Latin American Perspectives Inc is located in Laguna Beach, CA. The organization was established in 1975. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Latin American Perspectives Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Latin American Perspectives 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, Latin American Perspectives Inc generated $213.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $167.6k during the year ending 12/2021. While expenses have increased by 2.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PUBLISH EDUCATIONAL JOURNAL CONCERNING CURRENT ISSUES IN LATIN AMERICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLICATION OF A BI-MONTHLY SCHOLARLY JOURNAL CIRCULATED TO APPROXIMATELY 1200 INDIVIDUALS AND ORGANIZATIONS IN THE ACADEMIC COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rosalind Bresnahan Vice President | OfficerTrustee | 3 | $14,000 |
Steve Ellner Member | Trustee | 3 | $14,000 |
George Leddy Vice President | OfficerTrustee | 3 | $7,000 |
Ronald H Chilcote President | OfficerTrustee | 3 | $0 |
Marjorie Bray Secretary | OfficerTrustee | 3 | $0 |
Frances B Chilcote Treasurer | OfficerTrustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $20,642 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $20,642 |
Total Program Service Revenue | $188,686 |
Investment income | $4,284 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $213,612 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $35,000 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $60,053 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $1,795 |
Payroll taxes | $9,249 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $48,742 |
Advertising and promotion | $500 |
Office expenses | $1,055 |
Information technology | $6,074 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $4,086 |
All other expenses | $1,030 |
Total functional expenses | $167,584 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $316 |
Savings and temporary cash investments | $141,139 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $513,506 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $654,961 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $654,961 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $654,961 |
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Society For The Study Of Native Arts & Sciences Berkeley, CA | $8,524,775 | $6,247,781 |
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Solve Me Cfs Initiative Inc Glendale, CA | $1,880,953 | $2,192,325 |
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Truthout Sacramento, CA | $881,852 | $2,314,333 |
Heyday Berkeley, CA | $2,111,683 | $2,251,217 |
Capital & Main Los Angeles, CA | $794,047 | $1,843,155 |
University Of California Press Foundation Oakland, CA | $23,332,542 | $983,531 |
Center For Accessible Technology Berkeley, CA | $1,757,069 | $1,896,017 |