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Nonprofiteer
← SPANISH COLONIAL ARTS SOCIETY INC

Form 990 for tax year 2024

Filed by SPANISH COLONIAL ARTS SOCIETY INC.

Totals

Total revenue
$329,069
Total expenses
$568,163
Contributions and grants received
$219,353
Grants paid
$0
Program service revenue
$43,091
Investment income
$61,435
Other revenue
$5,190
Total assets, end of year
$3,124,711
Total liabilities, end of year
$42,633
Net assets or fund balances, end of year
$3,082,078
Program services expenses (Part IX)
$333,165
Management and general expenses
$190,795
Fundraising expenses
$44,203
Program service expenses (Part III)
$333,165

Program services were 58.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $6,354

  • 1f · All other contributions, gifts and grants

    $212,999

  • 2a · Program service revenue: MUSEUM RENTALS

    total $38,210 · related or exempt $38,210

  • 2b · Program service revenue: MUSEUM ADMISSIONS

    total $4,881 · related or exempt $4,881

  • 3 · Investment income

    total $61,418 · excluded $61,418

  • 7a · Gross sales of assets other than inventory

    securities $17

  • 7c · Gain or loss

    securities $17

  • 7d · Net gain or loss

    total $17 · related or exempt $17

  • 10a · Gross sales of inventory

    $5,430

  • 10b · Cost of goods sold

    $240

  • 10c · Net income from sales of inventory

    total $5,190 · related or exempt $5,190

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $81,668 · program services $57,984 · management and general $10,617 · fundraising $13,067

  • 7 · Other salaries and wages

    total $117,010 · program services $83,077 · management and general $15,211 · fundraising $18,722

  • 10 · Payroll taxes

    total $15,172 · program services $10,773 · management and general $1,972 · fundraising $2,427

  • 11c · Fees: accounting

    total $44,746 · management and general $44,746

  • 11g · Fees: other

    total $17,105 · program services $10,439 · management and general $6,666

  • 12 · Advertising and promotion

    total $15,875 · program services $2,141 · management and general $13,734

  • 16 · Occupancy

    total $85,814 · program services $27,885 · management and general $57,929

  • 19 · Conferences, conventions and meetings

    total $1,588 · program services $974 · management and general $614

  • 22 · Depreciation, depletion and amortization

    total $93,714 · program services $93,714

  • 23 · Insurance

    total $30,009 · program services $21,440 · management and general $7,347 · fundraising $1,222

  • 24a · Other expenses: SUPPLIES

    total $29,610 · program services $16,972 · management and general $12,638

  • 24b · Other expenses: OTHER

    total $16,707 · program services $1,480 · management and general $6,462 · fundraising $8,765

  • 24c · Other expenses: REPAIRS & MAINTENANCE

    total $12,572 · program services $6,286 · management and general $6,286

  • 24d · Other expenses: MAINT. & CONSERVATION

    total $4,973 · management and general $4,973

  • 24e · All other expenses

    total $1,600 · management and general $1,600

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $131,004 · end of year $135,109

  • 2 · Savings and temporary cash investments

    beginning of year $1,663,826 · end of year $1,402,590

  • 3 · Pledges and grants receivable

    beginning of year $12,466 · end of year $15,600

  • 8 · Inventories for sale or use

    beginning of year $8,578 · end of year $8,578

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,675 · end of year $2,675

  • 10a · Land, buildings and equipment: cost or other basis

    $4,060,393

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,500,234

  • 10c · Land, buildings and equipment, net

    beginning of year $1,602,901 · end of year $1,560,159

  • 17 · Accounts payable and accrued expenses

    beginning of year $61,777 · end of year $27,633

  • 19 · Deferred revenue

    end of year $15,000

  • 27 · Net assets without donor restrictions

    beginning of year $3,359,673 · end of year $3,082,078

Mission and programs · 2024

Mission

THE MISSION OF THE SPANISH COLONIAL ARTS SOCIETY IS TO PRESERVE THE CULTURAL HERITAGE OF HISPANIC NEW MEXICO AND ITS LIVING TRADITIONS.

  • AS PART OF OUR STRATEGIC PLAN, WE TRANSITIONED ORGANIZATIONAL STEWARDSHIP OF TRADITIONAL SPANISH MARKET TO THE ATRISCO HERITAGE FOUNDATION. AFTER HOSTING SPANISH MARKET FOR 70 YEARS, WE WERE PLEASED THAT ATRISCO SUCCESSFULLY HOSTED THE 71ST MARKET ON THE SANTA FE PLAZA, WHICH THEY CONTINUED TO OFFER FREE AND OPEN TO THE PUBLIC. IN OUR ONGOING EFFORT TO SERVE AS A RESOURCE FOR THE PUBLIC, WE INSTITUTED A POLICY OF YEAR-ROUND FREE ADMISSION TO OUR MUSEUM FOR ALL MEMBERS OF THE PUBLIC. WE CONTINUED TO OFFER TOURS OF OUR MUSEUM AND OUR COLLECTION AND CONTINUED TO HOLD VARIOUS ARTS CLASSES AND DEMONSTRATIONS WITH A FOCUS ON TRADITIONAL NEW MEXICAN ART FORMS. WE CHANGED THE NAME OF OUR MUSEUM TO BETTER REFLECT THE CONTENTS OF OUR COLLECTION: NUEVO MEXICANO HERITAGE ARTS MUSEUM. VISITATION HAS INCREASED SIGNIFICANTLY AS TOURISTS AND THE PUBLIC ALIKE ARE CURIOUS ABOUT AND ATTRACTED TO THE NEW NAME. THE NAME OF OUR ORGANIZATION, THE SPANISH COLONIAL ARTS SOCIETY, REMAINS THE SAME.

    Expenses $333,165 · Revenue $43,091

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • David Cartwright

    CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Donna Pierce

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Cathy Fernandez

    TREASURER

    Total calculated
    $0
    Hours/week
    5
  • Audra Bellmore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rosa Ramirez Carlson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jan Duggan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Gustavo Goler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kristin Graham

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Antonio Lopez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Barrett Markland

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jean Moya

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Valdo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jennifer Berkley

    EXECUTIVE DI

    Total calculated
    $81,668
    From this org
    $81,668
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.0
Source object
202523219349314387

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