AArts, Culture & HumanitiesEIN: 271148446· Ruling Year: 2010

New Mexico Philharmonic Inc

Albuquerque, New Mexico

BHealth Score
56B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.08×
Peer Median210.95×
💰
$2.4M
Total Revenue
📊
$2.6M
Total Expenses
🏦
$202K
Net Assets
📋
$613K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-8.3%
Year-over-year change (2022 → 2023)
Net Margin
-9.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.08
Net assets divided by total expenses
Liabilities-to-Assets
75.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,416,8038%$2,639,8872%$814,68521%
2022$2,636,40245%$2,689,648135%$1,029,9834%
2021$1,814,6971%$1,143,99841%$1,077,927135%
2020$1,791,72224%$1,946,98917%$458,93327%
2019$2,350,0544%$2,358,6193%$625,5399%
2018$2,269,54120%$2,287,12715%$575,9294%
2017$1,889,8409%$1,982,28010%$551,48423%
2016$2,073,426$2,205,1928%$711,85014%
2015$2,068,00314%$2,037,3696%$623,38210%
2014$1,813,08010%$1,923,0833%$689,4653%
2013$2,022,939176%$1,981,416179%$713,69415%
2012$733,36447%$709,881222%$621,32064%
2011$498,884$220,710$377,732

Frequently Asked Questions

What does New Mexico Philharmonic Inc do?

New Mexico Philharmonic Inc is a arts, culture & humanities nonprofit organization based in New Mexico. It is classified under NTEE code A69 and is registered as a 501(c) tax-exempt organization with the IRS.

Is New Mexico Philharmonic Inc financially healthy?

Based on our 9-metric Financial Health Score model, New Mexico Philharmonic Inc has a score of 56/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does New Mexico Philharmonic Inc generate?

New Mexico Philharmonic Inc reports $3.1M in annual revenue and holds $837K in total assets, based on IRS filings.

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New Mexico Philharmonic Inc — Albuquerque, NM | GiveScope