Contemporary Hispanic Market Inc

Analysis

Contemporary Hispanic Market Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in July 2010, 16 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, Contemporary Hispanic Market Inc reported income of $66k and spending of $67k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $71k to $66k (-7.6%), an average of -7.6% a year. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Contemporary Hispanic Market Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 21st percentile within NM. Charities of a similar size with the same main cause include Smith Street Stage Inc ($66k), Orange County Center for Contemporary Art ($66k) and Depace Museum Library and Learning Center Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.