The Hispanic Institute Inc
- Assets
- $6.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 11/2006
- Data as of
- 12/2021
- EIN
- 20-3819517
Organization Overview
The Hispanic Institute Inc is located in Washington, DC. The organization was established in 2006. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hispanic Institute Inc 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 12/2021, Hispanic Institute Inc generated $10.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (24.0%) each year. All expenses for the organization totaled $64.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION CONTINUED ONGOING STUDIES OF ECONOMIC CONTRIBUTIONS OF HISPANICAMERICANS, MEDIA COVERAGE OF HISPANIC AMERICA, CONSUMER FRAUD PROTECTIONS,CITIZENSHIP EDUCATION, TECHNOLOGICAL AND TELECOMMUNICATIONS, NUTRITION AND OBESITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gus K West Chair, President | 3 | $0 | |
Richard Hernandez Director, Secretary | 1 | $0 | |
Gustavo Paredes Director, Treasurer | 3 | $0 | |
Andres Gonzalez Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,500 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,101 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $54,866 |
| Total expenses | $64,467 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,591 |
| Other assets | $0 |
| Total assets | $6,591 |
| Total liabilities | $0 |
| Net assets or fund balances | $6,591 |
Grants Awarded
Over the last fiscal year, The Hispanic Institute Inc has awarded $121,307 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Des Moines, IA PURPOSE: PROGRAM | $50,000 |
Atlanta, GA PURPOSE: PROGRAM | $41,307 |
Phoenix, AZ PURPOSE: PROGRAM | $30,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Hispanic Institute Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
National Indian Gaming Association Washington, DC PURPOSE: SUPPORT OF MISSION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Business Officers Association Inc Washington, DC | $10,181,383 | $5,458,138 |
The Museum Of Language Arts Incorporated Washington, DC | $22,277,823 | $2,812,502 |
American Council Of Trustees And Alumni Washington, DC | $7,091,133 | $4,080,282 |
National Academy Of Education Washington, DC | $13,224,387 | $700,923 |
The Memorial Foundation Washington, DC | $1,841,102 | $3,723,853 |
Downtown Columbia Arts And Culture Commission Inc Columbia, MD | $56,227,844 | $6,192,561 |
Chorus America Association Washington, DC | $2,563,365 | $1,205,440 |
International Critical Incident Stress Foundation Inc Ellicott City, MD | $1,604,340 | $2,401,353 |
American Association Of People With Disabilities Washington, DC | $6,573,327 | $4,673,806 |
Due Process Of Law Foundation Washington, DC | $1,656,408 | $2,339,896 |
Faith And Politics Institute Washington, DC | $2,906,616 | $1,815,634 |
Pride Of Baltimore Inc Baltimore, MD | $1,423,944 | $1,205,978 |