Overview
What is Artistas Y Musicos Latin Americanos?
Artistas Y Musicos Latin Americanos, often referred to as AMLA, is a nonprofit organization based in Philadelphia and its surrounding areas. Their primary mission is to foster and enhance the appreciation of Latin American music and culture. A key component of their work involves offering youth-centric music education programs and collaborative events featuring both budding artists and established professionals. By engaging with both young learners and seasoned artists, AMLA aims to broaden understanding and appreciation of Latin American music and culture within the local community.
Official website here: www.amla.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Artistas Y Musicos Latin Americanos has achieved a remarkable 97% score on Charity Navigator, which signifies a strong emphasis on accountability and financial health. This high rating is a reflection of the organization's effective governance, with 85% of its board members being independent, ensuring transparency and reduced conflicts of interest in decision-making processes.
The nonprofit demonstrates excellent financial management, as evidenced by its 100% program expense ratio, meaning all its expenses are directed towards its programs. Additionally, the organization has no material diversion of assets, highlighting its commitment to integrity. Its sound financial practices are further reflected in a low liabilities to assets ratio of 22.80%, indicating a stable financial position.
While the organization has solid financial ratings, it is essential for potential donors to consider the compensation of key personnel. The Chairman's salary is reported at $237,897, which may raise questions about executive compensation in relation to the nonprofit's overall mission. Overall, Artistas Y Musicos Latin Americanos is recognized for its strong governance and financial health, making it a commendable choice for donors seeking impactful contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Artistas Y Musicos Latin Americanos legitimate?
Artistas Y Musicos Latin Americanos is a legitimate nonprofit organization registered as a 501(c)(3) entity. Artistas Y Musicos Latin Americanos submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,182
For more financial information, click here
Official website here: www.amla.org
What is the mission statement of Artistas Y Musicos Latin Americanos?
Artistas Y Musicos Latin Americanos, often referred to as Amla, is a non-profit organization with a mission to foster and enhance the appreciation of Latin American music and culture in a broader context. They primarily focus on Philadelphia and its surrounding areas. A crucial part of their mission involves engaging with young individuals through educational programs, collaborating with both student musicians and professional artists. The objective of Amla is to promote, develop, and enhance the understanding of Latin American music and culture, ultimately contributing to a more culturally diverse and enriched society.
Official website here: www.amla.org
What is the revenue of Artistas Y Musicos Latin Americanos?
Artistas Y Musicos Latin Americanos's revenue in 2023 was $386,064.
Official website here: www.amla.org
Who are the executives of Artistas Y Musicos Latin Americanos and what are their salaries?
There 6 volunteers at Artistas Y Musicos Latin Americanos.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $237,897
- Other: $50,226
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.amla.org
Where can I find the form 990 for Artistas Y Musicos Latin Americanos?
Artistas Y Musicos Latin Americanos's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.amla.org
Learn more at the official website: www.amla.org
Mission Statement of Artistas Y Musicos Latin Americanos
Artistas Y Musicos Latin Americanos, often referred to as Amla, is a non-profit organization with a mission to foster and cultivate an appreciation for Latin American music and culture within Philadelphia and its surrounding areas. At the heart of their mission is a youth-focused approach, involving both students and professional artists in their educational and presenting programs. Through these initiatives, Amla aims to promote, develop, and deepen the understanding of Latin American music and culture throughout the region.
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Impact
October, 2024
Artistas Y Musicos Latin Americanos (AMLA) has made a significant impact in Philadelphia by enriching the local cultural landscape and fostering a deeper understanding of Latin American music and culture. Through youth-focused music education and collaborative programs, AMLA connects students with professional artists, creating opportunities for artistic growth and cultural exchange.
The organization not only enhances the artistic skills of young people but also promotes cultural diversity within the community, bridging gaps through music and fostering a sense of belonging among participants. By celebrating Latin American heritage, AMLA contributes to a more inclusive society where various cultural expressions are recognized and valued. Through its programs, AMLA plays a crucial role in preserving and promoting the richness of Latin American music, ensuring that it continues to thrive and be appreciated by future generations.
This information is meant to be a general summary of Artistas Y Musicos Latin Americanos. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $60,519
- Gross Receipts: $386,064
Assets and Liabilities:
- Total Assets: $117,858
- Total Liabilities: $43,323
- Net Assets: $74,535
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$15,603
PROGRAM SERVICE FEES
Revenue
$44,916
Organization Details
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