2026-04-13T13:40:44-07:00 2025-12-31 525066672 Nancy Pressley-Naimark 9718 Apache Ave NE Albuquerque NM 87112 990 2025-01-01 822109038 NEW MEXICO PHILHARMONIC FOUNDATION INC NEWM 5054049808 PO Box 16422 Albuquerque NM 87191 Stephen S Baca President 5054049808 2026-02-23 1 Nancy Pressley-Naimark P00072919 5052288516 2026-02-15 X 2025 2025-03-06 01:10:19Z X Stephen Baca PO Box 16422 Albuquerque NM 87191 1823686 0 X NMPHILFOUNDATION.ORG X 2017 NM THE NEW MEXICO PHILHARMONIC FOUNDATION (NMPF) SEEKS TO PROVIDE SUSTAINABLE, DEDICATED FUNDING FOR THE NEW MEXICO PHIHARMONIC, INC. (NMPHIL,) FUNDING THAT CREATES LONG TERM STABILITY, FUTURE GROWTH AND PERMANENCE THROUGH A TRANSPARENT AND SECURE FIDUCIARY INSTRUMENT FOR DONOR SUPPORT THAT IS DIRECTLY CONTROLLED BY ITS DONORS AND TRUSTEES. THE CORPORATION IS ORGANIZED FOR THE PURPOSES OF USING PRIVATE FUNDS EXCLUSIVELY FOR CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501 (C) (3), AND, WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, WITH EMPHASIS ON THE FOLLOWING SPECIFIC PROJECTS AND ACTIVITIES: PROVIDING A VEHICLE TO PROVIDE LONG-TERM FUNDING TO THE NMPHIL, A NEW MEXICO NONPROFIT CORPORATION; CARRYING OUT ANY PROGRAMS OR ACTIVITIES WHICH MAY BE RELATED THE THE FOREGOING, OR WHICH MAY OTHERWISE PROMOTE AND BENEFIT THE NMPF, AND PERFORMING SUCH OTHER ACTIVITIES AS THE BOARD OF DIRECTORS DEEMS TO BE INCIDENTAL, PROPER, OR NECESSARY. 7 7 0 7 0 0 179804 617427 0 0 249522 190432 0 0 429326 807859 132500 121342 0 0 0 0 0 6264 16208 39873 15395 172373 143001 256953 664858 2633275 3409663 0 0 2633275 3409663 X SEE SCHEDULE O 0 0 121342 121342 617427 TO RECEIVE, HOLD, INVEST, ADMINISTER PRESERVE, AND PROTECT ENDOWMENT FUNDS AND OTHER FINANCIAL RESOURCES TO ASSIST THE NEW MEXICO PHILHARMONIC INC. IN PROVIDING QUALITY CLASSICAL MUSIC, EDUCATION, ENJOYMENT, CULTURAL ENRICHMENTS, AND SUPPLEMENTAL RELATED SERVICES TO THE PEOPLE OF NEW MEXICO. 0 0 0 N/A 0 0 0 N/A 0 0 0 121342 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 NM X NANCY PRESSLEY-NAIMARK 5052288516 P O BOX 1642 ALBUQUERQUE NM 87191 X Stephen Baca President 10 0 X X 0 0 0 Jeffrey Romero Vice-President 2 0 X X 0 0 0 Barbara Rivers Secretary 2 0 X X 0 0 0 Daniel Conklin Treasurer 10 0 X X 0 0 0 Charles Eberle MD Board Member 2 0 X 0 0 0 Thomas Martin MD Board Member 2 0 X 0 0 0 Lee Blaugrund Board Member 2 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 617427 1576 617427 0 98252 98252 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1108007 0 1015827 0 92180 0 92180 92180 0 0 0 0 807859 190432 0 0 121342 121342 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2172 0 2172 0 0 0 0 0 6264 6264 0 0 0 0 3184 3184 2275 2275 957 957 Development Expense 6760 0 0 6760 Taxes & Fees 47 0 47 0 143001 121342 5451 16208 69157 12061 400000 2564030 2997491 88 111 2633275 3409663 0 0 X 1630805 1703302 1002470 1706361 2633275 3409663 2633275 3409663 X 664858 136029 0 -24501 0 2 X 1 X 0 1 0 X X X 1 NEW MEXICO PHILHARMONIC INC 271148446 7 1 121342 0 1 121342 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Schedule A, Part IV, Section C, Line 1 No Board Director has any control of Supported Organization RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1253899 450000 123804 0 121342 0 1706361 1190000 0 196399 0 132500 0 1253899 1240000 0 0 0 50000 0 1190000 1250000 0 0 0 10000 0 1240000 0 1250000 0 0 0 0 1250000 0 1 0 0 0 Schedule D, Part V, Line 4 -The endowments are intended to honor the artistic excellence of the New Mexico Philharmonic and provide support for its mission and vision. Specifically as follows: -$1,250,000 Endowment was created to support the New Mexico Philharmonic Organization and to sponsor an annual special concert, the Concertmaster Chair and other Distributions as detailed in the Foundation's Distribution Policy. -$250,000 Endowment is for the naming of the Principal Oboe for a term of 15 years, Payable to the Foundation $50,000/per year beginning on or before 1/31/2026 -$200,000 Endowment is for the naming of the Section Cello Chair 6 for a term of 15 years, Payable to the Foundation $50,000/per year beginning on or before 12/31/2025 1 New Mexico Philharmonic Inc 3035 Menaul NE Suite 2 Albuquerque NM 87107 271148446 121342 0 To provide support for operating expenses of the New Mexico Philharmonic Inc. 1 0 Schedule I, Part I, Line 2 Management of Supported Organization reports to Board on a quarterly basis. Form 990, Part III (Cont. 1) ORGANIZATIONS MISSION - The New Mexico Philharmonic Foundation seeks to provide sustainable, dedicated funding for the New Mexico Philharmonic, Inc.. Funding that creates long term stability, future growth and permanence through a completely transparent and secure fiduciary instrument for donor support that is directly controlled by its donors and trustees. The purposes for which the corporation is organized are as follows: using private funds exclusively for charitable purposes within the meaning of section 501(C) (3), and, without limiting the generality of the foregoing, with emphasis on the following specific projects and activities: Providing a vehicle to provide long-term funding to the New Mexico Philharmonic, Inc., a New Mexico nonprofit corporation; carrying out any programs or activities which may be related to the foregoing, or which may otherwise promote and benefit the New Mexico Philharmonic Foundation, Inc.; and performing such other activities as the Board of Directors deems to be incidental, proper or necessary to fulfilling the above described purposes and to conduct a nonprofit corporation pursuant to the New Mexico Nonprofit Corporation Act. Form 990, Part VI, Section B, Line 11b Organization's Process to Review Form 990. The Treasurer reviews a draft and circulates the draft to the board for review. Upon approval by the President and the Secretary the form is signed and filed. Form 990, Part VI, Section B, Line 12c ENFORCEMENT OF CONFLICTS POLICY - In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the Directors and members of committees with the governing Board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts and after any discussion with the interested person, he/she shall leave the governing Board or committee meeting while the determination of a conflict of interest is discussed or voted upon. The remaining Board or committee members shall decide if a conflict of interest exists. If it is determined a conflict exists, and if a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing Board or committee shall determine by a majority vote of the disinterested Directors whether the transaction or arrangement is in the organization's best interest, for its own benefit, and whether it is fair and reasonable. Each Director, principal officer and member of a committee with the governing Board shall sign annually a statement regarding the conflicts of interest. Form 990, Part VI, Section C, Line 19 GOVERNING DOCUMENTS DISCLOSURE EXPLATION - The organization makes its governing documents, conflicts of interest policy, financial statements, and tax returns available upon request. Form 990, Part XI, Line 9 Rounding