Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $481,851

• 1f · All other contributions, gifts and grants

  $16,201

• 1g · Noncash contributions included above

  $3,234

• 2a · Program service revenue: PROGRAM SEMINAR FEES

  total $936,928 · related or exempt $936,928

• 2b · Program service revenue: ANNUAL MEETING

  total $71,150 · related or exempt $71,150

• 3 · Investment income

  total $863 · excluded $863

• 8a · Fundraising events: gross income

  $2,750

• 8b · Fundraising events: direct expenses

  $1,860

• 8c · Net income from fundraising events

  total $890 · excluded $890

• 9a · Gaming: gross income

  $7,800

• 9b · Gaming: direct expenses

  $2,831

• 9c · Net income from gaming

  total $4,969 · excluded $4,969

• 11a · Other revenue: MISC REVENUE

  total $18,385 · related or exempt $18,385

• 11e · Other revenue, total

  $18,385

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $748,789 · program services $495,952 · management and general $252,837

• 8 · Pension plan contributions

  total $10,372 · program services $10,372

• 9 · Other employee benefits

  total $37,240 · program services $37,240

• 10 · Payroll taxes

  total $41,176 · program services $41,176

• 11g · Fees: other

  total $15,575 · management and general $15,575

• 12 · Advertising and promotion

  total $1,448 · program services $1,448

• 13 · Office expenses

  total $435 · program services $435

• 14 · Information technology

  total $95,419 · program services $69,136 · management and general $26,283

• 16 · Occupancy

  total $27,219 · management and general $27,219

• 19 · Conferences, conventions and meetings

  total $8,481 · program services $1,992 · management and general $6,489

• 22 · Depreciation, depletion and amortization

  total $33,016 · program services $33,016

• 23 · Insurance

  total $1,724 · program services $1,724

• 24a · Other expenses: MEMBER SERVICES

  total $343,703 · program services $334,453 · management and general $9,250

• 24b · Other expenses: BANK FEES

  total $19,151 · program services $19,073 · management and general $78

• 24c · Other expenses: FURNITURE AND EQUIPMENT

  total $11,271 · program services $11,271

• 24d · Other expenses: PUBLIC SERVICES

  total $6,602 · program services $6,602

• 24e · All other expenses

  total $2,682 · program services $2,474 · management and general $208

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $617,364 · end of year $379,102

• 3 · Pledges and grants receivable

  beginning of year $28,854 · end of year $50,965

• 9 · Prepaid expenses and deferred charges

  beginning of year $27,493 · end of year $27,834

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

  $1,510,945

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

  $916,856

• 10c · Land, buildings and equipment, net

  beginning of year $598,883 · end of year $594,089

• 17 · Accounts payable and accrued expenses

  beginning of year $60,777 · end of year $76,948

• 24 · Unsecured notes and loans payable

  beginning of year $105,105

• 25 · Other liabilities

  beginning of year $877,838 · end of year $619,234

• 27 · Net assets without donor restrictions

  beginning of year $218,886 · end of year $344,933

• 28 · Net assets with donor restrictions

  beginning of year $9,988 · end of year $10,875

The filer's explanations (Part III)

PART I, LINE 3

STATE BAR OF NEW MEXICO, THE RELATED ORGANIZATION, CHECKS THE FOLLOWING BOXES: - COMNPENSATION COMMITTEE - WRITTEN EMPLOYMENT AGREEMENT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE THE STATE BAR OF NM ALSO PROVIDED THE FOLLOWING EXPLANATION FOR LINE 3: THE BOARD OF BAR COMMISSIONERS DETERMINE THE EXECUTIVE DIRECTOR'S COMPENSATION BASED ON COMPENSATION DATA REPORTED BY THE AMERICAN BAR ASSOCIATION FOR OTHER EXECUTIVE DIRECTORS AT STATE BAR ASSOCIATIONS OF A SIMILAR SIZE.