New Mexico Fundraising Licensing

Resources for charities, businesses, professional fundraisers, and individuals conducting charitable solicitation activities
View Guide Contents

Below, you'll find licensing requirements for a range of fundraising activities. At a glance, you can see requirements, fees, filing instructions, and links to forms for everything from charitable gaming and cause marketing to professional fundraisers and charitable gift annuities.

Make sure your fundraising activities meet the unique requirements of each jurisdiction where you’re soliciting. Feel free to explore, bookmark, and share!

Filter LicensesClear Filters
Company Licenses
(1)
(1)
(1)
(1)
(1)
(1)
Individual Licenses
(1)

Company Licenses

New Mexico Nonprofit & Fundraising Company Licenses

New Mexico Charitable Gaming Licenses

Game Type:

Bingo, raffles, pull-tabs, and other games of chance.

Agency:New Mexico Gaming Control Board
Organization Age Requirement:

2 years of continuous existence in New Mexico immediately preceeding licensure.

Prize Limits:

The aggregate of prizes offered during a session of bingo should not exceed $2,500.

Fact Checked:1/10/18

Initial Registration

Agency:New Mexico Gaming Control Board
Form:

New Mexico Bingo and Raffle Operator Application

Agency Fee:

$300

Fact Checked:1/10/18

Registration Renewal

Agency:New Mexico Gaming Control Board
Form:

New Mexico Bingo and Raffle Operator Renewal Application

Agency Fee:

$200

Due:

Triennially

Fact Checked:1/10/18

New Mexico Charitable Gift Annuity Registration

Agency:New Mexico Office of Superintendent of Insurance
Law:

NM Stat. § 59A-1-16.1

Organization Age Requirement:

3 years of continuous existence immediately preceeding licensure.

Minimum Unrestricted Cash or Cash Equivalent Requirement:

$300,000

Initial Registration

Notes:

New Mexico charities must provide notice on the day they first enter into a charitable gift annuity agreement. Notices must identify the organization, certify that the organization is a charity and that the annuities issued are qualified charitable gift annuities, and be signed by an officer or director.

Fact Checked:12/4/17

Registration Renewal

Not required



New Mexico Charitable Organization Registration

Agency:New Mexico Attorney General - Charities Unit
Law:

New Mexico Statutes Ann. § 57-22-1 et seq.

Foreign Qualification is Prerequisite:No
Registered Agent (Special Agency) Required?Yes
Fact Checked:1/16/19

Automatic Exemption

Exemption Eligible Organizations:
  • Religious organizations
  • Educational institutions and organizations defined in Section 6-5A-1 NMSA 1978
  • Persons soliciting for an individual or group that has suffered a medical or other catastrophe if the individual or group is identified by name at the time of the solicitation, the purpose for the solicited contribution is clearly stated, and the gross contributions collected, without any deductions for or by the solicitor or any other person, are deposited directly to an account in the name of the individual or group in a local federally insured financial institution established for that sole purpose and solely used for the direct benefit of the named individual or group as beneficiary
Fact Checked:1/16/20

Initial Registration

Filing Method:

Online at NM-COROS

Agency Fee:

$0

Due:

Within 30 days of incorporation.

Notes:
  • Before filing online, it is helpful to collect the list of attachments that must be uploaded. The CFO (or author authorized officer) signs online. You will get immediate confirmation of receipt as you file online.
  • Some New Mexico counties and municipalities may require charities that solicit in-person to register prior to fundraising.
Fact Checked:2/22/17

Registration Renewal

Filing Method:

Online at NM-COROS

Agency Fee:

$0

Due:

Due annually 6 months after the close of your fiscal year. So if your fiscal year ends December 31, renewal is due June 30.

Penalties:

There is a $100 late fee for failing to file on time.

Fact Checked:2/22/17

Change of Fiscal Year

Agency Fee:

$0

Turnaround:

1-2 business days

Notes:

Email Charity.Registrar@nmag.gov to update fiscal year.

Fact Checked:12/7/18

New Mexico Commercial Co-Venturer Registration

Not required



Commercial Co-venturer licensure is not required on the State level in New Mexico.

New Mexico does not currently have a traditional registration requirement for commercial co-venturers, but they may need to follow other regulations before and after fundraising events.

Registration Not Required

Not required



New Mexico Fundraising Counsel Registration

Not required



Fundraising Counsel licensure is not required on the State level in New Mexico.

New Mexico does not currently have a traditional registration requirement for fundraising counsels, but they may need to follow other regulations before and after fundraising events.

Registration Not Required

Not required



New Mexico Professional Fundraiser Registration

Agency:New Mexico Attorney General - Charities Unit
Bond Requirements:

$25,000

Initial Registration

Form:

State of New Mexico Professional Fundraiser Form

Agency Fee:

$0

Original Ink:Not required
Notarize:Not required
Fact Checked:12/15/16

Registration Renewal

Form:

http://www.nmag.gov/charity-registration-faq.aspx

Agency Fee:

$0

Due:

Annually by the registration anniversary date.

Fact Checked:12/15/16

Individual Licenses

New Mexico Individual Nonprofit & Fundraising Licenses

New Mexico Individual Professional Fundraiser Registration

Not required



Professional Solicitor licensure is not required on the State level in New Mexico.

Solicitors who are not employed by a professional fundraising firm but operate independently may be required to register. Employees of professional fundraising firms are generally not required to register as an individual solicitor in New Mexico.

Registration Not Required

Not required



Learn about fundraising in other states:

© 2012 - 2020 Harbor Compliance. All rights reserved. Harbor Compliance does not provide tax, financial, or legal advice. Use of our services does not create an attorney-client relationship. Harbor Compliance is not acting as your attorney and does not review information you provide to us for legal accuracy or sufficiency. Access to our website is subject to our Terms of Use and Service Agreement.