Artistas Y Musicos Latino Americanos
- Assets
- $117.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Philadelphia, PA
- Founding
- 10/1998
- Data as of
- 06/2022
- EIN
- 31-1616972
Organization Overview
Artistas Y Musicos Latino Americanos is located in Philadelphia, PA. The organization was established in 1998. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Artistas Y Musicos Latino Americanos 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 06/2022, Artistas Y Musicos Latino Americanos generated $194.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $171.0k during the year ending 06/2022. While expenses have increased by 2.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
ARTISTAS Y MUSICOS LATINO AMERICANOS ("AMLA") IS A NON-PROFIT CORPORATION WITH A MISSION TO PROMOTE, DEVELOP, AND INCREASE UNDERSTANDING OF LATIN AMERICAN MUSIC AND CULTURE THROUGHOUT PHILADELPHIA AND THE SURROUNDING AREA. AMLA PROVIDES YOUTH-FOCUSED MUSIC EDUCATION AND PRESENTING PROGRAMS WITH BOTH STUDENTS AND PROFESSIONAL ARTISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reverend Danny Cortes Chairman - Member | 2 | $0 | |
Angel Ortiz Board Vice-Chairman | 2 | $0 | |
Israel Colon Treasurer | 2 | $0 | |
Juan Laureda Board Member | 2 | $0 | |
Mike Garcia Board Member | 2 | $0 | |
Tamara Diaz Director | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $174,942 |
| Total Program Service Revenue | $19,481 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $300 |
| Total Revenue | $194,723 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,065 |
| Professional fees and other payments to independent contractors | $361 |
| Occupancy, rent, utilities, and maintenance | $117,688 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,875 |
| Total expenses | $170,989 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $80,844 |
| Other assets | $0 |
| Total assets | $117,858 |
| Total liabilities | $43,323 |
| Net assets or fund balances | $74,535 |