FOUNDATION FOR MEXICAN ART AND CUL… - Form 990 Financial Data

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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

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

Program Service Accomplishments

Program 1

GRANTS PAID TO THE FUNDCION CASA WABI IN 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%)

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

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

Employees

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	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
2025	No data	No data	No data	No data
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

FOUNDATION FOR MEXICAN ART AND CULTURE