Civic Intelligence

Latino Arts Inc.

990 • Fiscal year 2012 • EIN 39-1548491

Jan 01, 2012 to Dec 31, 2012 • Filed on May 09, 2013

Organization ProfileWWW.LATINOARTSINC.ORG
1028 S 9th Street53204
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

97th percentile

2.03x

Higher debt load relative to assets than 97% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

11th percentile

-40%

Faster asset growth than 11% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$33,597

Down $22,835 (-40%) from 2011

Net Assets

Down

-$34,589

Down $32,676 (-1708%) from 2011

Liabilities

Up

$68,186

Up $9,841 (+17%) from 2011

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$388,428

Up $12,926 (+3.4%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0-$100KAssets 2010: $47,915Liabilities 2010: $73,893Net Assets 2010: -$25,9782010Assets 2011: $56,432Liabilities 2011: $58,345Net Assets 2011: -$1,9132011Assets 2012: $33,597Liabilities 2012: $68,186Net Assets 2012: -$34,5892012Assets 2013: $28,280Liabilities 2013: $61,176Net Assets 2013: -$32,8962013Assets 2014: $28,746Liabilities 2014: $20,956Net Assets 2014: $7,7902014Assets 2015: $53,009Liabilities 2015: $53,179Net Assets 2015: -$1702015Assets 2016: $107,014Liabilities 2016: $29,216Net Assets 2016: $77,7982016Assets 2017: $145,358Liabilities 2017: $6,553Net Assets 2017: $138,8052017Assets 2018: $164,054Liabilities 2018: $35,235Net Assets 2018: $128,8192018Assets 2019: $116,842Liabilities 2019: $25,522Net Assets 2019: $91,3202019Assets 2020: $321,728Liabilities 2020: $166,902Net Assets 2020: $154,8262020Assets 2021: $212,841Liabilities 2021: $49,953Net Assets 2021: $162,8882021Assets 2022: $210,352Liabilities 2022: $37,935Net Assets 2022: $172,4172022Assets 2023: $212,742Liabilities 2023: $51,459Net Assets 2023: $161,2832023Assets 2024: $227,118Liabilities 2024: $30,416Net Assets 2024: $196,7022024

Highlighted filing

2012

Assets$33,597
Liabilities$68,186
Net Assets-$34,589
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $359,9622010Expenses 2011: $375,5022011Expenses 2012: $388,4282012Revenue 2013: $378,884Expenses 2013: $377,191Net Income 2013: $1,6932013Revenue 2014: $376,514Expenses 2014: $335,828Net Income 2014: $40,6862014Revenue 2015: $361,648Expenses 2015: $369,608Net Income 2015: -$7,9602015Revenue 2016: $426,534Expenses 2016: $348,566Net Income 2016: $77,9682016Revenue 2017: $412,111Expenses 2017: $351,104Net Income 2017: $61,0072017Revenue 2018: $397,025Expenses 2018: $407,011Net Income 2018: -$9,9862018Revenue 2019: $323,575Expenses 2019: $361,074Net Income 2019: -$37,4992019Revenue 2020: $476,056Expenses 2020: $412,550Net Income 2020: $63,5062020Revenue 2021: $457,525Expenses 2021: $449,463Net Income 2021: $8,0622021Revenue 2022: $402,177Expenses 2022: $392,648Net Income 2022: $9,5292022Revenue 2023: $318,466Expenses 2023: $329,600Net Income 2023: -$11,1342023Revenue 2024: $383,610Expenses 2024: $346,191Net Income 2024: $37,4192024

Highlighted filing

2012

Revenue-
Expenses$388,428
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
May 9, 2013
Return Version
2012v2.1
Gross Receipts
$355,752
Mission and Program Overview

Mission

Latino arts, inc. Is dedicated to bringing cultural awareness, artistic educational experiences, and high-quality programming to the greater milwaukee and southeastern wisconsin community, featuring hispanic arts from throughout the world.

Filing and Contact Details

Filer

EIN
39-1548491
Raw XML AppendixShowing 400 of 425 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReview00
IRS990/AccountsPayableAccruedExpenses/BOY058345
IRS990/AccountsPayableAccruedExpenses/EOY068186
IRS990/AccountsReceivable/BOY02950
IRS990/AccountsReceivable/EOY00
IRS990/ActivitiesConductedPartnership00
IRS990/ActivityOrMissionDescription0LATINO ARTS, INC. IS DEDICATED TO BRINGING CULTURAL AWARENESS, ARTISTIC EDUCATIONAL EXPERIENCES, AND HIGH-QUALITY PROGRAMMING TO THE GREATER MILWAUKEE AND SOUTHEASTERN WISCONSIN COMMUNITY, FEATURING HISPANIC ARTS FROM THROUGHOUT THE WORLD.
IRS990/AddressPrincipalOfficerUS/AddressLine101028 S 9TH STREET
IRS990/AddressPrincipalOfficerUS/City0MILWAUKEE
IRS990/AddressPrincipalOfficerUS/State0WI
IRS990/AddressPrincipalOfficerUS/ZIPCode053204
IRS990/Advertising/ManagementAndGeneral04059
IRS990/Advertising/ProgramServices022999
IRS990/Advertising/Total027058
IRS990/AllOtherContributions0289036
IRS990/AllOtherExpenses/ManagementAndGeneral0152
IRS990/AllOtherExpenses/ProgramServices0863
IRS990/AllOtherExpenses/Total01015
IRS990/AnnualDisclosureCoveredPersons01
IRS990/AuditCommittee00
IRS990/BenefitsPaidToMembersCY00
IRS990/BenefitsPaidToMembersPriorYear00
IRS990/BsnssRltnshpThruFamilyMember00
IRS990/BsnssRltnshpWithOrganization00
IRS990/CashNonInterestBearing/BOY033582
IRS990/CashNonInterestBearing/EOY031097
IRS990/ChangesToOrganizingDocs00
IRS990/CollectionsOfArt00
IRS990/CompensationFromOtherSources00
IRS990/CompensationProcessCEO00
IRS990/CompensationProcessOther00
IRS990/ComplianceWithBackupWitholding01
IRS990/ConferencesMeetings/ManagementAndGeneral0436
IRS990/ConferencesMeetings/ProgramServices02470
IRS990/ConferencesMeetings/Total02906
IRS990/ConflictOfInterestPolicy01
IRS990/ConservationEasements00
IRS990/ConsolidatedAuditFinancialStmt00
IRS990/ContributionsGrantsCurrentYear0319706
IRS990/ContributionsGrantsPriorYear0356382
IRS990/CreditCounseling00
IRS990/DecisionsSubjectToApproval00
IRS990/DeductibleContributionsOfArt00
IRS990/DeductibleNonCashContributions00
IRS990/DelegationOfManagementDuties00
IRS990/DescribedIn501C301
IRS990/Description0EDUCATION OF THE GENERAL COMMUNITY ON THE ARTS OF THE VARIOUS CULTURES.
IRS990/DisregardedEntity00
IRS990/DocumentRetentionPolicy00
IRS990/DonorAdvisedFunds00
IRS990/ElectionOfBoardMembers00
IRS990/ExcessBenefitTransaction00
IRS990/Expense0330164
IRS990/FamilyOrBusinessRelationship00
IRS990/FederalGrantAuditRequired00
IRS990/FeesForServicesOther/ManagementAndGeneral06715
IRS990/FeesForServicesOther/ProgramServices038055
IRS990/FeesForServicesOther/Total044770
IRS990/FollowSFAS1170X
IRS990/ForeignActivities00
IRS990/ForeignFinancialAccount00
IRS990/ForeignOffice00
IRS990/Form8282PropertyDisposedOf00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek01.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek11.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek21.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek31.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek41.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek51.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek61.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek71.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek81.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek91.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek101.00
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector0X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector1X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector2X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector3X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector4X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector5X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector6X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector7X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector8X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector9X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector10X
IRS990/Form990PartVIISectionA/NamePerson0MICHAEL REYES
IRS990/Form990PartVIISectionA/NamePerson1RICARDO DIAZ
IRS990/Form990PartVIISectionA/NamePerson2RAUL GALVAN
IRS990/Form990PartVIISectionA/NamePerson3DAISY CUBIAS
IRS990/Form990PartVIISectionA/NamePerson4ALEX FUENTES
IRS990/Form990PartVIISectionA/NamePerson5SOPHIA KINTIS
IRS990/Form990PartVIISectionA/NamePerson6THOMAS LADKY JR
IRS990/Form990PartVIISectionA/NamePerson7SORAIDA NICHOLS
IRS990/Form990PartVIISectionA/NamePerson8JORGE VALDIVIA
IRS990/Form990PartVIISectionA/NamePerson9MARIA LOPEZ VENTO
IRS990/Form990PartVIISectionA/NamePerson10ANDRES DE LEON
IRS990/Form990PartVIISectionA/Officer0X
IRS990/Form990PartVIISectionA/Officer1X
IRS990/Form990PartVIISectionA/Officer2X
IRS990/Form990PartVIISectionA/Officer3X
IRS990/Form990PartVIISectionA/OtherCompensation00
IRS990/Form990PartVIISectionA/OtherCompensation10
IRS990/Form990PartVIISectionA/OtherCompensation20
IRS990/Form990PartVIISectionA/OtherCompensation30
IRS990/Form990PartVIISectionA/OtherCompensation40
IRS990/Form990PartVIISectionA/OtherCompensation50
IRS990/Form990PartVIISectionA/OtherCompensation60
IRS990/Form990PartVIISectionA/OtherCompensation70
IRS990/Form990PartVIISectionA/OtherCompensation80
IRS990/Form990PartVIISectionA/OtherCompensation90
IRS990/Form990PartVIISectionA/OtherCompensation100
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization00
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization10
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization20
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization30
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization40
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization50
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization60
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization70
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization80
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization90
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization100
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs10
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs20
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs30
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs40
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs50
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs60
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs70
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs80
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs90
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs100
IRS990/Form990PartVIISectionA/Title0PRESIDENT
IRS990/Form990PartVIISectionA/Title1VICE PRESIDENT
IRS990/Form990PartVIISectionA/Title2SECRETARY
IRS990/Form990PartVIISectionA/Title3TREASURER
IRS990/Form990PartVIISectionA/Title4DIRECTOR
IRS990/Form990PartVIISectionA/Title5DIRECTOR
IRS990/Form990PartVIISectionA/Title6DIRECTOR
IRS990/Form990PartVIISectionA/Title7DIRECTOR
IRS990/Form990PartVIISectionA/Title8DIRECTOR
IRS990/Form990PartVIISectionA/Title9DIRECTOR
IRS990/Form990PartVIISectionA/Title10DIRECTOR
IRS990/Form990ProvidedToGoverningBody00
IRS990/FormersListed00
IRS990/FSAudited01
IRS990/FSAuditedBasis/FinancialStatementSeparate0X
IRS990/FundraisingActivities00
IRS990/FundsToPayPremiums00
IRS990/Gaming00
IRS990/GovernmentGrants028745
IRS990/GrantsAndSimilarAmntsCY00
IRS990/GrantsAndSimilarAmntsPriorYear00
IRS990/GrantsToIndividuals00
IRS990/GrantsToOrganizations00
IRS990/GrantToRelatedPerson00
IRS990/GrossReceipts0355752
IRS990/GroupReturnForAffiliates00
IRS990/Hospital00
IRS990/IndependentAuditFinancialStmt01
IRS990/IndoorTanningServices00
IRS990/InfoInScheduleOPartVI0X
IRS990/InformationTechnology/ManagementAndGeneral0106
IRS990/InformationTechnology/ProgramServices0602
IRS990/InformationTechnology/Total0708
IRS990/InvestmentIncomeCurrentYear00
IRS990/InvestmentIncomePriorYear00
IRS990/InvestmentInJointVenture00
IRS990/LoanToOfficerOrDQP00
IRS990/LobbyingActivities00
IRS990/LocalChapters00
IRS990/MaterialDiversionOrMisuse00
IRS990/MembershipDues01925
IRS990/MembersOrStockholders00
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees01
IRS990/MinutesOfGoverningBody01
IRS990/MissionDescription0LATINO ARTS, INC. IS DEDICATED TO BRINGING CULTURAL AWARENESS, ARTISTIC EDUCATIONAL EXPERIENCES, AND HIGH-QUALITY PROGRAMMING TO THE GREATER MILWAUKEE AND SOUTHEASTERN WISCONSIN COMMUNITY, FEATURING HISPANIC ARTS FROM THROUGHOUT THE WORLD.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/NameOfPrincipalOfficerPerson0MICHAEL REYES
IRS990/NbrIndependentVotingMembers011
IRS990/NbrVotingGoverningBodyMembers011
IRS990/NbrVotingMembersGoverningBody011
IRS990/NetAssetsOrFundBalancesBOY0-1913
IRS990/NetAssetsOrFundBalancesEOY0-34589
IRS990/NetUnrelatedBusinessTxblIncome00
IRS990/NoListedPersonsCompensated0X
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith109607
IRS990/NumberIndependentVotingMembers011
IRS990/NumberIndividualsGT100K00
IRS990/NumberOfContractorsGT100K00
IRS990/NumberOfEmployees00
IRS990/NumberW2GIncluded00
IRS990/Occupancy/ManagementAndGeneral05213
IRS990/Occupancy/ProgramServices029541
IRS990/Occupancy/Total034754
IRS990/OfficeExpenses/ManagementAndGeneral02932
IRS990/OfficeExpenses/ProgramServices016615
IRS990/OfficeExpenses/Total019547
IRS990/OfficerEntityWithBsnssRltnshp00
IRS990/OfficerMailingAddress00
IRS990/Organization501c30X
IRS990/OtherEmployeeBenefits/ManagementAndGeneral04728
IRS990/OtherEmployeeBenefits/ProgramServices026789
IRS990/OtherEmployeeBenefits/Total031517
IRS990/OtherExpensePriorYear0202332
IRS990/OtherExpensesCurrentYear0208642
IRS990/OtherExpenses/Description0FOOD AND BEVERAGES
IRS990/OtherExpenses/Description1EQUIPMENT RENTAL AND MA
IRS990/OtherExpenses/Description2POSTAGE
IRS990/OtherExpenses/Description3TELEPHONE
IRS990/OtherExpenses/ManagementAndGeneral05070
IRS990/OtherExpenses/ManagementAndGeneral12750
IRS990/OtherExpenses/ManagementAndGeneral22036
IRS990/OtherExpenses/ManagementAndGeneral3360
IRS990/OtherExpenses/ProgramServices028732
IRS990/OtherExpenses/ProgramServices115584
IRS990/OtherExpenses/ProgramServices211538
IRS990/OtherExpenses/ProgramServices32040
IRS990/OtherExpenses/Total033802
IRS990/OtherExpenses/Total118334
IRS990/OtherExpenses/Total213574
IRS990/OtherExpenses/Total32400
IRS990/OtherRevenueCurrentYear00
IRS990/OtherRevenuePriorYear00
IRS990/OtherSalariesAndWages/ManagementAndGeneral019341
IRS990/OtherSalariesAndWages/ProgramServices0109599
IRS990/OtherSalariesAndWages/Total0128940
IRS990/PartialLiquidation00
IRS990/PayrollTaxes/ManagementAndGeneral01782
IRS990/PayrollTaxes/ProgramServices010097
IRS990/PayrollTaxes/Total011879
IRS990/PensionPlanContributions/ManagementAndGeneral01118
IRS990/PensionPlanContributions/ProgramServices06332
IRS990/PensionPlanContributions/Total07450
IRS990/PledgesAndGrantsReceivable/BOY019900
IRS990/PledgesAndGrantsReceivable/EOY02500
IRS990/PoliticalActivities00
IRS990/PremiumsPaid00
IRS990/PriorExcessBenefitTransaction00
IRS990/ProfessionalFundraising00
IRS990/ProgramServiceRevenue/BusinessCode0900099
IRS990/ProgramServiceRevenue/BusinessCode1900099
IRS990/ProgramServiceRevenueCY036046
IRS990/ProgramServiceRevenue/Description0TICKET SALES
IRS990/ProgramServiceRevenue/Description1OTHER INCOME
IRS990/ProgramServiceRevenuePriorYear043185
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome031582
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome14464
IRS990/ProgramServiceRevenue/TotalRevenueColumn031582
IRS990/ProgramServiceRevenue/TotalRevenueColumn14464
IRS990/ProhibitedTaxShelterTrans00
IRS990/QuidProQuoContributions00
IRS990/ReconcilationOtherChanges00
IRS990/ReconcilationRevenueExpenses0-32676
IRS990/RegularMonitoringEnforcement01
IRS990/RelatedEntity00
IRS990/RelatedOrgControlledEntity00
IRS990/ReportFin48Footnote01
IRS990/ReportInvestOthSecurities00
IRS990/ReportLandBldgEquip00
IRS990/ReportOtherAssets00
IRS990/ReportOtherLiabilities00
IRS990/ReportProgRelInvest00
IRS990/Revenue036046
IRS990/RevenuesLessExpensesCY0-32676
IRS990/RevenuesLessExpensesPriorYear024065
IRS990/SalariesEtcCurrentYear0179786
IRS990/SalariesEtcPriorYear0173170
IRS990ScheduleA/AmountsSubstContributorsTotal09065
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear0319706
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year0356382
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years0275994
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years0341618
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years0352017
IRS990ScheduleA/GiftsGrantsContribReceived170/Total01645717
IRS990ScheduleA/GrossReceiptsFromAdmissionsEtc0374624
IRS990ScheduleA/OtherIncome170/CurrentTaxYear04464
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus1Year05571
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus2Years05733
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus3Years03574
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus4Years06686
IRS990ScheduleA/OtherIncome170/Total026028
IRS990ScheduleA/PubliclySupportedOrg170b1Avi0X
IRS990ScheduleA/PublicSupportPertcentage17000.97900
IRS990ScheduleA/PublicSupportPertcentPriorYear00.98250
IRS990ScheduleA/PublicSupportTotal17001636652
IRS990ScheduleA/ThirtyThreePercntTestsCY1700X
IRS990ScheduleA/Total170/CurrentTaxYear0319706
IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year0356382
IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years0275994
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years0341618
IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years0352017
IRS990ScheduleA/Total170/Total01645717
IRS990ScheduleA/TotalSupport01671745
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired01
IRS990ScheduleD/ExpensesNotRptdF99000
IRS990ScheduleD/ExpensesNotRptdOnFinStmt00
IRS990ScheduleD/ExpensesSubtotal0388428
IRS990ScheduleD/FootnoteInPartXIII0X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES AS A NOT-FOR-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CORRESPONDING PROVISIONS OF STATE LAW, AND ACCORDINGLY, IS NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE ORGANIZATION UNDER SECTION 509(A)(1). THE ORGANIZATION FOLLOWS THE GUIDANCE FOR ACCOUNTING FOR UNCERTAINTIES INCOME TAXES WHICH IS PART OF FASB ASC 740, INCOME TAXES. THIS GUIDANCE INCREASES THE RELEVANCY AND COMPARABILITY OF FINANCIAL REPORTING BY CLARIFYING THE WAY COMPANIES ACCOUNT FOR UNCERTAINTIES IN INCOME TAXES FOR TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN. IT MAKES RECOGNITION AND MEASUREMENT MORE CONSISTENT AS WELL AS OFFERING CLEAR CRITERIA FOR SUBSEQUENTLY RECOGNIZING, DERECOGNIZING AND MEASURING SUCH TAX POSITIONS FOR FINANCIAL STATEMENT PURPOSES. THE ORGANIZATION'S TAX EXEMPT INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION GENERALLY FOR THREE YEARS AFTER THEY ARE FILED AND ITS STATE INCOME TAX RETURNS GENERALLY FOR FOUR YEARS AFTER THEY ARE FILED. IT IS THE ORGANIZATION'S ACCOUNTING POLICY THAT PENALTIES AND INTEREST, IF AND WHEN ASSESSED BY INCOME TAXING AUTHORITIES, ARE INCLUDED IN GENERAL AND ADMINISTRATIVE EXPENSE. THE ORGANIZATION HAD NO INTEREST AND PENALTIES RELATED TO INCOME TAXES FOR THE YEAR ENDED DECEMBER 31, 2012. THE ORGANIZATION MAY BE SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO TAX EXAMINATIONS FOR YEARS PRIOR TO 2009.
IRS990ScheduleD/RevenueNotRptdF99000
IRS990ScheduleD/RevenueNotRptdOnFinStmt00
IRS990ScheduleD/RevenueSubtotal0355752
IRS990ScheduleD/TotalExpensesPerForm9900388428
IRS990ScheduleD/TotalOfBookValueLandBuildings00
IRS990ScheduleD/TotalRevenuePerForm9900355752
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt0388428
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt0355752
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0THE BOARD REVIEWS THE AUDITED FINANCIAL STATEMENTS THAT THE 990 IS PREPARED FROM.
IRS990ScheduleO/GeneralExplanation/Explanation1NO MEMBER OF THE BOARD OF DIRECTORS, OR ANY OF ITS COMMITTEES, SHALL DERIVE ANY PERSONAL PROFIT OR GAIN, DIRECTLY OR INDIRECTLY, BY REASON OF HIS OR HER PARTICIPATION WITH LATINO ARTS, INC. EACH INDIVIDUAL SHALL DISCLOSE TO THE ORGANIZATION ANY PERSONAL INTEREST WHICH HE OR SHE MAY HAVE IN ANY MATTER PENDING BEFORE THE ORGANIZATION AND SHALL REFRAIN FROM PARTICIPATION IN ANY DECISION ON SUCH MATTER. ANY MEMBER OF THE BOARD, ANY COMMITTEE, OR STAFF WHO IS AN OFFICER, BOARD MEMBER, A COMMITTEE MEMBER, OR STAFF MEMBER OF A CLIENT ORGANIZATION OR VENDOR OF LATINO ARTS, INC. SHALL IDENTIFY HIS OR HER AFFILIATION WITH SUCH AGENCY OR AGENCIES; FURTHER, IN CONNECTION WITH ANY COMMITTEE OR BOARD ACTION SPECIFICALLY DIRECTED TO THAT AGENCY, (S)HE SHALL NOT PARTICIPATE IN THE DECISION AFFECTING THAT AGENCY AND THE DECISION MUST BE MADE AND/OR RATIFIED BY THE FULL BOARD. ANY MEMBER OF THE BOARD, ANY COMMITTEE, STAFF, AND CERTAIN CONSULTANTS SHALL REFRAIN FROM OBTAINING ANY LIST OF CLIENTS FOR PERSONAL OR PRIVATE SOLICITATION PURPOSES AT ANY TIME DURING THE TERM OF THEIR AFFILIATION.
IRS990ScheduleO/GeneralExplanation/Explanation2UPON REQUEST
IRS990ScheduleO/GeneralExplanation/Explanation3ARTISTS/PERFORMERS: PROGRAM SERVICE EXPENSES 38,055. MANAGEMENT AND GENERAL EXPENSES 6,715. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 44,770.
IRS990ScheduleO/GeneralExplanation/Identifier0OTHER FEES
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART IX, LINE 11G
IRS990/ScheduleORequired01
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0WI
IRS990/StatesWhereCopyOfReturnIsFiled0WI
IRS990/SubjectToProxyTax00
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/TemporarilyRestrictedNetAssets/BOY033833
IRS990/TemporarilyRestrictedNetAssets/EOY034833
IRS990/Terminated00
IRS990/TermOrPermanentEndowments00
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine101028 S 9TH STREET
IRS990/TheBooksAreInCareOf/AddressUS/City0MILWAUKEE
IRS990/TheBooksAreInCareOf/AddressUS/State0WI
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode053204
IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10JUAN RUIZ
IRS990/TheBooksAreInCareOf/TelephoneNumber04143843100
IRS990/TotalAssets/BOY056432
IRS990/TotalAssetsBOY056432
IRS990/TotalAssets/EOY033597
IRS990/TotalAssetsEOY033597
IRS990/TotalCompGT150K00
IRS990/TotalContributions0319706
IRS990/TotalExpensesCurrentYear0388428
IRS990/TotalExpensesPriorYear0375502
IRS990/TotalFunctionalExpenses/Fundraising00
IRS990/TotalFunctionalExpenses/ManagementAndGeneral058264
IRS990/TotalFunctionalExpenses/ProgramServices0330164
IRS990/TotalFunctionalExpenses/Total0388428
IRS990/TotalFundrsngExpCurrentYear00
IRS990/TotalGrossUBI00
IRS990/TotalLiabilities/BOY058345
IRS990/TotalLiabilitiesBOY058345
IRS990/TotalLiabilities/EOY068186
IRS990/TotalLiabilitiesEOY068186
IRS990/TotalLiabNetAssetsFundBalances/BOY056432
IRS990/TotalLiabNetAssetsFundBalances/EOY033597
IRS990/TotalNbrEmployees00
IRS990/TotalNbrVolunteers074
IRS990/TotalNetAssetsFundBalances/BOY0-1913
IRS990/TotalNetAssetsFundBalances/EOY0-34589
IRS990/TotalOtherCompensation00
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProfFundrsngExpPriorYear00
IRS990/TotalProgramServiceExpense0330164
IRS990/TotalProgramServiceRevenue036046
IRS990/TotalReportableCompFrmRltdOrgs00
IRS990/TotalReportableCompFromOrg00
IRS990/TotalRevenueCurrentYear0355752
IRS990/TotalRevenue/ExclusionAmount00
IRS990/TotalRevenuePriorYear0399567
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome036046
IRS990/TotalRevenue/TotalRevenueColumn0355752
IRS990/TotalRevenue/UnrelatedBusinessRevenue00
IRS990/TransfersToExemptNonChrtblOrg00
IRS990/Travel/ManagementAndGeneral01466
IRS990/Travel/ProgramServices08308
IRS990/Travel/Total09774
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome00
IRS990/UnrestrictedNetAssets/BOY0-35746
IRS990/UnrestrictedNetAssets/EOY0-69422
IRS990/UponRequest0X
IRS990/WebSite0WWW.LATINOARTSINC.ORG
IRS990/WhistleblowerPolicy01
IRS990/YearFormation01985
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0391548491

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$33,597
Liabilities
$68,186
Net assets
-$34,589
Revenue
-
Expenses
$388,428
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.27$0.30$1.97$3.84$3.46$0.37
2023Detailed filing. Detailed filing data is available for this year.$2.13$0.51$1.61$3.18$3.30$0.11
2022Detailed filing. Detailed filing data is available for this year.$2.10$0.38$1.72$4.02$3.93$0.10
2021Detailed filing. Detailed filing data is available for this year.$2.13$0.50$1.63$4.58$4.49$0.08
2020Detailed filing. Detailed filing data is available for this year.$3.22$1.67$1.55$4.76$4.13$0.64
2019Detailed filing. Detailed filing data is available for this year.$1.17$0.26$0.91$3.24$3.61$0.37
2018Detailed filing. Detailed filing data is available for this year.$1.64$0.35$1.29$3.97$4.07$0.10
2017Detailed filing. Detailed filing data is available for this year.$1.45$0.07$1.39$4.12$3.51$0.61
2016Detailed filing. Detailed filing data is available for this year.$1.07$0.29$0.78$4.27$3.49$0.78
2015Detailed filing. Detailed filing data is available for this year.$0.53$0.53$0.00$3.62$3.70$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.29$0.21$0.08$3.77$3.36$0.41
2013Detailed filing. Detailed filing data is available for this year.$0.28$0.61$0.33$3.79$3.77$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.68$0.35$3.88
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.58$0.02$3.76
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.74$0.26$3.60