Hola Cultura

EIN: 464621492 501(c)(3) Arts, Culture & Humanities

Washington, DC

Total Revenue
$131,035
Total Expenses
$170,545
Total Assets
$29,987
Net Assets
$29,987
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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
DC
Principal Officer
Christine C MacDonald
Phone
2026969642
Tax Period
2023-01-01 to 2023-12-31

Hola Cultura, founded in 2014, is a small nonprofit in the Arts, Culture & Humanities sector that reported $131K in total revenue in fiscal year 2023. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $171K exceeded revenue, resulting in a 30% operating deficit.

Mission

Hola Cultura creates and diseminates empowering alternative narratives that couterbalance negative stereotypes and serves as a "cultural translator" to the wider community. Central to our mission is professional development and education. Through storytelling, research and dialogue,

Program Service Accomplishments

Program 1
Expenses: $88,740 Revenue: $0

The D.C. Commission on the Arts and Humanities general operating support was instrumental in allowing Hola Cultura to provide professional training for 51 teenagers and young adult interns, fellows...

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The D.C. Commission on the Arts and Humanities general operating support was instrumental in allowing Hola Cultura to provide professional training for 51 teenagers and young adult interns, fellows and volunteers in our Spelling Program for Experimental Learning (SPEL) program; and 23 adult contributions to our Spanish Literary program. Volunteers and interns receive professional development training, professional editing and publication of 90 interviews and articles and 13 podcast episodes in English and Spanish and weekly event lisings, featuring and promoting a total of more than 400 Washington-area Latinx artists, writers and other creative leaders. The interviews were also published on the organization's website www.holacultura.com, and shared via social media. Our 2023 productions also included two podcast series, an environmental justice project and an in-person event.

Program 2
Expenses: $10,000 Revenue: $0

2023 Community Culture & Heritage Grant funds provided by HumanitiesDC also supported our " Artistas in the Capital" podcast project, a monthly conversation with local artists, musicians, dancers...

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2023 Community Culture & Heritage Grant funds provided by HumanitiesDC also supported our " Artistas in the Capital" podcast project, a monthly conversation with local artists, musicians, dancers, writers and other Latinx creatives that began in June 2023 and aired six of 12 episodes during 2023, while producing another six episodes aired in 2024. The interviews selected for the podcast had been previous conducted by Hola Cultura's SPEL youth storytelling program.

Program 3
Expenses: $10,000 Revenue: $0

A 2023 General Operating Support Grant from the Morris and Gwendolyn Cafritz Foundation also supported providing professional training for 51 teenagers and young adult interns, fellows and volunteers...

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A 2023 General Operating Support Grant from the Morris and Gwendolyn Cafritz Foundation also supported providing professional training for 51 teenagers and young adult interns, fellows and volunteers in our SPEL program, and 23 adult contributors to our Spanish Litery program. Volunteers and interns receive professional development training, professional editing and publication services provided by HC staff, resulting in the production and publication of 90 interviews and articles and 13 podcast episodes in English and Spanish and weekly event listings featuring and promoting Washington-area Lininx artists, writers and other creative leaders. The interviews were also published on the organization's website www.holacultura.com, and shared via social media. Our 2023 productions also included two podcast series, and environmental justice project, and an in-person event.

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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 (2023)

Revenue Breakdown

Contributions & Grants $129,735
Program Service Revenue $1,300
Investment Income $0
Other Revenue $0
TOTAL REVENUE $131,035

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $754
Program Expenses $149,602
Other Expenses $170,545
TOTAL EXPENSES $170,545

Year-over-Year Comparison

2023 2022 Change
Revenue $131,035 $215,930 -0.4%
Expenses $170,545 $156,711 +0.1%
Net Income $-39,510 $59,219 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
74

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
2
$55,900
Total Directors
4
$55,900
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alberto Robles President & Board of Directors 20.00
Officer Director
$0 $0 $0
Gloria Valdez Director 3.50
Director
$0 $0 $0
Thomas Devine Director 3.50
Director
$0 $0 $0
Christine McDonald Executive Director and Director 25.00
Officer Director
$55,900 $0 $55,900
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 $131,035 $170,545 $29,987 $-39,510
2022 $215,930 $156,711 $69,405 $59,219
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