New Mexico Broadcasters Association Foundation Inc

Organization Overview

New Mexico Broadcasters Association Foundation Inc is located in Albuquerque, NM. The organization was established in 2001. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Mexico Broadcasters Association 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.

For the year ending 12/2022, New Mexico Broadcasters Association Foundation Inc generated $40.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $43.6k during the year ending 12/2022. While expenses have increased by 5.6% 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 2018, New Mexico Broadcasters Association Foundation Inc has awarded 107 individual grants totaling $110,400. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

NM BROADCASTERS ASSOCIATION FOUNDATION PROVIDES ANNUAL SCHOLARSHIPS TO ENSURE THAT ANY NEW MEXICO STUDENT INTERESTED IN THE BROADCAST INDUSTRY CAN SUCCEED. WE PROVIDE PAID INTERNSHIPS TO COLLEGE STUDENTS AT UNM IN BROADCAST FACILITIES. IN 2022 NMBF GAVE GRANTS AND SCHOLARSHIPS 8 ORGANIZATIONS AND 24 INDIVIDUALS.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $40,600
Interest on Savings $0
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $40,600

Grants Awarded

Over the last fiscal year, New Mexico Broadcasters Association Foundation Inc has awarded $48,600 in support to 31 organizations.

Grant RecipientAmount

SHERIS HOUSE OF HOPE

PURPOSE: GENERAL SUPPORT

$2,000

GILA COMMUNITY AND TOURISM

PURPOSE: GENERAL SUPPORT

$2,000

UNM FOUNDATION INC

PURPOSE: EDUCATIONAL SCHOLARSHIP

$2,100

ROADRUNNER FOOD BANK

PURPOSE: GENERAL SUPPORT

$2,000

LAS CRUCES PUBLIC SCHOOL FOUNDATION

PURPOSE: GENERAL SUPPORT

$2,000

ASSISTANCE LEAGUE OF ALBUQUERQUE

PURPOSE: COMMUNITY SCHOLARSHIPS

$8,400
View Grant Profile

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New Mexico Student Loan Guarantee Corporation
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