Latino Film Institute Youth Cinema Project
- Assets
- $2.8m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 86
- Location
- Glendale, CA
- Founding
- 11/2016
- Data as of
- 06/2023
- EIN
- 47-5010246
Organization Overview
Latino Film Institute Youth Cinema Project is located in Glendale, CA. The organization was established in 2016. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2023, Latino Film Institute Youth Cinema Project employed 86 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Latino Film Institute Youth Cinema Project 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 06/2023, Latino Film Institute Youth Cinema Project generated $4.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 51.2% each year . All expenses for the organization totaled $4.2m during the year ending 06/2023. While expenses have increased by 48.4% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE LATINO FILM INSTITUTE YOUTH CINEMA PROJECT IS TO ENHANCE A STUDENTS' EDUCATION THROUGH ITS PROJECT BASED LEARNING THAT PRODUCES COMPETENT, RESILIENT, AND REAL WORLD PROBLEM-SOLVERS AND BRIDGES THE ACHIEVEMENT AND OPPORTUNITY GAPS BY CTEATING LIFELONG LEARNERS AND THE ENTERTAINMENT INDUSTRY'S MULTICULTURAL FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LATINO FILM INSTITUTE YOUTH CINEMA PROJECT IS A STATEWIDE, PROJECT-BASED LEARNING EDUCATIONAL PROGRAM THAT DEVELOPS CREATIVITY AND REINFORCES LITERACY IN 4TH-12TH GRADE PUBLIC SCHOOLS THROUGH THE ART OF FILMMAKING. WE PARTNER WITH SCHOOL DISTRICTS, ADMINSTRATORS AND FACULTY TO ENSURE THE PROGRAM SUPPORTS COMMON CORE STANDARDS AND OVERALL LEARNING OBJECTIVES. WE PROVIDE INDUSTRY PROFESSIONALS, TEACHER TRAINING, CURRICULUM OUTLINES, AND WORKPLACE EXPOSURE BEYOND THE CLASSROOM.
LATINO FILM INSTITUTE YOUTH CINEMA PROJECT IS A STATEWIDE, PROJECT-BASED LEARNING EDUCATIONAL PROGRAM THAT DEVELOPS CREATIVITY AND REINFORCES LITERACY IN 4TH-12TH GRADE PUBLIC SCHOOLS THROUGH THE ART OF FILMMAKING. WE PARTNER WITH SCHOOL DISTRICTS, ADMINSTRATORS AND FACULTY TO ENSURE THE PROGRAM SUPPORTS COMMON CORE STANDARDS AND OVERALL LEARNING OBJECTIVES. WE PROVIDE INDUSTRY PROFESSIONALS, TEACHER TRAINING, CURRICULUM OUTLINES, AND WORKPLACE EXPOSURE BEYOND THE CLASSROOM.
(LALIFF)LOS ANGELES LATINO INTERNATIONAL FILM FESTIVAL - LALIFF IS THE PREMIER INTERNATIONAL EVENT DEDICATED TO REVELING IN THE LATINO HUMAN EXPERIENCE THROUGH FILM, TELEVISION, MUSIC, VISUAL ART, OR ANY FORM OF EXPRESSION THAT DEFIES CATEGORY. WITH FIVE DAYS OF BOTH IN-PERSON AND VIRTUAL SCREENINGS, MASTERCLASSES, PANELS, AND PERFORMANCES, LALIFF IS A GARDEN OF CREATIVITY AND A CELEBRATION OF LATINO LIFE
(LALIFF)LOS ANGELES LATINO INTERNATIONAL FILM FESTIVAL - LALIFF IS THE PREMIER INTERNATIONAL EVENT DEDICATED TO REVELING IN THE LATINO HUMAN EXPERIENCE THROUGH FILM, TELEVISION, MUSIC, VISUAL ART, OR ANY FORM OF EXPRESSION THAT DEFIES CATEGORY. WITH FIVE DAYS OF BOTH IN-PERSON AND VIRTUAL SCREENINGS, MASTERCLASSES, PANELS, AND PERFORMANCES, LALIFF IS A GARDEN OF CREATIVITY AND A CELEBRATION OF LATINO LIFE
SCHOLARS AND FELLOWSHIP PROGRAM THAT SUPPORTS EMERGING FILM MAKERS ADVANCING UP BY FUNDING THEIR SHORT FILMS.
SCHOLARS AND FELLOWSHIP PROGRAM THAT SUPPORTS EMERGING FILM MAKERS ADVANCING UP BY FUNDING THEIR SHORT FILMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rafael A Guerrero CEO | 40 | $189,894 | |
Sergio Monserrate Operations Directo | 40 | $149,952 | |
Erika Sabel Program Director | 40 | $149,923 | |
Edward James Olmos Board Member | Trustee | 2 | $0 |
Steve Zubkoff Board Member | Trustee | 2 | $0 |
Rick Lee Miller Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $225,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $957,686 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,182,686 |
| Total Program Service Revenue | $3,531,946 |
| Investment income | $7,908 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,722,540 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $199,894 |
| Compensation of current officers, directors, key employees. | $202,311 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,879,286 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $244,506 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,891 |
| Fees for services: Accounting | $81,630 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,212 |
| Fees for services: Other | $0 |
| Advertising and promotion | $58,419 |
| Office expenses | $3,114 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $116,091 |
| Travel | $334,904 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,567 |
| Interest | $988 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,695 |
| Insurance | $34,126 |
| All other expenses | $443,479 |
| Total functional expenses | $4,199,568 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $940,422 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,170,475 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $31,365 |
| Investments—publicly traded securities | $525,248 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $145,733 |
| Total assets | $2,813,243 |
| Accounts payable and accrued expenses | $102,407 |
| Grants payable | $0 |
| Deferred revenue | $23,698 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $142,117 |
| Total liabilities | $244,524 |
| Net assets without donor restrictions | $2,299,242 |
| Net assets with donor restrictions | $269,477 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,813,243 |