TAOS HISTORIC MUSEUMS INC

EIN: 850162279 501(c)(3) Arts, Culture & Humanities

TAOS, NM

Total Revenue
$206,410
Total Expenses
$211,820
Total Assets
$480,648
Net Assets
$477,153
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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
1949
Legal Domicile
NM
Principal Officer
ROB NIGHTINGALE
Phone
5757580505
Tax Period
2024-01-01 to 2024-12-31

TAOS HISTORIC MUSEUMS INC, founded in 1949, is a small nonprofit in the Arts, Culture & Humanities sector that reported $206K in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. Net assets of $477K represent 28 months of operating reserves.

Mission

THE ORGANIZATION'S MISSION IS OPERATION, MAINTENANCE OF AND EXHIBITION AT TWO HISTORIC SITES: BLUMENSCHEIN HOME AND MUSEUM AND HACIENDA DE LOS MARTINEZ. ACQUISITION, CONSERVATION AND ARCHIVING OF HISTORICAL ARTIFACTS IN THE REGION IS ALSO AN IMPORTANT MISSION.

Program Service Accomplishments

Program 1
Expenses: $183,313 Revenue: $92,022

OPERATION, MAINTENANCE OF AND EXHIBITION AT TWO HISTORIC SITES: BLUMENSCHEIN HOME AND MUSEUM AND HACIENDA DE LOS MARTINEZ.

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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 (2024)

Revenue Breakdown

Contributions & Grants $114,140
Program Service Revenue $74,500
Investment Income $248
Other Revenue $17,522
TOTAL REVENUE $206,410

Expense Breakdown

Grants Paid $0
Salaries & Benefits $83,776
Fundraising Expenses $3,146
Program Expenses $183,313
Other Expenses $128,044
TOTAL EXPENSES $211,820

Year-over-Year Comparison

2024 2023 Change
Revenue $206,410 $171,482 +0.2%
Expenses $211,820 $194,574 +0.1%
Net Income $-5,410 $-23,092 -0.8%
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
11
Independent Members
11
Employees
5
Volunteers
N/A

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
2
$14,000
Total Directors
11
$14,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MOLLY MARTINEZ SECRETARY 2.50
Director
$0 $0 $0
DIANNE RAWLS DAVIS DIRECTOR 2.50
Director
$0 $0 $0
DANIEL BARELA TREASURER 2.50
Officer Director
$14,000 $0 $14,000
KATHY MONDRAGON DIRECTOR 2.50
Director
$0 $0 $0
TIM MAEZ DIRECTOR 2.50
Director
$0 $0 $0
ROB NIGHTINGALE PRESIDENT 2.50
Officer Director
$0 $0 $0
SADIE BOYER DIRECTOR 2.50
Director
$0 $0 $0
ANDY MARTINEZ VICE PRESIDENT 2.50
Director
$0 $0 $0
LEE VARGAS DIRECTOR 2.50
Director
$0 $0 $0
STEVE RICHEY DIRECTOR 2.50
Director
$0 $0 $0
RYAN TRUJILLO DIRECTOR 2.50
Director
$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
2024 $206,410 $211,820 $480,648 $-5,410
2023 $171,482 $194,574 $486,164 $-23,092
2022 $178,330 $167,811 $508,465 $10,519
2021 $165,285 $147,949 $492,581 $17,336
2020 $163,362 $103,775 $474,849 $59,587
2019 $116,467 $171,665 $418,022 $-55,198
2018 $133,710 $157,303 $470,348 $-23,593
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