The Heart Gallery Of New Mexico Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 171,278 | 176,663 | −5,385 | 6.1 | — |
| 2012 | 166,145 | 168,765 | −2,620 | 6.2 | — |
| 2013 | 223,841 | 148,288 | 75,553 | 13.1 | 26% |
| 2014 | 248,044 | 199,340 | 48,704 | 12.6 | 18% |
| 2015 | 246,500 | 238,047 | 8,453 | 11.0 | 15% |
| 2016 | 223,995 | 209,549 | 14,446 | 13.3 | 17% |
| 2017 | 205,443 | 186,668 | 18,775 | 16.2 | 19% |
| 2018 | 244,112 | 165,998 | 78,114 | 23.8 | 22% |
| 2019 | 144,056 | 138,035 | 6,021 | 29.2 | — |
| 2020 | 75,560 | 134,754 | −59,194 | 24.6 | — |
| 2021 | 221,846 | 143,636 | 78,210 | 29.6 | 25% |
| 2022 | 279,336 | 186,555 | 92,781 | 28.8 | 23% |
| 2023 | 244,874 | 278,261 | −33,387 | 17.9 | 22% |
In its most recent public year (2023), this organization spent $33,387 more than it brought in. Its reserves stood at about 17.9 months of spending, up from 6.1 in 2011. Staff pay was 22% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
The Heart Gallery Of New Mexico Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works