Latin American Studies Association Inc
- Assets
- $9.9m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 12
- Location
- Pittsburgh, PA
- Founding
- 10/1969
- Data as of
- 09/2023
- EIN
- 52-0882881
Organization Overview
Latin American Studies Association Inc is located in Pittsburgh, PA. The organization was established in 1969. According to its NTEE Classification (V35) the organization is classified as: International Studies, under the broad grouping of Social Science and related organizations. As of 09/2023, Latin American Studies Association Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Latin American Studies Association 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 09/2023, Latin American Studies Association Inc generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $2.8m during the year ending 09/2023. 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
TO FOSTER INTELLECTUAL DISCUSSION, RESEARCH, AND TEACHING ON LATIN AMERICA, THE CARIBBEAN, AND ITS PEOPLE THROUGHOUT THE AMERICAS, PROMOTE THE INTERESTS OF ITS DIVERSE MEMBERSHIP, AND ENCOURAGE CIVIC ENGAGEMENT THROUGH NETWORK BUILDING AND PUBLIC DEBATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LATIN AMERICAN RESEARCH REVIEW - LARR IS THE ASSOCIATION JOURNAL PUBLISHED 3 TIMES A YEAR AND SENT TO ALL MEMBERS OF THE ASSOCIATION. OTHER PUBLICATIONS ARE NEWSLETTERS, DIRECTORY, AND BULLETIN OF LATIN AMERICAN RESEARCH FORUM.
SPECIAL PROJECTS: 1) FORD-LASA SPECIAL PROJECTS SUPPORT MINICONFERENCES AND SMALL WORKING GROUPS, AS WELL AS TRANSREGIONAL RESEARCH INITIATIVES.2) MELLON SEMINARS - THIS PROGRAM IS INTENDED TO FOSTER INNOVATION IN LATIN AMERICAN STUDIES AND ENRICH LASA CONGRESSES BY SUPPORTING PROJECTS THAT REFLECT ONE OR MORE OF THE FOLLOWING OBJECTIVES:A) INCORPORATE INTO LATIN AMERICAN STUDIES RESEARCHERS WHOSE PRIMARY GEOGRAPHIC FOCUS IS ON OTHER REGIONS OF THE WORLD, THUS ADDING COMPARATIVE OR CONNECTIVE DIMENSIONS TO LATIN AMERICA-RELATED WORK AND/OR INTRODUCING TO THE FIELD METHODOLOGICAL OR ANALYTICAL PERSPECTIVES THAT HAVE TYPICALLY BEEN APPLIED ELSEWHERE.B) CHALLENGE CONVENTIONAL GEOGRAPHIC BOUNDARIES OF LATIN AMERICAN STUDIES, FOR EXAMPLE BY EXPLORING OPPORTUNITIES FOR ARTICULATING RESEARCH IN TERMS OF THE AMERICAS, THE ATLANTIC, THE PACIFIC RIM, OR OTHER GEOGRAPHIC CONFIGURATIONS.C) INTEGRATE INTO LATIN AMERICAN STUDIES THEORETICAL AND/OR METHODOLOGICAL PERSPECTIVES DRAWN FROM STATE OF THE ART RESEARCH IN CORE DISCIPLINES OF THE SOCIAL SCIENCES AND HUMANITIES.
CONGRESS - CONGRESS IS HELD EVERY TWELVE MONTHS FOR EXPERTS TO GATHER TO DISCUSS LATIN AMERICA AND THE CARIBBEAN.
SECTIONS - LASA SECTIONS PROMOTE THE COMMON INTEREST IN SPECIFIC AREAS OF LATIN AMERICAN STUDIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Burt Jo-Marie President | OfficerTrustee | 2 | $0 |
Guerrero Javier Vice-President/president Elect | OfficerTrustee | 2 | $0 |
Pribble Jennifer Treasurer | OfficerTrustee | 2 | $0 |
Espinosa Arango Monica Incoming Treasurer | OfficerTrustee | 2 | $0 |
Lopez Maya Margarita Past President | Trustee | 2 | $0 |
Bada Xochitl Exec Council | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $896,685 |
| Fundraising events | $0 |
| Related organizations | $204,284 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $260,868 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,361,837 |
| Total Program Service Revenue | $50,525 |
| Investment income | $176,434 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $28,561 |
| Net Rental Income | $8,107 |
| Net Gain/Loss on Asset Sales | -$130,076 |
| Net Income from Fundraising Events | $15,048 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,546,965 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $6,506 |
| Grants and other assistance to Foreign Orgs/Individuals | $98,500 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $158,132 |
| Compensation of current officers, directors, key employees. | $36,370 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $741,766 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $231,273 |
| Payroll taxes | $53,458 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,494 |
| Fees for services: Accounting | $25,436 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $92,132 |
| Fees for services: Other | $171,693 |
| Advertising and promotion | $3,695 |
| Office expenses | $134,245 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $238,941 |
| Travel | $59,648 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $567,026 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $83,369 |
| Insurance | $15,922 |
| All other expenses | $3,354 |
| Total functional expenses | $2,774,146 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $567,296 |
| Savings and temporary cash investments | $284,245 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $266,881 |
| 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 | $72,841 |
| Net Land, buildings, and equipment | $2,538,180 |
| Investments—publicly traded securities | $6,183,915 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,913,358 |
| Accounts payable and accrued expenses | $209,924 |
| Grants payable | $0 |
| Deferred revenue | $1,033,439 |
| 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 | $0 |
| Total liabilities | $1,243,363 |
| Net assets without donor restrictions | $5,694,745 |
| Net assets with donor restrictions | $2,975,250 |
| 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 | $9,913,358 |