MISSION
Create the first New Mexico Folk Art Market to showcase the best of Folk Artist's through events and other ventures. Also create tours and explain history of Northern New Mexico through art and displays
DEMOGRAPHIC
ADDRESS
2940 YUCATAN
87507
COUNTY
santa fe county, NM
IN CARE OF NAME
VICTOR ROMERO
ORGANIZATIONAL OVERVIEW & RANKINGS
NEW MEXICO FOLK ART MARKET is a based in SANTA FE, NM, focused on Arts, Culture and Humanities causes , specifically Cultural, Ethnic Awareness. Established in January 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,550,942 among 2,656,690 nonprofits nationally (Top 97%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 15,639 out of 15,845 organizations in NM (Top 99%).
In santa fe county, NM, the organization ranks 1,655 out of 2,033 nonprofits by assets (Top 82%), while locally in santa fe, it stands at 1,502 among 1,817 organizations (Top 83%).
The organization reported no revenue in the most recent filing period, placing it at 2,001,390 nationally and 15,639 in NM.
Within its specific NTEE classification (A23 - A: Arts, Culture and Humanities), which includes 12,629 similar organizations, NEW MEXICO FOLK ART MARKET ranks 10,680 in assets (Top 85%) and 10,494 in revenue (Top 84%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2022 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
A: Arts, Culture and Humanities
NTEE CODE
A23: Cultural, Ethnic Awareness
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Sunday, May 15, 2022;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
01/2020
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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