Artesia Mainstreet Inc

What it reported doing in 2025

Downtown Maintenance: Artesia, NM area has a population of approximately 15,000 citizens. The downtown area encompasses 40 city blocks and includes the Derrick Floor oilfield monument and the Oilpatch Plaza with its grounds and fountain. There are 4 additional bronze monuments in the downtown area that are part of the History in Bronze series: Sallie Chisum, known as the First Lady of Artesia, Trail Boss and the Vaquero, bringing to life the turn of the century cowboys of the Southwest and the Cattle Rustler, who may have been a contemporary of the famed Billy the Kid. All of the bronzes require periodic waxing and patina touch-ups and the brickwork and landscaping require upkeep. Artesia's Heritage Plaza and Walkway is a beautiful centerpiece in the Downtown District containing a 7-fountain river depicting the culture of our area, represented in handmade ceramic tiles. The walls of the Walkway holds a renovated historic mural depicting our history, the textured floor is an original mural and the entire area is shaded with decorative trees and provides seating areas to encourage visitors to stay and enjoy. Artesia MainStreet is also responsible for maintenance of the grounds surrounding the Artesia Public Library located in the Downtown District as well as the bronze sculpture located in the roundabout at its corner. AMS takes applications for inclusion on the Baish Veterans' Park Wall of Honor. An engraving fee is collected from each applicant. Once the application period is closed, the panel is removed and transported to have the new veterans' names and service information professionally engraved onto the panel. The panel is then transported back and re-installed. Maintenance, repairs, utilities and insurance make up these expenses.

Financial Efficiency

• Mission deployment rate: 72.8%; rating input score 73
• Program expense ratio: 90.7%; rating input score 91
• Fundraising efficiency: $127.76 raised per $1 spent on fundraising; rating input score 87; 87th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
• Governance controls: 5 of 9 controls in place; rating input score 56
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 20%; rating input score 72; 72nd percentile among comparable filings
• Total-asset coverage ratio: 9.92; rating input score 91; 91st percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
• Officer compensation ratio: 8.7%; rating input score 41; 41st percentile among comparable filings

Growth

• Program expense growth: 3.3% per year; rating input score 100; 28th percentile among comparable filings
• Revenue growth: 3.1% per year; rating input score 100; 26th percentile among comparable filings
• Asset growth: 1.2% per year; rating input score 100; 20th percentile among comparable filings