NonprofitsNew Mexico Philharmonic Foundation Inc

Arts, Culture & Humanities

New Mexico Philharmonic Foundation Inc

ALBUQUERQUE, NM

Total revenue

$429K

Total expenses

$172K

Net assets

$2.6M

Grants received

$1.6M

8 grants

EIN

822109038

Tax year

2024

Mission

The new mexico philharmonic foundation (nmpf) seeks to provide sustainable, dedicated funding for the new mexico phiharmonic, inc. (nmphil,) funding that creates long term stability, future growth and permanence through a transparent and secure fiduciary instrument for donor support that is directly controlled by its donors and trustees. The corporation is organized for the purposes of using private funds exclusively for charitable purposes within the meaning of section 501 (c) (3), and, without limiting the generality of the foregoing, with emphasis on the following specific projects and activities: providing a vehicle to provide long-term funding to the nmphil, a new mexico nonprofit corporation; carrying out any programs or activities which may be related the the foregoing, or which may otherwise promote and benefit the nmpf, and performing such other activities as the board of directors deems to be incidental, proper, or necessary.

Programs

1 program

N/A

0

Financials

FY 2024

Revenue

Contributions & grants$180K
Program service revenue
Investment income$250K
Other revenue
Total revenue$429K

Expenses

Grants paid$133K
Salaries & benefits
Fundraising$13K
Other expenses$40K
Total expenses$172K
Total assets$2.6M
Net assets$2.6M

People

7 listed

NameRoleCompensation

Stephen Baca

President

Board

2 hrs/wk

Jeffrey Romero

Vice-President

Board

2 hrs/wk

Barbara Rivers

Secretary

Board

2 hrs/wk

Daniel Conklin

Treasurer

Board

2 hrs/wk

Charles Eberle MD

Board Member

Board

2 hrs/wk

Thomas Martin MD

Board Member

Board

2 hrs/wk

Lee Blaugrund

Board Member

Board

2 hrs/wk

Grants received

Showing 8 of 8

FromAmountPurposeYear
$46K
GENERAL SUPPORT
2024
$6K
For grant recipient's exempt purposes
2023
$190K
DONOR-ADVISED
2020
$5K
GENERAL USE AND/OR SPECIAL FUND/PROJECT
2020
$5K
ARTS, CULTURE & HUMANITIES
2020
$6K
For grant recipient's exempt purposes
2019
$100K
ARTS, CULTURE & HUMANITIES
2017

Funded by

$1.6M from 5 funders · 8 grants · 2017–2024

Mckinnon Family Foundation

$1.2M · 1 grant · 2021

Albuquerque Community Foundation

$236K · 2 grants · 2020–2024

Donor Advised Charitable Giving Inc

$105K · 2 grants · 2017–2020

Fidelity Investments Charitable Gift Fund

$12K · 2 grants · 2019–2023

Details

EIN822109038
NTEE codeA11
Subsection03
Ruling date2018-01
Formed2017
Employees0
Volunteers7
NEW MEXICO PHILHARMONIC FOUNDATION INC — Mission, Financials & Grants Received | Grantivo