FOUNDATION FOR MEXICAN ART AND CULTURE

EIN: 471084352 501(c)(3) Arts, Culture & Humanities

BROOKLYN, NY

Total Revenue
$524,891
Total Expenses
$500,137
Total Assets
$1,441,569
Net Assets
$1,441,557
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Principal Officer
JUAN BOSCO SODI AMBROSI
Phone
5165933448
Tax Period
2024-01-01 to 2024-12-31

FOUNDATION FOR MEXICAN ART AND CULTURE, founded in 2014, is a small nonprofit in the Arts, Culture & Humanities sector that reported $525K in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. Expenses of $500K left a modest 5% surplus.

Mission

TO MANAGE FUNDING FOR THE DEVELOPMENT, PROMOTION, PRESERVATION AND DISSEMINATION OF CULTURAL, NATURAL AND ARTISTIC TRADITIONS IN THE UNITED STATES AND MEXICO

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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 (2024)

Revenue Breakdown

Contributions & Grants $524,564
Program Service Revenue $0
Investment Income $0
Other Revenue $327
TOTAL REVENUE $524,891

Expense Breakdown

Grants Paid $367,002
Salaries & Benefits $6,292
Fundraising Expenses $51,125
Program Expenses $440,261
Other Expenses $126,843
TOTAL EXPENSES $500,137

Year-over-Year Comparison

2024 2023 Change
Revenue $524,891 $371,222 +0.4%
Expenses $500,137 $409,496 +0.2%
Net Income $24,754 $-38,274 -1.6%
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

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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
2
Independent Members
2
Employees
1
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
1
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUAN BOSCO SODI AMBROSI PRESIDENT N/A
Officer Director
$0 $0 $0
LUCIA CORREDOR TRUSTEE N/A
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
2024 $524,891 $500,137 $1,441,569 $24,754
2023 $371,222 $409,496 $1,339,315 $-38,274
2022 $570,882 $248,566 $1,377,829 $322,316
2021 $1,149,569 $288,769 $1,055,511 $860,800
2020 $414,250 $225,474 $194,711 $188,776
2019 $127,010 $121,507 $6,135 $5,503
2018 $83,535 $237,947 $632 $-154,412
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