New Mexico · Nonprofit
NMC INC
NMC INC (New Mexico) receives grants from 9 organizations whose IRS filings report $1,885,472 to it, the largest being BETH ISRAEL DEACONESS MEDICAL CENTER INC ($1,022,390). 8 of them have funded it in more than one year.
- Revenue FY2025
- $18M
- Funders on record
- 9
- Grants received
- $1.9M
- Net assets
- $8.9M
What Nmc Inc does
Mission
New mexico consortium (nmc) integrates the needs of new mexico's research universities to build liason research between local universities and organizations. Nmc builds strategic connections with scientific institutions throughout the world in order to support research and education in the public interest. Nmc develops and pursues research and education programs in the scientific fields.
As stated on its FY2025 Form 990.
Program
Scientific research and collaborative programs with institutional and industrial teams who coordinate and lead collaborative research projects in the following areas: 1. The ultrascale systems research center (usrc) is a collaborative center focused on research to support high performance computing at exascale and beyond, established to foster collaboration in exascale research. 2. Nasa van allen probes mission science support (nasa). 3. Funds to local universities and colleges in support for the improvement of capabilities, course materials, and experience-based academic learning that leads to a better trained workforce entering and supporting lanls mission nnsa supported). 4. Research collaboration agreement for the collaboration for aids vaccine discovery and comprehensive antibody vaccine immune monitoring consortium (gates foundation). 5. Research at the Nmc Includes advanced computing, biofuels, biomedical and human health, climate change, hydrology, material science, neuromorphic computing, plant biology and agriculture, physics, seismic research, and space science. 6. Center for applied fire and ecosystem science. The mission of center for applied fire and ecosystem…
$15,867,085 spent$17,123,584 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $15,867,085.
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 2022 to 2023, from $7.9M to $13M (+68%).
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: 2021 8% · 2022 13% · 2023 1% · 2024 2% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.
6% of NMC INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (23% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 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
John R Engen
CEO
Board chair
Dr Hengameh Raissy
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 3 funders to 4 funders, grant income fell $143k → $73k.
From the IRS filings of NMC 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
NMC INC leans on a few funders — its largest provides 54% of grant income and the top three 83%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NMC INC.
Largest funder’s share by year: 2017 55% · 2018 73% · 2019 36% · 2020 46% · 2021 57% · 2022 78% · 2023 57% — broadly stable.
“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.
How long its funders stay
67% of NMC INC's funders are still giving 3 years after their first grant; 89% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
NMC INC draws 93% of its grant income from funders outside New Mexico, across 7 states in all.
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
NMC INC runs a healthier operating margin than half of the 3,758 education nonprofits its size.
this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025
Organizations like NMC 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
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 2 related entities
- New Mexico Consortium · disregarded
- Pajarito Cloud Computing · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for NMC 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 NMC INC?
- NMC INC (New Mexico) receives grants from 9 organizations whose IRS filings report $1,885,472 to it, the largest being BETH ISRAEL DEACONESS MEDICAL CENTER INC ($1,022,390). 8 of them have funded it in more than one year.
- How many funders does NMC INC have?
- IRS filings report 9 organizations giving $1,885,472 in grants to NMC INC, 8 of which have funded it in more than one year.
- Who is the largest funder of NMC INC?
- BETH ISRAEL DEACONESS MEDICAL CENTER INC is the largest funder on record, with $1,022,390 in grants. The full list of funders is on this page.
- How can an organization like NMC 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 Nmc →
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 9 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