Civic Intelligence

Latino Arts Inc.

990 • Fiscal year 2014 • EIN 39-1548491

Jan 01, 2014 to Dec 31, 2014 • Filed on May 27, 2015

Organization ProfileWWW.LATINOARTSINC.ORG
1028 S 9th StreetMilwaukee, WI 53204

(414) 384-3100

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.73x

Higher debt load relative to assets than 92% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

76th percentile

0.06x

Higher debt load relative to revenue than 76% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

65th percentile

11%

Higher net margin than 65% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

49th percentile

1.6%

Faster asset growth than 49% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

46th percentile

-0.6%

Faster revenue growth than 46% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$28,746

Up $466 (+1.6%) from 2013

Net Assets

Up

$7,790

Up $40,686 (+124%) from 2013

Liabilities

Down

$20,956

Down $40,220 (-66%) from 2013

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin65th percentile

Revenue

Down

$376,514

Down $2,370 (-0.6%) from 2013

Expenses

Down

$335,828

Down $41,363 (-11%) from 2013

Net Income

Up

$40,686

Up $38,993 (+2303%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth49th 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

2014

Assets$28,746
Liabilities$20,956
Net Assets$7,790
Open 2014 Filing

Operations Trend

Revenue Growth46th percentile

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

2014

Revenue$376,514
Expenses$335,828
Net Income$40,686
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 27, 2015
Return Version
2014v5.0
Gross Receipts
$376,514
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$22,030$20,495▼ $1,535
Pledges and Grants Receivable$6,250$8,251▲ $2,001
Total Assets$28,280$28,746▲ $466
Liabilities
Accounts Payable and Accrued Expenses$61,176$20,956▼ $40,220
Total Liabilities$61,176$20,956▼ $40,220
Net Assets / Fund Balance
Temporarily Rstr Net Assets$31,603$33,418▲ $1,815
Unrestricted Net Assets$-64,499$-25,628▲ $38,871
Total Net Assets Fund Balance$-32,896$7,790▲ $40,686
Total Liabilities and Net Assets / Fund Balance$28,280$28,746▲ $466
Compensation and Service Providers
Top Officer Pay74th percentile

Board Members and Trustees

NameTitle
Michael ReyesPresident
Ricardo DiazVice President
Alex FuentesDirector
Andres De LeonDirector
Danielle MachataDirector
Gary W BallesterosDirector
Maria Lopez VentoDirector
Thomas Ladky JrDirector
Yolanda CarmonaDirector
Raul GalvanSecretary
Daisy CubiasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$338,563
Program Service Revenue
$37,951
Investment Income
$0
Other Revenue
$0
All Other Contributions
$299,852
Change in Net Assets
$40,686

Audited Revenue Reconciliation

Revenue per Audited Statements
$376,514
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$376,514
Total Revenue per Form 990
$376,514
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$177,318
Salaries, Compensation, and Employee Benefits$158,510
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$98,767$17,430-$116,197
Fees for Services Other$33,520$5,915-$39,435
Occupancy$28,795$5,081-$33,876
Other Employee Benefits$20,750$3,662-$24,412
Advertising$15,919$2,809-$18,728
Payroll Taxes$9,294$1,640-$10,934
Travel$7,177$1,266-$8,443
Pension Plan Contributions$5,922$1,045-$6,967
Office Expenses$3,890$687-$4,577
Conferences and Meetings$2,845$502-$3,347
All Other Expenses$2,130$376-$2,506
Other Expenses$2,040$360-$2,400
Information Technology$1,052$186-$1,238
Total Functional Expenses$285,454$50,374$0$335,828

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$335,828
Total Expenses per Audited Statements$335,828
Total Expenses per Form 990$335,828
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The board reviews the audited financial statements that the 990 is prepared from.”

Form 990, Part VI, Section B, Line 12C

“No 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.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Latino Arts Inc
EIN
39-1548491
Phone
4143843100
Address
1028 S 9TH STREET, MILWAUKEE, WI 53204

Signing Officer

Name
Ricardo Diaz
Title
Vice President
Phone
4143843100
Signed
2015-05-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Reyes
Formed
1985
Legal Domicile
Wi
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
86

Preparer

Firm
Schenck Sc
Address
11414 W PARK PLACE STE 200, MILWAUKEE, WI 53224
Preparer
Jill M Boyle
Phone
4144634411
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Artists/performers: program service expenses 33,520. Management and general expenses 5,915. Fundraising expenses 0. Total expenses 39,435.”

Financial Statement Notes

PART X, LINE 2:

“The 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 foundation 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 organizations 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, 2014. 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.”

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

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IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01640
IRS990/PayrollTaxesGrp/ProgramServicesAmt09294
IRS990/PayrollTaxesGrp/TotalAmt010934
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01045
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt05922
IRS990/PensionPlanContributionsGrp/TotalAmt06967
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt06250
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt08251
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MICHAEL REYES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0TICKET SALES
IRS990/ProgramServiceRevenueGrp/Desc1OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt035184
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12767
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt035184
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12767
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0338853
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0196079
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt040031
IRS990/PYRevenuesLessExpensesAmt01693
IRS990/PYSalariesCompEmpBnftPaidAmt0181112
IRS990/PYTotalExpensesAmt0377191
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0378884
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt040686
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt037951
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0338563
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0338853
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0319706
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0356382
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0275994
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01629498
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0170396
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02767
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt05665
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt04464
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt05571
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt05733
IRS990ScheduleA/OtherIncome170Grp/TotalAmt024200
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96790
IRS990ScheduleA/PublicSupportPY170Pct00.97210
IRS990ScheduleA/PublicSupportTotal170Amt01600646
IRS990ScheduleA/SubstantialContributorsTotAmt028852
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0338563
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0338853
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0319706
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0356382
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0275994
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01629498
IRS990ScheduleA/TotalSupportAmt01653698
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0335828
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0376514
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE 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 FOUNDATION 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 ORGANIZATIONS 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, 2014. 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/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0335828
IRS990ScheduleD/TotalRevenuePerForm990Amt0376514
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0376514
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0335828
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD REVIEWS THE AUDITED FINANCIAL STATEMENTS THAT THE 990 IS PREPARED FROM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO 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/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ARTISTS/PERFORMERS: PROGRAM SERVICE EXPENSES 33,520. MANAGEMENT AND GENERAL EXPENSES 5,915. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 39,435.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt031603
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt033418
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt028280
IRS990/TotalAssetsEOYAmt028746
IRS990/TotalAssetsGrp/BOYAmt028280
IRS990/TotalAssetsGrp/EOYAmt028746
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0338563
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt050374
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0285454
IRS990/TotalFunctionalExpensesGrp/TotalAmt0335828
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt061176
IRS990/TotalLiabilitiesEOYAmt020956
IRS990/TotalLiabilitiesGrp/BOYAmt061176
IRS990/TotalLiabilitiesGrp/EOYAmt020956
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-32896
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07790
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0285454
IRS990/TotalProgramServiceRevenueAmt037951
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt037951
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0376514
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt086
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt028280
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt028746
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01266
IRS990/TravelGrp/ProgramServicesAmt07177
IRS990/TravelGrp/TotalAmt08443
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-64499
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-25628
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01028 S 9TH STREET
IRS990/USAddress/CityNm0MILWAUKEE
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd053204
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.LATINOARTSINC.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RICARDO DIAZ

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$28,746
Liabilities
$20,956
Net assets
$7,790
Revenue
$376,514
Expenses
$335,828
Net income
$40,686
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