Historic Santa Fe Foundation Inc

EIN: 856011261 501(c)(3)

Santa Fe, NM

Total Revenue
$542,537
Total Expenses
$716,779
Total Assets
$7,065,820
Net Assets
$6,971,766
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1961
Legal Domicile
NM
Principal Officer
Larry Good
Phone
5059832567
Tax Period
2025-01-01 to 2025-12-31

Historic Santa Fe Foundation Inc, founded in 1961, is a small nonprofit that reported $543K in total revenue in fiscal year 2025. Revenue surged 72% from the prior year, signaling strong growth momentum. Expenses of $717K exceeded revenue, resulting in a 32% operating deficit.

Mission

Historic preservation of properties to preserve the diverse cultural heritage of the Santa Fe area. Activities include not only the preservation of historical properties but education of the public about Santa Fe's history.

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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 (2025)

Revenue Breakdown

Contributions & Grants $419,996
Program Service Revenue $51,651
Investment Income $2,018
Other Revenue $68,872
TOTAL REVENUE $542,537

Expense Breakdown

Grants Paid $0
Salaries & Benefits $378,117
Fundraising Expenses $174,846
Program Expenses $309,874
Other Expenses $338,662
TOTAL EXPENSES $716,779

Year-over-Year Comparison

2025 2024 Change
Revenue $542,537 $314,938 +0.7%
Expenses $716,779 $610,508 +0.2%
Net Income $-174,242 $-295,570 -0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
7
Volunteers
14

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
6
$94,142
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Melanie McWhorter Executive Dir. 40.00
Officer
$89,372 $4,770 $94,142
Larry Good Chair 2.00
Officer Director
$0 $0 $0
Greg Walke Vice Chair 1.00
Officer Director
$0 $0 $0
Timothy Sweeney Secretary 2.00
Officer Director
$0 $0 $0
Michael Casey Treasurer 2.00
Officer Director
$0 $0 $0
Harlan Flint Past Treasurer 2.00
Officer Director
$0 $0 $0
Nicholas Wirth Director 2.00
Director
$0 $0 $0
Lisa Nordstrum Director 2.00
Director
$0 $0 $0
Becca Snyder Director 2.00
Director
$0 $0 $0
James B Baker Member-at-large 1.00
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
2025 $542,537 $716,779 $7,065,820 $-174,242
2024 $314,938 $610,508 $6,587,994 $-295,570
2023 $1,900,573 $529,490 $6,207,359 $1,371,083
2022 $651,345 $496,978 $4,275,010 $154,367
2021 $339,673 $414,462 $4,941,397 $-74,789
2020 $195,358 $363,714 $4,391,378 $-168,356
2019 $1,696,368 $418,796 $3,973,331 $1,277,572
2018 $1,435,010 $459,893 $2,289,836 $975,117
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