Civic Intelligence

National Hispanic Cultural Center

EIN 85-0335056 • 501(c)3 • Albuquerque, NM

Profile

The national hispanic cultural center foundation is a 501(c)(3) nonprofit corporation devoted to raising funds in support of the national hispanic cultural center, a division of the new mexico department of cultural affairs. The foundation supports the mission to preserve, promote, and advance hispanic culture, arts, and literary arts programming.

1701 4th Street SWAlbuquerque, NM 87102

www.nhccfoundation.org

Siviq Scores

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

Liabilities / Assets

74th percentile

0.23x

Higher debt load relative to assets than 74% of similar nonprofits.

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

Liabilities / Revenue

77th percentile

0.38x

Higher debt load relative to revenue than 77% of similar nonprofits.

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

Net Margin

24th percentile

-11%

Higher net margin than 24% of similar nonprofits.

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

Top Officer Pay

61st percentile

$79,173

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

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

Asset Growth

20th percentile

-7.0%

Faster asset growth than 20% of similar nonprofits.

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

Revenue Growth

16th percentile

-28%

Faster revenue growth than 16% of similar nonprofits.

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

Assets

Down

$1,407,331

Down $105,684 (-7.0%) from 2024

Liabilities

Up

$330,155

Up $88,836 (+37%) from 2024

Net Assets

Down

$1,077,176

Down $194,520 (-15%) from 2024

Revenue

Down

$861,507

Down $340,971 (-28%) from 2024

Expenses

Up

$958,555

Up $8,914 (+0.9%) from 2024

Net Income

Down

-$97,048

Down $349,885 (-138%) from 2024

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2011: $354,061Liabilities 2011: $892,595Net Assets 2011: -$538,5342011Assets 2012: $307,102Liabilities 2012: $586,813Net Assets 2012: -$279,7112012Assets 2013: $224,506Liabilities 2013: $487,195Net Assets 2013: -$262,6892013Assets 2014: $113,835Liabilities 2014: $301,049Net Assets 2014: -$187,2142014Assets 2015: $270,489Liabilities 2015: $125,835Net Assets 2015: $144,6542015Assets 2016: $308,587Liabilities 2016: $179,878Net Assets 2016: $128,7092016Assets 2017: $464,933Liabilities 2017: $131,199Net Assets 2017: $333,7342017Assets 2018: $733,540Liabilities 2018: $151,427Net Assets 2018: $582,1132018Assets 2019: $1,020,343Liabilities 2019: $113,607Net Assets 2019: $906,7362019Assets 2020: $1,106,199Liabilities 2020: $124,805Net Assets 2020: $981,3942020Assets 2021: $1,465,323Liabilities 2021: $156,570Net Assets 2021: $1,308,7532021Assets 2022: $1,668,553Liabilities 2022: $143,153Net Assets 2022: $1,525,4002022Assets 2023: $1,321,845Liabilities 2023: $351,331Net Assets 2023: $970,5142023Assets 2024: $1,513,015Liabilities 2024: $241,319Net Assets 2024: $1,271,6962024Assets 2025: $1,407,331Liabilities 2025: $330,155Net Assets 2025: $1,077,1762025

Highlighted filing

2025

Assets$1,407,331
Liabilities$330,155
Net Assets$1,077,176

Operations Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MExpenses 2011: $1,273,0892011Expenses 2012: $1,039,7482012Expenses 2013: $660,4552013Revenue 2014: $541,319Expenses 2014: $486,017Net Income 2014: $55,3022014Revenue 2015: $633,071Expenses 2015: $307,963Net Income 2015: $325,1082015Revenue 2016: $570,789Expenses 2016: $584,147Net Income 2016: -$13,3582016Revenue 2017: $873,616Expenses 2017: $674,501Net Income 2017: $199,1152017Revenue 2018: $1,069,696Expenses 2018: $827,789Net Income 2018: $241,9072018Revenue 2019: $1,087,271Expenses 2019: $767,901Net Income 2019: $319,3702019Revenue 2020: $702,804Expenses 2020: $625,403Net Income 2020: $77,4012020Revenue 2021: $868,671Expenses 2021: $599,174Net Income 2021: $269,4972021Revenue 2022: $1,018,099Expenses 2022: $686,940Net Income 2022: $331,1592022Revenue 2023: $432,221Expenses 2023: $1,009,379Net Income 2023: -$577,1582023Revenue 2024: $1,202,478Expenses 2024: $949,641Net Income 2024: $252,8372024Revenue 2025: $861,507Expenses 2025: $958,555Net Income 2025: -$97,0482025

Highlighted filing

2025

Revenue$861,507
Expenses$958,555
Net Income-$97,048

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.41$0.33$1.08$0.86$0.96$0.10
2024Detailed filing. Detailed filing data is available for this year.$1.51$0.24$1.27$1.20$0.95$0.25
2023Detailed filing. Detailed filing data is available for this year.$1.32$0.35$0.97$0.43$1.01$0.58
2022Detailed filing. Detailed filing data is available for this year.$1.67$0.14$1.53$1.02$0.69$0.33
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.16$1.31$0.87$0.60$0.27
2020Detailed filing. Detailed filing data is available for this year.$1.11$0.12$0.98$0.70$0.63$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.02$0.11$0.91$1.09$0.77$0.32
2018Detailed filing. Detailed filing data is available for this year.$0.73$0.15$0.58$1.07$0.83$0.24
2017Detailed filing. Detailed filing data is available for this year.$0.46$0.13$0.33$0.87$0.67$0.20
2016Detailed filing. Detailed filing data is available for this year.$0.31$0.18$0.13$0.57$0.58$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.27$0.13$0.14$0.63$0.31$0.33
2014Detailed filing. Detailed filing data is available for this year.$0.11$0.30$0.19$0.54$0.49$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.49$0.26$0.66
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.59$0.28$1.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.89$0.54$1.27
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 26, 2026
Return Version
2024v5.0
Gross Receipts
$996,006
Mission and Program Overview

Mission

The national hispanic cultural center foundation is a 501(c)(3) nonprofit corporation devoted to raising funds in support of the national hispanic cultural center, a division of the new mexico department of cultural affairs. The foundation supports the mission to preserve, promote, and advance hispanic culture, arts, and literary arts programming.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$701,352$425,865▼ $275,487
Investments in Publicly Traded Securities$347,707$385,265▲ $37,558
Investments Other Securities$241,327$258,837▲ $17,510
Pledges and Grants Receivable$180,832$156,146▼ $24,686
Land, Buildings, and Equipment, Net$32,703$144,740▲ $112,037
Accounts Receivable$4,360$23,250▲ $18,890
Prepaid Expenses and Deferred Charges$4,734$2,728▼ $2,006
Total Assets$1,513,015$1,407,331▼ $105,684
Other Assets Total-$10,500-
Liabilities
Other Liabilities$4,196$148,574▲ $144,378
Deferred Revenue$211,794$144,821▼ $66,973
Accounts Payable and Accrued Expenses$25,329$36,760▲ $11,431
Total Liabilities$241,319$330,155▲ $88,836
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,343,070$826,901▼ $516,169
Net Assets Without Donor Restrictions$-71,374$250,275▲ $321,649
Total Net Assets Fund Balance$1,271,696$1,077,176▼ $194,520
Total Liabilities and Net Assets / Fund Balance$1,513,015$1,407,331▼ $105,684

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$77,796$42,800$120,596
Other Land Buildings$66,944$22,950$89,894
Other Securities$114,774--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$576,639-▲ $56,953$149,009$484,583
2023$519,101-▲ $67,767$10,229$576,639
2022$486,453$532▲ $61,484$29,368$519,101
2021$427,257$107,000▼ $47,804-$486,453
2020$381,513-▲ $58,778$13,034$427,257
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Melissa Pacheco-armijoCOO ThroughFT$74,601$4,572$79,173
Ernest Rodriguez-naazCEO From DecFT$10,000-$10,000
Revenue and Support

Revenue Composition

Contributions and Grants
$902,217
Program Service Revenue
$0
Investment Income
$22,125
Other Revenue
$-62,835
All Other Contributions
$136,285
Change in Net Assets
$-97,048

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table4$40,694Fair Market Value (FMV)
Total Noncash Contributions4$40,694-

Audited Revenue Reconciliation

Revenue per Audited Statements
$861,507
Revenue Not Reported on Form 990
$87,285
Total Revenue per Audited Statements
$948,792
Total Revenue per Form 990
$861,507
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$647,720
Salaries, Compensation, and Employee Benefits$310,835
Total Fundraising Expense$32,050
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$179,202$13,007-$192,209
Current Officers, Directors, Trustees, and Key Employees$58,156$72,696$14,539$145,391
Other Salaries and Wages$49,172$61,465$12,293$122,930
Fees for Services Accounting$59,028$52,647-$111,675
All Other Expenses$19,853$21,341$245$41,439
Payroll Taxes$9,750$12,187$2,437$24,374
Other Employee Benefits$5,988$7,485$1,497$14,970
Depreciation Depletion$10,954--$10,954
Other Expenses$10,050$14,598-$10,050
Fees for Services Legal$4,324$3,856-$8,180
Advertising$7,361-$722$8,083
Insurance-$6,060-$6,060
Pension Plan Contributions$1,268$1,585$317$3,170
Fees for Services Lobbying$303$271-$574
Total Functional Expenses$659,307$267,198$32,050$958,555

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,143,312
Expenses per Audited Statements$958,555
Total Expenses per Form 990$958,555
Expenses Not Reported on Form 990$184,757
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$130,860
Fundraising Gross Income$67,305
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Maravilla$683,556$58,973$41,844$17,129
Hispanic Cultur$30,500$1,200$3,724$-2,524
Total Events$728,259$67,305$130,860$-63,555
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$144,063
Rental Deposits$4,511
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Edward lujan louanne byrd emerit memb. Past chair father of louanne byrd louanne byrd kenny byrd past chair director mother of kenny byrd

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

The prepared form 990 will be provided to the board electronically for its review. The board will then hold an electronic/telephonic meeting to review and vote on the prepared form 990.

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

Nhccf annually reviews its conflict of interest policy with members of its board of trustees and staff. Each fills out a form acknowledging review of the policy and disclosing any conflicts per the policy annually. In addition, conflicts are disclosed as they arise throughout the course of the year, and disclosures are recorded in writing and kept in the nhccfs files. The nhccf conflict of interest policy applies to members of the board of trustees and its staff. The nhccf director makes determinations of conflicts of interest related to staff, and the board of trustees makes determinations of conflicts of interest related to the director and fellow board members. All conflicts of interest are governed by this policy, i.e. There is no minimum threshold for a conflict to trigger the policy. When a conflict exists, it must be disclosed, the interested person is excused from any decision making related to the matter in conflict, and any duties normally held by the conflicted person are assigned to a disinterested person.

Form 990, Page 6, Part VI, Line 15A

The process for determining compensation of the ceo involves review and approval by the board, comparability data, and contemporaneous substantiation of the deliberation and decision. The ceo uses the same process to determine compensation for any key employees of the foundation.

Form 990, Page 6, Part VI, Line 19

Governing documents, policies, financial statements, and the irs form 990 are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
National Hispanic Cultural Center
EIN
85-0335056
Phone
5057669858
Address
1701 4TH STREET SW, ALBUQUERQUE, NM 87102

Signing Officer

Name
Ernest Rodriguez-naaz
Title
CEO From Dec. 2024
Phone
5057669858
Signed
2026-02-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deanza Valencia
Formed
1983
Legal Domicile
Nm
Voting Board Members
20
Independent Board Members
20
Employees
7
Volunteers
20

Preparer

Firm
Pulakos Cpas Pc
Address
6753 ACADEMY RD NE, ALBUQUERQUE, NM 87109
Preparer
Robert a Depasquale CPA
Phone
5053381500
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The national hispanic cultural center foundation is a 501(c)(3) nonprofit corporation devoted to raising funds in support of the national hispanic cultural center, a division of the new mexico department of cultural affairs. The foundation supports the mission to preserve, promote, and advance hispanic culture, arts, and literary arts programming.

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

Art museum & visual arts program - the nhcc foundation supports the nhcc's art museum and visual arts program that collects, preserves, researches, exhibits, and interprets hispanic works of art from throughout the world. The art museum uses its 11,000 square feet to display local, national, and international artwork from the hispanic and latino diaspora since opening its doors in october 2000. The nhcc art museum has featured over sixty acclaimed art exhibitions. The centers permanent collection is comprised of approximately 2,000 accessioned objects and some 600 promised gifts, which are rotated on a regular basis into aqui estamos- the permanent exhibition in the art museum. The visual arts program is currently partially supported through grant funding and private donations, with the goal to increase these and other sources of funding.

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

Other program services: history and literary arts program - the nhccf supports the nhccs history & literary arts program that documents, preserves, and makes accessible hispanic history, cultural traditions, and literature. The nhcc library collections encompass books, periodicals, microfilm, video, audio recordings, and long-playing sound recordings concentrated on the history of hispanics and latinos worldwide. The nhcc archives is a repository for rare books, photo and manuscript collections, and the personal papers of prominent new mexicans. The hla program further fulfills its mission through lectures, book signings and book readings, historical and literary exhibits, and short courses. The history and literary arts program is partially supported through grant funding and private donations, with the goal to increase these and other sources of funding. Education program - the nhcc's education program is supported heavily from grant revenue, tuition, corporate sponsorships and private donations. With this support, the education program provides motivating and meaningful educational opportunities for the community in the humanities and sciences through the lens of hispanic culture and history, the program serves between 2,000 and 6,000 people each month, and offers school day events, family events, community programming, exhibitions, online resources, summer institutes, and teacher training.

Form 990, Part IX, Line 11G

Contract labor 179,202 13,007 0

Form 990, Part XI

Line 9 explanation: the endowment holder did not believe that the foundation used the endowment fund in accordance with the donor's wishes. The foundation disagreed. After several years of back and forth, the donor requested that the full balance of the fund be returned to them. The foundation agreed and paid the corpus plus earnings back out to the donor. The total was 144,063.

Form 990, Part XI, Line 9

Return of endowment funds-see schdedule o explanation -144,063

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

New mexico community foundation endowment fund (nmcfef): in may 2008, the foundation entered into a fund agreement in perpetuity with the nmcf. The agreement includes matching conditions and restricts the draw of monies by the foundation from the fund for use exclusively by the center for its programs related to collaborative leadership in diverse communities. The available annual distribution from the fund and matching fund will be the annually approved draw percentage, generally 4% to 5%, of the average market value (determined as the average of the previous twelve quarters ending quarterly market values) calculated by march 1 of each year. In no event may a distribution be made if that would cause the fund balance to fall below the original gift value.

Schedule D, Page 3, Part X

The foundation is a nonprofit entity that is exempt from income taxes under section 501(c)(3) of the internal revenue code and classified by the internal revenue service (irs) as other than a private foundation. The foundation files their federal form 990 tax return in the u.s. Federal jurisdiction and the online charitable registration in the office of the attorney general for the state of new mexico. The foundation is not currently under audit nor has the foundation been contacted by any of these jurisdictions. Management believes that they are operating within their tax-exempt purpose.

Schedule D, Page 4, Part XII, Line 2D

Return of endowment funds-see schdedule o explanation 144,063

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