New Mexico Museum Of Natural History Foundation
- Assets
- $2.4m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 15
- Location
- Albuquerque, NM
- Founding
- 03/1978
- Data as of
- 06/2022
- EIN
- 85-0257595
Organization Overview
New Mexico Museum Of Natural History Foundation is located in Albuquerque, NM. The organization was established in 1978. According to its NTEE Classification (A56) the organization is classified as: Natural History & Natural Science Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, New Mexico Museum Of Natural History Foundation employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Mexico Museum Of Natural History 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 06/2022, New Mexico Museum Of Natural History Foundation generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (7.5%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE NEW MEXICO MUSEUM OF NATURAL HISTORY FOUNDATION IS DEDICATED TO ADVANCING THE EDUCATIONAL, SCIENTIFIC AND CULTURAL PROGRAMS OF THE NEW MEXICO MUSUEM OF NATURAL HISTORY AND SCIENCE BY RAISING FUNDS AND GENERATING COMMUNITY SUPPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION OPERATES THE DYNATHEATER WHICH PROVIDES MUSEUM PATRONS WITH ACCESS TO QUALITY EDUCATIONAL FILMS RELATED TO NATURAL HISTORY AND SCIENCE.
THE FOUNDATION MANAGES THE FEDERAL AND NON-FEDERAL GRANTS, STATE GRANTS, PRIVATE AND PUBLIC GRANTS, CONTRIBUTIONS AND PROGRAM FEES FOR THE MUSEUM.
THE FOUNDATION OPERATES THE NATUREWORKS STORE WHICH SELLS NATURAL HISTORY RELATED ITEMS AND EDUCATIONAL MATERIALS INCLUDING BOOKS, VIDEOS, POSTERS, PUZZLES, GAMES AND SCIENCE KITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abigail Eaton Executive Di | Officer | 40 | $94,677 |
Shannon Roberts CFO | Officer | 40 | $85,718 |
Nimish Bhatt Treasurer | OfficerTrustee | 3 | $0 |
Larissa Byrd Assistant Tr | OfficerTrustee | 3 | $0 |
Antonio Lopez Vice Chair | OfficerTrustee | 1 | $0 |
Pamela Rice Secretary | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $189,537 |
| Fundraising events | $161,800 |
| Related organizations | $0 |
| Government grants | $252,095 |
| All other contributions, gifts, grants, and similar amounts not included above | $222,019 |
| Noncash contributions included in lines 1a–1f | $2,893 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $825,451 |
| Total Program Service Revenue | $182,310 |
| Investment income | $12,491 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $15,063 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $393,750 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,457,992 |
| 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. | $195,268 |
| Compensation of current officers, directors, key employees. | $39,533 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $285,148 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,283 |
| Payroll taxes | $38,907 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,990 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $157,625 |
| Advertising and promotion | $42,735 |
| Office expenses | $281,740 |
| Information technology | $36,250 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $51,240 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,973 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,298 |
| Insurance | $38,196 |
| All other expenses | $158 |
| Total functional expenses | $1,222,173 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $357,277 |
| Savings and temporary cash investments | $543,556 |
| Pledges and grants receivable | $54,585 |
| Accounts receivable, net | $39,795 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $49,448 |
| Prepaid expenses and deferred charges | $3,232 |
| Net Land, buildings, and equipment | $685,048 |
| Investments—publicly traded securities | $418,682 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $242,594 |
| Total assets | $2,394,217 |
| Accounts payable and accrued expenses | $144,599 |
| Grants payable | $0 |
| Deferred revenue | $160,246 |
| 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 | $150,000 |
| Total liabilities | $454,845 |
| Net assets without donor restrictions | $594,099 |
| Net assets with donor restrictions | $1,345,273 |
| 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 | $2,394,217 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that New Mexico Museum Of Natural History Foundation has recieved totaling $40,188.
| Awarding Organization | Amount |
|---|---|
Albuquerque Community Foundation Albuquerque, NM PURPOSE: BETTY AND LUKE VORTMAN ENDOWMENT FUND | $35,039 |
J F Maddox Foundation Hobbs, NM PURPOSE: VIRTUAL FIELD TRIPS | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $149 |
Endowment Analysis
| Beg. Balance | $449,793 |
| Earnings | -$63,974 |
| Net Contributions | $29,117 |
| Other Expense | $15,130 |
| Ending Balance | $399,806 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arizona Sonora Desert Museum Tucson, AZ | $40,175,504 | $19,725,526 |
Heard Natural Science Museum And Wildlife Sanctuary Inc Mckinney, TX | $5,672,839 | $1,651,000 |
New Mexico Museum Of Natural History Foundation Albuquerque, NM | $2,394,217 | $1,457,992 |
Medicine Park Museum Of Natural Science Inc Medicine Park, OK | $1,642,228 | $754,070 |
San Juan County Museum Association Farmington, NM | $1,508,472 | $338,732 |
Dinosaur Ahtorium St George, UT | $919,202 | $519,090 |
Mesa Verde Museum Association Mancos, CO | $1,113,953 | $805,965 |
Brazos Valley Museum Of Natural History Bryan, TX | $600,098 | $456,496 |
Intermountain Natural History Association Inc Jensen, UT | $969,132 | $586,803 |
Asombro Institute For Science Education Las Cruces, NM | $536,096 | $424,554 |
Mesa Verde Foundation Arvada, CO | $902,550 | $257,654 |
Lubbock Sportsmans Club Inc Lubbock, TX | $162,859 | $294,410 |