Civic Intelligence

Farmington Museum Foundation Inc

EIN 85-0334371 • 501(c)3 • Farmington, NM

Profile

To provide funding and research for museum exhibits.

PO Box 115Farmington, NM 87499

www.fmtn.org/INDEX.ASPX?NID=248

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE A • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE A • $1M-$5M nonprofits • Source year 2025

Net Margin

84th percentile

45%

Higher net margin than 84% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE A • $1M-$5M nonprofits • Source year 2025

Asset Growth

38th percentile

-0.5%

Faster asset growth than 38% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

89th percentile

137%

Faster revenue growth than 89% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$1,264,653

Down $6,522 (-0.5%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Down

$1,264,653

Down $6,522 (-0.5%) from 2024

Revenue

Up

$244,852

Up $141,609 (+137%) from 2024

Expenses

Down

$134,064

Down $39,017 (-23%) from 2024

Net Income

Up

$110,788

Up $180,626 (+259%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2012: $959,562Liabilities 2012: $0Net Assets 2012: $959,5622012Assets 2013: $1,281,221Liabilities 2013: $0Net Assets 2013: $1,281,2212013Assets 2014: $1,082,632Liabilities 2014: $0Net Assets 2014: $1,082,6322014Assets 2015: $1,087,929Liabilities 2015: $0Net Assets 2015: $1,087,9292015Assets 2016: $1,059,116Liabilities 2016: $0Net Assets 2016: $1,059,1162016Assets 2017: $1,121,755Liabilities 2017: $0Net Assets 2017: $1,121,7552017Assets 2018: $1,155,231Liabilities 2018: $0Net Assets 2018: $1,155,2312018Assets 2019: $1,244,413Liabilities 2019: $0Net Assets 2019: $1,244,4132019Assets 2020: $1,114,567Liabilities 2020: $0Net Assets 2020: $1,114,5672020Assets 2021: $1,260,640Liabilities 2021: $0Net Assets 2021: $1,260,6402021Assets 2022: $1,203,901Liabilities 2022: $0Net Assets 2022: $1,203,9012022Assets 2023: $1,335,939Liabilities 2023: $0Net Assets 2023: $1,335,9392023Assets 2024: $1,271,175Liabilities 2024: $0Net Assets 2024: $1,271,1752024Assets 2025: $1,264,653Liabilities 2025: $0Net Assets 2025: $1,264,6532025

Highlighted filing

2025

Assets$1,264,653
Liabilities$0
Net Assets$1,264,653

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200K-$400KRevenue 2012: $58,255Expenses 2012: $53,802Net Income 2012: $4,4532012Revenue 2013: $363,029Expenses 2013: $71,743Net Income 2013: $291,2862013Revenue 2014: $68,129Expenses 2014: $23,036Net Income 2014: $45,0932014Revenue 2015: $77,874Expenses 2015: $52,112Net Income 2015: $25,7622015Revenue 2016: $54,176Expenses 2016: $54,178Net Income 2016: -$22016Revenue 2017: $125,396Expenses 2017: $62,757Net Income 2017: $62,6392017Revenue 2018: $57,477Expenses 2018: $24,001Net Income 2018: $33,4762018Revenue 2019: $179,582Expenses 2019: $28,735Net Income 2019: $150,8472019Revenue 2020: -$22,185Expenses 2020: $29,258Net Income 2020: -$51,4432020Revenue 2021: $157,685Expenses 2021: $11,612Net Income 2021: $146,0732021Revenue 2022: $50,926Expenses 2022: $104,602Net Income 2022: -$53,6762022Revenue 2023: $41,490Expenses 2023: $286,112Net Income 2023: -$244,6222023Revenue 2024: $103,243Expenses 2024: $173,081Net Income 2024: -$69,8382024Revenue 2025: $244,852Expenses 2025: $134,064Net Income 2025: $110,7882025

Highlighted filing

2025

Revenue$244,852
Expenses$134,064
Net Income$110,788

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$0.00$1.26$0.24$0.13$0.11
2024Summary only. Only limited summary data is available for this year.$1.27$0.00$1.27$0.10$0.17$0.07
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$0.00$1.34$0.04$0.29$0.24
2022Summary only. Only limited summary data is available for this year.$1.20$0.00$1.20$0.05$0.10$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$0.00$1.26$0.16$0.01$0.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$0.00$1.11$0.02$0.03$0.05
2019Summary only. Only limited summary data is available for this year.$1.24$0.00$1.24$0.18$0.03$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.00$1.16$0.06$0.02$0.03
2017Summary only. Only limited summary data is available for this year.$1.12$0.00$1.12$0.13$0.06$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$0.05$0.05$0.00
2015Summary only. Only limited summary data is available for this year.$1.09$0.00$1.09$0.08$0.05$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$0.07$0.02$0.05
2013Summary only. Only limited summary data is available for this year.$1.28$0.00$1.28$0.36$0.07$0.29
2012Summary only. Only limited summary data is available for this year.$0.96$0.00$0.96$0.06$0.05$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 28, 2026
Return Version
2024v5.0
Gross Receipts
$244,852
Mission and Program Overview

Mission

To provide funding and research for museum exhibits.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,271,175$1,264,653▼ $6,522
Total Assets$1,271,175$1,264,653▼ $6,522
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,273,784$1,156,473▼ $117,311
Net Assets Without Donor Restrictions$-2,609$108,180▲ $110,789
Total Net Assets Fund Balance$1,271,175$1,264,653▼ $6,522
Total Liabilities and Net Assets / Fund Balance$1,271,175$1,264,653▼ $6,522
Compensation and Service Providers

Board Members and Trustees

NameTitle
Doug DykemanPresident
Dave BeaversDirector
Gerry StuckumDirector
Hali MeadorDirector
Kathy HoganDirector
Rebecca MayoDirector
Steve NelsonDirector
Penny JewSecretary
Olena EricksonTreasurer El
Revenue and Support

Revenue Composition

Contributions and Grants
$126,917
Program Service Revenue
$0
Investment Income
$1,348
Other Revenue
$116,587
All Other Contributions
$114,760
Change in Net Assets
$110,788
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$124,297
Salaries, Compensation, and Employee Benefits$9,767
Total Fundraising Expense$637
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$8,307-$8,307
Fees for Service Investment Mgmnt Fees-$2,694-$2,694
Advertising$1,602--$1,602
Payroll Taxes-$1,460-$1,460
Office Expenses-$1,459-$1,459
Conferences and Meetings-$1,458-$1,458
Fees for Services Accounting-$985-$985
Insurance$510--$510
Other Expenses$250-$637$250
Total Functional Expenses$117,064$16,363$637$134,064
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$2,967
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The organization has members

Form 990, Page 6, Part VI, Line 7A

The board elects the orginizations exeuctive officers

Form 990, Page 6, Part VI, Line 7B

The board votes on decisions the organization must make

Form 990, Page 6, Part VI, Line 11B

The treasurer & board review the annual form 990

Form 990, Page 6, Part VI, Line 12C

As a course of business during the annual meeting of the board of directors it is posed to all memebers of the board, officers, and other key employees the question of possible conflicts of interest taht could impair their ability, or be percieved to impair their ability, to work for the best interests of the foundation. If any conflicts are identified they are reviewed by the board and appropriate action is taken.

Form 990, Page 6, Part VI, Line 19

Governing documents and tax forms are avainable to the public upon request

Filing and Contact Details

Filer

Filer Name
Farmington Museum Foundation Inc
EIN
85-0334371
Phone
5055991173
Address
PO BOX 115, FARMINGTON, NM 87499

Signing Officer

Name
Olena Erickson
Title
Treasurer Elect
Phone
5055991173
Signed
2026-01-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Doug Dykeman
Formed
2005
Legal Domicile
Nm
Voting Board Members
4
Independent Board Members
4
Employees
1

Preparer

Firm
Steve Oldfield & Associates
Address
4001 N BUTLER BLDG 2101, FARMINGTON, NM 87401-8438
Preparer
Steve Oldfield
Phone
5053275001
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Provided funding for maintainance and acqusition of museum exhibits

Form 990, Part XI, Line 9

Change in restricted net assets -117,310

Raw XML Appendix361 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt024073
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02582
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt046377
IRS990ScheduleA/OtherIncome170Grp/TotalAmt049962
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IRS990ScheduleA/PublicSupportPY170Pct00.66000
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt024073
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0199312
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IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDED FUNDING FOR MAINTAINANCE AND ACQUSITION OF MUSEUM EXHIBITS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD ELECTS THE ORGINIZATIONS EXEUCTIVE OFFICERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD VOTES ON DECISIONS THE ORGANIZATION MUST MAKE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE TREASURER & BOARD REVIEW THE ANNUAL FORM 990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AS A COURSE OF BUSINESS DURING THE ANNUAL MEETING OF THE BOARD OF DIRECTORS IT IS POSED TO ALL MEMEBERS OF THE BOARD, OFFICERS, AND OTHER KEY EMPLOYEES THE QUESTION OF POSSIBLE CONFLICTS OF INTEREST TAHT COULD IMPAIR THEIR ABILITY, OR BE PERCIEVED TO IMPAIR THEIR ABILITY, TO WORK FOR THE BEST INTERESTS OF THE FOUNDATION. IF ANY CONFLICTS ARE IDENTIFIED THEY ARE REVIEWED BY THE BOARD AND APPROPRIATE ACTION IS TAKEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS AND TAX FORMS ARE AVAINABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CHANGE IN RESTRICTED NET ASSETS -117,310
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
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IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01264653
IRS990/TotalProgramServiceExpensesAmt0117064
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0114968
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0244852
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 115
IRS990/USAddress/CityNm0FARMINGTON
IRS990/USAddress/StateAbbreviationCd0NM
IRS990/USAddress/ZIPCd087499
IRS990/VotingMembersGoverningBodyCnt04
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IRS990/WebsiteAddressTxt0HTTP://WWW.FMTN.ORG/INDEX.ASPX?NID=248
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0OLENA ERICKSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER ELECT
ReturnHeader/BusinessOfficerGrp/PhoneNum05055991173
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-01-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FARMINGTON MUSEUM FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0FARM
ReturnHeader/Filer/EIN0850334371
ReturnHeader/Filer/PhoneNum05055991173
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 115
ReturnHeader/Filer/USAddress/CityNm0FARMINGTON
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203866860
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STEVE OLDFIELD & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04001 N BUTLER BLDG 2101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FARMINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0874018438
ReturnHeader/PreparerPersonGrp/PhoneNum05053275001
ReturnHeader/PreparerPersonGrp/PreparationDt02026-02-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVE OLDFIELD
ReturnHeader/ReturnTs02026-02-04T11:01:13-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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