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Nonprofit · EIN 85-0425147

THE TAOS COMMUNITY FOUNDATION INC

Tax-exempt · TAOS, NM 87571

Financials

$5.1M$4M2022$4.2M$3M2023$4.4M$3.8M2024
Revenue Expenses · by fiscal year end
Financials of THE TAOS COMMUNITY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$4,411,933$3,787,355$624,578$25,895,932$2,618,086$23,277,846
June 30, 2024990$4,223,618$3,021,936$1,201,682$24,065,665$2,340,661$21,725,004
June 30, 2023990 (amended)$5,104,552$4,035,933$1,068,619$21,439,056$2,108,551$19,330,505
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,488,317
Program service revenue
$28,457
Investment income
$927,173
Net gain from sales of assets
$285,332
Net income from fundraising events
-$34,150
Other revenue
-$32,014

Expenses

Grants and similar amounts paid
$2,288,433
Compensation of officers, directors and key employees
$120,560
Other salaries and wages
$409,306
Salaries, compensation and benefits (total)
$610,049
Professional fundraising fees
$0
Legal fees
$411
Accounting fees
$152,592
Occupancy
$30,071
Travel
$32,590
Depreciation
$11,889
Program services (functional)
$3,295,826
Management and general (functional)
$465,456
Fundraising (functional)
$26,073

Balance sheet and other

Total assets, start of year
$24,065,665
Total assets, end of year
$25,895,932
Total liabilities, end of year
$2,618,086
Net assets, end of year
$23,277,846
Land, buildings and equipment
$337,761
Publicly traded securities
$23,380,565
Net assets without donor restrictions
$1,826,413
Net assets with donor restrictions
$21,451,433
Gross receipts
$6,696,949
Employees
6
Volunteers
100
Year formed
1994
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.

NameTitleHours / weekCompensationOther / benefits
CJ GRACECEO
Officer
35$111,270$9,289
GEORGE JARAMILLOCHAIR
Trustee or director, Officer
0.5$0$0
ABBY SANGERVICE CHAIR
Trustee or director, Officer
0.5$0$0
LAURIE MITCHELL DUNNTREASURER
Trustee or director, Officer
0.5$0$0
ALFREDO VIGILSECRETARY
Trustee or director, Officer
0.5$0$0
KEN BERGRENMEMBER
Trustee or director
0.5$0$0
JULIANN BERTONEMEMBER
Trustee or director
0.5$0$0
DR CATHERINE COLLINSMEMBER
Trustee or director
0.5$0$0
DAVE LAMBERTMEMBER
Trustee or director
0.5$0$0
SUE MCDOWELLMEMBER
Trustee or director
0.5$0$0
DAVID NORDENMEMBER
Trustee or director
0.5$0$0
BETTINA SANDOVALMEMBER
Trustee or director
0.5$0$0
MICHAEL SANTISTEVANMEMBER
Trustee or director
0.5$0$0
BOBBY SPINELLIMEMBER
Trustee or director
0.5$0$0
CONTESSA TRUJILLOMEMBER
Trustee or director
0.5$0$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensation
CATHERINE HORSEY END 032024INTERIM CEO
Officer
40$53,446
CJ GRACE BEGIN 022024CEO
Officer
40$0
GEORGE JARAMILLOCHAIR
Trustee or director, Officer
0.5$0
ABBY SANGERVICE CHAIR
Trustee or director, Officer
0.5$0
ALFREDO VIGILSECRETARY
Trustee or director, Officer
0.5$0
LAURIE MITCHELL DUNNTREASURER
Trustee or director, Officer
0.5$0
DR CATHERINE COLLINSMEMBER
Trustee or director
0.5$0
BETTINA SANDOVALMEMBER
Trustee or director
0.5$0
DAVE LAMBERTMEMBER
Trustee or director
0.5$0
ALIX HENRYMEMBER
Trustee or director
0.5$0
DR CHARLIE ANDERSONMEMBER
Trustee or director
0.5$0
DAVID NORDENMEMBER
Trustee or director
0.5$0
MICHAEL SANTISTEVANMEMBER
Trustee or director
0.5$0
JULIANN BERTONEMEMBER
Trustee or director
0.5$0
SUE MCDOWELLMEMBER
Trustee or director
0.5$0
JOHN HAMILTONMEMBER
Trustee or director
0.5$0
990 for the year ended June 30, 2023: 14 people
NameTitleHours / weekCompensationOther / benefits
LISA O'BRIEN RESIGNED 022023FOUNDATION DIRECTOR
Officer
40$92,637$15,038
DR CHARLIE ANDERSONMEMBER
Trustee or director
0.5$0$0
DR CATHERINE COLLINSSECRETARY
Trustee or director, Officer
0.5$0$0
LAURIE MITCHELL DUNNMEMBER
Trustee or director
0.5$0$0
JOHN HAMILTONMEMBER
Trustee or director
0.5$0$0
ALIX HENRYMEMBER
Trustee or director
0.5$0$0
VERNON LUJANMEMBER
Trustee or director
0.5$0$0
SUE MCDOWELLMEMBER
Trustee or director
0.5$0$0
LOUIS MOYAMEMBER
Trustee or director
0.5$0$0
DAVID NORDENCHAIR
Trustee or director, Officer
0.5$0$0
ABBY SANGERMEMBER
Trustee or director
0.5$0$0
DR ALFREDO VIGILMEMBER
Trustee or director
0.5$0$0
CATHERINE HORSEY RESIGNED 52023MEMBER
Trustee or director
0.5$0$0
CATHERINE HORSEY BEG 052023INTERIM CEO
Officer
40$0$0

Address and contacts

Address (IRS master file)
115 LA POSTA RD STE A, TAOS, NM 87571-7239
Principal officer (990 for 2024)
CJ GRACE, PO BOX 1925, TAOS, NM 875711925
Signed the 990
CJ GRACE, CEO
Phone
(575) 737-9300
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

SEE SCHEDULE OTHE FOUNDATION'S MISSION IS TO IMPROVE THE QUALITY OF LIFE FOR PEOPLE IN TAOS AND WESTERN COLFAX COUNTIES BY BUILDING AND MANAGING ENDOWMENT FUNDS, BY AWARDING GRANTS TO LOCAL NONPROFIT ORGANIZATIONS, BY CONVENING AREA RESIDENTS TO DISCUSS ISSUES OF CRITICAL IMPORTANCE TO THE COMMUNITY, AND BY PROVIDING LEADERSHIP FOR KEY COMMUNITY INITIATIVES. 30,000 PEOPLE SERVED.

990 for the year ended June 30, 2025

Program accomplishments

  • GRANTS ARE MADE FROM DONOR ADVISED, DESIGNATED, ENDOWMENT, SCHOLARSHIP, DISCRETIONARY, AND EMERGENCY FUNDS, TO LOCAL NONPROFIT ORGANIZATIONS IN THE ARTS, CIVIC AFFAIRS, EDUCATION, ENVIRONMENT, AND HEALTH AND HUMAN SERVICES. PROGRAM SERVICES INCLUDE GRANTS MANAGEMENT, TECHNICAL ASSISTANCE TRAINING FOR LOCAL NONPROFIT ORGANIZATIONS, AND CONVENING AND LEADING COMMUNITY COLLABORATION EFFORTS.
    Expenses $3,295,826 · grants $2,288,433 · revenue $30,593

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
85-0425147
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
1998
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$25,895,932
Income (IRS master file)
$6,696,949

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$4,411,933$3,787,355$25,895,932IRS
990June 2024$4,223,618$3,021,936$24,065,665IRS
990June 2023$5,104,552$4,035,933$21,439,056XML
990June 2022$6,485,071$3,435,155$21,028,128IRS
990June 2021$9,966,648$2,957,939$23,186,903IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 85-0425147).

Questions about THE TAOS COMMUNITY FOUNDATION INC

What is the EIN of THE TAOS COMMUNITY FOUNDATION INC?
The employer identification number (EIN) of THE TAOS COMMUNITY FOUNDATION INC is 85-0425147.
Is THE TAOS COMMUNITY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to THE TAOS COMMUNITY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE TAOS COMMUNITY FOUNDATION INC 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 THE TAOS COMMUNITY FOUNDATION INC 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 THE TAOS COMMUNITY FOUNDATION INC 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 THE TAOS COMMUNITY FOUNDATION INC?
The 990 for the year ended June 30, 2025 names CJ GRACE.
Who are the officers and directors of THE TAOS COMMUNITY FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 15 people; 1 received compensation from the organization, the highest $111,270 (CJ GRACE, CEO).
How much revenue does THE TAOS COMMUNITY FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $4,411,933, expenses of $3,787,355 and total assets of $25,895,932 at year end.

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