National Association of Latino Arts & Culture

Analysis

National Association of Latino Arts & Culture is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in February 1995, 31 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, National Association of Latino Arts & Culture reported income of $1.4m and spending of $3.8m, spending 275% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.6m to $1.4m (-46%), an average of -14% a year. The sharpest change came in the year to September 2020, when income rose by 139%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Association of Latino Arts & Culture sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Rhode Island Institute for Labor ($1.4m), Diablo Ballet ($1.4m) and Friends of the 1883 Clarksburg Schoolhouse ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $13.2m against liabilities of $835k, net assets of $12.4m.