CHICANO PARK MUSEUM AND CULTURAL CENTER

EIN: 473767549 501(c)(3) Arts, Culture & Humanities

SAN DIEGO, CA

Total Revenue
$1,165,034
Total Expenses
$2,003,445
Total Assets
$8,757,943
Net Assets
$8,757,943
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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
2018
Legal Domicile
CA
Principal Officer
VALERIE JAIMES
Phone
9168474569
Tax Period
2023-01-01 to 2023-12-31

CHICANO PARK MUSEUM AND CULTURAL CENTER, founded in 2018, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.2M in total revenue in fiscal year 2023. Revenue fell 89% from the prior year — a significant decline worth monitoring. Expenses of $2.0M exceeded revenue, resulting in a 72% operating deficit.

Mission

TO ACT AS A VISITOR & INFORMATION CENTER AND TO FOCUS ON THE EXHIBITION, RESEARCH, INTERPRETATION, AND COLLECTION OF CONTEMPORARY AND TRADITIONAL ART.

Program Service Accomplishments

Program 1
Expenses: $1,123,702

MUSEUM CURATION AND ARTIST SUPPORT REFLECTING HISTORICAL AND CULTURAL EXHIBITION.

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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 $762,126
Program Service Revenue $0
Investment Income $391,212
Other Revenue $11,696
TOTAL REVENUE $1,165,034

Expense Breakdown

Grants Paid $7,090
Salaries & Benefits $67,166
Fundraising Expenses $0
Program Expenses $1,123,702
Other Expenses $1,929,189
TOTAL EXPENSES $2,003,445

Year-over-Year Comparison

2023 2022 Change
Revenue $1,165,034 $10,373,393 -0.9%
Expenses $2,003,445 $513,176 +2.9%
Net Income $-838,411 $9,860,217 -1.1%
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

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Governance

Voting Members
11
Independent Members
11
Employees
4
Volunteers
30

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
4
$22,459
Total Directors
11
$22,459
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VALERIE JAIMES Executive Dir. 40.00
Officer Director
$22,459 $0 $22,459
JOSEPHINE TALAMANTEZ Chair & Founder 20.00
Officer Director
$0 $0 $0
DR ALBERTO LOPEZ PULIDO Vice Chair 1.00
Officer Director
$0 $0 $0
ROGER TALAMANTEZ Treasurer 1.00
Officer Director
$0 $0 $0
DIANE BOLIVAR-ARMENTA Director 1.00
Director
$0 $0 $0
MARIO CHACON Director 1.00
Director
$0 $0 $0
JESSE CONSTANCIO Director 1.00
Director
$0 $0 $0
LUCAS CRUZ Director 1.00
Director
$0 $0 $0
HELEN GONZALEZ Director 1.00
Director
$0 $0 $0
RIGOBERTO REYES Director 1.00
Director
$0 $0 $0
HECTOR VILLEGAS Director 1.00
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 No data No data No data No data
2023 $1,165,034 $2,003,445 $8,757,943 $-838,411
2022 $10,373,393 $513,176 $9,865,553 $9,860,217
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