Civic Intelligence

Latino Arts Inc.

990 • Fiscal year 2019 • EIN 39-1548491

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 12, 2020

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

84th percentile

0.22x

Higher debt load relative to assets than 84% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

81st percentile

0.08x

Higher debt load relative to revenue than 81% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

22nd percentile

-12%

Higher net margin than 22% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

16th percentile

-29%

Faster asset growth than 16% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

25th percentile

-19%

Faster revenue growth than 25% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$116,842

Down $47,212 (-29%) from 2018

Net Assets

Down

$91,320

Down $37,499 (-29%) from 2018

Liabilities

Down

$25,522

Down $9,713 (-28%) from 2018

Revenue

Down

$323,575

Down $73,450 (-19%) from 2018

Expenses

Down

$361,074

Down $45,937 (-11%) from 2018

Net Income

Down

-$37,499

Down $27,513 (-276%) from 2018

Historical Trend

Balance Sheet Trend

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

2019

Assets$116,842
Liabilities$25,522
Net Assets$91,320

Operations Trend

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

2019

Revenue$323,575
Expenses$361,074
Net Income-$37,499
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2020
Return Version
2019v5.1
Gross Receipts
$323,575
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.

Education of the general community on the arts of the various cultures.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$164,054$81,842▼ $82,212
Pledges and Grants Receivable-$35,000-
Total Assets$164,054$116,842▼ $47,212
Liabilities
Accounts Payable and Accrued Expenses$35,235$24,722▼ $10,513
Deferred Revenue-$800-
Total Liabilities$35,235$25,522▼ $9,713
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$103,686$65,153▼ $38,533
Net Assets With Donor Restrictions$25,133$26,167▲ $1,034
Total Net Assets Fund Balance$128,819$91,320▼ $37,499
Total Liabilities and Net Assets / Fund Balance$164,054$116,842▼ $47,212
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael ReyesPresident
Danielle MachataDirector
Maira GavioliDirector
Maria Lopez VentoDirector
Marisol CorianoDirector
Marlene CastilloDirector
Marsha SehlerDirector
Yolanda CarmonaDirector
Raul GalvanSecretary
Ricardo DiazVP/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$246,897
Program Service Revenue
$38,060
Investment Income
$0
Other Revenue
$38,618
All Other Contributions
$208,770
Change in Net Assets
$-37,499

Audited Revenue Reconciliation

Revenue per Audited Statements
$323,575
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$323,575
Total Revenue per Form 990
$323,575
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$361,074
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$170,793$30,141-$200,934
Occupancy$28,560$5,040-$33,600
Advertising$20,473$3,613-$24,086
Office Expenses$15,736$2,777-$18,513
Travel$5,415$956-$6,371
Fees for Services Accounting$5,143$907-$6,050
Conferences and Meetings$3,425$604-$4,029
Other Expenses$1,034$182-$1,216
Information Technology$425$75-$500
All Other Expenses$255$45-$300
Total Functional Expenses$306,913$54,161$0$361,074

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$361,074
Total Expenses per Audited Statements$361,074
Total Expenses per Form 990$361,074
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
Business relationship with 35% controlled entity
No
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 11B

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
Juan Ruiz
Title
Deputy Director
Phone
4143843100
Signed
2020-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Reyes
Formed
1985
Legal Domicile
Wi
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
75

Preparer

Firm
Cliftonlarsonallen Llp
Address
100 MARITIME DRIVE SUITE 2B, MANITOWOC, WI 54220
Preparer
Jon Swanson
Phone
9206845500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Independent contractors: program service expenses 170,793. Management and general expenses 30,141. Fundraising expenses 0. Total expenses 200,934.

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 organization under section 509(a)(1).

Raw XML AppendixShowing 400 of 418 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt035235
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt024722
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0EDUCATION OF THE GENERAL COMMUNITY ON THE ARTS OF THE VARIOUS CULTURES.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt03613
IRS990/AdvertisingGrp/ProgramServicesAmt020473
IRS990/AdvertisingGrp/TotalAmt024086
IRS990/AllOtherContributionsAmt0208770
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt045
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0255
IRS990/AllOtherExpensesGrp/TotalAmt0300
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JUAN RUIZ
IRS990/BooksInCareOfDetail/PhoneNum04143843100
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01028 S 9TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0MILWAUKEE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd053204
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0164054
IRS990/CashNonInterestBearingGrp/EOYAmt081842
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0604
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt03425
IRS990/ConferencesMeetingsGrp/TotalAmt04029
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0246897
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0361074
IRS990/CYOtherRevenueAmt038618
IRS990/CYProgramServiceRevenueAmt038060
IRS990/CYRevenuesLessExpensesAmt0-37499
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0361074
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0323575
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/EOYAmt0800
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0EDUCATION OF THE GENERAL COMMUNITY ON THE ARTS OF THE VARIOUS CULTURES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt025133
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt026167
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0306913
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0907
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt05143
IRS990/FeesForServicesAccountingGrp/TotalAmt06050
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt030141
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0170793
IRS990/FeesForServicesOtherGrp/TotalAmt0200934
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL REYES
IRS990/Form990PartVIISectionAGrp/PersonNm1RICARDO DIAZ
IRS990/Form990PartVIISectionAGrp/PersonNm2RAUL GALVAN
IRS990/Form990PartVIISectionAGrp/PersonNm3MARISOL CORIANO
IRS990/Form990PartVIISectionAGrp/PersonNm4YOLANDA CARMONA
IRS990/Form990PartVIISectionAGrp/PersonNm5MARLENE CASTILLO
IRS990/Form990PartVIISectionAGrp/PersonNm6MAIRA GAVIOLI
IRS990/Form990PartVIISectionAGrp/PersonNm7MARSHA SEHLER
IRS990/Form990PartVIISectionAGrp/PersonNm8DANIELLE MACHATA
IRS990/Form990PartVIISectionAGrp/PersonNm9MARIA LOPEZ VENTO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VP/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01985
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt038127
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0323575
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt075
IRS990/InformationTechnologyGrp/ProgramServicesAmt0425
IRS990/InformationTechnologyGrp/TotalAmt0500
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0WI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LATINO 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/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0128819
IRS990/NetAssetsOrFundBalancesEOYAmt091320
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0103686
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt065153
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt05040
IRS990/OccupancyGrp/ProgramServicesAmt028560
IRS990/OccupancyGrp/TotalAmt033600
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02777
IRS990/OfficeExpensesGrp/ProgramServicesAmt015736
IRS990/OfficeExpensesGrp/TotalAmt018513
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0FOOD AND BEVERAGES
IRS990/OtherExpensesGrp/Desc1EQUIPMENT RENTAL AND MA
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc3MEMBERSHIP DUES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06619
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13020
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2182
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3182
IRS990/OtherExpensesGrp/ProgramServicesAmt037506
IRS990/OtherExpensesGrp/ProgramServicesAmt117114
IRS990/OtherExpensesGrp/ProgramServicesAmt21034
IRS990/OtherExpensesGrp/ProgramServicesAmt31034
IRS990/OtherExpensesGrp/TotalAmt044125
IRS990/OtherExpensesGrp/TotalAmt120134
IRS990/OtherExpensesGrp/TotalAmt21216
IRS990/OtherExpensesGrp/TotalAmt31216
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt038618
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt038618
IRS990/OtherRevenueTotalAmt038618
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt035000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MICHAEL REYES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0TICKET SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt038060
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt038060
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0305361
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0407011
IRS990/PYOtherRevenueAmt060508
IRS990/PYProgramServiceRevenueAmt031156
IRS990/PYRevenuesLessExpensesAmt0-9986
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0407011
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0397025
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-37499
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt076678
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2015 AMOUNT: $ 3,256. 2016 AMOUNT: $ 5,970. 2017 AMOUNT: $ 7,823. 2018 AMOUNT: $ 60,508. 2019 AMOUNT: $ 38,618.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0246897
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0305361
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0378751
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0375646
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0325187
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01631842
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0179126
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt038618
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt060508
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt07823
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt05970
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt03256
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0116175
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.89920
IRS990ScheduleA/PublicSupportPY170Pct00.93390
IRS990ScheduleA/PublicSupportTotal170Amt01571802
IRS990ScheduleA/SubstantialContributorsTotAmt060040
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0246897
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0305361
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0378751
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0375646
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0325187
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01631842
IRS990ScheduleA/TotalSupportAmt01748017
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/ExpensesSubtotalAmt0361074
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0323575
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 ORGANIZATION UNDER SECTION 509(A)(1).
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0361074
IRS990ScheduleD/TotalRevenuePerForm990Amt0323575
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0323575
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0361074
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/ExplanationTxt3INDEPENDENT CONTRACTORS: PROGRAM SERVICE EXPENSES 170,793. MANAGEMENT AND GENERAL EXPENSES 30,141. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 200,934.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0164054
IRS990/TotalAssetsEOYAmt0116842
IRS990/TotalAssetsGrp/BOYAmt0164054
IRS990/TotalAssetsGrp/EOYAmt0116842
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0246897
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt054161
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0306913
IRS990/TotalFunctionalExpensesGrp/TotalAmt0361074
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt035235
IRS990/TotalLiabilitiesEOYAmt025522
IRS990/TotalLiabilitiesGrp/BOYAmt035235
IRS990/TotalLiabilitiesGrp/EOYAmt025522
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0128819
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt091320
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0306913
IRS990/TotalProgramServiceRevenueAmt038060
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt076678
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0323575
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt075
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0164054
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0116842
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0956
IRS990/TravelGrp/ProgramServicesAmt05415
IRS990/TravelGrp/TotalAmt06371
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01028 S 9TH STREET
IRS990/USAddress/CityNm0MILWAUKEE
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd053204
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.LATINOARTSINC.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JUAN RUIZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DEPUTY DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04143843100
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LATINO ARTS INC
ReturnHeader/Filer/BusinessNameControlTxt0LATI
ReturnHeader/Filer/EIN0391548491
ReturnHeader/Filer/PhoneNum04143843100
ReturnHeader/Filer/USAddress/AddressLine1Txt01028 S 9TH STREET
ReturnHeader/Filer/USAddress/CityNm0MILWAUKEE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053204
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0FFF55F81A3F3AE4ED99EA4C7BC73FF4637EEDE99
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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