Totals
- Total revenue
- $2,129,755
- Total expenses
- $725,573
- Contributions and grants received
- $2,075,195
- Grants paid
- $0
- Program service revenue
- $10,570
- Investment income
- $26,219
- Other revenue
- $17,771
- Total assets, end of year
- $4,354,807
- Total liabilities, end of year
- $438,873
- Net assets or fund balances, end of year
- $3,915,934
- Program services expenses (Part IX)
- $512,071
- Management and general expenses
- $125,980
- Fundraising expenses
- $87,522
- Program service expenses (Part III)
- $512,071
Program services were 70.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$135,776
-
1f · All other contributions, gifts and grants
$1,939,419
-
1g · Noncash contributions included above
$2,448
-
2a · Program service revenue: WORKSHOPS
total $10,570 · related or exempt $10,570
-
3 · Investment income
total $15,473 · excluded $15,473
-
7a · Gross sales of assets other than inventory
securities $10,746
-
7c · Gain or loss
securities $10,746
-
7d · Net gain or loss
total $10,746 · excluded $10,746
-
10a · Gross sales of inventory
$28,224
-
10b · Cost of goods sold
$10,453
-
10c · Net income from sales of inventory
total $17,771 · excluded $17,771
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $110,740 · program services $55,370 · management and general $27,685 · fundraising $27,685
-
7 · Other salaries and wages
total $204,911 · program services $184,634 · management and general $16,008 · fundraising $4,269
-
9 · Other employee benefits
total $42,865 · program services $33,364 · management and general $5,603 · fundraising $3,898
-
11c · Fees: accounting
total $13,775 · management and general $13,775
-
11e · Fees: professional fundraising services
total $3,074 · fundraising $3,074
-
11f · Fees: investment management
total $6,355 · management and general $6,355
-
11g · Fees: other
total $126,429 · program services $102,181 · management and general $419 · fundraising $23,829
-
12 · Advertising and promotion
total $13,815 · program services $6,908 · management and general $4,835 · fundraising $2,072
-
13 · Office expenses
total $13,455 · program services $6,728 · management and general $4,709 · fundraising $2,018
-
14 · Information technology
total $23,683 · program services $11,842 · management and general $8,289 · fundraising $3,552
-
16 · Occupancy
total $48,466 · program services $24,233 · management and general $16,963 · fundraising $7,270
-
17 · Travel
total $24,021 · program services $19,612 · management and general $2,591 · fundraising $1,818
-
22 · Depreciation, depletion and amortization
total $38,491 · program services $19,245 · management and general $13,472 · fundraising $5,774
-
23 · Insurance
total $4,753 · program services $2,376 · management and general $1,664 · fundraising $713
-
24a · Other expenses: FISCAL SPONSORSHIPS
total $34,699 · program services $34,699
-
24b · Other expenses: PROGRAM SUPPLIES
total $5,726 · program services $5,726
-
24c · Other expenses: MEMBERSHIP DUES
total $4,949 · program services $2,475 · management and general $1,732 · fundraising $742
-
24d · Other expenses: EQUIPMENT MAINTENANCE
total $3,233 · program services $1,615 · management and general $1,130 · fundraising $488
-
24e · All other expenses
total $2,133 · program services $1,063 · management and general $750 · fundraising $320
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $192,598 · end of year $429,397
-
9 · Prepaid expenses and deferred charges
end of year $836
-
10a · Land, buildings and equipment: cost or other basis
$3,336,757
-
10b · Land, buildings and equipment: accumulated depreciation
$107,002
-
10c · Land, buildings and equipment, net
beginning of year $1,383,157 · end of year $3,229,755
-
11 · Investments: publicly traded securities
end of year $694,819
-
12 · Investments: other securities
beginning of year $619,620
-
17 · Accounts payable and accrued expenses
beginning of year $14,949 · end of year $38,873
-
25 · Other liabilities
end of year $400,000
-
27 · Net assets without donor restrictions
beginning of year $1,784,293 · end of year $2,820,966
-
28 · Net assets with donor restrictions
beginning of year $396,133 · end of year $1,094,968
Mission and programs · 2023
Mission
THE MISSION OF THE LATINO CULTURAL ARTS CENTER (LCAC) IS TO STRENGTHEN THE KNOWLEDGE OF THE EXTENSIVE ARTISTIC EXPRESSIONS OF LATINOS LIVING IN THE U.S. AND GLOBALLY THROUGH EDUCATION, DISCUSSION... CONTINUED ON SCHEDULE O.
Activities or mission (Part I)
TO STRENGTHEN THE KNOWLEDGE OF THE EXTENSIVE ARTISTIC EXPRESSIONS OF LATINOS LIVING IN THE U.S. AND GLOBABLLY THROUGH EDUCATION, DISCUSSION, EXHIBITION, AND PRESERVATION OF THEIR HISTORICAL AND ONGOING CONTRIBUITONS.
-
DEVELOPMENT OF LAS BODEGAS: THE LCAC WILL BE INTEGRATED IN THE SUN VALLEY NEIGHBORHOOD WEST OF DOWNTOWN DENVER AT THE INTERSECTION OF FEDERAL BOULEVARD AND COLFAX AVENUE NEAR I-25. AS ONE OF DENVER'S OLDEST AND MOST DIVERSE NEIGHBORHOODS, WITH DEEP ROOTS IN LATINO AND IMMIGRANT COMMUNITIES, SUN VALLEY IS CURRENTLY UNDERGOING SIGNIFICANT REVITALIZATION. THE LCAC WILL BE AN ACTIVE PART OF ITS TRANSFORMATION. LAS BODEGAS WILL BRING ENHANCED CULTURAL AND ECONOMIC VITALITY TO DENVER AND THE ROCKY MOUNTAIN REGION.
Expenses $382,645 · Revenue $10,570
-
LAS BODEGAS ARE HOME TO THE LCAC'S PROGRAMS. THEY ARE BUILT UPON MEANINGFUL PARTNERSHIPS AT THE INTERSECTION OF VISUAL AND MULTIMEDIA ARTS, MENTAL HEALTH, AND A HEALTHY ENVIRONMENT. THE BUILDINGS WILL CONSIST OF A MULTIMEDIA LAB, TWO ARTIST STUDIOS, FOUR FLEXIBLE CLASSROOMS, AND A CAF. THEY ARE A CATALYST THAT EMPOWERS THE NEXT GENERATION OF INSPIRING STORYTELLERS, WHILE CONTRIBUTING TO GROWING AND IMPORTANT SECTORS IN COLORADO'S ECONOMY BY MAKING THEM MORE ACCESSIBLE AND DYNAMIC.
Expenses $129,426
-
OFRENDAS: LCAC'S OFRENDAS COMBINES DIA DE LOS MUERTOS TRADITIONS WITH MENTAL WELLNESS BY TEACHING PEOPLE HOW TO HAVE CONVERSATIONS ABOUT GRIEF AND LOSS, WHILE HONORING THOSE THAT HAVE COME BEFORE US.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
ALFREDO REYES
EXECUTIVE DI
- Total calculated
- $110,740
- From this org
- $108,150
- From related orgs
- $0
- Other
- $2,590
- Hours/week
- 40
-
ADRIANNA ABARCA
CHAIRWOMAN T
- Total calculated
- $0
- Hours/week
- 1
-
MARCO ANTONIO ABARCA
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
BOBBY LEFEBRE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JUSTIN GILMORE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
RYAN PATTERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511349349304131
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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