Facts and Financials
The NHCC Foundation is a 501(c)(3) non-profit, charitable organization governed by a volunteer Board of Trustees that exists to raise funds for the needs of the NHCC. The NHCC is a state institution – a division within the New Mexico Department of Cultural Affairs – and is governed by the NHCC Executive Director and a Board of Directors appointed by the Governor of the State of New Mexico. As a government institution, it receives significant operational support from the State of New Mexico.
However, the NHCC receives no public funding for its programs. This means that 100 percent of the NHCC’s programming and exhibitions are made possible purely through the support of donors and sponsors that contribute to the NHCC Foundation.
This dual public/private support enables the NHCC to have a tremendous impact on the local economy annually, including:
- Providing some 30,000 New Mexico students with educational experiences at and through the NHCC.
- Providing over $150,000 worth of in-kind services to performing arts companies, directly contributing to the vibrant performing arts network in Albuquerque and New Mexico.
- Contributing nearly $700,000 to New Mexico-resident artists and performing arts companies.
- Welcoming over 31,000 people to Albuquerque, NM generating an indirect economic impact for Albuquerque of more than $9.3 million.
To demonstrate our transparency and work, the below financial information is made available for the public.
What is the difference between the NHCC Foundation and the NHCC?
The NHCC Foundation is a 501(c)(3) non-profit, charitable organization that exists to raise funds for the needs of the NHCC and is governed by a volunteer Board of Trustees. The NHCC is a state institution – a division within the New Mexico Department of Cultural Affairs – and is governed by the NHCC Executive Director and a Board of Directors appointed by the Governor of the State of New Mexico. The NHCC presents over 700 events and dozens of exhibitions a year, and operates the 20-acre campus on which the NHCC and NHCC Foundation exist. The NHCC Foundation operates a membership program in coordination with the NHCC, holds member events, and carries out many different fundraising initiatives.
The Foundation works directly with individuals, corporations and other foundations to optimize their support of the National Hispanic Cultural Center. The staff is available to assist with recognition opportunities, sponsorship, planned giving, memberships and so much more!