Artistas y Musicos Latin Americanos

EIN: 311616972 501(c)(3) Health Care

Philadelphia, PA

Total Revenue
$386,064
Total Expenses
$222,963
Total Assets
$307,836
Net Assets
$237,636
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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
1998
Legal Domicile
PA
Principal Officer
ARTEMIO RODRIGUEZ
Phone
2153240746
Tax Period
2022-07-01 to 2023-06-30

Artistas y Musicos Latin Americanos, founded in 1998, is a small nonprofit in the Health Care sector that reported $386K in total revenue in fiscal year 2022. The organization ran a surplus of $163K, a strong 42% operating margin.

Mission

To promote, develop, and increase understanding of latin american music and culture throughout Philadelphia and the surrounding area.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $325,065
Program Service Revenue $60,519
Investment Income $0
Other Revenue $480
TOTAL REVENUE $386,064

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,022
Fundraising Expenses $0
Program Expenses $222,963
Other Expenses $206,941
TOTAL EXPENSES $222,963

Year-over-Year Comparison

2022 2021 Change
Revenue $386,064 N/A N/A
Expenses $222,963 N/A N/A
Net Income $163,101 $0 N/A
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

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Governance

Voting Members
7
Independent Members
6
Employees
N/A
Volunteers
6

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
3
$288,123
Total Directors
7
$288,123
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REVEREND Danny Cortes CHAIRMAN - MEMBER 2.0
Officer Director
$0 $50,226 $288,123
Angel Ortiz BOARD VICE-CHAIRMAN 2.0
Officer Director
$0 $0 $0
Israel Colon Treasurer 2.0
Officer Director
$0 $0 $0
Juan Laureda Board Member 2.0
Director
$0 $0 $0
Mike Garcia Board Member 2.0
Director
$0 $0 $0
Miguel Ramirez Board Member 2.0
Director
$0 $0 $0
Natalia Alvarez Figueroa BOARD MEMBER (EFF 01/2023) 2.0
Director
$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
2023 $386,064 $222,963 $307,836 $163,101
2021 $158,416 $181,750 $74,212 $-23,334
2020 $257,180 $220,342 $92,993 $36,838
2019 $259,675 $251,283 $53,378 $8,392
2018 $225,295 $231,703 $37,479 $-6,408
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