State Library of New Mexico Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Foundation funds New Mexico State Library's innovative programming, empowering libraries as community resource centers that enhance the economic, social and educational well-being of all New Mexicans.
- Income
- $122,701
- Spending
- $136,762
- Reserves
- 5.2 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
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
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 (1)
- $134,272 spent. The New Mexico State Library Foundation supports New Mexicos 103 public libraries, including through the national Libraries as Launchpads program, a collaboration between the NM State Library and Creative Startups, to support for small businesses and entrepreneurs through their local library. Five individual libraries and one county library system hosted business Pre-accelerator programs. Six pre-accelerator workshops and six peer-to-peer meet-ups were hosted in each of the 6 locations (72 individual sessions); 42 people signed up for Pre-accelerator series. The Foundation also supported the Social Wellbeing Tools in Action Program. New Mexico State Library worked with 15 rural New Mexico librarians to receive mentoring and guidance to help them develop an understanding of post pandemic needs in their communities, using an established set of social wellbeing tools from the Rural Libraries and Social Wellbeing project. Coming out of a pandemic, rural libraries and the community members they serve face the challenge of reestablishing mutual support, rebuilding social connection, and strengthening resiliency. The tools prioritize community engagement and dialogue, with a focus on reaching the isolated and marginalized, as a foundation for taking action to improve wellbeing in the community. The libraries received small seed grants to support wellbeing projects. The Rural Services Program includes the Books by Mail Program and three statewide rural bookmobiles programs. All of the Rural Services Programs are funded by LSTA, a federal grant. Eight employees travel 64,000 miles on average annually and serve over 5,000 library card holders at 95 stops with annual circulation over 20,000. The Books by Mail program provides library services to readers who are homebound or unable to visit a public library, and people who can only read large print books due to a visual disability. Books by Mail serves over 250 households statewide with an annual circulation 2,859. Materials circulated by Books by Mail include paperback books in regular and large print, CDs, and magazines in addition to distributing Free Matter for the Blind as provided by the Library for the Blind and Print Disabled. The bookmobiles carry a collection of up to 3,000 books on the vehicle. Materials include hardcover and paperback books, DVDs, Audiobooks on CD, and take-home activity kits. Registered bookmobile users can also use their library cards to access the digital library collection from Hoopla that includes eBooks, eAudiobooks, comics, movies, TV shows, and music.
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 July 2017.
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.