Latin American Alliance is located in Lancaster, PA. The organization was established in 2015. 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. Latin American Alliance 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, Latin American Alliance generated $89.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $101.4k during the year ending 12/2021. While expenses have increased by 8.8% 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
2021
Describe the Organization's Program Activity:
Part 3
LATIN AMERICAN FESTIVALS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Claudia Galdamez Secretary | 8 | $0 | |
Jaime Zabala President | 32 | $0 | |
Miguel Tirado Board Member | 8 | $0 | |
Anne Stachura Board Member | 8 | $0 | |
Ramon Estevez Board Member | 8 | $0 | |
Maria Asin Treasurer | 8 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $88,207 |
Total Program Service Revenue | $1,958 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$1,074 |
Other Revenue | $0 |
Total Revenue | $89,091 |
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 | $54,600 |
Occupancy, rent, utilities, and maintenance | $19,219 |
Printing, publications, postage, and shipping | $6,935 |
Other expenses | $20,672 |
Total expenses | $101,426 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $22,658 |
Other assets | $0 |
Total assets | $22,658 |
Total liabilities | $0 |
Net assets or fund balances | $22,658 |
Over the last fiscal year, we have identified 2 grants that Latin American Alliance has recieved totaling $16,259.
Awarding Organization | Amount |
---|---|
The Steinman Foundation Lancaster, PA PURPOSE: GRANT | $10,000 |
Lancaster County Community Foundation Lancaster, PA PURPOSE: DESIGNATED GRANTS FOR GENERAL OPERATING SUPPORT. | $6,259 |
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