Overview
What is Museum Of New Mexico Foundation?
The Museum of New Mexico Foundation is a nonprofit organization, stationed in Santa Fe, New Mexico, with a primary focus on supporting the Museum of New Mexico system. This system encompasses various museums and historic sites, such as the Museum of Indian Arts and Culture/Laboratory of Anthropology, the Museum of International Folk Art, the New Mexico History Museum and Palace of the Governors, the New Mexico Museum of Art, and numerous historic sites and the Office of Archaeological Studies. The foundation's principal activities include fund development for exhibitions and education programs, retail and licensing, financial management, advocacy, and special initiatives, to ensure the continued success of these institutions. With a team of 52 dedicated individuals, the Museum of New Mexico Foundation plays a vital role in preserving and promoting New Mexico's rich cultural heritage.
Official website here: www.museumfoundation.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 100% (Four-Star out of Four Star Rating)**
The Museum of New Mexico Foundation boasts a stellar Four-Star rating from Charity Navigator, primarily reflecting its outstanding Accountability & Finance score. This high rating indicates a strong commitment to transparency and effective financial practices. Notably, the organization has maintained an independent board and showcases robust financial oversight, ensuring that the majority of its funds are directed towards its programs.
Key strengths highlighted include excellent management of resources, with 95.35% of expenses going directly to programs and remarkably low fundraising costs. Additionally, the foundation has a solid financial position, as demonstrated by its favorable ratios concerning liabilities and working capital. However, potential donors should be aware that areas such as Impact & Measurement, Culture & Community, and Leadership & Adaptability are not currently scored, which limits a comprehensive understanding of the organization's broader impacts.
User review data from GreatNonprofits is currently unavailable, which leaves a gap in capturing the sentiments of individual experiences with the foundation. This absence means prospective supporters may want to rely on available reports and evaluations to gauge the operational effectiveness of the organization further.
This AI summary has been generated from information found on Charity Navigator.
Is Museum Of New Mexico Foundation legitimate?
Museum Of New Mexico Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Museum Of New Mexico Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $247,256
Professional Fundraising Fees: $0
Other Salaries and Wages: $886,164
For more financial information, click here
Official website here: www.museumfoundation.org
What is the mission statement of Museum Of New Mexico Foundation?
The Museum of New Mexico Foundation supports the Museum of New Mexico system, collaborating with the Museum of New Mexico Board of Regents and the New Mexico Department of Cultural Affairs. Its primary activities include fund development for exhibitions and education programs, retail and licensing, financial management, and advocacy and special initiatives. The foundation aids various institutions under the New Mexico Department of Cultural Affairs, such as the Museum of Indian Arts and Culture, Laboratory of Anthropology, Museum of International Folk Art, New Mexico History Museum and Palace of the Governors, New Mexico Museum of Art, New Mexico Historic Sites, and the Office of Archaeological Studies. The foundation's mission is to contribute to the preservation and promotion of New Mexico's rich cultural heritage through these activities.
Official website here: www.museumfoundation.org
Who is the CEO of Museum Of New Mexico Foundation?
Frieda Simons is the Principal Officer of Museum Of New Mexico Foundation.
Official website here: www.museumfoundation.org
What is the revenue of Museum Of New Mexico Foundation?
Museum Of New Mexico Foundation's revenue in 2022 was $11,166,561.
Official website here: www.museumfoundation.org
Who are the executives of Museum Of New Mexico Foundation and what are their salaries?
The average compensation at Museum Of New Mexico Foundation during 2022 was $21,797. There are 52 employees and 103 volunteers at Museum Of New Mexico Foundation.
Here are 50 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $198,813
- Related: $0
- Other: $29,324
Official website here: www.museumfoundation.org
Where can I find the form 990 for Museum Of New Mexico Foundation?
Museum Of New Mexico Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.museumfoundation.org
Learn more at the official website: www.museumfoundation.org
Mission Statement of Museum Of New Mexico Foundation
The Museum of New Mexico Foundation plays a significant role in supporting the Museum of New Mexico system, collaborating with the Museum of New Mexico Board of Regents and the New Mexico Department of Cultural Affairs. The foundation's primary activities encompass fund development for exhibitions and education programs, retail and licensing, financial management, advocacy, and special initiatives. These efforts are designed to bolster the institutions under the New Mexico Department of Cultural Affairs, including the Museum of Indian Arts and Culture, Laboratory of Anthropology, Museum of International Folk Art, New Mexico History Museum and Palace of the Governors, New Mexico Museum of Art, New Mexico Historic Sites, and the Office of Archaeological Studies. The foundation's work is instrumental in enhancing and preserving the cultural heritage of New Mexico.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Museum of New Mexico Foundation's impact is significant in supporting the Museum of New Mexico system, including various museums, historic sites, and archaeological studies. The Foundation focuses on fund development for exhibitions and education programs, financial management, advocacy, and special initiatives to benefit these cultural institutions. By providing crucial support and resources, the Foundation plays a key role in preserving and promoting the arts, history, and culture of New Mexico for the public to enjoy and learn from.
This information is meant to be a general summary of Museum Of New Mexico Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,083,090
- Gross Receipts: $16,949,373
Assets and Liabilities:
- Total Assets: $48,109,857
- Total Liabilities: $497,090
- Net Assets: $47,612,767
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1962
Phone
(505) 982-6366Principal Officer
Frieda Simons
Main Address
PO BOX 2065, SANTA FE, NM, 87504
Website
www.museumfoundation.orgNTEE Category
Code: A115 - Arts
If you are a representative of Museum Of New Mexico Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.