Public Charity

MUSEUM OF NEW MEXICO FOUNDATION

MUSEUM OF NEW MEXICO FOUNDATION is a Public Charity headquartered in SANTA FE, NM. Financial data from the 2025 filing: $16.2M revenue, $7.7M expenses, $54.9M total assets. 86 publicly reported grants to this organization, totaling roughly $12.5M, appear in IRS filings.

EIN: 850202503 SANTA FE, NM Latest filing: 2025
Total Revenue$16.2M
Total Expenses$7.7M
Total Assets$54.9M
Grant Records86
Funding Total$12.5M
Filing Years2021–2025

Mission

THE MUSEUM OF NEW MEXICO FOUNDATION SUPPORTS THE MUSEUM OF NEW MEXICO SYSTEM, IN COLLABORATION WITH THE MUSEUM OF NEW MEXICO BOARD OF REGENTS AND THE NEW MEXICO DEPARTMENT OF CULTURAL AFFAIRS. THE FOUNDATION'S PRINCIPAL ACTIVITIES ARE FUND DEVELOPMENT FOR EXHIBITIONS AND EDUCATION PROGRAMS, RETAIL AND LICENSING PROGRAMS, FINANCIAL MANAGEMENT, AND ADVOCACY AND SPECIAL INITIATIVES.THE FOUNDATION SERVES THESE NEW MEXICO DEPARTMENT OF CULTURAL AFFAIRS INSTITUTIONS:- MUSEUM OF INDIAN ARTS AND CULTURE/LABORATORY OF ANTHROPOLOGY- MUSEUM OF INTERNATIONAL FOLK ART- NEW MEXICO HISTORY MUSEUM AND PALACE OF THE GOVERNORS- NEW MEXICO MUSEUM OF ART- NEW MEXICO HISTORIC SITES- OFFICE OF ARCHAEOLOGICAL STUDIES

Officers & Directors

TRUSTEE Allan Affeldt
TRUSTEE Bruce Larsen
TRUSTEE Carmen Gonzales
TRUSTEE Caroline Burnett
TRUSTEE Cathy Allen
TRUSTEE Christine Mcdermott

Officer compensation and complete director data available with membership.

Top Grant Purposes

SUPPORT THE MUSEUM
$8,501,371 2 grants
For grant recipient's exempt purposes
$1,082,769 9 grants
PROGRAM SUPPORT
$750,000 1 grant
GENERAL OPERATING SUPPORT
$598,283 7 grants
GENERAL SUPPORT
$245,806 9 grants

Financial Trends

Year Revenue Expenses Assets
2025 $16.2M $7.7M $54.9M
2024 $9.0M $8.6M $50.5M
2023 $9.4M $11.9M $47.6M
2022 $11.2M $8.8M $48.1M
2021 $8.6M $5.2M $52.0M

Between 2021 and 2025, reported annual revenue grew from $8.6M to $16.2M (+88%), with total assets most recently reported at $54.9M.

Interactive year-over-year charts and full filing details available with membership.

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