New Mexico in Depth Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
New Mexico in Depth produces journalism with an eye on solutions that can be a catalyst for change
- Income
- $469,421
- Spending
- $429,455
- Spent on programs
- 68%
- Reserves
- 18.4 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 3
- Volunteers
- 0
- Highest pay
- $85,000, director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 95 out of 100. Higher than 86% of charities in its peer group (arts and culture, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 18.4 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 9% of income.
Income trend
10 of 15Income fell 3% on the year before.
Spending floor
15 of 1568% of spending went to programs and raising each dollar of donations cost 12 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 79 out of 100. Higher than 61% of charities in its peer group (arts and culture, $250k to $1m).
Independent board
18 of 253 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 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 (3)
- $90,000 spent. Investigative Reporting In a collaboration with Big Local News at Stanford University and a USA Today investigative reported, NMID dug into court records, state documents and a database to assess gaps in oversight of New Mexicos assisted living facilities. We also looked at how local economic development can live or ide depending on international markets and trade practices of other countries, showcasing a complicated web of factors outside New Mexicos control that threatened the promise of 1800 jobs outside the fossil fuel sector.
- $106,000 spent. Good Government Reporting New Mexico in Depth reported on the money going to state lawmakers on key issues such as an effort to reform the states alcohol policies, including contributions from lobbyists and their employers. We also provided insight into how industries fund dark money groups through a series of stories about a new dark money group operating prior to the states primary election. We continued to report on the states independent ethics commission and the progress it has made in creating a new culture of disclosure among the states public officials. And we launched a new project that will result in a new interactive money-in-politics web portal in 2024.
- $96,000 spent. Indigenous Affairs and Education In a series of stories in 2024 NMID investigated the fatal police shooting of a 17-year-old Mescalero Apache boy; explored Native American voters complex feelings about the 2024 election in collaboration with NM PBS; wrote about the high rates NM college students, particularly Native Americans and Blacks, struggle to find stable housing and food; continued reporting on the crisis of missing and murdered Indigenous people; and wrote about a movement to grow the number of Indigenous doulas and midwives to address the high rate of Indigenous women dying from pregnancy-related causes.
Source: Form 990 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 October 2014.
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.