New Mexico · Nonprofit
ARTESIA MAINSTREET INC
ARTESIA MAINSTREET INC (New Mexico) receives grants from 7 organizations whose IRS filings report $1,120,205 to it, the largest being PY Foundation ($900,000). 5 of them have funded it in more than one year.
- Revenue FY2025
- $795k
- Funders on record
- 7
- Grants received
- $1.1M
- Net assets
- $6.3M
What Artesia Mainstreet Inc does
Mission
Artesia MainStreet, Inc. was organized to encourage, foster and stimulate the preservation and economic development of historic downtown Artesia, NM.
As stated on its FY2025 Form 990.
Programs
First Street Greenway-Construction & Maintenance: Eleven acres of land has been improved with approximately 500 trees and ornamental bushes and grass along north Highway 285. This main entry into Artesia, NM is paralleled by a railway line, a large industrial complex, a metal scrap yard and a housing development. In order to present a more positive first impression for visitors, Artesia MainStreet, Inc. has created a beautiful screen along this main thoroughfare to greet visitors and invite them into our town. Artesia MainStreet is responsible for maintenance of the grounds including the sprinkler system and replacement of landscape. Maintenance and repairs make up these expenses.
$83,270 spent14% of program spendingDowntown Events: Artesia MainStreet holds various events in the downtown area to draw the community into the area to explore, shop and socialize. The 2025 events included the downtown Christmas and Halloween festivities, Red Dirt Black Gold concert, Oil Patch Market and a Car Show. Artesia MainStreet continued the Oil Patch Market, which is hosted at the Oil Patch Derrick Floor location. This market is a farmer's and maker's market that began in the early summer months through November 2025 on a monthly basis. There are also food vendors and local entertainment provided. In 2025 Red Dirt Black Gold celebrated their 10th annual event. In honor of this occasion Red Dirt Black Gold was a three day event this year, beginning on Thursday through Saturday. Each day had it's own theme: Thursday-New Mexico Heritage Night, Friday-Indie Folk Night and Saturday-official Red Dirt Black Gold Night featuring local and well-known and up-and-coming country music bands. For Halloween, during Trick or Treat MainStreet, the Main Street road is closed so that downtown businesses can hand out Halloween candy to hundreds of local children. During the Christmas season, Light Up Artesia is an electric…
$343,196 spent60% of program spendingDowntown Maintenance: Artesia, NM area has a population of approximately 15,000 citizens. The downtown area encompasses 40 city blocks and includes the Derrick Floor oilfield monument and the Oilpatch Plaza with its grounds and fountain. There are 4 additional bronze monuments in the downtown area that are part of the History in Bronze series: Sallie Chisum, known as the First Lady of Artesia, Trail Boss and the Vaquero, bringing to life the turn of the century cowboys of the Southwest and the Cattle Rustler, who may have been a contemporary of the famed Billy the Kid. All of the bronzes require periodic waxing and patina touch-ups and the brickwork and landscaping require upkeep. Artesia's Heritage Plaza and Walkway is a beautiful centerpiece in the Downtown District containing a 7-fountain river depicting the culture of our area, represented in handmade ceramic tiles. The walls of the Walkway holds a renovated historic mural depicting our history, the textured floor is an original mural and the entire area is shaded with decorative trees and provides seating areas to encourage visitors to stay and enjoy. Artesia MainStreet is also responsible for maintenance of the grounds…
$136,734 spent24% of program spendingFacade Improvement: work done on a building on Main Street to improve the appearance and condition of the building.
$13,264 spent2% of program spending
The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $576,464.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $5.8M to $6.4M (+10%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 17% · 2021 22% · 2022 49% · 2023 36% · 2024 42% · 2025 70%. Grants only. Government contracts and fees sit inside program revenue.
96% of ARTESIA MAINSTREET INC’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 6 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Lara Conklin
Executive Director
As listed on its FY2025 Form 990.
Who funds it, year by year
2018 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $100k → $245k.
From the IRS filings of ARTESIA MAINSTREET INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
ARTESIA MAINSTREET INC leans on a few funders — its largest provides 80% of grant income and the top three 96%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2018 100% · 2020 75% · 2021 63% · 2022 95% · 2023 82% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of ARTESIA MAINSTREET INC's grant income comes from New Mexico funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
ARTESIA MAINSTREET INC runs a healthier operating margin than half of the 7,175 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025
Organizations like ARTESIA MAINSTREET INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New Mexico
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
91% of spending goes to programs.
Governance
Public support
60%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for ARTESIA MAINSTREET INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds ARTESIA MAINSTREET INC?
- ARTESIA MAINSTREET INC (New Mexico) receives grants from 7 organizations whose IRS filings report $1,120,205 to it, the largest being PY Foundation ($900,000). 5 of them have funded it in more than one year.
- How many funders does ARTESIA MAINSTREET INC have?
- IRS filings report 7 organizations giving $1,120,205 in grants to ARTESIA MAINSTREET INC, 5 of which have funded it in more than one year.
- Who is the largest funder of ARTESIA MAINSTREET INC?
- PY Foundation is the largest funder on record, with $900,000 in grants. The full list of funders is on this page.
- How can an organization like ARTESIA MAINSTREET INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Mexico. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Artesia Mainstreet →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing