INSTITUTO CERVANTES USA INC (EIN 133800869) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1994

Tax Period

2024-01-01 to 2024-12-31

INSTITUTO CERVANTES USA INC, founded in 1994, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.1M in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $2.6M exceeded revenue, resulting in a 26% operating deficit.

Mission

PROMOTING SPANISH CULTURE

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $209,569

Program Service Revenue $1,866,474

Investment Income $0

Other Revenue $14,400

TOTAL REVENUE $2,090,443

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,076,597

Fundraising Expenses $0

Program Expenses $926,103

Other Expenses $1,561,983

TOTAL EXPENSES $2,638,580

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,090,443	$1,573,495	+0.3%
Expenses	$2,638,580	$2,324,924	+0.1%
Net Income	$-548,137	$-751,429	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Javier Valdivielso	Director	40.00	Officer	$0	$0	$0
Ana Ramirez	SECRETARY	0.00	Officer	$0	$0	$0
Maria Claudia Montehermoso	Treasurer	40.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$2,090,443	$2,638,580	$10,416,060	$-548,137
2023	$1,573,495	$2,324,924	$10,932,717	$-751,429
2022	$1,327,449	$2,162,976	$11,664,764	$-835,527
2021	$1,591,640	$2,262,426	$12,513,057	$-670,786
2020	$1,555,618	$2,132,793	$12,777,258	$-577,175
2019	$2,041,493	$2,543,379	$13,384,556	$-501,886
2018	$2,067,876	$2,512,541	$13,913,026	$-444,665

INSTITUTO CERVANTES USA INC