Nob Hill Mainstreet
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The primary purpose of Nob Hill Main Street Inc. is to promote the revitalization of the Nob Hill historic neighborhoods commercial district in Albuquerque New Mexico along and adjacent to historic Route 66 through activities that focus on education historic preservation quality design and beautification of the district as well as promotion of community and civic pride.
- Income
- $102,450
- Spending
- $97,936
- Reserves
- 2.2 months of spending
- Largest source of income
- donations and private grants, 100%
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 59 out of 100. Higher than 29% of charities in its peer group (arts and culture, under $250k).
Reserves
10 of 35Spendable reserves would cover 2.2 months of spending.
Debt
16 of 20It owes 20% of what it owns.
Living within its means
15 of 15Income exceeded spending by 4% of income.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (6)
- Not held in 2024. Taste of Nob Hill. Over the years the goal of the event has been to introduce consumers to new businesses in Nob Hill and remind them of the main stays in the District. The event sold out 500 tickets in May 2023. The event involved 15 local businesses from the District for a tasting event of food and beverage. With our social media partner Siarza we delivered a month long focused campaign highlighting the participating restaurants breweries etc.Taste of Nob Hill has added to our overall recurring event roster which includes Route 66 Summerfest Shop & Stroll Twinkle Light Parade.
- Scheduled for Phase 3 completion 7 2025. Festoon Cafe Lighting capital outlay project. Phase Two completion 2023. Note: final Phase Three expected completion 2024; From 2022: Phase One completed 2022 along Central Avenue between Girard and Carlisle. This project added much needed lighting to Central Avenue providing a welcoming atmosphere for visitors to Nob Hill. This initial phase was approximately $200,000 and involved a partnership between Nob Hill Main Street NM Main Street and the City of Albuquerque. Phase Two will be Carlisle to Monteclaire for $157,000 and installation planned for Spring Summer 2023. Phase Three final will be Spring Summer 2024....budget to be determined. All funds were handled between NM State City of Albuquerque and City approved vendor.
- Nob Hill Music Series. Continued in 2023 into 2024. Note: This program was launched in 2022. With a $5000 grant award Nob Hill Main Street planned and executed 25-30 musician artist shows throughout the District. The goal was to provide activities during brunch happy hour retail events and more. The shows generally were 2 hour sets and featured singled duet and trio musicians. Branding the event and series has provided an opportunity to reach merchants throughout the District.
- Yiftee Gift Card Program - continues as part of district in 2024. As of 2024; 26 merchants particpating in the Yiftee gift card program. No grant funds received in 2024; however the program continues with direct consumer to business gift card use. Note from 2022: $5000 grant to fund start of gift cards in Nob Hill; as of end of the fiscal year we had 22 participating businesses.Social Media and Website - with our partner Siarza Social Digital we have continue to maintain and curate a strong social media presence across multiple platforms including Facebook Instagram Twitter. Additionally we have updated and continue to maintain a strong and current website.
- Rhythm & Roots on Route 66 launched. Awarded Visit ABQ grant to utilize funds to support Route 66 Centennial preparations. Funding will be utilized for Spring 2025. Will feature music food and beverage to highlight Route 66 and local businesses.
- Instagram REELS Initiative - Siarza our social media and public relations partner. Effort at the end of 2024 to get out positive content on district address negative news stories ie ONiells Slice Parlor etc. 20 business owners stakeholders participated and assisted with interviews op-eds etc. Additionally we made a big push with our "Reel" initiative during December 2024 and getting out video content from existing businesses etc.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 2010.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.