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National Hispanic Foundation For The Arts

National Hispanic Foundation For The Arts

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 522055110 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is National Hispanic Foundation For The Arts?

The National Hispanic Foundation for the Arts, situated in Washington D.C., is a dedicated nonprofit organization. Their primary objective is to amplify the involvement of Latinos in the realm of arts and entertainment industries. They achieve this through various means, such as organizing educational meetings, presentations, activities, and interviews. These events serve to emphasize the importance of increased Latino participation in these sectors. Additionally, they distribute press releases, newsletters, and engage in interviews to further highlight this cause. Their mission can be summarized as promoting Hispanic participation in arts and media-related studies.


Official website here: www.hispanicarts.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 36%, Zero Stars.

The National Hispanic Foundation for the Arts has received a low rating primarily due to concerns about its accountability and financial practices. While the organization boasts a fully independent board and does not report any material diversion of assets, it suffers from significant shortcomings, particularly the absence of essential policies, such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Additionally, the foundation has a high liabilities-to-assets ratio and a low program expense ratio, indicating potential issues in financial management and program funding.

User feedback reflects dissatisfaction with the foundation's responsiveness, particularly regarding scholarship applications. A former client expressed frustration after investing considerable time in an application but receiving no communication about the outcome. This lack of transparency and communication has led to perceptions of the organization as untrustworthy and misleading for those seeking financial support in the arts.

Overall, while the foundation has clear strengths in governance, its communication practices and financial management raise significant concerns for potential donors and beneficiaries alike. The combination of a low rating and negative user experiences suggests that prospective supporters should consider these factors carefully before engaging with the organization.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is National Hispanic Foundation For The Arts legitimate?

National Hispanic Foundation For The Arts is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Hispanic Foundation For The Arts 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: $0

For more financial information, click here


Official website here: www.hispanicarts.org

What is the mission statement of National Hispanic Foundation For The Arts?

The National Hispanic Foundation for the Arts' mission is centered around promoting the involvement of Hispanics in the arts and media-related studies. Through various educational meetings, presentations, activities, press releases, newsletters, and interviews, they aim to highlight the importance of increasing the participation of Latinx individuals in the arts and entertainment industries. By doing so, they contribute to a more diverse and inclusive landscape in these fields.


Official website here: www.hispanicarts.org

Who is the CEO of National Hispanic Foundation For The Arts?

Felix R Sanchez is the Director of National Hispanic Foundation For The Arts.


Official website here: www.hispanicarts.org

What is the revenue of National Hispanic Foundation For The Arts?

National Hispanic Foundation For The Arts's revenue in 2021 was $476,986.


Official website here: www.hispanicarts.org

Who are the executives of National Hispanic Foundation For The Arts and what are their salaries?


Here are 7 key members and their salaries:


Ginny Grenham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lola Salazar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark G Contreras (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Armando Gomez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grace Flores Hughes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Anaya (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felix Sanchez (Chariman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hispanicarts.org

Where can I find the form 990 for National Hispanic Foundation For The Arts?

National Hispanic Foundation For The Arts's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.hispanicarts.org

Learn more at the official website: www.hispanicarts.org

Mission Statement of National Hispanic Foundation For The Arts

The National Hispanic Foundation for the Arts is dedicated to advocating for increased Hispanic participation in the arts and media-related fields. Their mission is to promote this cause through various educational initiatives, presentations, and activities. They achieve this by conducting meetings, delivering informative releases, and publishing newsletters and interviews. These efforts serve to bring attention to the importance of fostering a more diverse presence of Latinos in the arts and entertainment industries. By engaging in these activities, the National Hispanic Foundation for the Arts aims to make a significant contribution to the broader arts and entertainment landscape, ensuring a more inclusive and representative industry for all.

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Impact




July, 2024

The National Hispanic Foundation for the Arts is actively promoting Hispanic participation in the arts and media-related studies. Through educational meetings, presentations, activities, press releases, newsletters, and interviews, the foundation highlights the importance of increasing Latino representation in the arts and entertainment industries. Their mission is focused on advocating for greater diversity and inclusion in these fields, with a particular emphasis on empowering Hispanic individuals to pursue careers in the arts and media.




This information is meant to be a general summary of National Hispanic Foundation For The Arts. 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.

Revenue
$476,986 (2021)
Expenses
$380,493 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $3
  • Gross Receipts: $476,986

Assets and Liabilities:

  • Total Assets: $131,638
  • Total Liabilities: $131,638
  • Net Assets: $0

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Organization Details

Founding Year

1997

Principal Officer

Felix R Sanchez

Main Address

1050 CONNECTICUT AVENUE NW, WASHINGTON, DC, 20036

NTEE Category

Code: B82 - Education

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