The Hispanic Institute Inc
- Assets
- $284.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 11/2006
- Data as of
- 12/2022
- 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 12/2022, Hispanic Institute Inc generated $12.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (20.0%) each year. All expenses for the organization totaled $18.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (24.9%) per year over the past 8 years. 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
2022
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 | 2.5 | $0 | |
Richard Hernandez Director, Secretary | 0.5 | $0 | |
Gustavo Paredes Director, Treasurer | 0.5 | $0 | |
Andres Gonzalez Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,000 |
| 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 | $12,000 |
| 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 | $9,973 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,334 |
| Total expenses | $18,307 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $284 |
| Other assets | $0 |
| Total assets | $284 |
| Total liabilities | $0 |
| Net assets or fund balances | $284 |
Grants Awarded
Over the last fiscal year, The Hispanic Institute Inc has awarded $121,307 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
GALEO LATINO COMM DEV FD PURPOSE: PROGRAM | $41,307 |
LULAC - IOWA PURPOSE: PROGRAM | $50,000 |
MI FAMILIA VOTA EDUCATION PURPOSE: PROGRAM | $30,000 |