Friends Of The New Mexico Mining Museum Of Grants Inc
- Assets
- $159.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grants, NM
- Founding
- 10/1990
- Data as of
- 06/2023
- EIN
- 85-0385077
Organization Overview
Friends Of The New Mexico Mining Museum Of Grants Inc is located in Grants, NM. The organization was established in 1990. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Friends Of The New Mexico Mining Museum Of Grants 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 06/2023, Friends Of The New Mexico Mining Museum Of Grants Inc generated $67.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $62.2k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE MINING MUSEUM CONTINUES TO HAVE A HAUNTED MINE THAT IS NOW A FUNDRAISER FOR MUSEUM IMPROVEMENTS. THIS ALLOWS US TO MAINTAIN EXHIBITS AND ADD NEW EXHIBITS. WE ALSO CONTINUE TO PROVIDE CERTIFICATES TO FAMILY MEMBERS OF MINERS WHO HAVE PASSED AWAY. OUR ANNUAL FUNDRAISING BANQUET WAS HELD AND WE HONORED MINERS AND THE MINING COMMUNITY. WE HAVE A STEM SCHOLARSHIP PROGRAM THAT WE RAISED MONEY FOR AT THE ANNUAL BANQUET. WE ALSO ENTERAIN SEVERAL SCHOOL FIELD TRIPS AND ARE WORKING ON SUMMER STEM CARNIVALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cotton Jarrell President | 2 | $0 | |
Jere Cooper Vice Preside | 2 | $0 | |
Joanne Barela Treasurer | 2 | $0 | |
Rana Sanchez Secretary | 2 | $0 | |
Jack Farley Director | 2 | $0 | |
Terry Fletcher Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,925 |
| Total Program Service Revenue | $19,539 |
| Membership dues | $0 |
| Investment income | $278 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,589 |
| Other Revenue | $9,499 |
| Total Revenue | $67,761 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,482 |
| Occupancy, rent, utilities, and maintenance | $3,830 |
| Printing, publications, postage, and shipping | $1,237 |
| Other expenses | $49,615 |
| Total expenses | $62,164 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $158,268 |
| Other assets | $0 |
| Total assets | $159,576 |
| Total liabilities | $211 |
| Net assets or fund balances | $159,365 |