La Fundacion Puertorriquena De Las Humanidades Inc
- Assets
- $3.4m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 8
- Location
- San Juan, PR
- Founding
- 04/2019
- Data as of
- 10/2023
- EIN
- 66-0359285
Organization Overview
La Fundacion Puertorriquena De Las Humanidades Inc is located in San Juan, PR. The organization was established in 2019. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 10/2023, LA Fundacion Puertorriquena DE Las Humanidades Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LA Fundacion Puertorriquena DE Las Humanidades 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 10/2023, LA Fundacion Puertorriquena DE Las Humanidades Inc generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 23.5% each year . All expenses for the organization totaled $1.3m during the year ending 10/2023. While expenses have increased by 14.0% per year over the past 5 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.
Since 2019, LA Fundacion Puertorriquena DE Las Humanidades Inc has awarded 58 individual grants totaling $1,090,944. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
STIMULATES LOCAL INITIATIVES IN HUMANISTICS ENDEAVORS. ONE OF THE SIGNIFICANT PROGRAMS ARE THE COUNCIL CONDUCTED PROJECTS THAT INCLUDES THE DEVELOPMENT OF PUERTO RICO ONLINE ENCYCLOPEDIA PROJECT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROJECTS OFFICE OF FPH FINANCIALLY SUPPORTS PROJECTS THAT STIMULATES THE EXCHANGE OF IDEAS AND THE DISSEMINATION OF HUMANISTIC KNOWLEDGE IN THE PUERTO RICO SOCIETY. THE OFFICE OF COUNCIL CONDUCTED PROJECTS ASSITS TO ENRICH THE CURRICULUM AND TEACHING OF THE HUMANITIES IN PUERTO RICO AND CREATES A SUPPORT NETWORK THAT ESTABLISHES A SOURCE OF FUNDING FOR THE DEVELOPMENT OF A PUERTO RICO ONLINE ENCYCLOPEDIA. FUNDS ARE GRANTED BY THE NATIONAL ENDOWEMENT FOR THE HUMANITIES (NEH)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sonya Canetti Exective Dir | Officer | 40 | $81,000 |
Maria Del Carmen Baerga Member | Trustee | $0 | |
Taina Caragol Member | Trustee | $0 | |
Mercedes Casablanca Member | Trustee | $0 | |
Linda Colon Member | Trustee | $0 | |
Mariam Noble DE Guillemard Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,150,840 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,750,778 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,901,618 |
| Total Program Service Revenue | $0 |
| Investment income | $1,104 |
| 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 | $2,902,722 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $198,468 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $314,374 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $48,765 |
| Payroll taxes | $27,894 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $176 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $7,239 |
| Information technology | $107,706 |
| Royalties | $0 |
| Occupancy | $23,406 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $12,872 |
| All other expenses | $10,602 |
| Total functional expenses | $1,343,380 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,729,319 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,682,375 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,863 |
| Total assets | $3,423,557 |
| Accounts payable and accrued expenses | $246,136 |
| Grants payable | $250,558 |
| Deferred revenue | $0 |
| 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 | $496,694 |
| Net assets without donor restrictions | $67,173 |
| Net assets with donor restrictions | $2,859,690 |
| 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 | $3,423,557 |
Grants Awarded
Over the last fiscal year, La Fundacion Puertorriquena De Las Humanidades Inc has awarded $198,468 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
COMMON PATH INC PURPOSE: SUB AWARDS | $9,600 |
UNIVERSIDAD DE PR RP PURPOSE: SUB AWARDS | $20,580 |
UNIVERSIDAD DEL SAGRADO CORAZON PURPOSE: SUB AWARDS | $14,310 |
AMERICAN CELLO INSTITUTE INC PURPOSE: SUB AWARDS | $20,000 |
MUSEO DE LA HISTORIA DE SAN GERMAN PURPOSE: SUB AWARDS | $8,232 |
TALLER SALUD INC PURPOSE: SUB AWARDS | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
La Fundacion Puertorriquena De Las Humanidades Inc San Juan, PR | $3,423,557 | $2,902,722 |
Alliance Francaise De Puerto Rico San Juan, PR | $846,698 | $1,482,405 |
Beta-Local Inc San Juan, PR | $351,148 | $369,234 |
Asociacion Acirc Corp San Juan, PR | $226,142 | $394,862 |
Fundacion Nacional Para La Cultura Popular San Juan, PR | $123,260 | $256,369 |
Plataforma Eje Inc Guaynabo, PR | $35,642 | $0 |
Escuela Mayaguezana De Ballet Artes Y Educacion Eugenio Maria De Hosto Mayaguez, PR | $114,894 | $223,807 |
Compania De Baile Ballet Senorial Ponce, PR | $34,028 | $200,858 |
Alfonsina Inc San Juan, PR | $47,733 | $0 |
El Mundo De Los Munecos Puppetworld Inc San Juan, PR | $114,715 | $0 |
La Casa De La Cultura Isabelina Inc Isabela, PR | $36,129 | $0 |
Festival De Cine Internacional De Puerto Rico Inc San Juan, PR | $21,183 | $0 |
Pinceladas En Oro Inc Orocovis, PR | $525 | $15,462 |
La Casa De La Plena Tito Matos Inc San Juan, PR | $7,491 | $0 |
Cayey Cultural Inc San Juan, PR | $0 | $0 |
Escuela Musica En La Montana Inc Orocovis, PR | $0 | $0 |