Sones De Mexico Ensemble
- Assets
- $527.3k
- Revenue
- $296.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Chicago, IL
- Founding
- 07/2004
- Data as of
- 12/2023
- EIN
- 36-4147011
Organization Overview
Sones De Mexico Ensemble is located in Chicago, IL. The organization was established in 2004. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Sones DE Mexico Ensemble 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, Sones DE Mexico Ensemble generated $296.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $250.4k during the year ending 12/2023. While expenses have increased by 3.5% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE GREATER APPRECIATION OF MEXICAN FOLK AND TRADITIONAL MUSIC AND CULTURE THROUGH INNOVATIVE PERFORMANCE, EDUCATION, AND DISSEMINATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSIC SCHOOL - THE PROGRAM MAKES THE REGULAR PRACTICE OF MEXICAN TRADITIONAL MUSIC ACCESSIBLE THROUGH WEEKLY MUSIC INSTRUCTIONS IN SPANISH TO DOZENS OF STUDENTS, YOUNG AND OLD.
PERFORMING ENSEMBLE - THE ENSEMBLE PLAYS AND RECORDS THE VARIOUS STYLES OF MEXICAN TRADITIONAL MUSIC.
EDUCATIONAL OUTREACH - THE PROGRAM MAKES THE APPRECIATION OF AND PARTICIPATION IN MEXICAN TRADITIONAL MUSIC AND CULTURE ACCESSIBLE AND AVAILABLE TO SCHOOLS, LIBRARIES, AND CULTURAL ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Juan Des Executive Dir. | Officer | 40 | $40,000 |
Elena Mulcahy President | OfficerTrustee | 2 | $0 |
Alvaro Obregn Secretary | OfficerTrustee | 2 | $0 |
Helen Valdez Treasurer | OfficerTrustee | 2 | $0 |
Henry Roa Director | Trustee | 2 | $0 |
Adriana Rosado-Bonewitz Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $60,218 |
| All other contributions, gifts, grants, and similar amounts not included above | $36,387 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,605 |
| Total Program Service Revenue | $193,460 |
| Investment income | $6 |
| 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 | $5,905 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $296,215 |
| 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. | $40,000 |
| Compensation of current officers, directors, key employees. | $10,048 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,370 |
| 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 | $173,566 |
| Advertising and promotion | $3,945 |
| Office expenses | $5,008 |
| Information technology | $5,000 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $335 |
| 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 | $781 |
| Insurance | $3,972 |
| All other expenses | $556 |
| Total functional expenses | $250,445 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $325,917 |
| Savings and temporary cash investments | $35,108 |
| Pledges and grants receivable | $10,000 |
| Accounts receivable, net | $138,600 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $15,161 |
| Prepaid expenses and deferred charges | $1,000 |
| Net Land, buildings, and equipment | $1,561 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $527,347 |
| Accounts payable and accrued expenses | $6,163 |
| 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 | $6,163 |
| Net assets without donor restrictions | $423,043 |
| Net assets with donor restrictions | $98,141 |
| 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 | $527,347 |