Mountain and Valley Wool Association Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO ENABLE INDIVIDUALS AND GROUPS IN NEW MEXICO, COLORADO, AND TEXAS, WHO ARE INVOLVED IN GROWING WOOL AND CREATING WOOL PRODUCTS TO DEVELOP PROGRAMS TO MEET THEIR TECHNILOGICAL, PRODUCTION, MAKETING, FINANCE, BUSINESS, AND OTHER RELATED NEEDS.
- Income
- $41,426
- Spending
- $51,406
- Reserves
- 5.2 months of spending
- Largest source of income
- other income, 74%
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)
- $31,628 spent. The Wool Festival is an annual event produced by the Mountain and Valley Wool Association, which takes place the first weekend in October. The event takes place in Santa Fe, New Mexico with approximately 60 fiber vendors and approximately 5 food vendor booths. Workshops are held during the 2 to 3 days prior to the wool festival weekend, in locations in the Town of Santa Fe. Wool Festival events include sheep shearing demonstrations, a fiber animal exhibit, fiber art demonstrations, hands-on projects for children, live music, competitions (described in more detail below) and a silent auction.Competitions include the Wool/Fleece Competition and Show, the Yarn Competition and Show and the Garment and Home Accessories Contest. Wool growers, Hand Spinners and Fiber Artisans are invited to submit their products and work for judging and exhibit. There are typycally over 100 participants in these competitions each year.Workshops feature regional and nationally known fiber artists and instructors. Participants and instructors for these workshops come from across the US. Many of the workshops take place over multiple days. There are typically 100 to 150 workshop attendees each year.The Taos Wool Festival has an annual attendance of approximately 4000-5000.
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 November 6, 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 2025.
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 2016.
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 November 4, 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.