Nonprofit · EIN 85-0202503
MUSEUM OF NEW MEXICO FOUNDATION
Tax-exempt · SANTA FE, NM 87504
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $16,217,538 | $7,683,390 | $8,534,148 | $54,865,695 | $596,715 | $54,268,980 |
| June 30, 2024 | 990 | $8,972,269 | $8,590,699 | $381,570 | $50,526,651 | $496,638 | $50,030,013 |
| June 30, 2023 | 990 | $9,445,971 | $11,943,476 | -$2,497,505 | $47,576,192 | $498,895 | $47,077,297 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $6,764,083
- of which government grants
- $59,502
- Membership dues
- $1,559,444
- Program service revenue
- $153,880
- Investment income
- $8,955,914
- Royalties
- $92,190
- Net gain from sales of assets
- $7,533,659
- Net income from fundraising events
- -$31,234
- Net income from sales of inventory
- $282,705
- Other revenue
- $343,661
Expenses
- Grants and similar amounts paid
- $3,911,637
- Compensation of officers, directors and key employees
- $420,566
- Other salaries and wages
- $1,153,185
- Salaries, compensation and benefits (total)
- $1,887,838
- Professional fundraising fees
- $0
- Legal fees
- $18,525
- Accounting fees
- $68,275
- Travel
- $9,082
- Depreciation
- $83,958
- Program services (functional)
- $6,947,533
- Management and general (functional)
- $632,154
- Fundraising (functional)
- $103,703
Balance sheet and other
- Total assets, start of year
- $50,526,651
- Total assets, end of year
- $54,865,695
- Total liabilities, end of year
- $596,715
- Net assets, end of year
- $54,268,980
- Land, buildings and equipment
- $2,195,596
- Publicly traded securities
- $27,059,375
- Net assets without donor restrictions
- $29,730,808
- Net assets with donor restrictions
- $24,538,172
- Gross receipts
- $54,520,325
- Employees
- 54
- Volunteers
- 120
- Year formed
- 1962
- State of legal domicile
- NM
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 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMIE CLEMENTS | PRESIDENT/CEO Officer | 40 | $237,235 | $42,594 |
| GEORGINE CHAVEZ VP OF | FINANCE & OPERATIONS Officer | 40 | $108,964 | $26,132 |
| MARIANN MINANA-LOVATO VP OF | MEMBERSHIP & COMMUNICATION Highest-paid employee | 40 | $100,944 | $6,866 |
| MICHAEL KNIGHT | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| NANCY BAKER | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DAN MONROE | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| EDELMA HUNTLEY | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| JOHN MACUKAS | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| ALLAN AFFELDT | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CATHY ALLEN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DAVID ARMENT | TRUSTEE Trustee or director | 2 | $0 | $0 |
| NIMISH BHATT | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CAROLINE BURNETT | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ELAIN COLE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOE COLVIN | TRUSTEE Trustee or director | 2 | $0 | $0 |
33 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DIANE DOMENICI | TRUSTEE Trustee or director | 2 | $0 |
| GREG DOVE | TRUSTEE Trustee or director | 2 | $0 |
| JOHN DUNCAN | TRUSTEE Trustee or director | 2 | $0 |
| KIRK ELLIS | TRUSTEE Trustee or director | 2 | $0 |
| DEBORAH FRITZ | TRUSTEE Trustee or director | 2 | $0 |
| ROBERT GLICK | TRUSTEE (THROUGH DECEMBER 2024) Trustee or director | 2 | $0 |
| CARMEN GONZALES | TRUSTEE Trustee or director | 2 | $0 |
| J SCOTT HALL | TRUSTEE Trustee or director | 2 | $0 |
| PAT HALL | TRUSTEE Trustee or director | 2 | $0 |
| MARILYN HARRIS | TRUSTEE Trustee or director | 2 | $0 |
| SUSIE HERMAN | TRUSTEE Trustee or director | 2 | $0 |
| RUTH HOGAN | TRUSTEE Trustee or director | 2 | $0 |
| PEGGY HUBBARD | TRUSTEE Trustee or director | 2 | $0 |
| ROBERT JONES | TRUSTEE Trustee or director | 2 | $0 |
| BRUCE LARSEN | TRUSTEE Trustee or director | 2 | $0 |
| CHRISTINE MCDERMOTT | TRUSTEE Trustee or director | 2 | $0 |
| DEE ANN MCINTYRE | TRUSTEE Trustee or director | 2 | $0 |
| KATE MOSS | TRUSTEE Trustee or director | 2 | $0 |
| PATTY NEWMAN | TRUSTEE Trustee or director | 2 | $0 |
| MICHAEL OGG MD | TRUSTEE Trustee or director | 2 | $0 |
| DENNIS A O'TOOLE PHD | TRUSTEE Trustee or director | 2 | $0 |
| SARA OTTO | TRUSTEE Trustee or director | 2 | $0 |
| SABRINA PRATT | TRUSTEE Trustee or director | 2 | $0 |
| MICHAEL REID | TRUSTEE Trustee or director | 2 | $0 |
| NATALIE RIVERA | TRUSTEE Trustee or director | 2 | $0 |
| WILSON SCANLAN | TRUSTEE Trustee or director | 2 | $0 |
| FRIEDA SIMONS | TRUSTEE Trustee or director | 2 | $0 |
| COURTNEY FINCH TAYLOR | TRUSTEE Trustee or director | 2 | $0 |
| MARGO THOMA | TRUSTEE Trustee or director | 2 | $0 |
| ELMER TORRES | TRUSTEE Trustee or director | 2 | $0 |
| LAURA WIDMAR | TRUSTEE Trustee or director | 2 | $0 |
| MADELEINE WRIGHT | TRUSTEE Trustee or director | 2 | $0 |
| SANDY ZANE | TRUSTEE Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 52 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMIE CLEMENTS | PRESIDENT/CEO Officer | 40 | $217,005 | $39,024 |
| GEORGINE CHAVEZ | VICE PRESIDENT OF FINANCE & OPERATIONS Officer | 40 | $93,508 | $16,736 |
| FRIEDA SIMONS | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| CATHY ALLEN | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MICHAEL KNIGHT | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| KATE MOSS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| LORIN ABBEY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ALLAN AFFELDT | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN ANDREWS | TRUSTEE (THROUGH DECEMBER 2023) Trustee or director | 2 | $0 | $0 |
| DAVID ARMENT | TRUSTEE Trustee or director | 2 | $0 | $0 |
| NANCY BAKER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JULIA CATRON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOE COLVIN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ROSALIND DOHERTY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DIANE DOMENICI | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GREG DOVE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN DUNCAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GWENN DJUPEDAL | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ERIC GARDUNO | TRUSTEE (THROUGH OCTOBER 2023) Trustee or director | 2 | $0 | $0 |
| ROBERT GLICK | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CARMEN GONZALES | TRUSTEE Trustee or director | 2 | $0 | $0 |
| PAT HALL | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MARILYN HARRIS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DAVID HAWKANSON | TRUSTEE (THROUGH DECEMBER 2023) Trustee or director | 2 | $0 | $0 |
| SUSIE HERMAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RUTH HOGAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| PEGGY HUBBARD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| EDELMA HUNTLEY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| BRUCE LARSON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN MACUKAS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CHRISTINE MCDERMOTT | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DAN MONROE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ROGER MONTOYA | TRUSTEE (THROUGH DECEMBER 2023) Trustee or director | 2 | $0 | $0 |
| PATTY NEWMAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MICHAEL OGG MD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DENNIS A O'TOOLE PHD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SARA OTTO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SABRINA PRATT | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ROBERT REIDY MD | TRUSTEE (THROUGH JANUARY 2024) Trustee or director | 2 | $0 | $0 |
| NATALIE RIVERA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN ROCHESTER | TRUSTEE (THROUGH JUNE 2024) Trustee or director | 2 | $0 | $0 |
| CHRIS RYON | TRUSTEE (THROUGH MAY 2024) Trustee or director | 2 | $0 | $0 |
| WILSON SCANLAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| HARRIET SCHREINER | TRUSTEE (THROUGH JANUARY 2024) Trustee or director | 2 | $0 | $0 |
| COURTNEY FINCH TAYLOR | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MARGO THOMA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ELMER TORRES | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ROBERT VLADEM | TRUSTEE Trustee or director | 2 | $0 | $0 |
| LAURA WIDMAR | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DAVID YOUNG | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SANDY ZANE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ELLEN ZIESELMAN | TRUSTEE (THROUGH AUGUST 2023) Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 49 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMIE CLEMENTS | PRESIDENT/CE Officer | 40 | $203,845 | $33,592 |
| LORIN ABBEY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ALLAN AFFELDT | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN ANDREWS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CYNTHIA BOLENE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| WILLIAM BUTLER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JULIA CATRON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JENNIFER CERVANTES | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOE COLVIN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ROSALIND DOHERTY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DIANE DOMENICI | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN DUNCAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GWENN DJUPEDAL | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ERIC GARDUNO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ROBERT GLICK | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GUY GRONQUIST | TRUSTEE Trustee or director | 2 | $0 | $0 |
| PAT HALL | TRUSTEE Trustee or director | 2 | $0 | $0 |
| BUD HAMILTON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DAVID HAWKANSON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SUSIE HERMAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RUTH HOGAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| PEGGY HUBBARD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| EDELMA HUNTLEY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| BRUCE LARSEN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CHRISTINE MCDERMOTT | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DAN MONROE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MICHAEL OGG | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DENNIS O'TOOLE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SARA OTTO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MICHAEL PETTIT | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SKIP POLINER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ROBERT REIDY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| NATALIE RIVERA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN ROCHESTER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| WILSON SCANLAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| HARRIET SCHREINER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JUDY SHERMAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| COURTNEY FINCH TAYLOR | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MARGO THOMA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ROBERT VLADEM | TRUSTEE Trustee or director | 2 | $0 | $0 |
| LAURA WIDMAR | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DAVID YOUNG | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SANDY ZANE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ELLEN ZIESELMAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MICHAEL KNIGHT | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| KATE MOSS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| MARIA GALE | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| CATHERINE ALLEN | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| FRIEDA SIMONS | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2065, SANTA FE, NM 87504-2065
- Principal officer (990 for 2024)
- BRUCE LARSEN, PO BOX 2065, SANTA FE, NM 87504
- Signed the 990
- BRUCE LARSEN, CHAIR
- Phone
- (505) 982-6366
- Website
- WWW.MUSEUMFOUNDATION.ORG
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
THE MUSEUM OF NEW MEXICO FOUNDATION SUPPORTS THE MUSEUM OF NEW MEXICO SYSTEM, IN COLLABORATION WITH THE MUSEUM OF NEW MEXICO BOARD OF REGENTS AND THE NEW MEXICO DEPARTMENT OF CULTURAL AFFAIRS. THE FOUNDATION'S PRINCIPAL ACTIVITIES ARE FUND DEVELOPMENT FOR EXHIBITIONS AND EDUCATION PROGRAMS, RETAIL AND LICENSING PROGRAMS, FINANCIAL MANAGEMENT, AND ADVOCACY AND SPECIAL INITIATIVES.THE FOUNDATION SERVES THESE NEW MEXICO DEPARTMENT OF CULTURAL AFFAIRS INSTITUTIONS:- 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- OFFICE OF ARCHAEOLOGICAL STUDIES
Program accomplishments
- SUPPORT FOR THE BENEFIT OF THE MUSEUM OF NEW MEXICO. MUSEUMS: MUSEUM OF INTERNATIONAL FOLK ART, NEW MEXICO HISTORY MUSEUM AND PALACE OF THE GOVERNORS, NEW MEXICO MUSEUM OF ART, MUSEUM OF INDIAN ARTS AND CULTURE/LABORATORY OF ANTHROPOLOGY, OFFICE OF ARCHAEOLOGICAL STUDIES. HISTORIC SITES: TAYLOR MESILLA HOME, BOSQUE REDONDO MEMORAL AT FORT SUMNER HISTORIC SITE, CORONADO, FORT SELDEN, JEMEZ, LINCOLN, FORT STANTON AND LOS LUCEROS. SEE THE MUSEUM OF NEW MEXICO FOUNDATION'S ANNUAL REPORT AT HTTPS://WWW.MUSEUMFOUNDATION.ORG/FACTS-FIGURES/Expenses $3,911,637 · grants $3,911,637 · revenue $282,705
- NEW MEMBER AND MEMBERSHIP RETENTION PROGRAM.Expenses $3,035,896 · revenue $153,880
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 85-0202503
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1964
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A115)
- Assets (IRS master file)
- $54,865,695
- Income (IRS master file)
- $54,520,325
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $16,217,538 | $7,683,390 | $54,865,695 | XML |
| 990 | June 2024 | $8,972,269 | $8,590,699 | $50,526,651 | XML |
| 990 | June 2023 | $9,445,971 | $11,943,476 | $47,576,192 | XML |
| 990 | June 2022 | $11,166,561 | $8,776,854 | $48,109,857 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 85-0202503).
Questions about MUSEUM OF NEW MEXICO FOUNDATION
- What is the EIN of MUSEUM OF NEW MEXICO FOUNDATION?
- The employer identification number (EIN) of MUSEUM OF NEW MEXICO FOUNDATION is 85-0202503.
- Is MUSEUM OF NEW MEXICO FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
- Are donations to MUSEUM OF NEW MEXICO FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MUSEUM OF NEW MEXICO FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MUSEUM OF NEW MEXICO FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MUSEUM OF NEW MEXICO FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MUSEUM OF NEW MEXICO FOUNDATION?
- The 990 for the year ended June 30, 2025 names BRUCE LARSEN.
- Who are the officers and directors of MUSEUM OF NEW MEXICO FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 48 people; 3 received compensation from the organization, the highest $237,235 (JAMIE CLEMENTS, PRESIDENT/CEO).
- How much revenue does MUSEUM OF NEW MEXICO FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $16,217,538, expenses of $7,683,390 and total assets of $54,865,695 at year end.
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