Latin American Perspectives Inc

Analysis

Latin American Perspectives Inc is a registered charity in United States, based in Laguna Beach, CA. It received its IRS tax-exemption ruling in February 1975, 51 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Latin American Perspectives Inc reported income of $144k and spending of $197k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $201k to $144k (-29%), an average of -8.0% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Latin American Perspectives Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Moonshots for Unicorns ($144k), Roving Players ($144k) and Committee for a Museum of the Peace Corps Exerience ($144k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. Compensation of current officers, directors and key employees was $67k (34% of expenses). Other salaries and wages came to $59k. At year end it held assets of $594k against liabilities of $0, net assets of $594k. It reported 7 employees.