Raices Culturales Latino Americanas Inc
- Assets
- $4.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Aldan, PA
- Founding
- 11/1994
- Data as of
- 12/2021
- EIN
- 23-2662025
Organization Overview
Raices Culturales Latino Americanas Inc is located in Aldan, PA. The organization was established in 1994. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Raices Culturales Latino Americanas Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Raices Culturales Latino Americanas Inc generated $8.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (33.5%) each year. All expenses for the organization totaled $7.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (33.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
RAICES LATINOAMERICANAS CULTURUALES OFFERS LATIN AMERICAN MUSIC AND DANCE PERFORMANCES. THERE WERE 8 EVENTS DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Esposito President | 10 | $0 | |
Yolanda Alcorta Secretary | 10 | $0 | |
Ervin Cardoza Board Member | 10 | $0 | |
Tania Guerrero Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,580 |
| Total Program Service Revenue | $3,870 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,450 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,784 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $9 |
| Other expenses | $2,975 |
| Total expenses | $7,768 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,095 |
| Other assets | $0 |
| Total assets | $4,510 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,510 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Raices Culturales Latino Americanas Inc has recieved totaling $13.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $13 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Clay Center For The Arts & Sciences Of West Virginia Inc Charleston, WV | $104,991,627 | $9,740,232 |
Joan Mitchell Foundation Inc New York, NY | $163,093,074 | $7,287,755 |
African American Cultural Center Pittsburgh, PA | $15,275,830 | $8,128,417 |
Pioneer Works Art Foundation Brooklyn, NY | $17,838,425 | $7,041,619 |
St Anns Warehouse Inc Brooklyn, NY | $32,618,208 | $8,833,127 |
Mount Carmel Guild Education Newark, NJ | $2,668,838 | $6,215,422 |
One Club For Creativity Inc New York, NY | $23,237,696 | $9,988,732 |
Judd Foundation New York, NY | $82,389,087 | $7,883,436 |
Guild Hall Of East Hampton Inc East Hampton, NY | $35,896,554 | $17,394,413 |
Seward Johnson Atelier Inc Hamilton, NJ | $66,063,145 | $5,452,215 |
Baltimore Office Of Promotion And The Arts Baltimore, MD | $2,768,148 | $4,464,806 |
Boris Lurie Art Foundation Wilmington, DE | $0 | $786,286 |