Overview
What is Instituto Cervantes Of Chicago Inc?
Instituto Cervantes of Chicago Inc is a nonprofit organization, established by the Spanish government, dedicated to promoting the Spanish language and cultural activities. Located at 31 W Ohio Street, Chicago, Illinois, the organization offers both specialized and general Spanish language courses. They also conduct examinations for the official diplomas in Spanish as a foreign language (D.E.L.E.) and the Spanish Business Certificate. The institution employs modern teaching methods and supports research in the field of Spanish and Hispanic studies. It houses an extensive library containing Spanish and Latin-American books, periodicals, films, and music, as well as up-to-date technology. Beyond education, Instituto Cervantes organizes cultural events such as art exhibits, music concerts, symposiums, and book presentations by Spanish and Hispanic artists, authors, and scholars. They also collaborate with various film festivals and sponsor events related to architecture, cinema, and poetry. In summary, Instituto Cervantes of Chicago Inc is a vibrant hub for learning Spanish and appreciating Spanish-speaking cultures, offering a wide range of courses, resources, and cultural activities.
Official website here: www.chicago.cervantes.es
What are the reviews and ratings of this charity?
Charity Navigator rating: One-Star out of Four Stars (54%)
The Instituto Cervantes of Chicago Inc has received a One-Star rating from Charity Navigator, primarily due to its low Accountability & Finance score. The organization lacks independent board members, which raises concerns about governance and oversight. Although the financial statements have received a perfect score for audits and asset management, the absence of critical policies such as conflict of interest and whistleblower protections indicates potential weaknesses in operational transparency.
Despite these challenges, user feedback from Great Nonprofits highlights the positive aspects of the organization. Reviewers appreciate the Instituto's dedication to promoting Hispanic arts and culture through various year-round activities. The presence of a state-of-the-art facility and the largest Spanish language library in the region further enhance its reputation among community members.
However, the financial stability of the organization is a concern, as indicated by a high liabilities to assets ratio. While program expense ratios suggest that a significant portion of funds is directed toward programming, the overall lack of accountability and strong governance practices could impact the organization's long-term viability and effectiveness.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Instituto Cervantes Of Chicago Inc?
96% of 92 reviewers on Facebook recommend Instituto Cervantes of Chicago. Here is a summary of their reviews:
Many users express high satisfaction with the variety of classes offered, particularly those in Spanish, which are well-received for their quality and engaging teaching methods. The library is also positively noted, featuring a good selection of resources for language learners and cultural enthusiasts. Additionally, attendees appreciate the diverse cultural events and conferences that the institute hosts, highlighting their relevance and the enriching experiences provided.
Overall, individuals feel that Instituto Cervantes of Chicago delivers on its promise to promote the Spanish language and Hispanic culture, fostering a welcoming environment for learning and participation. The overwhelming recommendation rate indicates that users find great value in the services and community the nonprofit provides.
This AI summary has been generated from reviews found on Facebook.
Is Instituto Cervantes Of Chicago Inc legitimate?
Instituto Cervantes Of Chicago Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Instituto Cervantes Of Chicago Inc submitted a form 990, 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: $690,388
For more financial information, click here
Official website here: www.chicago.cervantes.es
What is the mission statement of Instituto Cervantes Of Chicago Inc?
The Instituto Cervantes Of Chicago Inc, established by the Spanish government, is dedicated to promoting the use of Spanish as a second language and fostering an understanding of Spanish-speaking cultures. To achieve this, the organization organizes various activities such as performances, lectures, and symposiums featuring Spanish art, music, literature, and cinema. These events often involve collaborations with local cultural and educational organizations in Chicago. The mission of Instituto Cervantes Of Chicago Inc is to propagate the Spanish language and disseminate knowledge about the cultures of Spanish-speaking nations worldwide.
Official website here: www.chicago.cervantes.es
Who is the CEO of Instituto Cervantes Of Chicago Inc?
Anastasio Sanchez Zamoran is the Principal Officer of Instituto Cervantes Of Chicago Inc.
Official website here: www.chicago.cervantes.es
What is the revenue of Instituto Cervantes Of Chicago Inc?
Instituto Cervantes Of Chicago Inc's revenue in 2022 was $2,244,448.
Official website here: www.chicago.cervantes.es
Who are the executives of Instituto Cervantes Of Chicago Inc and what are their salaries?
The average compensation at Instituto Cervantes Of Chicago Inc during 2022 was $16,438. There are 42 employees and 15 volunteers at Instituto Cervantes Of Chicago Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $91,175
- Related: $0
- Other: $7,775
Official website here: www.chicago.cervantes.es
Where can I find the form 990 for Instituto Cervantes Of Chicago Inc?
Instituto Cervantes Of Chicago Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chicago.cervantes.es
Learn more at the official website: www.chicago.cervantes.es
Mission Statement of Instituto Cervantes Of Chicago Inc
Instituto Cervantes of Chicago Inc, a nonprofit organization established by the Spanish government, is dedicated to fostering the use of Spanish as a second language and promoting cultural activities associated with Spanish-speaking nations. Its primary mission is to advocate for, study, and encourage the application of Spanish in various capacities. To accomplish this, Instituto Cervantes of Chicago Inc partners with various cultural and educational organizations in Chicago, hosting performances, lectures, symposiums, and events that showcase Spanish performing arts, music, literature, and cinema. By doing so, the organization aims to broaden the understanding and appreciation of Spanish-speaking cultures in the broader Chicago community.
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Impact
October, 2024
Instituto Cervantes of Chicago Inc significantly enhances the cultural landscape of the city by promoting the use of Spanish as a second language and facilitating a deeper understanding of Spanish-speaking cultures. Through specialized and general Spanish language courses, it equips individuals with the skills needed to communicate effectively in Spanish, offering pathways to official diplomas like the D.E.L.E. and the Spanish Business Certificate.
The organization also cultivates a rich cultural environment by hosting a variety of activities that celebrate Spanish and Latin-American arts. From art exhibits featuring both local and internationally acclaimed artists to the month-long Chicago Flamenco Festival, Instituto Cervantes plays a vital role in making diverse cultural expressions accessible to the public. It serves as a hub for literature, hosting book presentations and symposiums with prominent Spanish-speaking authors, while also fostering collaborations with various film festivals in the area.
Additionally, the extensive library offers resources in Spanish and Latin-American literature, periodicals, films, and music, making it a key resource for students and researchers alike. With lectures, seminars, and performances covering a wide range of contemporary topics such as architecture and cinema, Instituto Cervantes facilitates important dialogues on cultural and artistic issues, further enriching the community's understanding of the Spanish-speaking world.
Overall, the impact of Instituto Cervantes of Chicago resonates widely, fostering appreciation for language and culture while encouraging cross-cultural exchanges in the city.
This information is meant to be a general summary of Instituto Cervantes Of Chicago Inc. 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 2022.
- Program Service Revenue: $764,861
- Gross Receipts: $2,244,593
Assets and Liabilities:
- Total Assets: $5,544,900
- Total Liabilities: $5,240,340
- Net Assets: $304,560
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$570,358
Spanish Diploma Progra
Revenue
$95,182
Cultural events
Revenue
$86,227
Training courses
Revenue
$8,440
Library membership
Revenue
$4,654
Organization Details
Founding Year
1996
Phone
(312) 335-1996Principal Officer
Anastasio Sanchez Zamoran
Main Address
31 W Ohio Street, Chicago, IL, 60654
Website
www.chicago.cervantes.esNTEE Category
Code: A230 - Arts
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