New Mexico Humanities Council
Nonprofit profile at a glance
- EIN
- 850225681
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Albuquerque, NM, USA
- Phone
- 5056337370
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,380,145
- Expenses
- $1,136,014
- Assets
- $1,543,823
- Liabilities
- $422,472
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Highest reported compensation
- BRANDON JOHNSON (EXECUTIVE DI): $106,967 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The New Mexico humanities council (nmhc) supports and conducts innovative and imaginative programs throughout the state that lead to a greater understanding of, and motivate interest in, the richness of our human experience and heritage. We inspire in both residents and visitors an appreciation for the rich diversity of land, people, and ideas, providing the foundation on which to build a better future for us all. We seek out and fund quality humanities programs for presentation to public audiences throughout the state. Through our grants program, we support worthy projects and organizations which deal with topics ranging from local history and culture to international affairs. These programs enrich the cultural lives of the state's citizens. Nmhc conducts speakers bureau and grant programs. Other programs include national history day in New Mexico. Finally, nmhc engages in stand-alone initiatives that bring current humanities topics to the public. Bringing the humanities to the public
What it reported doing in 2024
Bringing humanities to public audiences throughout New Mexico - this includes speakers bureau programs, history day, initiatives and grants.
Operating model
- Revenue model
- Grant-funded. 64% of the money available for current operations came from government grants.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 70% for direct work, and 30% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 85
- Accountability: 95
- Sustainability: 58
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 63.4%; rating input score 63
- Program expense ratio: 65.6%; rating input score 66
- Fundraising efficiency: $92.69 raised per $1 spent on fundraising; rating input score 86; 86th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 22nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 81.4%; rating input score 81; 35th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 17.7%; rating input score 73; 73rd percentile among comparable filings
- Total-asset coverage ratio: 1.36; rating input score 53; 53rd percentile among comparable filings
- Liabilities to assets ratio: 0.27; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 9.4%; rating input score 39; 39th percentile among comparable filings
Growth
- Program expense growth: 2.1% per year; rating input score 100; 27th percentile among comparable filings
- Revenue growth: 5.7% per year; rating input score 100; 47th percentile among comparable filings
- Asset growth: 1.8% per year; rating input score 100; 24th percentile among comparable filings
Details
- Where the money goes: 63.4% of revenue deployed · 65.6% of spending went to programs
- Governance: 16 of 16 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $745K in reported program spending
- Leadership: top reported pay $107K · 17 people listed
- Consistency: 32 of 33 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 14 filed money-flow records
- Related organizations: 13 filed related-organization links
- 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.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Review — Sustainability: Total-asset coverage ratio scored 53/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 26/100.
- Moderate — Sustainability: Officer compensation ratio scored 39/100.