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New Mexico · Nonprofit

LOVINGTON MAINSTREET CORP

LOVINGTON MAINSTREET CORP (New Mexico) receives grants from 4 organizations whose IRS filings report $515,175 to it, the largest being JF Maddox Foundation ($497,136). 2 of them have funded it in more than one year.

Revenue FY2025
$419k
Funders on record
4
Grants received
$515k
Net assets
$253k
2/4 repeat funderspeak grant-dependency 55%
01What it does

What Lovington Mainstreet Corp does

Mission

Restoration of downtown lovington

As stated on its FY2025 Form 990.

Program

  1. Restoration of downtown lovington

    $351,077 spent
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $351,077.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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.

100 = 20182018 Revenue 100 ($188k) Expenses 100 ($172k) Net assets 100 ($68k)2019 Revenue 121 ($228k) Expenses 128 ($220k) Net assets 110 ($74k)2020 Revenue 115 ($217k) Expenses 107 ($184k) Net assets 57 ($39k)2021 Revenue 134 ($253k) Expenses 176 ($302k) Net assets 115 ($78k)2022 Revenue 128 ($241k) Expenses 157 ($271k) Net assets 85 ($58k)2023 Revenue 288 ($543k) Expenses 284 ($488k) Net assets 167 ($113k)2024 Revenue 122 ($230k) Expenses 109 ($187k) Net assets 215 ($146k)2025 Revenue 222 ($419k) Expenses 204 ($351k) Net assets 373 ($253k)
'18'19'20'21'22'23'24'25
Revenue (222)Expenses (204)Net assets (373)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $152k to $266k (+75%).

$69k
$104k
$49k
$91k
$70k
$118k
$152k
$266k
'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2019 96% · 2020 57% · 2021 49% · 2022 59% · 2023 38% · 2024 54% · 2025 56%. Grants only. Government contracts and fees sit inside program revenue.

95% of LOVINGTON MAINSTREET CORP’s revenue is contributions — more reliant on donations than three-quarters of its peers (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$16k
’18
$7k
’19
$33k
’20
−$49k
’21
−$30k
’22
$55k
’23
$44k
’24
$68k
’25
9.1
months of
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.

'18'19'20'21'22'23'24'25
Listed5101211991210
Joined·+6+5+0+1+0+6+0
No longer listed·1313032
03Who funds it

Who funds it, year by year

2020 → 2023: the base narrowed from 3 funders to 2 funders, grant income rose $18k → $299k.

2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of LOVINGTON MAINSTREET CORP’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

LOVINGTON MAINSTREET CORP leans on a few funders — its largest provides 96% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

96%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 57% · 2021 83% · 2022 100% · 2023 100% — growing more concentrated.

“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

98% of LOVINGTON MAINSTREET CORP's grant income comes from New Mexico funders.

NM
DC

In-state vs out-of-state, by year

’20
’21
’22
’23
New Mexico out of state home

Funder states come from each funder’s own filing. $10k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.

04Its place in the field

Against its field

LOVINGTON MAINSTREET CORP runs a healthier operating margin than half of the 11,634 arts & culture nonprofits its size.

Operating margin16% · above the median
Months of reserve9.1mo · above the median
Revenue growth (annualized)12% · above the median

this organization peer median middle 50% of peers· 11,634 arts & culture nonprofits $100k–$1M, FY2025

Government funding LOVINGTON MAINSTREET CORP receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $126k on record.

Federal$126k
grants $126kcontracts $0
19
20
Top agencies
  • Department of Agriculture$126k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like LOVINGTON MAINSTREET CORP

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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

10
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for LOVINGTON MAINSTREET CORP: 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.

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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 LOVINGTON MAINSTREET CORP?
LOVINGTON MAINSTREET CORP (New Mexico) receives grants from 4 organizations whose IRS filings report $515,175 to it, the largest being JF Maddox Foundation ($497,136). 2 of them have funded it in more than one year.
How many funders does LOVINGTON MAINSTREET CORP have?
IRS filings report 4 organizations giving $515,175 in grants to LOVINGTON MAINSTREET CORP, 2 of which have funded it in more than one year.
Who is the largest funder of LOVINGTON MAINSTREET CORP?
JF Maddox Foundation is the largest funder on record, with $497,136 in grants. The full list of funders is on this page.
How can an organization like LOVINGTON MAINSTREET CORP 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 Lovington Mainstreet →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 4 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