total Program Service Revenue | $14,759 |
| Investment income | $10,605 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,569 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,116,736 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $80,226 |
| 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. | $101,129 |
| Compensation of current officers, directors, key employees. | $45,026 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $331,765 |
| Pension plan accruals and contributions | $9,602 |
| Other employee benefits | $0 |
| Payroll taxes | $40,070 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,569 |
| Fees for services: Other | $242,698 |
| Advertising and promotion | $12,868 |
| Office expenses | $20,145 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,720 |
| Travel | $25,926 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,319 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,791 |
| Insurance | $9,701 |
| All other expenses | $10,441 |
| Total functional expenses | $1,102,736 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,258 |
| Savings and temporary cash investments | $11,452 |
| Pledges and grants receivable | $696 |
| Accounts receivable, net | $1,940 |
| 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 | $1,459 |
| Net Land, buildings, and equipment | $481,118 |
| Investments—publicly traded securities | $442,578 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $983,501 |
| Accounts payable and accrued expenses | $29,095 |
| Grants payable | $88,447 |
| Deferred revenue | $12,102 |
| 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 | $60,581 |
| Total liabilities | $190,225 |
| Net assets without donor restrictions | $793,276 |
| 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 | $983,501 |
Grants Awarded
Over the last fiscal year, New Mexico Endowment For The Humanities has awarded $60,994 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ARCHEOLOGICAL CONSERVANCY PURPOSE: SUPPORT HUMANITIES | $5,188 |
BASEMENT FILMS INC PURPOSE: SUPPORT HUMANITIES | $7,225 |
GALLUPARTS INC PURPOSE: SUPPORT HUMANITIES | $5,650 |
ROUTE 66 THE ROAD AHEAD INITIATIVE | | | $7,236 |
SOCIETY OF THE MUSE OF THE SW (SOMO PURPOSE: SUPPORT HUMANITIES | $7,500 |
TEATRO NUEVO MEXICO DBA AFROMUNDO PURPOSE: SUPPORT HUMANITIES | $18,316 |