New Mexico Fundraising Licensing

Resources for charities, businesses, professional fundraisers, and individuals conducting charitable solicitation activities
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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!

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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.

Initial Registration

Agency:New Mexico Gaming Control Board
Form:

New Mexico Bingo and Raffle Operator Application

Agency fee:

$300

Registration Renewal

Agency:New Mexico Gaming Control Board
Form:

New Mexico Bingo and Raffle Operator Renewal Application

Agency fee:

$200

Due:

Triennially

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

Disclosure Details:

Charities must include a disclosure mentioning "that a qualified charitable gift annuity is not insurance under the laws of this state and is not subject to regulation by the insurance division or protected by a guaranty association affiliated with the division.".

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.

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.

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

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.

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.

Change of Fiscal Year

Agency fee:

$0

Turnaround:

1-2 business days

Notes:

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

New Mexico Commercial Co-Venturer Registration

Not required



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.

Initial Registration

Not required



Registration is not required for commercial co-venturers in New Mexico, but other requirements may apply.

Registration Renewal

Not required



New Mexico Fundraising Counsel Registration

Not required



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.

Initial Registration

Not required



Registration is not required for fundraising counsels in New Mexico, but other requirements may apply.

Registration Renewal

Not required



New Mexico Professional Fundraiser Registration

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

$25,000

Financial Report Requirements:

Due every 6 months.

Financial Reports Requirements:

Due every 6 months.

Registration Renewal

Form:

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

Agency fee:

$0

Due:

Annually by the registration anniversary date.

Individual Licenses

New Mexico Individual Nonprofit & Fundraising Licenses

New Mexico Individual Professional Fundraiser Registration

Not required



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.

Initial Registration

Not required



Registration is not required for individual solicitors in New Mexico, but other requirements may apply.

Registration Renewal

Not required



Learn about fundraising in other states:

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