HISPANIC FESTIVAL INC

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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

1997

Legal Domicile

Principal Officer

HANINY HILLBERG

Phone

3142295455

Tax Period

2023-01-01 to 2023-12-31

HISPANIC FESTIVAL INC, founded in 1997, is a small nonprofit in the Arts, Culture & Humanities sector that reported $273K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $47K, a strong 17% operating margin.

Mission

WE HOST MULTIPLE FESTIVALS DURING THE YEAR TO SHARE AWARENESS OF CONTRIBUTIONS OF HISPANIC MUSICIANS, MUSIC, DANCE AND RELIGION.

Program Service Accomplishments

Program 1

Expenses: $224,209 Revenue: $273,300

HISPANIC FESTIVAL-OUR MAJOR EVENT THAT TAKES PLACE IN DOWNTOWN ST. LOUIS ANNUALLY WITH HISPANIC ARTISTS AND PERFORMERS. IT IS ESTIMATED THE FESTIVAL DRAWS OVER 3,500 PEOPLEWE HOST MULTIPLE FESTIVALS DURING THE YEAR TO SHARE AWARENESS OF CONTRIBUTIONS OF HISPANIC MUSICIANS, MUSIC, DANCE AND RELIGION.DANCE-PROVIDING AWARENESS OF HISPANIC DANCE AND HOW IT INFLUENCES CULTURE. ARTISTS ARE BROUGHT IN TO PROVIDE DANCE LESSONS AND TELL HISPANIC STORIES TO APPROXIMATELY 150 CHILDREN.

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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 (2023)

Revenue Breakdown

Contributions & Grants $273,300

Program Service Revenue $0

Investment Income $12

Other Revenue $0

TOTAL REVENUE $273,312

Expense Breakdown

Grants Paid $6,560

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $224,209

Other Expenses $219,887

TOTAL EXPENSES $226,447

Year-over-Year Comparison

	2023	2022	Change
Revenue	$273,312	$236,029	+0.2%
Expenses	$226,447	$147,163	+0.5%
Net Income	$46,865	$88,866	-0.5%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
ELISA BENDER	BOARD MEMBER	Director	$0	$0	$0
ALBERT MEILLHERISER	BOARD MEMBER	Director	$0	$0	$0
HANINY HILLBERG	Chairman	Officer	$0	$0	$0
BONNIE PARKS	Secretary	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	No data	No data	No data	No data
2023	$273,312	$226,447	$386,119	$46,865
2022	$236,029	$147,163	$339,254	$88,866