Alcortas Folklorico Diamante Inc is located in Corpus Christi, TX. The organization was established in 1999. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, 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. Alcortas Folklorico Diamante 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 12/2022, Alcortas Folklorico Diamante Inc generated $141.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $139.7k during the year ending 12/2022. While expenses have increased by 4.6% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ALCORTA'S FOLKLORICO DIAMANTE PRESENTS AN ANNUAL DANCE PERFORMANCE, HOLDS A CFT DANCE COMPETITION, COORDINATES COSTUMES TO STUDENTS, FUNDRAISESAND RAISES TUITION FROM 24 STUDENTS AND GIVES SCHOLARSHIPS TO 24 MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cynthia M Alcorta President/founder | 5 | $0 | |
Samuel Alcorta Jr Chair/treasurer | 40 | $3,000 | |
Sasha Alcorta Secretary | 20 | $2,000 | |
Amanda Gonzalez Director | 2 | $0 | |
Jennifer Pena Director | 2 | $0 | |
Pati Lerma Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $49,750 |
Total Program Service Revenue | $91,387 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $141,137 |
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 | $15,664 |
Occupancy, rent, utilities, and maintenance | $31,200 |
Printing, publications, postage, and shipping | $176 |
Other expenses | $92,709 |
Total expenses | $139,749 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $3,713 |
Other assets | $0 |
Total assets | $3,713 |
Total liabilities | $0 |
Net assets or fund balances | $3,713 |