Hola Hora Latina
- Assets
- $60.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Knoxville, TN
- Founding
- 11/2004
- Data as of
- 12/2022
- EIN
- 62-1809060
Organization Overview
Hola Hora Latina is located in Knoxville, TN. The organization was established in 2004. 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. Hola Hora Latina 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 12/2022, Hola Hora Latina generated $36.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $123.5k during the year ending 12/2022. 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
HOLA HORA LATINA OFFERED 12 DIFFERENT ART EXHIBITS AT IT CASA HOLA GALLERY/OFFICE. EACH, PROMOTING A DIFFERENT HISPANIC/LATINX ARTIST OR A MEMBER OF THE COMMUNITY. HOLA HORA LATINA ALSO OFFERED A YEARLY TWO DAY EVENT CALLED THE HOLA FESTIVAL WHICH PROMOTES THE VASTNESS OF THE HISPANIC/LATINX CULTURES THROUGH FOOD, MUSIC, DANCE AND A PARADE OF NATIONS. THIS EVENT USUALLY REACHES OVER 20,000 PEOPLE EVERY YEAR. HOLA HORA LATINA ALSO WAS AWARDED THE GOVERNOR'S AWARD FOR LEADERSHIP IN ART AND CULTURE FOR ALL THE STATE OF TN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Enrique Cruz Office Manager | 35 | $18 | |
Pedro Tomas President | 12 | $0 | |
Roger Roark Treasurer | 2 | $0 | |
Terra Clotfelter-Gomez Secreetary | 2 | $0 | |
Maria Clark Board Member | 2 | $0 | |
Maria Nathalie Hristov Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,408 |
| Total Program Service Revenue | $4,331 |
| Membership dues | $257 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$42,238 |
| Other Revenue | $0 |
| Total Revenue | $35,996 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $4,965 |
| Salaries, other compensation, and employee benefits | $21,854 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $7,695 |
| Printing, publications, postage, and shipping | $689 |
| Other expenses | $5,560 |
| Total expenses | $123,504 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,346 |
| Other assets | $0 |
| Total assets | $60,346 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,346 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hola Hora Latina has recieved totaling $15,500.
| Awarding Organization | Amount |
|---|---|
Arts And Culture Alliance Of Greater Knoxville Knoxville, TN PURPOSE: TO SUPPORT ARTS IN THE COMMUNITY | $9,500 |
Knoxville Cbid Management Corporation Knoxville, TN PURPOSE: ECONOMIC DEVELOPMENT TO BENEFIT DOWNTOWN KNOXVILLE | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Coalition To Salute Americas Heroes Foundation Leesburg, VA | $3,573,595 | $8,478,376 |
Center Of Creative Arts Saint Louis, MO | $22,497,336 | $9,712,696 |
Music City Inc Nashville, TN | $1,837,848 | $7,930,504 |
Crosstown Arts Memphis, TN | $38,457,214 | $4,680,625 |
John C Campbell Folk School Brasstown, NC | $20,488,128 | $4,524,565 |
Kranzberg Arts Foundation St Louis, MO | $18,112,007 | $6,602,930 |
Cafe 1040 Inc Alpharetta, GA | $1,445,364 | $4,184,740 |
Association Of American Voices Saint Louis, MO | $696,688 | $3,487,679 |
Memphis Equity Through Arts Meta Incorporated Memphis, TN | $5,874,530 | $7,164,597 |
Appalshop Inc Whitesburg, KY | $8,650,033 | $2,149,775 |
Memphis In May International Festival Inc Memphis, TN | $4,677,503 | $2,273,583 |
Safe States Alliance Atlanta, GA | $855,123 | $2,462,301 |