Nonprofit · EIN 84-0981259
MOUNTAIN AND VALLEY WOOL ASSOCIATION INC
Tax-exempt · TAOS, NM 87571
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $41,426 | $51,406 | -$9,980 | $22,108 | – | $22,108 |
| December 31, 2023 | 990-EZ | $45,988 | $45,508 | $480 | $28,124 | – | $28,124 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $10,603
- Membership dues
- $22,450
- Investment income
- $77
- Net income from sales of inventory
- $7,295
- Other revenue
- $1,001
Expenses
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $51,406
- Program services (functional)
- $31,628
Balance sheet and other
- Total assets, start of year
- $28,124
- Total assets, end of year
- $22,108
- Total liabilities, end of year
- –
- Net assets, end of year
- $22,108
- Cash, savings and investments
- $21,098
- Gross receipts
- $42,334
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIMBERLY PERKINS | Treasurer | 5 | $0 |
| JEFF DONEY | Chairman | 5 | $0 |
| LISE POULSEN | Secretary | 5 | $0 |
| DEB TEWELL | Director | 5 | $0 |
| BRIAN PERKINS | VICE CHAIR | 5 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIMBERLY PERKINS | Treasurer | 5 | $0 |
| JEFF DONEY | Chairman | 5 | $0 |
| LISE POULSEN | Secretary | 5 | $0 |
| DEB TEWELL | Director | 5 | $0 |
| BRIAN PERKINS | VICE CHAIR | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2754, TAOS, NM 87571-2754
- In care of
- % RUTH BALDWIN
- Mailing address (990-N for 2025)
- PO Box 2754, Taos NM 87571
- Principal officer (990-N for 2025)
- Melissa Barton, PO Box 2754, Taos NM 87571
- Signed the 990-EZ
- MELISSA BARTON, Treasurer
- Phone
- (509) 637-6956
- Return prepared by
- Wall Smith Bateman Inc
Mission
TO ENABLE INDIVIDUALS AND GROUPS IN NEW MEXICO, COLORADO, AND TEXAS, WHO ARE INVOLVED IN GROWING WOOL AND CREATING WOOL PRODUCTS TO DEVELOP PROGRAMS TO MEET THEIR TECHNILOGICAL, PRODUCTION, MAKETING, FINANCE, BUSINESS, AND OTHER RELATED NEEDS.
Program accomplishments
- The Wool Festival is an annual event produced by the Mountain and Valley Wool Association, which takes place the first weekend in October. The event takes place in Santa Fe, New Mexico with approximately 60 fiber vendors and approximately 5 food vendor booths. Workshops are held during the 2 to 3 days prior to the wool festival weekend, in locations in the Town of Santa Fe. Wool Festival events include sheep shearing demonstrations, a fiber animal exhibit, fiber art demonstrations, hands-on projects for children, live music, competitions (described in more detail below) and a silent auction.Competitions include the Wool/Fleece Competition and Show, the Yarn Competition and Show and the Garment and Home Accessories Contest. Wool growers, Hand Spinners and Fiber Artisans are invited to submit their products and work for judging and exhibit. There are typycally over 100 participants in these competitions each year.Workshops feature regional and nationally known fiber artists and instructors. Participants and instructors for these workshops come from across the US. Many of the workshops take place over multiple days. There are typically 100 to 150 workshop attendees each year.The Taos Wool Festival has an annual attendance of approximately 4000-5000.Expenses $31,628
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 84-0981259
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Food, agriculture and nutrition (K20)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: Melissa Barton | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2024 | $41,426 | $51,406 | $22,108 | XML |
| 990-EZ | December 2023 | $45,988 | $45,508 | $28,124 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-0981259).
Questions about MOUNTAIN AND VALLEY WOOL ASSOCIATION INC
- What is the EIN of MOUNTAIN AND VALLEY WOOL ASSOCIATION INC?
- The employer identification number (EIN) of MOUNTAIN AND VALLEY WOOL ASSOCIATION INC is 84-0981259.
- Is MOUNTAIN AND VALLEY WOOL ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to MOUNTAIN AND VALLEY WOOL ASSOCIATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MOUNTAIN AND VALLEY WOOL ASSOCIATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of MOUNTAIN AND VALLEY WOOL ASSOCIATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MOUNTAIN AND VALLEY WOOL ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of MOUNTAIN AND VALLEY WOOL ASSOCIATION INC?
- The 990-N for 2025 names Melissa Barton.
- Who are the officers and directors of MOUNTAIN AND VALLEY WOOL ASSOCIATION INC?
- The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does MOUNTAIN AND VALLEY WOOL ASSOCIATION INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $41,426, expenses of $51,406 and total assets of $22,108 at year end.
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All nonprofits in TAOS · New Mexico · Food, agriculture and nutrition