National Hispanic Cultural Center Foundation is located in Albuquerque, NM. The organization was established in 1986. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, National Hispanic Cultural Center Foundation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Hispanic Cultural Center Foundation 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 06/2023, National Hispanic Cultural Center Foundation generated $432.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $1.0m during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT THE NATIONAL HISPANIC CULTURAL CENTER. THE FOUNDATION SUPPORTS THE MISSION TO PRESERVE, PROMOTE, AND ADVANCE HISPANIC CULTURE, ARTS, AND LITERARY ARTS PROGRAMMING.THE FOUNDATION FURTHER SUPPORTS THE NHCC BY INSPIRING INVESTMENT AND CONNECTION TO THE PRESERVATION, PROMOTION AND ADVANCEMENT OF ALL HISPANIC PEOPLE THROUGH EXPERIENCES, ART, CULTURE, AND HUMANITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP PROGRAM -THE NHCCF'S DEVELOPMENT ACTIVITIES CONSIST OF A ROBUST MEMBERSHIP PROGRAM THAT PROVIDES ACCESS TO SPECIAL EVENTS AND PREVIEW SCREENINGS, THE ANNUAL HEALTH FAIR CALLED DIA DE SALUD, AND AN ANNUAL SIGNATURE GALA EVENT ENTITLED MARAVILLA, WHICH CELEBRATES THE ACCOMPLISHMENTS AND IMPACTS OF THE NHCC, AND DRAWS ITS INSPIRATION FROM A DIFFERENT REGION OF THE HISPANIC WORLD EACH YEAR. THE ANNUAL DREAMBUILDERS EVENT HAS BEEN REPLACED WITH AN ANNUAL HEALTH FAIR CALLED DIA DE SALUD. THE EVENT WILL FOCUS ON OVERALL HEALTH AND WELL-BEING, WHILE ALSO AIMING TO CELEBRATE AND INCORPORATE THE INFLUENCE OF HISPANIC CULTURE AND TRADITIONS. THE NHCCF RECOGNIZES THE UNIQUE HEALTH CHALLENGES AND PERSPECTIVES WITHIN THE HISPANIC COMMUNITY AND SEEKS TO PROVIDE CULTURALLY RELEVANT INFORMATION AND RESOURCES. BY INFUSING HISPANIC INFLUENCE INTO DA DE SALUD, THE HEALTH FAIR CAN EFFECTIVELY REACH AND RESONATE WITH THE HISPANIC COMMUNITY, PROMOTING A SENSE OF CULTURAL PRIDE, AWARENESS, AND EMPOWERMENT AROUND HEALTH AND WELL-BEING. IN ADDITION, THE NHCCF OBTAINS SIGNIFICANT GRANTS, PUBLIC, AND PRIVATE SUPPORT FOR THE NHCC'S PROGRAMS, BOTH THROUGH RESTRICTED FUNDS AND UNRESTRICTED GIFTS.
OTHER PROGRAM SERVICES: HISTORY AND LITERARY ARTS PROGRAM - THE NHCCS HISTORY & LITERARY ARTS PROGRAM DOCUMENTS, PRESERVES, AND MAKES ACCESSIBLE HISPANIC HISTORY, CULTURAL TRADITIONS, AND LITERATURE. THE NHCC LIBRARY COLLECTIONS ENCOMPASS BOOKS, PERIODICALS, MICROFILM, VIDEO, AUDIO RECORDINGS, AND LONG-PLAYING SOUND RECORDINGS CONCENTRATED ON THE HISTORY OF HISPANICS AND LATINOS WORLDWIDE. THE NHCC ARCHIVES IS A REPOSITORY FOR RARE BOOKS, PHOTO AND MANUSCRIPT COLLECTIONS, AND THE PERSONAL PAPERS OF PROMINENT NEW MEXICANS. THE HLA PROGRAM FURTHER FULFILLS ITS MISSION THROUGH LECTURES, BOOK SIGNINGS AND BOOK READINGS, HISTORICAL AND LITERARY EXHIBITS, AND SHORT COURSES. HISTORY AND LITERARY ARTS ALSO ANNUALLY HOLDS THE UNITED STATES ONLY NATIONAL LATINO WRITERS CONFERENCE. THE HISTORY AND LITERARY ARTS PROGRAM IS CURRENTLY PARTIALLY SUPPORTED THROUGH GRANT FUNDING AND PRIVATE DONATIONS, WITH THE GOAL TO INCREASE THESE AND OTHER SOURCES OF FUNDING. EDUCATION PROGRAM - THE NHCC'S EDUCATION PROGRAM IS SUPPORTED HEAVILY FROM GRANT REVENUE, TUITION, CORPORATE SPONSORSHIPS AND PRIVATE DONATIONS. WITH THIS SUPPORT, THE EDUCATION PROGRAM PROVIDES MOTIVATING AND MEANINGFUL EDUCATIONAL OPPORTUNITIES FOR THE COMMUNITY IN THE HUMANITIES AND SCIENCES THROUGH THE LENS OF HISPANIC CULTURE AND HISTORY, THE PROGRAM SERVES BETWEEN 2,000 AND 6,000 PEOPLE EACH MONTH, AND OFFERS SCHOOL DAY EVENTS, FAMILY EVENTS, COMMUNITY PROGRAMMING, EXHIBITIONS, ONLINE RESOURCES, SUMMER INSTITUTES, AND TEACHER TRAINING HERRERA INTERNSHIP PROGRAM - THE HERRERA INTERNSHIP ENDOWMENT FUND PROVIDES INTERNSHIPS ANNUALLY TO LATINA STUDENTS WHO ARE HIGH SCHOOL SENIORS OR ENROLLED AT LEAST HALF TIME IN AN ACCREDITED NEW MEXICO COLLEGE OR UNIVERSITY. ESTABLISHED BY NATIVE NEW MEXICAN, DR. DENISE HERRERA IN 2016, THE HERRERA INTERNSHIP ENDOWMENT WILL ALLOW INTERNS TO LEARN OF THE MANY AREAS OF A NATIONAL, CULTURAL INSTITUTION, THE NHCC, IN AREAS SUCH AS ADMINISTRATION, VISUAL ARTS, PERFORMING ARTS, HISTORY AND LITERARY ARTS OR EDUCATION PROGRAMS.
PERFORMING ARTS PROGRAM - THE NHCCS PERFORMING ARTS PROGRAM IS ALSO SUPPORTED BY GRANT REVENUE, TICKET SALES, CORPORATE SPONSORSHIPS AND PRIVATE DONATIONS. WITH THIS SUPPORT, THE PERFORMING ARTS PROGRAM PRESENTS EVERYTHING FROM CUTTING-EDGE THEATRE TO THEATRICAL INTERPRETATIONS OF CLASSIC LATINO WORKS, FROM RIVETING CONTEMPORARY DANCE TO TRADITIONAL BALLET, FOLKLORICO AND FLAMENCO, FROM WORLD MUSIC FESTIVALS TO COMMUNITY MUSICAL CELEBRATIONS. WITH THREE THEATERS AND OVER 80,000 TICKETS SOLD EACH YEAR, THE NHCCS PERFORMING ARTS PROGRAM BRINGS THE DIVERSITY AND RICHNESS OF THE LATINO CULTURE TO STAGE FOR ADULTS AND CHILDREN ALIKE TO ENJOY.
ART MUSEUM & VISUAL ARTS PROGRAM - THE NHCCS ART MUSEUM AND VISUAL ARTS PROGRAM COLLECTS, PRESERVES, RESEARCHES, EXHIBITS, AND INTERPRETS HISPANIC WORKS OF ART FROM THROUGHOUT THE WORLD. THE ART MUSEUM USES ITS 11,000 SQUARE FEET TO DISPLAY LOCAL, NATIONAL, AND INTERNATIONAL ART WORK FROM THE HISPANIC AND LATINO DIASPORA SINCE OPENING ITS DOORS IN OCTOBER 2000. THE NHCC ART MUSEUM HAS FEATURED OVER SIXTY ACCLAIMED ART EXHIBITIONS. THE CENTERS PERMANENT COLLECTION IS COMPRISED OF APPROXIMATELY 2,000 ACCESSIONED OBJECTS AND SOME 600 PROMISED GIFTS, WHICH ARE ROTATED ON A REGULAR BASIS INTO AQUI ESTAMOS- THE PERMANENT EXHIBITION IN THE ART MUSEUM. THE VISUAL ARTS PROGRAM IS CURRENTLY PARTIALLY SUPPORTED THROUGH GRANT FUNDING AND PRIVATE DONATIONS, WITH THE GOAL TO INCREASE THESE AND OTHER SOURCES OF FUNDING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Eddie Padilla Director | Trustee | 1 | $0 |
Sarah Belle Brown Director | Trustee | 1 | $0 |
Kenny Byrd Director | Trustee | 1 | $0 |
Elizabeth Arencon Director | Trustee | 1 | $0 |
Thomas Domme Director | Trustee | 1 | $0 |
Gina Urias-Sandoval Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $28,168 |
Fundraising events | $263,815 |
Related organizations | $0 |
Government grants | $59,830 |
All other contributions, gifts, grants, and similar amounts not included above | $165,593 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $517,406 |
Total Program Service Revenue | $707 |
Investment income | $13,743 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $1,400 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$105,484 |
Net Income from Gaming Activities | $3,042 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $432,221 |
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. | $100,714 |
Compensation of current officers, directors, key employees. | $46,329 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $240,084 |
Pension plan accruals and contributions | $2,593 |
Other employee benefits | $11,295 |
Payroll taxes | $34,448 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $71,123 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $173,817 |
Advertising and promotion | $8,054 |
Office expenses | $6,216 |
Information technology | $13,140 |
Royalties | $0 |
Occupancy | $0 |
Travel | $2,545 |
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 | $7,332 |
Insurance | $6,384 |
All other expenses | $41,276 |
Total functional expenses | $1,009,379 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $548,960 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $203,132 |
Accounts receivable, net | $50,000 |
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 | $762 |
Net Land, buildings, and equipment | $38,734 |
Investments—publicly traded securities | $261,910 |
Investments—other securities | $218,347 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,321,845 |
Accounts payable and accrued expenses | $69,925 |
Grants payable | $0 |
Deferred revenue | $211,456 |
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 | $68,700 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,250 |
Total liabilities | $351,331 |
Net assets without donor restrictions | -$149,613 |
Net assets with donor restrictions | $1,120,127 |
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 | $1,321,845 |