MUSEUM OF NEW MEXICO FOUNDATION
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$16,217,538
Other
49%
Contributions
30%
Membership Dues
10%
Investments
9%
Fundraising Events
2%
Program Services
<1%
Government Grants
<1%
Expenses in 2025
$7,683,390
Grants
51%
Salaries & Benefits
25%
Other
11%
Fees to Service Providers
10%
Offices, Occupancy & IT
2%
Depreciation
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2024
2025
Change
Contributions
$4,099,328
$4,842,195
+18%
Government Grants
$570,000
$59,502
-90%
Fundraising Events
$483,996
$302,942
-37%
Program Services
$282,695
$153,880
-46%
Membership Dues
$1,408,404
$1,559,444
+11%
Investments
$1,239,738
$1,422,255
+15%
Other
$888,108
$7,877,320
+787%
Total Revenues
$8,972,269
$16,217,538
+81%
Expenses
2024
2025
Change
Grants
$4,589,734
$3,911,637
-15%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,890,386
$1,887,838
0%
Fees to Service Providers
$779,539
$734,090
-6%
Advertising & Promotion
$49,255
$40,868
-17%
Offices, Occupancy & IT
$170,428
$187,858
+10%
Interest
$0
$0
-
Depreciation
$104,339
$83,958
-20%
Other
$1,007,018
$837,141
-17%
Total Expenses
$8,590,699
$7,683,390
-11%
Net income
2024
2025
Change
Net income
+$381,570
+$8,534,148
+2137%
Functional Expenses
Summary
2024
2025
Change
Program
$8,036,558
$6,947,533
-14%
Admin
$447,458
$632,154
+41%
Fundraising
$106,683
$103,703
-3%
Total Expenses
$8,590,699
$7,683,390
-11%
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