Skip to content
ProPublica Donate

New Mexico Tax Research Institute

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Public, Society Benefit — Multipurpose and Other / Research Institutes and/or Public Policy Analysis (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$210k (2024)

Expenses
$250k (2024)

Total Assets
$192k (2024)

Total Liabilities
$8.59k (2024)

Years with missing data
Source: Form 990 tax filings from 2012 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$209,532
Expenses
$250,342
Net Income
-$40,810
Net Assets
$183,094
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $126,250
60.3%
Interest Revenue $1,057
0.5%
Dividends $0
Sales of Assets $0
Other Income $82,225
39.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $174,278
69.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $191,680
Total Liabilities $8,586
Net Assets $183,094
Compensation
Key Employees and Officers Compensation Other
Richard L Anklam (President) $174,278 $0
Charles I Wellborn (Director) $0 $0
Brian Mc Donald (Chairman) $0 $0
James O'neill (Director) $0 $0
Aj Forte (Director) $0 $0
Nancy King (Director) $0 $0
Tim Van Valen (Director) $0 $0
Leslie Simmons (Director) $0 $0
Larry Morris (Director) $0 $0
Suzanne Bruckner (Vice Chair) $0 $0
Steve Keene (Treasurer) $0 $0
Tracey Sprouls (Director) $0 $0
David Slater (Director) $0 $0
Tom Sellers (Director) $0 $0
Steve Perry (Director) $0 $0
Marcus Mims (Director) $0 $0
Jim Frasier (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$207,909
Expenses
$243,959
Net Income
-$36,050
Net Assets
$223,904
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $133,750
64.3%
Interest Revenue $2,128
1.0%
Dividends $0
Sales of Assets $0
Other Income $72,031
34.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $168,826
69.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $234,916
Total Liabilities $11,012
Net Assets $223,904
Compensation
Key Employees and Officers Compensation Other
Richard L Anklam (President) $168,826 $0
Charles I Wellborn (Director) $0 $0
Brian Mc Donald (Chairman) $0 $0
James O'neill (Director) $0 $0
Nancy King (Director) $0 $0
Tim Van Valen (Director) $0 $0
Leslie Simmons (Director) $0 $0
Grant Welker (Director) $0 $0
Bill Fulginiti (Director) $0 $0
Larry Morris (Director) $0 $0
Suzanne Bruckner (Director) $0 $0
Steve Keene (Treasurer) $0 $0
Tracey Sprouls (Director) $0 $0
David Slater (Director) $0 $0
Tom Sellers (Director) $0 $0
Steve Perry (Director) $0 $0
Marcus Mims (Director) $0 $0
Jim Frasier (Director) $0 $0
Tony Popp (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$187,977
Expenses
$219,612
Net Income
-$31,635
Net Assets
$259,954
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $142,789
76.0%
Interest Revenue $315
0.2%
Dividends $0
Sales of Assets $0
Other Income $44,873
23.9%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $163,909
74.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $272,370
Total Liabilities $12,416
Net Assets $259,954
Compensation
Key Employees and Officers Compensation Other
Richard L Anklam (President) $163,909 $0
Charles I Wellborn (Director) $0 $0
Brian Mc Donald (Chairman) $0 $0
James O'neill (Director) $0 $0
Nancy King (Director) $0 $0
Tim Van Valen (Director) $0 $0
Leslie Simmons (Director) $0 $0
Grant Welker (Director) $0 $0
Bill Fulginiti (Director) $0 $0
Larry Morris (Director) $0 $0
Suzanne Bruckner (Director) $0 $0
Steve Keene (Treasurer) $0 $0
Tracey Sprouls (Director) $0 $0
David Slater (Director) $0 $0
Tom Sellers (Director) $0 $0
Steve Perry (Director) $0 $0
Marcus Mims (Director) $0 $0
Jim Frasier (Director) $0 $0
Tony Popp (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$248,428
Expenses
$250,325
Net Income
-$1,897
Net Assets
$291,589
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $138,250
55.6%
Interest Revenue $29
0.0%
Dividends $0
Sales of Assets $0
Other Income $110,149
44.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $174,135
69.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $297,001
Total Liabilities $5,412
Net Assets $291,589
Compensation
Key Employees and Officers Compensation Other
Richard L Anklam (President) $174,135 $0
Charles I Wellborn (Director) $0 $0
Brian Mc Donald (Chairman) $0 $0
James O'neill (Director) $0 $0
Nancy King (Director) $0 $0
Tim Van Valen (Director) $0 $0
Leslie Simmons (Director) $0 $0
Grant Welker (Director) $0 $0
Bill Fulginiti (Director) $0 $0
Larry Morris (Director) $0 $0
Suzanne Bruckner (Director) $0 $0
Steve Keene (Treasurer) $0 $0
Tracey Sprouls (Director) $0 $0
David Slater (Director) $0 $0
Tom Sellers (Director) $0 $0
Steve Perry (Director) $0 $0
Marcus Mims (Director) $0 $0
Jim Frasier (Director) $0 $0
Tony Popp (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$255,131
Expenses
$228,907
Net Income
$26,224
Net Assets
$293,486
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $186,036
72.9%
Interest Revenue $121
0.0%
Dividends $0
Sales of Assets $0
Other Income $68,974
27.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $154,500
67.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $301,809
Total Liabilities $8,323
Net Assets $293,486
Compensation
Key Employees and Officers Compensation Other
Richard L Anklam (President) $154,500 $0
Charles I Wellborn (Director) $0 $0
Brian Mc Donald (Chairman) $0 $0
James O'neill (Director) $0 $0
Nancy King (Director) $0 $0
Tim Van Valen (Director) $0 $0
Leslie Simmons (Director) $0 $0
Grant Welker (Director) $0 $0
Bill Fulginiti (Director) $0 $0
Larry Morris (Director) $0 $0
Suzanne Bruckner (Director) $0 $0
Steve Keene (Treasurer) $0 $0
Tracey Sprouls (Director) $0 $0
David Slater (Director) $0 $0
Tom Sellers (Director) $0 $0
Steve Perry (Director) $0 $0
Marcus Mims (Director) $0 $0
Jim Frasier (Director) $0 $0
Tony Popp (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$279,308
Expenses
$297,796
Net Income
-$18,488
Net Assets
$267,262
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $155,000
55.5%
Interest Revenue $288
0.1%
Dividends $0
Sales of Assets $0
Other Income $124,020
44.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $162,875
54.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $271,979
Total Liabilities $4,717
Net Assets $267,262
Compensation
Key Employees and Officers Compensation Other
Richard L Anklam (President) $142,875 $20,000
Charles I Wellborn (Director) $0 $0
Brian Mc Donald (Chairman) $0 $0
James O'neill (Director) $0 $0
Nancy King (Director) $0 $0
Tim Van Valen (Director) $0 $0
Leslie Simmons (Director) $0 $0
Grant Welker (Director) $0 $0
Bill Fulginiti (Director) $0 $0
Larry Morris (Director) $0 $0
Suzanne Bruckner (Director) $0 $0
Steve Keene (Treasurer) $0 $0
Tracey Sprouls (Director) $0 $0
David Slater (Director) $0 $0
Tom Sellers (Director) $0 $0
Steve Perry (Director) $0 $0
Marcus Mims (Director) $0 $0
Jim Frasier (Director) $0 $0
Tony Popp (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$358,284
Expenses
$304,967
Net Income
$53,317
Net Assets
$285,750
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $184,945
51.6%
Interest Revenue $241
0.1%
Dividends $0
Sales of Assets $0
Other Income $173,098
48.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,500
0.5%
Compensation of Officers* $128,750
42.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $290,697
Total Liabilities $4,947
Net Assets $285,750
Compensation
Key Employees and Officers Compensation Other
Richard L Anklam (President) $128,750 $0
Charles I Wellborn (Director) $0 $0
Brian Mc Donald (Chairman) $0 $0
James O'neill (Director) $0 $0
Nancy King (Director) $0 $0
Tim Van Valen (Director) $0 $0
Leslie Simmons (Director) $0 $0
Grant Welker (Director) $0 $0
Bill Fulginiti (Director) $0 $0
Larry Morris (Director) $0 $0
Suzanne Bruckner (Director) $0 $0
Steve Keene (Treasurer) $0 $0
Tracey Sprouls (Director) $0 $0
David Slater (Director) $0 $0
Tom Sellers (Director) $0 $0
Steve Perry (Director) $0 $0
Marcus Mims (Director) $0 $0
Jim Frasier (Director) $0 $0
Tony Popp (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$228,901
Expenses
$204,218
Net Income
$24,683
Net Assets
$232,433
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $182,750
79.8%
Interest Revenue $221
0.1%
Dividends $0
Sales of Assets $0
Other Income $45,930
20.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $131,546
64.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $242,126
Total Liabilities $9,693
Net Assets $232,433
Compensation
Key Employees and Officers Compensation Other
Richard L Anklam (President) $131,546 $0
Charles I Wellborn (Director) $0 $0
Brian Mc Donald (Chairman) $0 $0
James O'neill (Director) $0 $0
Nancy King (Director) $0 $0
Tim Van Valen (Director) $0 $0
Leslie Simmons (Director) $0 $0
Anthony Trujillo (Vice Chairma) $0 $0
Bill Fulginiti (Director) $0 $0
Matthew Harland (Director) $0 $0
Suzanne Bruckner (Director) $0 $0
Steve Keene (Treasurer) $0 $0
Tracey Sprouls (Director) $0 $0
David Slater (Director) $0 $0
Tom Sellers (Director) $0 $0
Steve Perry (Director) $0 $0
Marcus Mims (Director) $0 $0
Rainy Walker (Director) $0 $0
Tony Popp (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$219,073
Expenses
$219,466
Net Income
-$393
Net Assets
$210,397
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $164,750
75.2%
Interest Revenue $38
0.0%
Dividends $0
Sales of Assets $0
Other Income $54,285
24.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,500
0.7%
Compensation of Officers* $129,130
58.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $215,271
Total Liabilities $4,874
Net Assets $210,397
Compensation
Key Employees and Officers Compensation Other
Richard L Anklam (President) $129,130 $0
Charles I Wellborn (Director) $0 $0
Brian Mc Donald (Chairman) $0 $0
James O'neill (Director) $0 $0
Nancy King (Director) $0 $0
Tim Van Valen (Director) $0 $0
Leslie Simmons (Director) $0 $0
Anthony Trujillo (Vice Chairma) $0 $0
Bill Fulginiti (Director) $0 $0
Matthew Harland (Director) $0 $0
Suzanne Bruckner (Director) $0 $0
Steve Keene (Treasurer) $0 $0
Tracey Sprouls (Director) $0 $0
David Slater (Director) $0 $0
Tom Sellers (Director) $0 $0
Steve Perry (Director) $0 $0
Marcus Mims (Director) $0 $0
Rainy Walker (Director) $0 $0
Tony Popp (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$278,244
Expenses
$261,988
Net Income
$16,256
Net Assets
$210,790
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $173,535
62.4%
Interest Revenue $44
0.0%
Dividends $0
Sales of Assets $0
Other Income $104,665
37.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $132,075
50.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $214,025
Total Liabilities $3,235
Net Assets $210,790

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$210,575
Expenses
$182,004
Net Income
$28,571
Net Assets
$194,534
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $182,035
86.4%
Interest Revenue $0
Dividends $73
0.0%
Sales of Assets $0
Other Income $28,467
13.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,500
0.8%
Compensation of Officers* $113,300
62.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $200,004
Total Liabilities $5,470
Net Assets $194,534

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$273,906
Expenses
$241,069
Net Income
$32,837
Net Assets
$165,963
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $250,243
91.4%
Interest Revenue $99
0.0%
Dividends $0
Sales of Assets $0
Other Income $23,564
8.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,500
0.6%
Compensation of Officers* $116,157
48.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $167,046
Total Liabilities $1,083
Net Assets $165,963

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Contact Us