Skip to content
Nonprofiteer
← SOUTHEWST FOLKLIFE ALLIANCE INC

Form 990 for tax year 2023

Filed by SOUTHEWST FOLKLIFE ALLIANCE INC.

Totals

Total revenue
$2,316,147
Total expenses
$2,540,667
Contributions and grants received
$2,175,335
Grants paid
$56,161
Program service revenue
$84,511
Investment income
$1,117
Other revenue
$55,184
Total assets, end of year
$2,399,483
Total liabilities, end of year
$992,276
Net assets or fund balances, end of year
$1,407,207
Program services expenses (Part IX)
$2,136,108
Management and general expenses
$387,177
Fundraising expenses
$17,382
Program service expenses (Part III)
$2,136,108

Program services were 84.1% 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)

    $1,063,154

  • 1f · All other contributions, gifts and grants

    $1,112,181

  • 2a · Program service revenue: Salesconcessions

    total $32,396 · related or exempt $32,396

  • 2b · Program service revenue: Other program fees

    total $52,115 · related or exempt $52,115

  • 3 · Investment income

    total $1,117 · excluded $1,117

  • 6a · Gross rents

    personal property $52,910

  • 6c · Rental income or loss

    personal property $52,910

  • 6d · Net rental income or loss

    total $52,910 · excluded $52,910

  • 11d · All other revenue

    total $2,274 · excluded $2,274

  • 11e · Other revenue, total

    $2,274

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $56,161 · program services $56,161

  • 11b · Fees: legal

    total $2,600 · program services $2,600

  • 11c · Fees: accounting

    total $52,367 · management and general $52,367

  • 11e · Fees: professional fundraising services

    total $12,925 · fundraising $12,925

  • 11f · Fees: investment management

    total $1,819,147 · program services $1,542,425 · management and general $276,722

  • 12 · Advertising and promotion

    total $112,856 · program services $106,937 · management and general $5,919

  • 13 · Office expenses

    total $47,756 · program services $23,211 · management and general $22,237 · fundraising $2,308

  • 16 · Occupancy

    total $4,581 · program services $4,581

  • 17 · Travel

    total $159,058 · program services $152,726 · management and general $6,332

  • 19 · Conferences, conventions and meetings

    total $7,992 · program services $4,402 · management and general $3,590

  • 20 · Interest

    total $3,063 · management and general $3,063

  • 23 · Insurance

    total $5,592 · program services $3,600 · management and general $1,992

  • 24a · Other expenses: Production expense

    total $111,412 · program services $102,652 · management and general $8,760

  • 24b · Other expenses: Vendor & permit fees

    total $10,234 · program services $10,150 · management and general $84

  • 24c · Other expenses: Equipment rental

    total $99,705 · program services $99,705

  • 24d · Other expenses: Concessions

    total $15,282 · program services $15,282

  • 24e · All other expenses

    total $19,936 · program services $11,676 · management and general $6,111 · fundraising $2,149

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $173,234 · end of year $169,113

  • 2 · Savings and temporary cash investments

    beginning of year $2,861,690 · end of year $1,040,806

  • 3 · Pledges and grants receivable

    beginning of year $338,041 · end of year $544,744

  • 4 · Accounts receivable

    beginning of year $1,527 · end of year $1,151

  • 9 · Prepaid expenses and deferred charges

    beginning of year $53,560 · end of year $14,240

  • 10a · Land, buildings and equipment: cost or other basis

    $628,149

  • 10c · Land, buildings and equipment, net

    end of year $628,149

  • 15 · Other assets

    end of year $1,280

  • 17 · Accounts payable and accrued expenses

    beginning of year $120,583 · end of year $123,717

  • 19 · Deferred revenue

    end of year $8,875

  • 25 · Other liabilities

    beginning of year $1,675,742 · end of year $859,684

  • 27 · Net assets without donor restrictions

    beginning of year $1,449,363 · end of year $1,406,982

  • 28 · Net assets with donor restrictions

    beginning of year $182,364 · end of year $225

Mission and programs · 2023

Mission

We build more equitable and vibrant communities by celebrating the everyday expression of culture, heritage and diversity in the greater Southwest and US Mexico Border Corridor.(Continued on Schedule O)

  • See attached PDF.

    Expenses $2,136,108 · Revenue $84,511

As filed on the 2023 return.

Listed in Part VII

  • Leia Maahs

    Executive Director

    Total calculated
    $127,176
    From this org
    $20,000
    From related orgs
    $83,512
    Other
    $23,664
    Hours/week
    40

  • Jocelyn Retamoza-Gonzvar

    Director

    Total calculated
    $19,000
    From this org
    $19,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Robert Breunig

    Director

    Total calculated
    $0
    Hours/week
    2

  • Alica Nunez

    Director

    Total calculated
    $0
    Hours/week
    2

  • Praise Zenenga

    Director

    Total calculated
    $0
    Hours/week
    2

  • Berlin Loa

    Vice President

    Total calculated
    $0
    Hours/week
    2

  • Lynn Hourani

    President

    Total calculated
    $0
    Hours/week
    2

  • Teresa Bravo

    Secretary

    Total calculated
    $0
    Hours/week
    2

  • Maribel Alvarez

    Treasurer

    Total calculated
    $0
    Hours/week
    2

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
26 October 2024
IRS schema version
2023v5.1
Source object
202423049349302642

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.