Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | ||||||
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | ||||||
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | ||||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | ||||||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | 664,063 | 832,310 | 649,030 | 858,615 | 705,250 | 3,709,268 |
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | 410,539 | 435,851 | 494,931 | 454,302 | 1,795,623 | |
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | 362,034 | 176,085 | 435,382 | 283,661 | 365,876 | 1,623,038 |
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | 0 | |||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | 0 | |||||
| 6 | Total. Add lines 1 through 5 | 1,436,636 | 1,444,246 | 1,579,343 | 1,596,578 | 1,071,126 | 7,127,929 |
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | 0 | |||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | 0 | |||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | 7,127,929 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | 1,436,636 | 1,444,246 | 1,579,343 | 1,596,578 | 1,071,126 | 7,127,929 |
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | 417,726 | 368,772 | 396,717 | 462,335 | 312,294 | 1,957,844 |
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | 0 | |||||
| c | Add lines 10a and 10b. | 417,726 | 368,772 | 396,717 | 462,335 | 312,294 | 1,957,844 |
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | 0 | |||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | 0 | |||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | 1,854,362 | 1,813,018 | 1,976,060 | 2,058,913 | 1,383,420 | 9,085,773 |
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
|||||
| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by .035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
||
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
||
| 9 Distributable amount for 2019 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2019 |
(iii) Distributable Amount for 2019 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2019 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI). See instructions. |
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| 3 Excess distributions carryover, if any, to 2019: | ||||
| a From 2014....... | ||||
| b From 2015....... | ||||
| c From 2016....... | ||||
| d From 2017....... | ||||
| e From 2018....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2019 distributable amount | ||||
|
i
Carryover from 2014 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2019 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2019 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2019, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2019. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2020. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2015..... | ||||
| b Excess from 2016..... | ||||
| c Excess from 2017..... | ||||
| d Excess from 2018..... | ||||
| e Excess from 2019..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
|---|
| Software ID: | 19009920 |
| Software Version: | 2019v5.0 |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents | Changes to the Bylaws were:1. Deleted the section on organizations purpose.2. Deleted the section on the organizations nonprofit status.3. Condensed and clarified the membership section.4. Overall condensed the language on the board of directors and committees related to composition, election, and responsibilities. New Bylaws follow:AMENDED AND RESTATED BYLAWS OF ALBUQUERQUE MUSEUM FOUNDATION, INCORPORATED I. NAME: The name of the corporation is Albuquerque Museum Foundation, Incorporated (the Foundation). II. MEMBERS: The Foundation may have participants or contributors with membership designations established from time to time by the Foundation, but such participants or contributors will not be members within the meaning of the New Mexico Nonprofit Corporation Act. III. BOARD A. Number, Tenure, Election. The Board of Directors (the Board) of the Foundation will consist of not less than three nor more than 48 directors (each a Director), as determined from time to time by the Board. Directors may be elected by the Board at any time. Each Director will serve an initial term beginning upon election and ending on the fourth June 30 following election. Each Director may be re-elected for a single second consecutive term beginning at the end of the initial term and ending on the third June 30 thereafter. However, a Director who is the vice president/president elect or president at the end of his or her second consecutive term may continue to serve as a Director until the earlier of the June 30 following the end of his or her term as president or the tenth June 30 after election as a Director. A Director may be removed with or without cause by the Board, or may resign. B. Meetings. Meetings of the Board may be called by the president or any two officers, and will be held at the time and place fixed by the persons calling the meeting on written notice given to each Director and ex officio member at least two days before the meeting. C. Quorum, Action. A majority of the number of Directors then in office will constitute a quorum at Board meetings. The Directors will manage the affairs of the Foundation, and may act only as a Board with each Director having one vote.D. Invited Guests. The director of the Albuquerque Museum (the Museum), the Director of the City of Albuquerque Cultural Services Department, the chairperson of the trustees of the Museum, and the executive director of the Foundation will be invited to attend all meetings of the Board except executive sessions, but will not be Directors or members of the Board. IV OFFICERS A. Number, Tenure, Qualification, Election. The officers of the Foundation will be a president, vice president/president elect, immediate past president, secretary, treasurer, and such other officers as the Board may from time to time decide, each of whom will be elected annually by the Board from among the Directors to serve from the July 1 following election until the later of the following June 30 or the date their successors are elected and qualified. However, the vice president/president elect will become the president and the president will become the immediate past president without further action by the Board at the end of the last term to which the president is elected. An officer may be removed with or without cause by the Board, or may resign. Vacancies and newly created offices will be filled by the Board. No person may hold more than one office at a time. No person may hold any office other than treasurer for more than two consecutive years. Officers will perform the duties and have the powers assigned by the Board, incident to the office and as provided in these bylaws. B. President and Vice President/Elect. The president, or the vice president/president elect during the absence, disability or failure to act of the president, will be the chief executive officer of the Foundation, will preside at all Board meetings and, when authorized, will execute and deliver documents in the name of the Foundation. C. Immediate Past President. The immediate past president will counsel the president. D. Secretary. The secretary will keep and have custody of the books and records of the Foundation and the minutes of all meetings, will give all notices required and, when authorized, will execute, attest, seal and deliver documents of the Foundation. E. Treasurer. The treasurer will be responsible for keeping correct and complete books and records of account for the Foundation. V. COMMITTEES The Board may from time to time by resolution of a majority of the Directors then in office designate and appoint one or more committees each of which will consist of at least two Directors, and will have and may exercise such authority as the Board may delegate, except to the extent limited by law. A majority of the members of a committee may fix its rules of procedure. VI. INDEMNITY The Foundation will indemnify and defend each Director, and each Directors heirs, legal representatives and devisees, against all loss, liability or expense (including costs and attorneys fees actually and reasonably incurred) in connection with the defense of any action, suit or proceeding, civil or criminal, in which the Director is made a party by reason of being or having been an officer or Director. The indemnification may include any amounts paid to satisfy a judgment or to compromise or settle a claim. The Director will not be indemnified if the Director is adjudged to have been guilty of willful misconduct or recklessness in the performance of duty to the Foundation. Advance indemnification may be allowed to a Director for expenses to be incurred in connection with the defense of the action, suit or proceeding, if the Director agrees to reimburse the Foundation if it is subsequently determined that the Director was not entitled to indemnification by reason of willful misconduct or recklessness in the performance of duty to the Foundation. VII. These bylaws may be altered, amended or repealed by the Board. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | Form 990 is distributed and approved by the full board of directors before filing with IRS. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | The conflict of interest policy is completed annually by employees and members of the board of directors. A list is compiled with potential conflicts and distributed to key personnel and officers of the board. |
| Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management | The Executive Committee of the Board of Directors determines the salary of the Executive Director. The Compensation Committee reviews the performance of the Executive Director and establishes any salary adjustments based on performance, market, cost of living and other factors. Market analysis is performed approximately every five years by the compensation committee. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | Public inspection of the Foundation's governing documents, conflict of interest policy, and financial statements will be provided upon written request to the executive director or finance manager. |
| Form 990, Part IX, Line 24e: Other Expenses | Communications: Column (A) - Total = $33407; Column (B) - Program Services = $33407; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Dues and subscriptions: Column (A) - Total = $25199; Column (B) - Program Services = $9882; Column (C) - Management & General = $0; Column (D) - Fundraising = $15317 |
| Form 990, Part IX, Line 24e: Other Expenses | Equipment Lease: Column (A) - Total = $6752; Column (B) - Program Services = $3995; Column (C) - Management & General = $941; Column (D) - Fundraising = $1816 |
| Form 990, Part IX, Line 24e: Other Expenses | Fund expenses: Column (A) - Total = $621; Column (B) - Program Services = $621; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Grant expenses: Column (A) - Total = $24961; Column (B) - Program Services = $24961; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Other museum support: Column (A) - Total = $38382; Column (B) - Program Services = $37064; Column (C) - Management & General = $0; Column (D) - Fundraising = $1318 |
| Form 990, Part IX, Line 24e: Other Expenses | Recognition and relations: Column (A) - Total = $35217; Column (B) - Program Services = $32311; Column (C) - Management & General = $992; Column (D) - Fundraising = $1914 |
| Form 990, Part IX, Line 24e: Other Expenses | Repairs and maintenance: Column (A) - Total = $11915; Column (B) - Program Services = $11863; Column (C) - Management & General = $26; Column (D) - Fundraising = $26 |
| Form 990, Part IX, Line 24e: Other Expenses | Taxes and fees: Column (A) - Total = $34060; Column (B) - Program Services = $30165; Column (C) - Management & General = $0; Column (D) - Fundraising = $3895 |
| _ | Form 990, Part III, Line 4a - Program Service Accomplishments, continue from page 2 line 4a:Education Funding-As the primary provider of educational funding, the Foundation operates the Magic Bus program which provides transportation, curriculum, and docent services to the Museum and Casa San Ysidro for approximately 11,750 school children annually. Community programming, including the free Third Thursday program which provides education, art experiences, and musical programs for families, remains one of the most popular events at the Museum each month. Docent training and all its associated costs are provided to the Museum by the Foundation. The Museum School (a childrens art program) is also funded by the Foundation.Membership program-The Museums membership program is managed by the Foundation and provides financial support for associated expenses such as member openings, mailings, a quarterly magazine published by the Foundation, calendar of events, and a website dedicated to keeping members informed of upcoming events. The Foundation operates the Museum Store and oversees the Museum caf, Slate at the Museum, as amenities for members as well as guests. The current membership of the Museum is currently at approximately 2300 households. |
| Software ID: | 19009920 |
| Software Version: | 2019v5.0 |