Civic Intelligence

Fundacion Luis Munoz Marin Inc.

EIN 66-0385902 • 501(c)3 • San Juan, PR

Pub. 78 Eligible

Profile

Helping to build puerto rico's future by preserving both the social and natural history and disseminating the values, philosophy and ideas of luis muoz marn and promoting them in identifying and solving the island's most urgent problems.

Rr2 Apartado 5San Juan, PR 00926-9179

luismuozmarin.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

37th percentile

0.05x

Higher debt load relative to assets than 37% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

55th percentile

0.20x

Higher debt load relative to revenue than 55% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

74th percentile

21%

Higher net margin than 74% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

33rd percentile

$85,000

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

47th percentile

3.2%

Faster asset growth than 47% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

48%

Faster revenue growth than 83% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$9,851,004

Up $308,435 (+3.2%) from 2023

Liabilities

Down

$522,868

Down $239,609 (-31%) from 2023

Net Assets

Up

$9,328,136

Up $548,044 (+6.2%) from 2023

Revenue

Up

$2,632,906

Up $848,214 (+48%) from 2023

Expenses

Up

$2,084,862

Up $348,366 (+20%) from 2023

Net Income

Up

$548,044

Up $499,848 (+1037%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2011: $6,472,509Liabilities 2011: $226,000Net Assets 2011: $6,246,5092011Assets 2012: $6,626,257Liabilities 2012: $89,810Net Assets 2012: $6,536,4472012Assets 2013: $8,441,427Liabilities 2013: $1,635,997Net Assets 2013: $6,805,4302013Assets 2014: $10,227,190Liabilities 2014: $2,632,547Net Assets 2014: $7,594,6432014Assets 2015: $10,643,309Liabilities 2015: $2,971,097Net Assets 2015: $7,672,2122015Assets 2016: $10,231,799Liabilities 2016: $2,723,648Net Assets 2016: $7,508,1512016Assets 2017: $10,717,288Liabilities 2017: $2,915,852Net Assets 2017: $7,801,4362017Assets 2018: $9,438,089Liabilities 2018: $303,997Net Assets 2018: $9,134,0922018Assets 2019: $9,314,927Liabilities 2019: $355,992Net Assets 2019: $8,958,9352019Assets 2020: $9,664,219Liabilities 2020: $1,213,594Net Assets 2020: $8,450,6252020Assets 2021: $9,390,433Liabilities 2021: $669,790Net Assets 2021: $8,720,6432021Assets 2022: $9,105,150Liabilities 2022: $373,254Net Assets 2022: $8,731,8962022Assets 2023: $9,542,569Liabilities 2023: $762,477Net Assets 2023: $8,780,0922023Assets 2024: $9,851,004Liabilities 2024: $522,868Net Assets 2024: $9,328,1362024

Highlighted filing

2024

Assets$9,851,004
Liabilities$522,868
Net Assets$9,328,136

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,835,809Expenses 2011: $1,650,247Net Income 2011: $185,5622011Revenue 2012: $2,062,310Expenses 2012: $1,772,372Net Income 2012: $289,9382012Revenue 2013: $1,969,876Expenses 2013: $1,700,893Net Income 2013: $268,9832013Revenue 2014: $2,774,688Expenses 2014: $1,985,475Net Income 2014: $789,2132014Revenue 2015: $2,498,834Expenses 2015: $2,421,265Net Income 2015: $77,5692015Revenue 2016: $2,020,843Expenses 2016: $2,184,905Net Income 2016: -$164,0622016Revenue 2017: $2,041,158Expenses 2017: $1,747,872Net Income 2017: $293,2862017Revenue 2018: $2,554,297Expenses 2018: $1,221,641Net Income 2018: $1,332,6562018Revenue 2019: $1,297,808Expenses 2019: $1,472,965Net Income 2019: -$175,1572019Revenue 2020: $936,155Expenses 2020: $1,444,465Net Income 2020: -$508,3102020Revenue 2021: $1,747,418Expenses 2021: $1,477,400Net Income 2021: $270,0182021Revenue 2022: $1,823,598Expenses 2022: $1,812,345Net Income 2022: $11,2532022Revenue 2023: $1,784,692Expenses 2023: $1,736,496Net Income 2023: $48,1962023Revenue 2024: $2,632,906Expenses 2024: $2,084,862Net Income 2024: $548,0442024

Highlighted filing

2024

Revenue$2,632,906
Expenses$2,084,862
Net Income$548,044

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.85$0.52$9.33$2.63$2.08$0.55
2023Detailed filing. Detailed filing data is available for this year.$9.54$0.76$8.78$1.78$1.74$0.05
2022Detailed filing. Detailed filing data is available for this year.$9.11$0.37$8.73$1.82$1.81$0.01
2021Detailed filing. Detailed filing data is available for this year.$9.39$0.67$8.72$1.75$1.48$0.27
2020Summary only. Only limited summary data is available for this year.$9.66$1.21$8.45$0.94$1.44$0.51
2019Summary only. Only limited summary data is available for this year.$9.31$0.36$8.96$1.30$1.47$0.18
2018Summary only. Only limited summary data is available for this year.$9.44$0.30$9.13$2.55$1.22$1.33
2017Summary only. Only limited summary data is available for this year.$10.7$2.92$7.80$2.04$1.75$0.29
2016Summary only. Only limited summary data is available for this year.$10.2$2.72$7.51$2.02$2.18$0.16
2015Summary only. Only limited summary data is available for this year.$10.6$2.97$7.67$2.50$2.42$0.08
2014Summary only. Only limited summary data is available for this year.$10.2$2.63$7.59$2.77$1.99$0.79
2013Summary only. Only limited summary data is available for this year.$8.44$1.64$6.81$1.97$1.70$0.27
2012Summary only. Only limited summary data is available for this year.$6.63$0.09$6.54$2.06$1.77$0.29
2011Summary only. Only limited summary data is available for this year.$6.47$0.23$6.25$1.84$1.65$0.19
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$2,632,906
Mission and Program Overview

Mission

Helping to build puerto rico's future by preserving both the social and natural history and disseminating the values, philosophy and ideas of luis muoz marn and promoting them in identifying and solving the island's most urgent problems.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,861,756$7,668,508▼ $193,248
Cash and Non-Interest-Bearing Accounts$1,597,386$1,641,306▲ $43,920
Accounts Receivable$59,250$517,559▲ $458,309
Total Assets$9,542,569$9,851,004▲ $308,435
Other Assets Total$24,177$23,631▼ $546
Liabilities
Accounts Payable and Accrued Expenses$329,898$430,715▲ $100,817
Deferred Revenue$432,579$92,153▼ $340,426
Total Liabilities$762,477$522,868▼ $239,609
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,395,063$8,814,758▲ $419,695
Net Assets With Donor Restrictions$385,029$513,378▲ $128,349
Total Net Assets Fund Balance$8,780,092$9,328,136▲ $548,044
Total Liabilities and Net Assets / Fund Balance$9,542,569$9,851,004▲ $308,435

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,251,664$3,391,681$9,643,345
Land$906,609-$906,609
Equipment$47,936$420,615$468,551
Other Land Buildings$462,299-$462,299
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Javier Aleman IglesiasExecutive DiFT$85,000$85,000
Julio Quiros AlcalaSub ExecutivFT$55,052$55,052

Highest Paid Contractors

ContractorServicesLocationCompensation
Green Tech Contractors LLCMaintenancePO BOX 1331, Las Piedras, PR 00771$113,715
St James Security Services LLCSecurityURB CARIBE 1604 AVE PONCE DE LEON, San Juan, PR 00926$104,339
Revenue and Support

Revenue Composition

Contributions and Grants
$2,227,669
Program Service Revenue
$35,159
Investment Income
$7,065
Other Revenue
$363,013
All Other Contributions
$1,028,091
Change in Net Assets
$548,044

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$247,568Fair Market Value When Re
Total Noncash Contributions1$247,568-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,632,906
Total Revenue per Audited Statements
$2,632,906
Total Revenue per Form 990
$2,632,906
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,819,175
Salaries, Compensation, and Employee Benefits$265,687
Total Fundraising Expense$124,043
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$194,624$68,807$41,178$304,609
Office Expenses$112,932$22,327$9,383$144,642
Current Officers, Directors, Trustees, and Key Employees$63,372$40,605$22,768$126,745
Insurance$71,260$18,324$12,216$101,800
Other Salaries and Wages$79,966$3,816$3,816$87,598
Other Expenses$42,730$23,307$13,949$42,730
Other Employee Benefits$19,801$6,136$3,672$29,609
Payroll Taxes$14,535$4,504$2,696$21,735
All Other Expenses$10,920$16$11$10,947
Total Functional Expenses$1,667,555$293,264$124,043$2,084,862

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,084,862
Total Expenses per Audited Statements$2,084,862
Total Expenses per Form 990$2,084,862
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

This form is revised by the management of the organization. After management comments and approval, the return is provided to the board of directors for final review, approval and filing.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Fundacin Luis Muoz Marin Inc
EIN
66-0385902
Phone
7877557979
Address
RR2 APARTADO 5, SAN JUAN, PR 00926-9179

Signing Officer

Name
Javier Aleman Iglesias
Title
Executive Director
Phone
7877557979
Signed
2025-05-15

Organization Details

Principal Officer
Javier Aleman Iglesias
Formed
1980
Legal Domicile
Pr
Voting Board Members
15
Independent Board Members
15
Employees
5
Volunteers
70

Preparer

Firm
Rsm Puerto Rico
Address
PO BOX 10528, SAN JUAN, PR 00922-0528
Preparer
Rafael De Rojas Sanchez
Phone
7877516164
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Helping to build puerto rico's future by preserving both the social and natural history and disseminating the values, philosophy and ideas of luis muoz marn and promoting them in identifying and solving the island's most urgent problems.

Form 990, Page 2, Part III, Line 4D

Luis muoz marin historical archives - 255,293 - the historical archive constitutes one of the primary resources of the foundation. Its contents have been estimated at close to one and a half million items, including, among others, private and public documents, as well as documents compiled by luis muoz marn during his younger years, and during his incumbencies as founder and as chairman of the popular democratic party from 1938 to 1960, as president from 1941 to 1949 and as member of the puerto rican senate on five occasions, and as first elected governor of puerto rico from 1949 to 1965 and other historical material of the 20th century in puerto rico and the caribbean. The gardens - 119,823 - in accordance with luis muoz marn's last will, the foundation maintains in its original state the property of approximately four "acres" where his family resided and where the foundation's facilities are located. This property serves as the site for varieties of over thirty (30) different trees, and a diversity of collections of plants and flowers, which serve as an urban forest for the enjoyment of the general public, and to enhance the environment in the metropolitan area. Publications - 134,881 - the foundation's publications program carries the objectives of editing, publishing, and promoting the publication of monographs, articles, and other materials related to the life, time and works of luis muoz marn and other historical material of the 20th century in puerto rico and the caribbean. Digitalization - 638,849 - the historical archive of the foundation established a digitalization project that allows the preservation of the historical collection in digital format. This program includes not only the processing of historical documents, but also old objects from the three- dimensional collections that the foundation owns. The digitalization of historical documents has opened the doors to a wider dissemination of the historical heritage in puerto rico. The opening through virtual access helps to conserve the documents and objects of the collections and achieve the dissemination by reaching and attracting potential researchers and other types of users who could not have physical access to the documents in puerto rico and the world. Total amount 1,148,846

Financial Statement Notes

Schedule D, Page 1, Part III, Line 1A

Collection items, which were acquired through donations by the estates of luis muoz marin and ines m. Mendoza de muoz marin, as well as from other donors, are not recognized as assets on the statement of financial position. Purchase of collections items are recorded as decrease in net asset without donor restrictions in the year in which the items are acquired or as net assets with donor restrictions if the net assets used to purchase the irems are restricted by donors

Schedule D, Page 4, Part XIII

The artwork collections ar part of an essencial exhibition of the museum that is lcoated inside the organization's facilities.

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IRS990/MissionDesc0HELPING TO BUILD PUERTO RICO'S FUTURE BY PRESERVING BOTH THE SOCIAL AND NATURAL HISTORY AND DISSEMINATING THE VALUES, PHILOSOPHY AND IDEAS OF LUIS MUOZ MARN AND PROMOTING THEM IN IDENTIFYING AND SOLVING THE ISLAND'S MOST URGENT PROBLEMS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0DOA INES MARIA MENDOZA PARK - THIS PROJECT IS RELATED TO THE DEVELOPMENT OF AN ARBORETUM IN A LOCATION ADJACENT TO THE FOUNDATION'S PREMISES. THIS PARK IS OPEN TO THE GENERAL PUBLIC AND FEATURES AN URBAN FOREST AND AN EDUCATIONAL CENTER DEDICATED TO THE BIODIVERSITY OF THE CARIBBEAN AND CONSERVATION OF OUR FLORA, AMONG OTHERS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0MUSEUMS, EXHIBITIONS AND GUIDED TOURS - VARIOUS EDIFICATIONS WITHIN THE FOUNDATION PREMISES HAVE BEEN CONVERTED INTO MUSEUMS AND EXHIBITION AREA. MUSEUM FACILITIES INCLUDE THE MUOZ-MENDOZA RESIDENCE, THE LUIS MUOZ MARN OFFICE AND LIBRARY, AS WELL AS THE "BOHO- OR MEETING PLACE. EXHIBITION ROOMS INCLUDE THE LUIS MUOZ MARN AND INS MARA MENDOZA HALLS. THESE FACILITIES ARE OPEN TO THE GENERAL PUBLIC. IN ADDITION, THE FOUNDATION PROVIDES GUIDED TOURS THROUGHOUT THE HISTORIC SITE, INCLUDING THE MUSEUMS, EXHIBITIONS, GARDENS, AS WELL AS THE PRESENTATION OF FILMS REGARDING THE LIFE AND WORK OF LUIS MUOZ MARN, AND THE CONTEMPORARY HISTORY OF PUERTO RICO, AMONG OTHERS.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0LUIS MUOZ MARIN HISTORICAL ARCHIVES - 255,293 - THE HISTORICAL ARCHIVE CONSTITUTES ONE OF THE PRIMARY RESOURCES OF THE FOUNDATION. ITS CONTENTS HAVE BEEN ESTIMATED AT CLOSE TO ONE AND A HALF MILLION ITEMS, INCLUDING, AMONG OTHERS, PRIVATE AND PUBLIC DOCUMENTS, AS WELL AS DOCUMENTS COMPILED BY LUIS MUOZ MARN DURING HIS YOUNGER YEARS, AND DURING HIS INCUMBENCIES AS FOUNDER AND AS CHAIRMAN OF THE POPULAR DEMOCRATIC PARTY FROM 1938 TO 1960, AS PRESIDENT FROM 1941 TO 1949 AND AS MEMBER OF THE PUERTO RICAN SENATE ON FIVE OCCASIONS, AND AS FIRST ELECTED GOVERNOR OF PUERTO RICO FROM 1949 TO 1965 AND OTHER HISTORICAL MATERIAL OF THE 20TH CENTURY IN PUERTO RICO AND THE CARIBBEAN. THE GARDENS - 119,823 - IN ACCORDANCE WITH LUIS MUOZ MARN'S LAST WILL, THE FOUNDATION MAINTAINS IN ITS ORIGINAL STATE THE PROPERTY OF APPROXIMATELY FOUR "ACRES" WHERE HIS FAMILY RESIDED AND WHERE THE FOUNDATION'S FACILITIES ARE LOCATED. THIS PROPERTY SERVES AS THE SITE FOR VARIETIES OF OVER THIRTY (30) DIFFERENT TREES, AND A DIVERSITY OF COLLECTIONS OF PLANTS AND FLOWERS, WHICH SERVE AS AN URBAN FOREST FOR THE ENJOYMENT OF THE GENERAL PUBLIC, AND TO ENHANCE THE ENVIRONMENT IN THE METROPOLITAN AREA. PUBLICATIONS - 134,881 - THE FOUNDATION'S PUBLICATIONS PROGRAM CARRIES THE OBJECTIVES OF EDITING, PUBLISHING, AND PROMOTING THE PUBLICATION OF MONOGRAPHS, ARTICLES, AND OTHER MATERIALS RELATED TO THE LIFE, TIME AND WORKS OF LUIS MUOZ MARN AND OTHER HISTORICAL MATERIAL OF THE 20TH CENTURY IN PUERTO RICO AND THE CARIBBEAN. DIGITALIZATION - 638,849 - THE HISTORICAL ARCHIVE OF THE FOUNDATION ESTABLISHED A DIGITALIZATION PROJECT THAT ALLOWS THE PRESERVATION OF THE HISTORICAL COLLECTION IN DIGITAL FORMAT. THIS PROGRAM INCLUDES NOT ONLY THE PROCESSING OF HISTORICAL DOCUMENTS, BUT ALSO OLD OBJECTS FROM THE THREE- DIMENSIONAL COLLECTIONS THAT THE FOUNDATION OWNS. THE DIGITALIZATION OF HISTORICAL DOCUMENTS HAS OPENED THE DOORS TO A WIDER DISSEMINATION OF THE HISTORICAL HERITAGE IN PUERTO RICO. THE OPENING THROUGH VIRTUAL ACCESS HELPS TO CONSERVE THE DOCUMENTS AND OBJECTS OF THE COLLECTIONS AND ACHIEVE THE DISSEMINATION BY REACHING AND ATTRACTING POTENTIAL RESEARCHERS AND OTHER TYPES OF USERS WHO COULD NOT HAVE PHYSICAL ACCESS TO THE DOCUMENTS IN PUERTO RICO AND THE WORLD. TOTAL AMOUNT 1,148,846
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