Hernandez Mariachi Heritage Society

Analysis

Hernandez Mariachi Heritage Society is a registered charity in United States, based in Orange, CA. It received its IRS tax-exemption ruling in April 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Hernandez Mariachi Heritage Society reported income of $1.1m and spending of $1.0m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $563k to $1.1m (+87%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hernandez Mariachi Heritage Society sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include John Nicholas Brown Center for the Study of American Civilization ($1.1m), Ames Historical Society ($1.1m) and Colorado Latino Leadership and Research Organizaion Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $54k (5.4% of expenses). Other salaries and wages came to $461k. At year end it held assets of $423k against liabilities of $212k, net assets of $210k.