New Mexico Multi-Cultural Foundation Inc
- Assets
- $167.3k
- Revenue
- $122.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 07/2001
- Data as of
- 12/2021
- EIN
- 85-0476529
Organization Overview
New Mexico Multi-Cultural Foundation Inc is located in Albuquerque, NM. The organization was established in 2001. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, 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. New Mexico Multi-Cultural Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PURPOSE IS TO PROMOTE THE MULTIPLE CULTURES WITHIN THE STATE OF NEW MEXICO AND TO EDUCATE THE PUBLIC ABOUT THESE CULTURES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE MULITPLE CULTURES WITHIN THE STATE OF NEW MEXICO AND TO EDUCATE THE PUBLIC ABOUT THESE CULTURES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James M Long President/treasurer | OfficerTrustee | 2 | $0 |
Rebecca Long Secretary | OfficerTrustee | 2 | $0 |
Adrian Perez Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $72,600 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,600 |
| Total Program Service Revenue | $0 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $49,837 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $122,438 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $22,500 |
| 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 | $46,150 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $539 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $6,233 |
| Insurance | $1,231 |
| All other expenses | $0 |
| Total functional expenses | $77,293 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $132,358 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,000 |
| 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 | $0 |
| Net Land, buildings, and equipment | $24,931 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $167,289 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $167,289 |
| 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 | $167,289 |
Grants Awarded
Over the last fiscal year, New Mexico Multi-Cultural Foundation Inc has awarded $111,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Santa Fe, NM PURPOSE: SUPPORT OF NM ARTS | $25,000 |
Santa Fe, NM PURPOSE: SUPPORT OF NM ARTS | $25,000 |
Santa Fe, NM PURPOSE: SUPPORT OF NM ARTS | $25,000 |
EMI ARTE FLAMENCO LLC PURPOSE: SUPPORT OF FLAMENCO | $12,000 |
EMI ARTE FLAMENCO LLC PURPOSE: SUPPORT OF FLAMENCO | $12,000 |
EMI ARTE FLAMENCO LLC PURPOSE: SUPPORT OF FLAMENCO | $12,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that New Mexico Multi-Cultural Foundation Inc has recieved totaling $12,000.
| Awarding Organization | Amount |
|---|---|
Marin Community Foundation Novato, CA PURPOSE: PROVIDE GENERAL OPERATING SUPPORT | $6,000 |
Marin Community Foundation Novato, CA PURPOSE: PROVIDE GENERAL OPERATING SUPPORT | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oktoberfest Inc Tulsa, OK | $2,688,468 | $7,024,472 |
Colorado Education Initiative Denver, CO | $5,028,811 | $3,690,284 |
Asia Society Texas Center Houton, TX | $65,582,414 | $8,284,485 |
Archaeology Southwest Tucson, AZ | $12,685,440 | $3,597,421 |
Mexican American Catholic College San Antonio, TX | $4,811,133 | $2,305,769 |
National Little Britches Rodeo Colorado Springs, CO | $2,643,862 | $2,636,797 |
Latino Community Foundation Of Colorado Inc Denver, CO | $7,867,698 | $2,394,861 |
Hua Xia Chinese School Inc Houston, TX | $8,045,926 | $2,930,667 |
Flower Hill Institute Jemez Pueblo, NM | $823,224 | $2,237,551 |
Project Row Houses Houston, TX | $10,675,760 | $9,147,034 |
Southwestern Association For Indian Arts Inc Santa Fe, NM | $785,210 | $1,802,877 |
American Indians In Texas-At The Spanish Colonial Missions San Antonio, TX | $773,788 | $1,628,585 |