Latin Grammy Cultural Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 0 | 0 | 0 | — | — |
| 2015 | 845,467 | 423,276 | 422,191 | 12.0 | 48% |
| 2016 | 946,762 | 1,318,301 | −371,539 | 0.5 | 18% |
| 2017 | 1,408,265 | 1,378,370 | 29,895 | 0.7 | 18% |
| 2018 | 1,653,846 | 1,615,317 | 38,529 | 2.7 | 33% |
| 2019 | 1,576,224 | 1,314,641 | 261,583 | 5.3 | 19% |
| 2020 | 2,291,165 | 1,874,874 | 416,291 | 5.9 | 31% |
| 2021 | 1,840,010 | 1,821,563 | 18,447 | 7.3 | 32% |
| 2022 | 2,064,873 | 2,018,606 | 46,267 | 6.8 | 38% |
| 2023 | 2,346,253 | 2,281,763 | 64,490 | 6.9 | 29% |
| 2024 | 2,793,711 | 2,934,263 | −140,552 | 6.1 | 35% |
In its most recent public year (2024), this organization spent $140,552 more than it brought in. Its reserves stood at about 6.1 months of spending. Staff pay was 35% of spending. $564,461 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Latin Grammy Cultural Foundation's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works