MEXICAN INSTITUTE OF GREATER HOUSTON INC

EIN: 760375543 501(c)(3) Arts, Culture & Humanities

HOUSTON, TX

Total Revenue
$117,406
Total Expenses
$86,105
Total Assets
$1,706
Net Assets
$758
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
TX
Principal Officer
CARLOS LOPEZ
Tax Period
2023-01-01 to 2023-12-31

MEXICAN INSTITUTE OF GREATER HOUSTON INC, founded in 1991, is a small nonprofit in the Arts, Culture & Humanities sector that reported $117K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $31K, a strong 27% operating margin.

Mission

TO PROVIDE EDUCATIONAL PROGRAMS TO ADULT HISPANIC COMMUNITY, AFRICAN AMERICAN AND ASIANS.

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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 $76,800
Program Service Revenue $19,500
Investment Income $0
Other Revenue $21,106
TOTAL REVENUE $117,406

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,107
Fundraising Expenses $0
Program Expenses $34,047
Other Expenses $75,998
TOTAL EXPENSES $86,105

Year-over-Year Comparison

2023 2022 Change
Revenue $117,406 $125,783 -0.1%
Expenses $86,105 $140,772 -0.4%
Net Income $31,301 $-14,989 -3.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
6
Employees
2
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
11
$4,375
Total Directors
0
$0
Key Employees
1
$4,375
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARLOS LOPEZ PRESIDENT 60.00
Officer Key Emp
$4,375 $0 $4,375
LEO DE LEON JR BOARD MEMBER 5.00
Officer
$0 $0 $0
IVETTE PATINO BOARD MEMBER 0.00
Officer
$0 $0 $0
MANUEL NORIEGA BOARD MEMBER 1.00
Officer
$0 $0 $0
NASRULLAH KHAN BOARD MEMBER 1.00
Officer
$0 $0 $0
OCTAVIO HINOJOSA BOARD MEMBER 1.00
Officer
$0 $0 $0
LUIS E CARRANZA VICE CHAIR OF THE BOARD 1.00
Officer
$0 $0 $0
DANIEL E CONTRERAS CHAIR OF BOARD 6.00
Officer
$0 $0 $0
PAUL CHEONG TREASURER OF THE BOARD 1.00
Officer
$0 $0 $0
MILTON E CHAVEZ BOARD MEMBER 6.00
Officer
$0 $0 $0
JOSEPH A DECKER PAST CHAIRMAN OF THE BOARD 1.00
Officer
$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 $117,406 $86,105 $1,706 $31,301
2022 $125,783 $140,772 $8,783 $-14,989
2021 $111,356 $124,155 $1,287 $-12,799
2020 $127,892 $160,057 $8,357 $-32,165
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