Friends of the New Mexico Mining Museum of Grants

Nonprofit profile at a glance

EIN
850385077
IRS 990-EZ coverage
2018–2024
Forms available
Form 990-EZ 2024
Location
Grants, NM, USA
Phone
5052874802
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$54,832
Expenses
$51,172
Assets
$142,818
Liabilities
$389

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • COTTON JARRELL (PRESIDENT)

People named in this filing

  • COTTON JARRELL (PRESIDENT)
  • THOMAS POUNDS (VICE PRESIDE)
  • MITCH KNAPTON (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The New Mexico mining museum is organized as a non-profit corporation registered at the state of New Mexico for the purpose of promoting and preserving the educational and cultural history through the management of exhibits and strategic planning to preserve and promote the legacy of mining.

What it reported doing in 2024

Accomplishments for fiscal year 2024-2025 annual haunted house miner legacy crosses - recognizing fallen miners @ miners day event repaired the website held miners day celebration continued the miners registry updated museum photos recognized fallen miners and their families during regular board meetings vendor at the nmma annual conference luminarias at christmas installed circulation fans in reception area (state installed for us) school tours free tours for non-profit organizations mining history/grants/route 66 video leased items to movie set for netflix participated in 4th of july parade

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 82
  • Sustainability: 59
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.4%; rating input score 82
  • Program expense ratio: 88.2%; rating input score 88

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 6.7%; rating input score 57; 57th percentile among comparable filings
  • Total-asset coverage ratio: 2.79; rating input score 73; 73rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -11.5% per year; rating input score 0; 25th percentile among comparable filings
  • Revenue growth: -13.3% per year; rating input score 0; 20th percentile among comparable filings
  • Asset growth: -2.4% per year; rating input score 0; 30th percentile among comparable filings

Details

  • Where the money goes: 82.4% of revenue deployed · 88.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $45K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 57/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.