NEW MEXICO FILM FOUNDATION

EIN: 463089699 501(c)(3) Arts, Culture & Humanities

Santa Fe, NM

Total Revenue
$295,644
Total Expenses
$306,421
Total Assets
$50,184
Net Assets
$50,184
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
NM
Principal Officer
Terry Futschik
Phone
2819100214
Tax Period
2021-07-01 to 2022-06-30

NEW MEXICO FILM FOUNDATION, founded in 2013, is a small nonprofit in the Arts, Culture & Humanities sector that reported $296K in total revenue in fiscal year 2021. Revenue surged 118% from the prior year, signaling strong growth momentum.

Mission

To help grow the New Mexico independent film industry by offering financial assistance and educational opportunities to New Mexico independent filmmakers. We offer grants to filmmakers and arrange workshops and other educational events

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $32,100
Program Service Revenue $263,544
Investment Income $0
Other Revenue $0
TOTAL REVENUE $295,644

Expense Breakdown

Grants Paid $0
Salaries & Benefits $25,038
Fundraising Expenses $0
Program Expenses $306,421
Other Expenses $281,383
TOTAL EXPENSES $306,421

Year-over-Year Comparison

2021 2020 Change
Revenue $295,644 $135,565 +1.2%
Expenses $306,421 $96,463 +2.2%
Net Income $-10,777 $39,102 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
10

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
3
$25,058
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Terry Futschik Executive Director 30
Director
$25,058 $0 $25,058
Daniel Region Vice President 2
Director
$0 $0 $0
Roberto Estrada President 3
Director
$0 $0 $0
Paul Lucero Secretary 2
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $295,644 $306,421 $50,184 $-10,777
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