Contemporary Hispanic Market Inc
- Assets
- $70.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 07/2010
- Data as of
- 12/2023
- EIN
- 27-1715603
Organization Overview
Contemporary Hispanic Market Inc is located in Albuquerque, NM. The organization was established in 2010. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, 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. Contemporary Hispanic Market 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 12/2023, Contemporary Hispanic Market Inc generated $65.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $67.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
SUCCESSFULLY HELD CONTEMPORARY HISPANIC MARKETS IN NEW MEXICO IN SUPPORT OF HISPANIC ART AND ARTISTS AND PROMOTION OF THE VALUE OF OUR CULTURE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ramona Vigil-Eastwood President | 15 | $0 | |
Anthony Fernandez Vice President | 5 | $0 | |
Michelle Ferran Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $200 |
| Total Program Service Revenue | $65,383 |
| Membership dues | $0 |
| Investment income | $158 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,741 |
| 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 | $875 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $6,862 |
| Other expenses | $59,751 |
| Total expenses | $67,488 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,776 |
| Other assets | $0 |
| Total assets | $70,776 |
| Total liabilities | $0 |
| Net assets or fund balances | $70,776 |