Centrocultural Mexicano
- Assets
- $3.4m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 10
- Location
- Redmond, WA
- Founding
- Data as of
- 12/2022
- EIN
- 83-3001688
Organization Overview
Centrocultural Mexicano is located in Redmond, WA. 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 12/2022, Centrocultural Mexicano employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centrocultural Mexicano 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, Centrocultural Mexicano generated $5.5m in total revenue. All expenses for the organization totaled $4.0m during the year ending 12/2022. While expenses have increased by 132.4% per year over the past 3 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
CENTRO CULTURAL MEXICANO STRIVES TO INSPIRE INCLUSIVE PARTICIPATION BY THE COMMUNITY IN ALL ASPECTS OF EDUCATION, CULTURE, AND SOCIETY BY PROVIDING OPPORTUNITIES TO CREATE A POSITIVE FUTURE AND TO BUILD A VIBRANT COMMUNITY OF EMPOWERED INDIVIDUALS THROUGH ART AND CULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BASIC NEEDS - CENTRO CULTURAL MEXICANO HAS CO-CREATED AND IMPLEMENTED PROGRAMS TO PROVIDE AND DISTRIBUTE RENT ASSISTANCE, MORTGAGE ASSISTANCE, AND LOAN ASSISTANCE (WHEN USED FOR RENT) IN ORDER TO KEEP OUR COMMUNITY HOUSED. WE ADVOCATE FOR LONG-TERM AFFORDABLE HOUSING OPTIONS. CENTRO CULTURAL MEXICANO PROVIDES BILINGUAL AND CULTURALLY RELEVANT COVID 19 OUTREACH AND EDUCATION, AS WELL AS VACCINATIONS, APPOINTMENTS AND ACCESS TO BOOSTER SHOTS.
EDUCATION - CENTRO CULTURAL MEXICANO SUPPORTS YOUTH ENGAGEMENT THROUGH SERVICES AND OPPORTUNITIES LIKE OUR PAID INTERNSHIP PROGRAM. PROGRAMS - CENTRO CUTLRUAL MEXICANO ADVOCATES AT THE STATE AND LOCAL LEVEL TO ENSURE THAT POLICIES AND PROCEDURES ARE EQUITABLE AND ADDRESS THE NEEDS OF OUR COMMUNITIES.
ARTS & CULTURAL - PROGRAMMING CENTRO CULTURAL MEXICANO UTILIZES ART AND CULTURAL EVENTS AS AN INTEGRAL PART OF SERVICE DELIVERY.
SMALL BUSINESS SUPPORT - CENTRO CULTURAL MEXICANO SERVES SMALL BUSINESSES WITH BILINGUAL PROGRAMS AND SERVICES, PROVIDING WORKSHOPS, TECHNICAL ASSISTANCE, AND ACCESS TO INFORMATION AND FUNDING OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angie Hinojos Executive Director | OfficerTrustee | 60 | $168,652 |
Dave Juarez President | OfficerTrustee | 2 | $0 |
Siri Bliesner Vice President | OfficerTrustee | 1 | $0 |
Daniel Gauhgran Treasurer | OfficerTrustee | 1 | $0 |
Angie Hancock Secretary | OfficerTrustee | 1 | $0 |
Jorge Chavez Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $496,340 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,635,010 |
| All other contributions, gifts, grants, and similar amounts not included above | $347,315 |
| Noncash contributions included in lines 1a–1f | $6,746 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,478,665 |
| Total Program Service Revenue | $0 |
| Investment income | $82 |
| 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 | $5,478,747 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,779,565 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $297,918 |
| Compensation of current officers, directors, key employees. | $29,792 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $257,042 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $43,043 |
| Payroll taxes | $45,473 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,440 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $64,478 |
| Advertising and promotion | $916 |
| Office expenses | $30,515 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $118,598 |
| Travel | $9,965 |
| 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 | $9,977 |
| Insurance | $3,763 |
| All other expenses | $28,597 |
| Total functional expenses | $3,954,045 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $599,132 |
| Savings and temporary cash investments | $1,098,740 |
| Pledges and grants receivable | $542,354 |
| 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 | $162,213 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,040,246 |
| Total assets | $3,442,685 |
| Accounts payable and accrued expenses | $15,067 |
| Grants payable | $0 |
| Deferred revenue | $160,692 |
| 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 | $1,042,461 |
| Total liabilities | $1,218,220 |
| Net assets without donor restrictions | $2,224,465 |
| Net assets with donor restrictions | $0 |
| 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 | $3,442,685 |