SARASOTA, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CREARTE LATINO CULTURAL CENTER CORP, founded in 2017, is a small nonprofit in the Arts, Culture & Humanities sector that reported $188K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Expenses of $218K exceeded revenue, resulting in a 16% operating deficit.
CREARTE LATINO CULTURAL CENTER'S MISSION, AS ADOPTED BY ITS GOVERNING BODY, IS TO FOSTER ARTISTIC AND CULTURAL EXPRESSION BY UNITING THE LATINO/HISPANIC COMMUNITY WITH THE BROADER PUBLIC THROUGH INCLUSIVE AND ACCESSIBLE PROGRAMMING. CREARTE LATINO CULTURAL CENTER'S MISSION IS TO BE A CHANNEL FOR CULTURAL EXCHANGE BETWEEN LATINX/HISPANICS AND THE COMMUNITY AT LARGE THROUGH THE ARTS, EDUCATION, AND SERVICE. CREARTE SERVES PEOPLE OF ALL AGES AND CULTURES. CREARTE OFFERS PLAYS, IMPROV SHOWS, MUSIC AND DANCE EVENTS, AND MORE. WE ALSO OFFER WORKSHOPS AT LOW COST, AND SCHOLARSHIPS ARE ALWAYS AVAILABLE (OUR EDUCATIONAL PROGRAMS INCLUDE THEATER, MUSIC MAKING, ENGLISH, SPANISH, AMIGOS BOOK CLUB AND PAINTING) AND SUPPORT TO ADULTS, CHILDREN, AND FAMILIES THROUGH NUESTRA COMUNIDAD (COMMUNITY CONVERSATIONS FROM OTHER NON-PROFIT GROUPS PRESENTING THEIR OFFERINGS IN SPANISH, THIS IS COMPLETELY FREE).
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $188,130 | $227,755 | -0.2% |
| Expenses | $217,758 | $112,589 | +0.9% |
| Net Income | $-29,628 | $115,166 | -1.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CAROLINA FRANCO | DIRECTOR | 40.00 |
Officer
|
$60,000 | $0 | $60,000 |
| DANIEL DELEO | VICE PRESIDE | N/A |
Officer
|
$0 | $0 | $0 |
| WILL LUERA | DIRECTOR | N/A |
Officer
|
$0 | $0 | $0 |
| AMANDA RICO | SECRETARY | N/A |
Officer
|
$0 | $0 | $0 |
| KILVIAN TIBURICO | TREASURER | N/A |
Officer
|
$0 | $0 | $0 |
| CLARA VILLANUEVA | PRESIDENT | N/A |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $188,130 | $217,758 | $260,650 | $-29,628 |
| 2023 | $227,755 | $112,589 | $185,390 | $115,166 |
Compare CREARTE LATINO CULTURAL CENTER CORP with other nonprofits in Florida and across the country.