DORAL, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LATIN GRAMMY CULTURAL FOUNDATION, founded in 2013, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.7M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $3.4M left a modest 9% surplus.
THE LATIN GRAMMY CULTURAL FOUNDATION, THROUGH SCHOLARSHIPS, FELLOWSHIPS, GRANTS AND EDUCATION PROGRAMS, FURTHERS INTERNATIONAL AWARENESS AND APPRECIATION OF THE SIGNIFICANT CONTRIBUTIONS OF LATIN MUSIC AND ITS MAKERS TO THE WORLD'S CULTURE.
SCHOLARSHIPS FOR LATIN MUSIC EDUCATION: PROVIDE FINANCIAL SUPPORT TO LATIN MUSIC STUDENTS WITH ANNUAL PROGRAMS: PRODIGY SCHOLARSHIP OF UP TO $200K, GIFTED SCHOLARSHIPS OF UP TO $100K EACH, AND...
SCHOLARSHIPS FOR LATIN MUSIC EDUCATION: PROVIDE FINANCIAL SUPPORT TO LATIN MUSIC STUDENTS WITH ANNUAL PROGRAMS: PRODIGY SCHOLARSHIP OF UP TO $200K, GIFTED SCHOLARSHIPS OF UP TO $100K EACH, AND TUITION ASSISTANCE SCHOLARSHIPS OF UP TO $10K EACH.
MUSIC EDUCATION PROGRAMS LIKE LATIN GRAMMY IN THE SCHOOLS BRING MUSIC PROFESSIONALS AND WELL-RECOGNIZED TALENT TO SHARE THEIR PROFESSIONAL EXPERIENCES IN THE MUSIC INDUSTRY WITH STUDENTS AND GIVE...
MUSIC EDUCATION PROGRAMS LIKE LATIN GRAMMY IN THE SCHOOLS BRING MUSIC PROFESSIONALS AND WELL-RECOGNIZED TALENT TO SHARE THEIR PROFESSIONAL EXPERIENCES IN THE MUSIC INDUSTRY WITH STUDENTS AND GIVE THEM ADVICE ON THE IMPORTANCE OF MUSIC AND ARTS AS AN INTEGRAL PART OF THEIR EDUCATION. IN PARTNERSHIP WITH A SPONSOR AND AN ARTIST, MUSICAL INSTRUMENTS ARE DONATED TO SCHOOLS WITH A MUSIC PROGRAM.
MUSIC RESEARCH AND PRESERVATION OF LATIN MUSIC: MISCELLANEOUS PROGRAMS TO FURTHER THE INTERNATIONAL AWARENESS AND APPRECIATION OF THE SIGNIFICANT CONTRIBUTIONS OF LATIN MUSIC AND ITS MAKERS TO THE...
MUSIC RESEARCH AND PRESERVATION OF LATIN MUSIC: MISCELLANEOUS PROGRAMS TO FURTHER THE INTERNATIONAL AWARENESS AND APPRECIATION OF THE SIGNIFICANT CONTRIBUTIONS OF LATIN MUSIC AND ITS MAKERS TO THE WORLD'S CULTURE.
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 | $3,737,214 | $2,793,711 | +0.3% |
| Expenses | $3,389,961 | $2,934,263 | +0.2% |
| Net Income | $347,253 | $-140,552 | -3.5% |
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 |
|---|---|---|---|---|---|---|
| MANUEL ABUD | MEMBER OF THE BOARD (FROM 8/24) | 1.00 |
Director
|
$0 | $42,362 | $1,147,475 |
| RAQUEL EGUSQUIZA | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$337,554 | $45,689 | $383,243 |
| NANNETTE VELEZ | MANAGING DIRECTOR, PROGRAMS AND DIGITAL MEDIA | 40.00 |
Highest
|
$132,555 | $39,376 | $171,931 |
| LOURDES MOLA | MANAGING DIRECTOR, ADVANCEMENT AND PHILANTHROPY | 40.00 |
Highest
|
$138,174 | $27,985 | $166,159 |
| REBECCA VILLAESCUSA | VP, DEVELOPMENT AND INDUSTRY PARTNERSHIPS | 40.00 |
Highest
|
$142,488 | $22,037 | $164,525 |
| IZMIRA SANTIAGO | MANAGING DIRECTOR, OPERATIONS & STRATEGY | 41.00 |
Highest
|
$134,175 | $28,127 | $162,302 |
| LUIS COBOS | CHAIR OF THE BOARD OF DIRECTORS | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| HARVEY MASON JR | VICE CHAIR OF THE BOARD OF DIRECTORS | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RAUL VAZQUEZ | SECRETARY OF THE BOARD OF DIRECTORS | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| GINNY PEIRATS | TREASURER OF THE BOARD (FROM 2/24) | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| EDUARDO HUTT | MEMBER OF THE BOARD (FROM 8/24) | 1.00 |
Director
|
$0 | $0 | $0 |
| MANOLO DIAZ | MEMBER OF THE BOARD OF DIRECTORS | 1.00 |
Director
|
$0 | $0 | $0 |
| MIREYA CISNEROS | MEMBER OF THE BOARD OF DIRECTORS | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $3,737,214 | $3,389,961 | $3,839,225 | $347,253 |
| 2024 | $2,793,711 | $2,934,263 | $3,390,938 | $-140,552 |
| 2023 | $2,346,253 | $2,281,763 | $2,959,967 | $64,490 |
| 2022 | $2,064,873 | $2,018,606 | $2,673,582 | $46,267 |
| 2021 | $1,840,010 | $1,821,563 | $2,732,972 | $18,447 |
| 2020 | $2,291,165 | $1,874,874 | $2,321,541 | $416,291 |
| 2019 | $1,576,224 | $1,314,641 | $1,833,468 | $261,583 |
Compare LATIN GRAMMY CULTURAL FOUNDATION with other nonprofits in Florida and across the country.