Chicago Latino Theater Alliance
- Assets
- $1.3m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 4
- Location
- Chicago, IL
- Founding
- 04/2017
- Data as of
- 06/2022
- EIN
- 81-4080246
Organization Overview
Chicago Latino Theater Alliance is located in Chicago, IL. The organization was established in 2017. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Chicago Latino Theater Alliance employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Latino Theater Alliance 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 06/2022, Chicago Latino Theater Alliance generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 38.0% each year . All expenses for the organization totaled $577.6k during the year ending 06/2022. While expenses have increased by 34.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CHICAGO LATINO THEATER ALLIANCE (CLATA) IS COMMITTED TO INCITE, FOSTER AND SHOWCASE NEW THOUGHT PROVOKING U.S. LATINO THEATER ARTISTS, PRIMARILY IN CHICAGO, AND TO INTRODUCE THEIR INTERNATIONAL COUNTERPARTS; TO PRESERVE CULTURAL HERITAGE, WHILE PROMOTING AND IDENTIFYING THE BEST CLASSICAL AND CONTEMPORARY PRODUCTIONS THAT INSPIRE A CROSS-CULTURAL AUDIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHICAGO LATINO THEATER ALLIANCE (CLATA), IS A NON-PROFIT ORGANIZATION FOUNDED IN 2016, DEDICATED TO BE A TRANSFORMATIVE CULTURAL ENGINE TO HELP DRIVE THE LOCAL LATINO THEATER COMMUNITY TO A MORE PROMINENT LEVEL, AND TO SHAPE CHICAGO'S CULTURAL LANDSCAPE BY STRENGTHENING ITS DIVERSITY THROUGH THEATER. CLATA WORKS DILIGENTLY YEAR ROUND TO SUPPORT LOCAL LATINO CHICAGO THEATER ARTISTS, PROVIDE ACCESS TO FOUNDATIONS AND CORPORATIONS, PROMOTE THEIR WORK, AUGMENT THEIR AUDIENCES, FORGE COLLABORATIONS, AND PRODUCES DESTINOS, ONE OF THE COUNTRY'S LEADING ANNUAL INTERNATIONAL LATINO THEATER FESTIVALS. THROUGH DESTINOS FESTIVAL LATINO STORIES AND EXPERIENCES ARE REPRESENTED, CELEBRATED AND AMPLIFIED, WHICH IN TURN DEMONSTRATES THAT CHICAGO IS A MECCA OF DIVERSE QUALITY THEATER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rose Mary Bombela Vice Preside | OfficerTrustee | 2 | $2 |
Marty Castro Chairman | OfficerTrustee | 2 | $0 |
Carlos Tortolero Sercetary | OfficerTrustee | 2 | $0 |
Enrique Lopez Treasurer | OfficerTrustee | 2 | $0 |
Myrna Salazar Executive Di | OfficerTrustee | 40 | $0 |
Pepe Vargas Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $188,495 |
| All other contributions, gifts, grants, and similar amounts not included above | $906,855 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,095,350 |
| Total Program Service Revenue | $25,896 |
| Investment income | $290 |
| 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 | $1,121,536 |
| 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. | $98,653 |
| Compensation of current officers, directors, key employees. | $14,797 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $110,824 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,338 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,045 |
| Fees for services: Accounting | $7,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $25,839 |
| Office expenses | $17,886 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,315 |
| Travel | $28,503 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,063 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,273 |
| All other expenses | $0 |
| Total functional expenses | $577,633 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $565,546 |
| Savings and temporary cash investments | $181,620 |
| Pledges and grants receivable | $543,500 |
| Accounts receivable, net | $0 |
| 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 | $1,299 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,000 |
| Total assets | $1,293,965 |
| Accounts payable and accrued expenses | $4,718 |
| Grants payable | $0 |
| 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 | $4,718 |
| Net assets without donor restrictions | $789,247 |
| Net assets with donor restrictions | $500,000 |
| 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 | $1,293,965 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Chicago Latino Theater Alliance has recieved totaling $276,500.
| Awarding Organization | Amount |
|---|---|
Ford Foundation New York, NY PURPOSE: CORE SUPPORT FOR THE DESTINOS THEATER FESTIVAL, WHERE LATINO STORIES AND EXPERIENCES ARE REPRESENTED, CELEBRATED AND AMPLIFIED, AND DEMONSTRATES THAT CHICAGO IS A CENTER FOR DIVERSE, QUALITY THEATER | $100,000 |
Walder Family Foundation Wilmington, DE PURPOSE: SUB PHASE ONE - PRE-DEVELOPMENT FOR THEATRE COMPLEX | $75,000 |
Joyce Foundation Chicago, IL PURPOSE: CULTURE | $60,000 |
Shubert Foundation Inc New York, NY PURPOSE: GENERAL OPERATING | $15,000 |
Allstate Foundation Northbrook, IL PURPOSE: 2021 YEAR END DISASTER GRANT | $15,000 |
New England Foundation For The Arts Inc Boston, MA PURPOSE: GENERAL OPERATING, CREATION AND/OR PRESENTING SUPPORT | $11,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Municipal Theatre Association Of St Louis St Louis, MO | $124,521,689 | $24,643,540 |
Milwaukee Repertory Theater Inc Milwaukee, WI | $57,957,999 | $35,719,750 |
Chicago Theatre Group Inc Chicago, IL | $67,225,016 | $13,268,580 |
Chicago Shakespeare Theater Chicago, IL | $57,017,216 | $17,200,053 |
Steppenwolf Theater Co Chicago, IL | $121,972,303 | $10,370,800 |
Repertory Theatre Of St Louis Saint Louis, MO | $11,243,335 | $8,131,352 |
Theater League Inc Kansas City, MO | $27,534,408 | $1,974,369 |
American Players Theatre Of Wisconsin Inc Spring Green, WI | $23,897,771 | $10,669,807 |
Kansas City Repertory Theatre Inc Kansas City, MO | $16,549,534 | $6,035,764 |
Actors Theatre Of Louisville Inc Louisville, KY | $21,191,144 | $5,821,422 |
Black Ensemble Theater Corporation Chicago, IL | $20,384,078 | $7,980,643 |
Indiana Repertory Theatre Inc Indianapolis, IN | $37,888,080 | $6,579,183 |