Overview
What is Latin Grammy Cultural Foundation?
The Latin Grammy Cultural Foundation, situated in Doral, Florida, is a nonprofit organization committed to fostering international recognition of Latin music's significant cultural contributions. They do this primarily by offering scholarships to budding Latin music creators between the ages of 18 and 24, hailing from various parts of the world. The scholarships range from the Prodigy Scholarship of up to $200,000, three Gifted Scholarships worth up to $100,000 each, and 40 Tuition Assistance Scholarships capped at $10,000 each. The foundation's primary objective is to provide high-quality education, nurturing the talents of future Latin music artists and preserving various music genres. With a team of seven dedicated individuals, the Latin Grammy Cultural Foundation is dedicated to promoting and supporting the world's rich Latin music heritage.
Official website here: www.latingrammyculturalfoundation.org
Is Latin Grammy Cultural Foundation legitimate?
Latin Grammy Cultural Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Latin Grammy Cultural Foundation 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: $581,968
Professional Fundraising Fees: $0
Other Salaries and Wages: $84,405
For more financial information, click here
Official website here: www.latingrammyculturalfoundation.org
What is the mission statement of Latin Grammy Cultural Foundation?
The Latin Grammy Cultural Foundation's mission is to foster international recognition of the impact of Latin music on global culture. This is achieved primarily through providing high-quality education to young, talented creators of Latin music. The organization offers scholarships, fellowships, grants, and educational programs to support and encourage these individuals, thereby promoting a deeper understanding and appreciation of Latin music and its contributors worldwide. The foundation's primary charitable focus is to provide financial assistance to gifted Latin music students, offering scholarships worth up to $200,000, $100,000, and $10,000 respectively, through three annual programs.
Official website here: www.latingrammyculturalfoundation.org
Who is the CEO of Latin Grammy Cultural Foundation?
Raquel Egusquiza is the President (To 2/8/22) of Latin Grammy Cultural Foundation.
Official website here: www.latingrammyculturalfoundation.org
What is the revenue of Latin Grammy Cultural Foundation?
Latin Grammy Cultural Foundation's revenue in 2023 was $2,346,253.
Official website here: www.latingrammyculturalfoundation.org
Who are the executives of Latin Grammy Cultural Foundation and what are their salaries?
The average compensation at Latin Grammy Cultural Foundation during 2023 was $95,196. There are 7 employees and 7 volunteers at Latin Grammy Cultural Foundation.
Here are 10 key members and their salaries:
- Compensation: $176,129
- Related: $0
- Other: $10,119
- 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
- Compensation: $51,498
- Related: $0
- Other: $5,138
- Compensation: $243,891
- Related: $0
- Other: $36,910
- Compensation: $110,450
- Related: $0
- Other: $36,038
Official website here: www.latingrammyculturalfoundation.org
Where can I find the form 990 for Latin Grammy Cultural Foundation?
Latin Grammy Cultural Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.latingrammyculturalfoundation.org
Learn more at the official website: www.latingrammyculturalfoundation.org
Mission Statement of Latin Grammy Cultural Foundation
The Latin Grammy Cultural Foundation is committed to shining a spotlight on the influential role of Latin music in global culture. This nonprofit organization's primary charitable focus lies in nurturing the gifted and talented creators of Latin music, providing them with opportunities to hone their skills and deepen their understanding of this rich musical heritage. Through scholarships, fellowships, grants, and education programs, the Latin Grammy Cultural Foundation fosters international recognition and appreciation for the significant contributions of Latin music and its artists to the world's cultural landscape.
By offering various financial aid programs, the foundation supports the educational journeys of aspiring Latin music students. There are three annual scholarship programs, which include the Prodigy Scholarship, offering up to $200,000; three Gifted Scholarships, each worth up to $100,000; and forty Tuition Assistance Scholarships, providing up to $10,000 each. These scholarships empower young artists to pursue their passion for Latin music, ensuring that the next generation of musicians continues to enrich the world with their talent.
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Impact
October, 2024
The Latin Grammy Cultural Foundation plays a vital role in enhancing the visibility and appreciation of Latin music globally. By focusing on the educational needs of emerging artists, it brings international attention to the rich contributions of Latin music to the world’s cultural landscape.
The foundation provides financial support through a robust scholarship program aimed at gifted individuals aged 18 to 24 who are passionate about Latin music. This includes the prestigious Prodigy Scholarship, which can award up to $200,000, alongside several Gifted Scholarships and Tuition Assistance Scholarships. Such initiatives not only relieve the financial burden on young musicians but also empower them to deepen their expertise and interpretation of various Latin music genres.
Through its various educational programs, fellowships, and grants, the foundation promotes a greater understanding and appreciation of Latin music's historical significance and its ongoing evolution. By nurturing the next generation of Latin music creators, it ensures the preservation of these genres while fostering a vibrant and diverse musical future.
This information is meant to be a general summary of Latin Grammy Cultural Foundation. 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: $37,500
- Gross Receipts: $2,346,253
Assets and Liabilities:
- Total Assets: $2,959,967
- Total Liabilities: $1,655,812
- Net Assets: $1,304,155
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROJECT INCOME
Revenue
$37,500
Organization Details
Founding Year
2013
Phone
(305) 576-0036Principal Officer
Raquel Egusquiza
Main Address
3470 NW 82ND AVENUE 600, DORAL, FL, 33122
NTEE Category
Code: A68 - Arts
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