Kit Carson House INC FY2022 filing

Tax-deductible

Taos, NM501(c)(3)Since 2021Arts & CultureEIN 86-3924006Revenue $250K in FY2022

On file with the IRS113 Kit Carson Rd, 87571-5949 · Taos, NMTax-exempt since Feb 2022Publicly supported — 509(a)(2)

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To inform the public about the life,accomplishments and experiences of christopher Kit Carson during americas expansion to the west and to preserve the Carson family home and artifacts for visitors and future generations.

501(c)(3) charity; gifts are tax-deductible.
30¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $38K a year · 18% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
30%
of spending
Concern: 30% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
10 mo
of spending, in cash
Looks good: 9.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $50K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1K
0.9% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$250K
Spent
$129K
To programs
30%
Net assets
$152K
By yearFY2022–FY2025
Revenue
$250K
FY2022
Revenue by fiscal year
FY2022$250K
FY2023$123K
FY2024$188K
FY2025$294K
Expenses
$129K
FY2022
Expenses by fiscal year
FY2022$129K
FY2023$158K
FY2024$163K
FY2025$253K
Net assets
$152K
FY2022
Net assets by fiscal year
FY2022$152K
FY2023$115K
FY2024$1.8M
FY2025$1.8M

From the FY2022 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

30 cents of each dollar spent went to programs.

Program services 30% · $39K Management & general 53% · $69K Fundraising 17% · $22K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Kit Carson House INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Preserves Kit Carson's home and artifacts, sharing his life and Western expansion story.

Provided by the organization

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1 program · $39K · in their own filed words · FY2022
01

Organized and will be operated exclusively for charitable purposes to protect, preserve and maintain the Kit Carson House, adjacent buildings and grounds, located in Taos County as a designated National Historic Landmark consistent with the National Historic Preservation Act of 1966.

$39Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$50K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$250K
Ln 12
Gifts and grantsLn 1h$141K
Fees for servicesLn 2g$90K
Other incomeLn 4–11$18K
Money outPt IX
$129K
Ln 25
Programscol B$39K
Managementcol C$69K
Fundraisingcol D$22K
Owns and owesPt X
$152K
net assets · Ln 32
Cash and savingsLn 1–2$102K
Total assetsLn 16$153K
LiabilitiesLn 26$1K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$141K
Government grantsLn 1e$40K
Fees for servicesLn 2g$90K
Investment incomeLn 3$539
Other incomeLn 4–11$18K
Gains on assetsLn 7$0
Total revenueLn 12$250K
Assets in detailPt X, end of year
CashLn 1$102K
SavingsLn 2$0
Cash and savings togetherLn 1–2$102K
InvestmentsLn 11–13$11K
Land, buildings, equipmentLn 10c$40K
Other assetsLn 15$0
Total assetsLn 16$153K
LiabilitiesLn 26$1K
Net assetsLn 32$152K
OperationsPt I, VI
EmployeesI 55
VolunteersI 62
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$36K$102K
InvestmentsLn 11–13$11K
Land, buildings, equipmentLn 10c$40K
Total assetsLn 16$36K$153K
LiabilitiesLn 26$2K$1K
Net assetsLn 32$34K$152K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$46K$23K$23K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$4K$2K$2K
Management feesLn 11a$0
Legal feesLn 11b$687$687
Accounting feesLn 11c$9K$9K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$156$109$47
Office expensesLn 13$11K$11K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$19K$13K$6K
TravelLn 17$107$107
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$299$299
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$31K$13K$18K
All other expensesLn 24e$5K$2K$3K
Total functional expensesLn 25$129K$39K$69K$22K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $294K$253K$41K$1.8M 990 PDF
FY2024 $188K$163K$25K$1.8M 990 PDF
FY2023 $123K$158K−$36K$115K 990 PDF
FY2022 Viewing $250K$129K$120K$152K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $249,535 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,212$141,253
I-9 Program service revenuePrior year $74,408$90,059
I-10 Investment incomePrior year $1$539
I-11 Other revenue$17,684
I-12 Total revenuePrior year $77,621$249,535
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $30,160$50,107
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $11,365$79,218
I-18 Total expensesPrior year $41,525$129,325
I-19 Revenue less expensesPrior year $36,096$120,210
Part VI · Governance 6 of 6 board members independent, 1 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-12a Written conflict of interest policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $249,535 across 10 lines filed
Lines not itemized here account for $17,684 of total revenue; see the IRS return.
VIII-1e Government grants$39,835
VIII-1f All other contributions, gifts and grants$101,418
VIII-1h Total contributions, gifts and grants$141,253
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $90,059$90,059
VIII-3 Investment incomeExcluded from tax $539$539
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $107,743 · Excluded from tax $539$249,535
Part IX · Statement of functional expenses $129,325 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $23,116 · Management $23,115$46,231
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $1,938 · Management $1,938$3,876
IX-11a Management fees$0
IX-11b Legal feesManagement $687$687
IX-11c Accounting feesManagement $8,828$8,828
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionPrograms $109 · Fundraising $47$156
IX-13 Office expensesManagement $10,570$10,570
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $13,491 · Management $5,782$19,273
IX-17 TravelManagement $107$107
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $299$299
IX-23 InsuranceManagement $2,799$2,799
IX-24 Other expenses (24a–d)Management $12,803 · Fundraising $18,392$31,195
IX-24e All other expensesManagement $2,108 · Fundraising $3,196$5,304
IX-25 Total functional expensesPrograms $38,654 · Management $69,036 · Fundraising $21,635$129,325
Part X · Balance sheet $153,179 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $36,065$102,080
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$39,664
X-11 Publicly traded securities$11,435
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $36,065$153,179
X-25 Other liabilitiesStart of year $2,086$1,438
X-26 Total liabilitiesStart of year $2,086$1,438
X-32 Total net assets or fund balancesStart of year $33,979$151,741
X-33 Total liabilities and net assetsStart of year $36,065$153,179
Part XI · Reconciliation of net assets $151,741 net assets at year end
XI-1 Total revenue$249,535
XI-2 Total expenses$129,325
XI-3 Revenue less expenses$120,210
XI-4 Net assets at start of year$33,979
XI-5 Net unrealized gains (losses) on investments−$2,448
XI-10 Net assets at end of year$151,741

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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